Just Released: "Consumer Appliances in India"
The slowdown in consumer appliances, which started in 2011, continued in 2013. This affected the market at several levels. Consumers continued to postpone purchases, compounding problems for manufacturers. High commercial rents made it tough for retailers in cities where demand was already hard to come by. Moreover, rising raw material prices left no option for manufacturers but to increase prices further, thus slowing demand.
View full press release