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The Company has set up a R & D and product design centre in Delhi which is responsible for product designing and testing before it hits the market
In India, 68% of online shoppers are purchasing from a marketplace, as opposed to a shopping with an online brand.
Organised retail penetration expected to reach 10% 2020 against current 7%
According to the research, the biggest challenge that stands in the way of this adoption is disjointed technology & systems within retail enterprises.
From following a fitness model on whatsapp and a meal chart on app to calorie count on a smart watch, millennials do everything to ensure that they are fit.
Obtaining varied styles from different designers to cater to a fashion forward consumer base is one of the difficult parts of this industry. Staying up to date with the fashion world, understanding the current demand and predicting the future trends only
Many eyewear start-ups such as cleardekho, glassic, coolwinks amongst others are changing the eyewear industry forever.
Batra says that any traditional meal may have high proteins or vitamins, but not necessarily a balanced proportion as an adult would need, which Happy Ratio tries to fill the gap.
The compound annual growth rate (CAGR) of the Indian retail industry clearly depicts an overwhelming growth of 10% every year. If every piece falls in the right place then India will surpass the capabilities of China by the end of 2025.
In the past, speaking to the media, Xiaomi India Head Manu Jain had said the firm would consider manufacturing TV locally but that would completely depend on the volume of order. "We intend to manufacture more products other than smart phones in India."