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Second Covid wave heralds another washout summer for consumer durables

Industry executives say that sales have crashed to near-zero levels in April and May so far and most companies have either partially restricted production catering only to exports or shut down

Samsung, LG, Vivo, others brace for sale crash as lockdowns dwindle demand

Samsung, LG, Vivo, others brace for sale crash as lockdowns dwindle demand Many companies, including giants like Apple and Samsung, even export their electronic parts and products out of India. At current production capacity, they can only cater to demand from global markets BusinessToday.In | May 20, 2021 | Updated 12:47 IST Though the Centre has refrained from imposing nationwide lockdown like last year, state-wise lockdown curbs have hurt businesses hard Big electronic brands in India are bearing the brunt of the second Covid-19 wave as lockdowns and curbs around online selling of non-essential products in most states lead to a crash in sales. As India struggles against the wrath of Covid-19 wave, most top electronic companies such as LG, Panasonic, Carrier Midea, Vivo, Oppo, Haier and Godrej have either shut their plants or have cut down on production significantly.

Samsung, LG, Vivo, others brace for sale crash as lockdowns dwindle demand

Samsung, LG, Vivo, others brace for sale crash as lockdowns dwindle demand
businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.

Electric Vehicle Battery Swapping (Subscription Model & Pay-Per-Use Model) Market by Service Type and Vehicle Type: Global Opportunity Analysis and Industry Forecast, 2020-2021 & 2027 – ResearchAndMarkets com

Electric Vehicle Battery Swapping (Subscription Model & Pay-Per-Use Model) Market by Service Type and Vehicle Type: Global Opportunity Analysis and Industry Forecast, 2020-2021 & 2027 – ResearchAndMarkets com
financialbuzz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialbuzz.com Daily Mail and Mail on Sunday newspapers.

Refrigerator Air Conditioner Sales Drop Drastically In April And May | Coronavirus Lockdown Impact | अप्रैल और मई में AC और फ्रिज की बिक्री पर हुआ असर, बिक्री में भारी गिरावट

Refrigerator Air Conditioner Sales Drop Drastically In April And May | Coronavirus Lockdown Impact | अप्रैल और मई में AC और फ्रिज की बिक्री पर हुआ असर, बिक्री में भारी गिरावट
bhaskar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bhaskar.com Daily Mail and Mail on Sunday newspapers.

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