As per the data by GoKwik, an ecommerce enabler, the tier-2 cities placed the most orders during the Janmashtami week, registering a jump of 146 per cent from the week before Janmashtami
The body has requested the minister to facilitate a dialogue between all stakeholders, including the representatives from the retail sector, FMCG companies and quick commerce platforms
Fashion sector to dominate, with beauty and personal care also set for significant expansion The Indian lifestyle market is projected to grow at a compound annual growth rate (CAGR) of 10-12 per cent over the next five years, reaching USD 210 billion by 2028, according to a joint report by Bain & Company and Myntra. […]
Non-vegetarian thali experiences a slower 6 per cent rise amidst surging vegetable prices Inflation is now impacting the cost of thalis across India, with the price of a vegetarian thali increasing by 11 per cent and a non-vegetarian thali by 6 per cent in July on a month-over-month basis, according to CRISIL MI&A Research estimates. […]
Gen Z leads ecommerce adoption as tier 2 and beyond cities show significant growth Meesho has released the first edition of its ‘Smart Shopper Report’, providing an analysis of online shopping trends in the first half of 2024. This report highlights the shifting habits and preferences of mass consumers, who now represent 80 per cent […]
New policy to boost employment, tourism and consumer convenience; RAI calls for 24/7 operations across the state The Retailers’ Association of India (RAI) has commended the Telangana Government’s recent decision to allow all shops and establishments in the state, excluding liquor shops, to remain open until 1 AM. This measure is seen as a significant […]
Avalara’s global survey highlights India’s growing engagement in international purchases and the need for greater transparency in customs duties Avalara has recently published a new survey report titled ‘Cross-Border Commerce and Compliance Survey’ that analyses global consumer behaviour in the cross-border industry. The findings reveal that India is increasingly engaging in cross-border shopping, with over […]
Technology and beauty lead the wishlist as nostalgia and classic fashion trends resurface In anticipation of this year’s festive season, Flipkart presents its H1 edition (January to June 2024) of the ‘#FlipTrends’ report, offering an analysis of the shopping habits of over 500 million registered Flipkart users. The report delves into the most popular choices […]
EY Future Consumer Index reveals Indian shoppers’ preference for human interaction and rising influence of AI and influencers in purchase decisions The recent EY Future Consumer Index (FCI) survey, which included responses from 1,000 Indian participants as part of a global poll, revealed that 62 per cent of Indian consumers have made purchases influenced by […]
Daily orders peak at 4,30,000; new auto components category launched, bolstering diverse service offerings The Open Network for Digital Commerce (ONDC) continued its growth trajectory in July 2024, recording 12 million orders across various categories, with daily orders reaching 4,30,000. The network currently comprises over 6,38,000 sellers and service providers, operating in more than 609 […]
