Xiomi
Retail
Demand for refurbished and unboxed goods surges this festive season
Much like online players and malls, sellers of refurbished and unboxed goods are experiencing an increase in demand this festive season. A good monsoon, improved pay packets and the 7th Pay Commission handout bonanza has influenced spending capacity, boosting consumption.
Generally, demand for...
Retail
Govt to waive off 30 per cent sourcing norm for Apple
Apple, the smartphone maker, might not have to go through policy requirement of mandatory sourcing of 30 per cent goods from within the country as the government is all set to waive off the requirement paving the way for...
Consumer Durables & IT
Flipkart grasp half of India’s smartphone purchases
Counterpoint Research - the independent market research and consulting firm says that India has the second largest smartphone market in the world. With entry of e-commerce platforms like Flipkart, Snapdeal, Amazon, PayTM etc, the country has reduced the barriers...
Latest News
Xiaomi to set up 2 plants in India
Amid a cooling in its home market, Xiomi, Chinese smartphone maker, is ramping up its presence in the Indian market. It is planning to set up two manufacturing plants in India and it is expected that it will launch...
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Latest News
Wagh Bakri Tea to invest Rs 100 cr for setting up new manufacturing unit in Gujarat
The new unit will expand its instant tea and raw material warehouse capacities and will be ready by the third...
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