Consumer Durables

Market Size of the Consumer durable Industry is US$5 billion

The consumer durables industry can be broadly classified into two segments: Consumer Electronics and Consumer Appliances. Consumer Appliances can be further categorised into Brown Goods and White Goods. The consumer durables market in India is estimated to be around US$ 5 billion in the next year. More than 7 million units of consumer durable appliances have been sold in the last  year. The consumer durable under white good category are  Refrigerators , Washing Machines, Air-conditioners, Speakers and Audio Equipments.Under brown goods Mixers , Grinders, Microwave Ovens, Iron, Electric Fans, Cooking Range, Chimney and under Consumer electronic category following items are covered  Televisions, MP3 Players, DVD Players and VCD Players.

In addition ,India's infrastructure boom has opened a door of opportunity for consumer durable companies, whose institutional business (business to business) is zooming annually at 40% as compared to the 10% growth rate of retail business (business to consumer).

Investment in consumer durable Industry :
Investments poured into the Indian consumer electronics and durables segment. Samsung India lined up a $500-million investment for a new LCD manufacturing unit in Sriperumbudur near Chennai. Air-conditioning and refrigeration major Carrier Corporation planned to invest Rs 200 crore in India during the next three years to build a new global research and development centre, develop industry-leading products and technology for local markets and significantly enhance the company’s manufacturing operations here. Air-conditioning major Fedders Lloyd Corporation Ltd and Victor Company of Japan (JVC) planned to jointly invest US$30 million to create space for JVC products in the Indian consumer electronics market as well.
Leading Players in consumer durable Industries:
Some of the top consumer durable companies present in India are AIWA, Akai India, BenQ Corporation, Blue Star Ltd,Bose Corporation, BPL, Canon India, Carrier Aircon Ltd,Daewoo India, Electrolux-Kelvinator, Godrej, Haier India, Hitachi Ltd, Khaitan India Ltd, LG Electronics India Ltd, MIRC Electronics Ltd, Mitsubishi Electronic Corporation, Nokia India, Onida, Pace Micro Technology, Panasonic, Philips India, Samsung India,. Samtel, Sansui India, Siemens,Sony India, Thomson Ltd, Titan Industries, Toshiba Corporation,Videocon Industries,Whirlpool Appliances