Reporting and analysis on retail, e-commerce, and consumer trends in India, updated continuously by our newsroom.
Weeks after we revealed that Apple has applied to the government to set up its fabled stores in India, its chief executive officer Tim Cook has confirmed the same, signaling India’s elevation in the Cupertino-based smartphone maker’s consciousness as one of…
Foodpanda India appears likely to be shut down after parent Rocket Internet failed to find a buyer at a bargain basement price. It’s the latest chapter for the increasingly troubled Asian operations of Foodpanda which last monthgave up in Vietnam after…
As red-hot sales in China show signs of cooling, Apple Inc executives are touting India’s growing appetite for iPhones. In an earnings call in which the company reported meager iPhone growth and forecast its first revenue drop in 13 years, the Indian market…
The country presents retailers with growth opportunities, including some advantages that can’t be found in China Lately there’s been much talk and worry about China’s long-term growth prospects and what that means for retailers counting on expanding in the…
Mumbai Metropolitan Metro has the highest potential for modern retail in the country at Rs 1.05 lakh crore, followed by Delhi-National Capital Region, which has total potential of Rs 77,900 crore, according to Knight Frank & Retailers Association of India’s…
Indonesia may be attracting almost double the number of global tourists than India but visitors from here are few and the southeast Asian country has decided to grant free visas to Indians to attract more travelers from India which is a “big market” for them.…
Akanksha Hazari’s parents were relieved when she announced in 2013 that she was moving to Mumbai on her own. “After Palestine, India was fine,” says her mother, Anjali. “Akanksha wanted to go to Africa originally, but her father and I managed to convince her…
Indian retailer Reliance Industries has reported a 50 per cent growth in sales in its consumer electronics category for the quarter to December 31. Reliance Retail also consolidated its leadership in the grocery category, optimising its network to enhance…
Direct flights between India and Indonesia are likely to begin this year to facilitate tourism, Indonesian ambassador Rizali W. Indrakesuma said on Wednesday.”The Indian government has already given permission; it is a matter of how Indonesia responds. We are…
Xiaomi is keen on applying for a single-brand retail licence in India and will take a final call on the matter in a couple of weeks after more consultations as the Chinese company strives to deepen its presence in the world’s fastest-growing smartphone…
I first wrote about the potential of Asia for Apple in September 2014. My article, titled “Asian Growth sends strong bull message for Apple” met with a lot of critical comments that the Apple brand would never catch on in China. The people were too poor, the…
SnapBizz Cloudtech Pvt Ltd, a start-up that devises technology for corner grocery stores, has raised $7.2 million in an investment round led by venture capital firms Jungle Ventures, Taurus Value Creation, Konly Venture and Blume Ventures to expand across…
H&M India says it will soon open its first flagship store in the country – its largest yet. The new shop is under construction at the DLF Mall of India, the company said in a statement. It will comprise 37,000 sqft (3440 sqm) spanning four floors in the mall,…
Embattled Tesco achieved a record market share in Thailand in the latest quarter – as Asia shined in a mixed set of financials. Analysts appeared in agreement that the UK’s largest supermarket operator delivered patchy results overnight, despite the solid…
Apple Inc has applied to set up its own stores in India, one of the world’s fastest growing smartphone markets, as the iPhone-maker looks to tap new opportunities amid worries of slowing growth in its main markets. Apple sells its iPhones, iPads and Macs in…
Designed by Alessandro Germini, the store decor is in line with contemporary stores across Europe and the rest of the world. The store exhibits class and its décor is pristine with a touch of the latest global trends. The store’s cordial staff, international…
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