Amazon India is avidly looking for future avenues of growth. Having committed to investing $3 billion into India , Amazon is now planning to convert its subsidiary Junglee into a platform for buying and selling second hand products. A study by the Associated Chambers of Commerce of India found that...
India's Nutraceuticals Market to Reach $6.1 Billion by 2020
According to 'Emerging Indian Nutraceutical Market', by the Associated Chambers of Commerce and Industry of India and business consultancy services firm RNCOS, the Indian nutraceuticals market is projected to touch to $6.1 billion by 2020. "Higher purchasing power has prompted Indians to be more health conscious and adopt a healthy diet routine completed with...
India’s Packaged Goods Industry Likely to Reach $50 Billion by 2017
India’s packaged food industry is rapidly growing. The sector is likely to rise to $50 billion next year from $32 billion last year, according to the Associated Chambers of Commerce and Industry of India, which said, "There has been a major shift in food habits in the metropolitan cities. About 79...
Nutraceuticals Market in India to Grow to $6.1 Billion by 2020
According to a joint study by industry body ASSOCHAM, Associated Chambers of Commerce & Industry, and market research firm RNCOS the Indian nutraceuticals market is estimated to be $2.8 billion at present and is projected to touch $6.1 billion by 2020. The report, entitled 'Emerging Indian Nutraceutical' Market', stated reasons...
India’s Digital Commerce Market to Touch $128 Billion by 2017
A joint study by Deloitte and ASSOCHAM, the Associated Chambers of Commerce of India says that the digital commerce market in the country is likely to touch $128 billion in 2017 , compared to $42 billion this year. "Increasing mobile and Internet penetration, m-commerce sales, advanced shipping and payment options,...
Where Will Amazon’s Biggest Market outside U.S. Be?
Retail giant Amazon is planning to invest $5 billion to turn India into its biggest market outside the U.S., the Economic Times reports. Amazon has completed two years in India, where its business is now worth at least $2 billion in gross merchandise value on the e-commerce side, and includes...