Indian online market is expected to surge 10 times from its current level to $50 billion by 2020.The market is primarily driven by better Internet penetration and higher incomes,as per a recent report by IAMAI.
Looking at smaller towns as future growth drivers, V-Mart is capitalising on these markets with an investment outlay of Rs 200 cr set aside to add 200 stores by 2020.
Toonz Retail has unveiled its plans of launching an online store and increasing the offline store count while aggressively striding towards its fiscal target.
A 31-member Parliamentary panel came heavily on the working culture and future policies of Indian railways. The panel headed by former railway minister and MP of TMC, Dinesh Trivedi, evaluated and talked on every aspect of the Indian Railways.
The Being Human Clothing line brand, owned and marketed exclusively by Mandhana Industries Ltd in India and the global markets, has embarked upon to open 20 stores in this financial year.
In a bid to bring in more investments in its facility of home textiles in Andhra Pradesh, Brandix India Apparel City has joined hands with four Chinese players.
PE Electronics, the license holder of Philips brand of TVs in India is targetting a 10 per cent market share in the segment by 2016 with a turnover of up to Rs 1,800 crore in next two years.