Graviss Foods, the licensee of the ice cream company Baskin Robbins (BR), plans to open 1,000 outlets in India and the SAARC region by 2024, according to a press statement on Wednesday. The firm has committed Rs 100 crore to a new plant in India for 2022. With this, the firm has made its product available […]
Malabar Gold & Diamonds plans to establish 10 new stores, bringing the total number of locations to 350 by March. Malabar is now the world’s sixth-largest jewellery group and ranks 19th in Deloitte’s global luxury goods list. New store openings in India include Latur, Satara, and Nagpur in Maharashtra; Kolar and Whitefield in Karnataka; Jaipur […]
India, alongside South Africa, has achieved a major breakthrough in the realm of domestic service regulations within the World Trade Organization (WTO), a development for global trade negotiations. The Ministry of Commerce and Industry stated a pivotal win for multilateralism following successful consultations and deliberations within the WTO framework. By January 2023, a total of […]
Reliance Consumer Products (RCPL), the FMCG arm and wholly-owned subsidiary of Reliance Retail (RRVL), stated on Wednesday that it has partnered with Sri Lanka-headquartered Elephant House to manufacture, market, distribute and sell beverages under the Elephant House brand across India. As per a company release, this association will not only help the Reliance company bolster […]
A recent Morgan Stanley analysts’ note makes a crucial observation: should India maintain its growth trajectory while Chinese iPhone shipments remain stagnant, India could potentially surpass Chinese iPhone market by 2027 It’s no secret that Apple has been significantly ramping up its focus on India in the aftermath of Covid and facility-related disruptions in China. […]
The economic research department of the State Bank of India (SBI) has forecasted India’s gross domestic product (GDP) growth at 6.8 per cent in Q3 FY24 amid global economic complexity. The report added that it could hit 7 per cent on the back of likely downward revisions in Q3 FY23 estimates. The report stated that […]
India will undertake another survey of family consumption as well as goods and brands at retailers to get a complete picture of domestic spending before adjusting the consumer price index (CPI), the news agency Reuters reported. The government revealed the preliminary findings of the 2022/23 household consumption expenditure survey, the first in more than a […]
The LSEG-Ipsos monthly Primary Consumer Sentiment Index (PCSI) consumer confidence has further improved in February 2024, over January 2024, according to the LSEG-Ipsos Primary Consumer Sentiment Index (PCSI). Overall, there was a 2.9 percentage points increase in February 2024, over the previous month, as India continues to show resilience despite the stressed global macro forces, […]
IGP, an International Gifts Platform has opened its first-ever retail store in Bandra West, Mumbai. It plans to open two additional stores in Breach Candy and Vashi, Navi Mumbai, within the next month. “With a large delivery network consisting of 3 mother warehouses, and over 50+ dark stores, our brand is passionately committed to delivering […]
By Soumya Sehgal Bhutani From B2B success in Tier II markets to empowering the creator economy, Canon’s multifaceted approach positions it as a leader in driving transformative experiences and industry growth, aiming to be the fastest-growing sales company by 2024 The past few decades have witnessed significant shifts in the imaging industry, owing to technological innovations, […]
