Mumbai, March 16: There is a robust upswing in the consumer durables market for high-end lifestyle products such as DVD players, camcorders, digital cameras and mobile camera phones.
The surge has occurred as prices have been lowered. When price rationalisation slows down value growth for the market, volumes move up to compensate. The coming year will also enable manufacturers to study the complete effect of free trade agreements (FTA) with select Southeast Asian countries.