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Organised retail penetration expected to reach 10% 2020 against current 7%
In order to grow, the company needs to collaborate with another brand. Creating an ecosystem to the collaborations gives value to end customer in a humongous state.
Leading research agency Ipsos has compiled the data of top 20 influential brands of India.
Experts assert that voice will be the preferred mode of transaction for e-commerce, banking, and payments in the near future.
Global retailers such as Lush, Apple, Ernster amongst others focusing on customer first approach not only to win laurels but also to improve business.
With the demand for refurbished or second-hand smartphones predicted to grow by up to 27% in the coming two years, Togofogo wants to significantly capture the offline market through an organized channel.
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."
The Government is silent on the retailing of sub-brands under the ambit of single brand and the benchmark to distinguish between a sub-brand and separate brand, thereby making it a grey area. For eg. Oriflame, in addition of selling its product, is also i
All thanks to technology, today retail industry has surely witnessed a transformation. Indian consumer packaged goods industry is no exception. Let's know how has the CPG industry changed over time.
The retail industry has welcomed the latest amendment in FDI policy. This development will certainly help MNCs such as Apple, Xiaomi and OPPO to scale up their presence in the country.