According to IFMR, this is the first pure play consumer durable
securitisation transaction to be placed in India in over a decade.
In table 1, under national income and product account (NIPA) measures, the categories under services of consumer durables
and nonmarket services are zero because they are not included in NIPA GDP.
The excise duty on cars, sport utility vehicles (SUVs), two-wheelers, consumer durables
and capital goods was cut in the Interim Budget in February to help tide over the demand slump.
The bank has also launched a special festival loan for its salary account holders for purchase of consumer durables
According to Gfk, the top five consumer durable
products for Christmas 2006 will be: mobile phones, with expected monthly sales of over 3m units in December 2006, and an estimated spending of GBP167m; satellite navigation units, with estimated spending of over GBP80m, compared to GBP50m in 2005, and over 200,000 units sold; laptops, with estimated spending of GBP200m, compared to GBP177m in December 2005, and 300,000 units sold; MP3 players, with estimated sales of approximately 1m; as well as shavers.
The State Bank has allowed banks for financing consumer durables
, a move to boost the industrial and trading activity in the country.
In addition to the possibility of a break in confidence, we do not know how far the adjustment of the stocks of consumer durables
and business capital equipment has come.
Neeraj has an extensive experience of over 20 years in setting and scaling up business of top consumer durables
brands in India.
In the first- ever India Today Group- Marketing and Development Research Associates survey of the best consumer durable
brands in India, over 3,000 respondents voted for Apple as the best brand in two segments-- mobile phone and laptop.
And, with the Reserve Bank of India cutting key rates, marketers feel this will lower interest rates and therefore augurs well for the consumer durable
Dubai Islamic Bank Pakistan Limited (DIBPL) has declared the launch of the first of its kind Consumer Durable
5 per cent on interest rates for auto and consumer durable
loans to rev up demand during the festive season.