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Associated Chambers of Commerce and Industry of India

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...

Indian M-wallet market to grow 141 pc to reach Rs 30,000 crore: Study

The Indian m-wallet market is expected to grow at a compounded annual growth rate (CAGR) of 141 per cent to reach Rs 30,000 crore by the end of 2021-22, a study said. The growth, during 2015-16 to 2021-22, would be...

Indian consumer demand growing at 40 pc in festive season: Assocham

Indian consumer demand is currently seeing good growth of around 40 per cent in the ongoing festival season, as compared to 2015, on the back of an upturn in the economy and improving perception of better job prospects coupled...

Pro-reform expectations push India up five positions in 2015 AT Kearney Global Retail Development Index™

India has risen five positions to rank 15th in the Global Retail Development Index (GRDI) released by AT Kearney today. India’s ranking has been boosted by solid growth in retail sales and strong prospects for future GDP growth. India’s GDP...

Tier 2 and 3 Cities New Destination for Fast Food: Assocham

The annual spending of middle-class households on fast food restaurants in India's Tier 2 and 3 cities has increased from Rs 2,500 to Rs 5,200 (a growth of 108% on fast food in the last two years), according to...

FDI In Multi-Brand Retail – Hope In Abeyance

 FDI In Retail – As It Happened India’s decision to allow foreign direct investment (FDI) in multi-brand retail towards the end of 2012 and its FDI policy modified in April 2013 put the country back on the retailing map of...

M-Commerce: Driving the E-Commerce Revolution in India

The line between browsing and buying online and offline is blurring today as technology is playing a catalyst in converting every physical touch point for consumers into digital. Reliance had changed the landscape of mobile market in India with...

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...

Kids wear industry likely to touch Rs 80,000 crore by 2015: ASSOCHAM

Growing at a compound annual growth rate (CAGR) of about 20 percent, the kids apparel market in India is likely to reach Rs 80,000 crore by 2015 from the current level of about Rs 38,000 crore, according to a...
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Emerging Tier- 2 Retail hotspots in South India

The report from CBRE South Asia states that the total retail stock in 14 tier-2 cities stood at 29...
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