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Retailers Association of India

Retail Solutions Providers industry in India to take a quantum jump of Rs 20,000 cr from existing Rs 12,000 cr in next 3 years

In-store shopper experiences in India are at the cusp of a major revolution and will shape the future of traditional retail (80 percent of Indian retail sector) allowing retailers to provide the much-needed boost to Indian economy.In-Store Asia highlights...

New mall supply to touch 10 million sq.ft. in top 7 Indian cities in 2019

Responding to burgeoning consumerism in India, mall developers are rapidly infusing new retail developments across the top 7 cities, with nearly 10 million sq. ft. new mall supply in 2019. Factoring in the rollover of some supply from 2018,...

Relief to MSMEs would benefit ecosystem: Retail industry

The retail industry has welcomed the budget, saying the Government's move to cut corporate tax for MSMEs will benefit the ecosystem, boost the rural sector and increase domestic consumption.According to a PTI report: Besides, doubling of allocation of funds...

Budget 2018: No immediate benefits for retail sector

The Narendra Modi Government sought to give a marked thrust to the rural sector in this year's Union Budget, its last full-year budget before the 2019 Lok Sabha polls, with the central ministries getting an allocation of Rs 14.34...

Retail industry reacts to the Union Budget 2018

In his last full budget before general elections in 2019, Finance Minister Arun Jaitley reduced corporate tax for 99 percent of the companies to 25 percent.In keeping with his earlier announcement of reducing corporate taxation rate to 25 per...

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...

Omnichannel to fuel growth of modern retail to Rs 1,718 billion by 2019

Knight Frank India, in association with the Retailers Association of India (RAI), on Tuesday launched the third edition of its flagship report on the retail sector – 'Think India. Think Connected Retail'. The report tracks the evolution of India’s modern retail...

Amazon, Flipkart to face tougher competition from retailers in 2017

Riding high on mergers and acquisitions, retail players made a strong comeback this year, taking online giants head-on in doling out deals and discounts, and the trend is likely to continue next year. However, the Government's surprise move to pull high...

Kishore Biyani predicts end of big online discounts

As the Government finally clears the air on the long-awaited definition of e-commerce in India and norms relating to FDI policies, Future Group CEO Kishore Biyani foresees the creation of a level playing field between online and brick-and-mortar retailers,...
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Mango launches Barcelona-inspired Summer collection on Myntra

Mango, Europe’s leading fashion brand is known for its design, creativity, sustainability and technology New Delhi: Global fashion retailer Mango...
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