Test Dummy

ITEM-00154

vol5617hfn

vosi63jagh

vosi83joj2

vol51o8hh8

vosi39libe

vosioain3r

vp8u1grc5p

vp8uglbip4

vp8urmjhhj

vp8usraso2

<div class="woocommerce-tabs wc-tabs-wrapper" style=""><div class="woocommerce-Tabs-panel woocommerce-Tabs-panel--description panel entry-content wc-tab" id="tab-description" role="tabpanel" style="box-sizing: border-box; counter-reset: footnotes 0; margin: 0px 0px 2em; padding: 0px;"><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">Welcome to our First issue of 2026. A year where winners in retail will be those who can read the quiet signals—and act before the noise begins. As India’s retail market races towards the trillion-dollar mark, some of the most powerful inFLluences on buying decisions remain invisible. In this issue, we spotlight merchandising—the silent salesperson shaping impulse, preference, and loyalty across kiranas and supermarkets, where most of India still shops. Read the story on pages 18–19.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">On pages 20-21, we bring you the story on how grocery apps have outgrown their role as digital store aisles. In 2026, they are evolving into intelligent food companions—anticipating needs, personalising baskets, and guiding choices through AI-led recommendations, voice, and visual search. Convenience is giving way to cognition. But this shift raises tougher questions: who controls the algorithm, how much inFLluence is too much, and where do trust, transparency, and data ethics fit in an AI-driven food economy?</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">Turning to the food service side of the magazine, our cover story in this issue on pages 22-32 features Daryaganj Restaurant—the modern revival of a storied North Indian legacy. Founded in 2019 by Raghav Jaggi and Amit Bagga, Daryaganj is best known as the home of butter chicken and dal makhani, rebuilt from scratch after the original outlet was sold. Today, the brand spans 15 outlets in India and abroad, clocks ~Rs.100 crore in annual revenue, and is chasing a Rs.1,000-crore, 100-restaurant vision—proof that nostalgia, when paired with discipline, can scale.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">To close the issue, we take you straight to the action from Day 2 of India Food Forum 2025, where the spotlight was Firmly on HoReCa and food service. With 3,000+ delegates, 500+ brands, 250+ industry leaders, and 100+ exhibitors, the Forum once again reinforced its position as India’s most definitive food business platform. Turn to pages 38–61 for a ringside view of the most incisive panels, standout keynotes, and the PepsiCo Adrenaline Rush IMAGES Food Service Award winners. This isn’t just a recap—it’s a sharp snapshot of where India’s food service industry is headed next.</p></div></div><section class="up-sells upsells products" style=""><br class="Apple-interchange-newline"></section>

Images Business of Food – January 2026

ITEM-00150

1dmhgepq12

1ds09ofa2h

1ds0u18049

1dmh5adp0u

1ds04laj0b

1ds0d0vn2i

1e7i3v1sr5

1e7icps1on

1e7id93nn7

1e7inut5ns

GST_18

fa67edc6c0

<div class="woocommerce-tabs wc-tabs-wrapper" style=""><div class="woocommerce-Tabs-panel woocommerce-Tabs-panel--description panel entry-content wc-tab" id="tab-description" role="tabpanel" style="box-sizing: border-box; counter-reset: footnotes 0; margin: 0px 0px 2em; padding: 0px;"><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">Dear readers,<br style="box-sizing: border-box;">Once treated as a practical of shoot of adult clothing, kidswear has evolved into one of the most vibrant and resilient segments of India’s fashion industry. For brands and retailers, kidswear today represents more than seasonal sales—it offers predictable demand, repeat purchases, and strong emotional connect with consumers, making it a critical pillar of longterm growth in the Indian apparel ecosystem.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">Currently, the Indian kidswear market is witnessing sustained momentum, driven by rising disposable incomes, urbanisation, and a new generation of informed, aspirational parents. The category has moved beyond unbranded basics to structured, brand-led offerings across mass, premium, and luxury tiers. While ofline retail continues to play a dominant role—especially for fit, touch, and trust—digital channels are rapidly expanding, reshaping how parents discover, compare, and purchase children’s clothing. This omnichannel evolution has allowed brands to scale faster and reach deeper into Tier II and III markets.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">Trends shaping demand reflect the changing mindset of Indian families. Comfort-first design has become non-negotiable, with cotton-rich, skin-friendly fabrics leading the way. Sustainability is no longer a niche conversation; parents are increasingly seeking safe dyes, durable materials, and responsible sourcing. At the same time, fashion-forward influences—athleisure, character licensing, gender-neutral palettes, and fusion ethnicwear— are gaining traction, driven by children becoming active participants in purchase decisions.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">Over time, the kidswear industry has adapted by blending function with storytelling and innovation. Brands are investing in better fabrics, sharper design, and tech-enabled forecasting to reduce waste and improve eficiency. Looking ahead, kidswear in India is set to evolve as a purpose-led, experience-driven category—where comfort, conscience, and creativity define success, positioning it as a cornerstone of the country’s apparel growth story.</p></div></div><section class="up-sells upsells products" style=""><br class="Apple-interchange-newline"></section>

Images Business Of Fashion – December 2025

ITEM-00149

1adh4kfhsi

1ahk8ok7h4

1ahkrm2ufa

1adh2k0v6n

1ahkbprag4

1ahkhhcmmo

1arj82lpf2

1arjb6j36s

1arjivp66s

1arjrjsgdh

<div class="woocommerce-tabs wc-tabs-wrapper" style=""><div class="woocommerce-Tabs-panel woocommerce-Tabs-panel--description panel entry-content wc-tab" id="tab-description" role="tabpanel" style="box-sizing: border-box; counter-reset: footnotes 0; margin: 0px 0px 2em; padding: 0px;"><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">India’s FMCG sector is entering a phase where fierce competition is<br style="box-sizing: border-box;">reshaping strategy and scale. As consumption steadies and inflation<br style="box-sizing: border-box;">softens, legacy majors are defending share, digital-first challengers are<br style="box-sizing: border-box;">accelerating, and regional players are pushing for national presence. In this<br style="box-sizing: border-box;">context, our December issue features Ghodawat Consumer (pages 18–24) as a<br style="box-sizing: border-box;">case study in the strategic reset many mid-sized FMCG firms are undertaking.<br style="box-sizing: border-box;">Its 5X growth ambition, shift from manufacturing-led to innovation- and<br style="box-sizing: border-box;">brand-driven expansion, and push to premiumise staples while scaling<br style="box-sizing: border-box;">lifestyle brands mirror how India’s next chapter of FMCG<br style="box-sizing: border-box;">growth may be shaped as much by agile, fast-rising contenders as by<br style="box-sizing: border-box;">established giants.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">Our cover story (pages 26–37) spotlights Hyderabad-based Red Rose<br style="box-sizing: border-box;">Supermarket, a young disruptor rapidly redefining affordable modern retail.<br style="box-sizing: border-box;">In just two years, it has grown from a family tyre-puncture shop into a Rs.75-<br style="box-sizing: border-box;">crore debut and a Rs.125-crore second year, driven by 25-year-old CEO Zia<br style="box-sizing: border-box;">Rahman and Business Head Sreedhar Tejomurtula.<br style="box-sizing: border-box;">Today, Red Rose operates five stores across Hyderabad, spanning 80,000<br style="box-sizing: border-box;">sq. ft. of retail space with a 75,000 sq. ft. flagship set to open. The chain<br style="box-sizing: border-box;">clocks 1.5 lakh monthly bill cuts and averages roughly Rs.1,950 per sq. ft. per<br style="box-sizing: border-box;">day in sales—all while operating on razor-thin margins to remain the city’s<br style="box-sizing: border-box;">undisputed price leader.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">To round off this issue, we bring you the highlights of India Food Forum<br style="box-sizing: border-box;">2025. With 3,000+ attendees, 500+ brands, 250+ experts, and 100+ exhibitors,<br style="box-sizing: border-box;">it remains the most comprehensive business platform across India’s food<br style="box-sizing: border-box;">value chain.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">Turn to pages 38–61 for a front-row view of the Forum’s most compelling<br style="box-sizing: border-box;">moments—incisive panels, powerful keynotes, this year’s Coca-Cola Golden<br style="box-sizing: border-box;">Spoon Award winners, breakthrough product showcases, and more. More than<br style="box-sizing: border-box;">a recap, it’s a curated snapshot of where India’s food industry is heading—and<br style="box-sizing: border-box;">a reminder that the ideas, innovations, and alliances forged here will shape the<br style="box-sizing: border-box;">sector’s growth trajectory in the years ahead.</p></div></div><section class="up-sells upsells products" style=""><br class="Apple-interchange-newline"></section>

Images Business of Food – December 2025

ITEM-00148

16oelck4p1

16v6kdphci

16v6p1r3p5

16oe7dolsl

16v64djram

16v68pq795

17il88kh81

17ilejn0pc

17ileltm1o

17ilfnphrq

<div class="woocommerce-tabs wc-tabs-wrapper" style=""><div class="woocommerce-Tabs-panel woocommerce-Tabs-panel--description panel entry-content wc-tab" id="tab-description" role="tabpanel" style="box-sizing: border-box; counter-reset: footnotes 0; margin: 0px 0px 2em; padding: 0px;"><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">Dear readers,<br style="box-sizing: border-box;">Men’s fashion in India is undergoing one of the most profound evolutions in its history. What was once a space defined by functionality and muted expression has transformed into a vibrant arena of experimentation, aspiration, and cultural confidence. Today’s Indian man embraces clothing as a marker of personality, ambition, and lifestyle—ushering in a new era where menswear sits at the forefront of the country’s fashion momentum.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">A confluence of global exposure, digital influence, and rising incomes has fuelled this shift. The modern shopper is far more informed and discerning, evaluating fabrics, fits, performance attributes, and sustainability with a sharp eye. His wardrobe now stretches far beyond familiar staples: relaxed athleisure, refined smart-casuals, fluid occasionwear, and fashionforward silhouettes all have a place in his daily rotation. This lifestyle-driven mindset has prompted a seamless blending of categories, making the boundaries between casual, work, and festive dressing almost indistinguishable.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">The industry has responded with innovation, agility, and renewed creative ambition. Brands, both homegrown and internationalare reimagining menswear through hybrid design philosophies, performance textiles, and modular wardrobes tailored to dynamic routines. Stretch fabrics, breathables, wrinkle-free blends, and eco-conscious materials are no longer luxuries but expectations.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">Numbers underscore this rise. Menswear has emerged as the single largest pillar of India’s apparel sector, commanding nearly 40% of the market and witnessing remarkable postpandemic rebounds. Smaller cities are powering this growth, driven by digital retail, rising aspirations, and a democratised access to premium fashion.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">The future looks even more expansive. Digital-first retail, influencer-led discovery, live commerce, and quick-delivery fashion will shape the next decade, creating an ecosystem where content, community, convenience, and commerce merge. With projections pointing to a market nearly quadrupling by 2032, Indian menswear is not just growing— it is redefining the cultural fabric of modern male identity.</p></div></div><section class="up-sells upsells products" style=""><br class="Apple-interchange-newline"></section>

Images Business Of Fashion – November 2025

ITEM-00147

13424ejvev

13987d09bd

13989erom5

1342a9knrp

1398cdj55n

1398lcb3c5

13t31dn3of

13t3ltvl8s

13t3qbqpb6

13t3t906s1

<div class="woocommerce-tabs wc-tabs-wrapper" style=""><div class="woocommerce-Tabs-panel woocommerce-Tabs-panel--description panel entry-content wc-tab" id="tab-description" role="tabpanel" style="box-sizing: border-box; counter-reset: footnotes 0; margin: 0px 0px 2em; padding: 0px;"><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">India’s FMCG sector is showing clear signs of revival. With easing inflation and GST 2.0 bringing price relief, consumers — especially in smaller towns and rural areas — are spending more as digital and quickcommerce channels expand rapidly. Big brands are sensing the shift: volumes are rising, confiidence is improving, and sentiment is turning upbeat. As detailed on pages 28-38, this phase marks not just recovery but the start of a more durable growth cycle driven by affordability,accessibility, and smarter execution. If trends hold, FY26 could usher in a broad-based FMCG upswing.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">Within this larger story lies a compelling sub-plot — how India’s smallest packs tell its biggest consumption story. The Re 1 shampoo sachet, Rs.5 biscuit pack, Rs.10 noodle pouch, and single-serve spice sachet capture the pulse of everyday India. As detailed on pages 50-53, these Low Price Units have reshaped brand marketing and distribution while creating one of the world’s most inclusive and resilient consumption ecosystems.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">The same idea of staying accessible, relatable, and rooted in everyday India defines our cover story brand — Café Delhi Heights. Featured on pages 58-64, this homegrown chain has turned comfort dining into a national phenomenon. Since its first outlet in 2011, CDH has expanded to 48 outlets across 17 cities, serving over 3.5 crore guests. Co-founder Vikrant Batra plans to reach 55 outlets this fiscal and 120 outlets with Rs.500 crore in revenue by 2028 — proof that a deep connect with the Indian palate and consistent experience can drive scale as effectively as price and accessibility in FMCG.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">Even as restaurants like CDH expand their footprint, they’re also adapting to the evolving digital food delivery space. Visibility on delivery platforms is now essential for both new and established eateries. Yet, as our story on pages 54-56 explores, this convenience raises tough questions about cost, control, and long-term benefits.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">As India’s food and FMCG industries evolve in parallel, the common thread is: growth belongs to those who understand the consumer best.</p></div></div><section class="up-sells upsells products" style=""><br class="Apple-interchange-newline"></section>

Images Business of Food – November 2025

ITEM-00146

0tktac7ndu

0tpd2ktl1q

0tpdk46k7d

0tktq088pc

0tpdb9r5i1

0tpdq9i5lp

0u415ucddd

0u4193d91m

0u41if80sb

0u41siuffm

<div class="woocommerce-tabs wc-tabs-wrapper" style=""><div class="woocommerce-Tabs-panel woocommerce-Tabs-panel--description panel entry-content wc-tab" id="tab-description" role="tabpanel" style="box-sizing: border-box; counter-reset: footnotes 0; margin: 0px 0px 2em; padding: 0px;"><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">Dear readers,<br style="box-sizing: border-box;">Innerwear in India is quietly transforming the way we think about fashion and personal comfort. At first glance, it might seem like just another retail segment, but look a little closer, and you realise it is a category that combines intimacy, comfort, and self-expression in ways very few others do. Innerwear is no longer just about basic coverage; it’s about how a person feels throughout the day—confident, comfortable, and even empowered. That makes it one of the most essential categories in fashion today.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">Over the past few years, the segment has witnessed an influx of international brands, each bringing global design sensibilities and a promise of quality. These brands are not just introducing premium aesthetics; they are educating consumers about fit, support, and lifestyle-led designs. Today, Indian consumers are spoilt for choice whether it’s seamless T-shirt bras, shapewear that doubles as confidence boosters, or athleisureinspired innerwear that moves effortlessly from home to gym.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">Strengthening this momentum, bigger players like Reliance have formed a 50:50 joint venture with Israeli apparel major Delta Galil to design, manufacture, and sell innerwear in India. This partnership brings Delta Galil’s global brands and manufacturing expertise to Reliance’s retail platforms, supplementing its existing portfolio of Clovia, Zivame, and Amante; a move that directly challenges market leaders and elevates competition in the evolving innerwear space.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">Technology has been a game-changer. AI-driven fit recommendations, virtual try-on tools, and seamless garment engineering are helping brands deliver precisely what consumers need. Fabric innovations are equally exciting: breathable microfibers, bamboo blends, and moisturewicking, anti-microbial textiles ensure that comfort is never compromised, while sustainable materials are helping brands respond to the growing eco-conscious consumer.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">What strikes me personally is how these innovations are making innerwear more than just a purchase as they are creating an experience. Each piece tells a story of design, research, and care, turning what was once a hidden necessity into a thoughtful expression of personal style and comfort. For a market that touches so intimately on daily lives, the evolution of innerwear in India is not just business; it’s transformation, one garment at a time.</p></div></div><section class="up-sells upsells products" style=""><br class="Apple-interchange-newline"></section>

Images Business Of Fashion – October 2025

ITEM-00145

0opg2f9p56

0p1ufv2th9

0p1utp2qua

0opghvgmuf

0p1u0ad0fq

0p1u3k46m8

0pgo8jtq82

0pgo9o73oh

0pgoqj6tv9

0pgov0at68

<div class="woocommerce-tabs wc-tabs-wrapper" style=""><div class="woocommerce-Tabs-panel woocommerce-Tabs-panel--description panel entry-content wc-tab" id="tab-description" role="tabpanel" style="box-sizing: border-box; counter-reset: footnotes 0; margin: 0px 0px 2em; padding: 0px;"><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">In today’s restaurant economy, technology has amplified visibility but also reshaped power. Food delivery aggregators have helped restaurants reach new customers and scale faster than ever. Yet, this convenience comes at a steep cost: commissions of 20–30%, discountdriven promotions that drain margins, and an ecosystem increasingly tilted toward customer acquisition over restaurant sustainability. Our feature on page 50 explores how a smarter hybrid of physical and digital touchpoints is emerging as the restaurant world’s counter-narrative. The solution isn’t to reject digital but to reclaim it—on the restaurant’s own terms—by balancing aggregator visibility with owned digital channels and loyal walk-ins.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">This month’s cover story (pages 18–29) spotlights Zorawar Kalra, son of the late Jiggs Kalra, the revered “Czar of Indian Cuisine.” Zorawar has built his own empire of innovation through Massive Restaurants—home to Masala Library, Farzi Café, Pa Pa Ya, Made in Punjab, Swan, Bao Tai, and cloud kitchen formats like Louis Burger and Sliced Pizza. Over the past decade, his philosophy of “progressive Indian cuisine” has rede􀏐ined what Indian dining can be—authentic yet experimental, rooted yet global. With over 40 outlets across India, the UK, the US, Canada, and the Middle East, Zorawar represents the new face of Indian gastronomy—an entrepreneur blending art, analytics, and audacity to make Indian food a world conversation.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">And as India steps into its most vibrant quarter, our special feature (pages 30–38) delves into how Food as Gifts continues to embody India’s sweetest sentiment—now reimagined through the lenses of health, speed, and sustainability. From mithai to millets, and from heritage boxes to ten-minute deliveries, festive gifting has become both an emotional and economic engine. In 2025, food gifting captures India’s changing aspirations—where conscious indulgence meets instant gratification, and where every box exchanged carries a fllavour of progress as much as affection.</p></div></div><section class="up-sells upsells products" style=""><br class="Apple-interchange-newline"></section>

Images Business of Food – October 2025

ITEM-00144

c2mpa6q21p

c2rtdehdb9

c2rtvo0s5j

c2mpurkos4

c2rt1su3nd

c2rtl3omdf

c367g8e3t9

c367hclk92

c367j3f4ht

c367ksq8ed

<div class="woocommerce-tabs wc-tabs-wrapper" style=""><div class="woocommerce-Tabs-panel woocommerce-Tabs-panel--description panel entry-content wc-tab" id="tab-description" role="tabpanel" style="box-sizing: border-box; counter-reset: footnotes 0; margin: 0px 0px 2em; padding: 0px;"><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">Dear readers,<br style="box-sizing: border-box;">There’s something magical about winter. The air turns sharper, the mornings feel slower, and wardrobes suddenly become more exciting. For me, winter fashion has always been more than an extra layer against the cold, it’s a season of expression, where style gets to play with texture, warmth, and personality.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">In the September edition of Business of Fashion, we turn our gaze to how winterwear is transforming across India. What strikes me most is the way the category has outgrown its functional roots. From lightweight layering that works beyond December to statement coats that carry you from work to a weekend getaway, winterwear today is about versatility. It’s about creating pieces that adapt, evolve, and reflect the wearer’s individuality. Another fascinating shift is happening outside the metros.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">Tier-2 and Tier-3 cities are no longer the silent spectators of fashion; they are becoming the engines of growth. We hear brand leaders talk about how digital access, rising aspirations, and festive calendars are reshaping demand here. What was once a metropolitan trend is now being embraced widely. That says it all, winter fashion has truly gone democratic.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">And then, there’s the balance between sustainability and style. Fabrics and processes are being rethought, proving that being eco-conscious doesn’t mean compromising on design. Add to that the influence of Gen Z and Millennials bold in their choices, experimental in their layering, unafraid to mix athleisure with classics, as we are looking at a segment bursting with energy. As you turn these pages, I hope you feel the same excitement we did while putting this together.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">Winterwear, to me, is no longer about the chill outside, it’s about the 􀈃 re of creativity within the industry.</p></div></div><section class="up-sells upsells products" style=""><br class="Apple-interchange-newline"></section>

Images Business Of Fashion – September 2025

ITEM-00143

bv4r13skp6

bvbc04uhjm

bvbc3koe74

bv4r5ge985

bvbc58hapb

bvbcsqa3k2

bvp251v7el

bvp28k2984

bvp2jfkn42

bvp2jmlip2

<div class="woocommerce-tabs wc-tabs-wrapper" style=""><div class="woocommerce-Tabs-panel woocommerce-Tabs-panel--description panel entry-content wc-tab" id="tab-description" role="tabpanel" style="box-sizing: border-box; counter-reset: footnotes 0; margin: 0px 0px 2em; padding: 0px;"><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">Every year, India’s festive calendar unfurls like a carnival of color, emotion, and commerce. From Rakhi and Janmashtami in August to Diwali, Christmas, and New Year, these months remain the single biggest consumption cycle for food and grocery. Categories from chocolates and sweets to staples and spices surge, making this the sharpest churn of the retail year.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">Once defiined by mithai boxes, festive gifting today— read our feature on pages 18-27—has transformed into a $44 billion marketplace of gourmet hampers, wellness assortments, and digitally curated indulgences. For retailers, the season means double or triple category volumes, 20–30% higher footfalls, and weeks of meticulous supply-chain preparation. Simply put, gifting has become the centerpiece of strategy, sentiment, and sales.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">Equally, India’s food story is being reshaped by processing. As one of the world’s largest producers of grains, fruits, vegetables, and dairy, the country still loses signifiicant output to wastage. Food processing— supported by government schemes, new technologies, and entrepreneurial energy—has emerged as the bridge to higher farmer incomes, reduced waste, and nutrition-rich brands that can compete globally (pages 39-40). Yet, even amid this transformation, India’s retail backbone remains its kiranas, which still drive over 80% of FMCG sales. That’s why our cover story on pages 32-37 traces Flipkart Wholesale’s fiive-year journey.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">Launched in 2020 on the legacy of Walmart India’s cash-and-carry business, Flipkart Wholesale today empowers 1.2 million kiranas across 2,900 pin codes with credit, loyalty, and technology—reimagining how small retailers can thrive in a digital economy.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">Rounding off, turn to pages 42-44 for our foodservice story on McDonald’s India. Once synonymous with “burgers and fries,” it has pivoted into snacking, coffee, and value combos—embedding itself in more mealtimes and more conversations. The lesson is clear: in India’s food story, evolution is survival.</p></div></div><section class="up-sells upsells products" style=""><br class="Apple-interchange-newline"></section>

Images Business of Food – September 2025

ITEM-00142

bqnfk3beah

bqtei45268

bqteudopba

bqnfb1p4be

bqte3l8is3

bqteeb2d0n

bsev1i70rb

bsevbaj50v

bsevbn3e9s

bsevf7ehr9

THE $100 BILLION RECALIBRATION: From Gold Retailers To Lifestyle Empires

ITEM-00157

gmntf15svb

gmr1hd8c37

gmntf7fnc1

gmr151dlof

gna98iqj4c

<p class="MsoNormal" style=""><span style='font-size: 11pt; font-family: "Avenir Next", sans-serif;'>Decoding India's New Retail Ecosystems: Format Strategies, Category Shifts, Brand Expansion &amp; Future Opportunities<u></u><u></u></span></p><p class="MsoNormal" style=""><span style='font-size: 11pt; font-family: "Avenir Next", sans-serif;'><u></u>&nbsp;<u></u></span></p><p class="MsoNormal" style=""><span style='font-size: 11pt; font-family: "Avenir Next", sans-serif;'>8 Premium Malls<span>&nbsp;</span></span><span style='font-size: 11pt; font-family: "Avenir Next", sans-serif;'>|</span><span style='font-size: 11pt; font-family: "Avenir Next", sans-serif;'><span>&nbsp;</span>~7 Mn Sq. Ft.<span>&nbsp;</span></span><span style='font-size: 11pt; font-family: "Avenir Next", sans-serif;'>|</span><span style='font-size: 11pt; font-family: "Avenir Next", sans-serif;'><span>&nbsp;</span>1,500+ Brands &amp; Stores<span>&nbsp;</span></span><span style='font-size: 11pt; font-family: "Avenir Next", sans-serif;'>|</span><span style='font-size: 11pt; font-family: "Avenir Next", sans-serif;'><span>&nbsp;</span>42% Experience-Led Allocation<u></u><u></u></span></p><p class="MsoNormal" style=""><span style='font-size: 11pt; font-family: "Avenir Next", sans-serif;'><u></u>&nbsp;<u></u></span></p><p class="MsoNormal" style=""><b><span style='font-size: 11pt; font-family: "Avenir Next", sans-serif;'>Report features:<u></u><u></u></span></b></p><p class="MsoNormal" style=""><span style='font-size: 11pt; font-family: "Avenir Next", sans-serif;'>Unity One Elegante, Delhi<u></u><u></u></span></p><p class="MsoNormal" style=""><span style='font-size: 11pt; font-family: "Avenir Next", sans-serif;'>Inorbit Mall, Visakhapatnam<u></u><u></u></span></p><p class="MsoNormal" style=""><span style='font-size: 11pt; font-family: "Avenir Next", sans-serif;'>Inorbit Mall Hubballi<u></u><u></u></span></p><p class="MsoNormal" style=""><span style='font-size: 11pt; font-family: "Avenir Next", sans-serif;'>Lakeshore Y Junction Mall Hyderabad<u></u><u></u></span></p><p class="MsoNormal" style=""><span style='font-size: 11pt; font-family: "Avenir Next", sans-serif;'>Avenue Malls, Erode<u></u><u></u></span></p><p class="MsoNormal" style=""><span style='font-size: 11pt; font-family: "Avenir Next", sans-serif;'>Sky City Mall, Mumbai<u></u><u></u></span></p><p class="MsoNormal" style=""><span style='font-size: 11pt; font-family: "Avenir Next", sans-serif;'>Dlf Midtown Plaza, Delhi<u></u><u></u></span></p><p class="MsoNormal" style=""><span style='font-size: 11pt; font-family: "Avenir Next", sans-serif;'>Felix Plaza, Gurugram<u></u><u></u></span></p><br class="Apple-interchange-newline">

India's New Retail Landmarks: The Malls That Defined 2025-26.

ITEM-00156

gtn2vopu99

gu1b2kbbhs

gtn23gtv72

gu1b9eeu8n

gui2t2h2d7

<div class="woocommerce-tabs wc-tabs-wrapper" style=""><div class="woocommerce-Tabs-panel woocommerce-Tabs-panel--description panel entry-content wc-tab" id="tab-description" role="tabpanel" style="box-sizing: border-box; margin: 0px 0px 2em; padding: 0px;"><div class="ii gt" id=":sn" style="box-sizing: border-box;"><div class="a3s aiL" id=":so" style="box-sizing: border-box;"><div id="avWBGd-834" style="box-sizing: border-box;"><div dir="ltr" style="box-sizing: border-box;"><div class="gmail_quote" style="box-sizing: border-box;"><div dir="ltr" style="box-sizing: border-box;"><div style="box-sizing: border-box;"><p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 21px;">Retail on Wheels captures how India has turned e-commerce into an art form — powered by proximity, purpose, and a bit of chaos management. It’s not just a market report; it’s a mirror of how the world’s most complex retail ecosystem learned to move faster than traffic on the Western Express Highway.</p><p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 21px;">Across its three sections, Retail on Wheels tracks how a trillion-dollar consumption economy is being re-engineered — from defining the difference between e-commerce and quick commerce, to decoding how ONDC, UPI, and AI are quietly creating the world’s most inclusive, intelligent retail grid.</p><p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 21px;"><strong style="box-sizing: border-box; font-weight: bold;">Foundations: Demand, Definitions &amp; the Digital Flywheel&nbsp;</strong></p><p></p><ul style="box-sizing: border-box; padding: 0px;"><li style="box-sizing: border-box; line-height: 24px; margin: 0px 0px 0px 21px;">1.1 Defining E-Commerce and Quick Commerce&nbsp;&nbsp;in the Indian Context</li></ul><p></p><ul style="box-sizing: border-box; padding: 0px;"><li style="box-sizing: border-box; line-height: 24px; margin: 0px 0px 0px 21px;">1.2 &nbsp;How India Built a $60B E-Commerce Flywheel</li><li style="box-sizing: border-box; line-height: 24px; margin: 0px 0px 0px 21px;">1.3 &nbsp;Why Every Brand Needs an E-Commerce Strategy</li><li style="box-sizing: border-box; line-height: 24px; margin: 0px 0px 0px 21px;">1.4 &nbsp;India’s E-Commerce Acceleration: A Market in Motion</li><li style="box-sizing: border-box; line-height: 24px; margin: 0px 0px 0px 21px;">1.5 &nbsp;How India Shops &amp; Eats Online: Inside the $345 Billion E- &amp; Q-Commerce Revolution</li></ul><p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 21px;"><strong style="box-sizing: border-box; font-weight: bold;">Speed &amp; Proximity:&nbsp;</strong>&nbsp;<strong style="box-sizing: border-box; font-weight: bold;">Building the Instant-Commerce Stack&nbsp;</strong></p><ul style="box-sizing: border-box; padding: 0px;"><li style="box-sizing: border-box; line-height: 24px; margin: 0px 0px 0px 21px;">2.1 &nbsp;How AI, Data, and Dark Stores are Reinventing Fulillment for the Speed-First Shopper</li><li style="box-sizing: border-box; line-height: 24px; margin: 0px 0px 0px 21px;">2.2 &nbsp;Innovation in Q-Commerce: When Speed Meets Scale — and Reliance Gets its Move On</li><li style="box-sizing: border-box; line-height: 24px; margin: 0px 0px 0px 21px;">2.3 &nbsp;Quick Commerce Changing the FMCG Retail Landscape in India</li><li style="box-sizing: border-box; line-height: 24px; margin: 0px 0px 0px 21px;">2.4 &nbsp;Quick Commerce: The Fast Lane Redefining India’s Retail Future</li><li style="box-sizing: border-box; line-height: 24px; margin: 0px 0px 0px 21px;">2.5 &nbsp;How India’s E-Commerce Supply Chain is Solving for Speed and Scale</li><li style="box-sizing: border-box; line-height: 24px; margin: 0px 0px 0px 21px;">2.6 &nbsp;Speed, Scale, and the New Shape of Indian E-Commerce</li><li style="box-sizing: border-box; line-height: 24px; margin: 0px 0px 0px 21px;">2.7 &nbsp;India’s Digital Food Economy: The E-Commerce and Q-Commerce Surge</li></ul><p style="box-sizing: border-box; margin-top: 0px; margin-bottom: 21px;"><strong style="box-sizing: border-box; font-weight: bold;">E-Commerce 2030: Growth, Profitability &amp; the New Rules of Engagement</strong></p><ul style="box-sizing: border-box; padding: 0px;"><li style="box-sizing: border-box; line-height: 24px; margin: 0px 0px 0px 21px;">3.2 &nbsp;The Future of E-Commerce: The Decade of Intelligent Commerce</li><li style="box-sizing: border-box; line-height: 24px; margin: 0px 0px 0px 21px;">3.3 &nbsp;Regulation, Safety &amp; Compliance in India’s E-Commerce Food Ecosystem</li></ul></div></div></div></div></div></div></div></div></div><br class="Apple-interchange-newline">

Retail on Wheels 2025

ITEM-00155

qperq6rd6a

qpltecuq7t

qperdls9fj

qplt37p03e

qpvfqqv102

Grade-A vs Non–Grade-A: Visibility vs Profitability

ITEM-00153

1kbq8bbkhc

1kpmj5rdsj

1kbqgpipn3

1kpmfp6d0u

1l2lhv4fha

The Denim Bible India 2026 (Vol.2)

ITEM-00152

3iaq5u0aib

3io8rf7guh

3ittc4tdpi

4jgpavl4kq

4jq63t8vhg

4jq6kel09m

4muk1eudjv

4mukt9d4gn

<div class="woocommerce-tabs wc-tabs-wrapper" style="box-sizing: border-box; clear: both;"><div class="woocommerce-Tabs-panel woocommerce-Tabs-panel--description panel entry-content wc-tab" id="tab-description" role="tabpanel" style="box-sizing: border-box; counter-reset: footnotes 0; margin: 0px 0px 2em; padding: 0px;"><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">Dear Readers,<br style="box-sizing: border-box;">Over the past 25 years, the fashion retail industry has undergone a remarkable transformation—shaped by shifting consumer aspirations, evolving business models, and the constant interplay of creativity and commerce. From the early days of organised retail to today’s complex, omnichannel ecosystem, fashion has mirrored the pace of change in society, technology, and the economy. What was once a largely fragmented market has grown into a dynamic, globally connected industry driven by scale, speed, and innovation. In India, this journey has been particularly compelling. Rising incomes, urbanisation, global exposure, and a young, digitally native consumer have fuelled the expansion of fashion retail across categories, price points, and geographies. Brands have evolved from product-led players to experiencedriven organisations, while retailers have adapted to new formats, faster trend cycles, and the growing influence of data and technology.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">The Knowledge Company estimates that in the fiscal year 2024, the fashion retail market was valued at approximately $70.29 billion (Rs 6,18,525 crore) and it is projected to expand by a strong 11% to reach approximately $78.02 billion (Rs 6,86,562 crore) in fiscal year 2025. This dynamism is also reflected in its growing contribution to the overall retail sector, with its market share anticipated to increase from 7.3% in FY 2024 to 7.4% in FY 2025.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">This growth, however, has not come without its inflection points. Each phase of expansion has brought new challenges—whether it was building scale, managing supply chains, navigating digital disruption, or responding to changing consumer expectations. Sustainability, circularity, and ethical responsibility have emerged as critical considerations in recent years, joining a broader set of imperatives that now shape decision-making across the fashion value chain.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">Meanwhile, growing importance of sustainability in fashion retail is reflected in IMAGES Group’s decision to host the IFF Innovators Club conclave at its flagship event, India Fashion Forum 2026. The key theme of the conclave is Conscious &amp; Committed: The Playbook for Responsible Fashion Creation — a purpose-driven platform that brings together global value-chain partners and innovations aimed at enhancing sustainability at the retail level. From responsible sourcing to cleaner production practices, CCS will foster multifaceted conversations at the intersection of fashion, ethics, climate action, and culture.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">As the industry marks a milestone moment, it is also taking stock of where it stands and where it must go next. Innovation—across materials, manufacturing, retail technology, and business models—continues to redefine what is possible. Transparency, agility, and consumer-centricity have become as important as design and pricing. The fashion retailer of today must balance growth with responsibility, efficiency with experience, and global ambition with local relevance.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">In this context, IMAGES Group – which is proudly celebrating 25 Years of India Fashion Forum in 2026 –continues its commitment to chronicling the evolution of fashion retail through the India Business of Fashion Report 2026.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">India Business of Fashion Report 2026 is more than a book—it is a high-impact platform that sparks ideas, shapes conversations, and drives innovation across the fashion retail ecosystem. This latest edition reflects on the industry’s journey over the past quarter-century while offering insights into the forces that will define its future. Through expert perspectives, research-driven analysis, and real-world case studies, the report captures the complexities, opportunities, and strategic shifts shaping fashion retail today.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">The book goes beyond print to serve as a powerful platform for insight, innovation, and industry-wide dialogue, serving as a catalyst for forward-looking ideas and strategic thinking in fashion retail.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">At its core, this book is a thought leadership platform that influences how the industry thinks, innovates, and evolves. It is both a reflection and a roadmap—celebrating how far the fashion retail industry has come, while challenging stakeholders to think boldly about what lies ahead. The next phase of growth will demand sharper strategies, deeper collaboration, and a clear understanding of the changing consumer and marketplace.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">As fashion retail in India and globally enters its next chapter, the opportunity is clear: to build businesses that are not only profitable and scalable, but also relevant, resilient, and ready for the future.</p></div></div><section class="related products" style="box-sizing: border-box; display: block;"><h2 style="">Related products</h2><ul class="products columns-3" style="box-sizing: border-box; padding: 0px; list-style: outside none; clear: both; margin: 0px 0px 1em;"><li class="post product type-product post-19405 status-publish first instock product_cat-books product_cat-books-combo-offer product_cat-year-book product_tag-india-business-of-fashion-report has-post-thumbnail sold-individually taxable shipping-taxable purchasable product-type-variable" style="box-sizing: border-box; line-height: 21px; font-family: Verdana, Geneva, sans-serif; font-size: 12px; color: rgb(68, 68, 68); margin: 0px 20px 2.992em 0px; float: left !important; width: 200.062px; list-style: outside none; padding: 0px; position: relative; clear: both;"><span style=""></span><br class="Apple-interchange-newline"></li></ul></section>

India Business OF Fashion Report 2026

ITEM-00151

f7i8oicku5

f7rn4pps6v

f7rnapbgae

f7i876it1i

f7rnqcttf9

f844e8ti0k

f844jos6hn

<div class="woocommerce-tabs wc-tabs-wrapper" style=""><div class="woocommerce-Tabs-panel woocommerce-Tabs-panel--description panel entry-content wc-tab" id="tab-description" role="tabpanel" style="box-sizing: border-box; counter-reset: footnotes 0; margin: 0px 0px 2em; padding: 0px;"><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">The India Food Report 2024-25, created by IMAGES Group in collaboration with consultancies, think tanks, and food industry experts, is a result of thorough research and hard work. Just like in the earlier editions of the Report, we’ve gathered loads of data, conducted research, and analyzed everything. Our goal is simple: We want this Report to give you a comprehensive picture of India’s food retail sector. This Report talks about the possibilities in both Food &amp; Grocery and Foodservice sectors, suggesting things that are needed for steady growth. It talks about business chances, possible investments, and points out challenges that needattention.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">Understanding and figuring out any industry is all about having the right information that’s easy to get. I’m happy because the info and research packed into The India Food Report 2024-25 will help everyone really get what’s going on in India’s food retail world. Huge thanks to the leading consultants, think tanks, and experts in India’s diverse food industry who pitched in to bring together this Report. Your help has been priceless, and I’m truly grateful for it.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">So, as you dive into this Report, remember, it’s not just about facts and figures. It’s about getting a closer look at the heartbeat of India’s food retail scene, understanding the trends, and exploring the opportunities that lie ahead.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">What we found in the IMAGES Research for The India Food Report 2024-25 is that Covid 19 really shook things up big time. But, after a bit of a slow-down in 2020-21, guess what? In 2022, things bounced back strong, with a growth rate of 10.9 percent compared to the year before. The market size hit a whopping INR 57,21,593 crore (USD 689.35 billion). With things going well and a cheerful festival season just behind us, we’re hopeful of 2023 being on track to see a big 12.3 percent expansion. That could shoot up the whole food and grocery market in India to a whopping INR 64,25,349 crore (USD 774.14 billion). Looking ahead, we’re picturing a steady growth path with a projected Compound Annual Growth Rate (CAGR) of 10.9 percent from 2020 to 2023. If things keep rolling like this, we could be looking at a massive size of INR 132.84 billion (USD 1.6 trillion) by the year 2030.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">In this edition of The India Food Report, here’s another bit of good news from IMAGES Research: People’s spending on household stuff, or just regular shopping, hit a whopping INR 1,43,44,336 crore (USD 1,728.23 billion) in 2022. It grew at a cool 11.3 percent from 2012 to 2022. But the years 2020 to 2022 had a bit of a slowdown, with a CAGR of 8.2 percent. That’s because of the pandemic throwing a curveball into how much everyone was buying.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">Even with the pandemic slowing things down, the fact that people kept spending more on household stuff shows that we’ve got a strong base of shoppers. It means, even when times get tough, there’s a real and lasting need for things like food and other stuff.</p></div></div><br class="Apple-interchange-newline">

The India Food Report 2024-25

ITEM-00119

94536518np

94ef3h6mv2

94efjuin9m

9453caer03

94efr3mj1g

96npm0us3q

96npm3ouje

<div class="td-pb-span8 td-main-content td-pb-padding-side" role="main" style=""><div class="td-ss-main-content" style="box-sizing: border-box; position: relative;"><div class="post product type-product post-20026 status-publish first instock product_cat-books product_cat-books-combo-offer product_cat-year-book has-post-thumbnail sold-individually taxable shipping-taxable purchasable product-type-variable" id="product-20026" style="box-sizing: border-box; font-family: Verdana, Geneva, sans-serif; font-size: 12px; line-height: 21px; color: rgb(68, 68, 68); margin-top: 8px; margin-bottom: 0px; position: relative;"><div class="woocommerce-tabs wc-tabs-wrapper" style="box-sizing: border-box; clear: both;"><div class="woocommerce-Tabs-panel woocommerce-Tabs-panel--description panel entry-content wc-tab" id="tab-description" role="tabpanel" style="box-sizing: border-box; counter-reset: footnotes 0; margin: 0px 0px 2em; padding: 0px;"><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">The D2C phenomenon is nothing short of a revolution for consumerism and creation. Perhaps never before has India seen such energy in entrepreneurship and a bold generation of ideators and creators hoping to transform what and how Indians consume. Although only a recent development — under a decade old — the D2C business model certainly received fuel from challenges arising from the Covid-19 pandemic, but the seeds were sown earlier by digitalisation. The digital economy in India today is growing at 2.8x the regular GDP. It was 4.5 per cent of GDP in 2014, it is 12 per cent of GDP today, and it will be a fifth of the GDP by 2026-27. India is already the fastest-growing digital economy in the world, and as we aim for a $1 trillion digital economy target by 2027-28, we can look to our D2C brands as being the flag bearers of this transformation.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">But along with rapid growth also comes the need for knowledge, for checks and balances. As recent years have shown, just market potential and consumer demand are not enough to build smart businesses, however great the ideas may be. And that crucial intelligence is what we are aiming to offer through this important publication, The India D2C Report 2024.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">Via collaborations with key enablers and stakeholders of the D2C ecosystem, including Venture Capital heads, leading D2C entrepreneurs and market analysts, the report puts together crucial insights on brand creation, business viability, operational efficiency and scalable innovation. These narrations and analyses will be invaluable for India’s Consumer Tech universe, which is brimming with talent, guts and vision.</p><p style="box-sizing: border-box; margin-top: 0px; font-family: Verdana, Geneva, sans-serif; font-size: 13px; line-height: 21px; color: rgb(34, 34, 34); margin-bottom: 21px;">Driven by purpose and a deep desire for authenticity and change, D2C founders and inventors are leading the charge towards India’s next-generation avatar as a role model of responsible product creation and ethical business practices. These young dreamers and doers are the leaders of tomorrow’s India, and the pillars of what is expected to become a USD 61 billion-plus sector by 2027. This Report is a knowledge vehicle to nurture and enable that future for our new-age entrepreneurs. I hope you will make the most of the intelligence that this book offers.</p></div></div></div></div></div><div class="td-pb-span4 td-main-sidebar" role="complementary" style=""><div class="td-ss-main-sidebar" style="box-sizing: border-box; backface-visibility: hidden; z-index: 1;"><div class="td-g-rec td-g-rec-id-sidebar " style="box-sizing: border-box; text-align: center; margin-top: 20px; margin-bottom: 15px;"><ins class="adsbygoogle" data-ad-client="ca-pub-9354161551837950" data-ad-slot="8257587929" data-ad-status="filled" data-adsbygoogle-status="done" style="box-sizing: border-box; background: white; text-decoration: none; display: inline-block; width: 300px; height: 250px;"><div id="aswift_1_host" style="box-sizing: border-box; border: none; height: 250px; width: 300px; margin: 0px; padding: 0px; position: relative; visibility: visible; background-color: transparent; display: inline-block;"><br class="Apple-interchange-newline"></div></ins></div></div></div>

Magazines

Test Dummy

Images Business of Food – January 2026

Images Business Of Fashion – December 2025

Images Business of Food – December 2025

Images Business Of Fashion – November 2025

Images Business of Food – November 2025

Images Business Of Fashion – October 2025

Images Business of Food – October 2025

Images Business Of Fashion – September 2025

Images Business of Food – September 2025

Books & Publications

THE $100 BILLION RECALIBRATION: From Gold Retailers To Lifestyle Empires

India's New Retail Landmarks: The Malls That Defined 2025-26.

Retail on Wheels 2025

Grade-A vs Non–Grade-A: Visibility vs Profitability

The Denim Bible India 2026 (Vol.2)

India Business OF Fashion Report 2026

The India Food Report 2024-25

The India D2C Report 2024

Lifestyle

India Phygital Index 2022

INDIA D2C YEARBOOK 2022

Best Deal

Images Business of Food – March 2025

Images Business of Food – April 2025

Images Business of Food – February 2025

Images Business Of Fashion – January 2025

Images Business Of Fashion – December 2024

Images Business of Food – December 2024

Images Retail – December 2024

Images Business of Food – November 2024

Images Retail – November 2024