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Proper road infrastructure, skilled workforce among key challenges for logistics industry: Experts

BookMyCargo founder JD Yadav said the logistics industry faces rising costs, skilled labour shortages, regulatory pressures, and supply chain disruptions.New Delhi: According to experts, the lack of proper road infrastructure, land availability for warehousing and skilled workforce shortages are some...

Nutraceutical industry growing beyond expectations: FSSAI chief

The focus on nutritional and food security has intensified due to rise in demand and supply, he saidNew Delhi: India's nutraceutical industry with current market size of $4 billion is growing rapidly beyond everyone's expectations, Food Safety and Standards...

The business of love on Q-commerce

How Q-commerce platforms added cheer to the Valentine’s Day celebrations of its customers New Delhi: In 2015, Indians spent approximately Rs 22,000 crore on Valentine’s Day, as per ASSOCHAM data. Valentine’s day has grown manifolds since then as a celebration...

Govt. announces new norms to curb fake online reviews of products, services

The BIS standards, prepared after extensive stakeholder consultations and to be effective from November 25, will be voluntary but the government will consider making them mandatory in case the menace of fake reviews continues on the online platforms.New Delhi: E-commerce...

Digital transformation of Indian retail

Indian retail is undergoing a rapid transformation propelled by several factors such as rising household incomes, increased consumerism, e-tailing, favourable demographics, and easy credit availability. Though we have experienced phenomenal growth over the past decade, share of organised retail...

Retail industry to witness transformation due to tech disruptions, data-led opportunities: Report

The Indian retail industry is expected to driven by data-led opportunities and artificial intelligence, said a joint report by industry body Assocham and Primus Partners. The changing consumer preferences is driving the need for the digitisation of stores, and increased...

Walmart e-entry makes India attractive to global majors: Experts

The whopping US $16-billion mega deal by global retail giant Walmart with the country's leading e-tailer Flipkart for majority stake makes India an attractive destination for global majors in the digital space, industry experts said on Wednesday.Kishore Biyani, CEO,...

Indian luxury market poised to expand 5-fold in three years: Assocham

India's luxury market is set to grow to USD 30 billion from USD 23.8 billion by the year-end on back of growing exposure of international brands amongst Indian youth and higher purchasing power of the upper class in tier...

Male grooming industry to touch Rs 35,000 crore in next 3 years: Assocham report

The male grooming industry is expected to grow at a CAGR of 45 per cent to touch Rs 35,000 crore in next three years, due to rising aspiration among men to look better and rapid urbanisation, says an Assocham...

E-commerce market may cross US $50 bn mark by the end of 2018: Study

The digital commerce market in the country is expected to cross US $50 billion in value by the end of 2018 from the current level of US $38.5 billion, on the back of a growing Internet population and increased...
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Reliance Retail joins hands with Department of Consumer Affairs

Celebrated annually on December 24, National Consumer Day underscores the significance of consumer rights in India’s economic landscape.New Delhi:...
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