e commerce
Retail
Will ensure e-commerce cos follow fair practices: Piyush Goyal
Minister of Commerce & Industry Piyush Goyal has said that the government is considering clarifications to ensure fair trade practices like making sure e-commerce players work within the regulatory boundaries and do not influence consumer choice.
"There is no change in the...
Big Grid
Reframing the Future Beyond COVID: Revival strategies deployed by Indian consumer brands
Early lockdown in India helped contain mass transmission of COVID-19 as compared to other nations. However, it dented economic activity. India is now on the path of recovery with consumers adapting to the new normal and slowly shifting to...
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Fashion e-commerce in 2021 and beyond
The pandemic brought with itself a range of concerns for all of us across the globe. A humanitarian crisis and economic slump struck the world and threw all of us in a state of destitution and uncertainty. As countries...
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Budget 2021: Government may announce steps to promote e-commerce exports, imports
The government in the budget next week is expected to announce measures such as extending the facility of bulk clearance for e-commerce imports and exports with a view to promoting the growth of this fast-growing segment in the country, sources said.
They...
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Make in India is going to go global at massive scale: Amazon India head
E-commerce will play an important role in the government's vision of 'Atmanirbhar Bharat' (self-reliant India) as more homegrown brands scale up and go global, leveraging digital infrastructure, a top Amazon India executive said on Wednesday. Amit Agarwal, global senior vice president and...
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Kirana modernisation can boost consumption, generate 3.2 mn jobs
The transformation of just 10% of the 13 million traditional grocery retailers in India, known as Kirana stores, could boost retail consumption by more than 5% and generate approximately 3.2 million new jobs in India, according to a new report from Accenture (NYSE: ACN) and...
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Indian e-commerce will reach $90-100 billion in 3-4 years: Flipkart CEO, Kalyan Krishnamurthy
The pandemic has brought in a shift in consumer behaviour, providing a major fillip to the Indian e-commerce industry that is now poised to touch USD 90-100 billion in the next 3-4 years, Flipkart Group CEO Kalyan Krishnamurthy said on Wednesday. Krishnamurthy said while challenges brought in...
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Global e-commerce market to reach 3.8 bn users, $2.7 tn in revenue in 2021: Study
The COVID-19 pandemic has accelerated the shift away from brick-and-mortar stores to digital shopping, as millions of consumers worldwide turned to webshops amid the lockdown. This Coronavirus-led boom in online sales caused a surge in the number of users...
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Take action against Amazon, Flipkart, Swiggy, Zomato for ‘daylight robbery’: CAIT
The Confederation of All India Traders (CAIT) said in a statement that its delegation held a meeting late on Thursday with Indian Commerce Minister Piyush Goyal, who told them a "strenuous exercise" was underway to issue new foreign investment rules.
"Mr. Goyal told...
International News
COVID-19 accelerates e-commerce market growth in Japan: GlobalData
Japan is one of the most developed e-commerce markets globally and ranks second in Asia, only behind China. The market has registered sustainable growth over the last five years supported by high mobile and online penetration and increasing consumer...
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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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