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Michelin to double Chennai capacity The unexpected exit Tata Motors bets on new launches Hindalco – re-rating Nissan exit shouldn’t affect ALL Wabco launches safety system Land wars L&T bags the Mumbai Trans-harbour link order Chinese smart phones flourish in small towns too! When small is not so beautiful… Daimler’s truck exports from Chennai cross 5000 units Tata Motors joins compact SUV bandwagon with Nexon Welcome focus to improve rural India... A welcome initiative-even critics are recognised Mercedes-Benz sales continue to zoom The gainers and the losers Sivasankaran enters taxi space to take on Uber and Ola Bajaj Finserv – Q1: fare well TN government keen on revival of operations at Nokia complex AL wins Deming prize again TVS Srichakra plans capacity expansion Record two-wheeler sales TVS Automobile invests Rs.75 crore in start-up firms Tata Motors aims to be among the Top 3 global CV & PV firm Daimler grows sales and share in India HPCL plans Rs.61,000 crore capex over 5-years Eyes strong growth in 2016-17 AL secures orders for 3600 buses RoC in the dock... It takes two to tango 29 per cent jump in TCS revenues ITC chairman calls for policy impetus to transform agriculture V-Guard launches app-enabled water heater system AL introduces Guru & Partner Tata Motors charts investments in PV and CV businesses Ponni Sugars (Erode) Ltd: not so sweet 2012-13 New India Assurance posts impressive show Forging industry worried over lower supply of steel and its price Shriram Life clocks more than Rs.1000 crore premium in 2015-16 Smooth sailing of SAIL Gamesa to set up a plant in Nellore Sundram Fasteners rejigs international L & T set bigger ambitions in defence business Ode to Ratan Tata A niche in FMCG business... Housing demand revival Yamaha unveils scooter boutique Emami – a new growth mantra PSU non-life firms seek to protect share Kone India eyes further growth in elevator market Toyota and Suzuki to introduce EVs in India by 2020 PPP model for infrastructure development Maruti – for young buyers Rane targets Rs.5500 crore topline by 2018-19 Smartphone onslaught by Chinese brands Vellayan is back, after 150 days Titan Company – sales recovery to kick in LVB posts 31 per cent growth in Q1 net profit M & M unveils driverless technology for tractors E.I.D Parry (India) Ltd: another sweet year Increasing market share Tata gets 4-star rating for Zest From the toughest to the best year Hyundai India achieves 7 mn production at Chennai factory Are they really independent? Dish TV – subscriber additions encouraging Back in growth mode L & T’s floating dock for navy L&T profit up by 11 per cent Last stages Right to privacy – now it’s fundamental! CAPITAL NOTES ITC – steep excise hike Consolidating leadership position in smartphones Preparing for the next growth curve IOB on turnaround path Is this a generation gap? Tata Steel, ThyssenKrupp sign MoU to merge European units Carnival Films acquiring 3000 screens pan India Singur minus Nano – victory or folly? Hyundai to focus on SUVs and AMT variants He excels in the nuts and bolts of entrepreneurship Aurobindo Pharmacy: good turnaround TI Cycles plans retail expansion to drive sales for premium bicycles Solar installations exceed 2015 capacity in five months
 
Chinese smart phones flourish in small towns too!

Chinese vendors have captured more than 20 per cent of the smartphone market in 25 Tier 2 and Tier 3 cities of India,” said Navkendar Singh, Senior Research Manager, IDC India.

“In Tier 2 and Tier 3 cities, China-based vendors are eating into the 4G device share of global brands,” says Varun Singh, Market Analyst, Channels, IDC India.

Price parity between offline and online channels has been a constant concern for the traditional distribution channel.

“While exclusive online models will continue to generate demand, new government regulations forbidding predatory pricing and dominance by a few sellers on the e-commerce marketplace will help bring back the pricing hygiene across channels and a level playing ground for all brands” according to Upasana Joshi, Senior Market Analyst, Channels, IDC India.

Samsung continues to dominate the market space amongst top 30 cities, with 29.7 per cent share in Q1 2016.  Apple continues to dominate the above-$300 price segment significantly, with a share of 52.3 per cent in Q1 2016.

 


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