Reporting and analysis on retail, e-commerce, and consumer trends in India, updated continuously by our newsroom.
News that the Foxconn factory near the city of Chennai in Southern India has closed means that iPhone production in the country will be negatively impacted. The plant churns out iPhone 12 models and factory workers have suffered through a bout with food…
eBikeGo, one of India’s largest electric two-wheeler mobility platforms has acquired the product license rights to manufacture the Muvi brand of electric vehicles of Spanish automotive company Torrot in India. The Muvi electric scooter will be manufactured in…
Royal Enfield has sold 120 units of its limited-edition anniversary edition 650 Twins motorcycles in under 2 minutes on December 6, 2021. Launched in celebration of Royal Enfield’s 120th anniversary, the 60 Royal Enfield Interceptor 650 motorcycles, along…
Ola Electric will finally commence deliveries for its long-awaited S1 range of electric scooters from December 15, 2021. The company’s Co-Founder and CEO, Bhavish Aggarwal, recently announced the delivery date through his social media account. Aggarwal in his…
Leading Indian car rental platform will begin operations in Vietnam next week. Users can start booking cars, including SUVs and hatchbacks, on its website and smartphone app starting Monday, a media representative said. “We hope to reach 2,000 vehicles on the…
Honda has announced setting up a new subsidiary in India, which will focus on the supply chain side of the electric vehicle industry. Called Honda Power Pack Energy India Private Limited, the new subsidiary for battery sharing service in India will offer…
The reinsurer is tasking an Indian information technology company with the operation of its digital workstations. Swiss Re is extending its partnership with consultancy firm Tata Consulting Services (TCS) to manage its digital workstations. The multinational…
The Vietnam Maritime Corporation has launched a container shipping route to Malaysia and India. The route from Vietnam’s Hai Phong Port to Malaysia’s Port Klang, India’s Calcutta, Port Klang, and SP-ITC International Container Terminal in HCMC takes 10 days…
Ingka Centres, part of Ingka Group, is set to open a mixed-use development in Gurugram, Southwest of New Delhi, marking Ikea’s first shopping mall in the country. Construction is set to start early next year, with an investment of US$448 million. The project,…
Hero Electric, India’s leading electric two-wheeler manufacturer, has clocked 24,000 retail sales during the festive period this year. According to the company, compared to last year, when Hero Electric’s festive sales stood at 11,339 units during the period…
With the pandemic fiercely constricting the traditional brick and mortar retail stores across the country, retailers now seek a new hybrid/omnichannel commerce. The “new normal” forced the entire sector to think out of the box and come up with innovative…
Harley-Davidson India will launch its second new model based on the new Revolution Max 1250 platform, after the Pan America 1250. The new Sportster S, will make its India debut at the upcoming India Bike Week 2021 at Aamby Valley, Lonavla on December 4-5,…
MG Motor India has commenced the deliveries for the Astor compact SUV, which went on sale in the country last month. On the auspicious occasion of Dhanteras, the Chinese-owned British carmaker has delivered the first batch of over 500 units of the Astor to…
The office will kick-start SGX India Connect IFSC, a special purpose vehicle that will facilitate SGX’s upcoming connection with India’s National Stock Exchange (NSE). Singapore Exchange (SGX) has opened the SGX-International Financial Services Centre (IFSC)…
Online takeaway delivery firm Foodpanda is partnering with Indian virtual kitchen company Rebel Foods to roll out the latter’s virtual restaurant brands at 2,000 outlets across ten Asian countries, Foodpanda’s chief operating officer said. “Foodpanda is…
Renault India has announced special offers across its product range right in time for the festive season. These offers include maximum benefits of up to ₹ 1.30 lakh on select variants across the line-up. The company said that the offers can be availed while…
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