India celebrates a swadeshi Diwali

GLOBALLY, SAMSUNG OPERATES its second-largest mobile manufacturing unit in India and is the country’s second-largest handset exporter after Apple.

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If phones are the attention-grabbers, white goods are the volume story. “This year, we're observing a growing consumer preference for products that offer quality, innovation, and value with a rising sense of pride in those that are Made in India,’ said Shibashish Roy, CEO & MD of Croma.

LG Electronics, a market leader across consumer durables, has two factories in Noida and Pune, producing everything from TVs and refrigerators to washing machines and air conditioners. A third plant is coming up in Andhra Pradesh by 2026, cementing India’s role as a global supply base for the South Korean major. The company will double manufacturing capacity in five years as it seeks to make India a global manufacturing hub, Sanjay Chitkara, chief sales officer, said at the sidelines of its IPO event.