Industry experts have announced that cities like Lucknow, Nagpur, Kochi and Jaipur will be the next retail hubs. But what does it take to make these cities retail ready? Shwetha Satyanarayan finds out.
Adding 140 stores into its total tally of 829 stores over the last one year, the oldest motor cycle brand in the world, Royal Enfield, is on launching spree and adding few more stores in metros and Tier II and III cities across the country.
Leading professional hair care brand L'Oral Professionnel targets year-on-year (YoY) growth with at least 25 per cent CAGR for the next 5 years. Presently, the brand's high-end products are available in 350 cities and sold through 35,000 salons.
India has witnessed a boom, in the e-commerce/start-up sector in last five years but only one out of five start-ups gives good returns, while three do not give any return or simply fold up, say a PTI report, quoting the e-commerce experts.