Commerce and Business Minister, Piyush Goyal raised concern in regards to the functioning of the E-commerce sector, saying that E-commerce is consuming into the small retailers by giving heavy reductions on merchandise. Goyal charged E-commerce gamers with predatory pricing and never giving a degree taking part in area to small retailers. Talking at an occasion … Read more
Buoyed by India’s sturdy consumption patterns, enterprise capitalists are flocking to fund retail sector startups. Investor confidence in new-age retail corporations and startups has surged, with funding within the retail sector rising by 32 per cent to $1.63 billion within the first half (H1) of 2024, up from $1.23 billion in H1 2023, in keeping … Read more
Indian retail has the chance to achieve a measurement of $2 trillion within the subsequent 10 years, buoyed by a rise in personal consumption and amidst a shift in consumption patterns, a report by Boston Consulting Group and Retailers Affiliation of India mentioned. The Indian financial system is on a robust development trajectory and the … Read more