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

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

Dec 22, 2014: DOE's Building Technologies Office releases Roadmap for Emerging HVAC Technologies

Dec 19, 2014: Whirlpool Corp. provides guidance for 2015

Dec 19, 2014: Panasonic to showcase built-in appliances at LivingKitchen 2015

Dec 19, 2014: New residential construction in November 2014

Dec 19, 2014: 2014 U.S. steel production up 0.7% from 2013

More Daily News>>

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

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

November 2014: Appliance Magazine Market Insight Annual Subscriptions
November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC




 
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 | Plastics Today | Powder Bulk Solids | Canon Trade Shows