The Laundry Industry is expected to reach USD 70 billion at a compound annual growth rate (CAGR) of 6-7 per cent year-on-year (YoY) basis and yet the industry is highly unorganised and it is dominated by the local dhobis because people don’t have options, however, this scenario is changing, Anurabh Sinha, CEO of UClean in […]
Apple is ramping up its efforts in India’s retail market to boost its revenue this year. The company aims to increase sales from the 200 or so franchisee-owned exclusive retail stores in India. To achieve this, Apple has introduced a global consumer promotion and student discount at its company-owned brick-and-mortar and online stores in India. […]
Hammer, an athleisure tech brand that appeared on the first season of Shark Tank, has seen extraordinary growth and success post getting a deal on the show. In an exclusive conversation with BW Retail World, the company’s founder & chief operating officer (COO), Rohit Nandwani revealed that at the time of the brand’s episode airing, […]
The house construction industry in India is going through an upcoming boom, pushed by factors such as population growth, increasing demand for housing and the government’s pro-growth outlook. Maiden Forgings, a steel forging company, is capitalising on this growth and is involved in the production and supply of collated nails and stainless steel nails. In […]
What we do and how we handle payments has evolved tremendously in modern-day fast-paced digital world. For the sake of keeping up with these modern times, conventional methods of payment have undergone evolution. The heydays of scrambling for cash as well as swiping cards have been outdated. The means of payment have evolved profoundly within […]
ITC‘s revenue from its fast-moving consumer goods (FMCG) business witnessed a substantial growth of 20 per cent in the fiscal year 2022-23 (FY23), according to a recent media reports. The revenue reached Rs 29,000 crore compared to Rs 24,000 crore in FY22. Notably, this impressive growth does not include revenue from its tobacco business, and […]
Nykaa announced its financial results for the quarter and full year ended March 31, 2023 on May 30 2023. Over the last two years, Nykaa has continued to prioritize growth, profitability and creating long-term sustainable value for shareholders, customers and the larger ecosystem. India’s BPC market today stands at USD 21 billion, having grown from […]
Bharat Heavy Electricals or BHEL, the largest government-owned power generation equipment manufacturer in India witnessed a decline of over 30 per cent in consolidated profit after tax (PAT) for the quarter ended March 2023 (Q4FY23). The profit in the corresponding quarter of the previous year was Rs 912.5 crore, whereas, in Q4FY23, it dropped to […]
India’s FMCG firm Dabur India on Thursday said that its full-year 2022-23 consolidated revenue crossed the Rs 11,000 crore mark to end the year at Rs 11,529.9 crore. The company said that the strong execution of the power brand strategy coupled with distribution footprint enhancement helped Dabur India report a steady performance during the fourth […]
Organised jewellery retailers in India are expected to continue outpacing the industry over the medium term, owing to industry tailwinds such as an accelerated shift in market demand from unorganised retailers and planned expansion of retail presence to capitalise on the tailwinds, according to credit rating agency ICRA. In its most recent research report, the […]
