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Consumer Durables

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With the continuous inflow of disposable income and the advancement of technology, the need for the varied consumer durable goods are increasing. This in turn is leading to a strong competition among the different consumer durable brands available in the nation. The rural and urban market of consumer durables has been growing at a rate of around 15 % on an average.

A knack for numbers and an eye for detail are great. Perspective and the ability to drive business results are even better. Meet top leaders who combine expertise with effectiveness.

Our excellence lies in finding talent who will embrace the challenges that come with this opportunity. Our combination

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With capabilities in major financial centers around the world, we provide a full range of complementary executive development services to address the specific needs of financial services placements and hiring organizations, and to ensure sustainable results

We pride ourselves on our agility and responsiveness, able to pivot quickly to meet surging, falling or changing demands that ensures you’re always delivering what your customers need in the most efficient way possible. Allow us to focus on scaling your workforce while you focus on developing and growing your business.

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Talk to our consultants to discover how our knowledge and expertise can deliver fast results. Contact Neugene today to learn how we can help you build the future of your business.

The consumer durable industry consists of durable goods and appliances for domestic use such as televisions, refrigerators, air conditioners and washing machines. The consumer durables market is estimated to  reach US$ 20.6 billion by 2020. Urban markets account for the major share 4 (65 per cent) of total revenues in the consumer durables sector in India. There is a lot of scope for growth from rural markets with consumption expected to grow in these areas as penetration of brands increases.

Growing awareness, easier access, and changing lifestyles have been the key growth drivers for the consumer market. India is likely to emerge as the world’s largest middle class consumer market with an aggregated consumer spend of nearly US$ 13 trillion by 2030, as per a report by Deloitte titled 'India matters: Winning in growth markets'.

From the consumer durable market analysis it can be concluded that this sector has huge potentialities to grow in near future in India. Further, the present government’s initiative “Make in India’ could act as a greatest opportunity to this sector.

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