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\"\"KOLKATA: Samsung<\/a> India<\/a> crossed the Rs 50,000-crore sales milestone in 2016-17 as per the just published company filings with the Registrar of Companies (RoC), consolidating its position as the country’s largest pure-play consumer goods MNC.
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The Korean giant’s total income, including turnover and other income, grew by 15.5% to Rs 55,511.9 crore in FY 2017 from Rs 48,053 crore in the previous year despite the Chinese companies making serious inroads into the Indian smartphone<\/a> market.
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In fact, Samsung’s mobile business in 2016-17 was higher than the combined sales of the top Chinese and Indian smartphone makers together, including Xiaomi<\/a>, Oppo<\/a>, Vivo<\/a>, Micromax and Intex<\/a> in the year under review. It was almost three times that of Apple<\/a> India.
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\nSamsung’s smartphone business grew sales by 26.7% to Rs 34,261 crore, while the home appliance business grew by 12% to Rs 6,395.6 crore. The company’s television business remained stagnant at Rs 4,481.2 crore even though Samsung retained market leadership.
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\"\"KOLKATA: Samsung<\/a> India<\/a> crossed the Rs 50,000-crore sales milestone in 2016-17 as per the just published company filings with the Registrar of Companies (RoC), consolidating its position as the country’s largest pure-play consumer goods MNC.
\n
The Korean giant’s total income, including turnover and other income, grew by 15.5% to Rs 55,511.9 crore in FY 2017 from Rs 48,053 crore in the previous year despite the Chinese companies making serious inroads into the Indian smartphone<\/a> market.
\n
In fact, Samsung’s mobile business in 2016-17 was higher than the combined sales of the top Chinese and Indian smartphone makers together, including Xiaomi<\/a>, Oppo<\/a>, Vivo<\/a>, Micromax and Intex<\/a> in the year under review. It was almost three times that of Apple<\/a> India.
\n
\nSamsung’s smartphone business grew sales by 26.7% to Rs 34,261 crore, while the home appliance business grew by 12% to Rs 6,395.6 crore. The company’s television business remained stagnant at Rs 4,481.2 crore even though Samsung retained market leadership.
\n