Reporting and analysis on retail, e-commerce, and consumer trends in India, updated continuously by our newsroom.
Indian online grocery platform BigBasket has raised investment capital of about US$150 million. The investors include South Korean Mirae Asset Management (at about $60 million), the UK’s CDC Group (at $40 million), and existing investor Alibaba (about $50…
Indian auto giant Mahindra & Mahindra (M&M) registered a growth of 11 per cent in auto sales for the financial year 2018-19. The automaker sold 608,596 units in the previous fiscal, as opposed to 549,153 units sold in FY2017-18. The company’s steady growth…
Motorcycle design company, Vardenchi, is all set to open its first ‘Lifestyle Garage’ in Goregaon, Mumbai. The flagship space will offer a wide range of bespoke motorcycle upgrade solutions and crafted biker products. Biker Products will include a range of…
The 2018 Datsun GO and GO+ will be getting more expensive from April. Nissan India has announced to increase the prices of both the models by up to 4 per cent which will be effective from next month i.e. April 1. Nissan has decided to increase the prices…
Isuzu Motors India has announced to increase the prices of its commercial pick-up range- the D-Max Regular Cab and the D-Max S-Cab. The company has decided to increase the prices by 2 per cent which will be effective from April 1. Following a series of price…
Honda Motorcycle and Scooter India recently inaugurated its 1,000th dealership in India at Zirakpur in Punjab. The 1,000th Honda Exclusive Authorised Dealer is a 4S facility. With an aggressive expansion plan, Honda has added 3,300 touch-points in the last…
Hyundai India will be entering the subcompact SUV segment later this year with an all-new offering. The company recently confirmed that the new model will be called the Hyundai Venue upon launch, carandbike can now confirm that the new SUV will be unveiled on…
The FAME 2 scheme has brought cheers to the automakers in India. The Union Cabinet on February 28 allocated ₹ 10,000 crore to speed-up the development of the EV infrastructure in the country a major chunk of which will be channelised to set up fast-charging…
Domino’s Pizza Bangladesh has opened its first store, in the capital city, Dhaka. The store features a new ‘pizza theatre’ design with in-house seating offering a front-row view of pizza-making. More stores are planned later this year. Domino’s Bangladesh is…
Defining upsizing in an all new way, tyre maker JK Tyre has entered the Limca Book of Records with India’s largest off-road tyre. The 40.00-57 VEM 045 was launched in 2014 and stands at 12 feet tall while weighing around 3.4 tonnes. Before off-roaders get…
Mobile technology company Fortumo is providing its Trident Bundling Platform for India’s BSNL to help the state-owned operator distribute Amazon consumer services in the market. With the integration, BSNL is offering subscribers one years’ subscription to the…
Both Huawei and ZTE are evaluating plans to establish local manufacturing facilities in India to avoid the 20% tariff imposed on the import of telecommunications equipment. ZTE is carefully evaluating the feasibility of local manufacturing in India, including…
Skoda plans to build three electric cars based on the Volkswagen Group’s MEB platform in the Czech Republic within the next four years, including a small, affordable model. Skoda’s flagship MEB electric car will be based on the Vision IV coupe crossover…
The 2019 BMW 1 Series has been one of the long-awaited launches not only for the Indian market but also globally. The 1 Series is BMW’s most affordable offering and has been around since 2011 globally. The hatchback also made its way to India in 2012,…
India Kawasaki Motors (IKM) today announced that it will be increasing the prices of select models in India by up to 7 per cent. The revised prices for the motorcycles will come into effect from April 1, 2019, onwards and the new prices will be disclosed on…
Ducati India has announced its Do-It-Yourself Ducati Discoveries program in India and is partnering with Infinity Resorts for the same. What this means is that a Ducati owner in India will be able to make their own trips and travel plans with Ducati without…
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