There are over 12 million small stores in India and account for over 90% share of the Indian F&G market, which is predicted to reach USD 810 Billion by 2020
Growth will be aided by several factors including rising internet penetration, drop in data access costs, shift to smart phones, flow of credit to consumers and micro enterprise increase in domestic consumption, affluent middle-class and rising income and
India's FMCG sector is likely to revive from sluggish growth of 2014 following a decline in inflation rates, says a PTI report citing a Nielsen research.
Retail major Pantaloons Fashion & Retail recently revealed plans of raising Rs 1,000 crore through issue of non-convertible debentures on a private placement basis.
The age-old practice of visiting nearby furniture and furnishing markets to see, evaluate and order products largely seems to be pass now in urban and semi-urban areas, as consumers prefer visiting the online version of the brick and mortar home retailin
Consumer Durable major, Godrej group is eyeing a ten-fold surge in the business volumes within a decade, is banking heavily on eCommerce to achieve its 'Vision 2020' target, says a PTI report.
Food processing industry now formed an important segment of the Indian Eeconomy in terms of contribution to GDP, employment and investment, and proved to be a major driver in country's growth in near future, says a PTI report quoting a senior government
Overseas travellers increasingly show interest in India as a "desirable" holiday destination, as hotels in the country have been experiencing a large uptake in tourist interest, says a PTI report, citing a recent TripAdvisor survey.
In sync with Prime Minister Narendra Modi's 'Make in India' mantra, global chip maker AMD today said games developed in the country can play an important role in the growth of the nascent gaming industry, according to a PTI report.
Herbal wellness major, Himalaya Drug Company is targeting about 12 per cent growth in revenue to Rs 1,450 crore this fiscal on robust sales in the domestic market, as per a PTI report.
Indian retail sector is expected to grow at a slower rate of around 16 per cent over the next three years, as against 18 per cent previously, says PTI citing the India Retail Report.
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.
Madhya Pradesh Chief Minister Shivraj Singh Chouhan has said that Singrauli will be developed as 'energy city' of the state, according to a PTI report.
Tata group retail firm Trent Ltd today reported over three-and-half-fold increase in standalone net profit at Rs 61.11 crore for the first quarter ended June 30, 2014-15, boosted by partial sale of stake in Trent Hypermarket to UK's Tesco.