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Samsung India

By Gurleen Bajwa , 10 May 2025
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Samsung India Challenges $500 Million Customs Penalty in CESTAT

Samsung India has taken legal action against a substantial customs penalty of over $500 million imposed by Indian authorities for allegedly misclassifying telecom equipment imports. The company has filed an appeal with the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT), disputing the charges. The penalty, which was imposed earlier this year, pertains to the classification of networking gear and other telecom equipment. Samsung's legal team has initiated the petition with the tribunal, but the matter is still awaiting a hearing.

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  • Technology Sector
By Gurminder Mangat , 9 April 2025
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Samsung India’s Surge in Room-Air Conditioner Market: A Strategic Comeback in 2025

Samsung India has made a remarkable return to the room-air conditioner segment, registering a significant growth trajectory in Q1 2025. With a newly launched range of AI-powered air conditioners, the company has successfully doubled its sales and achieved a 10% market share within a quarter. Samsung’s innovative BESPOKE AI WindFree air conditioners have positioned the brand as a formidable competitor in the Indian market, which is expected to grow 20-25% this year. The company is investing heavily in marketing and expanding its distribution network to maintain its upward momentum.

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  • Technology Sector
Samsung India

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