V2 Retail, a retail chain companies, has unveiled its ambitious expansion strategy, including the recruitment of over 1500 employees across diverse verticals. Alongside this hiring initiative, the fashion retailer is poised to augment its footprint with the addition of 35-40 new stores, each spanning approximately 4 lakh square feet. This expansion drive encompasses a substantial […]
The travel and tourism market in India is set to generate a revenue of USD 23.72 billion in 2024, with a projected annual growth rate (CAGR 2024-2028) of 9.62 per cent, according to projections by the India Brand Equity Foundation (IBEF). This growth trajectory is expected to propel the market volume to USD 34.25 billion […]
Malabar Gold & Diamonds achieved an annual retail global turnover of Rs 51,218 crore in the last financial year. In just three decades, Malabar Gold & Diamonds, headquartered in Kerala, has garnered unprecedented success in the global jewellery industry. The brand’s strategic retail expansion plan spans India and overseas markets, aiming to strengthen its position […]
Kunal Bahl, Chairman CII National Startups Council and co-founder of Snapdeal and Titan Capital, has said that Indian startups which were earlier “bringing” business models of other countries and replicating those in India, are now increasingly solving the nation’s problems or tapping into India’s opportunities. “Founders were earlier bringing those models to India and investors […]
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 […]
Vinod Cookware, an Indian cookware manufacturer, has recently opened its latest manufacturing unit in Gundale village, Palghar district, Maharashtra. Covering an expansive 250,000 square feet, the newly inaugurated plant in Gundale is now the brand’s largest production unit. “This expansion aligns with Vinod Cookware’s existing operational setup, as all factories are currently located in Palghar, […]
In a significant boost to Uttar Pradesh’s dairy sector, the projects initiated during the groundbreaking ceremony are set to attract investments totaling Rs 9,000 crore. Despite emerging as the top milk producer among states in 2022-23, the state faces challenges with low milk production capacity in cattle, presenting an opportunity for further enhancement. During the […]
Commerce and Industry Minister Piyush Goyal on Wednesday, emphasised India’s commitment to fair and open negotiations in trade and investment agreements, ensuring the interests of the people are safeguarded. Speaking at the CII India-Europe conclave, Goyal mentioned that countries engaging in Free Trade Agreements (FTAs) and investment pacts with India should recognise the substantial market […]
Swiggy has expanded its food delivery services to Agatti Island in Lakshadweep, the company said in a press release on Thursday. “This expansion marks a significant milestone for us, as we become the first online food delivery service to make a foray in Lakshadweep. We are excited to partner with local restaurants and support them in […]
After 16 years of negotiations, Switzerland and India have finally reached a consensus on a free-trade agreement, as confirmed by Swiss Economy Minister Guy Parmelin, reported Bloomberg. According to the agency, Parmelin travelled to India directly from the World Economic Forum in Davos to meet with Minister Piyush Goyal. As per the Swiss Minister’s post […]
