FMCG sales at organised retail stores grew 22% in 2018: Study

Released by insights firm Nielsen India, the report titled “Reformatting Retail in India”, said, demonetisation and GST helped the country’s organised grocery stores register 22 per cent growth in sales, with cheese, biscuits, hair conditioners and packaged rice witnessing more…. Continue Reading

Jan Aushadhi scheme to disrupt 20% of pharma market sales: Report

The Jan Aushadhi scheme, under which the government provides medicines at affordable rates may disrupt around 20 per cent of Indian pharmaceutical market sales, says a report. Continue Reading

Organised retail sector to help e-comm mkt touch $84 bn in 2021: Study

According to a report titled “Unravelling The Indian Consumer” by Deloitte India and Retail Association of India, a fast-growing economy and robust demographics provide a positive outlook to the consumer businesses in India. Continue Reading

Hiring of PwD in retail sector up 53% between 2011-18: Study

Released by Trust for Retailers & Retail Associates of India (TRRAIN), in association with HSBC, the report titled ‘Disability Employment: Indian Retail Changing Equations’ states that it is encouraging that hiring of PwD in the retail sector…. Continue Reading

Policy changes keep global interest for investing in country high: CBRE

CBRE South Asia Pvt Ltd in its recent findings of its latest global retail report titled ‘India Retail 2.0 and the way forward’, said, “The retail real estate sector is witnessing growing investments by leading PE funds and institutional investors against the backdrop of… Continue Reading

Frozen bakery market to hit $40 bn by 2024: Study

According to a growth statistics report by Global Market Insights Inc, in most developing nations, bakery product manufacturers are reformulating their bakery product lines and modifying their product packaging, claiming to address the consumers’ health concerns. Continue Reading

Gold jewellery demand to grow 6-7% in medium to long-term: Study

The demand will also be supported by festivals, evolving lifestyle, and demographic dividend, said credit rating agency Icra in its report. Continue Reading

Indian e-comm race: Amazon leads in GMV, Flipkart in revenue

According to a Barclays report, Amazon’s India unit clocked 20 per cent higher gross sales compared to homegrown rival Flipkart, in the year ended 31 March, thereby taking the lead for the first time since it entered the country. Continue Reading

Gaming smartphones to hold 6.5% market share by 2021 in India: Study

Further, according to the report, the demand for better hardware to cater to advanced mobile gaming is attracting PC gaming manufacturers such as Razer and ASUS. Continue Reading