US ‘film photo’ icon Kodak logs into India LED TV mkt on SSPL’s shoulders
The company would initially sell the TVs online with channel partners like Shopclues, Flipkart and Amazon. However, Shopclues will be launching its 32-inch series exclusively on its website.
"We also have an offline set up. We first want to be established and popular on online channels and then go offline. We will decide after this quarter how much time we will take in doing it," said SPPL Director Avneet Singh Marwah.
He added that the company has a pan India infrastructure with over 100 service centres. Steven Overman, President, Kodak's Consumer and Film Division and Global Chief Marketing Officer said, "We are very pleased to partner with SPPL to address the burgeoning market for TV sets in India.
"Kodak has played a key role in the development of the entertainment industry in India and around the world. We look forward to providing consumers in India with a new range of great Kodak-branded products".
SPPL and Kodak have plans to launch 4K TV and curved TV series in the fourth quarter of this fiscal. "We would be very aggressive in the price point for these series," he added. The company would assemble Kodak range of LED TVs at its three units at Jammu, Noida and Una in Himachal Pradesh, he added.
It also has plans to spend up to 4 per cent of Kodak LED TV sales on marketing, most of which would be spent on digital platforms. SSPL has brands Beltek, Crown, Prime and Suntek. It is also the Original Equipment Maker (OEM) for various leading panel brands.
Ola ignites new intra-city rental service with hourly packages
Taxi aggregator Ola has launched a new category to rent taxis called ‘Ola Rentals’ to simplify intra-city travel with hourly packages across Ola Lux, Ola Prime (Sedan and SUV) and Ola Mini. Ola Rentals is available in 35 cities and will soon be rolled out in 100 cities across India, the company said in a statement here. It is aimed at servicing Ola Corporate customers and working executives who move from one meeting to the other during the day as well as individuals require the convenience of having a cab on disposal for diverse needs like local sightseeing, or shopping trips. The category comprises of vehicles audited for high quality and best rated drivers.