Best printers for Home

Best Mixer Grinder

Best wired Earphones

Best 43 Inch TV in India

Best Wi Fi Routers

Best Home Theatre in India

Smart Watch under 5000

Best Laptops for Education

Best Laptop for Students

<keyword id="400990" type="COMPANY" weightage="100" keywordseo="Micromax-Informatics">Micromax Informatics</keyword>, the mobile phone maker company from Gurugram has decided to invest up to Rs 600 crore over the next three years in a bid to turn into a <a href="http://www.businessinsider.in/Micromax-is-going-to-disrupt-consumer-electronics-space-wants-to-MNC-challenger/articleshow/52684641.cms">consumer electronics</a> company. 
 The company, which was founded in 2000, expects that its consumer <keyword id="4245827" type="UNKNOWN" weightage="100" keywordseo="durable-products">durable products</keyword> would make up about a fourth of its total revenue over the coming three years, with products ranging from washing machines to new range of air conditioners and televisions. 
 It was in 2013 that <keyword id="71696" type="COMPANY" weightage="100" keywordseo="Micromax">Micromax</keyword> had ventured into consumer durables, prior to which it only dealt in mobiles. 
 
With a huge budget kept aside, the company aims to join the leaders of air conditioner market, regardless of the stiff competition. 
 
Also read: <a href="http://www.businessinsider.in/Build-a-Smart-Home-with-Oakter-an-IOT-startup/articleshow/54458806.cms">You Can Now Switch On/Off Your AC And Open Your Home-lock With One Mobile App!</a> 
 "Our strategy of connected devices under the broader view of being a consumer electronics company will take a step up with new air conditioner models and then with washing machines," <keyword id="1071660" type="PERSON" weightage="20" keywordseo="Rohan-Agarwal">Rohan Agarwal</keyword>, VP (<keyword id="4245821" type="UNKNOWN" weightage="100" keywordseo="consumer-electronics-business">Consumer Electronics Business</keyword>) told ET. "We will invest abut '200 crore every year to build the channel and service," he added. 
 
One aspect in which the company aims to differ from its rivals is the after sales service, for which it has introduced the Micromax Home Assist application. It allows its AC and TV consumers get after sales service from over 400 centres spread across the country. 
 
In the coming three years, the company has plans of getting 60 to 65% of its business from <a href="http://www.businessinsider.in/Micromax-unveils-new-logo-with-15-new-smartphones/articleshow/51811617.cms">mobile phones</a>, 25% from consumer durables and the remaining from <a href="http://www.businessinsider.in/Micromax-is-now-eyeing-Africa-Middle-East-CIS-as-part-of-global-expansion/articleshow/50853137.cms">international markets</a> such as Russia, where it has plans to launch its LED televisions. 
 
The Russian market has already accepted the brand and Micromax is among its top three smartphone players. 
 
Also read: <a href="http://www.businessinsider.in/Micromax-to-enter-the-Chinese-mobile-market/articleshow/52571504.cms">Micromax aspires to enter the Chinese mobile market by next year</a> 
 
As of now, there are 4,000 Micromax sales points, and there are plans to increase the number to 10- to 12,000 in two years. Other than that, the products will also be available on leading e-commerce websites. 
 
(Image source: GadgetsToUse)

Micromax sets aside big budget for consumer durables segment

<div class="KonaFilter image-container float_right"><div class="image on-image">Chip Somodevilla/Getty Images</div></div>It's <keyword id="24973" type="POSITION" weightage="60" keywordseo="managing-director">Managing Director</keyword> Day at <keyword id="6361649" type="CITY" weightage="60" keywordseo="Goldman-Sachs">Goldman Sachs</keyword>! 
The bank has tapped 280 people to be MDs, which is higher than last year's 266, Bloomberg pointed out. 
<a href="http://www.goldmansachs.com/media-relations/press-releases/current/managing-directors-announced-november-2013.html">Here's the release:</a> 
NEW YORK, November 13, 2013 -- The Goldman Sachs Group, Inc. (NYSE: GS) today announced that it has selected a new class of Managing Directors as of January 1, 2014, the start of our next fiscal year. 
"We wish our new Managing Directors continued success and thank them for their dedication and hard work representing the firm and our clients," said Lloyd C. Blankfein, Chairman and CEO of Goldman Sachs. 
The following individuals have been promoted to Managing Director:
Katherine Abrat Afsheen Afshar Puneet Agarwal Sergio Akselrad Philip Aldis Jean Altier Bohm Margaret Anadu Vishweshwar Anantharam Alexi Antolovich Silvia Ardagna Matthew Armas Anthony Arnold Yacov Arnopolin Celine Assouline Roberto Awad Amin Azmoudeh Davie Baccei Eric Bai Taran Bakker Paddy Balasubramanian Kevin Barker Lindsay Basloe Peter Beckman Collin Bell Navtej Bhullar Francois-Xavier Bouillet Douglas Bouquard David Bowen Elizabeth Bowyer Sarah Brungs Michael Bruun Beat Cabiallavetta Niharika Cabiallavetta John Cahill Greg Calnon Robert Camacho David Campbell Thomas Campbell Michael Casey John Cassidy Pascal Cerf Tiffani Chambers Sharmini Chetwode Patricia Chew Travis Chmelka Lisa Coar Charles Cognata Dahlia Cohen Rod Colburn Peter Colven Stuart Connolly Stephen Considine Damien Courvalin Nora Creedon Alicia Crighton Adam Crook (Securities) Piers Curle Michael D'Addario Aneesh Daga Matt Dailey Viktor Danielson Eric Dann Suzanne de Verdelon Banu Demirkiran Michael Deninno Stratford Dennis Anthony DeRose Arun Dhar Scott Diamond Rachel Diller Lin Ding Rohan Doctor Anthony Duggan Sinead Dunphy Michael Durso Michael Eakins Mike Ebeling Kene Ejikeme Simon Ennis Ashley Everett Amir Fais Joseph Femenia Ivan Fillon Andrew Fisher Andrew Flahive Brian Fortson Bridget Fraser Olivier Frendo Gedaliah Friedenberg Nicolas Friedman James Fulton Roger Gardiner Grace Ge Matija Gergolet Phil Giuca Brian Glass Ward Glassmeyer Craig Glassner Nicholas Godfrey Lawrence Grassi Jett Greenberg David Gribble Benjamin Grizzle Anil Grover (LCA Tech) Fredrik Grunberger Dominic Gurney David Ha Kirsten Hagen Digboloy Halder Phillip Han Sarah Harper Nick Hartley Hunter Henry Debra Herschmann Michael Hickey Michael Higgins Axel Hoefer Judy Hong Tim Hooley Erdit Hoxha James Huckaby Michael Husson Maximos Iakovlev Inci Isikli Omer Ismail Glade Jacobsen Sumedh Jaiswal Michael Jalkut Channa Jayaweera Derek Jean-Baptiste Chito Jeyarajah Jessica Jones Sami Kamhawi Geraldine Keefe Zaid Khaldi Talat Khan Gautam Khanna Robert Kimmel Hiroki Kimoto Gil Klemann Victor Klimchenko Gordon Kluzak Heidi Kniesel Kimiyasu Kono Joseph Konzelmann Eric Kramer Pavel Krotkov Rohit Kumar Yojiro Kunitomo David LaBianca Jonathan Lamm Adam Lane Risa Lederhandler Andrei Legostaev Matt Leisen Vincenzo Lento Wesley LePatner Xufa Liao Brian Liloia Reginaldo Lima Marcel Liplijn Malcolm MacDonald John Marshall Jonathan Matz Patty McCarthy Michael McGinn Alan McLean Olympia McNerney Scott Mehling Noa Meyer Alexandra Miani Jung Min Jerry Minier Anthony Mirabile Anindya Mohinta Mike Mooney Sam Morgan Will Morgan Peter Morreale Rick Morris (Securities) Piyush Mubayi Kaushik Murali Mark Najarian Josh Newsome Logan Nicholson Mike Nickols Sergei Nodelman Jolie Norris Edward Oakley Timothy O'Donovan Brian O'Keeffe Mark Olivier Stephen Orr Bartosz Ostenda Enrico Ottavian Hiroshi Ozawa Matthew Papas Muir Paterson Cyrille Perard Chris Perez Amit Pilowsky Nick Pomponi Brandon Press Ken Prince Elizabeth Pritchard Grant Purtell Don Raab Radovan Radman Mohan Rajagopal Neema Raphael Michael Rendel Osmin Rivera Ludovic Rodhain Javier Rodriguez-Alarcon Cosmo Roe Andrew Rosivach Jennifer Roth Armin Rothauser Jonathan Rousse John Ryan Yassaman Salas Tom Scarpati Joao Schmidt Rachel Schnoll Marc Schreiber Bruce Schwartz Lyle Schwartz Anshul Sehgal John Semczuk Hideyuki Seo Jonathan Shapiro Johann Shudlick Andrew Silverman Brian Singer Jeremie Sokolowsky Simone Song William Stamatakis Jari Stehn Jeremy Stent Alan Stewart Daniel Strack Alexandra Stubbings Masato Sunaga Takaaki Suzuki Chia Min Tan Robert Tau Sujay Telang Baris Temelkuran Rene Theriault Bart Thomson Cassandra Tok Alex Tomas Karen Trapani Kamakshya Trivedi Emma Tsui Ervin Tu John Tully Thomas Turner Michael Ungari Krishnamurthy Vaidyanathan Anilu Vazquez-Ubarri Sofie Wacha Scott Walter Bryce Wan James Wang Kent Wasson Michael Watts Stephen Waxman Connie Wen Colin White Kyle Williams Stephen Withnell Audrey Woon Chiharu Yamagami Suzzanne Yao Rana Yared Bervan Yeh Tony Yip Emi Yoshibe Vladimir Zakharov
If you know any of these folks, feel free to send an email to jlaroche@businessinsider.com.

Goldman Just Tapped These 280 People To Be Managing Directors 

Some of the UK's most powerful tech entrepreneurs have warned David Cameron against clamping down on immigration

You Searched For "Rohan Agarwal" and got 3 results

Micromax sets aside big budget for consumer durables segment

BI India Bureau

Goldman Just Tapped These 280 People To Be Managing Directors

Julia La Roche

Some of the UK's most powerful tech entrepreneurs have warned David Cameron against clamping down on immigration

Sam Shead

Popular Keywords

Buying Guides