Reporting and analysis on retail, e-commerce, and consumer trends in India, updated continuously by our newsroom.
Reliance Retail Ventures Limited has bought Indian retailer Shri Kannan Departmental Store for US$20 million. “The investment will further strengthen the group’s retail operations and presence in the state of Tamil Nadu and will further enable retail and new…
BMW Group India has announced a number of measures to restrict employee movement during the novel coronavirus pandemic that’s swept the globe. The automaker has announced that it will be closing the Chennai-based manufacturing facility with immediate effect…
Malls in India affected by the coronavirus outbreak are seeking a bailout from the government to compensate for losses incurred during a mandatory shut down period through to March 31. The decision has affected both retailers and developers in the various…
Indian e-commerce platform Flipkart has filed for approval from regulatory authorities to conduct food retail in the territory. According to a Times of India report, The Walmart-owned business has made the application with the Department for Promotion of…
Indian retailers are staging a three-day nationwide boycott on selling Samsung mobile devices in response to the firm’s exclusive discounting deals with e-commerce operators. The All India Mobile Retailers Association (AIMRA) has arranged the Samsung boycott…
H&M in India is planning a broad expansion beyond tier I cities into smaller population centers. The move is in response to a burgeoning demand for its apparel items in tier II and II cities within the territory and continues the brand’s rapid growth in the…
Fast-fashion retail giant H&M has labeled India its fastest-growing emerging market. The firm is now targeting ₹2,000 crores (US$280,000) in turnover from the territory, a goal it is likely to achieve by the end of this year despite signs of reduced domestic…
Apple CEO Tim Cook says the first Apple India store is on track to open next year. Cook made the announcement in response to a question at the firm’s annual shareholder meeting. The company’s plans for the region have been anticipated for some time, following…
Fast-fashion retail giant H&M has labeled India as its fastest-growing emerging market. The firm is now targeting ₹2,000 crore (US$280,000) in turnover from the territory, a goal it is likely to achieve by the end of this year despite signs of reduced…
Mercedes-Benz India will soon launch the A-Class Limousine and the company has already kick-started bookings in the country. A part on the new-generation A-Class range, the new sedan version is positioned below the Mercedes-Benz CLA, is currently the most…
European wholesale group Metro Cash & Carry will launch five new locations in India by the end of the year. The firm is also building its supply partnerships with local small-scale “kirana” stores, and has already secured 2000 partners in Bengaluru,…
India’s Aditya Birla Fashion and Retail is set to launch more than 500 stores by the end of the year. According to reporting in The Economic Times, the firm, which owns the Pantaloons fast-fashion brand, is counting on shifting buyer interest towards its…
Indian Apple reseller Aptronix has launched six new stores in Tamil Nadu and Kerala. The firm has opened four locations in Chennai and one each in Coimbatore and Kochi. “With these six stores across Chennai,” said company founder Sutinder Singh, “Aptronix…
Sunshine Teahouse, the parent of Indian tea chain Chaayos, has raised US$21.5 million in a new funding round. The fundraising, led by US firm Think Investments and including $3 million of venture debt from InnoVen Capital, will assist the firm to increase its…
Chinese smartphone brand Vivo has opened an experiential flagship store in Thane, Maharashtra as Vivo India eyes 250 new stores this year. The 1800sqft outlet is the second of 20 stores planned for the territory, according to the India News Service. Vivo…
To meet rising demand for air travel between Vietnam and India as well as across the region, Vietjet has announced three new direct routes connecting Vietnam’s three largest hubs, Da Nang, Hanoi and Ho Chi Minh City, with two of India’s largest economic,…
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