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As per CRISIL revenue growth of the organized B&M retail sector is expected to improve to 14-16% annually in the next two fiscals compared with 13% compounded annual growth rate seen between fiscals 2015 and 2017.
The logistics and transportation industry in India is worth $130 billion annually, and contributes to 4.7per cent to the country’s GDP. However, it is mostly unorganised and fragmented due to different tax structures at the state level.
Retail inflation accelerated in April on the back of hardening prices of some food items, while industrial output growth slowed in March, raising fresh worries for policy makers battling to boost growth and tame price pressures.
Alibaba group's B2B arm Alibaba.Com today said it aims to more than double its user base in India over the next few years through on-boarding of over 5 million businesses on its wholesale trading platform.
Global retail giant, Walmart Stores is now focussing on the sale of fashion products directly to Indian consumers. Walmart is exploring the possibility of selling its 'George' brand of clothing and home products on third-party ecommerce sites..
There is a lot of talk about on-line retail dominating the traditional retail in India. Some have even gone to the extent of saying that on-line retail will eventually kill the traditional retail in this market.
The Indian industry is likely to log lower revenue growth of 9-10 per cent for the second quarter of the current fiscal due to slower export expansion and weak performance of the investment sector, revealed by research firm Crisil.
The digital commerce market in India is expected to clock a higher growth this year on the back of better internet penetration, increase in trust level and pricing advantage.
Food & Beverages tier II players are rising fast and are expected to control 40 per cent of the FMCG segment by 2019, as cited in a study by rating agency Crisil, says a PTI report.