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Walmart e-entry makes India attractive to global majors: Experts

The whopping US $16-billion mega deal by global retail giant Walmart with the country's leading e-tailer Flipkart for majority stake makes India an attractive destination for global majors in the digital space, industry experts said on Wednesday.Kishore Biyani, CEO,...

Retail, wellness may create most jobs in the near future: Assocham

Amid the controversy on jobless growth in India, industry chamber Assocham on Sunday cited its report holding that sectors like real estate, retail, wellness and transport and logistics may create most jobs in the near future. The Associated Chambers of...

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 FMCG sector to reach US$ 104 bn by 2020: Study

India's market for fast moving consumer goods (FMCG) is expected to more than double to US$ 104 billion by 2020 from the present level of US$ 49 billion, a research report said on Wednesday. According to the Assocham-TechSci Research report,...

Government, Opposition must join hands for GST breakthrough: Assocham

Government and the main opposition party should get the long-stalled Constitutional Amendment Bill on GST passed in the Rajya Sabha in first few days of the monsoon session of Parliament, industry body Assocham has said. "At this point, when macroeconomic...

Indian footwear industry to reach Rs 38,700 crore by 2015: ASSOCHAM

Growing at a compound annual growth rate (CAGR) of about 15 percent, the Indian footwear industry is likely to reach approximately Rs 38,700 crore by 2015 from the current level of around Rs 22,000 crore, according to a study...

Online shopping to touch over Rs 5,000 cr during Diwali: ASSOCHAM

Online shopping industry may touch Rs 5,000 crore during Diwali due to increased sales of consumer electronics and other products, an Assocham survey has said. The online demand for products like mobile phones, e-tablets, consumer electronics, home appliances, home...

Delhi-NCR malls expect increased footfall during Diwali: ASSOCHAM

The mall owners in Delhi-NCR are expecting an increase of over 100 percent in visitor footfalls during Diwali as retailers along with the consumer durable firms are offering attractive incentives like discounts, free gifts and interest free finance options...

Will a single nodal agency help Indian retail?

Estimated to grow at 13 per cent annually from USD 322 billion in 2006-07 to USD 590 billion in 2011-12, according ICRIER estimates, retail accounts for over 10 per cent of India’s GDP. Fuelled by increasing customer base, rising...

Single `national agency’ for retail sector: Assocham

Over 95 per cent of organised retailers have opposed retail sector being jointly regulated by ministries of commerce & industry and consumer affairs, emphasising that retail operations ought to be regulated by a single national agency to ensure...
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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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