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Confederation of All India Traders

Gradual opening up non-essential goods via e-commerce will help meet consumer demands: Flipkart

Walmart-owned Flipkart on Saturday said gradual opening up delivery of non-essential goods through e-commerce will help meet consumer demands, while easing the burden of piled up inventory of micro, small and medium enterprises amid the nationwide lockdown. According to a...

CAIT awaits clarity on relaxed lockdown norms on shops

The Confederation of All India Traders (CAIT) on Sunday said that "confusion" is preventing traders from opening shops even following the orders issued by Ministry of Home Affairs and various state governments. In a statement, CAIT said: "Despite of the...

Apparel & Textile Sector: Recommendations to ease the impact of Coronavirus pandemic

Due to the nation-wide lockdown to prevent the spread of novel coronavirus, the Indian apparel and textile sector is going through some extremely trying times. The central government had announced a 21-day lock-down starting March 24 to contain the...

Retailers offer deep discounts to clear piled up inventory

The festival season discount is back, but what would cheer the shoppers more this time are the sharper discounts offered by retailers across categories -- from kitchenware and electronic items to apparels -- to clear off the inventory.While offline...

Foreign e-tailers must have registered entity in country: Draft policy

E-commerce sites or apps available for download in India must have a registered business entity in the country, according to latest draft e-commerce policy, which also proposes regulation of cross-border flow of data collected by sector players in India.According...

Walmart is the US version of The East India Company: CAIT

Continuing its protest against the US $16-billion Flipkart-Walmart deal, the Confederation of All India Traders (CAIT) wrote to commerce minister Suresh Prabhu expressing concerns that Walmart might adopt predatory pricing and deep discounting, which will kill the trade.In its...

‘E-commerce in India has destroyed domestic trade; Govt remains mute spectator’

Taking its strong view against e-commerce platforms for indulging in to deep discounting and loss funding thereby violating FDI Policy 2016 of the Union Government, the Confederation of All India Traders (CAIT) lashed out at Suresh Prabhu, Minister for...

Consumer Protection Bill is the need of the day: CAIT

"The Consumer Protection Bill, once passed by the Parliament, will empower consumer movement in the country and therefore the Consumer Protection Bill which is pending before the Parliament since a long time should be passed in the ensuing session...

Jewellery sales remain flat this Dhanteras

Gold and jewellery sales may remain flat this Dhanteras amid sluggish demand from consumers despite relaxation in KYC norms for purchase, even as people fancied automobiles and electronic items, according to industry players. According to a PTI report: However, organised...

40 per cent drop recorded in sales because of cash shortage, says CAIT

As much as 40 per cent drop has been recorded in sales in markets across the country due to low footfall of consumers because of cash shortages, traders body CAIT said. With just 3 days for Diwali, "markets across the...
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