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Brands need to understand customer sentiments more now than ever: Parag Kulkarni

Brands need to understand customer sentiments more now than ever: Parag Kulkarni
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A.O. Smith India growing at a greater pace than the market in water heater & water purification category: Parag Kulkarni

A.O. Smith India growing at a greater pace than the market in water heater & water purification category: Parag Kulkarni
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Pro-planet initiatives can help build a healthy future

The pandemic has given us a unique opportunity to pause, reflect and rethink how to balance our relationship with nature to ensure a harmonious relationship. The learnings are many; one of the key takeaways was the way nature has responded to ...

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Emerging trends in the consumer durables industry in the 'new normal' - Parag Kulkarni, MD, A. O. Smith India

Emerging trends in the consumer durables industry in the 'new normal' - Parag Kulkarni, MD, A. O. Smith India
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Guest column: Trends that will rule consumer durables industry in the 'new normal'


The consumer durables sector has grown at a steady rate over the last decade.
18 Apr, 2021 - 12:30 PM IST     |     By Parag Kulkarni    
NEW DELHI: 2020 will leave its mark in history as the year that altered lives and reshaped the business landscape across industries. The consumer durables industry has come a long way since the beginning of the pandemic. Companies have tapped into changing consumer sentiments by being more responsive and providing innovative solutions to address expectations. 
Over the last decade, the consumer durables sector has grown at a steady rate, marking the scope of future prospects. This provides the industry with a great opportunity to build sustainable markets and tap into both urban and rural markets in the country. Last year saw a significant increase in e-commerce demand from tier-2 and tier-3 towns, in light of the pandemic. Brands are also moving toward a more customer-centric approach like never before. The ability to identify a customer’s emotional need, understand the reasons behind that need, and respond to it effectively goes a long way in building successful brands. 

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