The proposal aims to address the fallout from Singapore and Hong Kong’s decision to recall certain spice mixes originating from India, citing pesticide residue levels exceeding permissible limits In the wake of recent recalls of popular Indian spice brands by authorities in Hong Kong and Singapore due to pesticide residue concerns, the Food Safety and […]
The data collected from selected urban markets and villages across all states and union territories highlights a comprehensive representation of the consumer price trends India witnessed a moderation in its retail inflation rate for the month of April 2024. According to the latest figures released by the Ministry of Statistics and Programme Implementation (MoSPI), the […]
OnePlus products will be available in more than 2,000 cities and towns in India with this expansion OnePlus has partnered with Reliance-owned JioMart Digital in India to expand the retail presence of OnePlus in the country. OnePlus products will be available in more than 2,000 cities and towns in India with this expansion. The partnership […]
Seen as a key player in the retail sector, Lucknow leads with 18.4 per cent share. Other Tier 2 cities include Kochi, Jaipur, Indore and Kozhikode Tier 2 cities across India are increasingly becoming key players in the nation’s retail sector, with Lucknow emerging as a standout contender, commanding an 18.4 per cent share of gross leasable […]
In an interview with BW Retail World, Vikrant Batra, Founder of Cafe Delhi Heights speaks about the expansion plans, the future of the food industry and more As a food entrepreneur, how do you see the future of the food and beverage industry evolving, and how do you plan to stay ahead of the curve? I see the […]
The drop in profits comes amidst sluggish demand and escalating costs Sapphire Foods India, the operator of Pizza Hut in India has reported its largest profit decline to date. The drop in profits comes amidst sluggish demand and escalating costs, underscoring the ongoing struggles faced by businesses in the sector. The consolidated net profit of […]
Meesho is in talks to raise additional capital to capitalise on emerging opportunities in the ecommerce sector, according to reports Meesho has finalised the closure of a $275 million funding round, according to media reports. The funding, secured in its first tranche, embarks on ambitious expansion plans to further consolidate its position in the market. Meesho […]
The 49 th edition of the Retail Business Survey by the Retailers Association of India (RAI) indicates that sales in March 2024 showed a growth of 8 per cent as compared to the sales levels in March 2023. Speaking about the findings, Kumar Rajagopalan, CEO, Retailers Association of India (RAI), said, “In March 2024, our […]
India’s retail inflation declined to 4.85 per cent in March compared to 5.09 per cent in February this year, according to government data released on Friday. The Consumer Price Index (CPI)-based retail inflation was 5.66 per cent in March last year. The National Statistical Office, under the Ministry of Statistics and Programme Implementation, on Friday […]
In 2024, among the retail categories, the home décor segment is likely to expand in online and offline formats, while fashion and apparel players will continue expanding in tier-I cities across malls and high streets, according to a report ‘2024 India Market Outlook’ by CBRE South Asia Pvt. Ltd. Domestic jewellery brands are also expected […]
