Refrigerators News

Industry

Online sales of large appliances to hit $1 billion this year

Sales of large appliances through e-commerce channels have doubled between 2015 and 2017 from $430 million to $900 million, according to a report by RedSeer Consulting

2 min read14 Oct 2018
Industry

Voltbek eyes ₹10,000 crore from sale of appliances

Voltbek Home Appliances, a joint venture between Voltas Ltd and Turkey-based Arelik, will launch more than 100 products over the next 3 months

1 min read14 Sep 2018
Industry

New GST rates from today: A list of items that are set to get cheaper

About 88 itemsfrom refrigerators and washing machines to toiletries and cosmeticsare set to get cheaper after the GST rate cut

3 min read27 Jul 2018
Industry

Godrej Appliances eyes Rs4,000 crore turnover in FY18

Godrej Appliances is expecting 30% growth in sales during the current festival season, says business head and executive vice president Kamal Nandi

2 min read10 Sep 2017
Companies

Whirlpool India to invest Rs200 crore, increase production in next 3 years

Whirlpool India is also working on entering smaller cities with its wide range of products, including refrigerators and washing machines

1 min read2 Jul 2017
Industry

China’s Midea Group to invest Rs800 crore for a manufacturing plant in Maharashtra

Chinese firm Midea Group's new facility will manufacture appliances like refrigerators, washing machines, water appliance products and is expected to generate 500 jobs over the next 5 years

1 min read29 Jun 2017
Industry

Samsung to invest Rs4,915 crore in Noida plant to double production

Samsung president and CEO (Southwest Asia) H.C. Hong says the company wants to make India a global production hub

2 min read7 Jun 2017
Industry

GST rates: TVs, ACs, refrigerators to get costlier after 1 July GST rollout

All home appliances and consumer durables, including TVs, ACs, refrigerators and washing machines, will attract a 28% tax rate after GST implementation

2 min read19 May 2017
Companies

Whirlpool will never be in the pricing game: MD Sunil D’Souza

Whirlpool of India MD Sunil D'Souza says the consumer durables firm will never play the pricing game with South Korean rivals Samsung and LG

4 min read11 May 2017
Topic

In India, washing machines top computers in popularity

A majority of Indian households own a TV while 29% own a refrigerator, according to the ICE 360 survey

4 min read13 Dec 2016
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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