A surge in digital ordering and expanding customer base to propel the market to Rs 2.12 trillion, claims Bain & Company and Swiggy report India’s online food delivery market is on track to reach an impressive Rs 2.12 trillion by 2030, securing a 20 per cent share in the broader food services market, according to […]
Supported by a hub-and-spoke distribution model, ITC has expanded its rural stockists network by 1.3 times over the last two years In rural markets, ITC has deployed market-specific strategies to enhance direct coverage based on socio-economic indicators and market potential. Supported by a hub-and-spoke distribution model, ITC has expanded its rural stockists network by 1.3 […]
Seven states, including Maharashtra, Karnataka, Telangana, Haryana and New Delhi, have allowed shops and establishments to operate 24 hours a day Seven states, including Maharashtra, Karnataka, Telangana, Haryana and New Delhi, have allowed shops and establishments to operate 24 hours a day. This move has led to a surge in consumer spending, particularly during late-night […]
JioMart’s new hyperlocal delivery service aims to partner with local kirana stores for faster fulfilment Reliance Retail has launched a pilot program for immediate delivery of groceries and fast-moving consumer goods (FMCG) in select areas of Mumbai and Navi Mumbai, according to a report by the Economic Times. This quick delivery service is integrated into […]
As V2 Retail targets a turnover around 1500 to 1600 crores this fiscal year with its data-driven strategy, Director Akash Agarwal speaks to BW Retail World exclusively on expansion in tier 2 and 3 cities, operational efficiency and more V2 Retail is gearing up for aggressive expansion, targeting a staggering 40-50 per cent growth in […]
By Yash Jain Fueled by 751 million internet users and rising smartphone penetration, the Direct-to-Consumer (D2C) market in India is flourishing at a breakneck pace. Various companies are already upending traditional retail structures by delivering convenience, customization, and a wider range of products. In fact, timely and dependable delivery is no longer a luxury in […]
Ashutosh Bharti The ecommerce logistics of today rely on continuous interactions among online businesses and their diverse customer segment spread across the world. On the one hand, technology trends and the way consumers buy online are constantly undergoing changes, which makes ecommerce dynamic. The ecommerce market has reached such a level of development that buyers […]
In India, sectors like petroleum, chemicals, fertilisers, and grains experienced notable disruptions, influencing both domestic manufacturing and global commerce The Red Sea crisis, now stretching over 100 days, continues to wreak havoc on global trade as commercial ships navigate treacherous waters to evade potential threats posed by Houthi rebels of Yemen. With vessels steering clear […]
Ecommerce in India is in its early stages, with logistics costs being the most significant problem, news agency PTI reported, quoting a top Flipkart executive on Tuesday. Speaking at the Walmart development Summit, Flipkart CEO Kalyan Krishnamurthy stated that the government has reduced taxation and implemented ease of doing business as a strategy, which is one […]
Mahindra Logistics (MLL) has revealed that the construction of a warehousing facility in Phaltan, Maharashtra, with an investment of Rs 170 crore. The strategic move aims to cater to the rising demand in the region, particularly within the automotive and manufacturing sectors. Spanning 6.5 lakh square feet, the facility will be built in two phases. […]
