India news and analysis

04 January 2019
Grofers, one of the leading online grocers in India, aims to generate $2.5bn in revenue by 2020 and scaling up its private label offerings. Experiencing fast growth Speaking to PTI, Grofers' co-founder and CEO Albinder Dhindsa said Grofers has been witnessing over 30 per cent month-on-month growth. "While we do not sell gourmet products that usually offer higher margins, we have been able t...
03 January 2019
We look at the latest news from UAE-based Lulu. This includes Lulu’s retail division Tablez and its plans to expand in India, with an aim of opening 300 stores by 2020. Tablez hopes to generate a revenue of INR4bn (US$57.3m) by 2020, up from the INR1bn (US$14.5m) it generates currently. The revenue target will be driven by a range of retail brands and will not be solely down to LuLu’s grocery ...
03 January 2019
Regulatory guidelines may have significant impact for ecommerce. Takes effect on 1 February In a move aimed at promoting fair trade in India, the government has announced a series of regulations for the ecommerce industry. From 1 February 2019, online marketplaces will not be allowed to list exclusive products on its platform. Previously, manufacturers and suppliers would work with Amazon o...
21 December 2018
Google is expanding its presence in India by rolling out its shopping service. Following the launch Indian shoppers can browse online deals from various retailers using Google Shopping.  Google Shopping helps to compare prices Shoppers in India will be able to compare deals, review prices and search for products from multiple retailers online. The personalised experience will be available t...
13 December 2018
Flipkart, a leading Indian online market place, has committed to pushing newer categories such as furniture and groceries over the next three years. Driving grocery growth Flipkart currently provides online grocery services in four cities in India, adopting the monthly basket approach.  Its CEO Kalyan Krishnamurthy commented that Grocery is by far one of the most difficult businesses Flipka...
12 December 2018
Our new grocery market size forecasts underline how the top 20 countries globally are set to sustain their growth to 2023. By the end of the five-year timeframe we see the 20 biggest grocery markets, growing by 28%, adding US$1.9tr in sales. Asia leading growth outlook… Asia’s growth will be broad based. The region will contain seven of the world’s largest grocery markets by 2023 and will...
11 December 2018
Promotions and new hires within leadership team. Chief business officer for Walmart India appointed Following the departure of its chief operating officer, Walmart India has announced Sameer Aggarwal as its chief business officer. Aggarwal will now oversee strategy, merchandising, cost analytics, ecommerce, technology, marketing and replenishment for the retailer in India. According to h...
11 December 2018
Promotions and new hires within leadership team. Chief business officer for Walmart India appointed Following the departure of its chief operating officer, Walmart India has announced Mr. Sameer Aggarwal as its chief business officer. Mr. Aggarwal will now oversee strategy, merchandising, cost analytics, ecommerce, technology, marketing and replenishment for the retailer in India. Accord...
27 November 2018
Nine new stores opened in 90 days. Strengthening its presence in existing clusters Spencer’s Retail Limited, India’s oldest retailer, boosted its presence in the country by opening nine new stores in the past three months. The multi-format retailer now operates more than 140 stores across 40 cities. Of these, 33 are large format hypermarkets called Spencer’s Hyper. Instead of network exp...
23 November 2018
Online grocery retailer aims to increase private label products to 40% of sales revenue. Extending into new categories BigBasket, India’s leading online grocer, has announced that it will increase its private label presence. Hari Menon, co-founder and Chief Executive said, “ Private labels are around 34 per cent of our business now and we plan to scale this to 40 per cent in about a year. T...