Despite the aggressive expansion of quick commerce businesses in India, given that people are increasingly opting to shop through the emerging online platforms, brick-and-mortar retail remains a robust channel in the tier 2 and tier 2 cities, as per a report by global consulting firm PwC.
The report cites four key reasons for restricted competition: a stringent electric vehicle (EV) policy, challenges in securing investment approvals for Chinese firms, a small EV market with just two per cent penetration, and the long product localisation cycle of two-four years for global
Women in India are increasingly taking charge of their financial security, as about 44 per cent of women purchasing term insurance now opt for a cover of Rs 1 crore or more, according to the data released by Policybazaar.
Gurgaon (Haryana) [India], March 6: For millions of Indians, getting expert legal guidance and consultation is still a difficult and overwhelming task. Justice should be for everyone, but the legal system often feels out of reach. High costs make quality legal help unaffordable for many, par
PwC India announced the launch of its first-ever startup accelerator program called the Emerging Tech Startup Challenge, designed to empower startups in the emerging technology space to refine their solutions and accelerate market penetration.
The report mentioned, "According to SIAM and domestic OEMs, domestic PV industry wholesale volumes are expected to grow low single digits yoy (flat yoy growth in FY2025E) in FY2026E, driven by steady growth in the SUV segment due to newer launches and an increase in BEV segment penetration,
New Delhi [India], February 7: The anticipated increase in India's adoption of electric vehicles (EV), with EV sales forecasted to reach 30-35% of annual vehicle sales by FY30, according to SBI Capital Markets (SBICAPS), creates a large window of opportunity for the stainless steel indust
The electric vehicle (EV) penetration will increase in the next three years due to the introduction of more reliable models at competitive price points and the possible growth of the charging network, according to the Axis Capital report.
The penetration of electric cars in India is projected to rise significantly, reaching 9 per cent by FY30 from the current 2 per cent, according to a report by Nomura. This shift is part of the country's broader transition toward sustainable and eco-friendly mobility solutions.
As the energy transition in India moves quickly towards green energy, hybrid penetration will increase faster in the near to medium term, according to a report by Institutional Research.
India stands out as a promising market with vast untapped potential, as the country remains below the global average in product penetration across several key sectors, highlights a report by ICICI Mutual Fund.
India's stock market landscape is witnessing rapid growth in demat accounts, but the penetration remains significantly lower compared to global standards, according to a report by Motilal Oswal.