The ₹2,000 crore investment into Amazon India will go towards expanding fulfilment centres, improving safety and automation, and more
Rural market growth continued to outpace that from the urban market for the FMCG industry in the March quarter, and margins remained under pressure as prices of some key commodity inputs remained at peak levels, according to business updates by leading players. Besides, on the channel side, traditional trade (Kirana shops) continued to be under pressure, while modern trade channels, e-Commerce and Quick commerce maintained their growth momentum, said listed FMCG companies like Dabur, Marico and AWL Agri Business (formerly Adani Wilmar) in their quarterly updates. The persistent food inflation continues to impact demand in the urban market, which contributes nearly two-thirds of the total FMCG sales. However, FMCG companies are hopeful of a profitable growth in FY'26 despite the current headwind, banking on factors which include moderating retail and food inflation as well as forecasts of a normal monsoon. Homegrown FMCG firm Dabur, in its quarterly update for the fourth quarter of
Bets big on brand ambassador Karisma Kapoor and digital campaigns to drive consumer engagement and market growth
The report stated that organised retail in the country has consistently demonstrated faster growth, despite subdued performance in the recent quarters owing to potential headwinds
Several companies have received I-T notices for either not paying their taxes properly or for underreporting their revenue
Redseer report observes a growing habit of online shopping in both urban and rural parts of India among other electronic retail trends
Home textiles major Welspun India expects revenue to cross the Rs 15,000 crore-mark by FY26, growing around 60 per cent in the next three years, according to a regulatory filing. The firm, which also operates in segments such as flooring solutions, advanced textiles, retail, hospitality, and wellness is looking at "multiple drivers for growth" in the domestic market besides strengthening the export market. In an investor presentation, Welspun India said it is poised to grow at "3X of the market growth rate" in the domestic textile market. Overall, Welspun India said, "FY26 expected to be upwards of Rs 15,000 crore at a CAGR (Compound Annual Growth Rate) of 24 per cent (over FY23 expected)." Export is expected to play a key role in the company meeting its targets. Welspun India, which is a prominent player in terry towels and sheets, said though the Indian cotton prices remained considerably out-priced against competing global peers for a large part of FY22, from October onwards it
Online retail spending in India is expected to grow nearly sixfold to USD 300 billion by 2030 with expansion in the number of digitally-influenced shoppers and online shoppers, said BCG
Internet commerce firm says customers from smaller Indian cities drive its growth and account for 80% shopping.
This agreement includes the acceptance of Visa at all Amazon stores and sites
The pandemic was a watershed moment for India's e-retail market, driving a 12-month acceleration in e-retail penetration, which was at 4.6 per cent by end of FY21
With this, Tata Digital will buy 64.3% stake in Supermarket Grocery Supplies and also be sole control over Innovative Retail Concepts, which runs BigBasket's online retail biz
The report noted that data and technology driven disruptions along with supply side innovations will shape the future of the retail landscape