Consumer durables are a category of consumer products that do not have to be purchased frequently because they are made to last for an extended period of time (typically more than three years). They are also called durable goods or durables.
Examples of consumer durable goods include automobiles, books, household goods (home appliances, consumer electronics, furniture, tools, etc.), sports equipment, jewelry, medical equipment, firearms, and toys.
Examples of nondurable goods include fast-moving consumer goods such as cosmetics and cleaning products, food, condiments, fuel, beer, cigarettes and tobacco, medication, office supplies, packaging and containers, paper and paper products, personal products, rubber, plastics, textiles, clothing, and footwear.
Check the list of Top 10 Consumer durable companies in India-
Bajaj Electricals Ltd
Bajaj Electricals Ltd was founded in the year 1938. It is headquartered in Mumbai, Maharashtra. The company offers a wide range of products including Home Appliances, Fans, Lighting & Engineering and products. It has 19 branch offices spread in different parts of the country with a chain of about 1000 distributors, 4000 authorized dealers, over 400,000 retail outlets, and over 282 Customer Care centers. The company is one of the top 10 consumer durable companies in India.
Blue Star Ltd
Blue Star Ltd was founded in the year 1943. The company has its headquarters located in Mumbai, India. The Company’s products include central air conditioning, room air conditioners and specialty cooling products. It is one of the top 10 consumer durable companies in India.
Crompton Greaves Consumer Electricals Ltd
Crompton Greaves Consumer Electricals Ltd was founded in the year 2015. The company is one of the leading consumer durable companies in India. The company manufactures and markets a range of consumer products. The company’s main products and services include lighting products and electrical consumer durables. The company is one of the top 10 consumer durable companies in India.
Godrej & Boyce Manufacturing Company Ltd
Godrej and Boyce, a Godrej Group Company, has a presence across 14 diverse businesses. Its journey began in 1897 with the manufacture of high-quality locks, then extending to other durables (refrigerators, washing machines, air conditioners, home security systems and safes, furniture), products for institutions (office furniture, audio-visual solutions, access control systems, perimeter security solutions, bank security solutions, beverage vending machines, interior solutions, hospital and laboratory furniture) and industrial products. The company is one of the top consumer durable companies in India.
IFB Industries Ltd
IFB Industries Ltd was incorporated in the year 1974 as Indian Fine Blanks Ltd. The company is headquartered in Kolkata, India. The company is one of the top consumer durable companies in India. It is engaged in engineering and manufacturing of diverse parts & accessories for motor vehicles. The company operates through two segments- Engineering and Home Appliances. Its engineering divisions are located in Kolkata and Bangalore. The company has a service network of approx 650 franchises.
Johnson Controls-Hitachi Air Conditioning India Ltd
Johnson Controls-Hitachi Air Conditioning India Ltd was founded in the year 1984 and is headquartered in Kadi, India. The company was formerly known as Hitachi Home & Life Solutions India Ltd and changed its name to Johnson Controls-Hitachi Air Conditioning India Ltd in September 2016.
The company manufactures and markets air conditioners, refrigerators, washing machines, air purifiers, chillers, and variable refrigerant flow systems in India. Its distribution network consists of 5 regional offices, 20 branch offices, 203 exclusive sales and service dealers, and approx 8000 sales points and 1235 service points and 40 company-owned service centers. The company is one of the top consumer durable companies in India. It is a subsidiary of JCHAC India Holdco Ltd
Philips India Ltd
Philips India Ltd is one of the top consumer durable companies in India. It was founded in the year 1891. It is was established by Gerard Philips. It is serving worldwide. It is offering a range of products including Home Appliances, lighting, medical equipment and audio equipment. The company is one of the top 10 consumer durable companies in India.
TTK Prestige Ltd
TTK Prestige is one of the top consumer durable companies in India. The leading consumer durable company is headquartered in Bangalore, India. It was founded by TT Krishnamachari in the year 1928. It was incorporated as a private limited company in the year 1955. Then it became a public limited company in 1988. The company manufactures and markets Kitchen and Home appliances. Its products include pressure cookers, non-stick cookware, pressure cookware, and cleaning solutions, such as vacuum and steam cleaners, floor polishers, air purifiers, electric and non-electric mops, etc.
Voltas Ltd was founded in the year 1954. The Company is engaged in room air conditioners, contract revenue, commercial refrigeration products, and sale of services. The Company’s segments include Electro-mechanical Projects and Services; Engineering Products and Services; Unitary Cooling Products for Comfort and Commercial use, and Others. The Company offers a range of products- including textile machinery; mining and construction equipment; heating, ventilation, air conditioning and refrigeration (HVAC&R), and water coolers and dispensers. The Company has a presence in India, the Middle East, among others. It is one of the Top 10 Consumer Durable companies in India.
Whirlpool of India Ltd
The Whirlpool Corporation is an American multinational manufacturer and marketer of home appliances, headquartered in Benton Charter Township, Michigan, United States. The Company is primarily engaged in manufacturing and trading of Refrigerators, Washing Machines, Air Conditioners, Microwave Ovens and small appliances and caters to both domestic and international markets. Its plants are located at Faridabad, Haryana, Rajangaon, Pune, and Thirubhuvanai Village.