NEW DELHI, Dec 28: The Indian appliances and consumer electronics sector is set to emerge as the fourth-largest market globally by FY27 as revenues are projected to scale Rs 3 lakh crore by FY29 driven by rising household incomes, aspirational rural regions, and easier access to consumer finance. Looking ahead, 2026 promises steady, quality-led growth as the industry adapts to stricter BEE energy efficiency norms effective January 1. Companies are investing aggressively in localisation, manufacturing capacity, and AI-enabled innovation to […]
Premiumisation, smart products to drive appliances and consumer electronics sector in 2026
