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India’s retail market to touch US $1.1 trillion by 2020: study

The retail market in India is likely to reach US $1.1 trillion by 2020 from the current level of US $680 billion, according to the just published study jointly by MRRSIndia and ASSOCHAM. The study said that Retail and FMCG...

Rural FMCG market to reach US $220 bn by 2025: Study

India's rural fast moving consumer goods (FMCG) market is expected to grow at a compounded annual growth rate of 14.6 per cent and reach US $220 billion by 2025, a joint study said here on Wednesday. This is because of...

Rise in food prices accelerates India's wholesale price inflation

An exponential rise in food prices accelerated India's annual rate of inflation based on wholesale prices to 3.59 per cent in October. According to data from the Ministry of Commerce and Industry released on Tuesday, the wholesale price index (WPI),...

Chinese products sales may decline 40-45 pc this Diwali: Assocham

Be it decorative items like lights, gift items, lamps and wall hangings or other product, the sale of Chinese products is likely to decline by 40-45 per cent this Diwali as compared to last year, a survey by Assocham-Social...

Allow small shops to open all days: Assocham

Industry chamber Assocham on Sunday urged the Central Government to ask states to enact laws to allow small and medium level shops to stay open all seven days. Noting that large shopping malls remain open through the week, the Associated...

India's food processing sector can generate $33 bn in funds, 9 mn jobs by 2024: Study

The Indian food processing sector has the potential to attract $33 billion of investment and generate nine million person-days of employment by 2024, industry chamber Assocham said on Sunday, citing its study. "By 2024, food processing sector is expected to...

Will the e-commerce wagon gather speed putting the sluggish growth year behind?

Going by short medium term trends, the Indian e-commerce wagon gathering speed seems to be the case and that too on an optimistic note. However, this may not remain the case in the long run if certain changes in...

E-commerce Trends for 2017: A Betaout Study

The increasing use of digital technologies in buying and selling merchandise for convenience and mobility pushed e-commerce in India to an inflection point in 2016. The rapid growth of smartphones and internet connectivity across the country, especially in tier-II and...

Indian m-wallet market expected to be Rs 1,512 bn by FY22

The mobile-wallet market in India is expected to grow at over 190 per cent to reach Rs 1,512 billion by financial year 2022 from the current level of about Rs.1.5 billion, says a study conducted jointly by trade body...

Unorganised sector hit hard by demonetization; witnesses job cuts

The major sectors of the economy including FMCG, jewellery and SMEs have been hit post demonetisation, while the unorganised sector is seeing job losses, said industry body Assocham. In an interview to PTI, Assocham President Sunil Kanoria lamented the lack...
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Smartsters opens shop-in-shop store at Crossword in Pune

Currently, the company plans to open over 10 shop-in-shop locations pan India Bengaluru: Kids’ furniture brand Smartsters has launched its...
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