Trust issues persist in the Indian retail industry despite increased consumer spending PwC’s inaugural ‘Voice of the Consumer Survey 2024’ draws on over 15 years of consumer research, capturing insights from over 20,000 consumers across 31 countries, including 1,000 consumers in India. The survey reveals that 75 per cent of Indian consumers anticipate increased spending […]
Ecommerce drives economic surge with regulatory adaptation and regional cooperation India is targeting USD 2 trillion in exports by 2030, equally divided into merchandise and services, said Union Commerce Minister Piyush Goyal in January. Fuelled by ecommerce and its role in driving economic development and expanding trade, the Asia–Pacific (APAC) region is projected to surge […]
The Food Safety and Standards Authority of India (FSSAI) has confirmed that McDonald’s India utilises 100 per cent genuine cheese, Westlife Foodworld stated in a regulatory filing on Tuesday. “The verification confirms the brand’s assertion that it uses 100% Real Cheese and that it does not use any cheese analogues or substitutes in any of […]
The US International Trade Commission (ITC) has reportedly opposed Apple’s petition seeking a stay in a case involving the sales of its flagship device, smartwatches, according to a media report on Thursday. This is regarding a complaint by California-based tech company Masimo which allegedly claimed that Apple had infringed its patents. Earlier, ITC had considered […]
People are underestimating the potential of Open Network For Digital Commerce (ONDC), which has the potential to become a leading platform in the future, said Vijay Shekhar Sharma at an event on Monday. “According to me, people are underestimating the power of this platform to inevitably become a bigger platform, at least as Paytm and […]
Indian brands are prioritising customer experiences to drive growth, according to new research from Adobe. Most organisations are cutting their marketing and customer experience budgets – 42 per cent have already done so, and 37 per cent will in the next 12 months. In response, brands are seeking to drive efficiencies by deploying technology solutions […]
