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Godrej Appliances aims 200 exclusive outlets by 2018

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9 years ago

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Kolkata: Consumer appliances company Godrej Appliances on Tuesday said it will be opening 50 exclusive brand outlets (EBO) in the country this year and another 150 such stores in the next three years.

“We have build our premium range of products which will be showcased in these showrooms. These EBOs will be based on the franchisee model and will be opened at tier 2 and 3 cities primarily,” the company’s business head and executive vice president Kamal Nandi told media persons here.

These EBOs, according to Nandi, will help boost sales of premium products in upcountry as well as metro locations.

The company has classified goods valued above Rs.15,000 as premium products.

Apart from these stores, the firm will also increase its presence in multi-brand outlets from the existing 25,000 pan-India to 28,000 in the ongoing fiscal year.

With these moves in place, the firm has targeted to increase its revenue by just over 18 percent at Rs.3,250 crore in the ongoing financial year in comparison to the 2013-14 period – when its revenue stood at Rs.2,750 crore.

“During April-June, this year, the earnings stood at Rs. 1,100 crore,” the official said.

Asked over the company’s allotted capital expenditure (capex) during 2015-16, Nandi said, “We have allotted five percent of our topline on capex. Off this allotment, the majority will be spent on product development.”

A majority of the company’s last year’s capex was spent on ramping up its infrastructure.

It also has plans to step up the capacity in its Mohali plant in Punjab to produce an additional eight lakh compressors and an additional six lakh units of washing machine every year.

“With these, we’ll be producing three million compressors and one million washing machines from the Mohali plant,” Nandi added.

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Apple is giving a huge discount on its gadgets: Details inside

Published

3 years ago

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May 5, 2022

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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