RAI
Retail
Foreign marketplaces control sellers on their platform, use anti-competitive practices: CAIT
Domestic traders' body CAIT on Wednesday said the foreign direct investment policy in the e-commerce sector should be enforced in letter and spirit so that global players do not violate the rules. The issue was raised by Confederation of All India Traders (CAIT) Secretary General...
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After FICCI, RAI writes to Health Ministry to prioritise vaccination for retail employees
After Industry chamber FICCI wrote to the Union Health Ministry seeking inclusion of retail industry staffers in the list of ‘frontline workers’ for the COVID-19 vaccination drive, it was the turn of Retailers Association of India (RAI) to appeal...
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Retailers on brink of full recovery with sales at 93% of pre-COVID levels in Feb 2021
The quantum of de-growth in Retail sales has reduced as most segments in retail have started to show significant improvement. The 13th edition of the Retail Business Survey by the Retailers Association of India (RAI) indicates sales in February...
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Retail stalwarts deliberate new methods of doing business in the next normal
The 15th edition of RAI’s Retail Leadership Summit (RLS) 2021 was hosted online on the 24th, 25th & 26th of February 2021, enabling wider participation and audience. Witnessing stimulating exchange of ideas between retail industry stalwarts on the way forward for the Indian Retail Industry into...
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Budget 2021: Apparel sector will become globally competitive, FMCG consumption will go up say experts
As part of the Centre's efforts to position India as a fully integrated, globally competitive manufacturing and exporting hub for the sector, an announcement to set up mega textile parks has been made by Finance Minister Nirmala Sitharaman in...
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Budget 2021: Thrust on infra development, ease of doing business positive for retail
According to Kumar Rajagopalan, CEO, Retailers Association of India (RAI), Budget 2021 is growth-oriented, well balanced and progressive."Overall, it is a popular budget without being populist. The retail industry was almost squashed during the pandemic. It is slowly getting back...
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Budget 2021: Formulate a National Retail Policy, RAI urges Government
All eyes are set on the Budget 2021-2022 for the key role it will play in accelerating the revival of the economy. Consumption drives the economy, and retail is the gateway to consumption.The Indian Retail sector (sized at USD...
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RAI welcomes Karnataka decision to allow shops, malls, restaurants to stay open 24×7
Retailers Association of India (RAI) has been working with the State Government of Karnataka for enabling Ease of Doing Business and has been pursuing various departments to adopt the State Retail Trade Policy and allow retailers to operate 24X7,...
Retail
Retailers hopeful of achieving ~85% pre-COVID sales by June 2021
With an epic battle of billionaires for supremacy in one of the world's most prolific markets and a pandemic-propelled surge in online shopping in the background, India's nearly trillion-dollar retail market is hoping to touch 85 per cent of...
Retail
Retailers registering steady recovery driven by festive shopping: RAI Survey
Retailers Association of India (RAI) released their latest Retail Business Survey which indicated a steady month-on-month recovery for retail businesses across India, with sales in November 2020 being 13 per cent short of the sales during the corresponding period last year.
Retailers...
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India’s gems, jewellery exports dip 13.44% in June to Rs 15,939.77 cr: GJEPC
The total gems and jewellery exports stood at Rs 18,413.88 crore ($2,240.77 million) during June 2023Mumbai: India's overall gems...
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