Amazon India has launched a pilot program to test in-store pick up service in India's two largest cities. In Mumbai and Delhi, the company has partnered with state-owned oil marketing firm Bharat Petroleum. BPCL operates a retail chain known as In&Out at some of its gasoline stations across the country....
India business favors political change
India’s Sensex stock market index (comprised of 30 market weighted shares trade on the Bombay Stock Exchange surged 487 points to 21,483 on the day after results from four key state elections poured in last week. The UPA coalition, led by Prime Minister Dr. Manmohan Singh at the federal level...
Suitmaker Canali Puts India in Top 10 now
The CEO of high-end Italian suitmaker Canali says that India is among its top ten markets globally. So far in 2013, the luxury clothing maker has seen 14% growth in sales over last year. The company is e opening a store in Kolkata and "As soon as some new locations...
India among top 15 emerging retail markets
A.T. Kearney's Global Retail Development Index for 2013 views India favorably and realistically. It points to India's large, young, increasingly brand- and fashion-conscious population. Retail growth of 14 to 15 percent per year is expected through 2015. "Modern retail" remains limited (7 percent in 2012), but it is expected to...
Bangalore and Mumbai are most the Expensive cities for Average Indian Consumers
Analysis of the most recent Consumer Price Index data released by Reserve Bank of India shows that Bangalore has the highest average cost of living in India, followed by Mumbai, then Chennai, Kolkata, and Delhi. This is a chart from The Times of India, which indicates the CPI scores of...
Philips Consumer Lifestyle India sells high end coffeemakers in three top cities
"Consumer lifestyle is reshaping in the country and to be more relevant to the new generation, we need to have local relevance. We believe that coffee culture is fast catching up in urban India and there is an opportunity for us," Philips India, President Consumer Lifestyle (Indian Subcontinent) A.D.A. Ratnam...