Columns

Thomson eyes 10% market share in internet washing equipment space, ET Retail

.Agent ImageNew Delhi: Thomson, a French buyer home appliances label, is striving to record 10 per cent market cooperate the online cleaning maker area in India, targeting a growth of much more than 40 per cent by the end of this festive season. "The long-lasting target is to accomplish a general market share of 7-8 percent by 2028," mentioned Avneet Singh Marwah, CHIEF EXECUTIVE OFFICER SPPL, the unique label licensee of Thomson.The business mentioned it currently holds 8 per cent market cooperate this segment and has seen a 100 per-cent year-on-year purchases increase since its own launch in 2023. Going on, it aims to provide items at inexpensive rates, beginning as low as Rs 5,999. Marwah said, "As our company gear up for this dynamic season, our experts are actually very pleased of our relationship along with Flipkart." He further said, "Our target is actually to offer greater than 2 lakh devices of TVs and cleaning equipments this joyful season. Our team believe our exclusive bargains will mesmerize our viewers, enhancing their joyful sense and also steering outstanding engagement." Just recently, the 130-year-old brand Thomson has actually ventured into the audio type with 2 soundbars - AlphaBeat25 and also AlphaBeat60. It better intends to launch over 20 versions in the next six months.The brand re-entered the Indian market in 2018 along with its line-up of Smart Televisions and presently possesses a range of customer sturdy products including smart TVs, washing devices, air-coolers, and also air conditioning system.
Released On Sep 24, 2024 at 09:48 PM IST.




Sign up with the area of 2M+ sector experts.Register for our newsletter to receive most current insights &amp review.


Download And Install ETRetail App.Acquire Realtime updates.Save your preferred write-ups.


Scan to download and install App.