India is gaining a greater share in global output due to strong foundational factors such as robust population growth, a functioning democracy, macroeconomic stability, better infrastructure, a growing entrepreneurial class, and improved social outcomes.
Rising incomes, a young workforce, and rapid urbanization are expected to drive consumption growth across the country. According to projections, consumer spending in India will rise to USD 4.3 trillion by 2030, up from USD 2.4 trillion in 2024.
Despite the persistent inflation and sluggish demand, several leading FMCG and retail brands are doubling down on their premiumization strategies, reshaping their approach to appeal to discerning customers.
Singapore, August 7: The countdown has begun for Franchising and Licensing Asia (FLAsia) 2024 - one of the region's most anticipated trade events for franchising and licensing. Organised by the Franchising and Licensing Association (Singapore) and Constellar, FLAsia 2024 will take place at S
According to a report by staffing company TeamLease Services, employee attrition remains a significant challenge for employers in the consumer durables and electronics sector, with the cost of attrition to an organization with 1000 employees being approximately Rs 3.64 crore.
According to recent data, India is expected to outpace Germany by 2024 and Japan by 2026, solidifying its position as a global economic powerhouse. The country's rapid ascent is driven by several key factors, including its large population and rising middle class.
India's expanding consumer market and vast labour force can make it an alternative destination to China as part of countries' supply chain diversification, according to Fitch.
New Delhi [India], November 27: Delifrance, with a legacy of 100 years in French Bakery know-how is being brought to India by the Bahri Hospitality and Cuisines Pvt. Ltd., part of the Bahri Group. Delifrance is soon to launch its first outlet in South Delhi, Defence Colony, New Delhi. Bahri
New Delhi [India], May 15 (ANI/PNN): Launched in 2011, Mirraw, an e-commerce marketplace for ethnic products, founded by Shailesh Jain and Anup Nai has grown remarkably in the last 10 years without any external funding and became a well-known Unicorn in 2016.
Bangalore (Karnataka) [India], April 17 (ANI/PRNewswire): IMA® (Institute of Management Accountants) has announced the appointment of Sunil Deshmukh, CMA, as Chair-Elect of IMA's Global Board of Directors for its 2024 fiscal period (July 1, 2023, to June 30, 2024). Deshmukh is a leaders
New Delhi [India], March 21 (ANI/GPRC): Two UK-based Indian Investors Biswanath Patnaik and Arun Kar got featured in Forbes.mc magazine in one of their latest print editions. These two Indians made it to the cover page of the Forbes International Magazine brand.
Mumbai (Maharashtra) [India], December 20 (ANI/PNN): Sky Gold Limited (BSE: 541967) is engaged in the business of Designing, Manufacturing and Marketing of Gold Jewellery. Has entered the D2C (Direct to Consumer) market in the USA to expand its business. The Company has a tie-up with M/s. Va