VIP Industries’ Caprese Taps Prozo To Power Next-gen Supply Chain
By entrusting its end-to-end supply chain to Prozo, Caprese aims to deliver a faster, more agile, and customer-centric experience
By entrusting its end-to-end supply chain to Prozo, Caprese aims to deliver a faster, more agile, and customer-centric experience
The company notes that the new manufacturing unit is expected to generate an additional USD eight million in annual revenue
In 2024, among the retail categories, the home décor segment is likely to expand in online and offline formats, while fashion and apparel players will continue expanding in tier-I cities across malls and high streets, according to a report ‘2024 India Market Outlook’ by CBRE South Asia Pvt. Ltd. Domestic jewellery brands are also expected […]
A study on Tuesday revealed that the Indian manufacturing sector stood as the most targeted industry for ransomware extortion in 2023. The study by Palo Alto Networks said on a global level a 49 per cent YoY increase was observed in multi-extortion ransomware attacks from 2022 to 2023 and before 2023 LockBit ransomware remained the […]
Godrej & Boyce is set to invest approximately Rs 40 crore over the next three years to expand its distribution network for consumer brands in tier-II and tier-III cities. The company, known for selling interior solutions, furniture, appliances and locks, aims to double its footprint to more than 400 towns by FY27 with these fresh […]
Danone and Nestle, the leading consumer goods companies, said on Thursday that they will slow price rises in 2024, following two years of hikes that pushed many buyers to seek cheaper alternatives for essential items such as yoghurt and coffee. However, Danone, which owns brands such as Evian and Badoit waters and Activia yoghurt, warned that prices […]
The producers of chocolate brands, Hershey and Cadbury, are contemplating further price adjustments to counteract an unprecedented surge in cocoa prices. Despite facing challenges such as reduced consumer purchases and potential impacts on profits due to inflation, these chocolate makers have consistently passed on the escalating costs to their customers. Over the past year, cocoa […]
China’s Xiaomi said that smartphone component suppliers are hesitant about setting up operations in India due to the government’s severe surveillance of Chinese companies, the company said in a letter, according to Reuters. Xiaomi, which has the largest share of India’s smartphone market (18%), also requests in the letter dated Feb. 6 that India consider […]
Flipkart on Wednesday said that it will begin offering free same-day delivery of items across many categories in February. The facility would initially be offered in 20 cities, including Delhi, Bengaluru, Mumbai, Chennai, Guwahati, Ludhiana, Nagpur, Siliguri, Vijayawada, and Coimbatore, according to a statement from the Bengaluru-based firm. Products across categories like mobile phones, fashion, beauty products, […]
Jubilant Foodworks, the operator of the fast-food chains Domino’s Pizza and Dunkin’, on Wednesday, reported a decline of 18.2 per cent in consolidated net profit to Rs 65.70 crore in the third quarter (Q2) ended December 2023 as against the net profit of Rs 80.36 crore in the same period of the previous fiscal, according […]