Samsung eyes 65% growth in its premium consumer electronics

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New Delhi, Oct 6 | Samsung has seen a strong growth in its consumer electronics business over the last three months with consumer sentiments riding high and is expecting the sale of its premium category of TVs and digital appliances to grow by over 65 per cent this festive season, a top company executive said on Wednesday.

The overall consumer electronics business for Samsung is expected to see a growth of 30 per cent this festive season as industries and businesses have opened up, rainfall has been adequate and positive vaccination efforts.

“Consumer sentiment is at an all-time high for festive buying. We saw strong uptick during Onam and Ganesh Chaturthi festivals already. Since the unlocking of markets, there has been an increased demand among consumers to equip their homes with the latest technology while they stay and work from home,” said Raju Pullan, Senior Vice President, CE Business, Samsung India.

Samsung has seen a strong demand for premium products with QLED TVs growing 63 per cent, side by side refrigerators growing 100 per cent and front load washing machines growing 50 per cent in August.

“We planned for festive season way in advance to stay ahead of the curve and ensured that we are well stocked up and expanded our premium portfolio with launch of Neo QLED TV, The Frame TV, French Door Refrigerators, AI Ecobubble washing machines, WindFree ACs, etc., to cater to festive demand,” Pullan added.

Pullan further added that unlike last year this year where the growth was skewed towards tier-2 markets, the brand this year has seen growth across metro cities and tier 2 and 3 markets.

Samsung has also announced ‘Big TV Festival’ for its 55-inch and above TVs and ‘Home Like Never Before’ offers for its refrigerators, washing machines, microwaves and ACs which allows consumers to get free sound bar worth up to Rs 1,04,900, up to 25 per cent cashback and EMIs starting as low as Rs 990.

Additionally, Samsung is also offering exciting deals on the ongoing Amazon Great Indian Festival and Flipkart Big Billion Days sales across its range of consumer durable products.

Source: IANS

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Military chopper crashes in TN Gen Bipin Rawat on board (2nd Ld)

Military chopper crashes in TN Gen Bipin Rawat on board (2nd Ld)

New Delhi, Dec 8 | Military chopper crashes in TN Gen Bipin Rawat on board (2nd Ld). A military chopper crashed in Tamil Nadu’s Coonoor on Wednesday in which Indian’s Chief of Defence Staff General Bipin Rawat was travelling along with others.

The number of casualties are still unknown and local police has ascertained only three rescued and searches are on for others.

Along with General Rawat, his wife Madhulika Rawat, Brigadier L.S. Lidder, Lieutenant Colonel Harjinder Singh, Naik Gursewak Singh, Naik Jitender Kumar, Naik Vivek Kumar, Naik B. Sai Teja, Havaldar Satpal and pilots were travelling in the chopper.

Confirming about General Rawat presence, Indian Air Force tweeted, “An IAF Mi-17V5 helicopter, with CDS Gen Bipin Rawat on board, met with an accident today near Coonoor, Tamil Nadu.”

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The force said that an inquiry has been ordered to ascertain the cause of the accident.

The rescued suffered serious injuries and have been taken to Wellington cantonment.

Source: IANS

Next Story

Military chopper crashes in TN Gen Bipin Rawat on board (Ld)

Military chopper crashes in TN Gen Bipin Rawat on board (Ld)

New Delhi, Dec 8 | Military chopper crashes in TN Gen Bipin Rawat on board (Ld). A military chopper crashed in Tamil Nadu’s Coonoor on Wednesday in which Indian’s Chief of Defence Staff General Bipin Rawat was travelling along with 14 others.

The number of casualties are still unknown and local police have ascertained only three rescued and searches are on for others.

Emergency rescue teams have been rushed to the spot.

 Military chopper crashes in TN Gen Bipin Rawat on board (2nd Ld)

Confirming about General Rawat’s presence, Indian Air Force said, “An IAF Mi-17V5 helicopter, with CDS Gen Bipin Rawat on board, met with an accident today near Coonoor, Tamil Nadu.”

The force said that an inquiry has been ordered to ascertain the cause of the accident.

The rescued suffered serious injuries and have been taken to Wellington cantonment.

Source: IANS

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