ECONOMY

White Goods & Durables Sector Update- High Failure Rate In Large Appliance Segment: ICICI Securities

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

The large appliances market in India is dominated by multi-national companies.

Due to consistent technological changes and higher investments in research and development (usually by parent), we believe they will continue to dominate the said segment of the market.

There is high failure rate too in large appliances with players like BPL Ltd., Videocon Industries Ltd., Onida, Toshiba, AIWA, AKAI, Sony, Sharp, Allwyn, Sanyo succeeding initially, but failing to maintain / increase their market shares.

We believe the domestic companies, which are focused more on smaller appliances, are likely to generate higher EVA.

Click on the attachment to read the full report:

ICICI Securities White Goods & Durables Sector Update.pdf

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Most Related Links :
reporterwings Governmental News Finance News

Source link

Back to top button