Castrol India Q1 Profit Rises, Costs Weigh On Margins
Castrol India posts 3.74 per cent rise in Q1 CY26 profit, supported by rural and premium growth, as higher input costs and emerging headwinds pressure margins.
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Apple’s India Revenue Surges 42% In 2023, But Can It Surpass China By 2030?
- by Rohit Chintapali
- February 28, 2024
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. […]
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Indian Smartphone Market Sees Rebound With 20% YoY Growth In Q4 CY2023
- by BW Retail World Bureau
- January 23, 2024
Indian smartphone vendors experienced 20 per cent year-on-year (YoY) rebound in Q4 2023, propelled by robust demand during the festival season, according to the latest Canalys research. The quarter saw a total of 38.9 million units shipped, showcasing the resilience of the market in the face of challenges. Maintaining its leadership, Samsung claimed the top […]
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Jagatjit Industries Expands Portfolio With Premium Royal Pride Whisky
- by BW Retail World Bureau
- November 8, 2023
Jagatjit Industries Limited (JIL) has widened its product portfolio by introducing Royal Pride whisky in the premium segment, according to a media release. Designed for the premium market, Royal Pride whisky aims to cater to diverse preferences and budgets, offering three distinct stock-keeping units (SKUs). According to Roshini Sanah Jaiswal, the company’s promoter and executive […]
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iPhone Sales Surge Past 1.5 Mn Units In First Week Of Festive Sales In India
- by BW Retail World Bureau
- October 21, 2023
The first week of festive sales in India has seen iPhone sales surge past 1.5 million units. This marks over 25 per cent year-on-year (YoY) growth, as disclosed in a recent report. The data, released by Counterpoint Research, revealed a thriving smartphone market in India during the festive season. The surge in sales was primarily […]
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Footwear Industry To See Moderate Growth of 7-8% In FY24: Icra
- by BW Retail World Bureau
- October 6, 2023
The footwear industry is projected to experience a moderate growth of 7-8 per cent in the current fiscal, contrasting with the robust 28 per cent growth in FY23, as indicated in a report by Icra on Thursday. The industry encountered subdued revenue growth in the first half of FY24, primarily attributed to factors such as […]
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Samsung Extends Production Cuts In Response To Challenging Semiconductor Market
- by BW Retail World Bureau
- July 28, 2023
Samsung Electronics has announced its decision to extend production cuts in response to a challenging global semiconductor market. The company expressed a cautious outlook for the industry, noting that the demand recovery is primarily confined to high-end chips utilised in artificial intelligence applications. The memory chip industry has been experiencing an unprecedented downturn, which had […]