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Assocham

The business of love on Q-commerce

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...

Govt. announces new norms to curb fake online reviews of products, services

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...

Digital transformation of Indian retail

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...

Retail industry to witness transformation due to tech disruptions, data-led opportunities: Report

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...

Walmart e-entry makes India attractive to global majors: Experts

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,...

Indian luxury market poised to expand 5-fold in three years: Assocham

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...

Male grooming industry to touch Rs 35,000 crore in next 3 years: Assocham report

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...

E-commerce market may cross US $50 bn mark by the end of 2018: Study

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 may attract US $33 billion by 2024: Study

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...

India’s retail market to touch US $1.1 trillion by 2020: study

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...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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