The Indian consumer electronics market is expected to grow in double digits over the next several years. The five primary categories in the appliances and consumer electronics (ACE) market - air conditioners, audio, refrigerators, televisions and washing machines will see 11.7 per cent compounded annual growth until 2025, starting at...
Wal-mart's India partner expands its own retail chain
In April 2008, Bharti Retail opened its first "EasyDay Market" retail store in founder Sunil Bharti Mittal's mid-sized home town of Ludhiana in Punjab. Eschewing the major metro cities that have been the focus of other Indian retail chains such as Spencers, Reliance and More. Since then, CEO Vinod Sawhny...