Assocham

How Q-commerce platforms added cheer to the Valentine’s Day celebrations of its customers New Delhi: In 2015, Indians spent approximately Rs 22,000 crore on Valentine’s Day, as per ASSOCHAM data. Valentine’s day has grown manifolds since then as a celebration...

The BIS standards, prepared after extensive stakeholder consultations and to be effective from November 25, will be voluntary but the government will consider making them mandatory in case the menace of fake reviews continues on the online platforms. New Delhi: E-commerce...

Indian retail is undergoing a rapid transformation propelled by several factors such as rising household incomes, increased consumerism, e-tailing, favourable demographics, and easy credit availability. Though we have experienced phenomenal growth over the past decade, share of organised retail...

The Indian retail industry is expected to driven by data-led opportunities and artificial intelligence, said a joint report by industry body Assocham and Primus Partners. The changing consumer preferences is driving the need for the digitisation of stores, and increased...

The whopping US $16-billion mega deal by global retail giant Walmart with the country's leading e-tailer Flipkart for majority stake makes India an attractive destination for global majors in the digital space, industry experts said on Wednesday. Kishore Biyani, CEO,...

India's luxury market is set to grow to USD 30 billion from USD 23.8 billion by the year-end on back of growing exposure of international brands amongst Indian youth and higher purchasing power of the upper class in tier...

The male grooming industry is expected to grow at a CAGR of 45 per cent to touch Rs 35,000 crore in next three years, due to rising aspiration among men to look better and rapid urbanisation, says an Assocham...

The digital commerce market in the country is expected to cross US $50 billion in value by the end of 2018 from the current level of US $38.5 billion, on the back of a growing Internet population and increased...

India's food processing sector has the potential to attract US $33 billion investment by 2024, according to a study released. The country's food and retail market is expected to touch US $482 billion by 2020, up from US $258 billion...

The retail market in India is likely to reach US $1.1 trillion by 2020 from the current level of US $680 billion, according to the just published study jointly by MRRSIndia and ASSOCHAM. The study said that Retail and FMCG...