Varun Jain, The Economic Times New Delhi, 5 February 2015 India's North-Eastern states are fast emerging as the drivers of growth for some leading e-commerce companies, which claim double-digit growth in the market after having overcome last-mile delivery challenges. In this region, where hilly terrain and limited road and flight connectivity have posed hurdles for companies wanting to expand operations, demand for goods online is being fuelled by unavailability of certain products and the deep discounts being offered by e-commerce companies on a host of goods, including branded products. Snapdeal's VP - operations, Ashish Chitravanshi, said the North-East region is…
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Anand Murali & Jayadevan PK, The Economic Times Bengaluru, 4 February 2015 Xiaomi will likely set up a marketplace platform and bring on board third-party retailers to sell the phones on its portal Mi.com When Chinese phone maker Xiaomi starts its own portal to sell phones in India, it may adopt the model followed by Amazon and Flipkart to work around the country's retailing regulations. Xiaomi will likely set up a marketplace platform and bring on board third-party retailers to sell the phones on its portal Mi.com. Xiaomi will supply the sellers so that it doesn't flout retailing norms, according…
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Sharleen D'souza, Business Standard Mumbai, 3 February 2015 In search of the next sales pitch, some of Madura Fashion and Lifestyle's (part of Aditya Birla Nuvo) apparel brands are turning to customisation. The first to let consumers have a go at it was Madura's Louis Philippe, but that was seven-eight years ago. Now, Van Heusen, its mid-to-premium formal clothing brand and its casual clothing brand extension, V Dot, are set to take it up on a mass level. Ironically, the readymade apparel market flourished and overtook the unorganised tailoring segment when customers eschewed bespoke shirts and pants. And yet, one…
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Varun Jain, The Economic Times New Delhi , 29 January 2015 As online shopping grows in India, deal sites that offer cash-back and discount coupons have emerged, helping retailers to add customers and widen the market. E-commerce entities such as Amazon have started to realise the importance of these deal sites and the impact they can have on business. For large e-commerce players, partnering with discount coupon and cash- back sites is a way to gain a larger market share and build competitive advantage, said Ravitej Yadalam, CEO and founder of Pennyful.in, a coupon and cash-back shopping website. For smaller…
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Sagar Malviya, The Economic Times Mumbai, 23 January 2015 Trent Hypermarket — the equally owned joint venture between the Tata Group and UK's Tesco — plans to invest Rs 250 crore as the only Indian multibrand retailer with foreign investment aims to open more stores. The planned expansion is likely to be seen as a test case for the ruling BJP's stance towards foreign direct investment in the supermarket segment. The party's stated policy is against FDI in stores selling multiple brands, but industry watchers and experts say the government is unlikely to meddle with Trent's plan at a time…
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