The consumer appliances and electronics sector, barring washing machines, has witnessed almost flat growth in the first half of this fiscal largely due to rupee depreciation that has spiked input costs, according to industry body CEAMA.
In some segments like TV and AC, there was de-growth in volumes, while refrigerator sales were almost flat, Consumer Electronics and Appliances Manufacturers Association's (CEAMA) outgoing President Manish Sharma said.
The only respite for the industry was the festive season sales in October, when it reported good single-digit growth.
"YTD (year-to-date) till September 2018, there was either de-growth in certain categories or flat, except for washing machines," Sharma told
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