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White goods industry hopes 2021 mirrors the second half of 2020 in growth trends


White goods industry hopes 2021 mirrors the second half of 2020 in growth trends
December 29, 2020
The need for convenience was so compelling that consumers not only upgraded their refrigerators, washing machines and LED TVs but also lapped up vacuum cleaners and dishwashers
The need for convenience was so compelling that consumers not only upgraded their refrigerators, washing machines and LED TVs but also lapped up vacuum cleaners and dishwashers×
After a roller-coaster of a year, the consumer durables industry is hoping for sizzling sales in the upcoming summer season. It is also pinning its hopes that strong demand trends witnessed in the second half of 2020 will sustain in 2021, amid escalating raw material and freight costs. ....

Eric Braganza , Neeraj Bahl , Avneet Singh Marwah , Vijay Babu , Shashi Arora , Manish Sharma , Vishal Bhola , Lg Electronics India , Manufacturing Programme , Managing Director , Haier India , Havells India , Vice President Home Appliances , Panasonic India , South Asia , Singh Marwah , India Atmanirbhar , Phased Manufacturing Programme , Whirlpool India , எரிக் பிரகஞ்ச , நீரஜ் பஹ்ல் , அவனெட் சிங் மார்வா , விஜய் பாபு , ஷாஷி அரோரா , மனிஷ் ஷர்மா , விஷால் போலா ,

AIRIA seeks tax reforms for rubber industry


AIRIA seeks tax reforms for rubber industry
The All India Rubber Industries Association (AIRIA) has called for rationalisation of tax structure and said that the inverted duty structure impacts the local industry.
  |  28 Dec 2020 5:04 AM GMT
NEW DELHI: The All India Rubber Industries Association (AIRIA) has called for rationalisation of tax structure and said that the inverted duty structure impacts the local industry.
It also said that the government should consider providing adequate support and handholding to the producers and should device Phased Manufacturing Programme for enhancing the localisation in the rubber sector of India.
The industry body noted that import of raw materials such as natural rubber and latex attract import duties of as high as 70 per cent, while that on finished goods is much lower, which impacts the local rubber goods producing industry, and stands as an obstacle towards the vision of Atmanirbhar Bharat . ....

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