Electronics

LG Electronics India has successfully mobilized Rs. 3,475 crore from a strong consortium of 149 anchor investors ahead of its highly anticipated initial public offering (IPO). The shares were allotted at Rs. 1,140 apiece, the upper limit of the price band, underscoring robust investor confidence. The Rs. 11,607-crore IPO—structured entirely as an Offer for Sale (OFS)—will open for public subscription between October 7 and 9.

Amazon India has unveiled attractive deals on televisions as part of its Great Indian Festival, signaling a strategic push to boost consumer electronics sales ahead of the festive season. The promotion features discounts across leading brands, including Samsung, LG, Sony, and OnePlus, covering a range of smart TVs, OLEDs, and 4K models. Exclusive bank offers, exchange schemes, and no-cost EMI options further enhance affordability, catering to price-sensitive buyers.

LG Electronics India has set the price band for its initial public offering (IPO), reflecting investor optimism and robust valuation expectations. The IPO aims to raise capital to fund expansion, technology upgrades, and operational enhancements, while positioning the company for a larger footprint in India’s competitive consumer electronics market. Analysts note that LG’s strong brand recognition, diversified product portfolio, and focus on innovation provide a solid foundation for investor interest.

Amazon has reported a significant uptick in smart TV sales during the 2025 festive season, driven largely by the implementation of GST reforms that lowered tax rates on large electronics. The reduction in Goods and Services Tax made premium smart TVs more affordable, prompting increased consumer demand. Platforms like Amazon have capitalized on this trend through targeted campaigns and early festive offers, resulting in double-digit sales growth.

Pace Digitek, a leading player in the digital solutions and electronics sector, has announced the opening of its initial public offering (IPO) on September 26, aiming to raise Rs. 819 crore. The issue is set to play a pivotal role in funding the company’s expansion plans, strengthening its balance sheet, and supporting operational growth. With a diverse product portfolio and strong market positioning, the IPO has generated significant interest among institutional and retail investors.

Thomas Cook India announced the resignation of Madhavan Menon from his role as Chairman, marking the end of a significant leadership chapter for the company. Under Menon’s stewardship, the travel services provider navigated through a rapidly evolving tourism landscape, including the unprecedented challenges posed by the pandemic. His resignation is seen as a turning point for the organization, which is now expected to recalibrate its strategy to adapt to shifting consumer preferences, digital transformation, and global travel dynamics.

Sony India is projecting a significant uptick in festive season sales, driven largely by the Goods and Services Tax (GST) reduction on premium consumer electronics such as televisions, audio systems, and air conditioners. The revised tax structure, coupled with an increase in disposable incomes and rising consumer demand during Diwali and year-end festivities, is expected to provide a timely stimulus for the consumer durables sector.

The recent decision to reduce the Goods and Services Tax (GST) slab on air conditioners has sparked a wave of consumer interest across India, driving a sharp increase in pre-bookings. Industry experts suggest the revised tax rate will make premium cooling appliances more affordable to middle-class households, expanding market penetration beyond urban centers. Retailers are witnessing heightened demand ahead of the festive season, as consumers rush to lock in orders before inventories tighten.

Flipkart is preparing for its Big Billion Days 2025, one of India’s most anticipated e-commerce sales, promising record-breaking discounts across smartphones, electronics, fashion, and home appliances. Scheduled to coincide with the festive shopping season, the event will feature exclusive launches, bank offers, and attractive financing options to capture the growing demand in India’s booming online retail market.

India’s ink tank printer segment, a rapidly expanding niche within the broader printing solutions industry, has drawn strong interest from global players seeking growth in one of the world’s fastest digitizing economies. Brother International (India) has now outlined its ambition to capture 25% of this market, underscoring the company’s confidence in the country’s rising demand for cost-efficient, high-volume printing solutions.