Convenience Tops Discounts In India Retail Shift
Over 70 per cent of Indian consumers prioritise convenience over discounts, as quick commerce rises and ecommerce and kiranas reshape roles in a multi-channel retail ecosystem
E-commerce & Marketplaces
Finance
National
News
UPI Transactions Surge 56% In India, Leaving Card Payments In Dust
- by BW Retail World Bureau
- April 4, 2024
The latest report from Worldline has unveiled divergences in the trajectories of digital transactions in India. While UPI transactions have surged by 56 per cent year-on-year (YoY) in H2 2023, card transactions saw a modest growth of 6 per cent. Startling revelations have emerged regarding the digital payments landscape in India for the latter half […]
Electronics
Manufacturing
National
News
India Becomes World’s Second Largest Mobile Phone Maker: ICEA
- by BW Retail World Bureau
- March 8, 2024
The electronics manufacturing industry has met its objectives set a decade ago, becoming the world’s second-largest maker of mobile phones, generating products worth Rs4.1 lakh crore, according to an industry body. The India Cellular and Electronics Association (ICEA), which represents the leading smartphone brands and manufacturers, estimates that the sector ended the decade with 2.45 billion […]
Companies
Finance
Government
News
National Ecommerce Policy Near Completion, Says Commerce Minister
- by BW Retail World Bureau
- December 29, 2023
Union Minister For Commerce and Industry Piyush Goyal announced on Thursday that the National E-commerce Policy is in its final stages of discussion and is poised for imminent announcement. Addressing the media at a press conference, Goyal stated, “It is in the final stages of discussion at the highest level in the government. We hope […]
News
Opinions
Demand Sensing, Giving Your Business A Proactive Stance
- by BW Retail World Bureau
- October 20, 2023
There are decades where nothing happens and weeks where decades happen, said a tall leader. The last few years, beaten down by covid-19, seems to reflect these exact sentiments. The pandemic upended businesses globally through disrupted supply chains, decreased consumer demand, and a shift to remote work. The relative stability of the markets, which we […]
Companies
E-commerce & Marketplaces
Logistics
National
News
Amazon’s Partners With India Post And Indian Railways Aim To Boost Ecommerce Growth In India
- by BW Retail World Bureau
- September 1, 2023
Amazon on Thursday announced a series of strategic initiatives at the fourth edition of the Amazon Smbhav Summit in New Delhi. The event brought together policy makers, industry leaders, startups, and Amazon executives to discuss ways to unlock the potential of a Digital India. Amazon’s initiatives are in line with its commitment to India’s growth […]