Lakme Salon Expands Product Portfolio with BENEATH

India’s retail real estate sector recorded a substantial year-on-year increase in new supply during the first quarter of 2025, with a total of approximately 2.2 million sq. ft. added, according to a report released by CBRE, a global real estate services and investment firm.

The sharp increase in supply was driven by strong leasing momentum, particularly from the fashion and apparel category, which accounted for 27 percent of total leasing activity. This was followed by the entertainment and homeware segments, reflecting broader diversification in retail demand.

Among metro markets, Mumbai, Hyderabad, and Delhi-NCR were the primary contributors to space absorption, collectively accounting for 62 percent of the total. Mumbai led with 58 percent of the new supply, while Hyderabad contributed 28 percent and Delhi-NCR 13 percent.

Domestic retailers maintained a stronghold on leasing activity, representing 81 percent of transactions, up from 80 percent in the prior quarter. However, international brands continued to expand their footprint in the Indian market, with retailers from the Americas and the EMEA region accounting for 11 percent and 22 percent of leasing activity, respectively.

The report highlights that the fashion and apparel sector remains a key growth driver, with mid-range and international brands increasingly opting for larger format stores in high-footfall locations. Homeware, department stores, and D2C brands are also becoming more active in physical retail, supported by changing consumer preferences and evolving retail strategies.

Rental trends mirrored the momentum in leasing. High street and mall micro-markets across Delhi-NCR, Bengaluru, Mumbai, Hyderabad, and Chennai reported rental increases ranging from 1 percent to 7 percent. Notable growth was recorded in South Extension (Delhi-NCR), 100 Feet Road in Indiranagar (Bengaluru), and areas in South Mumbai—suggesting high demand in premium locations.

The outlook for the sector remains positive, with leasing opportunities expected to expand further as several investment-grade malls near completion. Both domestic and international brands are pursuing larger spaces in strategically located and experience-oriented retail environments, signaling continued investment interest and confidence in India’s organized retail market.

Godrej Consumer Products Ltd. (GCPL), a major player in India’s fast-moving consumer goods (FMCG) sector, has opened its first vertical storage warehouse in Bhiwandi, Maharashtra. The facility is part of the company’s Project Parivartan, a strategic initiative aimed at improving warehousing and logistics through enhanced operational capabilities and sustainability measures.

The new facility spans 2.84 lakh square feet and is equipped with over 3,200 pallet positions and a high-density G+6 vertical racking system. This design is intended to optimize storage capacity while reducing the physical footprint. Functioning as the central distribution hub, the warehouse will serve critical regional markets including Maharashtra, Goa, Gujarat, and Madhya Pradesh.

Saurabh Jhawar, Head – Product Supply Organisation, India and SAARC at GCPL said, “The launch of our first vertical storage warehouse is a transformative step in our journey toward building a smart, agile, and future-ready supply chain. In just 18 months under Project Parivartan, we have upgraded a majority of our key logistics hubs to Grade A facilities. This new warehouse in Maharashtra stands as a beacon of our commitment to operational excellence, digital integration, and sustainable growth—allowing us to serve our consumers with enhanced speed, safety, and care.”

The facility incorporates automated material handling systems, including angular docks, dock levellers, and high-throughput automation capable of managing over 60,000 cases per day. Additionally, it features AI-ML based warehouse monitoring systems, infrared fire alarms, temperature and gas sensors, and a centralized Warehouse Control Centre for integrated oversight.

Aligned with GCPL’s focus on safety and workforce development, the warehouse includes virtual reality-based training modules to support immersive and interactive safety instruction for operational staff.

Earlier in March 2025, GCPL commissioned its first fully integrated greenfield manufacturing plant in Tamil Nadu. This facility consolidates production for several of the company’s major brands such as Cinthol, Godrej No.1, Goodknight, Godrej aer, and Godrej Expert Hair Colour under a single roof.

Reliance Consumer Products Ltd (RCPL), the FMCG arm of Reliance Industries, has revealed its intention to set up a new integrated bottling and manufacturing plant for its beverage brand Campa Cola in Bihar's Begusarai district.

The proposed plant will be set up on a 35-acre plot, with an estimated investment of around Rs. 1,000 crore. This development was confirmed by the Bihar Industrial Area Development Authority (BIADA), which stated through a post on the social media platform X that EPIC Agro Product Ltd, a company responsible for the production and distribution of Campa Cola, has been allotted the land.

The facility in Bihar is expected to enhance Campa Cola’s operational capacity as the brand continues to expand its presence, particularly in eastern and northeastern India. This project follows the recent inauguration of a similar bottling plant in Guwahati, Assam, which was launched in February this year.

Reliance entered the beverage segment in August 2022 with the acquisition of Campa Cola. Since then, it has scaled operations nationally through a combination of infrastructure development, including the setup of logistics networks, bottling plants, and supply chain systems.

Campa Cola has positioned itself as a competitor to category leaders Coca-Cola and PepsiCo, offering products at aggressive price points and providing higher margins to retailers. This strategy has led to noticeable pricing shifts in select markets where the brand is actively sold.

In its Q3 earnings report dated January 16, Reliance shared that the Campa brand is projected to achieve Rs. 1,000 crore in revenue in FY25, signaling its intention to solidify its position in the FMCG segment.

Abneesh Roy, Executive Director (Research) at Nuvama Institutional Equities stated, “This indicates Campa is now getting more aggressive in the eastern and northeastern parts of the country. We expect these investments to continue and expect that eventually Campa will have a pan-India manufacturing and distribution presence.”

The Campa portfolio currently includes cola, orange, lemon, and energy drink variants. RCPL has also expanded its beverage lineup with Raskik, a fruit-based rehydration drink, and Spinner, a sports-focused energy beverage.

In addition to its domestic expansion, Campa has initiated international operations, starting with the UAE, and is reportedly eyeing further growth in other Middle Eastern, Asian, and African markets.

The Begusarai facility will represent the second major investment in Bihar's beverage sector in recent months. In March, SLMG Beverages, Coca-Cola’s largest bottler in India and part of the Ladhani Group, announced a new plant in Buxar with a Rs. 1,500 crore investment and revealed plans for another facility in the state with a similar investment amount.

Diversified conglomerate ITC Ltd has announced its plan to acquire Sresta Natural Bioproducts Pvt Ltd (SNBPL), the company behind the well-known organic brand 24 Mantra Organic, for a total consideration of Rs. 472.5 crore. In a regulatory filing, ITC stated that it has entered into a share purchase agreement to buy a 100 percent stake in SNBPL. The move is in line with ITC’s broader strategy to expand its portfolio with future-ready and health-oriented products.

According to the company, the acquisition “in line with the strategy to augment the company’s future-ready portfolio, the transaction will fortify ITC’s presence and market standing in the high-growth organic products segment in both Indian and overseas markets.”

SNBPL offers an extensive range of more than 100 organic products, including branded grocery items, spices, condiments, edible oils, and beverages. The brand has also established a strong global footprint, particularly among the Indian diaspora.

ITC mentioned that the transaction is expected to be finalized in the first quarter of FY 2025-26, or on a later date if mutually agreed upon.

The deal is valued at up to Rs. 472.5 crore on a cash-free, debt-free basis. Of this, Rs. 400 crore will be paid upfront at the time of closing, with the remaining Rs. 72.5 crore to be disbursed over the subsequent 24 months.

The investment aligns with ITC’s ‘Next’ strategy as outlined by Chairman Sanjiv Puri, which emphasizes the development of a product portfolio that meets emerging consumer needs.

“We are excited to have 24 Mantra Organic as part of ITC’s Foods Business’s portfolio of nutrition-led healthy foods products. 24 Mantra Organic has built a robust backend and sourcing network, which is core to its trusted organic products portfolio,” said Hemant Malik, Director,  ITC Wholetime.

Rajashekar Reddy Seelam, Founder and Managing Director, SNBPL  shared, “ITC shares a common vision to promote sustainable livelihoods for farmers and ensure healthy lifestyles for consumers. We are confident that ITC’s strengths in product development expertise and distribution strength across channels will help in taking 24 Mantra Organic to millions of home.”

Founded in March 2004, SNBPL reported a revenue of Rs. 306.1 crore for the financial year 2023–24.

Appliances and consumer electronics brand Panasonic India is aiming for double-digit growth in the current fiscal year, building on its strong performance in FY25, where it recorded revenues of nearly Rs. 11,500 crore, according to a senior company official.

For the financial year ending March 31, 2025, Panasonic Life Solutions India posted a net profit surpassing Rs. 1,100 crore, marking an impressive 41 percent increase, a company spokesperson confirmed, noting that the final financial closure is still underway.

In FY25, the company’s consumer goods division contributed 30 percent of its total revenue, while the B2B segment accounted for 50 percent.

“We have crossed a potential Rs 11,000 crore on a significant profit exceeding Rs 1,100 crore. We are looking for growth exceeding 10 percent, and the construct would be similar to the year gone by,” said Manish Sharma, Chairman, Panasonic Life Solutions India. 

Sharma highlighted that categories such as devices, room air conditioners, and smart factory solutions were key growth drivers for the company.

The consumer segment is expected to register higher growth in FY26, especially on the back of increasing demand for room air conditioners.

In addition, the smart factory solutions segment is also projected to witness robust growth, with Indian enterprises investing more in autonomous factory technologies.

India continues to be one of the top three strategic markets for the Osaka-headquartered company, which is actively introducing new products and advanced solutions tailored for the Indian market.

“We are in a consistent stage and phase of a potential transformation, and this would be for a variety of reasons, at the centre of which would be the changing aspirations of Indian consumers,” stated Sharma, noting that consumer expectations have evolved significantly over the last decade.

He attributed this shift to digital convergence, which he believes has led to a heightened demand for higher-quality products.

In 2022, Panasonic consolidated its various business verticals in India under a single entity—Panasonic Life Solutions India—as part of its restructuring strategy.

Sharma pointed to the integration of products such as video door phones, CCTV cameras, air conditioners, and various electrical devices, which are now interconnected through a unified platform to deliver comprehensive value.

During FY25, Panasonic Marketing Solutions India (PMIN)—the division responsible for managing appliances under Panasonic Life Solutions—achieved 30 percent growth in value.

This represented the company’s highest-ever growth in consumer appliances, largely fueled by strong performance in air conditioners, washing machines, and microwave ovens.

The air conditioners category was the standout performer, delivering a record-breaking 47 percent year-on-year volume growth, driven by surging demand during the summer season.

The Office of Ananya Birla, part of the Aditya Birla Group, has launched a new premium colour cosmetics brand named LOVETC, marking its entry into India’s growing beauty and personal care sector. This move follows the launch of Contraband earlier this year under Birla Cosmetics and signals the company’s intent to build a robust beauty portfolio catering to evolving consumer preferences.

In an official statement, the company said, “This strategic expansion follows Birla Cosmetics’ launch of Contraband earlier this year.” The introduction of LOVETC represents a broader initiative by the company to diversify its product offerings based on consumer insights and performance-focused innovation in the beauty segment.

The Indian beauty market was valued at $629.42 million in FY24 and is projected to grow to $1,305.69 million by FY32. This upward trajectory presents a favourable environment for new entrants and homegrown players aiming to scale in the premium cosmetics space.

LOVETC’s launch lineup includes a selection of colour cosmetics such as advanced lipsticks, long-wear eyeliners, and mascaras.

Ananya Birla, Founder and Chairperson of Birla Cosmetics stated, “The launch of LOVETC reiterates our constant belief that price is not what defines luxury, the quality of the product does. Better quality at a better cost, LOVETC offers a fresh new take on beauty, by offering world-class, high-performance colour cosmetics where luxury comes as a promise of a better future. With a strategic and consumer-first approach, we are poised to capture a 5–8 per cent share of India’s rapidly expanding cosmetics market, leveraging our expertise to drive meaningful impact and long-term growth.”

This launch underscores Birla Cosmetics' ambitions to establish a competitive presence in the premium cosmetics space and tap into rising demand for homegrown, quality-driven beauty brands.

QSR coffee brand Nothing Before Coffee (NBC) has secured $2.3 million in a Pre-Series A funding round led by Prath Ventures, with participation from SYL Investments. The company plans to utilize this capital to expand its footprint, improve technology, and strengthen operational efficiency, particularly in underserved Tier-II and Tier-III markets.

Founded in 2017 in Jaipur by Ankesh Jain, Anand Jain, Akshay Kedia, and Shubham Bhandari, NBC has grown into a national retail brand with 85+ outlets across the country. The chain has positioned itself to serve India's aspirational young demographic by offering affordable, quality coffee in contemporary settings.

While much of the Indian café market remains focused on Tier-I cities and premium offerings, NBC has concentrated on mid-sized and smaller cities, where it sees significant growth potential. The brand has built a strong consumer base through its India-centric innovations such as the “Shrappe,” and through pricing that remains competitive without compromising quality.

"This funding milestone is a strong validation of our vision and operating model. At Nothing Before Coffee, we've built a brand that combines affordability, quality, and deep cultural resonance—especially in India’s Tier-II and Tier-III markets. With strong unit economics and consistent consumer love, we are now well-positioned to scale rapidly. The capital will help us deepen our presence, invest in technology and talent, and unlock the next phase of growth as we work towards becoming India’s most loved and accessible coffee chain," said Ankesh Jain, Co-founder, Nothing Before Coffee.

Piyush Goenka, Founder, Prath Ventures said, “As a fund, we’ve long believed in the growing demand for coffee and vibrant café experiences across India — not just in metros, but well beyond Tier-1 cities. In all our research, NBC consistently stood out for the vibrance in their cafés, the affordability of their pricing, and the quality of their offerings. What truly sealed the deal was the passion and drive of the founding team, which made this a compelling and exciting opportunity for us, as we love to partner with enthusiastic like-minded founders.”

"The Indian café market is ripe for innovation, and emerging brands like NBC are leading the way. As bankers, our role is to back such disruptors with the capital they need to scale. NBC has built strong brand recognition in a short time, and we wish them success in becoming India’s most loved coffee café brand," said Shikha Toshniwal - Co-Founder and Investment Banking Head, Pareto Capital.

As NBC continues to expand, it aims to build on its core strengths—value pricing, localized offerings, and community-focused store formats. The brand's goal is to increase accessibility to quality coffee and enhance retail presence in underpenetrated markets, positioning itself as a scalable alternative to global and metro-centric players.

Skoodle is shifting its production strategy in the stationery category by manufacturing pencils made entirely from 100 percent recycled paper. This move aligns with the brand’s broader effort to introduce sustainable practices in an industry long dependent on traditional wood-based production.

Launched in 2018, Skoodle’s initiative has grown into a large-scale operation that currently saves an estimated 3,000 trees and 13 acres of forest land each year. The company now produces over 720 million recycled-paper pencils annually, offering a scalable alternative to conventional wooden pencils.

“Pencils are something millions of students and professionals use every day. We saw an opportunity to change the source material, without changing the functionality—and that’s where transformation began. With recycled paper pencils, we’ve created a viable and scalable alternative that doesn't compromise on quality but saves nature in the process. It’s not just innovation—it’s a responsibility,” said Shobhit Singh, Managing Director and CEO of SSIPL.

According to industry estimates, roughly one tree is required to produce around 9,500 wooden pencils. In this context, Skoodle’s switch to recycled paper presents a significant disruption in a high-volume product category with a consistent demand base from schools, businesses, and consumers.

In addition to changing its product composition, Skoodle is encouraging institutional buyers, retailers, and educational organizations to adopt sustainable stationery. The brand is positioning its initiative as part of a broader movement toward reducing deforestation, cutting carbon emissions, and minimizing waste generation in everyday products.

“It’s not about pencils. It’s about questioning the way we think about daily consumption. If we can rethink something so basic and common as a pencil, it allows us to rethink everything else we consume. Small steps can make big differences. And as we countdown to Earth Day, it’s a good reminder that true change starts with careful decisions—and those decisions are well within reach,” Singh added. 

Skoodle’s sustainability-focused strategy underlines a broader trend in the retail industry, where brands are increasingly held accountable for their environmental footprint. Its model demonstrates how incremental design changes in essential products can lead to measurable environmental impact without disrupting utility or scale.

Cartel Bros’ flagship whisky brand, The Glenwalk, has ended FY 2024–25 on a high note with 1.4 million bottles sold across markets. The brand, launched in June 2023, has moved quickly to establish itself as a key player in India's growing premium spirits segment, with expansion now underway in both domestic and international retail channels.

In a 12-month span, The Glenwalk scaled its distribution to more than 75 cities across 15 Indian states. These include major consumption centers such as Maharashtra, Goa, Delhi, Haryana, Punjab, Uttar Pradesh, Daman, Chennai, Madhya Pradesh, Odisha, and Karnataka. The brand is also now available in overseas markets, including the Middle East, Australia, and Canada.

Sales have been bolstered by the introduction of a 200ml SKU launched in December 2024. Maharashtra, one of the brand’s strongest markets, accounted for 900,000 bottles sold in this format alone. The product is currently stocked in 1,400 wine stores and 4,000 bars, with plans to expand to an additional 3,000 permit rooms in the near future.

“Our growth has been both organic and aggressive. In just 12 months, we’ve scaled to over 75 cities, entered new states, and broken into global markets, all while staying true to our commitment of offering a premium whisky experience at accessible price points. Hitting 1.4 million bottles in FY 2024–25 is just the beginning. We are aiming for 3 million bottles this year, and the roadmap is clear,” shared Mokksh Sani, Founder of Living Liquidz, Mansionz, and Co-founder of Cartel Bros.

Cartel Bros’ retail-focused expansion strategy is underpinned by demand consistency and consumer acceptance, supported by notable international recognition. The Glenwalk received a Gold Medal at ProWine 2023, along with Silver Medals at the London Spirits Competition 2024 and IWSC 2024.

The leadership team—comprising Mokksh Sani, Jitin Merani, Rohan Nihalani, Manish Sani, and Chief Business Officer Neeraj Singh—continues to drive momentum with a focus on format innovation and new market entry.

Sanjay Dutt, co-founder and celebrity ambassador added, “The Glenwalk is more than just whisky—it’s a symbol of great taste, confidence, and celebration. Watching the brand grow so rapidly is incredibly exciting, and I’m proud to be part of the journey.”

For FY 2025–26, the brand is targeting a threefold increase in volume, with a combined growth strategy focused on deeper retail penetration in India, broader participation in the travel retail segment, and enhanced presence across international markets.

Bharti Airtel has joined hands with quick commerce platform Blinkit to offer doorstep delivery of SIM cards within just 10 minutes in Mumbai, marking a significant step in making mobile connectivity more accessible and convenient. The service is currently operational across 16 cities in India, with further expansion planned in the coming months.

Through this partnership, Airtel customers can now receive their SIM cards at home for a nominal convenience fee of Rs. 49. Once delivered, users can activate their new SIMs through a simplified Aadhaar-based KYC authentication process. Both prepaid and postpaid options are available, along with the ability to port an existing number to the Airtel network via Mobile Number Portability (MNP).

To ensure a smooth onboarding experience, customers are guided through an online activation link and an instructional video. All new and existing Airtel users can also seek assistance through the Airtel Thanks App. Additionally, new users requiring support can contact the helpline at 9810012345. Once delivered, the SIM must be activated within 15 days to ensure service continuity.

Siddharth Sharma, CEO – connected homes and Director of Marketing, Bharti Airtel said, “Simplifying customer lives is central to everything we do at Airtel. Today we are thrilled to partner with Blinkit for 10-minute SIM card delivery to customers’ homes across 16 cities and in due course of time we plan to expand this partnership to additional cities.”

Albinder Dhindsa, Founder and CEO, Blinkit shared, “To save customers time and hassle, we’ve collaborated with Airtel to deliver SIM cards directly to customers in select cities, with delivery in just 10 minutes. Blinkit takes care of the delivery, while Airtel makes it easy for customers to complete self-KYC, activate their SIM, and choose between prepaid or postpaid plans. Customers can also opt for number portability, all at their convenience.”

The initial rollout of the service includes major cities such as Mumbai, Delhi, Chennai, Ahmedabad, Surat, Gurgaon, Faridabad, Sonipat, Bhopal, Indore, Pune, Bengaluru, Lucknow, Kolkata, Jaipur, and Hyderabad.

As Airtel continues to enhance customer experience through digital-first initiatives, the collaboration with Blinkit positions the telecom operator to meet the growing demand for speed and convenience in the mobile services space.

India’s home décor sector continues to experience strong double-digit growth, fueled by rising disposable incomes and evolving lifestyle preferences. However, soft furniture brand D’Decor reported only a marginal rise in revenue for the financial year ended March 2024, even as its profitability saw a notable jump.

According to the company’s consolidated financial statements filed with the Registrar of Companies (RoC), D’Decor’s revenue from operations increased by 4.2 percent year-on-year, reaching Rs 816 crore in FY24, compared to Rs 783 crore in FY23.

The company, known for its extensive range of curtains, upholstery, bed linen, and bath products, operates both in domestic and international markets—exporting to over 65 countries and maintaining a presence in India through retail outlets and online platforms. The entire revenue for FY24 was generated through the sale of fabrics and made-ups, with no breakdown provided between domestic and overseas sales.

In addition to operational revenue, D’Decor earned Rs 37 crore from non-operating activities, bringing its total income to Rs 853 crore for the year.

On the expenditure front, raw material procurement formed a significant portion, accounting for Rs 308 crore or 39.2 percent of total spending. Advertising costs surged sharply by 173 percent to Rs 41 crore, while employee expenses, utilities, rent, freight, and other overheads led to a 4 percent increase in total expenditure, rising from Rs 755 crore in FY23 to Rs 785 crore in FY24.

Despite limited top-line growth, the company’s net profit rose by 20.5 percent, reaching Rs 53 crore in FY24, up from Rs 44 crore a year earlier. D’Decor spent Rs 0.96 to earn every rupee during the year. Its Return on Capital Employed (ROCE) improved to 14.09 percent, while EBITDA margins stood at 17.80 percent.

As of March 2024, the company reported total current assets worth Rs 547 crore, which included trade receivables of Rs 224 crore.

D’Decor faces competition from a mix of established and emerging brands, including The Yellow Dwelling, Peak XV-backed Vaaree, Furlenco, and Pepperfry, as the Indian home décor market becomes increasingly dynamic.

While the industry presents significant growth and margin opportunities, it remains highly competitive. "The outlook for the future will remain steady at best, considering the buffeting in export markets right now. Being profitable will help navigate the turmoil better of course, but don't count on a breakthrough move here," the report noted.

Orient Electric has announced a strategic collaboration with quick commerce platform Zepto, aiming to provide rapid delivery of its cooling and electrical products during the peak summer season. The brand’s campaign—“Hawa ke saath saath, Zepto ke sang sang, Get Orient Fans in 10 minutes”—emphasizes the importance of speed and convenience in meeting evolving consumer needs.

This initiative marks Orient Electric’s broader entry into the quick commerce space, as it expands its footprint on leading digital platforms to boost accessibility of its fans, appliances, and lighting solutions. The partnership is intended to align with modern consumer demands, particularly the growing expectation for on-demand service and instant product availability.

In support of the campaign, Orient Electric is deploying a mix of digital, social media, and out-of-home (OOH) advertising to increase brand visibility and engagement throughout the summer period. The communication strategy reflects a light, relatable tone designed to appeal to today’s convenience-focused shoppers.

Anika Agarwal, Chief Marketing & Customer Experience Officer said, “As we engage with an increasingly digital-first audience, our approach is focused on ensuring the brand is discoverable, desirable, and instantly accessible at key decision-making moments across the consumer journey. Last year, we doubled our growth on quick commerce platforms. This year, we’re building on that momentum with the aim to scale even further, driven by contextual communication, engagement-driven platform partnerships, and a deeper understanding of evolving purchase behaviors. At Orient, we’re leaning into this shift by curating a quick-commerce ready portfolio—products that are high in utility, relevant, and instantly shoppable. With Zepto, we’ve dialled up the freshness—not just in the product promise, but in the tone of voice. The communication brings a breezy freshness - easy to relate to, hard to miss—perfectly capturing the spirit of summer and the swift, no-wait world of quick commerce.”

As consumers increasingly prioritize speed, relevance, and seamless digital experiences, Orient Electric is positioning itself to stay competitive through platform partnerships and agile retail strategies. The collaboration with Zepto is aimed at strengthening its engagement with a digital-savvy customer base seeking immediate access to essential home solutions.

Private generic pharmacy retail chain Davaindia has launched its e-commerce platform in Pune, reinforcing its commitment to expanding access to affordable healthcare solutions. The digital platform integrates 60-minute delivery, multi-language support in 14 regional languages, and tech-enabled features designed to simplify medicine ordering and delivery for a wider customer base.

Davaindia currently operates over 100 company-owned (COCO) and 40+ franchise-owned (FOFO) stores across Maharashtra, including 28 COCO and 11 FOFO outlets in Pune. The city is also home to Davaindia’s 24/7 pharmacy at Rasta Peth, ensuring round-the-clock access to essential medications. A similar facility also operates in Mira Road, Mumbai.

The newly launched Davaindia Generic Pharmacy app—billed as the country’s first pharmacy app with full regional language support—offers customers access to over 2,000 products, with a focus on affordable generic alternatives to branded drugs. The platform allows users to search by brand, composition, or category, upload prescriptions, and receive deliveries within 60 minutes. A 10-minute in-store pickup option is also available.

Davaindia’s online services now span across 15 Indian states and over 60 cities, including major regions like Delhi, Gujarat, Karnataka, and West Bengal. In Maharashtra alone, the brand services over 600 pin codes. Customers can place orders through multiple channels, including the app, helpline, and WhatsApp.

Additional features include free physician consultations, prescription upload options, pharmacist support, and medication refill alerts. The platform also offers a range of customer engagement features such as discounts and rewards.

Sujit Paul, Group CEO, Zota Healthcare Ltd. said, “At Davaindia we are rewriting the playbook for healthcare in India by leading with high quality generic medicines alongside technology, speed and inclusiveness, we are making healthcare more democratic and affordable. Unveiling in Pune is one step to making India a healthier country, enabling every family in India, regardless of income or ability to speak the language, access safe, effective and affordable treatment, at the time they need it the most.”

As India continues to seek scalable solutions for affordable healthcare, Davaindia’s licensed retail model, supported by digital technology and strong local presence, positions it as a leading player in the evolving pharmacy retail sector. The latest launch reflects a broader strategy to drive healthcare accessibility through innovation, localization, and scalability.

Samsung India has introduced its Home Appliances Remote Management (HRM) tool, an AI-driven remote diagnostics and troubleshooting solution designed to reduce service delays and improve customer service efficiency. This launch strengthens Samsung’s capabilities in remote support, reinforcing its position as one of the leading players in the connected home ecosystem.

HRM enables Samsung’s customer service teams to remotely identify and resolve appliance issues without the need for physical technician visits. The system is integrated with Samsung’s SmartThings app, allowing real-time monitoring and control of registered smart appliances. When a customer contacts Samsung’s support team, the HRM platform automatically detects the appliance’s model and serial number using the brand’s CRM system. With customer consent, service advisors can remotely access the device to perform diagnostics and guide users through issue resolution steps.

“Samsung Service is at the forefront of home appliance diagnostics, leveraging advanced tools to identify issues with pinpoint accuracy. Through its smart diagnostics service, customers can get proactive solutions by troubleshooting and resolving problems remotely, minimizing the need for a technician visit. This breakthrough significantly reduces wait times, ensures faster resolutions, and provides timely updates on product maintenance, ultimately enhancing the customer experience,” said Sunil Cutinha, VP, Customer Satisfaction, Samsung India.

The HRM system supports a range of smart appliances, including air conditioners, refrigerators, and washing machines. It enables functionalities such as remote counseling, real-time system monitoring, and appliance control through the SmartThings platform.

A recent case from Chennai illustrates the platform’s efficiency. When Rohan Luthra experienced reduced cooling from his air conditioner during peak summer, he received a diagnostic alert via SmartThings. He contacted Samsung’s support through the app, and an advisor used HRM to remotely diagnose a clogged microfilter. The issue was resolved within minutes through guided customer instructions, eliminating the need for an in-home service visit.

With the rollout of HRM, Samsung aims to reduce operational inefficiencies and enhance post-sale service standards, aligning with broader retail trends in remote support and smart home integration.

Moët Hennessy India has announced the launch of the House of Glenmorangie Boutique at Ospree Duty Free, situated within the newly inaugurated international arrivals terminal at Chhatrapati Shivaji Maharaj International Airport, Mumbai. This retail development is Glenmorangie’s most expansive duty-free presence in India to date, offering travelers access to its broadest travel-exclusive portfolio in the country.

The Mumbai airport location becomes the second global installation of the Glenmorangie Boutique concept, following a similar execution at London Heathrow. The launch reflects Moët Hennessy’s efforts to elevate the premium liquor category within Indian travel retail and tap into a growing segment of luxury-seeking travelers.

The boutique features a curated range of single malt Scotch whiskies, including the Glenmorangie Original 12 Years Old, the 14 Years Old Quinta Ruban, and the Vindima 16 Years Old — the latter being exclusive to travel retail. Also included are Glenmorangie Infinita 18 Years Old, Aureum 21 Years Old, and the Grand Vintage 1998. High-value expressions such as Signet and Signet Reserve are also part of the offering.

In addition to Glenmorangie, the boutique includes a dedicated space for smoky single malts under the Ardbeg label, showcasing variants such as Ardbeg Smoketrails, Ardbeg 19 Years Old, and the ultra-premium Ardbeg 25 Years Old.

To support the launch, Ospree Duty Free is offering limited-time promotions, including pricing on the Glenmorangie Original 12 Years Old Twin Pack and other select products.

Smriti Sekhsaria, Marketing Director, Moët Hennessy India said, “The House of Glenmorangie Boutique at Ospree Duty Free is a testament to our ambition to bring elevated experiences and codes of consumption to the country. Through this showcase, we aim to offer an immersive journey into Glenmorangie’s world and provide travel-exclusive offerings to the Indian audience, amplifying their love for travel and the finest single malts from our portfolio.”

The boutique represents a strategic collaboration between Moët Hennessy India and Ospree Duty Free, reinforcing both companies’ commitment to growing their presence within India’s expanding duty-free and travel retail space.

American lifestyle brand GANT recently hosted an exclusive event at its store in Nexus Koramangala Mall, Bangalore, offering guests a firsthand experience of its latest collection. The event brought together fashion professionals, influencers, and loyal customers, aligning with the brand’s strategy to engage directly with its core audience in the Indian retail market.

The gathering served as a platform to highlight GANT’s seasonal offerings, including relaxed tailoring, nautical-inspired knits, and casual wear designed for daily use. The brand’s focus on blending traditional craftsmanship with modern functionality was reflected in the featured items aimed at bridging day-to-night and coast-to-city transitions.

Interactive styling sessions led by fashion influencers demonstrated the versatility of the collection. These sessions provided attendees with practical suggestions for contemporary styling, helping position GANT as a relevant choice for the modern Indian wardrobe.

The event also incorporated personalized shopping elements and curated services to enhance the customer experience and build deeper brand engagement within the local market.

Apoorv Sen, COO of ICONIC Fashion India said, “India is not just a market for GANT—it’s a community that understands and appreciates timeless style. This experiential event was designed to give our patrons a deeper connection with the brand and a firsthand look at the effortless sophistication that GANT stands for. We are thrilled to bring the brand’s global aesthetic to Bangalore’s discerning fashion audience and look forward to continuing our journey of redefining casual luxury in India.”

GANT's event in Bangalore is part of a broader strategy to reinforce its presence in India’s premium fashion retail segment through in-store activations and customer engagement experiences. The collection is available at the GANT store, Unit No. GF-05, Ground Floor, Nexus Koramangala Mall, Bangalore.

Retail leasing activity in Delhi-NCR recorded a 57 percent year-on-year growth during the January–March quarter of 2025, reaching 4.08 lakh sq ft, up from 2.6 lakh sq ft in the same period last year, according to real estate consultancy Cushman and Wakefield.

High street locations led the momentum, accounting for 61 percent of total leasing during the quarter. Monthly rentals at Connaught Place (Inner Circle) rose 14 percent year-on-year to Rs 1,150–1,250 per sq ft, while Khan Market saw a 7 percent increase, with average rents ranging between Rs 1,600–1,650 per sq ft.

Galleria Market in Gurugram registered the highest rental growth among the major high streets at 20 percent year-on-year, followed by Sector 29, Gurugram with an increase of 12–15 percent. In contrast, locations like South Extension and Rajouri Garden witnessed stable rents.

The leasing demand in NCR was led by Gurugram, which accounted for 52 percent of total leasing volume, followed by Noida (40 percent) and Delhi NCT (8 percent). High streets outperformed malls, with main street leasing tripling year-on-year, while mall leasing declined by 12 percent.

The Fashion and Food and Beverage (F&B) sectors were key drivers, each contributing 24 percent to the overall leasing share. The F&B segment, in particular, saw a notable increase in leasing activity, nearly doubling compared to the previous year. Other categories such as Entertainment (18 percent) and Department Stores (11 percent) also contributed to space take-up.

Despite the strong demand, no new malls were completed in Q1 2025. As a result, mall vacancy dropped by 38 basis points during the quarter and by 3.5 percentage points year-on-year to reach 12.1 percent. Premium malls reported tight vacancy levels of around 3 percent, while non-premium malls continued to face higher vacancy rates of around 20 percent.

At the national level, retail leasing across the top eight cities in India crossed 2.4 million sq ft in Q1 2025. This growth was supported by new supply in emerging locations. Hyderabad led the leasing activity, contributing 34 percent (0.8 million sq ft) of the total volume and registering a 106 percent year-on-year growth.

Saurabh Shatdal, MD, Capital Markets and Head–Retail, India at Cushman and Wakefield said, “India’s retail sector is evolving at a dynamic pace, and the strong leasing activity in Q1 2025 reflects growing market confidence. We’re seeing a clear trend where retail demand is following new, quality supply—cities with fresh developments are witnessing heightened transaction volumes. Beyond traditional malls, new retail hubs are emerging within mixed-use developments, including office and residential complexes. With close to 7 million square feet of new supply expected over the next three quarters—largely comprising premium Grade A malls—we expect this positive momentum to continue well into the year.”

Shalimar Paints has announced the appointment of Kuldip Raina as its new Managing Director and Chief Executive Officer, effective April 10, 2025, for a three-year term, according to an official company statement released on Saturday.

Raina brings over 30 years of experience in the consumer and industrial sectors. Before this appointment, he served as the CEO of Nerofix, a company under the Kansai Nerolac Paints Group. His professional background includes leadership roles at Jubilant Industries, Arvind Brands, and ITC.

He joined Shalimar Paints in May 2022 as Director – Sales, Marketing, and Strategic Sourcing, playing a key role in shaping the company's commercial and strategic direction.

Raina said, “The sector is evolving rapidly, driven by changing consumer expectations and emerging opportunities. Our focus will be on building a more agile organisation, driving innovation, and creating meaningful brand experiences that connect with today’s generation.”

Raina steps into this leadership position at a time when the Indian paints and coatings industry is experiencing shifts in consumer demand, product innovation, and increased competition across retail and project segments. His appointment is expected to further drive Shalimar Paints' growth strategy and operational transformation.

Professional skincare brand O3+ has announced its plan to achieve 30 percent revenue growth in FY26, as the company completes 21 years in the Indian beauty and personal care sector. Founded in 2004, O3+ has scaled its presence from a salon-only offering to a broader skincare portfolio across multiple channels, including retail, pharmacy, and digital platforms.

Currently, the brand’s products are used in over 50,000 salons across India, and it maintains distribution partnerships with platforms such as Nykaa and its own direct-to-consumer (D2C) website. O3+ is also present in pharmacy outlets and general trade stores, enabling wide accessibility across urban and non-metro markets.

According to industry projections, India’s beauty and personal care market is expected to reach $33.08 billion in revenue by 2025, with the skincare segment estimated at $10.48 billion. O3+ aims to leverage this anticipated growth with new offerings and an expanded presence.

Vidur Kapur, Director at O3+ stated, “O3+ was born with a vision to transform professional skincare in India, and we’re proud to be the first brand that comes to mind when consumers think of facials. As we complete 21 years, we’re no longer just a salon brand – along with the everyday skincare essentials and a strong D2C presence, we’re also leading innovation by introducing skincare solutions never seen before in India.The Indian beauty market is undergoing a transformative shift, fueled by a young, self-care-driven consumer and increasing demand for advanced skincare. This robust market growth inspires our ambitious 30 percent target for FY 2026, as we are prepared to leverage the momentum with our expanded offerings.”

With a focus on product innovation, omnichannel distribution, and sustainable practices, O3+ enters its 22nd year with a strategic roadmap aligned to the growth of India’s skincare and wellness sector.

Licious, a meat and seafood retail startup, has made changes to its leadership team with the appointment of Gaurav Mathur as Chief Technology Officer (CTO). The update follows the exit of Ajit Narayanan, who previously held the role of Chief Product and Technology Officer (CPTO).

The leadership transition was confirmed by both executives via their LinkedIn posts.

Narayanan, who joined the company in October 2022, expressed his appreciation to the founders, stating, “Abhay Hanjura and Vivek Gupta — thank you for the trust in me. Thank you for backing a long-term, tech-first approach in a category that desperately needed one. Your support made all the difference.”

Gaurav Mathur, who will now lead the company’s technology function, previously served as Head of Software Engineering at HealthPlix. Sharing his views on the appointment, Mathur wrote, “As a passionate believer in the power of technology to shape industries and elevate everyday experiences, I'm excited to be part of a mission-driven team that's redefining the way India consumes meat and seafood. Licious has always stood for trust, quality, and innovation - and I'm humbled to contribute to this next phase of transformation.”

In addition to the CTO appointment, Licious also hired Bhakti Shirke as Director – Talent Acquisition last week, marking another key leadership update. These changes come as the company continues to align its leadership with its growth and technology-driven strategy in the meat and seafood retail segment.

Godrej Pet Care, a subsidiary of Godrej Consumer Products, has officially entered the pet food segment with the launch of its new brand, Godrej Ninja. The product has debuted in Tamil Nadu, marking the company’s first step into the Rs. 5,000 crore pet food category within India's broader Rs. 6,000 crore pet care market.

Backed by a proposed Rs. 500 crore investment over the next five years, this move signals Godrej’s long-term strategic commitment to building a presence in the rapidly evolving pet care space. The company expects to capitalize on India’s increasing pet ownership and the rising demand for scientifically backed, packaged pet food.

The company’s newly launched product, Godrej Ninja, is a dry dog food developed at the Nadir Godrej Centre for Animal Research & Development. It focuses on gut health and immunity, using ingredients such as probiotics, prebiotics, and polyphenols.

Godrej Ninja has been formulated specifically for Indian conditions and local breeds, incorporating 37 nutrients including vitamins, omega-3 fatty acids, and phytonutrients. It has been developed in collaboration with veterinary experts and adheres to Indian, US, and EU regulatory standards. The product is available in variants for puppies and adult dogs, with pricing starting at Rs. 20 for a 100g pack, and going up to Rs. 640 for a 3kg pack.

Robert Menzies, Chief Executive Officer, Godrej Pet Care (GPC) said, “Godrej Pet Care represents a long-term commitment from the Godrej Industries Group to build a world-class business in the exciting high-growth space of Indian pet care. The business brings together the animal nutrition expertise of Godrej Agrovet with the marketing muscle of Godrej Consumer Products, all under the trusted brand of Godrej. Godrej Ninja is the first brand launch under the GPC umbrella, offering healthy dog food at an accessible price point. Tamil Nadu is a key market for pet food, with approximately 2–3 million pet parent households. It’s a very important state for Godrej’s Consumer business, and we are thrilled to be launching here as a first step towards nationwide expansion.”

Ashok Pattanaik, Head, Research and Development, Godrej Pet Care (GPC) and former principal Scientist at Indian Veterinary Research Institute, emphasised, “As humans, we instinctively balance our diets for immunity—curd for probiotics, rice and chapati for energy, and chicken or fish for protein. Similarly, pet dogs need a complete and balanced diet with Fibre, Minerals, and Vitamins, and additional select supplements to ensure a healthy gut and overall immunity. Many pet parents express love by feeding home-cooked meals, but these often lack essential nutrients, leading to nutritional deficiencies and imbalances. With nearly 70 percent of a dog’s immune system in the gut, poor nutrition weakens immunity. As per various reports, gastrointestinal issues make up nearly 30 percent of vet visits, highlighting the need for precise, scientifically formulated pet food with appropriate immunonutrients ensuring optimal gut health and overall well-being.”

Nitin Jain, chief operating officer, Godrej Pet Care (GPC) and a pet food industry veteran said, “Godrej Ninja is the result of years of rigorous research and development, designed to improve a pet dog’s gut health and their immunity by providing complete and balanced nutrition. All ingredients are triple-checked for quality. Each kibble of Godrej Ninja ensures consistent nutrient intake, reducing the risk of falling sick. Godrej Ninja is available for both puppies and adult dogs in three convenient pack sizes. For adult pet dogs, the pack options are 100g for Rs. 20, 1kg for Rs. 239, and 3kg for Rs. 610. For puppies, the available sizes are 100g for Rs. 20, 1kg for Rs. 259, and 3kg for Rs. 640.”

Currently, the Indian pet food market sees limited penetration. Only about 10 percent of Indians own pets, and among them, only 10 percent use packaged food—just 40 percent of the time. In comparison, China sees a 25 percent calorie conversion rate from packaged pet food, with a 20 percent pet ownership rate.

Baby & Mom Retail, a leading House of Brands in India specializing in baby care, skincare, pet care, and bedding solutions, has announced the launch of its new healthcare and consumer electronics brand – CORVELL. This marks the company’s sixth brand addition alongside OYOBABY, NEWISH, AMORITE FOR PETS, REDCOP, and GADDA CO.

Positioned as a high-quality, made-in-India healthcare equipment brand, CORVELL aims to make smart healthcare solutions more accessible, reliable, and affordable. The products are clinically tested and approved by regulatory bodies, including the Government of India, ensuring adherence to safety and quality standards.

The brand’s flagship product—a smart nebulizer—focuses on respiratory care with features like ultra-quiet operation (55 dBA), adjustable nebulization rates, and the delivery of fine mist particles (0.05–5 microns) for deep lung penetration. Designed to be family-friendly, durable, and easy to maintain, CORVELL’s equipment combines medical-grade precision with user convenience.

Recognizing the increasing demand for healthcare products in the wake of the COVID-19 pandemic and rising respiratory ailments, the brand seeks to address these everyday health concerns effectively.

“The Indian respiratory devices market is valued at $5.8 billion in 2024 and is expected to reach $9.8 billion by 2033. With the history of COVID-19, there is a prevalence of respiratory conditions like asthma, COPD, and sleep apnea. Providing this, CORVELL, with the mission to blend innovation and care, ensures that every product supports a healthier lifestyle while maintaining the brand’s core value of quality and trust. We are excited to provide healthcare products originating in India, addressing everyday health concerns,” said Shish Kharesiya, Founder and CEO of Baby & Mom Retail.

CORVELL products will be available online on major e-commerce platforms such as Amazon, Myntra, Flipkart, and Meesho, ensuring easy accessibility for customers nationwide. With a focus on bridging the gap between affordability and quality, Baby & Mom Retail aims to make healthcare essentials more reachable for the Indian consumer without compromising on excellence.

Le Creuset, the French cookware company founded in 1925 in Fresnoy-le-Grand, is set to mark its 100th anniversary in 2025 with a series of global initiatives that reflect its heritage and ongoing relevance in the culinary and kitchenware retail sectors.

Known for its cast-iron cookware and distinctive use of colour, Le Creuset has expanded its global presence over the past century, becoming a recognised brand in kitchens worldwide. The company’s centenary celebration will include both digital and in-person activations, alongside a limited-edition product release.

Paul van Zuydam, Owner and Chairman of Le Creuset said, “Le Creuset cookware has long captivated hearts around the globe with its exceptional beauty and unparalleled craftsmanship. For over a century, the brand has embodied a dedication to creating heirloom-quality pieces that inspire cherished memories and culinary traditions. This historic milestone not only honors our heritage and our place in kitchens worldwide, but also reaffirms our commitment to innovation, excellence, and culinary inspiration—fostering new memories and culinary traditions for generations to come.”

As Le Creuset enters its second century, the company remains focused on maintaining its retail footprint across global markets while continuing to drive innovation in product design and consumer engagement.

Jain Amar, the parent company of apparel brands Madame, Camla Barcelona, and mSECRET, has announced the appointment of Akhil Jain as its new Managing Director and Chief Executive Officer. This leadership transition is a significant step in the company's strategic direction as it focuses on enhancing operational efficiency, sustainable growth, and long-term value creation.

Jain, a member of the promoter family, brings over 20 years of experience across all functions of the company. Prior to this elevation, he served as Executive Director, where he played a key role in driving innovation in brand positioning, technology adoption, and retail strategy. An alumnus of the National Institute of Fashion Technology (NIFT), Jain has also completed executive programs at Harvard and IIM Ahmedabad.

The announcement was made at the recently held Jain Amar Leadership Summit 2025, which was attended by the top 25 executives of the company, including the Board of Directors and department heads. Themed “From Vision to Execution,” the summit focused on aligning leadership around strategic goals related to revenue, profitability, and accountability, with the broader objective of preparing the company for a potential IPO by 2027.

In his new role, Jain will lead the execution of a transformation roadmap that includes:

• Expanding across physical and digital retail channels
• Establishing a unified organizational structure
• Implementing a Decision-Action-Responsibility (DAR) governance framework
• Enhancing review and budget control mechanisms
• Strengthening leadership development and technology integration

Jain stated, “This is not just a new role—it’s a new rhythm. We’re moving from isolated departments to a single unified movement. I believe Jain Amar’s next era will be defined by how well we align people, process, and purpose. I’m grateful for the trust placed in me and excited to lead this extraordinary team into the future.”

The Board expressed confidence in Jain’s ability to steer the company through a fast-changing retail landscape, noting that his elevation comes at a time when the fashion industry is adapting to digital disruption, evolving consumer expectations, and the need for increased agility.

Beauty and fashion retailer Nykaa has projected continued revenue growth in the low to mid-20 percent range for the fourth quarter of FY25, in line with its performance across the fiscal year. The company shared the estimates in a recent statement to the stock exchanges, highlighting steady performance across its core business segments.

For the full financial year FY25, Nykaa expects its revenue to grow at a similar mid-twenties rate, indicating consistent momentum throughout all four quarters.

In the third quarter, Nykaa reported a 27 percent increase in revenue, along with a net profit of Rs. 26 crore, marking a 60 percent year-on-year rise. The company attributes this growth to multiple factors across both its beauty and fashion verticals, with the beauty segment seeing a stronger performance.

The gross merchandise value (GMV) for the beauty vertical is anticipated to grow in the low thirties on a year-over-year basis. This exceeds industry benchmarks and is driven by ongoing investments in customer acquisition, a steady rise in order volumes, and the expansion of its offline retail footprint, including 19 new store openings in Q4 FY25.

Nykaa also cited improved same-store sales and solid performance across both its homegrown and acquired brands under the "House of Nykaa" umbrella as additional growth drivers.

The fashion segment, however, is expected to post GMV growth in the high teens. The company noted a sequential improvement in the core platform business but acknowledged weaker growth from fashion-owned brands and reduced content-related activity in Q4, which typically peaks in the previous quarter.

Despite the slower momentum in its fashion vertical, Nykaa continues to benefit from a balanced omnichannel approach and category diversification. The company’s outlook suggests a focus on scaling its retail presence and optimizing digital engagement to sustain long-term growth.

UNIQLO has introduced its global initiative, The Heart of LifeWear, in the Indian market as part of a broader campaign aimed at distributing over one million pieces of new clothing to underserved communities worldwide. In India, the initiative will see the donation of 10,000 AIRism T-shirts to underprivileged school children across Delhi NCR, targeting distribution during the peak summer season.

To support the initiative’s on-ground execution, UNIQLO has partnered with the Khushii Foundation, a non-profit organization focused on child welfare and education. The partnership is intended to ensure that clothing donations are delivered efficiently to children located in schools, community centers, and vulnerable communities throughout April and early May 2025.

Kenji Inoue, Chief Financial Officer and Chief Operating Officer, UNIQLO India said, “UNIQLO has always believed in making a difference – not just through its clothing, but by giving back to society, and improving everyday lives in meaningful ways. Through our global initiative, The Heart of LifeWear, we are providing clothing support to the children of Khushii Foundation, keeping them cool and comfortable through the scorching summer season. This initiative is a small way of expressing our gratitude to Indian society while reaffirming our commitment to creating a positive impact. We hope this initiative brings the children some much-needed comfort and joy."

The Indian rollout of The Heart of LifeWear aligns with the campaign’s global objective to improve quality of life through access to functional, high-quality clothing. In regions like North India, where summer temperatures are extreme, access to breathable fabrics such as UNIQLO’s AIRism—known for its sweat-wicking and lightweight properties—can significantly improve comfort for children during their daily routines.

The initiative also marks a milestone in UNIQLO’s broader corporate social responsibility (CSR) strategy, launched in conjunction with the company’s 40th anniversary. The campaign is structured around the question, “What makes life better?”—reinforcing the brand's commitment to combining product innovation with social impact.

Thampy Koshy, the Managing Director and Chief Executive Officer of the Open Network for Digital Commerce (ONDC), has stepped down after a three-year tenure. His departure leaves the organisation under the temporary supervision of its 10-member board, according to individuals familiar with the development.

Koshy’s exit will be effective June 30. As of now, there are no confirmed plans to appoint a successor, said a third source aware of the matter.

ONDC confirmed the development in an official statement, noting that Koshy had expressed his intention to step down while supporting the leadership transition. “The MD and CEO responsibilities have been transitioned to an executive committee with Koshy available to the board over the next 3 months for advise,” the statement said.

The company acknowledged its growth trajectory under Koshy's leadership, noting, “ONDC has witnessed remarkable growth in under three years, surpassing 200 million transactions and making strong strides toward its mission of democratising e-commerce in India. As with any dynamic and evolving organisation, a leadership change is currently underway.”

This leadership change follows other recent departures from the organisation. In May, Chief Business Officer Shireesh Joshi resigned citing personal reasons, and in December 2023, R.S. Sharma stepped down from his position as non-executive chairperson after four months in the role.

ONDC continues to prioritise eight core domains, including food and beverage, grocery, and financial services. A source close to the matter noted that while the organisation is expanding its verticals, it remains cautious about overextending its resources.

Before his role at ONDC, Koshy served as Executive Director at National Securities Depository Limited (NSDL) for over 14 years and later as Partner at consulting firm EY for more than a decade.

ONDC was launched in December 2022 by the Department for Promotion of Industry and Internal Trade (DPIIT) as a public digital infrastructure initiative aimed at decentralising the e-commerce ecosystem. The network seeks to reduce entry barriers for sellers, standardise marketplaces, and improve logistics integration, aiming to drive economic inclusion.

Positioning itself as the "UPI of e-commerce," ONDC has aimed to function as a network rather than a platform. As of March 2025, the network recorded over 16 million orders in a single month, according to a post on ONDC’s LinkedIn page.

The network has diversified into various verticals over time, including quick commerce, with reported plans to offer grocery delivery in 30 minutes to two hours. It also entered the insurance and mutual fund sectors in August through sachetised financial products.

Despite its expansion, ONDC has faced challenges scaling categories like fashion, personal care, and grocery, reflecting the complexities of growing e-commerce adoption in a country where less than 10 percent of the population shops online. Some network participants have adjusted their strategies accordingly—PhonePe, for instance, pulled out of most non-food categories in early 2024, continuing only with unreserved train ticket bookings.

Addressing such developments, Koshy had earlier stated, “The network is formed to empower democratisation, not socialism. Firms are allowed to choose categories depending on their bandwidth and expertise. Just because something may not work for one player doesn’t mean it was built to fail.”

The leadership transition at ONDC marks a significant point in the organisation's evolution, as it evaluates strategic priorities while aiming to scale operations and build deeper industry participation.

Bradford License India has added Zoonicorn, a global preschool brand available in over 100 countries, to its licensing portfolio. The brand's animated series, jointly produced by Toonz Entertainment and Zoonicorn, LLC, is nearing completion of its third season, bringing the total number of original episodes to 130.

Zoonicorn is positioned within the Mental, Emotional, and Social Health (MESH) framework for preschool content. Each episode addresses key developmental themes such as optimism, determination, and resilience. The series was created by Mark Lubratt and developed with input from Emmy Award-winning showrunner Mark Zaslove, known for his work on Winnie the Pooh, Lazytown, and Bob the Builder. Music for the series is composed by Emmy winner Rich Dickerson.

Zoonicorn’s licensing efforts are expanding, with products set to be launched by partners including United Smile (master toy licensee), Jay@Play, Teddy Mountain, and SRM Entertainment. These include plush toys, playsets, DIY plush kits, and backpacks. The merchandise will be available online through a dedicated Amazon portal as well as on platforms such as Walmart, Target, Kohl’s, and Michaels.

In India, the character and entertainment licensing industry is growing at a compound annual growth rate (CAGR) of 12–15 percent. Children’s brands account for close to 40 percent of the segment, supported by increasing demand for licensed merchandise across categories like toys, apparel, books, and stationery. With more than 400 million children aged 0–14 and a significant uptick in digital consumption through OTT platforms, India presents a key growth market for kids’ entertainment IPs.

Bradford License India will lead the brand’s expansion into product categories including toys, apparel, educational merchandise, home décor, and location-based entertainment. The company will focus on developing new retail partnerships to grow Zoonicorn’s visibility and market share in India.

Gaurav Marya, Chairman of Bradford License India stated, "Zoonicorn is a one-of-a-kind property that blends entertainment with positive learning, making it an exciting addition to our portfolio. The brand’s strong storytelling and universal appeal position it perfectly for licensing expansion across multiple categories in India. We are eager to collaborate with top-tier licensees and retailers to bring Zoonicorn to a new generation of young fans."

J’net Smith, Brand Director/Master Agent Global Licensing for Zoonicorn added, "Zoonicorn’s playful, adventure-filled storytelling inspires young children and helps them navigate social emotional issues with optimism and resiliency. We are thrilled to partner with Bradford License India to bring this brand to the Indian market. With their expertise, we look forward to expanding Zoonicorn’s presence through unique and high-quality licensed products that reflect the brand’s core values."

This partnership reflects the broader trend of international kids' entertainment properties entering the Indian market, aiming to leverage local demand for character-based consumer products and enhance retail engagement in the preschool segment.

In a move that expands the Korean beauty segment in India’s retail and wellness space, kindlife has announced the exclusive launch of South Korean skincare brand Frudia on its platform. The introduction adds to kindlife’s growing portfolio of international brands catering to Indian consumers interested in skincare rooted in natural ingredients and innovation.

Frudia, derived from the words fruit and the Greek dia, reflects the brand’s core concept of using fruit-based ingredients in skincare. Backed by more than three decades of research, the brand uses its proprietary R VITA W process—a low-temperature extraction method designed to preserve the nutrient profile of fruit-based actives.

“We are excited to introduce Frudia to the Indian market. Frudia is the OG fruit-based skincare brand and aligns perfectly with our philosophy of making high-quality Korean beauty brands accessible to young Indian consumers,” said Radhika Ghai, Founder and CEO of kindlife.

Frudia's product lineup includes targeted skincare designed to address specific concerns, each using high concentrations of fruit extracts. Examples include:

• Blueberry Hydrating Line – features antioxidant-rich blueberries for hydration
• Green Grape Pore Control Line – uses tannic acid from grapes to refine pores and balance oil

“Gen Zillennials want innovative, highly effective products and brands that are trending. As the ultimate destination for young consumers, we’re thrilled to revolutionize their beauty game by bringing them authentic and the freshest Korean beauty,” Ghai added.

Key products now available on kindlife include:

• Frudia Citrus Brightening Cream – formulated with citrus extracts to help fade dark spots and hydrate skin (Rs 1,999)
• Frudia Blueberry Hydrating Honey Lip Balm – made with blueberry and honey to repair and moisturize lips (Rs 549)
• Frudia Green Grape Pore Control Serum – targets oil control and pore tightening using green grape extract (Rs 1,799)

All products are now live on the kindlife platform.

Since its inception three years ago, kindlife has expanded its platform to feature over 1,000 brands and built a community of 2.5 million users. With the continued growth of K-beauty in India, the platform aims to bridge the gap between global skincare innovations and Indian retail consumers. The addition of Frudia reinforces kindlife’s strategy of growing its international skincare offerings while responding to consumer demand for effective, ingredient-led products.

Darshan Mehta, former Managing Director and CEO of Reliance Brands Ltd. (RBL), passed away on Wednesday after suffering a heart attack, according to a source close to the matter, as reported by Indiaretailing. His passing marks a significant loss for the retail and fashion industry in India, where he was widely regarded as one of the key architects of the country’s premium and luxury retail landscape.

Mehta had been part of Reliance Brands since its inception in 2007, leading the company for over 17 years. During his tenure, he played a pivotal role in building the foundation of India’s modern retail ecosystem by introducing and scaling more than 90 international fashion and lifestyle brands across the country. These included brands such as Valentino, Versace, Armani, Bottega Veneta, Coach, Jimmy Choo, Pottery Barn, Muji, Zegna, and Boss.

After stepping down from his executive responsibilities in 2024, Mehta remained closely associated with the group. He transitioned into a mentorship role within the Reliance Group and continued to serve as a non-executive director on RBL’s board. Even after moving out of day-to-day operations, he was involved in shaping business strategy and mentoring new leaders.

Before joining Reliance, Mehta led Arvind Brands Ltd. as its President from 2001 to 2007. His efforts during that period contributed significantly to building India’s early branded apparel portfolio, a move that would later become foundational to the country’s organised fashion retail market.

Known for his strategic vision and deep understanding of consumer behavior, Mehta was among the first to identify the long-term potential of global luxury retail in India. Colleagues and industry peers recall his ability to build relationships and navigate complex markets with a calm yet decisive approach.

Darshan Mehta is survived by his family. Details about the funeral are awaited.

Tim Hortons India has achieved a significant milestone with the launch of its 40th store in the country, located at the bustling food court of Terminal 3 at Indira Gandhi International Airport (IGIA), New Delhi. The new outlet marks the iconic Canadian coffee chain’s third location at India’s busiest airport, further cementing its strategic presence in high-traffic transit zones.

Fully operational and serving passengers and airport staff 24/7, the Terminal 3 outlet offers Tim Hortons’ complete menu of signature beverages, snacks, and meals. This includes everything from its beloved coffee blends to freshly prepared sandwiches, wraps, and salads—tailored to cater to travellers seeking quality and comfort on the go.

Tarun Jain, CEO, Tim Hortons India shared, “Opening our 40th store is a significant milestone—not just in terms of growth, but as a reflection of our commitment to bringing the authentic Tim Hortons experience to more people across the country. Our expansion strategy is focused on building a strong presence in key locations where there's a demand for premium experiences. Our airport presence is a great example—it's not just about being in Terminal 3, but about creating a well-rounded offering across major transit hubs. From freshly crafted sandwiches, wraps, and salads to our signature beverages, our menu is designed to deliver both quality and comfort. The overwhelming response from our guests has been incredibly encouraging, pushing us to move forward with even greater momentum—and we’re excited for what lies ahead.”

Since its debut in the Indian market in 2022, Tim Hortons has steadily expanded its footprint across metropolitan regions and travel-centric destinations. With locations now in cities such as Delhi NCR, Mumbai, Bengaluru, Pune, Chandigarh, and Ludhiana, the brand has maintained a strong growth trajectory, placing a strategic emphasis on dynamic spaces like airports and premium malls.

Globally, Tim Hortons has won over coffee lovers with its warm hospitality and iconic brews since its founding in Canada in 1964. With more than 5,100 restaurants across 15 countries, the brand has continued to grow through a thoughtful blend of international expertise and local flavour.

In India, the chain’s ability to localise its offerings while maintaining global standards has resonated well with consumers, making it a standout name in the premium coffee segment. The latest opening at IGIA is a testament to Tim Hortons India’s ambition of becoming an integral part of the country’s café culture, one cup at a time.

FINO Tequila, one of the premium Mexican tequila brands co-founded by Indian cricket icon Yuvraj Singh, has officially launched in India. After its debut in the United States, starting with Chicago, FINO now enters the Indian market exclusively through Mumbai Duty Free, underscoring its ambition to become a globally recognised lifestyle brand.

Crafted in the highlands of Jalisco, Mexico, FINO is made from 100 percent blue Weber agave. Grown in Jalisco’s distinctive red soil and climate, this agave produces a naturally sweeter profile with a deeper aroma, resulting in a tequila that’s both refined and authentic. FINO stands out not only for its craftsmanship but also for the powerful philosophy it embraces—“Failure Is Not an Option.”

Yuvraj Singh, sharing the vision behind the brand, said, “FINO is about resilience, excellence, and pushing limits—just like in cricket and life.”

The brand’s Indian debut includes three standout variants, each tailored to different tastes and experiences. The Blanco variant is crisp and herbaceous, offering a refreshing palate with notes of vanilla, mint, and a hint of cinnamon. For those drawn to innovation, the Rosado presents a blush-pink hue inspired by rosé, delivering delicate red berry notes paired with soft floral undertones—an elegant expression of grace and boldness. Meanwhile, the Añejo is designed for the connoisseur, offering a rich and complex profile with flavours of ripe melon and luscious vanilla, rounded off by a silky finish and subtle touches of tobacco.

These premium tequilas are priced at Rs. 20,000 for Blanco, Rs. 25,000 for Rosado, and Rs. 30,000 for Añejo, and are currently available exclusively at Mumbai Duty Free.

Beyond being just a luxury spirit, FINO positions itself as a lifestyle brand, celebrating ambition and the pursuit of excellence. With future plans to expand its product portfolio and presence, the brand’s entry into India marks just the beginning of its journey to connect with bold, modern consumers across the globe.

Alcatel, the renowned French consumer technology brand, has announced a strategic retail partnership with Flipkart. As part of this collaboration, Alcatel will introduce its latest lineup of smartphones on both Flipkart’s primary platform and its rapid delivery service, FK Minutes.

This move underscores Alcatel’s continued commitment to expanding its presence in India by delivering premium yet accessible technology. The brand’s “Make in India” smartphones aim to blend innovative features with sleek French aesthetics, catering to the needs of digitally savvy consumers across metros as well as Tier II and Tier III cities.

By leveraging Flipkart’s expansive reach and market intelligence, Alcatel plans to drive a digital-first strategy, focusing particularly on India’s burgeoning youth segment. The partnership seeks to bridge urban and emerging markets, providing next-generation smartphones designed to suit the dynamic lifestyles of modern consumers.

“As we chart our path forward, our vision is to build a complete ecosystem of products that deliver a truly connected and unified experience for Indian consumers. We are enthusiastic about our upcoming launches and the steady expansion of our footprint in the Indian market. This strategic partnership with Flipkart is instrumental in bringing that vision to life. Leveraging Flipkart’s expansive reach and deep market insights, we aim to offer high-quality products backed by a reliable, seamless after-sales service, ensuring an elevated consumer experience across the country,” explained Atul Vivek, Chief Business Officer, Alcatel India. 

Ansh Rathi, Chief Operating Officer, Alcatel India commented, “We are proud to join hands with Flipkart to bring world-class quality and service to Indian consumers. This collaboration marks a significant step in elevating the smartphone experience by introducing feature-rich, premium devices at compelling price points. At Alcatel, our commitment lies in creating a seamless, connected ecosystem across devices and platforms. Guided by our core philosophy of delivering exceptional product experiences, we believe Flipkart’s vast network will help us build strong, meaningful connections with the youth across both urban and emerging markets in India.”

In addition to product launches, Alcatel is also focusing on building a robust service infrastructure across the country to ensure swift and dependable after-sales support for its customers. Looking ahead, the brand plans to expand its portfolio beyond smartphones, with a vision to create a fully integrated technology ecosystem of connected devices that enhance everyday experiences for Indian consumers.

With this partnership, Alcatel sets the stage to redefine accessibility and innovation in the Indian smartphone market, combining global excellence with local insight.

AstorMueller AG, the renowned Switzerland-based European footwear company known for premium brands like bugatti, TT.BAGATT, and Salamander have officially announced the launch of their Indian joint venture — nuvora.

This strategic move is part of the company’s long-term vision to establish India as one of its most significant markets globally. With nuvora, AstorMueller aims to fast-track its expansion and deepen brand penetration to cater to India’s fast-evolving and diverse consumer base.

With over a century of legacy, AstorMueller has earned a global reputation for designing high-quality footwear that effortlessly fuses fashion with functionality. Its flagship brands, bugatti and TT.BAGATT, have become synonymous with contemporary European craftsmanship. While bugatti is widely admired for its refined and versatile men’s footwear, TT.BAGATT brings a bold, fashion-forward aesthetic to women’s shoes and accessories.

To harness India’s booming demand for international lifestyle products, AstorMueller has partnered with the Gaurik Group, a prominent name in India’s premium retail space known for operating exclusive brand outlets across the country.

“We are delighted to introduce nuvora, a boutique organisation in the Indian luxury retail market which envisions a world where Fashion is Effortless, Personalized, and Deeply Connected to the Individuality of every customer. In a continent sized market like India where cultures and tastes differ from region to region, having a localised structure with decades of experience will help us grow exponentially and turbocharge market penetration. Though our identity is evolving, our dedication to technology, craftsmanship and community remains steadfast, what transforms is the pace of our growth, execution, and development,” said Sandip Baksi, CEO, nuvora.

“nuvora marks an exciting new chapter in our Indian journey enabling us to efficiently expand our reach and deliver an exceptional consumer experience. We see immense potential in this partnership and are confident that it will redefine the premium footwear landscape in India,” added Sirish Kumar, CEO, AstorMueller India.

Looking ahead, nuvora has set ambitious plans in motion to expand across India’s top 20 cities. The growth strategy includes a robust multi-channel approach—both online and offline—alongside the launch of 10 to 12 exclusive Bugatti stores in the current fiscal year.

Imagine Marketing, the parent company of wearables brand boAt, has confidentially filed draft documents with the Securities and Exchange Board of India (SEBI) for a potential initial public offering (IPO). The filing was done through the pre-filing route, which allows companies to keep details of their Draft Red Herring Prospectus (DRHP) confidential during the initial phase of regulatory review.

In an official public notice issued on Monday, the company stated, “The company has filed the Pre-filed Draft Red Herring Prospectus with SEBI and stock exchanges under the ICDR (Issue of Capital and Disclosure Requirements) Regulations to the proposed IPO of its equity shares on the main board of the stock exchanges.” It also clarified that this step does not guarantee the IPO will ultimately proceed.

This marks Imagine Marketing’s second attempt at a public listing. The company had earlier filed for a Rs. 2,000 crore IPO in January 2022, which included a Rs. 900 crore fresh issue and an offer for sale (OFS) of Rs. 1,100 crore. That plan was later shelved due to market volatility.

Established in 2013 by Aman Gupta and Sameer Mehta, Imagine Marketing has rapidly expanded its presence in India’s consumer tech segment. Under the boAt brand, the company offers a broad range of products, including audio devices, smart wearables, grooming tools, and mobile accessories, making it a familiar name in Indian households.

The move to opt for the confidential pre-filing route reflects a growing trend among Indian startups and established enterprises. Notable companies such as Tata Capital and edtech unicorn PhysicsWallah have recently pursued the same route. In 2024, Swiggy and Vishal Mega Mart also launched their IPOs successfully after going through this process.

Industry experts note that the pre-filing mechanism provides companies with greater flexibility and reduces the pressures of early public scrutiny. Unlike the conventional IPO route—which requires a company to launch its public issue within 12 months of SEBI approval—the confidential pathway gives firms up to 18 months to act following final regulatory comments.

Mumbai-based electric mobility company eBikeGo Private Limited, an official licensee of Acer, is expanding its presence in India’s retail sector with the rollout of Acer-branded electric vehicle outlets. As part of its national growth strategy, eBikeGo has initiated store development across 10 Indian cities to cater to both B2B and B2C demand for electric two-wheelers and e-cycles.

The new retail outlets are being established in Jaipur, Aurangabad, Visakhapatnam, Warangal, Kolhapur, Nagole, Kannur, Coimbatore, Pune, and New Delhi. These stores will exclusively showcase Acer-branded EVs that have been developed under the licensing partnership with Acer, aimed at offering electric mobility options suited for Indian road conditions.

Hari Kiran, Co-Founder and COO of eBikeGo said, “We at eBikeGo are elated to announce our significant expansion in 10 cities across PAN-India, which has been made possible within only a few months, based on our strategic approach of setting up Acer Electric Vehicles retail outlets across various states. This rapid expansion underscores our commitment to eco-friendly transportation while positioning eBikeGo as a pivotal player in the Indian EV market and promoting a green and sustainable future for all Indians. It also enables us to put the spotlight on eBikeGo’s cutting edge e-2Ws products’ lineup, including our e-cycles, and e-bikes and trikes. The overwhelming response we have received for eBikeGo’s store expansion and the feedback we have received for the Acer brand, serves as a testament to the strong brand appeal and speaks volumes about our credibility. With our wide portfolio of reliable EVs tuned to the Indian roads and consumer requirements yet boasting world-class standards, we shall continue to expand and grow our retail store network furthermore across the nation.”

The retail stores will also serve to fulfill orders from government and enterprise clients, in addition to catering to end consumers. eBikeGo’s current product lineup includes a maxi-speed electric scooter, a lightweight e-bike, and an e-cycle—all adapted to Indian terrain with an emphasis on meeting international quality benchmarks. Many of these outlets are scheduled to be operational by the end of this quarter.

With this retail push, eBikeGo aims to strengthen its market presence in India’s growing EV segment and position itself as a key player in the country’s electric mobility ecosystem.

Britannia Industries, in collaboration with WPP, has introduced a pilot initiative aimed at enhancing accessibility in India’s retail sector. Called Britannia A-Eye, the solution leverages Google Gemini and is built on Vertex AI Multimodal Live. The pilot is being tested at a MORE Supermarket outlet in Bengaluru from March 28, 2025, in partnership with MORE Retail and Mithra Jyoti, an NGO working with the visually impaired.

Britannia A-Eye transforms a smartphone into a voice-assisted shopping tool, enabling users to navigate retail environments independently. By scanning their surroundings through their smartphone cameras, users receive audio responses that help them identify products, access details like pricing, ingredients, nutritional content, and expiry dates. The feature is currently enabled for Britannia’s product portfolio, and its design is adapted to individual store layouts.

This initiative utilizes multimodal AI capabilities from Google Cloud, allowing for real-time navigation and product identification in retail environments. The solution aims to reduce dependence on external assistance for visually impaired consumers and increase autonomy during in-store shopping.

Siddharth Gupta, General Manager - Marketing, Britannia Industries said, "At Britannia, we believe that technology has the power to break barriers and create a more inclusive world. Britannia A-Eye is a testament to how innovation can revolutionize inclusivity in retail. This initiative is not just about leveraging cutting-edge technology—it’s about fostering equity and independence for all consumers. We are proud to be at the forefront of this transformation and look forward to shaping the future of inclusive retail."

Daniel Hulme, Chief AI Officer at WPP added, "Our partnership with Google is about pushing the boundaries of AI-driven innovation. With Britannia A-Eye, we’re not just creating technology—we’re redefining inclusivity in retail, proving that AI can be a force for good, transforming lives and empowering communities. While this initiative is still in its early days, it holds the promise of fundamentally changing the way retail is experienced, ensuring accessibility is not an afterthought but a standard for all."

Amar Jain, Co-Founder of Mission Accessibility said, "For the visually impaired, the ability to shop independently is not just about convenience—it’s about dignity. Britannia A-Eye is a powerful step towards ensuring that visually impaired individuals can experience shopping as it should be—autonomous, seamless, and barrier-free. It’s inspiring to see technology being used in such a transformative way, and I hope this paves the way for a more inclusive ecosystem across industries."

Vidhyashankar Jayaraman, Chief Merchandising and Marketing Officer at More Retail Pvt Ltd commented, "Retail should be accessible to all, and Britannia A-Eye is a bold step towards making that vision a reality. This initiative ensures that visually impaired shoppers can navigate stores and make informed decisions independently. We are proud to be part of a movement that is setting new standards in inclusive retail."

The pilot implementation was supported by Mithra Jyoti, with the aim to assess and improve the shopping experience for visually impaired consumers in a live retail setting.

Eveready Industries India Ltd has launched an upgraded version of its Carbon Zinc battery. The product enhancement, which includes a 3X improvement in performance, is aimed at further strengthening Eveready’s position in the Indian retail sector.

The newly launched Carbon Zinc battery features 3X Electrolytic Manganese Dioxide (EMD) power, designed to deliver improved performance across everyday devices. According to the company, the batteries undergo a stringent quality protocol with 300 performance assessments and offer a shelf life of up to 3 years. The product also incorporates anti-leak technology to help protect devices.

Anirban Banerjee, Senior Vice President and SBU Head (Batteries and Flashlights), Eveready Industries India Ltd stated, “Eveready holds a leadership position in India’s dry cell battery industry, especially in the Carbon Zinc segment. This launch aligns with our continuous endeavour to offer dependable and durable power solutions to consumers. The latest product offering highlights Eveready’s sheer commitment towards catering to the evolving needs, adding value and becoming a trustworthy power source for various household applications.”

Eveready currently commands over 50 percent market share in the dry cell battery category, with the Carbon Zinc segment driving a significant portion of this leadership. The advanced battery range is available in packs of 10, priced at Rs 18 per unit.

The company is also rolling out a new campaign to highlight the reliability and improved performance of the upgraded battery. As Eveready looks to scale its product lines, the focus remains on expanding sustainable and scalable businesses in India, with an emphasis on consistent value delivery and consumer-focused solutions.

TOTO, a global sanitaryware manufacturer, has been ranked 309th on TIME Magazine’s list of the “World’s Most Sustainable Companies 500.” The recognition highlights the company’s focus on sustainability and ESG (Environmental, Social, and Governance) practices, with consistent inclusion in the FTSE4Good Index Series further validating its global performance. In India, the company is aligning its sustainability objectives with its operations at the Halol plant in Gujarat, introducing several measures to lower its environmental impact — a move significant for the retail and manufacturing sectors in India.

TOTO India has implemented a range of energy-saving systems, including electrical timers and variable frequency drives, which have led to over 10 percent energy savings. The Halol facility also repurposes waste heat from Tunnel Kilns for drying moulds and products, cutting gas consumption by more than 35 percent. A solar water heating system combined with a Hot Water Generator has helped the company reduce natural gas use by 40 percent.

Additionally, TOTO India has adopted an OPEX model for procuring wind energy, now fulfilling over 30 percent of its total energy requirements through renewable sources. The Halol unit has introduced practices like reusing crushed fired-ware scrap, installing high-efficiency burners, and monitoring daily energy consumption. Materials collected from dust and shop floor spillovers are reused, and wastewater is treated using an RO system for equipment cleaning.

“Being recognized among the World’s Most Sustainable Companies by TIME Magazine is an affirmation of our unwavering dedication to sustainability and responsible innovation. We are proud to advance this mission in India through groundbreaking initiatives at our Halol plant. By optimizing energy efficiency, expanding renewable energy use, and reducing our carbon footprint, we aim to meet the highest standards in environmental stewardship. We see this as part of our responsibility to foster sustainable growth, not only for TOTO but for the communities and industries we serve,” said Shiozawa Kazuyuki, Managing Director, TOTO India.

The company is continuing to invest in technologies and strategies aimed at improving resource efficiency and ESG performance. Through its ongoing efforts in India and globally, TOTO is positioning sustainability as a core part of its business operations in the sanitaryware and retail industries.

Retail jewelry brand Kalyan Jewellers has reported a consolidated revenue growth of approximately 37 percent in the fourth quarter of FY2025 compared to the same period in the previous year. The company’s India operations led this performance, with revenue increasing by approximately 39 percent, primarily supported by strong wedding-related demand.

Same-store sales growth in India stood at approximately 21 percent during the quarter. In line with its expansion strategy across India, the company launched 25 Kalyan showrooms during the quarter and added 3 more in the first week of April 2025.

In international markets, the company’s Middle East operations recorded approximately 24 percent revenue growth year-on-year, largely driven by same-store performance. The region contributed around 12 percent to the company’s consolidated revenue for Q4 FY2025.

Kalyan’s digital-first jewelry platform, Candere, saw a revenue decline of approximately 22 percent during the quarter compared to the same period in the previous year. However, the company expanded Candere’s offline footprint with the launch of 14 showrooms in Q4 FY2025.

For FY2026, Kalyan Jewellers has outlined plans to open 170 showrooms across the Kalyan and Candere formats. This includes 75 Kalyan showrooms under the Franchisee Owned Company Operated (FOCO) model in non-south India—of which five will be larger-format flagship stores—15 Kalyan showrooms in south India and international markets, and 80 Candere showrooms across India. Letters of Intent (LOIs) have already been signed for all FOCO-format showrooms planned for India in FY2026.

The company noted positive early indicators for the current quarter, citing strong advance bookings for Akshaya Tritiya and the upcoming festive and wedding season. As of March 31, 2025, Kalyan Jewellers operated a total of 388 showrooms, including 278 in India, 36 in the Middle East, 1 in the USA, and 73 under the Candere brand.

Wagh Bakri Tea Group has been ranked as India’s most trusted tea brand in TRA’s Brand Trust Report 2024, marking its fourth consecutive year at the top. The company, with a legacy of 133 years, continues to strengthen its position in India’s retail and food and beverage sector. In addition to leading the tea category, Wagh Bakri secured the second position in the overall Food and Beverage segment.

Sanjay Singal, CEO of Wagh Bakri Tea Group stated, “Trust is at the heart of everything we do at Wagh Bakri. For over a century, we have been committed to delivering the finest quality tea, and this recognition reaffirms the faith that crores of consumers place in us. Being ranked India’s most trusted tea brand for four consecutive years is both an honour and a responsibility, and we will continue to uphold the highest standards to enrich the tea-drinking experience of our valued customers all over the world.”

TRA’s Brand Trust Report assesses brands across retail, FMCG, technology, apparel, automobiles, consumer appliances, and electronics, based on consumer research. Wagh Bakri’s consistent ranking highlights its strong consumer loyalty and reputation for quality in a competitive market.

Nestlé is expanding its NESCAFÉ Ready-to-Drink cold coffee range in India, the Middle East the North Africa (MENA) region, and Brazil to cater to young consumers seeking convenient, on-the-go beverage options. The ready-to-drink coffee segment is experiencing double-digit growth globally, driven by increasing demand among Gen Z and Millennials.

In India, MENA, and Brazil, where about 25 percent of the population consists of young consumers, Nestlé aims to tap into market potential with its NESCAFÉ Ready-to-Drink range, which includes latte, cappuccino, and mocha, along with flavors such as chocolate and caramel. The range is designed to offer cold coffee in a convenient format.

Michael Briner, Zone AOA and Global Category Lead for Ready-to-Drink at Nestlé’s Coffee Brands Strategic Business Unit said, "With NESCAFÉ Ready-to-Drink, we want to bring new consumers to the coffee category and create completely new coffee-drinking occasions. Our delicious varieties provide the perfect refreshment to enjoy with friends, on the go, at home, or wherever you prefer. With markets like India and those in MENA having largely been untapped up until now, we are confident we can grow the cold coffee category in these geographies."

The expansion builds on successful launches in China, Thailand, Indonesia, Malaysia, Singapore, Japan, and Turkey, where ready-to-drink coffee is already a growing category. NESCAFÉ’s Smoovlatte Original Ready-to-Drink beverage in China remains its best-selling product globally.

In India, NESCAFÉ cold coffee is now available in Iced Latte and Iced Frappe variants at Rs 50 for 170 ml, while Classic, Choco, and Caramel Lattes are priced at Rs 75 for 200 ml.

Parag Milk Foods Ltd., a leading dairy FMCG company, has announced a strategic fundraise of Rs 161 crore through the issuance of 90 lakh convertible warrants on a preferential basis. This move, which is subject to shareholder approval, is aimed at optimizing the company’s debt, strengthening working capital, and supporting capital expenditure initiatives. The warrants, priced at Rs 179.10 per unit (including a premium of Rs 169.10), will eventually be converted into fully paid-up equity shares, reinforcing investor confidence in the company’s growth prospects.

The preferential allotment has been made to a distinguished group of investors, including key stakeholders such as Mr. Utpal Sheth, Mr. Rajesh Kabra, Mr. Vishesh Dalal, and M/s Trishakti Power Holdings Pvt Ltd. In addition, Mr. Ankit Jain, Chief Strategy Officer of Parag Milk Foods, has been allotted 2 lakh convertible warrants, underscoring his faith in the company’s long-term growth potential. The company’s promoters, Chairman Mr. Devendra Shah and Managing Director Mr. Pritam Shah, have also participated in the allotment, reaffirming their commitment to driving the strategic direction of the company.

Speaking on this development, Mr. Devendra Shah, Chairman, Parag Milk Foods Ltd., said, “This strategic investment is a major milestone in our growth journey. It reaffirms our assurance to delivering high-quality, value-driven dairy products while expanding our footprint globally. The trust and confidence shown by our investors inspire us to accelerate our vision, enhance our capabilities, and drive long-term value creation for all stakeholders.”

Renowned Investor Utpal Sheth Bets Big on Parag Milk Foods

Parag Milk Foods has also secured a key investment from Mr. Utpal Sheth, a prominent investor with extensive experience in capital markets. With over three decades in investment management, corporate advisory, and fundraising, Mr. Sheth is best known for his tenure as Senior Partner & CEO at RARE Enterprises, the multi-billion-dollar asset management firm founded by the late Rakesh Jhunjhunwala. His investment in Parag Milk Foods highlights strong confidence in the company’s business model and future potential, further solidifying its position in the dairy industry.

Leadership Commitment Strengthened as CSO Ankit Jain Invests in Parag Milk Foods

In a significant move reflecting leadership confidence, Chief Strategy Officer Ankit Jain has been allotted 2 lakh convertible warrants. This investment aligns his interests with the company’s long-term growth and vision.

Mr. Devendra Shah emphasized the importance of this leadership-backed investment, stating, “Ankit Jain’s investment reflects his strong belief in Parag Milk Foods’ solid foundation and immense growth potential. His confidence reaffirms our commitment to innovation, sound financial management, and sustainable expansion in the dairy FMCG sector.”

With a strong portfolio of premium dairy brands, including Gowardhan, Go, Pride of Cows, and Avvatar, Parag Milk Foods continues to expand its market presence and drive innovation. The latest capital infusion is expected to bolster the company’s operational efficiency and reinforce its leadership in India’s dairy sector.

Starbucks India has marked a major milestone with the launch of its 50th store in Bengaluru, introducing the city’s first drive-thru in Electronic City. This expansion highlights the brand’s commitment to strengthening its presence in India, one of Starbucks' fastest-growing global markets.

The new store is designed to deliver the signature Starbucks Third Place experience, combining convenience with a welcoming atmosphere. Featuring a bilingual signage in English and Kannada, a community-inspired interior, and locally curated artwork, the store reflects Bengaluru’s dynamic blend of technology and coffee heritage. The menu continues to showcase premium Arabica coffee sourced from Indian estates, alongside local favorites such as masala chai and filter coffee.

Since establishing its first outlet in Koramangala in 2013, Starbucks has become an integral part of Bengaluru’s thriving coffee culture. Today, its presence extends across key city locations, including Vittal Mallya Road, Prestige Trade Tower, Phoenix Marketcity, and high-performing airport stores. The brand plans to deepen its regional footprint with innovative store formats and a Reserve store set to open later this year in Bengaluru.

With a workforce of over 600 partners (baristas) across the city, including three all-women stores and a signing store run by specially-abled partners, Starbucks continues to invest in people and community engagement. The new Electronic City drive-thru will operate with a rotating team of 12 partners, reinforcing Starbucks’ focus on delivering convenience and quality service.

Sushant Dash, CEO of TATA Starbucks, emphasized Bengaluru’s strategic role in the company’s India journey,"The opening of our 50th store in the city, and our first drive-thru in the region, exemplifies our commitment to enhancing accessibility and convenience for our customers. As we scale, our focus remains on introducing formats and experiences that are locally relevant, while offering a beverage portfolio that reflects the evolving preferences of Indian consumers. We remain deeply committed to this region and to strengthening our presence in a way that is sustainable, locally meaningful, and built for the long term."

With this latest expansion, Starbucks continues to blend global expertise with local flavors, ensuring a distinctive coffee experience for its growing Indian customer base.

Red Rhino, a key player in India's craft beer industry, has launched a new commercial brewery in Malur, expanding its presence in the kegging segment. This move strengthens Red Rhino’s craft beer distribution, making its brews available across Bangalore’s top outlets.

The facility will initially distribute Red Rhino’s Signature Lager and Hefeweizen, along with seasonal varieties. Ashwin Nawani, Head of Business Strategy said, “Our new facility is built to set industry benchmarks. With a cutting-edge cold chain and logistics infrastructure, we’re ensuring that every pint maintains its optimal temperature and quality from brewing to final delivery. This investment is all about precision, efficiency, and elevating the craft beer experience across Bangalore and beyond.”

With this expansion, Red Rhino aims to increase availability beyond its flagship locations, making high-quality craft beer accessible to a wider consumer base. Starting April, its products will be available on tap at multiple venues in Bangalore.

Master Brewer Dan Satterthwaite added, “Our infrastructure rivals international brewing facilities. We’ve integrated advanced fermentation technologies with sophisticated logistics to ensure each beer batch preserves its unique flavor profile and exceptional quality throughout distribution.”

The Malur facility features dedicated kegging lines, larger fermentation tanks, and automated quality control systems, allowing Red Rhino to scale production while maintaining consistency.

India’s craft beer market has been expanding rapidly, with a 22 percent annual growth since 2022. Premium craft beer has experienced an even higher growth rate of 27 percent CAGR, reflecting evolving consumer demand for sophisticated brewing techniques. The craft beer segment in India is projected to maintain this growth rate over the next eight years.

Central to this expansion is BEVERA, Red Rhino’s new enterprise resource planning (ERP) system, which automates the entire brewing process—from order management to final delivery. This technology enhances operational efficiency and optimizes logistics.

Founder Kishore Pallamreddy, a global tech entrepreneur stated, “This facility is more than just business expansion. We’re committed to elevating India’s craft beer culture through innovative technology, consistent quality, and strategic market engagement.”

The new brewery is expected to generate employment in brewing, logistics, and sales. By working with local businesses and restaurants, Red Rhino aims to strengthen the craft beer ecosystem in Bangalore.

Currently serving Bangalore and Hyderabad, Red Rhino is positioned for nationwide expansion, with plans to introduce its craft beer portfolio in key urban markets across India.

YatriKart, a growing player in India's retail-on-the-go segment, has received a strategic investment from MMG Group, the Indian partner of McDonald's and Coca-Cola, acquiring a stake at a Rs 100 crore valuation. This investment strengthens YatriKart’s position in India's transit retail sector, allowing the company to scale its operations. The funding also supports an upcoming $10 million venture capital round to drive further expansion.

YatriKart, backed by Artha Venture Fund, Fox Software Ventures, She Capital, and Shuru Up, plans to expand its franchise network through FOCO and FOFO models, enhance its tech infrastructure, and optimize supply chains via the Quick Commerce for Transit app. The company aims to establish over 5,000 smart kiosks and stores at metro stations, railway hubs, highways, and airports, reinforcing its technology-driven retail ecosystem.

Founded in Indore by Gaurav Rana and Shivangee Sharma, YatriKart is a tech-enabled transit retail chain that empowers small retailers and hawkers at transit points. It provides business support and channel partnerships to enhance profitability and scale growth.

Gaurav Rana, Founder and CEO of YatriKart stated, “MMG’s success in building global brands in India adds tremendous value to our journey of empowering last-mile retailers and transforming transit retail in Bharat. This partnership allows us to scale rapidly and strengthen our technology-driven convenience ecosystem.”

He further noted that MMG’s investment aligns with YatriKart’s goal of building a comprehensive out-of-home convenience ecosystem, expanding beyond retail into tech-enabled services at highways, hospitals, colleges, petrol stations, and transit hubs.

Anant Agarwal, promoter of McDonald's India and MMG Group added, “YatriKart is India's equivalent of Blinkit for transit services. It operates with an asset-light franchise model and leverages advanced technology to penetrate the $21.7 billion transit retail market. We see a tremendous opportunity in this sector, and YatriKart is well-positioned to disrupt this highly fragmented market and capture a significant share.”

YatriKart’s consumer app enables travelers across Bharat to place orders and pick them up efficiently. Its smart kiosks and stores integrate retail and convenience services, offering solutions such as parcel drop-off, bag deposits, micro-ATMs, and essential utilities for consumers on the move. With this investment, YatriKart aims to scale its operations and enhance its presence in India's transit retail sector.

Mukta A2 Cinemas has reopened its multiplex in Vizag after extensive renovations, bringing upgraded technology and enhanced comfort to moviegoers in India’s retail and entertainment sector. The three-screen cinema, located at Vizag Centro Mall, Jagadamba Junction, now features modern interiors, upgraded seating, and advanced projection systems. The reopening coincided with the release of Sikandar, starring Salman Khan and Rashmika Mandanna.

The renovated multiplex has replaced traditional pushback seats with recliners and wide sofas, offering more legroom and comfort. The 2K Laser and 3D projection systems provide sharper visuals, while Dolby Atmos surround sound enhances the audio experience. The air-conditioning system has also been upgraded for better climate control during screenings.

The food menu has been expanded with a variety of options, including sandwiches, pizzas, wraps, rolls, nachos, popcorn, samosas, burgers, and desserts. Beverages range from cutting chai, filter coffee, and hot chocolate to iced teas, cold coffees, and soft drinks.

Rahul Puri, Managing Director of Mukta Arts Ltd stated, “This theatre has always meant something to Vizag. So we didn’t just renovate it—we brought it back to life with heart. It’s now a space where people can watch films the way they’re meant to be watched—with great sound, beautiful visuals, and real comfort.”

The reopening comes at a time when Telugu cinema has several major releases. Robinhood, starring Nithiin, has performed well, paving the way for its sequel, Brotherhood of Robinhood, while MAD Square is gaining popularity among younger audiences.

Satwik Lele, CEO of Mukta A2 Cinemas added, “We believe the audience deserves the very best—because they are the real stars of cinema. Whether it’s a festive family outing, a first-day-first-show, or just a weekend escape—this cinema is now built to make people feel good, seen, and welcomed.”

Mukta A2 Cinemas Vizag aims to offer an improved viewing experience with its upgraded facilities, catering to the evolving expectations of moviegoers.

Parag Milk Foods, a key player in India’s retail and dairy industry, has expanded its product portfolio with a range of high-protein and nutrient-rich offerings. This move aligns with the rising demand for health-focused dairy products in both India and global markets.

The newly launched products span across Parag Milk Foods’ flagship brands:

• Gowardhan: Introduces Crunchy Chikki, made with 100 percent pure Gowardhan Ghee, available in Sesame and Peanut flavors. Priced at Rs 10 for 25g.
• Go Yogurt: A fruit-based yogurt made from cow’s milk, available in Mango, Blueberry, and Strawberry flavors. Priced at Rs 25 for 80g.
• Pride of Cows: Expands its single-origin dairy range with:
• Low-Fat and High-Protein Paneer with 45g protein per pack, priced at Rs 235 for 200g.
• Mint and Masala Buttermilk, a summer beverage, priced at Rs 60 for 250ml.
• Greek Yogurt in Fig and Honey, Mixed Berry, Blueberry, and Pineapple, priced at Rs 95 for 100g.
• Bocconcini (Fresh Mozzarella Balls) for gourmet preparations, priced at Rs 400 for 200g.
• Avvatar India Whey Protein: Introduces High-Protein Bars in Chocolate and Coffee Wafer flavors, priced at Rs 60 for 40g.

Akshali Shah, Executive Director of Parag Milk Foods stated, “With protein becoming an essential nutritional need in India, we are committed to providing high-quality dairy solutions that cater to this growing demand. Our latest offerings across all brands of Parag Milk Foods reinforce our focus on high-protein, nutrient-dense offerings, ensuring consumers have access to superior dairy nutrition. With protein becoming a daily essential dietary need not just in India but globally, our offerings, including high-protein paneer, cheese, and yogurt, are designed to meet evolving nutritional requirements. As the market for protein-rich products expands rapidly, Parag Milk Foods is poised to lead this segment with innovative, traceable, and high-quality product offerings that support healthier lifestyles.”

The newly launched Pride of Cows products will be available through the brand’s website, app, quick commerce, and e-commerce platforms. Gowardhan, GO, and Avvatar products will be distributed through general stores, modern trade outlets, and online channels.

Thermocool Home Appliances Ltd has inaugurated its latest manufacturing plant in Ghaziabad. This expansion marks a major milestone in the company's growth trajectory, reaffirming its commitment to innovation, sustainability, and customer satisfaction. Spanning an area of 25,000 square meters, the new facility is equipped with state-of-the-art automation, energy-efficient systems, and employee welfare amenities.

Initially set to operate with a daily production capacity of 1,800 to 2,200 units, the facility aims to scale up to 3,000 to 4,000 units per day within the next six months. Additionally, Thermocool plans to expand the facility by 50 percent over the next two years.

With an investment of Rs 30 crore, this manufacturing unit will cater to the growing demand for Thermocool products across Uttar Pradesh and neighboring regions, including Bihar, Bengal, Jharkhand, and even Nepal. Construction of the plant commenced in 2024, and it is projected to be fully operational by 2026.

Rajeev Kumar Gupta, Managing Director, Thermocool Home Appliances Ltd said, “We are proud to announce that we are opening our new manufacturing plant in Ghaziabad after Prayagraj. After seeing the rising demand for efficient, affordable, and high-quality products, the launch of this new manufacturing plant is a crucial step in strengthening our production capabilities and expanding our reach. This facility is our commitment to quality and innovation and our dedication towards sustainable business practices and regional economic development.” 

The plant will incorporate cutting-edge technologies such as AI-powered quality control, robotic assembly, and eco-friendly packaging solutions, setting new benchmarks for sustainable manufacturing while maintaining Thermocool’s legacy of providing high-quality, affordable cooling solutions. The plant will primarily focus on the production of air coolers, including desert coolers, commercial coolers, tower coolers, and room coolers, catering to a wide spectrum of customer preferences.

Beyond manufacturing, the expansion is expected to drive economic growth in the region by generating over 200 job opportunities and reinforcing Thermocool’s distribution network. The company is also ramping up its after-sales service to enhance customer experience, further solidifying its brand reputation and fostering long-term customer loyalty.

Tata Group’s retail chain, Croma, has announced the appointment of Shibashish Roy as its new Chief Executive Officer (CEO) and Managing Director (MD), effective April 1, 2025. Roy's appointment marks a significant step in the company’s leadership transition and reflects its commitment to continuing its growth trajectory in India’s competitive retail sector.

Roy, who was named CEO in November 2024, worked closely alongside outgoing Managing Director Avijit Mitra during a structured transition period, which concluded in March 2025. This period allowed Roy to take a more hands-on approach and familiarize himself with the company's operations, leadership, and vision. Croma, in its statement, highlighted that this transition was smooth and well-executed, ensuring the company remained on track for continued success under Roy’s leadership.

With over 20 years of experience within Tata Group companies, Roy brings a wealth of expertise to Croma. His leadership has been pivotal in driving Croma’s expansion into new markets and enhancing its customer service capabilities across various sales channels. His deep understanding of the retail sector, combined with his strategic foresight, is expected to be key in driving Croma’s next phase of growth and reinforcing its position as a leading player in the consumer durables and electronics market in India.

“Shibashish has been transitioning into the role of CEO & MD over the past five months, following the succession plan announced late last year… I am certain Shibashish’s digital-first approach and passion for customer engagement will drive Croma to great heights and look forward to working with him,” said Naveen Tahilyani, Chairman, Infiniti Retail Ltd.

Croma, which operates as one of India’s leading organized consumer durables and electronics retail chains, is also aiming to increase its market share in key regions and improve profitability in the fiscal year 2026. According to the statement, the company is committed to strengthening its competitive edge, expanding its footprint, and refining its product offerings to meet the evolving needs of Indian consumers. 

Bajaj Electricals has appointed Sanjay Sachdeva as its new Managing Director and Chief Executive Officer, effective April 15, 2025. A seasoned business leader, Sachdeva brings over three decades of experience from Hindustan Unilever, where he began his journey as a Management Trainee in 1989. Over the years, he has held key leadership positions across marketing, sales, and general management.

His global expertise spans multiple markets, including Brazil, China, the Middle East, North Africa, Turkey, and Russia. Most recently, he served as the Managing Director and CEO of Unilever Japan, leading the company’s strategic growth in the region. 

At Bajaj Electricals, Sachdeva will oversee the company’s business verticals and drive its growth strategy. His leadership is expected to play a pivotal role in strengthening Bajaj Electricals' market presence, fostering innovation, and delivering value to consumers and stakeholders alike.

“I am delighted to welcome Sanjay as our new MD & CEO. Having worked in various countries, including India, he brings a fresh perspective and a strategic vision that aligns with our goal of delivering exceptional value to our consumers and stakeholders. We are confident that under his leadership, Bajaj Electricals will continue to thrive and achieve new heights, and I look forward to working with him in building a global organisation,” commented Shekhar Bajaj, Chairman, Bajaj Electricals

Sanjay Sachdeva said, “I am honoured to join Bajaj Electricals, a company with a rich heritage and a strong reputation for innovation, quality, and ethics. I look forward to working with the Chairman, Mr. Shekhar Bajaj, and the talented team at Bajaj Electricals to drive sustainable growth and create significant long-term value for all our stakeholders.”

With Sachdeva at the helm, Bajaj Electricals aims to reinforce its industry leadership, accelerate growth, and expand its footprint in both domestic and international markets. His appointment marks a significant step in the company’s journey toward innovation-driven progress and sustained excellence.

Homegrown cooling solutions company Bluestar is expecting 25-30 percent growth in its room air-conditioner segment, driven by an early summer, increasing disposable incomes, and predictions of a harsh heatwave, according to its Managing Director, B Thiagarajan.

This projected growth follows a strong performance last season, when the room AC industry experienced a 30-40 percent surge in volume during May and June, fueled by extreme temperatures across the country.

“We have planned for around 25-30 per cent growth. We will be able to meet that,” said Thiagarajan, adding that Bluestar expects to sell approximately 1.75 million units of room ACs in FY26.

On Thursday, Bluestar introduced 150 new models as part of its expansion strategy. A significant portion of this growth is expected to come from tier-III, IV, and V markets, as more middle-class consumers aspire to own air conditioners.

“It is actually the middle-class aspirational consumers who are beginning to buy,” said Thiagarajan. “Now it is also evident from the fact that this year, for example, Bluestar’s 40 per cent sale will be through consumer finance.”

Currently, over 65 percent of Bluestar’s sales come from smaller towns, while demand in metro cities is also on the rise, particularly as more consumers invest in second or third air conditioners for their homes.

To meet the growing demand, Bluestar is expanding its production capacity. “Last year, the capacity was around 1.5 million, and it will go up to 1.7 million. Still, we do buy some two lakh units from outside. So, the intention is next year, to take the capacity to 1.75 million,” said Thiagarajan.

The Indian room AC market is estimated to have surpassed 15 million units in FY25, with an anticipated growth of 25-30 percent in the next fiscal year.

The increasing exposure to air-conditioned environments in restaurants, metro railways, cars, airports, and offices is playing a key role in shaping consumer behavior, leading to higher demand for home ACs.

“The growth is all around and this is the only category which is growing. There are many other categories which are stagnant or not growing,” Thiagarajan explained. “Now people’s priority is to get an air conditioner. In a typical Indian home, people buy for either their parents’ comfort or children’s comfort. And so, the next 10 years, such growth should continue.”

With a 14 percent share in India's room AC market, Bluestar competes with Voltas, LG Electronics, Hitachi, Godrej Appliances, Panasonic, Haier, and others. Despite the competition, the company remains optimistic about sustained growth.

Thiagarajan also emphasized that domestic value addition in AC manufacturing is set to increase, supported by the production-linked incentive (PLI) scheme, which is fostering a stronger component ecosystem for air conditioners in India.

Pret A Manger has reached a significant global milestone with the launch of its first-ever full-service dine-in store at Phoenix Mall of the Millennium, Pune. This marks a new chapter for the brand, embracing India’s deep-rooted dining culture by offering guests a relaxed, sit-down meal experience— a first in Pret’s worldwide portfolio.

Spanning 989 square feet, the store is designed to cater to the evolving preferences of Indian consumers who seek fresh, high-quality food in a comfortable setting. The launch signifies a key moment in Pret’s India journey, seamlessly blending its signature handcrafted food with an enhanced dine-in experience.

Pune’s vibrant food scene and its growing base of young professionals make it an ideal location for Pret’s innovative venture. As dining out becomes increasingly popular among India’s young consumers, Pret A Manger’s commitment to freshly prepared, nutritious meals positions it well to meet their evolving demands.

Vikram Pai, Centre Director of Phoenix Mall of the Millennium expressed,“We are excited to have Pret A Manger join Phoenix Mall of the Millennium, Pune. Being a place that has a dynamic presence of more than 350 national and global brands, having Pret A Manger as an addition just enhances our diverse food culture. With its new concept of innovative, high-quality fresh food, we are sure Pret's new full-service dine-in restaurant will hit the road running with our increasing numbers of young working professionals and foodies.”

Pano Christou, CEO, Pret A Manger shared, “India has reimagined Pret in a way we’ve never seen before. The country’s rich tradition of dining together has inspired us to introduce our first-ever full-service concept—one that brings people together over fresh, high-quality food, served at their table. We are committed to bringing our signature Pret experience to more customers, blending global flavours with local tastes in a way that feels both familiar and new,” he said.

The menu features a variety of Pret favourites, such as the Chicken Super Club Sandwich, Four Berry Chia Bowl, Pret Pickle Sandwich and Fajita Cottage Cheese Hot Wrap—all made fresh without preservatives or additives.

Following its successful stores in Mumbai, Delhi-NCR, and Bengaluru, the Pune opening marks Pret’s ongoing expansion in India. With plans for further growth in existing and new cities, Pret A Manger is poised to shape the evolving food landscape in India.
 

Tira, the omnichannel beauty retail platform from Reliance Retail, has announced the exclusive launch of two highly sought-after K-beauty brands in India—Milktouch and Sungboon Editor. These viral, award-winning brands will now be available only through Tira’s online platforms and select stores.

Milktouch, a leading global K-beauty brand, brings its comprehensive range of skincare and makeup to Indian consumers. Milktouch has achieved remarkable success across international markets, including Japan, China, Taiwan, Hong Kong, Singapore, Malaysia, the U.S., Thailand, Russia, and the EU. Among its standout products are the Milk Touch Allday Skin Fit Milky Glow Cushion, Milk Touch Hedera Helix Relaxing Cream, and Milk Touch All Day Long And Curl Mascara Black. With its commitment to quality and innovation, Milktouch is set to offer Indian beauty enthusiasts a premium and tailored beauty experience.

Joining the lineup is Sungboon Editor, an ingredient-focused skincare brand renowned for its high-performance formulations. The brand has gained a strong global following with products like the Green Tomato Pore Lifting Ampoule, Pore Lifting Ampoule Mask, Pore Lifting Ampoule Toner, and Pore Blurring Sun Cream—all praised for their visible, transformative skincare results. 

Tira’s exclusive partnership with Milktouch and Sungboon Editor reaffirms its commitment to bringing the best of global beauty to Indian consumers. These brands, celebrated for their viral success and innovative products, perfectly align with Tira’s mission to curate a selection of premium, internationally acclaimed beauty brands that cater to local beauty needs.

Both Milktouch and Sungboon Editor will be available exclusively through Tira’s website, mobile app, and select physical stores across India. This launch further cements Tira’s position as India’s premier destination for high-performance global beauty brands, offering beauty lovers access to the latest skincare and makeup trends from around the world.

H&M Group has released its Annual and Sustainability Report for 2024, detailing its progress in sustainable practices across its retail operations in India and globally. The company reported advancements in reducing carbon emissions, increasing the use of recycled materials, and phasing out coal usage in its supply chain.

Daniel Ervér, CEO of H&M Group stated, “I am proud of the steps we have taken to demonstrate that exceptional design and sustainable solutions go hand in hand with our purpose to liberate fashion for the many. Sustainability is a key priority for us, fundamental to how we operate and essential for our long-term success. This report shows the result of the work of thousands of passionate colleagues around the world, united not only by our love for fashion and design, but also by our deep commitment to using our power and scale to push the fashion industry towards a more inclusive and sustainable future.”

The company highlighted key achievements in its sustainability agenda:

• Materials: 89 percent of materials used were recycled or sustainably sourced. The company’s share of recycled materials reached 29.5 percent, close to its 30 percent target for 2025, a year ahead of schedule.
• Emissions: Greenhouse gas emissions were reduced by 41 percent in scope 1 and 2, and by 24 percent in scope 3, based on 2019 levels.
• Plastic Reduction: A 54 percent decrease in plastic packaging was achieved, surpassing its 2025 target of 25 percent reduction.
• Coal Phase-Out: The number of garment suppliers using on-site coal boilers dropped to 27 factories in 2024, down from 46 in 2023 and 118 in 2022. H&M Group now plans to include tier 3 suppliers in its coal phase-out strategy, with a complete phase-out target set for 2026.
• Water Usage: Freshwater consumption in garment suppliers (tier 1 and 2) was reduced by 9.5 percent, close to the company’s 10 percent reduction target for 2025.
• Second-Hand Market Expansion: The company expanded its second-hand retail options to 26 markets, with availability in 38 selected H&M Group stores and through Sellpy’s pre-owned fashion platform.
• Labor Rights: H&M Group renewed its Global Framework Agreement with IndustriALL Global Union and Swedish trade union IF Metall, covering over one million workers.

Leyla Ertur, Sustainability Director at H&M Group said, “We remain fully committed to our ambitious sustainability agenda. We are on track to achieve our goal for all our materials to be either recycled or sustainably sourced no later than 2030, and we almost reached our 30 percent goal for recycled materials by 2025 a year ahead of schedule. Our efforts to use less and cleaner energy across our supply chain are also delivering strong results in our decarbonisation journey, aligned with our science-based targets. We are aware of the challenges ahead of us and we remain confident that we are on course to fulfill our sustainability agenda in the years to come.”

The Sustainability Progress Report, detailing further developments in H&M Group’s sustainability strategy, is available on the company’s website.

Retail and sports brand Decathlon has appointed Javier López as its Chief Executive Officer, succeeding Barbara Martin Coppola, who has led the company since March 2022. The decision, announced by Decathlon’s Board of Directors, aligns with the company’s strategic direction under newly appointed Chairman Julien Leclercq.

During Coppola’s tenure, Decathlon advanced its position as a multi-specialist sports brand. The company recorded a 13 percent reduction in CO2 emissions since 2021 through circular models, sustainable materials, and investment in cleaner energy. E-commerce also expanded, now contributing 20 percent of the company’s revenue.

Decathlon strengthened its brand identity and customer experience across retail and digital platforms, while increasing collaborations with international athletes and sports events. The company also designed the official outfit for 45,000 volunteers at the Paris 2024 Olympic and Paralympic Games. Employee satisfaction remained high, with 91 percent of staff expressing pride in working for Decathlon.

“I would like to thank Barbara for the impactful work she has carried out over the past three years. Today, Decathlon is increasingly recognised worldwide for its products, commitments, and positive impact. As Decathlon enters a new phase of growth, I am confident in Javier’s ability to unite the team, drive our ambitions, and identify new opportunities for sustainable growth while preserving our inclusive culture,” said Julien Leclercq, Chairman of Decathlon.

Reflecting on her time at the company, Coppola stated, “Over the past three years, we have repositioned the Decathlon brand, redefined the customer experience across retail and e-commerce, and established partnerships with global reach. I am proud of our progress and have full confidence in Javier to lead Decathlon towards an even more ambitious future.”

López, who has been with Decathlon for 26 years, has held leadership roles in digital, logistics, and retail. He previously led Decathlon Germany from 2012 to 2015 and was CEO of Decathlon Spain from 2015 to 2022, where the company experienced significant growth. In 2022, he took on the role of Global Chief Value Chain Officer.

“I am honoured by the confidence shown by Julien and the Board of Directors. Working alongside Barbara over the past three years has been a great experience. As a Decathlonian for 26 years, I am proud of the work we have done to make sport accessible to more people around the world. With determination, enthusiasm, and humility, we will accelerate our growth and continue to uphold our human and environmental commitments,” said López.

Founded in 1976, Decathlon operates 1,750 stores worldwide, with a workforce of 101,000 employees. The company continues to focus on accessibility, sustainability, and growth across its retail and e-commerce channels in India and globally.

McDonald’s India – North and East is set to bring the bold and fiery flavors of Korea to its menu with the launch of the all-new Korean Spicy Range. Designed for spice lovers and global cuisine enthusiasts, this limited-time offering introduces a range of exciting flavors, starting at just Rs. 59. Inspired by Korea’s famous Gochujang sauce, known for its perfect blend of spice, sweetness, and umami, the new menu promises a unique fusion of tastes. To further enhance the experience, McDonald’s is also introducing the Korean Yuzu-Fizz Drink, a citrusy refreshment that balances the heat, along with the Korean Spice Mix Seasoning, which adds an irresistible umami kick to its classic sides.

Bringing an authentic Korean twist to its offerings, McDonald’s has curated a menu that reimagines its signature items with a bold new edge. The Korean McAloo Tikki gives the beloved classic a fiery makeover, featuring a crispy aloo patty topped with Gochujang Sauce and shredded onion for a flavorful bite. For paneer lovers, the Korean McSpicy Paneer combines a crispy, spicy paneer patty with Gochujang Sauce, fresh Purple Cabbage, and crunchy lettuce, creating a perfect balance of texture and taste. Meanwhile, chicken lovers can indulge in the Korean McSpicy Chicken, a sizzling burger infused with Korean spices, complemented by crisp Purple Cabbage and a generous layer of Gochujang Sauce. Enhancing the spice-filled experience, the Korean McAvoy Fries offer a delectable combination of crispy fries drizzled with a mix of Gochujang Sauce and creamy Cheesy Chipotle Sauce, adding an addictive blend of spice and cheesiness.

Rajeev Ranjan, Managing Director, McDonald's India - North and East said, “At McDonald's, we love bringing new and exciting global food experiences to our customers. With the new Korean Spicy Range, we’re bringing palate-captivating, delicious offerings inspired by the growing love for Korean flavors in India. We are confident that this carefully crafted range will be loved among Gen Z, millennials, and those seeking new and innovative taste experiences in their meals.” 

Adding to the excitement, the Korean Spicy Range is presented in exclusive Korean-themed packaging, inspired by the vibrant street food culture of Korea, making the experience even more immersive. Demonstrating the brand’s commitment to affordability, the new range is available at a starting price of ₹59 across McDonald’s outlets in North and East India. Customers can enjoy these offerings through Dine-in, Self-Ordering Kiosks (SOK), Takeaway, Drive-Thru, and Delivery via Swiggy, Zomato, and MagicPin.

Gargi by P N Gadgil & Sons (PNGS) wrapped up the year on a high note with the launch of two new stores in Aurangabad and Indore. With these additions, the brand now operates 12 exclusive outlets across India—an impressive achievement in less than three years of its retail journey.

The newly launched stores, situated in Prozone Mall, Aurangabad, and Citadel Mall, Indore, are part of Gargi’s franchise-driven expansion model aimed at making high-quality fashion jewellery more accessible, particularly in Tier II and III cities. The brand’s growing presence beyond metropolitan areas highlights its increasing popularity, driven by modern collections, wide-ranging designs, and the trust associated with PNGS’s legacy.

Aditya Modak, Co-founder, Gargi by PNGS said, “For us, growth is not just about numbers, but about resonance. When we see women, men, and even children across cities connect with our designs, we know we are doing something right. Aurangabad and Indore are not just new locations; they are new conversations, inspirations, and relationships. That is what truly excites us.”

The year 2024 has been a momentous one for Gargi, witnessing significant milestones, including the launch of a store in Delhi’s Kapil Vihar, Pitampura, along with expansions in Maharashtra through new locations in Pimple Saudagar and Aurangabad. The brand also introduced Utsaav, a bold festive and occasion-wear collection, and debuted its first-ever Kids Collection, featuring playful sterling silver pieces designed to be both stylish and safe for young wearers.

Financially, Gargi crossed a market capitalization of Rs. 1,500 crore and remains on track to meet its ambitious Rs. 100 crore revenue target by March 2025. The franchise model continues to drive this success, empowering local entrepreneurs under the guidance of PNGS—a name backed by an Rs. 8,500+ crore annual turnover.

Clinikally, one of India’s leading digital dermatology platforms, has expanded its presence beyond its digital-first model by launching premium Clinikally Experience Centers (CEC) in Delhi NCR and Ludhiana. These immersive centers offer AI-enabled skin analysis, expert consultations, and access to premium global skincare and haircare products curated by India’s top dermatologists. The move aims to bridge the gap between online convenience and in-person expert guidance, creating a more personalized and technology-driven skincare and wellness experience.

Arjun Soin, Founder, Clinikally said, “Clinikally’s mission has always been to redefine dermatological care by blending technology with expert-driven solutions. With the launch of our Experience Centers, we are taking a giant leap toward creating an immersive and personalized journey for discerning skincare and wellness enthusiasts. These centres will empower our premium customers with new-age AI analysis, expert guidance, and high-performing products, ensuring they make informed and effective skincare & wellness choices.” 

Clinikally’s flagship experience center has opened in Delhi’s Safdarjung Development Area, alongside additional locations in Ludhiana, Khan Market, and Gurgaon. These centers feature AI-enabled skin analysis using advanced diagnostic tools to deliver precise insights, helping customers find solutions tailored to their unique concerns. Additionally, Clinikally offers one-on-one consultations with India’s leading dermatologists to provide customized skincare and wellness solutions. Customers also have the opportunity to try premium global skincare products before purchasing, experience exclusive product launches, and participate in expert-led workshops.

While Clinikally’s tech-backed platform continues to offer seamless online convenience, the experience centers add an extra layer of confidence for customers by providing hyper-personalized AI-driven recommendations and immediate expert insights. These centers not only serve as interactive spaces for skincare consultations but also as community-driven wellness hubs, hosting engaging workshops and events to foster a skincare-conscious community. With a strong commitment to science-backed solutions and professional guidance, Clinikally ensures efficacy and suitability across all its offerings, further strengthening its position as a trusted name in India’s dermatology and wellness industry.

Ghodawat Retail Pvt Ltd, the retail arm of the Sanjay Ghodawat Group (SGG), has reached a significant milestone with the inauguration of Star Localmart’s 100th store in Hubballi, Karnataka. Located at R N Shetty Road, Krishnapur Village, Hubballi, Dharwad, the new store reinforces the company’s mission to transform the retail landscape in India’s Tier III and IV towns by bringing quality, affordability, and convenience to local communities. The store was inaugurated by Shri N Shashikumar, IPS, Commissioner of Hubballi-Dharwad, and Shri Prakash Burbure, Corporator.

The expansion into Hubballi aligns with the city’s rising demand for organized retail and its growing cultural and economic importance in Karnataka. As a key commercial hub, Hubballi hosts a diverse consumer base seeking both value and quality. The new store is tailored to meet local needs, offering a broad range of products while fostering employment and supporting local businesses, thus strengthening Karnataka’s retail ecosystem.

Srinivas Kolluru, Business Head, Ghodawat Retail Pvt. Ltd. shared, “Our approach has been to create digitally integrated, consumer-friendly retail spaces that offer convenience and affordability. We have over 3,000 SKUs, per store, to cater to the everyday needs of our consumers, ensuring a balance between national and regional brands. Operational efficiency is at our core, with advanced technology like SAP B1, WMS, and 6Dx POS solutions driving our supply chain and in-store operations. As we scale further, our focus remains on optimizing store formats, enhancing customer engagement, and expanding strategically in high-demand markets with limited organized retail presence. We are also deeply grateful to our local brand partners who have placed their trust in us, growing alongside Star Localmart and strengthening the retail ecosystem together."

Star Localmart’s COCO (Company-Owned, Company-Operated) and FOCO (Franchise-Owned, Company-Operated) models have been instrumental in its rapid expansion while ensuring consistent service quality. By focusing on affordability, accessibility, and technological integration, the brand is driving the next phase of India’s retail growth, particularly in rural markets. With ambitious expansion plans, Star Localmart remains committed to revolutionizing retail and empowering local communities with its customer-first approach.

E-commerce giant Amazon India has significantly expanded its grocery delivery service, Amazon Fresh, extending its reach to more than 170 cities and towns across the country. The expansion comes as part of Amazon’s strategy to strengthen its presence in India's rapidly growing online grocery market.

Previously, Amazon Fresh was operational in 130 cities, and the latest rollout brings the service to several Tier-II and Tier-III cities, making quality groceries more accessible to a wider consumer base.

The expansion follows an impressive 50 percent year-over-year growth in the second half of 2024, compared to the same period in 2023. Regional growth trends indicate that South India has been the strongest performer, registering a 50 percent increase, while demand in the Eastern region surged by 40 percent, according to the company.

“Our expansion to 170 cities/towns allows Amazon Fresh to extend its reach into India’s tier-2, tier-3 cities/towns and beyond, offering consumers access to high-quality groceries at competitive prices, delivered conveniently to their doorstep.With 50 per cent growth in the second half of 24′ vs 23′, we have seen consumers have appreciated Amazon Fresh for savings, vast selection, and reliable slot deliveries,” said Srikant Sree Ram, Director, Amazon Fresh India.

Amazon Fresh offers a diverse selection of grocery essentials, including fresh fruits, vegetables, dairy products like milk and bread, frozen foods, beauty and personal care items, baby care products, and pet supplies. The platform provides a mix of everyday staples and premium grocery options, catering to different consumer needs.

By expanding into smaller towns and cities, Amazon aims to make high-quality grocery products more accessible at competitive prices. The company has been investing in supply chain infrastructure and delivery logistics to ensure seamless operations and faster order fulfillment.

Fast-moving consumer goods (FMCG) giant Hindustan Unilever Ltd (HUL) has announced the appointment of Rajneet Kohli, former CEO and Executive Director of Britannia Industries, as its new Executive Director, Foods. Kohli will take over the role from Shiva Krishnamurthy, who is set to step down to pursue an external opportunity, the company stated on Wednesday.

Kohli’s appointment will come into effect from April 7, 2025, following which he will also join HUL’s Management Committee.

With a career spanning over 28 years, Kohli brings extensive experience in the consumer goods and retail sectors, with expertise in business transformation, high-performance leadership, and market expansion. His appointment is expected to further strengthen HUL’s food portfolio, which includes well-established brands across categories such as packaged foods, beverages, and nutrition.

During his tenure at Britannia, Kohli played a pivotal role in reinforcing the company’s leadership in the competitive food and bakery industry. His strategic focus on product innovation, brand building, and digital transformation helped drive growth and enhance customer engagement.

Beyond Britannia, Kohli has held senior leadership roles at Jubilant Foodworks, The Coca-Cola Company, and Asian Paints, bringing a wealth of cross-industry insights and expertise to his new role at HUL. His deep understanding of consumer behavior, brand positioning, and operational excellence is expected to play a crucial role in shaping HUL’s food business strategy in the coming years.

As one of India’s leading FMCG players, HUL has been consistently expanding and innovating in its food segment, catering to the evolving preferences of Indian consumers. With Kohli’s leadership, the company aims to further accelerate growth and strengthen its market position in the food sector.

SoftBank-backed e-commerce platform Meesho has significantly reduced its losses to Rs. 53 crore in FY24, while its revenue saw a 33 percent jump, reaching Rs. 7,615 crore, according to the company's annual report released on Wednesday.

In the previous fiscal year, Meesho had reported a loss of Rs. 1,569 crore (excluding ESOP costs) and revenue of Rs. 5,735 crore.

The company has also claimed to be the first horizontal Indian e-commerce firm to achieve profitability in FY24 and the first to generate a positive free cash flow of Rs. 197 crore for the full year.

“Our revenue from operations grew 33 per cent to Rs 7,615 crore, driven by an increase in our unique annual transacting users as well as higher order frequency of our existing loyal customers. This success stems from driving efficiencies across multiple areas like logistics, as well as leveraging Generative AI and Machine Learning for better discovery, improved in-app experience, and round-the-clock customer support,” the report said.

Founder and CEO Vidit Aatrey emphasized the importance of free cash flow as a key business metric, stating that while indicators like EBITDA or PAT provide reference points for cash flows, they overlook crucial factors such as capital expenditure and working capital.

“Shareholders, especially in retail businesses, be it offline retail or inventory-based e-commerce, have seen dilution in value from both the components over the years. Having witnessed this, we focus on Long Term Free Cash Flow (FCF) per share as the north-star metric of our business. We believe that it truly and accurately depicts the health of a business, without the added complexity of ignoring different components of shareholder dilution or value creation,” said Vidit Aatrey, Founder and CEO, Meesho

Meesho recorded a 31 percent rise in order volume, reaching 134.2 crore orders in FY24.

According to the company, it processed 133.3 crore orders in the first nine months of the ongoing fiscal year, nearly matching the total order volume of the previous financial year.

The surge in order growth has been attributed to strong demand across categories such as home and kitchen, beauty and personal care, and baby essentials.

Aatrey further noted in the report that approximately 18.7 crore consumers transacted on Meesho’s platform in the past 12 months, making it the highest among e-commerce platforms in India.

Value-fashion retailer M Baazar has named Bollywood actress Rakul Preet Singh as its brand ambassador, marking a strategic move to strengthen its connection with modern Indian consumers. The association is expected to enhance M Baazar’s brand presence and reinforce its commitment to offering trendy yet affordable fashion to families across the country.

“I am excited to embark on a new fashion journey with M Baazar. When I went through M Baazar’s exclusive collection, I realised it perfectly blends the best of both worlds- traditional elegance and contemporary style, something that perfectly aligns with my fashion sensibilities, and perhaps many modern Indian women,” stated Rakul Preet Singh.

Founded by Sanjay Saraf, M Baazar was created to meet the evolving fashion needs of Indian families by offering a diverse range of apparel and accessories. The brand provides menswear, womenswear, kidswear, and accessories, ensuring a wide selection for shoppers looking for style and affordability under one roof. Over the years, M Baazar has established itself as a household name in value fashion, catering to customers across multiple states.

“We are exhilarated to have Singh join us. We are confident this partnership is set to redefine the fashion landscape in India, setting new standards for style and being an inspiration for the contemporary generation,” said Saraf, Founder and CMD, M Baazar.

Since its launch in 2009 with the opening of its first store in Guwahati, M Baazar has witnessed remarkable growth. The brand now operates a vast network of over 190 stores spanning across eight states, including West Bengal, Odisha, Assam, Tripura, Bihar, Jharkhand, Uttar Pradesh, and Rajasthan. With a strong presence in these regions, M Baazar continues to expand its footprint, catering to the growing demand for stylish yet budget-friendly clothing.

By partnering with Rakul Preet Singh, the brand aims to further strengthen its appeal among young, fashion-conscious consumers while continuing to serve families with a wide range of high-quality and affordable fashion choices.

Diageo India (United Spirits Ltd.), one of the country’s leading alco-bev companies, has launched two Water, Sanitation, and Hygiene (WASH) projects in Ponda, Goa, in collaboration with BharatCares, the social impact arm of CSRBOX group. The initiative aims to enhance access to clean drinking water and sanitation facilities for students and faculty members in the region.

The inauguration ceremony was held in the presence of Mr. Madhu Khandeparkar, Gram Sarpanch of Bethoda Village, Mr. Anoop Saxena, Unit Head - Goa, Diageo India, and Mr. Dhanraj Singh Chouhan, Project Coordinator – CSR Programs, BharatCares.

The WASH projects will benefit 85 students and faculty members across two government primary schools in Goa. At Government Primary School, Bethoda, the initiative includes renovating school facilities, upgrading drinking water systems, and enhancing sanitation infrastructure. Similarly, at Government Primary School, Mestwada, efforts will focus on infrastructure renovation and the installation of a dedicated drinking water station.

Navdeep Singh Mehram, Vice President, CSR & Sustainability, Diageo India said, "We are committed to preserving water for life as part of our ‘Spirit of Progress’ ESG action plan. Access to clean water and proper sanitation is essential for community well-being, particularly for young students. Through these WASH initiatives, we are ensuring a conducive learning environment, while empowering communities with sustainable water solutions. By investing in these projects, we aim to strengthen our commitment to responsible and inclusive growth and create long-term positive change."

Abhishek Tyagi, AVP – Social Impact Programs, BharatCares shared, “We are delighted to collaborate with Diageo India on this community engagement initiative. This WASH project will help create a lasting impact by ensuring access to clean water and sanitation facilities. Our aim is to enhance the quality of life and improve health outcomes for the community, especially women and children, and help them lead a dignified life.”

Vandita Paresh Naik, Principal, Government Primary School, Bethoda stated, “The newly renovated facilities will make a huge difference for our students, ensuring they have access to clean drinking water and improved sanitation. This initiative will help enhance the overall well-being and learning experience of our children.”

Diageo India has been actively championing WASH initiatives across eight states, positively impacting individuals through improved water accessibility, sanitation, and hygiene awareness. These efforts align with the company’s broader sustainability and community engagement goals under its Spirit of Progress ESG action plan.

Online grocery retailer Zepto is in discussions for a secondary share sale worth up to $250 million, allowing existing shareholders to sell equity while increasing Indian ownership ahead of a planned initial public offering (IPO) later this year. The move aligns with Zepto’s broader strategy to strengthen its retail presence in India before going public.

The private equity divisions of Motilal Oswal Financial Services Ltd. and Edelweiss Financial Services Ltd. are in talks to acquire shares in the secondary sale, according to sources familiar with the matter. Zepto itself will not raise additional capital through this transaction, but employees and some investors will have an opportunity to liquidate their holdings. The sale is expected to take place at a valuation of just over $5 billion, consistent with Zepto’s last funding round in late 2023.

Zepto’s initiative aims to increase Indian investor participation, currently at 33 percent of its cap table. The company intends to raise this shareholding to around 50 percent before its IPO, which could take place later in 2024 or early 2026. Founders Aadit Palicha and Kaivalya Vohra hold about 20 percent of the company.

Secondary stock sales have often been debated, as they allow executives and employees to monetize their holdings before an IPO. However, in recent years, such transactions have been used as a tool to retain talent and provide liquidity to early investors.

Operating in India’s competitive grocery delivery market, Zepto faces competition from Amazon India, SoftBank-backed Swiggy, publicly listed Zomato, and Tata Group’s BigBasket. The company was founded in 2021 by Palicha and Vohra, who dropped out of Stanford University’s computer science program to establish the startup in India.

India’s direct selling industry has recorded a turnover of Rs 22,142 crore in FY 2023-24, reflecting a 4.4 percent year-on-year growth from Rs 21,282 crore in the previous fiscal. The sector continues to expand, supported by a compound annual growth rate (CAGR) of 7.15 percent over the past five years, according to the Annual Survey Report released by the Indian Direct Selling Association (IDSA). The survey, conducted by IPSOS, was presented by Chirag Paswan, Union Minister for Food Processing Industry, at an event focused on the industry's development.

The report highlights the regional distribution of sales, with the northern region leading at 29.8 percent, followed by the East (24.2 percent), West (22.4 percent), South (15.3 percent), and Northeast (8.3 percent). Maharashtra accounted for the highest sales share at 13 percent, followed by West Bengal (11.3 percent), Uttar Pradesh (10 percent), Bihar (6.2 percent), and Karnataka (5.7 percent). Wellness and nutraceutical products contributed 64.15 percent of total sales, while cosmetics and personal care made up 23.75 percent, and household goods accounted for 3.1 percent. These three categories collectively represent 91 percent of total direct sales in India’s retail sector.

The number of active direct sellers has also risen, reaching 88 lakh compared to 86 lakh in the previous year. Women now make up 44 percent of the total direct seller workforce, an increase from 37 percent in FY 2022-23, reflecting the growing presence of women entrepreneurs in the industry.

Addressing the event, Paswan acknowledged the direct selling industry’s contribution to self-employment and job creation. He emphasized the importance of product quality and reaffirmed the government’s commitment to creating a business-friendly environment. He encouraged the sector to adopt good manufacturing practices and assured stakeholders of continued support, particularly in addressing concerns related to the nutraceutical segment and improving access to business loans.

Vivek Katoch, Chairperson of IDSA said, “The report showcases an encouraging trend for the direct selling industry in the country. The growth trajectory of the industry has been on a surge over the years. A CAGR of 7.15 percent is a testament to the fact that direct selling businesses in the country have made steady growth and are poised to strengthen further in the years to come on the back of a promising regulatory framework by the government for the industry.”

The industry’s sustained expansion, coupled with regulatory support, indicates a positive outlook for direct selling in India's retail sector.

Retail businesses in India's liquor sector are looking to the new government in Delhi for policy changes that would create a level playing field for domestic premium liquor brands competing with imported products. Industry experts believe this could improve access to Indian-made single-malt whiskies, wines, and gins in the capital.

Currently, the excise policy in Delhi imposes a high brand-license fee, which has kept many domestic liquor manufacturers out of the market. Industry representatives argue that revising these regulations would enable consumers to access a wider range of locally produced premium alcoholic beverages.

With policy changes, Indian liquor brands could gain a stronger presence in Delhi's retail market, allowing them to compete more effectively with global counterparts while expanding consumer choices in the capital.

Retail brand Perona, known for its modern minimalism and craftsmanship in India’s luxury fashion market, has brought on board Paul, a designer with over two decades of experience in European fashion. Paul will work alongside Shruti Mangla, Co-Founder and Design Director at Perona, in a collaboration aimed at refining the brand’s approach to luxury western wear.

Paul’s career has been marked by material innovation and a focus on form, engaging in every stage of product development, from fabric selection to final execution. His expertise in performance wear-inspired elements aligns with Perona’s aesthetic, further enhancing the brand’s design philosophy. Shruti Mangla, who has played a key role in establishing Perona’s identity, has built the brand around technical precision in draping, pattern-making, and construction, ensuring product integrity remains at the forefront.

The partnership integrates diverse creative perspectives, blending global design influences with Perona’s craftsmanship. "What we craft is more than decorative beauty. It is simplistic. It is timeless," Paul and Mangla state, emphasizing their shared commitment to intelligent design.

Puneet Mangla, Founder of Perona said, "What impressed us most was his understanding that fashion must be visually compelling and culturally relevant. His approach builds an enduring, organically evolving design language that aligns with our values.”

As part of this collaboration, Perona is set to launch SENSORIAL for Spring-Summer 2025, a collection focused on authenticity, craftsmanship, and functional elegance. With Paul’s first collection debuting this summer, Perona continues to evolve its design direction, emphasizing a balance between innovation and timeless craftsmanship in India’s retail fashion sector.

Swarovski has continued its impressive growth trajectory, marking another year of strong financial performance, driven by record brand desirability, captivating product collections, and an immersive retail experience that resonates with consumers in India and global markets alike.

The family-owned Swarovski Crystal Business has reported its financial results for the year ending December 31, 2024, showcasing robust organic growth of 6 percent year-on-year, with revenue reaching €1,906 million. Despite a challenging global trading environment, the company recorded an impressive 8 percent like-for-like growth, with an exceptional 11 percent increase in the fourth quarter alone. EBITDA rose by double digits, and for the first time in five years, operating profit turned fully positive, highlighting a strong operational turnaround.

These results reinforce the success of Swarovski’s LUXignite strategy, which blends the brand’s rich heritage with modern cultural relevance, firmly establishing its position in the Pop Luxury space.

“Our continued strong results demonstrate the effectiveness of the LUXignite strategy and Swarovski’s ability to deliver with excellence, even in a volatile environment. This success reflects the dedication of our employees, partners, and the unwavering support of our shareholders. As we celebrate our 130th anniversary in 2025, our focus remains on disciplined execution, creative excellence, strategic investments, and financial prudence,” said Alexis Nasard, CEO, Swarovski.

Swarovski Created Diamonds experienced a surge in demand, with sales more than doubling year-on-year, reflecting a growing interest among Indian consumers in sustainable luxury. Store profitability increased by 7 percent compared to the previous year, driven by an enhanced in-store experience and higher footfall in premium Indian retail destinations.

Swarovski’s operational profit turned fully positive in 2024, supported by increased operating leverage and stringent cost discipline. EBITDA rose by 14 percent, accompanied by notable improvements in cash flow generation and the company’s leverage ratio.

The year also saw a series of high-profile events that underscored Swarovski’s artistic excellence and cultural relevance worldwide, including India. The brand maintained a strong presence at global fashion events such as the Met Gala and Vienna Opera Ball, while the "Masters of Light" exhibition in Milan and Seoul highlighted Swarovski’s craftsmanship and heritage. The company launched new flagship stores, including one in Milan’s iconic Piazza del Duomo, and entered the fine fragrances market through a licensing agreement with Coty.

Looking ahead to 2025, Swarovski will celebrate its 130th anniversary under the theme “130 Years of Joy,” honoring its legacy while embracing the future with a renewed focus on creativity, brand elevation, and exceptional customer experiences. With its rapidly expanding luxury segment and digitally savvy consumers, the Indian market remains a crucial part of Swarovski’s growth strategy.

Zeno Health, one of India’s leading omnichannel pharmacy networks, has introduced a 50-minute medicine delivery service in Mumbai. This initiative aims to provide quicker access to essential medications, particularly generics that are often difficult to find elsewhere. By strengthening its omnichannel presence, Zeno Health seeks to eliminate delays in urgent and chronic care medication delivery, reinforcing its mission to democratize healthcare access.

Leveraging its extensive retail network and technology-driven logistics, Zeno Health will utilize its 180+ stores as micro-fulfillment centers, ensuring real-time stock availability and rapid dispatch. Unlike traditional models that rely on centralized warehouses—leading to longer fulfillment times—Zeno Health’s decentralized approach enables faster deliveries. Additionally, the company’s direct sourcing from manufacturers eliminates intermediaries, allowing it to offer medicines at up to 60% cost savings without compromising on quality.

Girish Agarwal, Co-founder & Director, Zeno Health highlighted, “Seamless access to essential medicines is a fundamental pillar of quality healthcare. At Zeno Health, we are ensuring real-time stock availability and rapid dispatch to eliminate delays that impact patient care. Our 50-minute delivery service is not just about speed—it’s about building a patient-first healthcare ecosystem that enhances affordability, trust, and access at scale.”

Siddharth Gadia, Co-founder, Zeno Health shared, "Healthcare can’t wait—every delay in medicine availability affects lives. Our 50-minute delivery service ensures that no one is left waiting for essential medicines, whether for chronic conditions or immediate care. This initiative reinforces our commitment to breaking barriers in healthcare access and ensuring that high-quality, affordable medicines reach those who need them the most."

Customers can place orders via the Zeno Health app, in-store, or over the phone, with the added benefit of free delivery and no minimum order requirement—whether for a single strip of medicine or a full prescription. To further enhance convenience, Zeno Health also offers a no-questions-asked return policy, ensuring a seamless and hassle-free experience for patients.

Goyal Salt Limited, one of India’s leading FMCG players specializing in salt production, has announced its ambitious plan to double its turnover to Rs. 300 crore within the next two years. This growth is expected to be driven by the company’s new manufacturing facility in Gandhidham, which is set to commence commercial production by the end of March 2025.

The Gandhidham plant, spread across 12 acres, represents an investment of Rs. 80 crore and is expected to significantly boost Goyal Salt’s production capacity. With an annual capacity of 4,50,000 MT, the facility is currently in the trial run stage and is scheduled to be fully operational by the end of March 2025. This expansion will enhance the company’s market share and solidify its leadership in the industry.

Pramesh Goyal, Managing Director, Goyal Salt Limited said, “It is our pleasure to inform you that after complete commissioning of our latest manufacturing plant in Gandhidham, we expect the company turnover to at least double by the close of FY 2027. The establishment of the Gandhidham facility allows us to get closer to western and eastern markets in the country by reducing logistics costs and hastening the delivery of finished products to our customers. This underlines our firm commitment to expanding our market presence and bringing new high-quality products to the market. Our new manufacturing facility in Gandhidham is shaping up well and should be operational by the end of the current financial year.”

The company reported sales of Rs. 105.26 crore for the nine-month period ending December 2024, reflecting a growth of more than 34 percent compared to Rs. 78.55 crore during the same period last year.

Currently, Goyal Salt Limited operates with over 60 distributors across Northern markets and has recently appointed distributors in Maharashtra, Gujarat, Assam, and Orissa. With a retail presence spanning 5,000 outlets, the company envisions reaching every household in India within the next five years.

Bradford License India is excited to announce its partnership with Jay Jagannath, the award-winning animated series that received the Best 2D Animated Series Award at the ANN Awards 2024. Inspired by the revered Lord Jagannath, this highly acclaimed mythological series is set to expand globally, marking its entry into the licensing market. This collaboration will open new opportunities to introduce the beloved series across various consumer product categories, including apparel, toys, home décor, and more.

Jay Jagannath has already completed 78 episodes, engaging and captivating audiences with compelling storytelling, garnering an 8.0 IMDb rating. Building on its growing popularity, several new episodes are currently in production, along with two feature films that will further expand the franchise and its reach. The show has gained significant viewership on POGO by Warner Bros. Discovery India and has further extended its reach through its dedicated YouTube channel. As the series continues to grow in popularity, the licensing potential for Jay Jagannath is immense. The series follows the inspiring journey of Lord Jagannath (in his human form as Jagan) and his devoted friend Balram Das, exploring themes of love, respect, friendship, and fearlessness. With its unique storytelling and compelling characters, the show has captured the attention of viewers, young and old alike, establishing a solid fan base and ensuring its place as a popular choice among Indian audiences. Toonz Media Group represents Jay Jagannath globally, managing its distribution and expanding its presence across international markets. 

Gaurav Marya, Chairman of Bradford License India shared, “We are thrilled to partner with Jay Jagannath to bring this iconic series into the licensing space. The series not only showcases the values of Indian culture but also has universal appeal, making it a perfect fit for the diverse Indian market. Our aim is to work with the best licensees to create an assortment of meaningful products that resonate with fans across India.”

Durga Prasad Dalai, Founder Director and Creative Head of Ele Animations Pvt Ltd, the creators of Jay Jagannath said, “We are delighted to partner with Bradford License India to take Jay Jagannath into the licensing realm. This collaboration will allow us to extend the reach of the series and share its powerful message with audiences across the country. We believe that this licensing partnership will bring about a new wave of excitement among fans and ensure the continued success of the series.”

P. Jayakumar, CEO of Toonz Media Group commented, “Jay Jagannath is a series that beautifully blends rich cultural heritage with engaging storytelling, making it a strong contender for global expansion. As the exclusive distributor, Toonz Media Group is excited to bring this beloved series to wider audiences and unlock its immense potential in the licensing space. Partnering with Bradford License India marks an important step in extending Jay Jagannath beyond screens, allowing fans to connect with the brand through a diverse range of products that celebrate its essence.”

This collaboration opens up exciting merchandise opportunities for Jay Jagannath, with Bradford License India facilitating the brand’s entry into India’s competitive licensing market. The series’ deep cultural influence, combined with its inspiring message, will form the basis for a diverse range of consumer products that will captivate audiences of all ages.

The Indian licensing market has witnessed impressive growth in recent years, driven by the rising demand for branded merchandise and the increasing influence of global and local entertainment properties. According to a report by Licensing International, the Indian licensing industry is expected to grow at a CAGR of 15% over the next few years, with key segments like apparel, toys, home décor, and stationery seeing significant growth. With a large and diverse youth demographic, the market presents a promising landscape for brands like Jay Jagannath to make a strong impact.

Jay Jagannath’s licensing opportunities will span various categories such as apparel, toys, stationery, home décor, and more, offering fans a diverse range of products to engage with, while also appealing to a broader demographic, including both children and adults, such as parents and grandparents. Bradford License India aims to drive the brand’s growth by creating innovative, high-quality products that align with the series’ values and storytelling.

For partnership inquiries, please reach out to info@bradfordlicenseindia.com
For more information,
Visit: www.bradfordlicenseindia.com
Follow us on: https://www.instagram.com/bradfordlicenseindia/

About Jay Jagannath
Jay Jagannath is an iconic Indian animated property, created by Ele Animations Pvt. Ltd., that brings to life the rich cultural legacy of Lord Jagannath in a modern, engaging format. Airing on POGO TV, the show has captivated audiences with its mythological storytelling, vibrant animation, and powerful messages. With its growing popularity, Jay Jagannath offers exciting licensing opportunities across various categories including apparel, toys, stationery, home décor, and more, appealing to a wide range of fans, from children to adults.
Visit: https://jay-jagannath.com/

About Bradford License India
Bradford License India, affiliated with Bradford Licensing LLC, is a leading global licensing agency specializing in brand licensing, retail merchandising, and market expansion strategies. Since its inception in 2010, Bradford has been at the forefront of the licensing industry in India, representing prestigious brands and creating successful licensing partnerships.
Visit: www.bradfordlicenseindia.com
#JayJagannath #IndianBrandLicensing #CulturalEntertainment #BradfordLicenseIndia #LicensingOpportunities #AnimatedSeries #GlobalBrands #IndiaExpansion

About ELE Animations Pvt Ltd
ELE Animations is emerging as a top exporter in the kids' animation segment, offering cutting-edge technology, top-notch quality, and original storytelling methodologies. With a strong international presence, having exported services to clients in over 36 countries, ELE Animations is now making significant strides with its own IP production and an international IP partnership with Toonz. Learn more at www.eleanimations.com.

About Toonz Media Group
Toonz Media Group is a 360-degree media powerhouse with over two and a half decades of unparalleled expertise in kids and family entertainment. As one of the world’s most active animation studios, Toonz produces over 10,000 minutes of 2D and CGI content annually. Its credits include acclaimed projects such as Wolverine and the X-Men (Marvel), Speed Racer: The Next Generation (Lionsgate), Mostly Ghostly (Universal), and Gummy Bear and Friends. Toonz also explores emerging technologies like AR, VR, and Gaming.
www.toonz.co

Mattlook Cosmetics has announced Sachin Chhabra's appointment as vice president of retail and offline growth. With over 26 years of experience in sales and managerial roles, he will focus on strengthening the brand’s retail presence and offline expansion in India.

Sachin has previously held key positions at brands such as Bella Vita, Modi Revlon, and Bergamot Beaute. His expertise in retail operations and sales is expected to enhance Mattlook Cosmetics’ offline market strategy and contribute to its growth in India and beyond.

Yashu Jain, Co-Founder and CMO, Mattlook Cosmetics said, "We are glad to welcome Sachin Chhabra into the Mattlook family. His wealth of experience and innovative outlook sits quite well with our vision of growing retail footprints and taking our quality beauty solutions to a wider audience."

Sachin Chhabra stated, "I am excited to be joining Mattlook Cosmetics in such a transformative season. The brand has immense potential to make a lasting mark in the beauty industry, and I look forward to leveraging my experience to fuel its retail growth journey and offline growth."

With his background in retail strategy and sales team development, Sachin Chhabra is expected to play a key role in expanding Mattlook Cosmetics’ offline distribution while ensuring the brand remains competitive in the beauty segment.

Saffron & Mishri, one of the recognized artisanal mithai brands, has made its grand debut in Mumbai with the launch of two stores and cafes in Mahalakshmi and Powai. Committed to reviving the legacy of Indian mithais and positioning them as a preferred dessert choice, the brand handcrafts its offerings using time-honored artisanal recipes and the finest ingredients. Founded by artist Gunjan Shrivastava, Saffron & Mishri is a passion project with a simple mission—to help people rediscover their connection to tradition through the rich flavors, textures, and stories of Indian sweets.

The brand’s fusion mithais offer a refreshing twist while maintaining the authenticity and craftsmanship that define India’s traditional sweets. Under Gunjan’s creative vision, Saffron & Mishri prioritizes purity, quality, and ethical sourcing, using premium ingredients such as saffron, nuts, and milk procured from various regions across India. 

Each store is designed to offer an immersive experience, with interiors inspired by Indian crafts like Banarasi and Kantha embroidery. The Powai outlet features a cozy cafe with Instagram-worthy interiors, making it an ideal space to enjoy mithai and flavorful chaat. The Mahalakshmi Experience Center, on the other hand, offers an interactive ‘Make Your Own Memories’ (MYOM) counter, allowing customers to participate in hands-on workshops.

Gunjan Shrivastava, Founder, Saffron & Mishri said, “During my travels across India, I discovered a treasure trove of mithai that carried the unique stories of our culture.  I have rediscovered recipes and perfected techniques behind each mithai, for our customers to indulge in its real flavors. Furthermore, we also observed that there is a significant void in today’s mithai industry—authenticity, hygiene, and transparency in sourcing are often overlooked. We therefore source the finest ingredients from different parts of the country and craft mithais in our state-of-the-art kitchen. At Saffron & Mishri, our aim is to help people rediscover their soul with Indian Mithais.”

With a vision to revive the tradition of sharing and gifting mithai during festivals, weddings, and milestones, Saffron & Mishri aims to become the go-to brand for artisanal sweets. The brand’s products are available at its Mahalakshmi and Powai stores, with pan-India delivery through its website, along with local deliveries via Zomato and Swiggy.

Krishival Nuts, one of the well-known brands in the premium flavored nuts segment, has achieved a significant milestone by surpassing US $100,000 in monthly sales in Singapore. The brand’s flavored cashews, pistachios, and almonds have gained immense popularity among consumers, driving strong sales growth in the region.

Currently, Krishival Nuts is available in 75 stores across Singapore, with plans to expand to 300 stores within the next year. This expansion strategy underscores the company’s commitment to strengthening its foothold in the competitive Singaporean market and catering to the increasing demand for high-quality, innovative flavored nuts.

Krishival Nuts attributes its success to its focus on quality, unique flavor profiles, and premium sourcing. By continuously innovating and maintaining high standards, the brand has been able to capture consumer interest and build a loyal customer base. The company aims to leverage this momentum to further expand its presence in international markets while reinforcing its brand identity.

With growing consumer awareness about healthy snacking, Krishival Nuts has positioned itself as a preferred choice for those seeking nutritious yet flavorful options. The brand’s emphasis on delivering authentic taste and freshness has been a key differentiator in a highly competitive industry.

Krishival Foods Limited, the parent company, is a rising FMCG player specializing in nuts, dried fruits, and ice cream. It markets its nuts and dried fruits under the ‘Krishival Nuts’ brand and ice cream under the ‘Melt n Melow’ brand through its subsidiary. As the company continues to expand its operations, it remains focused on delivering high-quality products that align with evolving consumer preferences.

The success of Krishival Nuts in Singapore marks a significant step toward global growth, reinforcing the brand’s ambition to become a major player in the premium snacking industry.

Retail giants Amazon and Walmart-owned Flipkart have been found in violation of Indian quality control regulations by stocking and selling products that lacked the required Bureau of Indian Standards (BIS) certification, India’s top product certification agency announced recently.

On Wednesday, the Bureau of Indian Standards (BIS) conducted raids at warehouses operated by both e-commerce firms in Tiruvallur district, Tamil Nadu. The raids revealed that both companies stored, sold, and exhibited products that did not carry the mandatory BIS standard mark, a government statement confirmed.

Responding to the findings, an Amazon India spokesperson stated that the company is “engaged closely with various stakeholders, including regulators.” Similarly, a Flipkart spokesperson reiterated the company’s commitment to compliance, stating, “The platform has several processes to review the listings sellers make on the marketplace and also conducts regular audits to ensure compliance.” Flipkart also emphasized its efforts to work with sellers to raise awareness and adhere to all applicable laws.

The BIS crackdown adds to the ongoing regulatory challenges faced by Amazon and Flipkart, both dominant players in India’s e-commerce industry. According to consultancy firm Bain & Company, India's e-commerce market was valued at $57 billion to $60 billion in 2023, with projections to exceed $160 billion by 2028.

During the raids, officials seized 3,376 uncertified products from Amazon’s warehouse, including flasks, insulated food containers, toys, and ceiling fans. From Flipkart’s warehouse, officials confiscated diapers, casseroles, and stainless steel water bottles.

This is not the first regulatory challenge for the two companies. In September 2023, an antitrust investigation found that Amazon and Flipkart had violated local competition laws by favoring select sellers on their platforms. Later in November, authorities raided several Amazon and Flipkart sellers, following a 2021 Reuters investigation that revealed Amazon had provided preferential treatment to select sellers to circumvent Indian regulations.

Amazon has denied any wrongdoing in response to these allegations.

Malabar Gold & Diamonds is set to expand its presence across India with the launch of 12 new showrooms by March 2025. This latest expansion drive will bring the total showroom count to 391 across 13 countries, strengthening the brand’s footprint in 19 Indian states.

The new showrooms will be located in Panvel (Mumbai), Sinhagad Road (Pune), Brahmapur and Soubhagya Nagar (Odisha), Dhanbad (Jharkhand), Hospet, Nagarbhavi, and Chitradurga (Karnataka), Nandyal, Amalapuram, Machilipatnam (Andhra Pradesh), and Varanasi (Uttar Pradesh). The Malabar Group has invested Rs. 600 crores in this expansion phase and has hired 406 employees in various roles this financial year.

Further strengthening its global presence, Malabar Gold & Diamonds plans to open 60 new showrooms in 2025, including five new locations in April across the Middle East, UK, and Canada.

As part of its branding efforts, Malabar Gold & Diamonds has launched a consumer awareness campaign featuring actor and brand ambassador NTR Jr. The campaign reinforces the brand’s commitment to sustainability, authentic hallmarked jewelry, and certified natural diamonds, positioning it as a responsible jeweler.

MP Ahammed, Chairman, Malabar Group said, "Our expansion plan is aligned with our broader vision of extending our global footprint and offering quality-focused, transparent retail practices coupled with a world-class shopping experience to more people across the world. We are deeply committed to ethical business practices and responsible sourcing, which are at the core of our values. As we continue to grow and enter new markets, each showroom opening represents a step closer to realizing our vision of becoming the world’s number one jewelry and luxury brand. This global market penetration not only broadens our reach but also strengthens our position as a trusted brand that offers excellence, integrity, and unparalleled luxury to our customers worldwide."

Each showroom will showcase a diverse range of traditional and contemporary jewelry collections, paired with a personalized shopping experience that reflects Malabar Gold & Diamonds’ dedication to customer service excellence.

Malabar Gold & Diamonds operates 11 state-of-the-art factories in India and five international units, ensuring world-class craftsmanship and quality in jewelry manufacturing. Key facilities in Hyderabad, Jaipur, and Bangalore serve as innovation hubs, leveraging cutting-edge technology to create exquisite designs while adhering to the highest standards of legal compliance, quality assurance, and sustainability. 

Beyond India, Malabar Group’s global footprint spans across the UAE, Qatar, Kuwait, Oman, Saudi Arabia, Bahrain, Singapore, Malaysia, the USA, UK, Canada, and Australia. 

Corporate social responsibility remains central to Malabar Group’s mission. Its ‘Hunger Free World’ initiative provides nutritious meals to 60,000 individuals daily across 81 cities in 17 Indian states. 

Juicy Couture, a renowned Los Angeles-based lifestyle brand known for its signature blend of casual glamour, is set to make its much-anticipated debut in the Indian market. The brand is entering India in collaboration with Brand Concepts Ltd., a leader in introducing global fashion, travel gear, handbags, and lifestyle accessories to the country. This partnership aims to bring Juicy Couture’s signature collection of handbags and luggage to Indian consumers, infusing the fashion scene with its fresh and vibrant energy.

The debut collection features a striking range of handbags and luggage that seamlessly merges luxury with everyday fashion. Juicy Couture’s offerings bring together California’s cool, laid-back aesthetic with opulent charm, creating timeless pieces that exude both style and fun. Designed to cater to fashion-forward Indian shoppers, the collection encapsulates the brand’s commitment to casual luxury, ensuring a perfect balance between comfort and sophistication.

"We are excited to bring Juicy Couture’s iconic handbags, travel gear & lifestyle accessories collections to India. With our expertise in curating premium fashion pieces, this collaboration is a perfect match for Juicy Couture’s bold and trendy aesthetic. As Indian consumers continue to seek high-quality, distinctive brands, we’re thrilled to offer them a label that blends luxury with playful style. This partnership marks an exciting milestone, and we are confident that Juicy Couture will strike a chord with fashion-forward Indian shoppers who value both sophistication and unique flair. Brand Concepts Ltd. will oversee the design, manufacturing, and distribution of the handbags and travel accessories,” shared Abhinav Kumar, Cofounder & CEO of Brand Concepts Ltd. 

Whether consumers are drawn to Juicy Couture’s statement-making handbags or timeless luggage pieces, the brand ensures that every moment feels special. By embracing effortless California style, Juicy Couture allows fashion enthusiasts to enjoy a perfect fusion of trend and comfort, offering a stylish yet fun take on casual luxury.

With its distinctive blend of fashion-forward designs and playful elegance, Juicy Couture is all set to redefine casual luxury in India, offering consumers an exciting new way to express their style.

BESTSELLER India has announced the appointment of Sumit Dhingra as its new Country Director, effective June 1, 2025. With over two decades of experience in the fashion and lifestyle industry, Sumit brings extensive expertise in brand building, retail expansion, and strategic business management. His appointment marks a significant milestone in BESTSELLER’s continued growth and commitment to the Indian market.

Sumit’s career spans leadership roles at some of the most renowned fashion brands. He began with Aditya Birla Fashion and Lifestyle and United Colors of Benetton before spending a decade at Arvind Fashions, where he played a pivotal role in scaling multiple international brands. In 2019, he joined Crocs, successfully leading business operations across India, Southeast Asia, the Middle East, and Africa, strengthening the brand’s footprint in these regions. With a deep understanding of retail operations, strategic planning, and market expansion, he is well-positioned to lead BESTSELLER India into its next phase of growth.

Anders Holch Povlsen, CEO, BESTSELLER expressed, “Sumit has strong experience in the fashion industry and a leadership approach that aligns well with BESTSELLER and our goals in India. We remain focused on growing our business in this market, and I’m confident that, together with the team, Sumit will help drive that growth. India is an incredibly important market for BESTSELLER, and we deeply appreciate the trust and support of our customers here. We look forward to continuing to strengthen our presence and delivering great fashion experiences to our customers across the country."

“BESTSELLER has firmly established itself as a prominent player in the Indian fashion landscape, and I am excited about the opportunity to contribute to its next phase of growth. All BESTSELLER brands are currently at an interesting juncture, having achieved significant progress while presenting substantial opportunities for further expansion and growth. I look forward to collaborating with the team to deliver excellence in the Indian market,” shared Sumit Dhingra on his appointment.

Sumit Dhingra succeeds Vineet Gautam, who stepped down as Country Director last year. His appointment signals BESTSELLER India’s commitment to strengthening its presence and delivering exceptional fashion experiences in the Indian market.