India news and analysis

24 April 2020
Facebook has invested US$5.7bn for a 9.99% stake in India’s Reliance Jio Platforms, while Amazon has launched ‘Local Shops on Amazon’. Connecting JioMart and WhatsApp Facebook’s investment may connect WhatsApp with JioMart , potentially allowing users to find local stores around them on WhatsApp, connect with store operators and place orders from within the instant messaging service. Lo...
17 April 2020
India's FMCG businesses are partnering with the government to help up to 1m Kirana stores deliver safer shopping environments in the face of the Coronavirus pandemic. Ensuring minimum hygene and safety standards across Kirana stores As part of plans by the Union consumer affairs ministry, 12 FMCG companies including Nestle India, Britannia Industries, Marico, J&J, Dabur India, Tata Consumer...
25 March 2020
Having previously announced it has temporarily stopped shipping non-essentials in Italy and France, Amazon has now rolled this out to India. The retailer will now focus on shipping the products customers need the most.   Limiting non-essential orders Earlier this week, Amazon temporarily stopped taking orders on non-essential products on its sites in Italy and France. The initiative has bee...
20 March 2020
As authorities are encouraging people to stay at home, the demand for grocery home delivery is rising sharply. Growing online opportunities Since the beginning of the epidemic, online grocery retailers have seen a strong growth in their business: Big Basket: traffic and revenue doubled in less than two weeks. The average basket size increased by 20%. Many new users are placing ord...
28 February 2020
Metro Cash & Carry will add 5 new stores in India this year. Partnerships with “kirana” stores The retailer will build partnerships with small family-owned stores known as "kirana" stores in Bengaluru, Hyderabad and Delhi. It will provide point-of-sale devices to owners to help them track daily sales, profits and order items from Metro online. The devices also allow the stores to trade usin...
19 February 2020
Walmart has updated its forward-looking strategy. Here are 10 key facts to consider as you build your trading plans with the retailer. 1. Staying the course despite holiday sales miss The business remains confident in the long-term strategy and delivering growth despite the miss during the holidays. It was an isolated issue in toys, gaming and clothing. Activities are underway to fix this. ...
24 January 2020
Amazon has announced plans to develop brick-and-mortar ‘Digital Haats’ to help bring more small and medium businesses online. Located around major manufacturing hubs The Digital Haats will be located in Indian cities, particularly around major manufacturing hubs. These will offer services that will enable small and medium sized businesses to digitise. Services offered will include ecommerce...
24 January 2020
7-Eleven has reached another major milestone, surpassing 70,000 stores globally. Customers at the heart Joe DePinto, 7-Eleven Inc.’s President and CEO, said, "Over 93 years we've grown from a small local ice house in Oak Cliff, Texas, to a global and iconic brand that is 70,000 stores strong […] that strength is due to a relentless focus on meeting the needs of our customers. We'll continu...
21 January 2020
Amazon is due to roll out 10,000 electric delivery vehicles in India by 2025, in a bid to reduce the company’s carbon footprint. Over 20 cities The fully electric vehicles (EVs), which are a combination of three-wheeled rickshaws and four-wheeled vehicles, will be operating this year in over 20 cities, including Delhi NCR, Bangalore, Hyderabad, Ahmedabad, Pune, Nagpur and Coimbatore. The mo...
14 January 2020
Walmart India is undergoing a major restructure of the business, beginning with changes in personnel. Looking to drive more efficient operations Eight of the 56 executives that have been let go were in senior management roles and the rest from middle or lower management. Reuters reported that the move had mostly affected executives in Walmart’s real estate division, which mainly looks after...