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Boston Consulting Group

India to become 3rd largest consumer economy by 2025

With the nominal year-over-year (y-o-y) expenditure growth at 12 per cent and with consumption set to triple to $4 trillion, India will be the third largest consumer market by 2025, a report said on Tuesday. "Consumption in India is set...

By digitising core business, retailers can see 15-20 per cent higher sales: Report

By digitising core business, retail companies could see a 15-20 per cent increase in revenues, according to a report. "Do not treat digital as an 'add-on'. It should be central to the CEO's agenda," the joint report on 'Decoding digital...

E-commerce expected to touch US $50-55 billion by 2021

E-commerce market is expected to be at US $50-55 billion by 2021 from the current US $6-8 billion, according to a recent report by Retailers Association of India and Boston Consulting Group. The report revealed that on decoding the digital...

Expert Opinion: Online retail scenario in India

The Indian retail industry has come of age and has emerged as one of the most dynamic industries in the world. Accounting for over 10 per cent of the country’s Gross Domestic Product (GDP) and approximately 8 per cent of the employment, it...

Indian digital payments market to account for 15 pc GDP by 2020

Digital payments market size in the country is expected to touch US$ 500 billion by 2020, accounting for about 15 per cent of gross domestic product (GDP), a report said. According to a PTI report: The 'Digital Payments 2020' report,...

E-commerce, tier II – IV cities to accelerate FMCG growth: CII-BCG report

India's smaller towns and cities are expected to contribute more in shaping future demand for the fast moving consumer goods sector, while e-commerce companies will contribute increasingly larger share of sales for these companies, said a joint report by...

Indian retailers need to take cues from west to retain profit margins

~India Retail Forum Day-1 deliberates onslaught of mobile, social and human connect~ While the next phase of retail revolution will be driven by India and China unlike the past phases that were driven by the West, Indian retailers lag their...

Indian retailers need to take cues from west to retain profit margins

~India Retail Forum Day-1 deliberates onslaught of mobile, social and human connect~ Mumbai, 15th September, 2015: While the next phase of retail revolution will be driven by India and China unlike the past phases that were driven by the West,...

Flipkart to become an M-commerce-only format within a year

Following what it did for its unit Myntra, Flipkart is reportedly all set to move to an app-only format within a year. Myntra had earlier announced that it would down its website and move all operations to its app...

Transforming Customer Engagement through Technology

The global retail economy is growing at an exponential pace and technology continues to act as an enabler for most enterprises. The Indian retail market, in particular, is expected to double to reach $ 1 trillion by 2020 from...
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Mahindra Logistics profit falls 55% to Rs 10.15 crore in April-June

The revenue during the quarter under review, however, rose 10 per cent to Rs 1,156.66 crore from Rs 1,050.92...
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