From around India
The peripherals market that includes TFT monitors, flash drives, projectors et al will see an uptick in 2009. According to MAIT, market for keyboards and monitors grew by 14% each over H1 2007-08. With respect to keyboards, the number of units sold between April 07 to September 07was 2,605,425; October 07 to March 08 – 2,973,575; and April 08 to September 08 – 2,962,889.
Qualcomm Ventures keeps faith in mobile
At a time when venture capitalists (VCs) are diversifying into sectors other than technology, Qualcomm Ventures – the venture capital arm of telecommunications major Qualcomm – will continue to invest in firms catering to the mobile and semiconductors ecosystem.
No slowdown in AC & fridge sales
All major players in the durables segment are emphatic that they have managed to buck the trend and are still registering growth, though not as much as expected.
Samsung launches India’s first 8MP Pixon M8800 touch phone
Samsung launches India’s first 8MP Pixon M8800 touch phone. Strengthening its touchscreen portfolio, Samsung has launched India’s first 8 megapixel touchscreen phone, Pixon M8800.
Mercedes launches SUV M-Class in India
The M-Class would be available in two engines – ML 350 CDI and ML 320 CDI with ex-showroom Mumbai price of Rs 53.77- lakh and Rs 54-lakh, respectively.
Robust numbers in key sectors over the last two-three months do not indicate a revival in demand.
What is intriguing is that despite demand contraction in IIP numbers for two consecutive months of December (0.6 per cent) and January (0.5 per cent), sentiment in sectors such as auto (up 13 per cent y-o-y), steel (higher production estimates in current quarter) and cement (higher dispatches between November to February period) has shown some buoyancy.
Ford India posts 35% sales growth in February
The new Ford Ikon continues to impress the entry level mid size segment customers, with leaderships across India seeing consistent bookings….
2-wheeler, auto-rickshaws may feel Nano impact
Some companies think the Nano will replace the three- wheeler auto-rickshaw market, creating an alternative mode of commercial transport. Others believe the small car will wean away potential Maruti 800 buyers, convert automatic and gearless scooter owners and prove an attractive alternative to both second-hand car and premium motorcycle customers.