Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Faber Reduces Kitchen Chimney Prices
Feb 21, 2005
 Printable format
 Email this Article
 Search

Faber Heatkraft Industries Ltd. has slashed the price of two models of kitchen chimneys in India in order to preempt competition from cheap imports, the company said. The move also aims to replace the exhaust fan with the electric chimney in Indian kitchens.

Currently, Faber's entry-level kitchen chimney is available for Rs 4,990 (approx. U.S. $114). This product will now be sold for Rs 2,990 (approx. $68). Faber announced that it is also reducing the price of its entry-level decorative kitchen chimney, which currently costs Rs 15,000 (approx. $343). This product will now be sold for Rs 9,000 (approx. $205) instead.

"We foresee major action in the electric kitchen chimney market in the coming months with the entry of other big brands like Electrolux and Whirlpool," Pralhad Bhutada, managing director of Faber-India said. "The advertising campaigns of these new brands will surely create more awareness and expand the market. Since Faber is the leader in India, we would like to take the lead in broadening the market. Our new pricing strategy aims to achieve this objective." (Times of India)

Back to Daily News

 

Daily News

...........................................................

Apr 23, 2014: Bosch Home Appliances Garners EPA Energy Star Partner of the Year - Sustained Excellence Award

Apr 23, 2014: AO Smith Develops Ultra-Low NOx, Compact Commercial Water Heater for California

Apr 23, 2014: Dacor Launches First North American Cooktop with Touch Control

Apr 23, 2014: Existing-Home Sales Show Slight March Decrease

Apr 23, 2014: CEA: Consumer Sentiment Down in April

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows