Explore Business Standard
India's online shopping habits are becoming less reliant on festive periods, although mobiles and electronics continue to dominate the September-October sales spike, according to a study by consulting firm Redseer. The country's online retail sector is gradually moving towards a more balanced, year-round demand curve. However, categories like mobiles and electronics remain highly reliant on the annual festive surge, making them the riskiest to manage operationally, the report said. "India's online retail landscape is evolving towards a more balanced demand curve, but Mobiles and Electronics still dictate the rhythm of the festive season. "Mobiles have the most dramatic swing, with a Seasonality Index Difference of 1.7. Electronics follows closely with a difference of 1.3. Both peak sharply in September-October, with Mobiles reaching a monthly index close to 2.3 and Electronics nearing 2.0. This heavy reliance on the festive season confirms their demand is highly concentrated," Redse
Nearly 20 premium shopping malls, comprising 123 lakh square feet of retail spaces, will become operational by 2026-end across eight major cities in the country to tap rising demand of retailers looking to expand business, according to Cushman & Wakefield. On Tuesday, real estate consultant Cushman & Wakefield released its report 'Premiumisation of India's Retail Sector - Upscaling, Upgrading and Evolving', at MAPIC India Summit here. The consultant noted that as many as 19 Grade A shopping malls covering 12.3 million (123 lakh) square feet of new retail space will become operational in 2025 and 2026 calendar years. These eight cities are-- Delhi-NCR, Mumbai, Kolkata, Chennai, Bengaluru, Hyderabad, Pune and Ahmedabad. Out of the 12.3 million square feet of new Grade A mall supply projected across 2025 and 2026, 8.6 million (86 lakh) square feet will be superior Grade (Grade A-plus), underscoring the sector's shift from scale to quality. The superior-grade malls typically ...
Delhi's Connaught Place saw a 14 per cent annual increase in rentals for retail spaces during the January-March period, while upscale high street location Khan Market witnessed a 7 per cent rise on strong demand from retailers, according to Cushman & Wakefield. Monthly rentals at Connaught Place (Inner Circle) -- a prominent high-street retail location in the national capital -- stood at Rs 1,150-1,250 per square foot during the first quarter of 2025, an increase of 14 per cent year-on-year, the data from real estate consultant Cushman & Wakefield showed. Khan Market, one of the costliest high-street locations globally, commanded a monthly rental of Rs 1,600-1,650 per sq ft in January-March, an increase of 7 per cent year-on-year. Cushman & Wakefield said the asking rent (Rs/sq ft/month) is based on carpet area of ground floor vanilla stores. The rent at Delhi's Greater Kailash-I M-Block Market rose 12 per cent to Rs 475-500 per sq ft during January-March this year. Kamla .
The Indian retail market is expected to reach over Rs 190 lakh crore by 2034 and retailers capable of embracing the country's diverse demographics and contrasting consumer behaviours stand to gain the most, according to a report. With distinct consumer groups, each with their own unique needs even within a city, retailers will need to recognise the different opportunities and pick sharply where they want to play to be successful in 'Bharat' and 'India', said the report prepared jointly by the Boston Consulting Group (BCG) and the Retailers Association of India (RAI). The retail market in India reached a size of Rs 82 lakh crore in 2024, up from Rs 35 lakh crore in 2014, growing at over 8.9 per cent in the last decade, driven by the India's economic growth and an increasingly discerning and diverse consumer base, said the report titled 'Winning in Bharat & India: The Retail Kaleidoscope'. India's consumption growth trajectory has been secular, barring during the COVID-19 pandemic ..