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Assocham

Gems, jewellery exports to remain under pressure: ASSOCHAM

Apex industry body ASSOCHAM has urged the government to extend incentives like interest subvention, Merchandise Exports from India Scheme (MEIS) and others to promote gems and jewellery (G&J) exports that have been marred by global slowdown thereby putting at...

ASSOCHAM to CSE: Stop being scaremongers

While the report by the Centre for Science and Environment (CSE) has caused panic among consumers and has even resulted in plummeting of sale of bread and bakery products since Monday, Industry body ASSOCHAM has said that the use...

Are high streets taking these pointers from malls?

The meteoric growth of e-commerce in India in recent years was broadly seen as a threat to physical retail. Seemingly bearing this out, ASSOCHAM states that e-commerce has grown at a compounded annual growth rate (CAGR) of 30 per...

Tobacco industry suffers losses due to graphic warning

Tobacco industry is suffering losses worth over Rs 350 crore each day as  cigarette makers have been forced to shut operations due to lack of clarity on proposed graphic health warnings on tobacco items and opened floodgates in terms...

E-shopping to rise by 78 pc in 2016: ASSOCHAM

Unfazed by slowdown, average online purchases are expected to increase by 78 per cent in 2016 from 66 per cent in 2015 due to attractive deals and aggressive marketing of ever-expanding range of merchandise from clothes to jewellery, from...

E-stores to bring $35 bn to India in 2016: Study

An ASSOCHAM study has stated that the online luxury stores will see an influx of $35 billion dollars in 2016 and by 2020 the study foresees the market to get doubled. Through 2017-2018 the market is expected to grow...

2.5 lakh jobs in e-commerce this year: Assocham

The e-commerce industry is likely to generate 2.5 lakh jobs in online retail this year, as hiring in the sector is expected to grow 60-65 per cent, according to a report by Assocham. According to the report, a majority of...

E-commerce in India to touch USD38 bn, but will it be a smooth ride?

A recent report by Industry body ASSOCHAM states that India's e-commerce market is likely to touch the USD38 billion mark in 2016, a huge 67 per cent jump over the USD23 billion revenues for 2015, making it one of...

India's luxury market to break all-time record in 2016: Study

Given the rising brand awareness among Indian youth and purchasing power of the upper income consumers in tier II and III cities, Indian luxury market is expected to cross US $18.3 billion by 2016 from the current level of US $14.7...

E-commerce market to touch $38 bn in 2016, mobiles preferred medium: Study

The e-commerce market in India is expected to touch the US $38 billion mark in 2016, a huge 67 per cent jump over the US $23 billion revenues for 2015, according to an ASSOCHAM report. "India's e-commerce market was worth...
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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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