Bikano has launched a range of frozen products in the international market, aiming for a 40 per cent YoY growth from the export market. With this move, Bikano seeks to tap opportunities in the international market and has high hopes of touching 200 crores in terms of sales in FY23-24. “The demand for Bikano products […]
Parle, a well-known biscuit manufacturer, has described its ambitious plans for the upcoming months, concentrating on both consolidation and expansion in an exclusive conversation with BW Retail World. The company aims to strengthen its position in the atta (wheat flour) and cereal categories while utilising its recent successful launches. With its expansion into atta and […]
India’s overall exports in the just concluded financial year 2022-2023 were worth USD 775.87 billion, a growth of over 14 per cent and almost USD 100 billion more than last year’s figures, official data released by commerce ministry showed on Monday. In 2021-22, the overall exports were at USD 676.53 billion. In 2022-23, India’s merchandise […]
Retail leasing in India has been on the rise as a result of the rising demand for retail space. Retail leasing increased 21 per cent over the previous year to 4.7 million square feet in 2022, according to the most recent research from real estate consultant CBRE. According to the survey, the F&B industry, hypermarkets, […]
A year after signing Comprehensive Economic Partnership Agreement (CEPA) with United Arab Emirates (UAE), India is likely to touch an all-time high in exports this year, Dr Srikar K Reddy, Joint Secretary, Ministry of Commerce said on Thursday. Reddy said that the historical India-UAE CEPA is yielding results. “India-UAE CEPA has seen a significant positive […]
India’s overall exports on Wednesday posted a 14.57 per cent increase year-on-year in January 2023 to USD 65.15 billion, against USD 56.86 billion on January 2022, the Union Commerce ministry stated in a release. Overall exports mean exports of merchandise and services combined. Further, according to a statement from the Ministry of Commerce and Industry, […]
Adani Wilmar, said on Tuesday that sales would increase in the high single digits in the third quarter, owing to strong demand during the festive season and increased out-of-home consumption. According to a regulatory filing, the company’s standalone sales volume will grow in the high teens. The company said that price volatility in its mainstay […]
JSW Steel reported 6.24 million tonnes of group combined crude steel production in Q3 FY23, representing a 17 per cent year on year (YoY) increase, including production at jointly controlled entities. Production increased by 10 per cent quarter on quarter (QoQ) due to improved average capacity utilisation at JSW Steel and Bhushan Power & Steel […]
The FMCG major announced on Friday that its India business is expected to grow in the low to mid-single digits, while its international business is expected to grow in the double digits in Q3 FY23. Dabur said in its regulatory filing that the demand trends for the industry remained weak during Q3 FY23 with rural […]
