Latest news with #SPPL
Time of India
18 hours ago
- Business
- Time of India
Centre's losses from grey market TV sellers may swell to $2 billion: SPPL CEO
NEW DELHI: The Central government's losses from unregulated grey market television (TV) sellers may reach $2 billion (~₹17,200 crore) in the near future, according to Super Plastronics ( SPPL ). The Noida-based firm is the brand licensee of Thomson , Kodak , and Blaupunkt in India. 'Organised brands such as SPPL, brands, and OEMs have a huge challenge to deal with. The government may have to bear up to $2 billion of tax loss in the near future. The government is undertaking measures, but unorganised trade is causing significant problems,' Avneet Singh Marwah, CEO, SPPL, told ETTelecom . These grey market sellers, he said, primarily operate in the entry-level TV segment, where the top five market players have started coming under pressure. 'The government is also losing out on customs duties. The practices of unorganised traders are perfect for initiating regulatory actions by agencies such as the Directorate of Revenue Intelligence (DRI) and the Enforcement Directorate (ED),' he added. Industry executives said such traders regularly import electronic components from countries such as China, assemble them in factories in locations such as Delhi's Lajpat Nagar, and sell unbranded televisions in rural markets, where consumer awareness about brand authenticity and related aspects remain low. Marwah said SPPL has a 6% share in the TV market, which has a volume of around 14 million units, and expects this to grow to 7% in 2026, supported by premium, large-screen models backed by display and audio innovations. Recently, Thomson launched new mini-LED TVs with a 108W speaker system comprising two integrated subwoofers, QD 4K displays, powered by Google TV, in the price range of ₹61,999 to ₹95,999. The top executive said the TV market remained stagnant in the first half of 2025, but the upcoming festival season, combined with the replacement cycle, may drive recovery in the July-December 2025 period. 'One of the key reasons (for market stagnation) is due to the purchases that happened during the COVID pandemic. I think there was a saturation in the market, and there was no disruption in technology. Now, the time has come. The replacement in the market will start from H2 2025,' he said. Counterpoint Research has projected that the Indian TV market may grow by a modest 4% in 2025, with a recovery anticipated in the second half following a sluggish start to the year. 'Due to the ongoing economic uncertainty and inventory issues across top brands, the market is likely to remain slow with a premiumisation trend as buyers begin to value performance and quality alongside affordability. The demand for premium and large-screen TVs will continue to rise, while shipments of smaller 32-inch TVs are expected to decline further,' Anshika Jain, senior research analyst, Counterpoint, told ETTelecom . The research agency said that artificial intelligence (AI)-enabled smart TVs remain in the early stages of adoption, with major players gradually offering advanced features such as adaptive picture and sound, as well as multilingual voice assistants.
Time of India
2 days ago
- Business
- Time of India
Centre's losses from grey market TV sellers may swell to $2 billion: SPPL CEO
NEW DELHI: The Central government's losses from unregulated grey market television (TV) sellers may reach $2 billion (~₹17,200 crore) in the near future, according to Super Plastronics ( SPPL ). The Noida-based firm is the brand licensee of Thomson , Kodak , and Blaupunkt in India. 'Organised brands such as SPPL, brands, and OEMs have a huge challenge to deal with. The government may have to bear up to $2 billion of tax loss in the near future. The government is undertaking measures, but unorganised trade is causing significant problems,' Avneet Singh Marwah, CEO, SPPL, told ETTelecom . These grey market sellers, he said, primarily operate in the entry-level TV segment, where the top five market players have started coming under pressure. 'The government is also losing out on customs duties. The practices of unorganised traders are perfect for initiating regulatory actions by agencies such as the Directorate of Revenue Intelligence (DRI) and the Enforcement Directorate (ED),' he added. Industry executives said such traders regularly import electronic components from countries such as China, assemble them in factories in locations such as Delhi's Lajpat Nagar, and sell unbranded televisions in rural markets, where consumer awareness about brand authenticity and related aspects remain low. Marwah said SPPL has a 6% share in the TV market, which has a volume of around 14 million units, and expects this to grow to 7% in 2026, supported by premium, large-screen models backed by display and audio innovations. Recently, Thomson launched new mini-LED TVs with a 108W speaker system comprising two integrated subwoofers, QD 4K displays, powered by Google TV, in the price range of ₹61,999 to ₹95,999. The top executive said the TV market remained stagnant in the first half of 2025, but the upcoming festival season, combined with the replacement cycle, may drive recovery in the July-December 2025 period. 'One of the key reasons (for market stagnation) is due to the purchases that happened during the COVID pandemic. I think there was a saturation in the market, and there was no disruption in technology. Now, the time has come. The replacement in the market will start from H2 2025,' he said. Counterpoint Research has projected that the Indian TV market may grow by a modest 4% in 2025, with a recovery anticipated in the second half following a sluggish start to the year. 'Due to the ongoing economic uncertainty and inventory issues across top brands, the market is likely to remain slow with a premiumisation trend as buyers begin to value performance and quality alongside affordability. The demand for premium and large-screen TVs will continue to rise, while shipments of smaller 32-inch TVs are expected to decline further,' Anshika Jain, senior research analyst, Counterpoint, told ETTelecom . The research agency said that artificial intelligence (AI)-enabled smart TVs remain in the early stages of adoption, with major players gradually offering advanced features such as adaptive picture and sound, as well as multilingual voice assistants.
Time of India
2 days ago
- Business
- Time of India
Thomson-branded new mini LED TVs first ones to come with dual built-in subwoofers in India: Price, specs and more
Domestic manufacturer SPPL has expanded the French consumer electronics brand in India with the launch of a Mini LED TV series. Available in 65-inch and 75-inch models, these new TVs are designed to offer users an improved viewing, gaming, and listening experience. The new Mini LED TVs come with a metallic design and eye-friendly features like Smart Eye Shield and low blue light. They offer 4K resolution, support and deliver 1500 nits peak brightness. The IPS LCD panels feature a quantum dot layer, Mini LED backlight, and 120Hz refresh rate. They include a 108W audio system with Dolby Atmos and Digital Plus, and run on Google TV with a MediaTek AiPQ chip. Here are all the details Thomson mini-LED TV series: Price and availability in India Thomson's latest mini-LED TV series models will be available in two sizes -- 65-inch and 75-inch. These new TVs are already available exclusively on Flipkart and are priced at Rs 61,999 and Rs 95,999 respectively. Thomson mini-LED TV series: Key highlights Here are all the key specs and features of the new Thomson-branded mini-LED TVs: Category Features Design and display - Mini QD Display with Local Dimming for enhanced contrast and deeper blacks - Supports Dolby Vision, HDR10, and HLG - 1500 nits peak brightness - 100,000:1 contrast ratio - 1.1 billion colour range - Bezel-less design with a metallic stand Audio - 6 speakers with top-firing subwoofers - Dolby Atmos and Dolby Digital Plus support - Custom modes for movies, music, sports, and more Smart Features - Runs on Google TV (v4.0) with voice search and content suggestions - Dedicated buttons for Netflix, Prime Video, YouTube, and others - Compatible with over 10,000 apps, including JioCinema, Zee5, SonyLIV, Apple TV - Built-in Chromecast and Apple AirPlay Gaming Support - 120Hz MEMC, Auto Low Latency Mode (ALLM), Variable Refresh Rate (VRR) - Dual-band Wi-Fi, Bluetooth 5.0 - 3 HDMI ports (ARC and CEC), 2 USB ports - Works with gamepads, headphones, keyboards Performance & Hardware - Powered by MediaTek processor with Mali-G52 GPU - 2GB RAM and 16GB storage - DVB support included - Designed for smooth multitasking and app use AI Masterclass for Students. Upskill Young Ones Today!– Join Now
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Business Standard
7 days ago
- Business
- Business Standard
SPPL launches Thomson 4K Mini QD-LED TV range in India: Price, specs, more
SPPL launches Thomson 4K Mini QD-LED TVs in 65- and 75-inch variants with Dolby Vision, Atmos, 108W speakers, and Google TV platform. Available on Flipkart at Rs 61,999 onwards New Delhi
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Business Standard
04-07-2025
- Business Standard
SPPL launches JioTele OS-powered Kodak QLED 4K TV at Rs 18,999: Details
SPPL unveiled Kodak's first JioTele OS-powered 4K QLED TV in India with AI content suggestions, 300 plus live channels, Dolby Audio, and regional language support at Rs 18,999 New Delhi Super Plastronics Pvt Ltd (SPPL), Kodak's official brand licensee in India, has launched the Kodak QLED 4K smart television powered by JioTele OS. This marks Kodak's first smart TV under the JioTele OS platform and the second overall from SPPL, which had earlier introduced a Thomson-branded model in February this year. According to SPPL, the Kodak QLED 4K JioTele OS TV offers artificial intelligence-based content recommendations, a dedicated sports mode, over 300 live channels, and access to 200+ applications. Kodak QLED 4K JioTele OS TV: Price and availability Kodak 43-inch JioTele OS QLED TV: Specifications and features The TV features a 43-inch 4K QLED display with support for high dynamic range (HDR). SPPL claims the bezel-less screen delivers over 1.1 billion colours for a vivid viewing experience. Running on JioTele OS, the smart TV is focused on regional accessibility and localised content offerings. Key features include: The TV is powered by an Amlogic processor paired with 2GB of RAM and 8GB of internal storage. Audio is handled by 40W stereo box speakers with support for Dolby Digital Plus and Dolby Audio. Connectivity options include dual-band Wi-Fi, Bluetooth 5.0, and multiple ports for external accessories. The TV also comes with a voice-enabled remote that supports several Indian languages and features shortcut buttons for Netflix, YouTube, JioCinema, and Hotstar. Users can pair accessories like headphones, game controllers, and keyboards. What is JioTele OS JioTele OS is Jio's smart TV operating system designed to deliver a premium smart TV experience at an affordable price. Its key highlights include:
