Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (2024)

Table of Contents
Current Scenario ofFuture Retail Factors Influencing Future Retail's Share Price Predictions for Future Retail's Share Price in 2025 Strategic Initiatives for Recovery What Are Herbal Cigarettes? Top 5 Herbal Cigarette Brands in India Benefits of Herbal Cigarettes Ingredients of Herbal Cigarettes Are Herbal Cigarettes Safer? Final Thoughts Innovation By Leading Toy Brands in India Best Toy Brands in India Hamleys Hot Wheels Funskool Skillmatics Playshifu Toyshine Final Thought 2000 - 2010 - 2020 And The Present: Driving Factors Behind Major Transitions: How To Build Your Brand’s Niche? What Is Expected And What To Do Next: The Rise of Premium Beauty Consumption Gen Z and Millennials Lead the Charge Beyond Metros The Rise of Homegrown Beauty Brands Influencer Marketing and New Platforms Ingredient-Focused Beauty and the Rise of Skinification The Microtrend Revolution The Role of Technology in Beauty Why Diwali Gifting is Important for Employees Diwali Gifting Ideas Under ₹300 for Employees: Thoughtful & Affordable 1. Scented Candles: A Relaxing Gift 2. Handcrafted Diyas: Traditional and Festive 3. Mini Succulents: Green and Low Maintenance 4. Customized Keychains: A Personal Touch 5. Dry Fruit Pouches: A Healthy and Festive Option Diwali Gifts Under ₹500 for Employees: More Value for Your Money 1. Personalized Mugs: A Useful and Memorable Gift 2. Desk Calendars: Stay Organized in Style 3. Assorted Tea Gift Packs: A Calming Treat 4. Phone Stands: A Convenient Desk Accessory 5. Chocolates and Sweets Hampers: A Festive Favorite Diwali Gifts Under ₹1000 for Employees: Premium Choices to Impress 1. Bluetooth Earphones: Modern and Practical 2. Leather Wallets: Classic and Durable 3. Power Banks: Stay Connected Anytime 4. Essential Oil Sets: Promote Relaxation 5. Travel Organizers: Keep Everything in Place Executive Diwali Gifts for Employees (Under ₹1500): Show Your Appreciation with Style 1. Portable Bluetooth Speakers: Music on the Go 2. Smart Plugs: A Tech-Savvy Gift 3. Customized Desk Clocks: Elegant and Useful 4. Gourmet Food Baskets: A Luxurious Treat 5. Office Bags or Laptop Sleeves: Professional and Practical High-End Diwali Gifts For Employees (Under ₹2000): Luxury with a Purpose 1. Noise-Canceling Headphones: Block Out Distractions 2. Tabletop Air Purifiers: Fresh Air for Health 3. Leather Journals: Encourage Creativity 4. Coffee Makers: For the Coffee Lovers 5. Personalized Nameplates: Add a Professional Touch Luxury Diwali Gifts (₹3000 - ₹5000): For the Ultimate Reward 1. Smartwatches: Track Health and Stay Connected 2. Portable Projectors: For Entertainment Anywhere 3. Luxury Scented Candle Sets: Set the Mood 4. Wireless Charging Pads: Convenient and Sleek 5. Designer Home Decor: Beautify Their Space Conclusion Overview and History of White Wine The Process of Tasting White Wine Top 10 White Wine Brands in India Final Words Qualities Offered by Luxury Chocolate Brands in India Best Luxury Chocolate Brands in India Smoor - Superior Ingredients Fabelle (ITC) - Specially Crafted Chocolates Paul And Mike - Science Behind Chocolate Pascati - Sweetness in Every Bit Naviluna - Pure Cacao Beans Soklet - Traditional Taste Mason & Co - Organic Chocolates Final Word Vision for Noida and Beyond Not Just a Mall, a Meeting Place Sustainability at its Core IKEA: More Than Just a Store Numbers That Tell the Story Factors to Consider While Buying a Luxury Car Top 5 Luxury Car Brands in India Rolls Royce Bentley Porsche Lamborghini Jaguar Final Thought Definition and Concept Industry Trends Benefits of Experience Studios Measuring ROI Challenges and Solutions Future Outlook The unpredictable monsoon: a story of quick adaptation How to manage supply chain disruptions? Building Strong Supplier Relationships Strengthening Logistics and Distribution Networks Use of Data Analytics and Technology Driving the FMCG Sector with Flexibility and Adaptability Conclusion Eco-Friendly Ganesh Chaturthi Celebrations: Sustainable Gift Ideas for Ganesh Chaturthi: Ganesh Chaturthi Decor Ideas: Transform Your Home for the Festivities: Ganesha's Blessings: Auspicious Gifts to Bring Prosperity and Joy: Ganesh Chaturthi Styling Tips: Dress to Impress for the Festivities: Final Thought: 1. Tulsi: A Natural Wellness Booster 2. Honey: Nature’s Sweet Gift 3. Quinoa: The Nutrient-Rich Superfood 4. Moringa: The Green Powerhouse 5. Wheatgrass Juice: Special Healing Qualities Final Thought The Rise of Quick Commerce Scalability and Profitability The Impact on Traditional Retail and FMCG Giants Urbanization and Digitalization Durable Goods: Outshining the Market Key insights into durable goods performance include: Non-Durables: A Mixed Bag Reflecting Changing Preferences Lifestyle Changes Driving Consumption Consumer Trends Looking Ahead Top Factors to Consider in Music Streaming Platforms in India Top 5 Music Streaming Platforms in India 1. Apple Music: For Better Audio Experience 2. Spotify: for Diverse Choice 3. YouTube Music: For All Your Loved Songs in High-Quality Audio 4. Amazon Music: All in One 5. JioSaavn: For your Diverse Taste What is the Best Music Streaming Platform in India? Final Words FAQs on Music Streaming Platforms in India Why Every Man Should Incorporate Beard Oils 1. Beard & Hair Growth Oil by Beardo 2. Onion Beard Growth Oil by Bombay Shaving Company 3. Derma Roller by The Man Company 4. Beard Growth Oil by Ustraa 5. Beard Growth Serum With Redensyl by Sheopal’s Final Thoughts The Appeal of Pre-Owned Luxury Targeting India’s Affluent Consumer Base The Rise of Gen Z and E-Commerce Challenges and Opportunities The Future of Luxury Pre-Owned in India Why OTT Platforms are Popular in India Top 10 OTT Platforms In India Final Thought 1. Coca-Cola: 2. Diet co*ke: 3. Sprite: 4. Fanta: 5. Dr. Pepper: 6. Schweppes: 7. Barq's Root Beer: 8. Minute Maid: 9. Simply Orange: 10. Powerade: 11. Dasani: 12. Georgia: 13. Fruitopia: 14. Del Valle: 15. Honest Tea: 16. Gold Peak: 17. Fuze Tea: 18. Barista Brothers: 19. Costa Coffee: 20. Vitaminwater: 21. Smartwater: 22. Topo Chico: 23. NOS Energy Drink: 24. Zico Coconut Water: Agriculture: The Next Frontier Expanding Trade Through Strategic Agreements Leveraging Innovation Overcoming Logistics Challenges The Chile Summit India 2024 Expanding Beyond Agriculture A Promising Future Overview of Cigar Brands in India Top 10 Cigar Brands in India Cohiba Montecristo Davidoff Romeo y Julieta Indian Gentleman Corona Extra Partagás H. Upmann Arturo Fuente King Edward Alec Bradley Factors to Consider When Choosing a Cigar Final Words: FAQs Sectoral Highlights: Grocery, Fashion, and Electronics Innovation in Omnichannel Retail Strengthening the Supply Chain Strategic Joint Ventures Scaling New Heights Top 5 Tequila Brands in India Types of Tequila 3 considerations when choosing a Tequila Brand Best Ways to Enjoy Your Tequila Final Word The Rise of Discovery Commerce How Discovery Commerce Works Success with Discovery Commerce From Inspiration to Purchase Converting Impulse to Intent The Role of Technology and Personalization The Future of Discovery Commerce Staying Ahead in a Competitive Market List of the Top 10 Luggage Brands in India: American Tourist: Best for Affordable Style and Durability Safari: Best for Durability and Innovation in Travel Luggage VIP: Best for Affordable and Sturdy Luggage for All Travelers Samsonite: Best for Premium Quality and Elegant Designs Skybags: Best for Trendy and Functional Luggage for Young Travelers Aristocrat: Best for Budget-Friendly Luggage Options Tommy Hilfiger: Best for Fashion-Forward Travelers Mokobara: Best for Modern Design and Tech-Friendly Features Uppercase: Best for Sustainable and Eco-Friendly Luggage Delsey: Best for Stylish Luggage with Advanced Security Features Best Luggage Brands for Indian Travelers Where to Buy the Best Luggage Brands in India Budget vs. Luxury Luggage Brands in India Final Words Here are the Best 5 Streetwear Brands in India Today Bonkers Corner- Bold Designs and Urban Aesthetic Bewakoof - Fashion-Conscious and Tech-Savvy Newme - Urban Streetwear Aesthetics For Girls The Souled Store - Pop Culture Obsessed Nobero - For Those Who Like Simple Items Streetwear Styling Tips Final Words Championing Organic Farming Leveraging Technology for Farmer Empowerment Reducing Waste Through Sustainable Packaging Innovative Logistics for a Greener Supply Chain Fair Pricing and Consumer Incentives Supporting Farmers Through Knowledge Sharing The Future of Sustainable Retail The Retail Landscape Amidst Economic Slowdown 1. Urban Consumer Confidence and Retail Performance 2. Impact of Government Expenditure on Retail Industrial Sector’s Role in Shaping Retail Dynamics 1. Manufacturing Slowdown and Retail Supply Chains 2. Construction Sector and Retail Infrastructure Agricultural Sector and Rural Retail Demand 1. Rural Sentiment and Retail Demand The Road Ahead: Opportunities and Challenges 1. Government Expenditure and Retail Revival 2. Consumer Sentiment and Retail Growth 3. Challenges and Mitigation Strategies The Power of Premiumization The Role of Festive Seasons in Driving Sales The Rise of Smaller Players and Private Labels Shifting Consumer Preferences The Future of Modern Trade in India 1. A Legacy Rooted in Retail and Innovation 2. A Strong Academic Foundation 3. A Quiet, Yet Powerful Business Dynasty Union 4. Rising through the Ranks with Strategic Foresight 5. A Future Shaped by Family and Corporate Governance Here is a gifting guide for you: know what different brands are offering. Lifestyle Skincare, Beauty and Wellness Technology Apparel Jewelry Balancing Growth and Investment Market Outlook: Strategic Investments and Future Prospects Assess Your Competitors Register Your Business Formally Develop a Robust Business Plan Identify and Understand your Target Customers Plan Investments and Secure Funding Select the Optimal Location Source Products from Reliable Suppliers Build a Competent Team Launch and Promote Your Store Trending Products to Stock in 2024 Final Words Presenting the Top 5 Sibling Entrepreneurs in India The Ambani Trio The Birla Siblings The Nayar Duo Lupin Siblings The Amrutam Siblings Final Word Reliance Retail’s Impact on the Sector Key Growth Drivers Market Segmentation Challenges and Opportunities Strategic Initiatives A Prelude to the Festive Season Shifting Segments The Rise of 5G Online vs. Offline Channels Market Outlook Top 10 Washing Machine Brands in India Bosch Samsung LG Electronics Whirlpool IFB Haier Voltas Godrej Lloyd Acer Final Word FAQs Why Rebrand Now? A Year into the Rebranding Battling the Newcomers Embracing Technology Looking to the Future What is B2B Marketing? What is B2C Marketing? B2B vs B2C Marketing: 10 Key Differences How do B2B and B2C Companies Approach Sales? Social Media’s Impact on B2B and B2C Marketing B2B Buyer Considerations vs. B2C Buyer Considerations Final Words FAQs List of the Top 10 Pizza Brands in India 1. Domino's Pizza 2. Pizza Hut 3. Chicago Pizza 4. Slice of Italy 5. Pizza Express 6. Tossin Pizza 7. La Pino'z Pizza 8. Oven Story Pizza 9. Baking Bad 10. GoPizza Final Words: FAQs on the Top 10 Pizza Brands in India India’s Retail Landscape: An Overview How Offline Retailers Are Propelling the Industry Forward as MSMEs Digital Transformations to Offline Retail The Future of Offline Retail Davidoff Nestle BRU Blue Tokai Sleepy Owl TATA Coffee Colombia Brew Country Bean Continental Rage Coffee Final Word FAQs Top 10 Best Red Wine Brands in India 2024 1. Jacobs Creek 2. Fratelli 3. Sula 4. Aurva Chandon 5. Riviera 6. Grover Zampa 7. Four Seasons 8. Big Banyan 9. Dia 10. Arros Final Word FAQs on the Top 10 Indian Red Wine Brands The Growth Story: A Market on the Move The Winds of Change: Factors Shaping Consumer Preferences The Socio-Economic Catalyst Bridging Global and Local Tastes Looking Ahead: The Future of Furniture in India Omnichannel Commerce: Meeting Consumers Where They Are The Power of AI Ensuring Privacy in a Data-Driven World Measuring Success Expanding Tech Horizons Top 10 Gold Jewellery Brands in India 1. Tanishq 2. Kalyan Jewellers 3. Malabar 4. Reliance Jewels 5. PC Jewellers 6. Joyalukkas 7. Senco 8. CaratLane 9. Bluestone 10. Zoya Final Words FAQs 10 Laptop Brands Review: Pros & Cons List of Top 10 Laptop Brands in India 1. Apple (MacBook) 2. HP 3. Dell 4. Lenovo 5. Asus 6. Acer 7. Microsoft 8. Samsung 9. HCL 10. LG Final Words: FAQs on Top 10 Laptop Brands in India (2024) Quality and Unique Products as Key Drivers Customs Duties and Compliance The Impact of 'Make in India' on Cross-Border Commerce Post-Pandemic Growth and Seller Confidence Key Takeaways Thriving in the Global Commerce Landscape What’s the Buzz? The Secret to Skincare Magic Sephora x Laneige: What’s Next? Nationwide Store Expansion Digital-Offline Balance Quick Commerce Entry Expanding Product Portfolio Influencer-Driven Awareness Tech-Enhanced Experience Designer Collaborations Remarkable Revenue Growth Strategic Global Expansion Top 10 Rum Brands in India (2024) 1. Old Monk 2. Bacardi 3. Santa Teresa 4. Amrut 2 Indies Rum 5. Rock Paper 6. Camikara 7. Pitbull 8. Bermuda 9. Contessa XXX 10. Five Rivers Last Word FAQs on Top Rum Brands in India Different Types of Luxury Handbags Top 10 Luxury Handbags in India 1. Hermès 2. Gucci 3. Louis Vuitton 4. Dior 5. Chanel 6. Celine 7. Miu Miu 8. Prada 9. Yves Saint Laurent 10. Givenchy Final Thought FAQs on Top 10 Luxury Handbags in India Revenue Growth and Key Drivers Economic Contributions and Consumer Trends Urban and Rural Market Dynamics Market Size and Future Projections Government Initiatives and Support Digital Transformation and E-Commerce Growth Competitive Landscape and D2C Disruption The Road Ahead What is Product Life Cycle? 4 Stages of Product Life Cycle Why is Product Life Cycle Important? How Does Product Life Cycle Work for Different Industries? Factors Affecting the Product Life Cycle Final Word FAQs Empowering Sellers with Simple Technology A Game-Changer for Small Businesses A Cost-Effective Solution The QR code costs the sellers nothing! They don't need to give any special price to any application. They can generate it and give it to everybody, and they can scan it. Encouraging Broader Participation Top 10 Car Brands in India 1. Maruti Suzuki 2. Hyundai 3. Tata Motors 4. Mahindra & Mahindra 5. Kia 6. Toyota 7. Honda 8. Skoda 9. Volkswagen 10. Renault Final Thought FAQs on Top Car Brands in India The Power of Social Media Advertising Relevance of Ads The Role of Search Filters in Online Shopping Growing Interest in Chatbots and QR Codes The Future of AI-Enabled Shopping Challenges and Opportunities for Businesses Surge of Global Brands Trends in Luxury Beauty A Diverse Portfolio The Beauty Sale The Road Ahead 71 Percent of Orders from Small Towns Changing Consumer Preferences MSMEs Embrace WhatsApp and Data Analytics The $300 Billion Vision Indian Brands Making Their Mark Globally Insights and Opportunities for MSMEs The Rural Challenge: A Seismic Shift Premiumization and Evolving Consumer Preferences Healthier Alternatives and Quick Commerce Leading FMCG Brands: Parle and Britannia Dominate Out-of-Home Consumption Trends Growth and Penetration Insights Top 9 Successful Young Entrepreneurs in India 1. Anchit and Adwaita Nayar- Nykaa 2. Gazal Alagh and Varun Alagh – Mamaearth 3. Ankit Nagori - Curefoods 4. Bala Sarda- Vahdam 5. Dhvanil Sheth- Skillmatics 6. Ankit Garg and Chaitanya Ramalingegowda - Wakefit 7. Manoj Meena - Atomberg 8. Harsh Lal- Souled Store 9. Siddharth Dungarwal- Snitch Final Outlook FAQs 10 Best Affordable Smartwatch Brands in India 2024 - Top Picks 1. BoAt 2. NOISE 3. Titan 4. Timex 5. Fire-Boltt 6. Hammer 7. Fastrack 8. Pebble 9. Redmi 10. Maxima Final Thought A Strategic Move Collaborations and Brand Extensions The Indian Consumer Electronics Landscape Overcoming Traditional Challenges Innovation at the Core Data-Driven Decision Making Understanding Consumer Segmentation Embracing Omnichannel Strategies Adapting to Consumer Behavior Shifts Advice for Omnichannel Success Top 10 Men'sFormal Wear Brands in India Raymond Rare Rabbit Marks & Spencer Van Heusen Louis Philippe Peter England Park Avenue Allen Solly United Colors of Benetton Jack and Jones Final Outlook FAQs Custom Duty Reduction Impact on Industry Sustainable Growth and Innovation Charger Costs to Also See a Dip 1. Custom Duty Reduction on Gold & Silver to 6 pc and Platinum to 6.4 pc 2. BCD Rates on Mobile Phones, Mobile PCBA, and Charger Reduced to 15 pc from 20 pc 3. Introduction of E-commerce Hubs under the PPP model 4. Boost to Consumer Durable Products 5. Abolition of Angel tax 6. Reduction in Tax Rates for Foreign Companies Operating in India from 40 pc to 35 pc 7. TDS Rate on E-Commerce Exporters to be Reduced to 0.1 pc from 1 pc 8. Boost to Leather and Textile Industries Top 10 Formal Shoe Brands in India 1. Clarks 2. ALDO 3. Bruno Magli 4. Carlton London 5. Pedro (Charles & Keith) 6. Dune 7. Rosso Brunello 8. Red Tape 9. Lee Cooper 10. Hush Puppies The Current Landscape Streamlining Customs and Regulatory Procedures Enhancing Payment Reconciliation and Financial Flexibility Establishing E-commerce Export Hubs (ECEHs) Policy Interventions and Support Mechanisms Financial Accessibility and Priority Sector Lending Building a Competitive E-commerce Export Ecosystem Consumer Behavior: Convenience and Affordability Ensuring Quality and Trust Sustainability Initiatives: Promoting a Circular Economy Challenges and Road Ahead Yug Bhatia, CEO and Founder, ofControlZ Key Strategies Driving Growth Adapting to Changes in Consumer Behavior Omnichannel Presence Product Categories and Upcoming Launches Embracing Digital Transformation Revenue Targets Future Growth 1. Run Through Market Research 2. Select a Location 3. Create a Business Plan 4. Get the Boutique Registered 5. Develop a Funding Structure 6. Spread Awareness via Online and Offline Platforms The Final Outlook FAQs What Consumers Want Golden Opportunity for Retailers Getting Future-Ready

Future Retail Share Price Target in 2025: What to Expect

Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (1)

BY - Sandeep Sharma
Content EditorMay 27, 2024 / Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (2)

19832

/ 7 MIN READ

Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (4)

Future Retail has faced significant challenges in recent years, causing concern among investors about the future of its share price. As we look ahead to 2025, it's essential to consider the various factors that will influence Future Retail's market performance and share price target.

Current Scenario ofFuture Retail

Future Retail's journey has been tumultuous, particularly with the failed acquisition by Reliance Industries in 2020, which led to a significant drop in its share price. The company's debt burden has been a major contributor to its financial instability.

Factors Influencing Future Retail's Share Price

  1. Market Conditions: The overall market conditions will play a significant role in shaping Future Retail's share price. Economic indicators such as inflation, interest rates, and consumer spending habits are pivotal factors that could impact the retail sector. The retail sector in India is expected to grow significantly from 2023 to 2025, which could positively impact Future Retail if it manages to capitalize on this growth.
  2. Company Strategy: Future Retail's ability to implement an effective business strategy will be critical. This includes managing its debt, streamlining operations, and expanding its retail network to boost profitability. The company has plans to close unprofitable stores and focus on high-performing ones, which could improve its financial health.
  3. Regulatory Environment: Government policies and regulatory changes in the retail industry will significantly affect Future Retail's operations. The introduction of new e-commerce policies in India, which aim to level the playing field between online and offline retailers, could have a significant impact on Future Retail's business model.
  4. Competitive Landscape: The retail sector is highly competitive, with numerous strong players vying for market share. Future Retail must innovate and differentiate itself to maintain and grow its market position. The company's reliance on physical stores versus competitors' omnichannel strategies could be a critical factor.
  5. Consumer Trends: The shift towards online shopping and changing consumer preferences will influence Future Retail's strategy. The company needs to adapt to these trends to remain relevant and competitive. E-commerce sales in India are projected to reach significant levels by 2025, and Future Retail's ability to integrate digital channels will be crucial.

Predictions for Future Retail's Share Price in 2025

Predicting Future Retail's exact share price in 2025 is challenging due to the numerous variables involved. However, some analysts are cautiously optimistic. If Future Retail can navigate its current challenges and seize growth opportunities, there is potential for a positive outlook in its share price. Analysts estimate that with successful debt restructuring and strategic realignment, the share price could recover to more stable levels by 2025.

Investors should closely monitor the company's financial health, strategic initiatives, and market position. Staying informed about the latest developments in the retail sector will be crucial for making well-informed investment decisions.

Strategic Initiatives for Recovery

To improve its future prospects, Future Retail must focus on several strategic initiatives:

  • Debt Management: Reducing debt levels and improving financial stability will be essential. This may involve restructuring existing loans and seeking new funding sources.
  • Operational Efficiency: Streamlining operations to reduce costs and improve profitability will be crucial. This includes optimizing supply chain processes and leveraging technology.
  • Digital Transformation: Embracing digital transformation to enhance the online shopping experience and integrate online and offline channels will help capture a broader customer base.
  • Customer Engagement: Enhancing customer engagement through personalized marketing and loyalty programs can drive repeat business and increase customer lifetime value.

Conclusion

The future of Future Retail's share price target for 2025 remains uncertain, with numerous factors at play. The company's ability to manage internal and external challenges effectively will determine its market performance. Investors need to stay vigilant, monitor ongoing developments, and be prepared for both risks and opportunities. While there is potential for recovery, a cautious approach is advisable given the current uncertainties.

By focusing on strategic initiatives and adapting to market changes, Future Retail can strive to improve its position and offer a more promising outlook for investors. The retail sector's volatility underscores the importance of staying informed and making strategic investment decisions.

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    Sustainable Construction in India by Building a Greener Future

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (5)

    BY - Guest author
    / 4 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (7)

    India, with its rapid urbanization and growing population, is undergoing a critical transformation in its construction sector. The country has made significant strides in recent years, with a growing emphasis on eco-friendly building practices.

    The Indian Green Building Council (IGBC) has been instrumental in promoting sustainable building standards and certifying green projects. India boasts the world's largest green building footprint, with over 9 billion square feet of green-certified buildings. This surge reflects a growing awareness of the environmental and economic benefits of sustainable construction.

    At the core of sustainable construction lies the integration of eco-friendly materials. Recycled materials, such as fly ash, industrial waste, and recycled concrete, are increasingly replacing traditional building components. For instance, the use of fly ash in cement production can reduce carbon emissions by up to 88 percent. Additionally, bio-based materials like bamboo, which offer excellent insulation and durability, are gaining popularity.

    Energy efficiency is a paramount concern in the Indian context. Incorporating solar panels, advanced insulation, and energy-efficient appliances has become standard practice in sustainable buildings. A study by the Energy and Resources Institute (TERI) found that green buildings can achieve up to 30 percent energy savings compared to conventional buildings.

    Green roofs, which provide insulation, improve air quality, and manage stormwater, are gaining traction in Indian cities. These vegetated rooftops contribute to urban cooling, reducing the heat island effect. Studies have shown that green roofs can reduce energy consumption by up to 15 percent.

    While India has made significant progress, challenges such as higher initial costs and a lack of skilled labor persist. However, with increasing government support, technological advancements, and growing consumer awareness, the future of sustainable construction in India appears promising.

    As a development company, we are committed to embracing sustainable practices and creating eco-friendly spaces. By incorporating sustainable materials, energy-efficient technologies, and green building principles into our projects, we aim to contribute to a greener and more sustainable India.

    Authored By

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (8)

    Deepak Sethi, Director, Projects, Reach Group

    Next Story

    Top 5 Herbal Cigarette Brands in India: A Safer Smoking Alternative

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (9)

    BY - Saptopriya Ghosal
    Junior Writer / 16 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (11)

    With health becoming a major concern for smokers, many are turning to herbal cigarettes as a natural alternative. Free from nicotine and harmful chemicals, these cigarettes are made using a variety of herbs, flowers, and spices. In this article, we’ll explore the benefits, key ingredients, and the top 5 herbal cigarette brands in India that are helping people make healthier choices.

    What Are Herbal Cigarettes?

    Herbal cigarettes are tobacco-free and nicotine-free alternatives that use natural ingredients like herbs and spices. These cigarettes offer a smoking experience similar to traditional ones but without the addictive and harmful effects of nicotine. Instead of tobacco, herbal cigarettes contain blends of natural ingredients that can include mint, tulsi, clove, and other aromatic herbs.

    Herbal cigarettes are marketed as a healthier option, often used by people who are trying to quit smoking or cut down on nicotine. They aim to replicate the feel of smoking, providing an alternative for those who miss the hand-to-mouth action or social aspect of smoking.

    Top 5 Herbal Cigarette Brands in India

    India has a growing market for herbal cigarettes, with several brands offering unique blends of herbs and spices. Here’s a look at the top 5 brands leading the way:

    1. Royal Swag: The Premium Herbal Smoking Experience

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (12)

    Royal Swag is a prominent and trusted herbal cigarette brand in India, celebrated for its blend of 100% natural ingredients like tulsi, mulethi, and other carefully selected herbs known for their health-enhancing properties. These herbal cigarettes offer a sophisticated and smooth smoking experience, catering to those seeking an alternative to traditional tobacco products.

    What sets Royal Swag apart is its focus on promoting relaxation and wellness. Its unique herbal blends are designed to help relieve stress and promote a sense of calm, without the harmful effects of nicotine or tobacco. Royal Swag is an excellent choice for individuals who want to de-stress in a healthier, more mindful way, making it a popular option for conscious smokers looking to unwind and relax.

    2. Organic Smokes: A Flovour of Nature

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (13)

    Organic Smokes offers Ayurvedic herbal blends crafted to support smoking cessation. The brand stands out in the market for its commitment to Ayurvedic principles and organic ingredients. This brand focuses on providing a healthier and more sustainable smoking experience by incorporating natural herbs into its products. The company avoids the use of artificial additives, ensuring that each cigarette is made from pure, organic materials.

    Organic Smokes is known for its emphasis on sustainability and organic farming practices. Their products are free from artificial additives. The brand uses herbal blends crafted from plants known for their therapeutic benefits, like tulsi, mint, and cloves, which are believed to support respiratory health.

    3. Nirdosh: The Oldest Puff

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (14)

    Nirdosh is a pioneer in the herbal cigarette industry in India and one of the oldest brands in the market. Its products are deeply rooted in Ayurveda, the ancient Indian system of medicine. Nirdosh herbal cigarettes are crafted using traditional Ayurvedic ingredients like tulsi, ginger, turmeric, and other herbs known for their detoxifying and healing properties.

    Nirdosh positions itself as a health-first brand, with a focus on cleansing the lungs and promoting respiratory wellness. The herbs used in Nirdosh cigarettes are believed to help detoxify the body and improve overall lung function. The brand markets its products as a natural way to aid smoking cessation while supporting lung health.

    4. Honeyrose: A Flavourful Delight

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (15)

    Honeyrose is an internationally acclaimed herbal cigarette brand. Their cigarettes are made using a blend of herbs and flower petals, offering a rich and flavorful experience. Honeyrose provides a rich and flavorful smoking experience that is far removed from the harshness of tobacco. The brand’s blends are designed to offer a smooth, aromatic sensation, making it a favorite among smokers who seek a more refined experience.

    Honeyrose has a global presence and is known for its premium products. Their herbal cigarettes are particularly popular for their smooth, floral flavor and elegant packaging. The brand is also popular for its elegant packaging and the premium feel of its products, which are favored by those who appreciate a luxurious, non-tobacco smoking experience.

    5. Ecstacy Herbal Cigarettes: A Sensory-Rich Experience

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (16)

    Ecstacy is a luxury herbal cigarette brand that offers a range of exotic herbal blends. Known for its use of rare and aromatic herbs, Ecstacy offers a unique and upscale smoking experience. Ecstacy Herbal Cigarettes offer a sophisticated blend of rare and aromatic herbs, which provide a soothing and aromatic smoking experience. The brand is designed for individuals who seek not just a healthier alternative but a more indulgent, sensory-rich experience.

    Ecstacy stands out for its high-quality ingredients and luxurious packaging. Their products are designed for those who seek a more refined, aromatic smoking experience. The brand’s focus on creating a more elevated and refined smoking experience has made it a go-to choice for those who appreciate a blend of wellness and luxury.

    Benefits of Herbal Cigarettes

    Herbal cigarettes have gained popularity for several reasons. Here are the top benefits:

    1. Nicotine-Free:
      One of the biggest advantages of herbal cigarettes is that they are nicotine-free. Nicotine is the substance responsible for addiction to traditional cigarettes. By eliminating nicotine, herbal cigarettes help avoid the cycle of addiction, making it easier for smokers to cut back or quit entirely.
    2. Natural Ingredients:
      Herbal cigarettes use natural, plant-based ingredients. These include herbs like tulsi (holy basil), mint, and clove, which are known for their therapeutic properties. The absence of synthetic chemicals commonly found in tobacco products makes herbal cigarettes a more appealing option for health-conscious consumers.
    3. Support for Smoking Cessation:
      Many smokers use herbal cigarettes as a transitional tool when they’re trying to quit. Since they mimic the physical experience of smoking, herbal cigarettes can help manage the psychological and habitual aspects of smoking without the harmful effects of nicotine.
    4. Calming Effects:
      Certain herbal blends are known for their calming and relaxing effects. Herbs like tulsi, lavender, and rose petals can help reduce stress and promote relaxation, making them a soothing alternative to traditional cigarettes.
    5. Fewer Harmful Chemicals:
      Unlike traditional cigarettes, herbal cigarettes do not contain the harmful chemicals associated with tobacco, such as tar, formaldehyde, or carbon monoxide. This makes them a less toxic option, although inhaling any smoke is still not without risk.

    Ingredients of Herbal Cigarettes

    The key to herbal cigarettes lies in their natural ingredients. These are selected not only for their flavor but also for their potential health benefits. Some of the most common ingredients include:

    • Tulsi (Holy Basil): Known for its medicinal properties, tulsi is often used in Ayurveda for its anti-inflammatory and detoxifying effects. When used in herbal cigarettes, it is believed to help cleanse the respiratory system.
    • Mint: Mint adds a refreshing, cooling sensation. It is often included for its ability to soothe the throat and provide a calming, pleasant aroma.
    • Clove: Clove is a powerful spice with a rich, spicy flavor. It is commonly used in herbal cigarettes for its antimicrobial properties and ability to aid in respiratory health.
    • Rose Petals: Rose petals are used for their subtle, sweet fragrance. Smoking rose petals is believed to have a calming effect on the body and mind, helping to relieve stress and anxiety.
    • Lemongrass: Often used in traditional herbal medicine, lemongrass has a refreshing citrusy scent and is known for its ability to reduce stress and aid digestion.

    These ingredients come together to create a smooth and flavorful smoking experience, without the harshness of tobacco.

    Are Herbal Cigarettes Safer?

    While herbal cigarettes are often marketed as a safer alternative, it’s important to note that no form of smoking is completely risk-free. Herbal cigarettes do not contain nicotine or the harmful chemicals found in traditional cigarettes, but inhaling any type of smoke can still have negative effects on the lungs.

    That said, herbal cigarettes can be a less harmful option for those looking to quit smoking or reduce their nicotine intake. They are free from tar, formaldehyde, and other toxins commonly found in tobacco products.

    Final Thoughts

    Herbal cigarettes are gaining traction as a natural and nicotine-free alternative to traditional smoking. Whether you’re looking to quit nicotine or simply explore new smoking options, brands like Herbal Gold, Organic Smokes, and Nirdosh offer a variety of herbal blends to suit different tastes and preferences. These top 5 herbal cigarette brands in India provide a more health-conscious approach to smoking, but as always, use with caution and mindfulness.

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    Best Toy Brands in India: From Classic Toys to AR Innovation

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (17)

    BY - Ria Duneja
    MT Editorial / 18 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (19)

    From educational and interactive toys to classic favorites, there's something to spark imagination and foster development. To do so these best toy brands in India are making significant changes. In a world where technology often dominates playtime, the timeless joy of traditional toys remains unparalleled. India, with its rich cultural heritage, has a thriving toy industry that offers a diverse range of options for children of all ages. Whether you're looking for toys that inspire creativity, promote learning, or simply provide hours of fun, this guide will help you find the perfect options for your little ones.

    India's toy market is predicted to increase at a rate of 10.6 percent per year to reach $4.4 billion by 2032 from its estimated $1.7 billion in 2023.

    Innovation By Leading Toy Brands in India

    • Ride-on toys include safety features like remote parental control and speed controls.
    • Certain toys are intended to teach children self-awareness, self-control, and emotional regulation.
    • Certain toys may be made interactive by using augmented reality (AR).
    • In order to lessen the influence on the environment, toys are now produced using energy-efficient batteries and sustainable materials.

    Best Toy Brands in India

    Here is a curated list of the best toy brands in India, select the one that best meets your needs.

    1. Hamleys

    Hamleys is one of the best toy brands in India. Reliance Retail is the owner of the British international toy store Hamleys of London Limited. Established by William Hamley as "Noah's Ark" in High Holborn, London, in 1760, it is recognized as the world's oldest toy store and is included in the Guinness Book of Records. Every store gives adults the unique opportunity to relive their childhood and gives kids a fantastic experience. Engage with their favorite toy characters, play with toys, and watch live toy demonstrations. It offers a variety of toys for a wide age group of children. From 0-8 months to 12 plus.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (20)

    Variety of Innovative Toys by Hamleys

    • Toy and games
    • Sports and outdoor
    • Ride-ons and cycles
    • Gadgets
    • Books
    1. LEGO

    Standing second in the list, LEGO is a leading toy brand in India. The first LEGO bricks were created in Ole Kirk Christiansen's studio in Billund, Denmark. Christiansen started manufacturing wooden toys in 1932. People may construct whatever they can think of using Legos, from basic patterns to intricate constructions. Children may improve their hand-eye coordination, attention, problem-solving abilities, fine motor skills, and teamwork using Legos.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (21)

    Popular LEGO Sets

    • JAWS
    • EVE & WALL.E
    • Hokusai – The Great Wave
    • The Insect Collection
    • Avengers Tower
    • LEGO Titanic
    1. Hot Wheels

    One of the best toy brands in India. In 1968, Mattel co-founder Elliot Handler released Hot Wheels as a rival to the English Matchbox brand. With its minimal friction axles and thick plastic wheels, Hot Wheels are meant to resemble little muscle cars. Their torsion-bar suspension, which provides stress absorption and wheel bouncing, is part of their built-for-speed design. The 16 muscle models that were initially painted with candy colors and Spectraflame included Camaros, Corvettes, and Firebirds. Fashion, lifestyle, and automobile businesses have teamed with Hot Wheels.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (22)

    Some of the Exclusive Toys by Hot Wheels

    • Exclusives Hot Wheels Marvel Avengers Falcon Combat Medic - Yellow / Red
    • Exclusives Hot Wheels Marvel The Avengers 3D-Livery - Silver - 2017 Card
    • Exclusives Hot Wheels Premium Jurassic World Mercedes-Benz Unimog U 1300 L - Grey
    • Exclusives Hot Wheels Peanuts Soda Popper - Blue / Green
    1. Funskool

    Leading toy brand in India, Funskool is renowned for both the high caliber of its products and for helping to improve the nation's standards for toy production. It has contributed to improving the quality of toy production and distribution in India. The brand focuses on supporting children in the development of their sensory, motor, and cognitive skills while inspiring, engaging, and entertaining them.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (23)

    Funskool Produces a Range of Goods, such as:

    • Fundough

    a non-toxic clay kit appropriate for kids three years old and older. The smooth, colorful clay can aid children in learning to recognize colors and enhance their creating abilities.

    • Braiding toolkit

    a kit that allows youngsters to build headbands and keychains out of foam braiding tools and colorful cords.

    • Push and Crawl Monkey

    a crawling toy intended for infants. It has two play modes: crawling and pursuing, as well as a boomerang effect.

    • My Clock

    An instructional clock composed of printed wooden shapes with numerals. Kids may learn about time, counting, shapes, and colors with the aid of the clock.

    1. Skillmatics

    An scientifically tested toy brand. Skillmatics makes educational products for kids and families. Its goods are made to foster in kids the ability to think critically, solve problems, and use their imaginations. They have international team of educators and game designers who creates award-winning products with the goal of fulfilling learn-through-play promise. It priorities lifespan, sustainability, safety, ease of use, and most importantly, healthy learning enjoyment.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (24)

    Best Selling Toys by Skillmatics

    • Entrepreneurship and Business Strategy Game
    • Unicorn & Princesses Themed No Mess Art Kit
    • Rock Painting Kit | Mess-Free Art & Craft Activity
    • Jungle Themed Interactive Soft Cloth Book
    1. Playshifu

    Leading AR toy brand, PlayShifu is transforming the world of the future by giving children engaging play experiences that teach them lessons in the present. In 2016, two new dads and longtime friends began expanding on a vision to give screen time greater purpose and to acquire more empathy for Gen Alpha. With 16 items, kids 4–12 years old may acquire STEAM and other fundamental skills like geography, engineering, and critical thinking in addition to unique tactile play experiences.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (25)

    Some of the Best Selling Products by Playshifu

    • AR Flashcards: Learn spelling, expand your vocabulary, and more with these interactive 3D models. They don't require third-party advertising or in-app purchases, nor do they require a Wi-Fi connection.
    • Orboot Earth: This multi-award winning teaching globe includes an app with details on animals, landmarks, civilizations, and more, along with a travel pack. For children aged 4 to 10, it is intended.
    • Shifu Galaxy: This 3D augmented reality game includes a tab stand and twenty flash cards.
    • Plugo Link: Children can create, balance, and build with this toy.
    • Magnetic building blocks: STEM puzzles may be solved using these bricks.
    1. Toyshine

    Toyshine one of the best toy brand in India. With a huge selection of toys for all kids and everyone who is a kid at heart. When the firm first started out, it was an internet retailer where Indian consumers could purchase carefully chosen toys from around the globe. It prioritize the safety, longevity, and quality of our products. Their products go through rigorous quality inspections to make sure kids can play with them safely. For example, the smallest details, pretend play sets the highest care, and the goods are made with smooth, rounded edges to prevent kids from accidentally injuring themselves.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (26)

    Toyshine offers a range of toys for kids, such as:

    • Play sets for pretend

    A range of smooth-edged pretend play sets are available from Toyshine.

    • Remote-control automobiles

    Remote-control automobiles from Lamborghini, Mercedes, Porsche, and Bugatti are available at Toyshine.

    • Wooden toys

    Rocking horses, Montessori boxes, and categorization boxes are among the wooden toys available at Toyshine.

    Final Thought

    India’s toy industry is undergoing a transformative journey, blending tradition with innovation to offer children enriching play experiences. From toys that spark creativity to those that foster learning and development, the variety available caters to the diverse needs of growing minds. With sustainability and technology playing increasingly important roles, toys are evolving to be more interactive, environmentally friendly, and beneficial for a child’s emotional and cognitive development.

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    Retail: Looking Back, Looking At The Present And The Next

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (27)

    BY - Guest author
    / 12 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (29)

    A report by PwC India states that Seismic changes and shifting consumer behavior have redefined the Indian retail and consumer (R&C) sector in the past few years. The sector is estimated to exceed $2 trillion in the next decade, growing at a long term CAGR of 1.5X to 2X of real GDP growth. And according to Kearney, India’s retail industry is projected to grow at a slower pace of 9 percent over this decade, from $779 billion in 2019 to $1,407 billion by 2026 and more than $1.8 trillion by 2030. We have come a long way from only being able to purchase at a brick-and-mortar one-off location to now having the same brand 2 km away from your house physically and a click away digitally. Let’s go through the timeline where we look back to where we were, where we are now and what is expected.

    2000 - 2010 - 2020 And The Present:

    2000 - Retail in 2000 was known as the unorganized era. All sales were driven by mom-and-pop stores, the ones that were most popular in a specific location or region. Remember that renowned saree store your Aunt had to shop at every time she visited you? That was retail in 2000 for you for close to a decade.

    2010 - It was in 2010 that the market began to move toward being organized, with the growth in the number of startups, international brands stepping into the country, and e-commerce paving its way. Flipkart was working hard towards building this segment, and the launch of Amazon India in 2013 helped massively support the e-commerce growth. The unorganized only partially led to being organized, but the market started to get streamlined.

    2020 to the present - 2020 is known as the era of pivots. Let me ask: How many apps do you have on your phone now compared to the ones you had pre-pandemic? We all now have at least one app each for medicines, groceries, travel, food, deliveries, fashion and, of course, your banking requirements. This is e-commerce. Let’s now speak about quick commerce. When was the last time you had your groceries delivered to you in 15 minutes? Less than a week ago, correct? This is the present era of retail, and with its evolving pace, it would not be a surprise if the market far exceeds the growth predictions for this decade.

    Driving Factors Behind Major Transitions:

    International Brands -The foray of international brands into the country has resulted in a significant and immediate shift in the retail market. Market share was divided, and competition increased, leading to a revised and more refined strategy for reaching customers, as now they have a series of brands and not just a few selected ones. This further led to a growth in offline retail with a notable increase in brick-and-mortar stores to generate more availabilities for consumers by the brands.

    E-commerce - The launch of Flipkart in 2007, followed by Snapdeal in 2010 and Amazon India in 2013, was all that was required for the retail market to build an online presence. Fast-forward to 2024, nearly two decades later; according to Statista, with a population of more than 1.4 billion and a fast-growing economy, the number of online shoppers is predicted to increase to 427 million by 2027. Consequently, the booming e-commerce industry is estimated to be worth over $300 billion by 2030.

    Demonetization - The government's demonetization initiative in 2016 helped create and grow another industry called FinTech, and the mandatory implementation of digital payment brought a huge shift in consumers’ buying patterns. An Indian consumer was given a series of secured payment options, which made him more comfortable with paying and buying online, and this continues to this day.

    COVID-Pandemic - Although this was five years ago, it still feels like the pandemic was just yesterday. To retain and attract new consumers, brands had to introduce a series of privileges for online purchases. The no-exchange, no-return policy was changed into a 30-day exchange and a complete refund for returns. Significant discounts were offered; you also have the buy two and get one free offer with more EMI options; if you are a privileged consumer, you get a better discount with a few additional services. After nearly five years, consumers still enjoy these privileges, helping online retail maintain and grow their momentum.

    With the above factors shaping the retail industry, the current vision and planning are centered around omnichannel retailing. This approach emphasizes providing a seamless shopping experience across all channels, including physical stores, online platforms, and mobile apps. The integration of more stores, malls, and e-commerce platforms is broadening brands' outreach, thereby enhancing the overall shopping experience for consumers.

    How To Build Your Brand’s Niche?

    Omnipresence - Have a robust omnipresence. Online retail will help you begin, but the consumers who strongly believe in experiential buying will look for you offline; they would want to come and experience the product in person. Also. While being online, if your product is quick-commerce savvy, leverage it as early as possible, it is destined to be a game changer in the near future

    Consumer Experience - The right consumer experience is not just a strategy, it's a commitment. It will ultimately result in consumer retention and loyalty. Ensure your CX team is aligned with how your brand wants your consumers to feel about it. This needs to be a human experience. After all, how many of us these days like speaking to an AI bot?

    Brand Story - Have a brand messaging that describes your brand only in one statement, which is your promise to your consumer. We all know which brands today stand tall for their promises, may it be the best camera, quality, worth, perfection or even simple driving experience

    Technology - Invest in technology infrastructure to support omnichannel operations, including inventory management systems, online ordering platforms, and mobile payment solutions. This will also help you leverage the online data and utilize it in a better way to give your brand an edge over others

    What Is Expected And What To Do Next:

    • Consumers now expect seamless and smooth experiences across online and offline channels, preferring retailers that offer flexibility in how they shop and interact with brands
    • Consumers seek personalized recommendations and offers, both online and in-store, as retailers leverage data to tailor their marketing and product offerings
    • Consumers have developed stronger loyalty towards brands with a physical presence, perceiving them as more trustworthy and established compared to online-only counterparts. However, retailers that adapt effectively will also build strong bonds with consumers over time
    • Integrating social commerce elements into offline retail spaces, such as interactive displays or in-store events, may influence consumer purchasing decisions, blurring the lines between online and offline shopping experiences

    Finally, as per Deloitte, India is amongst the top five retail markets and is expected to be the world's third-largest consumer market by 2030, trailing only behind China and the US. The market’s growth trajectory over the last two and a half decades speaks volumes. This decade, where we are still only in 2024, has experienced more shifts than the two before, and this looks like this is just the beginning.

    Authored By

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (30)

    Ish*t Jethwa, Founder, Ludic

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    India's $21 Bn Beauty & Personal Care Market Poised for 11 pc Growth in 5 Yrs

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (31)

    BY - Vaishnavi Gupta
    Assistant Editor, IndianRetailer.com & Retailer Media / 11 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (33)

    India’s beauty industry, now the world’s fourth-largest, is undergoing a significant transformation, driven by rapid changes in consumer preferences, the rise of digital platforms, and technological advancements. A new era of premium beauty consumption is emerging as India’s young population and non-metro cities expand their beauty vocabularies and shopping habits.

    Anil Kumar, CEO of Redseer Strategy Consultants, noted that the beauty and personal care market, valued at $21 billion, is set to grow at 10-11 percent CAGR over the next five years. This expansion will be fueled by e-commerce, which is expected to grow at a 25 percent annual rate. Social media platforms, used by over 500 million Indians, are playing a significant role in democratizing beauty knowledge, enabling consumers to make informed choices. As Kumar put it, "Brands that embrace this evolution, leveraging omnichannel strategies and innovative offerings, will not only thrive but will shape the future of beauty in India."

    These shifts are explored in-depth in the recently unveiled Nykaa Beauty Trends Report, a collaborative study between Nykaa, India’s leading beauty retailer, and Redseer Strategy Consultants. The report highlights nine trends that are shaping the future of India’s beauty landscape, offering valuable insights into how brands can successfully navigate this dynamic market. As more global beauty brands enter India and consumer aspirations continue to evolve, businesses must innovate and adapt to meet the growing demand for premium products. Anchit Nayar, Executive Director and CEO of Nykaa Beauty believes that India’s beauty market is on the verge of extraordinary growth. "Nykaa remains committed to leading this transformation by democratizing access to the world's best beauty brands," said Nayar.

    The Rise of Premium Beauty Consumption

    One of the report’s key takeaways is the rise in premium beauty consumption, which is rapidly reshaping the industry. More Indian consumers are turning to high-quality, research-driven beauty products, seeking effective solutions and exclusive brand experiences. This shift is being driven by several factors, including the increase in discretionary spending, the growth of dual-income households, and greater access to global beauty brands. Nykaa, with over 3,600 brands in its portfolio, has been instrumental in making premium beauty more accessible across India.

    As consumers increasingly seek premium products, they are also building more sophisticated beauty routines. This phenomenon, dubbed “Stepification” in the report, refers to the adoption of multi-step skincare and beauty regimes that incorporate a variety of products, from cleansers to serums and sunscreens. This has expanded the beauty basket, encouraging consumers to explore innovative and niche beauty solutions tailored to their specific needs.

    Gen Z and Millennials Lead the Charge

    India’s younger generations, particularly Gen Z and millennials, are at the forefront of the beauty industry’s transformation. These demographics represent 28-30 percent of India’s population and are using beauty as a means of self-expression. They are adopting bold new trends and prioritizing skincare over traditional beauty products, reflecting their proactive approach to personal care. This cohort’s digital savviness also makes them prime consumers for brands that leverage social media platforms to engage and educate.

    Nykaa has played a pivotal role in shaping the beauty habits of these digital natives, using its content ecosystem and educational campaigns to connect with younger consumers. By offering tutorials, reviews, and expert advice, Nykaa empowers Gen Z and millennials to make informed choices and experiment with new products. The retailer’s omnichannel approach, which includes over 200 physical stores and its Nykaa Superstore e-B2B platform, ensures that these consumers have easy access to a wide range of beauty products.

    Beyond Metros

    Another significant trend identified in the report is the increasing importance of non-metro cities in driving beauty consumption. These cities are experiencing rising incomes and growing aspirations, leading to a boom in beauty spending. In response, beauty brands are expanding their physical retail presence in these regions, making premium and innovative beauty products more accessible.

    Nykaa, with its extensive network of stores and online platforms, has been able to tap into this demand, offering consumers in non-metro cities access to global and homegrown beauty brands. The report highlights that non-metro markets are expected to play a pivotal role in the industry’s future growth, as beauty consumption continues to expand beyond traditional urban centers.

    The Rise of Homegrown Beauty Brands

    While global beauty brands are making their mark in India, homegrown brands are also gaining traction across various price points and categories. Many of these brands have secured venture capital funding, allowing them to innovate and scale. However, only a few have truly managed to stand out in this competitive landscape.

    Successful homegrown beauty brands have differentiated themselves by offering unique products and formats tailored to Indian consumers’ preferences. Others are exploring partnerships and new investments to fuel their growth. As the market continues to evolve, homegrown brands will play a crucial role in shaping the future of India’s beauty industry.

    Influencer Marketing and New Platforms

    The beauty industry is increasingly relying on influencer marketing to reach consumers. Brands are shifting their spending towards digital platforms, leveraging influencers to engage with different audiences. Social media has become a key tool for beauty brands, allowing them to build direct relationships with consumers and showcase their products in creative and authentic ways.

    At the same time, new platforms and channels are emerging, offering brands more opportunities to connect with their target audiences. Whether through short-form videos, interactive content, or virtual beauty consultations, brands are using digital innovations to enhance the customer experience.

    Ingredient-Focused Beauty and the Rise of Skinification

    Ingredients have become a crucial factor in consumers’ beauty decisions, as more people seek targeted solutions for specific skin concerns. The trend toward “skinification,” where skincare principles are applied to other beauty categories like haircare and makeup, is driving innovation across the industry. Consumers are increasingly looking for products that address their individual needs, whether it’s hydration, anti-aging, or acne treatment.

    This shift towards ingredient-focused beauty reflects a growing demand for transparency and efficacy in beauty products. Brands that can offer clear, research-backed solutions are more likely to resonate with today’s informed and discerning consumers.

    The Microtrend Revolution

    Microtrends, often influenced by celebrities and social media, are reshaping the beauty industry at a rapid pace. These short-lived trends, such as specific makeup techniques or skincare routines, require brands to be agile and responsive. To capitalize on these trends, brands must adopt flexible manufacturing processes that allow them to quickly produce and market new products.

    For younger consumers, who are constantly on the lookout for the next big trend, brands that can keep up with this fast-paced environment are more likely to succeed.

    The Role of Technology in Beauty

    Technology is transforming the beauty landscape, from AI-powered personalization to seamless shopping experiences. Brands are using data and algorithms to offer tailored product recommendations, enhancing customer satisfaction and loyalty. Additionally, advancements in supply chain management are enabling faster and more efficient product deliveries, further improving the overall customer experience.

    As the beauty industry continues to evolve, technology will play an increasingly important role in shaping its future.

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    India’s Retail Sector Prepares for a Blockbuster 2024

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (34)

    BY - Aritra Ghosh
    Features Writer, IndianRetailer.com & Retailer Media / 12 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (36)

    As the much-awaited festive season approaches, a palpable sense of excitement fills the air. E-commerce platforms, retailers, and consumers alike are gearing up for what promises to be a pivotal period in India’s retail landscape. With new beginnings, joyful moments, and a surge in gift-giving, the festive spirit is undeniably present. Yet, beyond celebration, the festive season is also a powerful economic driver.

    After navigating through macroeconomic challenges, the nation is emerging stronger and more resilient. Businesses are bouncing back, and consumer confidence is rising, setting the stage for unprecedented growth. As this year's festive season draws near, a data-driven examination reveals why experts expect it to be a beacon of consumption revival.

    A Festive Boom in Consumer Spending

    A recent report by Redseer highlights the trends driving this optimistic outlook. The first two quarters of FY 23 saw an abnormal spike in private final consumption expenditure (PFCE) due to a low base effect. However, PFCE growth remained sluggish over the next seven quarters, impacted by high food prices and inflation that hit rural consumers hardest. Job cuts and slow income growth further delayed discretionary spending among the urban middle class.

    Despite these challenges, the upcoming festive season promises a consumption recovery, with real PFCE projected to pick up in the second half of the fiscal year. Consumer spending is expected to soar as inflation eases, disposable incomes rise, and pent-up demand is released.

    As Ravi Kabra, Co-Founder of Skippi, highlights, “This festive season is witnessing an unprecedented surge in consumer spending, reflecting the nation's resilient and optimistic economic outlook. According to recent data from the Confederation of Indian Industry (CII), consumer spending during this festive season is projected to exceed Rs 1.5 trillion, marking a 22 percent increase from the previous year. This significant uptick is driven by a combination of pent-up demand, increased disposable income, and robust economic recovery post-pandemic.”

    Consumer Confidence on the Rise

    Consumer confidence is a crucial indicator of market sentiment. According to the Consumer Confidence Index (CCI) published by RBI and analyzed in the report, the index is nearing its highest point since January 2023. This surge in confidence is fueled by inflationary corrections, decreasing food prices, and optimistic forecasts for rural wages.

    As rural incomes increase and an above-average monsoon is expected, rural consumption is set to grow significantly. There’s excitement surrounding the government's budget aimed at improving cash flow and boosting consumer spending.

    Jyoti Bharadwaj, Founder of TeaFit, echoes this sentiment, “India's festive season in 2024 is expected to see a notable increase in consumer spending, with growth estimated between 10-12 percent from the previous year. As the festive season progresses, online platforms are projected to become central, accounting for more than 40 percent of the total expenditure. This digital transition, driven by improved e-commerce infrastructure and targeted promotions, highlights a growing consumer inclination towards convenience and diverse options.”

    E-commerce: A Bright Spot in Retail

    E-commerce has consistently shown growth, and this year is expected to outperform last year’s festive sales. According to the report, e-commerce gross merchandise value (GMV) is predicted to grow at least 20 percent, up from 13 percent during the festive period of 2023. This surge is driven by the demand for convenience, regional products, and quicker delivery times.

    Avneet Singh Marwah, CEO of SPPL, Exclusive Brand Licensee of Blaupunkt TV in India, offers insight into the sector's readiness to meet this demand, “To address the anticipated rise in consumer demand for the upcoming festive season, we have significantly increased our production capacity by 30-40 percent. Our operations are running at full capacity to meet this surge. While the broader television industry is projected to grow by 15-20 percent, we expect a 30 percent growth in our segment during this period.”

    The report further emphasizes the role of premiumization, especially among affluent consumers who prioritize quality and experiences. Platforms are advised to tap into this trend by offering premium products at competitive prices and improving delivery logistics to keep up with consumer expectations.

    Rural and Urban Dynamics

    The rural segment will play a pivotal role in driving growth this festive season. As mentioned in the report, rural consumption grew by 5-6 percent faster than urban consumption, which saw a 6 percent decline in the January to March 2024 period. This shift is expected to continue as rural incomes rise and government initiatives stimulate spending.

    Bharadwaj adds, “Equally significant is the contribution of rural areas, which are set to account for nearly 35 percent of the overall festive sales. This uptick is supported by favorable monsoon forecasts and government initiatives aimed at enhancing rural income levels. The convergence of these factors highlights a balanced growth trajectory, with both urban and rural consumers actively participating in the season's economic activities.”

    Brands Gear Up for a Prosperous Season

    Leading brands are already positioning themselves to capitalize on this consumer sentiment. A large consumer electronics brand confirmed, “H2 will be much better than H1. We will see higher discounts this festive season, as we want to maintain the growth run rate. Especially in the masstige and premium segments.”

    Similarly, a large FMCG conglomerate shared, “We are optimistic that with the expected normal monsoons and improving macroeconomic indicators government spending, lower inflation, demand will see a gradual uptick.”

    The focus is clear: brands across the spectrum are gearing up to meet the rise in consumer demand. Value retailers are expected to benefit, while premium segments continue to thrive. Analysts point out that rural consumers, buoyed by improved wages and positive agricultural forecasts, will contribute significantly to sales, while urban consumers, recovering from last year’s job cuts, will drive growth in premium categories.

    Strategies for Success

    To make the most of the festive boom, e-commerce platforms and retailers are advised to double down on regional products, optimize deliveries, and tap into the premiumization trend. With quick commerce platforms gaining traction, faster delivery options during the festive season will be key to meeting consumer demand.

    As Kabra notes, “Retailers and brands are capitalizing on this trend by offering exclusive festive deals and limited-edition products, aiming to capture the growing appetite for premium goods and experiences.”

    Key Highlights of Festive 2024

    • Consumer Spending: Expected to exceed Rs 1.5 trillion, marking a 22 percent increase from last year.
    • Rural Consumption: Set to account for 35 percent of overall festive sales, boosted by favorable monsoons and government initiatives.
    • E-commerce Growth: Projected to see at least 20 percent growth in GMV during the festive period, up from 13 percent in 2023.
    • Premiumization: A growing trend, particularly among affluent consumers, with value retailers also expected to perform well.
    • Online Platforms: Expected to account for 40 percent of total expenditure as digital infrastructure improves.

    A Season of Opportunity

    With rising consumer confidence, robust e-commerce growth, and a strong rural contribution, the 2024 festive season is shaping up to be a period of vibrant economic activity. For brands and retailers, this season presents a unique opportunity to align their strategies with evolving consumer preferences and unlock unprecedented growth.

    As Marwah concludes, “Our expanded production and targeted promotions are designed to effectively meet this demand. We are confident that our approach will not only meet but exceed customer expectations for a successful festive season.”

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    Best Diwali Gifting Ideas for Employees: Delight Your Team with Thoughtful Gifts

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (37)

    BY - Sandeep Sharma
    Content Editor / 26 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (39)

    Diwali, the festival of lights, is a time for celebration, joy, and togetherness. It's also a great chance for employers to appreciate their employees with thoughtful gifts. However, selecting the perfect Diwali gift can be tough, especially when working with a budget. From affordable choices to premium options, this guide will help you find the best Diwali gifts for your team.

    We’ve divided the gifts into price ranges so you can choose the ones that suit your budget and your employees’ tastes. You can even consider these gift ideas for retail employees day also.

    Why Diwali Gifting is Important for Employees

    Giving gifts during Diwali is a wonderful way to build strong connections within your team. It’s a tradition that boosts employee morale and shows appreciation. Thoughtful gifts can:

    1. Make employees feel valued.
    2. Strengthen team relationships.
    3. Improve loyalty and retention.
    4. Create a festive and positive workplace environment.

    Whether you have a small budget or a larger one, here are the best Diwali gift ideas that will leave your employees feeling happy and appreciated.

    Diwali Gifting Ideas Under ₹300 for Employees: Thoughtful & Affordable

    You don’t have to spend a lot to show appreciation. Here are some meaningful yet budget-friendly Diwali gift ideas under ₹300.

    1. Scented Candles: A Relaxing Gift

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (40)

    Scented candles are a great way to help employees relax. They bring a calming atmosphere to any room. During Diwali, when lights and fragrances are everywhere, gifting a candle adds to the festive mood. Your employees can use them at home or in their workspace to feel more at ease.


    2. Handcrafted Diyas: Traditional and Festive

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (41)

    Diyas are an important part of Diwali, symbolizing the victory of light over darkness. Handcrafted diyas are a beautiful and traditional gift that connects employees to the spirit of the festival. These decorative pieces can brighten their homes and serve as a reminder of the Diwali celebrations.


    3. Mini Succulents: Green and Low Maintenance

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (42)

    Mini succulents are easy-to-care-for plants that employees can keep on their desks or at home. These small plants add a touch of greenery and brighten up any space. Succulents are also symbols of resilience and growth, making them a thoughtful and positive gift.


    4. Customized Keychains: A Personal Touch

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (43)

    A keychain with an employee’s name or an inspiring quote is a small but meaningful gift. It’s something employees will use daily and can keep with them. Adding personalization makes the gift more special, showing that you’ve put thought into it.


    5. Dry Fruit Pouches: A Healthy and Festive Option

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    Dry fruits are traditional Diwali gifts that symbolize prosperity and good health. A pouch of almonds, cashews, or mixed nuts is not only delicious but also a healthy snack. It’s a simple yet thoughtful gift for employees during the festive season.

    Diwali Gifts Under ₹500 for Employees: More Value for Your Money

    With a budget under ₹500, you can choose gifts that feel more premium while still being affordable. Here are some great options.


    1. Personalized Mugs: A Useful and Memorable Gift

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (45)

    Mugs are a gift that employees can use every day, whether at work or home. Adding their name or a motivational quote makes it even more special. It’s a simple gift, but it can have a big impact since they will see it and use it regularly.


    2. Desk Calendars: Stay Organized in Style

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    A stylish desk calendar is both practical and decorative. It helps employees stay organized while adding something attractive to their workspace. Employees will appreciate this gift throughout the year as it helps them plan ahead.


    3. Assorted Tea Gift Packs: A Calming Treat

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    A gift pack with different teas is a relaxing and thoughtful option. Herbal or flavored teas like green tea, chamomile, or masala chai give employees a chance to take a break and unwind. It’s a gift that promotes health and relaxation.


    4. Phone Stands: A Convenient Desk Accessory

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    A phone stand is a simple yet very practical gift. Employees can use it to keep their phones propped up during meetings, calls, or while working. It’s a helpful tool that will be used daily, making it a great option.


    5. Chocolates and Sweets Hampers: A Festive Favorite

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    Diwali wouldn’t be the same without sweets. A hamper of chocolates or traditional Indian sweets is always a hit during the festive season. It’s a delightful treat that employees can share with their families.

    Diwali Gifts Under ₹1000 for Employees: Premium Choices to Impress

    A budget of ₹1000 allows you to pick more premium gifts that make a strong impression. Here are some thoughtful options.


    1. Bluetooth Earphones: Modern and Practical

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    Bluetooth earphones are a fantastic gift in today’s world of virtual meetings and remote work. Employees can use them for calls, meetings, or just listening to music. This gift is both practical and tech-savvy, making it a favorite for many.


    2. Leather Wallets: Classic and Durable

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    A high-quality leather wallet is a classy gift that employees can use every day. It’s stylish and long-lasting, making it a practical and thoughtful gift. Employees will appreciate the touch of elegance in this everyday essential.


    3. Power Banks: Stay Connected Anytime

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    A power bank is an essential gadget that ensures employees never run out of battery on their phones or devices. It’s a highly practical gift that shows you understand their busy lives and want to help them stay connected.


    4. Essential Oil Sets: Promote Relaxation

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    Essential oils help create a calming atmosphere. Gifting a set with oils like lavender or eucalyptus is a great way to promote relaxation. Employees can use these at home to unwind after a busy day, making this a thoughtful and caring gift.


    5. Travel Organizers: Keep Everything in Place

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    A travel organizer helps employees keep their gadgets, cables, and accessories neatly packed. This gift is perfect for those who travel frequently. It’s practical, stylish, and something they’ll find useful for years to come.

    Executive Diwali Gifts for Employees (Under ₹1500): Show Your Appreciation with Style

    When you want to invest a little more in your gifts, these options under ₹1500 combine elegance with practicality.


    1. Portable Bluetooth Speakers: Music on the Go

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    Bluetooth speakers are great for employees who love music. These portable speakers offer high-quality sound in a compact package. It’s a gift they can enjoy at home, outdoors, or even during small gatherings.


    2. Smart Plugs: A Tech-Savvy Gift

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    Smart plugs allow employees to control home appliances remotely. These tech-friendly devices make life easier and more convenient. It’s a modern, thoughtful gift that shows you care about bringing technology and ease into their daily lives.


    3. Customized Desk Clocks: Elegant and Useful

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    A customized desk clock adds a personal and decorative touch to an employee’s workspace. It’s both functional and elegant, serving as a constant reminder of your appreciation.


    4. Gourmet Food Baskets: A Luxurious Treat

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    Gourmet food baskets filled with premium snacks, chocolates, and dry fruits are a luxurious gift for Diwali. It’s a rich and indulgent option that employees can share with their families, adding to the festive joy.


    5. Office Bags or Laptop Sleeves: Professional and Practical

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    A high-quality office bag or laptop sleeve is a great gift for employees who travel for work or bring their laptops everywhere. It’s stylish and functional, offering protection for their devices while looking professional.

    High-End Diwali Gifts For Employees (Under ₹2000): Luxury with a Purpose

    If you want to splurge a bit more, these high-end gifts under ₹2000 offer a blend of luxury and utility.


    1. Noise-Canceling Headphones: Block Out Distractions

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    Noise-canceling headphones are perfect for employees who work in noisy environments or need focus. They help block out distractions and create a peaceful workspace, making this a highly appreciated gift.


    2. Tabletop Air Purifiers: Fresh Air for Health

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    A tabletop air purifier helps employees breathe clean, fresh air. This gift shows that you care about their health and well-being, making it a thoughtful and practical choice, especially in today’s world.


    3. Leather Journals: Encourage Creativity

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    A premium leather journal is an ideal gift for employees who enjoy writing or organizing their thoughts. It’s a stylish, practical, and personal item that they can carry with them anywhere.


    4. Coffee Makers: For the Coffee Lovers

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    A small coffee maker is a delightful gift for employees who enjoy brewing their own coffee. It adds convenience and luxury to their daily routine, making it a thoughtful and useful gift.


    5. Personalized Nameplates: Add a Professional Touch

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    A custom desk nameplate is a unique and personal gift that employees can use at work or home. It’s a professional yet thoughtful gesture that adds a personal touch to their workspace.

    Luxury Diwali Gifts (₹3000 - ₹5000): For the Ultimate Reward

    For those looking to give something truly special, these luxury options under ₹5000 offer the best in technology, style, and functionality.


    1. Smartwatches: Track Health and Stay Connected

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    A smartwatch is an excellent gift for employees who like to stay active and organized. It helps track fitness goals, provides notifications, and looks stylish. This high-tech gift shows that you care about their health and well-being.


    2. Portable Projectors: For Entertainment Anywhere

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (66)


    A portable projector is perfect for employees who love movies or need it for presentations. It’s a premium gift that can be used both for work and leisure, making it a versatile and enjoyable option.


    3. Luxury Scented Candle Sets: Set the Mood

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (67)


    A luxury candle set with beautifully designed packaging adds elegance to any space. These candles are perfect for creating a relaxing atmosphere during Diwali and beyond.


    4. Wireless Charging Pads: Convenient and Sleek

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (68)


    Wireless charging pads make it easy to keep devices charged without the hassle of cords. This sleek, modern gift is perfect for tech lovers who value convenience and efficiency.


    5. Designer Home Decor: Beautify Their Space

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (69)


    Designer home decor, like elegant showpieces or decorative fountains, adds style and beauty to an employee’s home. This gift is both unique and luxurious, making it an ideal choice for those who appreciate aesthetics.

    Conclusion

    Diwali is the perfect opportunity to show your appreciation to your employees. Whether you have a small budget or are ready to splurge, choosing the right gifts can make your team feel valued and special. These thoughtful and practical gifts will leave a lasting impression and create a positive, motivated workplace ready to shine as brightly as the Diwali lights.

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    10 Best White Wine Brands in India: A Comprehensive Guide

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (70)

    BY - Saptopriya Ghosal
    Junior Writer / 19 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (72)

    White wine is becoming increasingly popular in India as more people discover its refreshing taste and versatility in pairing with Indian cuisine. Whether you're an experienced wine enthusiast or just beginning to explore, this article highlights the top 10 white wine brands available in India, offering a range of options for every taste and budget.

    Overview and History of White Wine

    White wine, known for its light, crisp flavors, is primarily made from green-skinned grapes, although some varieties use red or black grapes with minimal skin contact. The earliest records of wine production date back to ancient times in regions such as the Middle East and Europe, where wine was often used in religious rituals and celebrations.

    Today, white wine is enjoyed globally, with notable production hubs in France, Italy, Australia, the USA, and even India. Popular types of white wine include Chardonnay, Sauvignon Blanc, Riesling, Chenin Blanc, and Pinot Grigio, each offering unique flavor profiles ranging from sweet to dry and fruity to mineral-rich.

    In India, wine production is relatively new, but with brands like Sula Vineyards and Fratelli Wines leading the charge, the industry has seen rapid growth. White wine, in particular, has gained popularity due to its suitability for India’s warm climate and its ability to pair well with a variety of spicy and flavorful Indian dishes.

    The Process of Tasting White Wine

    Tasting white wine is an art, and there’s more to it than just sipping. To truly appreciate the complexity of a good wine, follow these five steps:

    1. Look

    Pour the wine into a glass and examine its color. White wines can range from pale straw to deep golden hues. The color can provide clues about the wine’s age and grape variety. Lighter colors often indicate younger wines, while darker tones may suggest oak aging or a fuller-bodied wine.

    2. Swirl

    Gently swirl the wine in your glass to aerate it. This releases the wine's aromas, making it easier to detect its scent. Observing how the wine clings to the sides of the glass (known as legs) can also indicate its alcohol content.

    3. Smell

    Take a moment to inhale the wine’s aroma, also known as its “nose.” White wines typically exhibit fruity, floral, or mineral notes, depending on the variety. For example, Sauvignon Blanc might smell like citrus or green apples, while a Riesling may have floral or honeyed aromas.

    4. Sip

    Take a small sip and let the wine roll over your palate. Notice the flavors and textures—whether the wine is sweet, dry, acidic, or balanced. Each variety of white wine offers unique characteristics, from the bright acidity of a Sauvignon Blanc to the creamy texture of a Chardonnay.

    5. Savor

    Finally, savor the aftertaste or “finish.” A good white wine should leave a lasting impression, whether it’s a refreshing citrusy zing or a smooth, lingering richness.

    Top 10 White Wine Brands in India

    Here’s a closer look at the best white wine brands available in India, showcasing both local favorites and international labels.

    1. Sula Vineyards

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    • Best-Selling Varieties: Sula Sauvignon Blanc, Sula Chenin Blanc

    Sula Vineyards is India's most recognized wine brand, with its Sauvignon Blanc leading the charge in terms of popularity. Offering a zesty and refreshing flavor, it is a great choice for beginners and wine aficionados alike. The brand also offers a range of white wines suited for pairing with both light and heavy Indian dishes, making it a versatile option for all kinds of meals. Sula’s vineyards in Nashik produce some of the best white wines, making it a top choice for those looking to explore Indian wines.

    2. Fratelli Wines

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    • Best-Selling Varieties: Fratelli Vitae Chardonnay, Fratelli Chenin Blanc

    Fratelli Wines is an acclaimed Indian brand known for its premium wines. Their Vitae Chardonnay offers a rich, buttery profile that’s perfect for pairing with creamy dishes, while the Chenin Blanc is lighter and more floral. The brand prides itself on its collaboration with Italian winemakers, ensuring high standards of production and taste. With a focus on quality, Fratelli has established itself as one of the leading producers of both red and white wines in the country.

    3. York Winery

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    • Best-Selling Varieties: York Sauvignon Blanc

    York Winery, located in Nashik, is famous for its crisp Sauvignon Blanc, which pairs perfectly with light Indian appetizers. This family-run winery produces wines with a focus on quality and sustainability, using grapes from their own vineyards. Their Sauvignon Blanc is crisp and aromatic, making it perfect for those who enjoy lighter, refreshing wines. York Winery is also known for using sustainable farming practices, adding an eco-conscious appeal to its products.

    4. Grover Zampa

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (76)

    • Best-Selling Varieties: Grover Art Collection Sauvignon Blanc

    Grover Zampa’s Sauvignon Blanc is a hit for those looking for a wine with tropical fruit flavors and a refreshing finish. Its acidic nature pairs well with spicy Indian food, making it a versatile option.Grover Zampa is one of India’s oldest and most prestigious wineries, with decades of winemaking expertise. Their focus on traditional winemaking methods combined with modern techniques has helped them produce award-winning wines consistently.

    5. Chandon India

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (77)

    • Best-Selling Varieties: Chandon Brut

    Known for its sparkling wines, Chandon India offers the Chandon Brut, which is perfect for celebrations and special occasions. Its fruity and floral notes make it an excellent companion to seafood and light salads. As a part of the renowned Moët & Chandon family, this brand brings international expertise to the Indian market, offering world-class quality. Chandon’s presence in India has elevated the country’s wine scene by introducing luxurious sparkling wines at competitive prices.

    6. Jacob’s Creek

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (78)

    • Best-Selling Varieties: Jacob’s Creek Chardonnay

    Jacob’s Creek is a globally renowned wine brand, and their Chardonnay is a top choice for Indian wine lovers looking for international flavors at an affordable price. Its balance of melon, citrus, and oak makes it a versatile wine for a variety of dishes. Jacob’s Creek offers consistency in quality and taste, which makes it one of the best-selling imported wine brands in India. Their Chardonnay pairs beautifully with both Indian and Western cuisines.

    7. Four Seasons Wines

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    • Best-Selling Varieties: Four Seasons Chenin Blanc

    Four Seasons Wines offers a delightful Chenin Blanc, with light, fresh, and fruity notes. It’s an affordable option for casual wine drinkers, and it pairs well with Indian snacks.our Seasons is known for delivering excellent quality at an accessible price point, making it a favorite among first-time wine buyers. Their wines are crafted in the picturesque region of Baramati, Maharashtra, ensuring that every bottle reflects the region’s unique terroir.

    8. Big Banyan

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (80)

    • Best-Selling Varieties: Big Banyan Sauvignon Blanc

    Big Banyan’s Sauvignon Blanc is an emerging favorite, particularly known for its citrus flavors and crisp finish. Perfect for pairing with seafood or light Indian dishes, it’s a great value-for-money option. Based in Bangalore, Big Banyan aims to combine global winemaking techniques with Indian sensibilities, making its wines an interesting choice for those looking to support local brands. Their wine portfolio includes a diverse range of wines to suit different palates.

    9. Myra Vineyards

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    • Best-Selling Varieties: Myra Sauvignon Blanc

    Myra Vineyards is quickly establishing itself in the Indian wine scene. Their Sauvignon Blanc is bright and fruity, making it a perfect match for spicy Indian curries and seafood dishes. Despite its relatively recent establishment, the brand has gained recognition, winning a gold medal at the 2012 Indian Wine Consumer's Choice Awards (IWCCA) for Myra's Shiraz in the non-reserve Shiraz category. Myra Vineyards continues to expand its collection of award-winning white and red wines, earning a reputation for quality and enjoyment.

    10. Vallonne Vineyards Riesling

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    • Best-Selling Varieties: Vallonne Vineyards Riesling

    If you’re looking for a more exotic flavor, Vallonne Vineyards offers a delightful Riesling with floral aromas and balanced sweetness. Just a short drive from Mumbai and Pune, it's an ideal getaway. Ideal for those who enjoy a sweeter white wine that pairs well with spicy food. Vallonne is a boutique winery that emphasizes artisanal winemaking techniques, making it a favorite for wine connoisseurs. Their Riesling stands out as one of the few Indian-made wines in this category, offering a unique experience for those who appreciate the delicate sweetness in their wine.

    Final Words

    India’s white wine market offers a wide range of options, from homegrown brands like Sula and Fratelli to internationally renowned labels like Jacob’s Creek. Whether you’re in the mood for something crisp and light or rich and complex, these top 10 white wine brands provide something for every palate and occasion.

    FAQs:

    What is the best white wine for Indian cuisine?

    Sauvignon Blanc and Riesling are popular choices for pairing with Indian food due to their crisp acidity and fruity flavors.

    What is the average price of white wine in India?

    White wine in India typically ranges from ₹750 to ₹2,500 depending on the brand and variety.

    Next Story

    Discover Top 7 Luxury Chocolates Brands in India: Savor the Finest

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (83)

    BY - Ria Duneja
    MT Editorial / 13 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (85)

    Let's all admit that it's hard to say no to luxury chocolate. Not only do kids like them, but so do the elderly. Did you know that chocolate may also improve our mood? Chocolates have the ability to increase serotonin production. Our general well-being and happiness depend heavily on this hormone. The best luxury chocolate brands in India are listed here; you may use them to make sweets or simply nibble on them right off the bar. Eating one of these chocolates will make you addicted.

    Qualities Offered by Luxury Chocolate Brands in India

    Finely roasted beans of choco, conchered and tempered give an essence of dedication and expertise. Here are the qualities of these top luxury chocolate brands in India.

    • Premium components like organic cane sugar, pure cocoa butter, and single-origin cocoa beans go into making luxury chocolate.
    • A well-rounded chocolate experience can only be achieved by using pure extracts and natural ingredients to make the highest-quality chocolate.
    • Expert chocolatiers take great care in every step of the production process, from choosing the best cocoa beans to tempering and sculpting the chocolate.
    • Luxury chocolate should snap with clarity, crispness, cleanliness, and sharpness. When broken, lower-quality chocolate will make a dull sound and crumble or bend.

    Best Luxury Chocolate Brands in India

    To make your heart melt with the perfect aroma of chocolate, here are the best luxury chocolate brands in India.

    1. Smoor - Superior Ingredients

    SMOOR is a luxury chocolate company founded by Vimal Sharma in 2015. It offers a superior selection of goods, such as chocolates, signature cakes, gift baskets, desserts, drinks, and much more, and it combines real ingredients. The company crafts rich chocolates by sourcing raw materials from around the globe. Smoor intends to increase its omnichannel presence, D2C websites, and number of outlets. A few of the most preferred luxury chocolates by Smoor are True Bar Roasted Almond Milk Chocolate Bar, True Bar Biscuit Crunch Chocolate, and Cranberry Dark Chocolate Bar. It has a variety of luxury chocolates in box packaging, bars, and stir-it-up hot chocolate sticks.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (86)

    1. Fabelle (ITC) - Specially Crafted Chocolates

    Fabelle, founded in 2006, stands second in the list of the top luxury chocolate brands in India. More than 1000 hours are spent before beginning to make Fabelle chocolates; the artisans must undergo intense instruction and evaluation. Luxury chocolates are checked strictly with quality controls to provide the greatest possible chocolate experience. Its chocolates are made with premium ingredients like cocoa from Venezuela, Ghana, or the Ivory Coast, together with ancho chile, acacia nectar, and French sea salt. These are some of the best-selling luxury chocolates by Fabelle: Open Secret Milk-Centered Chocolate, Heavenly Almond Mousse with Ghana, and Open Secret Dark Chocolate Bar topped with Nuts & Berries.

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    1. Paul And Mike - Science Behind Chocolate

    Another great option to experience the essence of luxury choccolate. Paul and Mike, who are named after two excellent cocoa growers in Latin America, demonstrate the wonderful taste of quality chocolate. We see fermentation and cocoa growing as both scientific and artistic endeavors. Cultivate and fermented cocoa on our own fields in Kochi and Coimbatore. Additionally they procure wet cocoa beans from forward-thinking farmers in Andhra and Kerala and handle all post-harvest procedures. These are some of the top luxury chocolates by paul and mike - Piedmont Hazelnuts, Almonds, Raisins & Cranberries Fine Milk Chocolate Slab, Almond Rochers in Dark Chocolate and Almond Rochers in Fine Milk Chocolate.

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    1. Pascati - Sweetness in Every Bit

    The name Pascati, which means "sweet meal" in Sanskrit, is derived from the term Pascat Parivesya. Pascati purchases cocoa beans from Keralan estates. It offers a variety of items such as bulk cacao products, minis, cacao powder, festive gift hampers, and bars with single origin and inclusion. A variety of chocolate tastes, such as almond and rose, raspberry and hibiscus, and paan, which has 60 percent cacao are the specialities of the brand. It has numerous options, best luxury chocolate by Pascati are - Organic & Vegan Chocolate Orange Cinnamon Hazelnut, Organic & Vegan Chocolate, Blueberry Walnut and Organic & Vegan Chocolate, Passionfruit Almond.

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    1. Naviluna - Pure Cacao Beans

    Naviluna is a luxury chocolate brand in India. Among the first manufacturers of chocolate to use only Indian cacao beans with organic certification. To maintain the nutritious content of the cacao beans, they temper their chocolate by hand at moderate temperatures. Its chocolate smells rich and fragrant. It claims that they have better control over quality and can create unique tastes. Regional ingredients including jackfruit, lime, and mango are used to make these luxury chocolates.

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    1. Soklet - Traditional Taste

    Soklet is a bean-to-bar luxury chocolate brand. It manufactures its own cocoa beans to create their unique chocolate. Soklet sells traditional chocolates as well as unique tastes made using ingredients from India. Among its flavors is Mint and Nibs, a blend of roasted cacao nibs, peppermint, and semi-sweet dark chocolate. The brand is attempting to introduce its chocolate into Japan and the US. Some of the best sellers by Soklet are - 80 percent Zero Sugar Milk Chocolate, 82 percent Dark Chocolate and 70 percent Dark Chocolate Gourmet Baking Bar.

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    1. Mason & Co - Organic Chocolates

    Mason & Co. is a leading luxury chocolate brand in India. Its cacaos come from certified organic farms in Tamil Nadu, Kerala, and Karnataka. They collaborate closely to help small-scale farmers enhance their post-harvest and harvesting practices. The worker manually sifts, grades, and inspects the beans. Recycled beans are delivered to nearby farmers for use as fertilizer. Nothing is thrown away. Luxury chocolates are made with the greatest level of farm-level processing since too much sugar, milk, or preservatives will not cover any off flavors. Some of the best luxury chocolates offered by Mason & Co are Intense, Signature and Zesty Orange.

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    Final Word

    India’s luxury chocolate market is projected to grow by $9.2 billion by 2032 with a CAGR of 6.1 percent in between 2023 - 2032. Contributing to the same these brands stand out for their commitment. For using premium ingredients, artisanal craftsmanship, and innovative flavors. From sourcing the finest cocoa beans to incorporating unique regional ingredients, each brand offers a distinct and memorable experience.

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    Bengaluru's Origin Set to Disrupt India’s $2.8 Bn Quick Commerce with Fresh Produce and 40 Dark Stores

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    BY - Guest author
    / 6 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (95)

    Bengaluru’s very own Origin, India’s first-ever fresh produce brand, has officially launched, promising lightning-fast delivery of over 250 varieties of fruits, veggies, herbs, and exotic produce — all within just 12 hours of harvest!

    Founded by Prashanth Vasan, Siddharth Raveendran, Vikram R, and Steve, Origin brings in an omni-channel experience to cater to a broad spectrum of customers, integrating offline, online, and quick commerce delivery modes.

    Origin said its strategy results from a deep understanding and primary research covering over 1,000 customers from diverse age and income groups. There has been a growing trend towards online purchases of daily groceries, and fruits (63 percent) and vegetables (57 percent) top the charts for preference. Almost all the customers have faced challenges related to freshness, quality, inconsistent pricing, and not having a wide selection of products.

    “No offline or online store in Bangalore or India offers 250+ different products to choose from. Origin will be focused on delivering an enhanced experience guaranteeing convenient delivery, consistent quality assurance and the availability of a wide selection of fresh produce to consumers. Origin brings in a blended approach that is a confluence of state-of-the-art predictive demand technology and its direct partnerships with local farmers to deliver the freshest vegetables and fruits within 12 hours of harvest,” the company said in a statement.

    “Our mission at Origin is to set a new benchmark for freshness in Bengaluru. By delivering produce within 12 hours of harvest, we are reimagining how consumers experience fruits and vegetables—no more compromises on quality or variety. With over 250 options and our ‘Fresh or Nothing’ commitment, we are combining technology with direct farmer partnerships to not only ensure peak freshness but also drive meaningful impact for local farming communities. At Origin, we’re not just offering fresh produce we’re creating a fresh way of living for the people of Bengaluru,” said Prashanth Vasan, CEO, Origin.

    It plans to set up 40 dark stores in its first phase which is estimated to be within two months. As they expand, they plan to open dedicated experience stores to enhance the shopping experience. Origin is currently bootstrapped and it is in talks to raise its first round of venture capital funding, Vasan told Entrepreneur India on the sidelines of the launch.

    India’s quick commerce is a competitive market that has been growing year-on-year at 77 percent to reach $2.8 billion in GMV (gross merchandise value) in 2023, according to a Redseer report. In comparison, e-commerce has been growing at 14-15 percent year-on-year.

    Origin competes with the likes of popular quick commerce firms like the Zomato-owned Blinkit, Zepto and Swiggy Instamart although it currently plays in the niche space of fruits and vegetables deliveries only.

    Currently, the brand offers next day delivery and same day delivery in key areas of the city. The app is available for download on both Play Store and App Store. Origin will soon be launching 20-minute hyperlocal delivery across Bengaluru and offline experience stores in select areas across the city.

    Origin said it uses eco-friendly packaging for longer shelf life and offers customers the option to purchase smaller quantities to minimize food waste. The company aims to reduce fresh produce waste to just 4 percent, thanks to its precise demand forecasting and efficient supply chain management.

    The company claims that produce is harvested at its peak freshness and swiftly delivered, minimizing post-harvest losses to farming communities. Post-harvest losses are currently estimated at 25 percent of the produce.

    Author:Ayushman Baruah, Regional Bureau Head, Entrepreneur India

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    Lykli Noida’s Rs 5,500 Crore Retail Wonderland: 9,000 Jobs and IKEA Magic!

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    BY - Nandini Banerjee
    Managing Editor, IndianRetailer.com & Retailer Media / 9 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (98)

    Noida’s skyline is about to change, and it’s not just another regular shopping centre. It's Lykli, the second "meeting place" from Ingka Centres, part of the Ingka Group, which also owns IKEA. With a staggering investment of Rs 5,500 crores, Lykli Noida is poised to be more than just a retail space — it's a game-changer for Delhi NCR and all of Uttar Pradesh. With Lykli’s debut, this new-age retail haven is set to bring a wave of change, not just in shopping but in how people live, work, and play. And the best part? It’s creating over 9,000 jobs!

    Vision for Noida and Beyond

    Present at the unveiling of Lykli in Noida were high-profile leaders like Uttar Pradesh Chief Minister Yogi Adityanath, Minister for Industrial Development Shri Nand Gopal Gupta, Sweden’s Ambassador Jan Thesleff, and top honchos from Ingka Centres and IKEA India, including Sebastian Hylving, Ingka Centres’ Global Expansion & Development Director, and Susanne Pulverer, CEO and Chief Sustainability Officer, IKEA India.

    Chief Minister Yogi Adityanath took the stage to emphasize the significance of Lykli, saying, "This project is more than just brick and mortar — it’s a reflection of our vision for Noida as a center of modern urban living. It aligns with Uttar Pradesh’s goal to create sustainable, community-focused spaces that uplift citizens.”

    With its 47,833 sq m space anchored by a massive IKEA store, Lykli is expected to draw in over 25 million visitors annually. For context, that’s almost the population of Australia!

    Shri Nand Gopal Gupta echoed the excitement: “Lykli is more than a shopping center. It's a lifestyle hub. People will come here not just to shop but to connect, work, dine, and play.”

    Not Just a Mall, a Meeting Place

    Sebastian Hylving explains that Lykli is designed as a “meeting place”— a concept that moves beyond transactional shopping to become a central community hub. “Think of it as Noida’s new living room, a place where families and friends can gather for more than just errands. This isn’t your typical retail center. We’re building a community space where people can come together and feel at home," Hylving said.

    The name "Lykli" comes with a promise: it's about creating vibrant spaces where the lines between work, life, and leisure blur. Whether it’s grabbing a coffee, coworking in modern spaces, or indulging in cultural experiences, Lykli’s got you covered. Imagine working remotely from a space where you can easily hop to a quick shopping trip, have a gourmet meal, or catch an indie concert—all under one roof. That’s the vision for Lykli.

    Hylving summed it up perfectly: “We’re creating spaces that allow people to live their best lives. Noida’s growing population deserves a place that’s built for the future—Lykli is that place.”

    Sustainability at its Core

    But Lykli isn’t just about size or scale — it’s a statement on sustainability. This place is aiming high, targeting LEED Platinum certification for the entire building and WELL Gold certification for its offices. With eco-friendly materials, 100 percent water recycling, and zero waste to landfills, this isn’t just any shopping center; it’s a blueprint for the future of urban living. And here’s a cherry on top: Lykli’s commitment to sustainable mobility. With two metro stations connected directly and more than 70 electric vehicle charging stations, it’s clear that Lykli is as green as it is grand.

    “Lykli is setting a new benchmark for urban development in India. From its eco-friendly construction to sustainable daily operations, it’s a space built for the future,” said Hylving.

    IKEA: More Than Just a Store

    Lykli’s anchor, IKEA, is bringing its A-game too. The Swedish giant will open one of its iconic stores here, but this isn’t just a run-of-the-mill IKEA. Susanne, highlighted the brand’s long-term commitment to India: “We’re not just setting up stores; we’re looking to make a lasting positive impact on the local economy. Lykli Noida marks a huge milestone in our growth story.”

    IKEA’s strategy in India is laser-focused. Besides large-format stores like the ones in Hyderabad, Navi Mumbai, and Bengaluru, the brand is also exploring smaller store formats and expanding its online presence. IKEA’s first online venture in Delhi-NCR is set to roll out in early 2025, followed by its first physical store in Gurugram by 2026.

    “Our next phase of investment is all about scaling smartly in India. Delhi-NCR is a top priority for us,” Pulverer added. With its smart mix of large and small formats, IKEA is ensuring that no corner of India is left out of its retail revolution.

    “India isn’t just a single country; it’s like a continent with its diverse states, each with unique needs. We have to approach this market gradually, ensuring we deliver a complete and high-quality experience for our customers. It’s not enough to just open stores and ship products. IKEA is all about providing solutions for your home, and to do that, we need to offer complementary services, like helping with home design and planning. That’s why we’re taking a step-by-step approach to ensure a seamless experience, rather than rushing into multiple markets without proper preparation,” she emphasized.

    Numbers That Tell the Story

    • INR 5,500 crore investment in Lykli Noida
    • Over 9,000 jobs created, giving the local economy a much-needed boost
    • 25 million annual visitors expected — making Lykli one of the largest retail magnets in the region
    • 47,833 sq. m of retail space, anchored by an IKEA store
    • 70+ EV charging stations and two direct metro links for sustainable commuting
    • 100% water recycling and zero waste to landfill as part of Lykli’s green building practices

    These figures don’t just represent money spent or space covered — they tell a story of ambition and transformation. For IKEA and Ingka Centres, it’s about building something that lasts, not just for today but for future generations.

    Ingka and IKEA’s India journey is just getting started. As Susanne put it: “We’re here for the long haul. Lykli Noida is just the beginning of our journey to bring a new level of retail experience to India. For us India is Number 1 priority!”

    Next Story

    Elevate Your Drive: Unveiling The Top 5 Luxury Car Brands In India

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (99)

    BY - Ria Duneja
    MT Editorial / 26 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (101)

    Looking out for treating yourself with luxury drives? One must know that luxury automobiles generally have more inside amenities, better-quality interiors, more modern safety features, and higher performance when compared to conventional cars. In essence, leasing a new luxury vehicle gives you more value for your money. Apart from that, there is a splendid feeling of having a luxury car standing in your driveway, which is more than a basic one!

    The latest analysis of the luxury automobile market in India states that it can reach a value of $1.54 billion by 2027. An increase of 6.4 percent CAGR in between 2022-2027.

    Factors to Consider While Buying a Luxury Car

    There are various factors to consider before purchasing the luxury car of your dreams. However many luxury automobile purchasers are unaware of the significant distinction between purchasing and really owning a luxury vehicle. The responsibility of maintaining that high-end gadget comes along with the enjoyment of wearing that stylish badge. To make it all easy for you, here are some considerations for you to make a beneficial investment.

    • Upkeep Expenses

    Even if your luxury car doesn’t need major repairs, it will still require regular maintenance. Routine services like oil changes and alignments can be less expensive for premium brands. However, costs are still relatively high in the first few years of ownership.

    • Fuel Prices

    When buying a luxury car, remember to include premium fuel costs in your monthly budget. Most luxury cars require premium-grade fuel. If you are upgrading from a vehicle with low fuel efficiency, the difference might not be drastic. However, luxury cars generally consume more fuel despite offering a more comfortable and efficient ride.

    • Cost of Long-Term Repairs

    High-end vehicles are built to last, but unexpected repairs can happen. Repairs for luxury cars are generally more expensive due to the higher quality of parts. Ensure you have the budget for future maintenance before buying a luxury car. Also, check the warranty terms on the manufacturer’s website before purchasing. Many warranties cover costly parts during the contract period, making the vehicle a worthwhile investment.

    • Depreciating Asset

    Luxury cars depreciate quickly and lose value faster. This means you might lose a significant amount of your investment. Some manufacturers offer buy-back programs, but terms depend on the car's condition. The advantage is that older luxury cars can be purchased at much lower prices, often up to 50 percent less within three to four years.

    Top 5 Luxury Car Brands in India

    Here is a list of the most liked luxury car brands in India, making a special place in the hearts of Indian consumers. Standing out in the crowd with special features and performances that are listed below.

    1. Rolls Royce

    British luxury car manufacturer Rolls-Royce Motor Cars Limited has been a fully owned subsidiary of BMW AG since 2003. Encouraging Greatness is ingrained in every Rolls-Royce Motor Car. It is the driving force behind our creativity, goals, and continuing legacy. Its ultimate goal will always be to inspire greatness, even as we push the boundaries of what is possible. The company offers numerous models. Phantom, Spectre and Cullinan are the most preferred ones.

    Phantom

    • It boasts a heated steering wheel, vented seats, and a front massage.
    • It features two 12-inch displays in the back seats that can play TV or DVDs, as well as a top-view camera that provides a 360-degree picture of the vehicle.
    • To ensure acoustic isolation, the Phantom Suite has frequency-specific insulation.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (102)

    Spectre

    • It can go 330–310 miles (530–500 km) on full charge.
    • In 4.5 seconds, it can accelerate from 0 to 100 kmph.
    • It has an illuminated fascia, intelligent personal assistant Eleanor, and Starlight Doors with 4,796 lighted holes.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (103)

    Cullinan

    • It boasts a roomy cabin with a mix of materials, such as milled metal highlights, box-grain leather, lambswool carpeting, and wood trim. The bespoke placed perforation pattern on the leather seats was inspired by clouds.
    • Among the Cullinan's several driving modes is an off-road option that unleashes the vehicle's full power.
    • Adaptive cruise control, lane-keeping assist, automatic emergency braking, forward-collision warning, adaptive cruise control, and night vision are just a few of the safety systems available in the Cullinan.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (104)

    1. Bentley

    Established by W.O. Bentley in 1919, Bentley gained recognition for its exceptional automobiles, inventive engineering, and superior craftsmanship. Their clients were also well-known, and their racing accomplishments contributed to Bentley's standing as a high-performance vehicle. The company uses the best materials available. Steel, aluminum, and carbon fiber are a few of the materials used in Bentley's body. The console and chairs are made of premium leather. Additionally, Bentleys are renowned for sporting the greatest brake pads and wheels available.

    The best luxury car offered by Bentley in India are the Bentley Bentayga, Bentley Continental and Bentley Flying Spur.

    Bentley Bentayga

    • Numerous safety measures are available in the Bentayga, including as child safety locks, speed-sensing door locks, keyless central locking, and engine immobilizer.
    • Features like postural adjustment and seat auto-climate are part of the front seat comfort specification of the Bentayga EWB. These amenities, together with a footrest and a substantial recline, are added to the back seats by the Bentley airline seat specification.
    • The 4.0-liter V8 petrol engine, which can reach 60 mph in 4.5 seconds, the W12 engine, which can reach 60 mph in 3.8 seconds, and the hybrid engine, which can go 25 miles on electricity alone, are just a few of the engine options available for the Bentayga.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (105)

    Bentley Continental

    • The first powertrain choice available for the Bentley Continental is a 4.0-liter turbocharged V8 engine that generates 542 horsepower and 568 pound-feet of torque. A more potent 6.0-liter W12 engine with 626 horsepower and 664 pound-feet of torque is the second choice.
    • The Continental's cabin is designed to reduce outside noise, giving drivers and passengers a peaceful space.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (106)

    1. Porsche

    Porsche was formed in the 1930s by Ferdinand Porsche, a Czech-German automobile engineer, and Adolf Rosenberger. The company has established its objectives in accordance with the four stakeholder dimensions: investors, employees, society, and consumers. By 2030, Porsche wants to be CO2 neutral on its balance sheet throughout the whole value chain. The business is making significant investments in innovation, sustainability, digitalization, and training, among other areas. It is known for providing an unparalleled driving experience and is dependable. Porsche vehicles are well worth the investment because of their amazing capacity to absorb shocks and for providing a smooth ride. For maximum comfort and refinement, the interior is built with luxurious-looking metal surfaces and velvety leather seats. The top luxury car models by Porsche are 911, Taycan and Panamera.

    911 (8 models)

    • These are the following models under the 911 version - 911 Carrera Coupe, 911 Turbo 50 years, 911 Turbo Models, 911 GT3, 911 GT3 RS and 911 S/T
    • The display of the 911 models instrument cluster, which has around 12.65-inch curved display, is the central rev counter or power meter with boost and recovery displays, as well as the iconic "five-tube view."
    • The modern 911 is jam-packed with support and technological features. Included as standard equipment is the ParkAssist system, which also features a reversing camera, cruise control, Lane Keeping Assist, and traffic sign recognition with curve warning and tiredness detection.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (107)

    Taycan (3 Models)

    • Taycan has 3 models named - Taycan TBA, Taycan 4S and Taycan Turbo.
    • The vehicle includes features such as a rearview camera, lane departure warning, and forward collision warning with automated emergency braking. It also offers the semi-autonomous InnoDrive system as an option. This system includes night vision assistance, traffic congestion assistance, and adaptive cruise control.
    • The Taycan boasts a high-performance battery with enhanced cell chemistry and a longer range. It also features an efficient heat pump cooling design.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (108)

    Panamera

    • The Porsche Doppelkupplung (PDK), chassis, and drivetrain of the Panamera are all very performance-oriented. A 4.0-liter twin-turbo V8 engine producing 500 PS and a sports suspension power the Panamera GTS.
    • The Panamera blends agility and elegance with its unique chassis tune. It offers several performance suspension options, including Rear-Axle Steering, Porsche Dynamic Chassis Control Sport (PDCC Sport), and Adaptive Air Suspension.
    • Larger perforated ceramic brake discs are available as an option. These come with the Panamera's Porsche Ceramic Composite Brakes (PCCB).

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (109)

    1. Lamborghini

    Automobili Lamborghini, headquartered in Sant'Agata Bolognese in northern Italy, was established in 1963. For over 50 years, Lamborghini has continuously produced iconic vehicles such as the 350 GT, Miura, Espada, Countach, Diablo, and Murcielago. The brand also offers limited edition models like the Reventon, Sesto Elemento, Veneno, and Centenario. Lamborghini is known for its high-performance engines, delivering remarkable acceleration and top speeds. With innovative technology, lightweight construction, and enhanced aerodynamics, these cars excel on both the road and the track. The best luxury car models by Lamborghini are Urus, Revuelto and Huracan.

    Urus

    • World’s first Super Sport Utility Vehicle, blending the spirit of a super sports car with SUV practicality.
    • It features a 4.0-liter twin-turbo V8 engine, and the Urus SE adds a powerful electric motor for enhanced performance.
    • The Urus showcases Lamborghini’s design, performance, and driving dynamics, redefining the SUV segment with its unique DNA.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (110)

    Revuelto

    • Lamborghini introduced Revuelto, the first HPEV hybrid super sports car, setting a new standard in performance, technology, and driving pleasure.
    • It features a powertrain delivering 1015 CV, combining a new 12-cylinder internal combustion engine. With three high-density electric motors.
    • It includes a revolutionary transversal dual-clutch e-gearbox. For enhanced performance.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (111)

    Huracan

    • Designed to evoke deep emotions through a blend of power and Italian craftsmanship.
    • This series embodies authentic design and cutting-edge mechanical technology, showcasing Lamborghini's finest work.
    • The Lamborghini Huracán, with its sharp lines and precision design, offers both visual thrill and unparalleled Italian craftsmanship in every detail.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (112)

    1. Jaguar

    Jaguar Land Rover, headquartered in Whitley, Coventry, England, is a British multinational automobile manufacturer. They produce luxury and sports cars under the Jaguar brand. The company is known for building Jaguar vehicles using advanced production lines. Thousands of skilled individuals work seamlessly with high-tech robots and multi-million-pound machinery, showcasing exceptional craftsmanship. Jaguars have outstanding handling, acceleration, and top-speed features. Advanced components such as all-wheel drive systems and lightweight aluminum set it apart. These are the top luxury car models by Jaguar - Jaguar F-Pace, Jaguar E-Pace and Jaguar I-Pace.

    Jaguar F-Pace

    • The F-Pace offers high-performance engines. Including a 2.0-liter turbocharged gasoline engine and a 2.0-liter turbodiesel engine.
    • Every F=Pace model has an eight-speed automatic ZF gearbox. It offers seamless gear changes and quick acceleration.
    • This creative design improves handling and braking. That helos decreases weight and offers superior passenger protection.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (113)

    Jaguar E-Pace

    • The E-Pace offers a range of driver assistance features. These include emergency braking, blind spot assistance, and a rear camera.
    • It also has adaptive cruise control, a driver condition monitor, and lane keep assist.
    • Additionally, the E-Pace provides front and rear parking assistance, rear collision monitoring, rear traffic monitoring, traffic sign recognition, and an adaptive speed limiter.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (114)

    Final Thought

    Which luxury vehicle will be your next indulgence? Whether you’re drawn to unmatched opulence, superior craftsmanship, innovative technology, or refined performance, there’s a luxury car designed to meet your desires. Discover the perfect blend of elegance and performance and make every drive an extraordinary experience. Make your dream come true with these top luxury car brands in India

    Next Story

    Evaluating the ROI of Experience Studios in the Retail Sector

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (115)

    BY - Guest author
    / 9 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (117)

    Definition and Concept

    Experience studios are specialized retail spaces designed to offer customers a tangible, immersive interaction with products and services. Unlike traditional retail environments, experience studios focus on creating an environment where customers can visualize and engage with the product in a way that goes beyond simple browsing. In the context of modular kitchens, experience studios allow potential buyers to explore various kitchen designs, materials, and layouts firsthand. By providing a physical space where customers can interact with life-sized models, these studios help bridge the gap between concept and reality, enabling customers to better understand what their future kitchen could look and feel like.

    Industry Trends

    The trend of experience studios in retail is rapidly gaining momentum as brands recognize the need to offer more than just products—they need to provide experiences. Customization is a key factor driving this trend, especially in industries like modular kitchens where each design is unique. Experience studios have become essential because they offer a touch-and-feel opportunity that helps customers visualize the product's true value and functionality. These studios also serve as a physical manifestation of the brand, enhancing its presence in local markets and building trust with potential customers.

    Benefits of Experience Studios

    Enhanced Customer Engagement: Experience studios significantly improve customer engagement by providing a tangible, interactive environment. Customers can physically interact with various elements of a modular kitchen, gaining a deeper understanding of the materials, textures, and functionality. This hands-on experience often leads to a more informed and confident purchasing decision.

    Personalization and Customization: One of the major advantages of experience studios is their ability to offer personalized experiences. Each display within the studio is curated to showcase different styles and configurations, allowing customers to see multiple options before making a decision. This level of personalization can lead to higher customer satisfaction and loyalty, as customers feel more confident in their choices.

    Brand Differentiation: In a competitive market, experience studios help brands stand out by offering a unique, immersive experience that goes beyond the typical retail encounter. Elements such as store visual merchandising, lighting, and staff interactions play a crucial role in creating a memorable visit. The strategic location of these studios in busy markets also ensures that they attract foot traffic from customers who are already interested in home renovations or furniture.

    Measuring ROI

    Quantitative Metrics: The success of an experience studio can be measured through various quantitative metrics, such as increased sales, higher conversion rates, and repeat customers. Strategic location choices, such as positioning the studio in a busy market area, ensure that walk-ins generate a steady flow of potential customers. The combination of high-quality products and excellent customer service also contributes to repeat business, further boosting the studio's ROI.

    Qualitative Benefits: Beyond the numbers, experience studios offer qualitative benefits like improved brand perception, customer loyalty, and word-of-mouth marketing. A positive in-store experience can lead to repeat visits and referrals, which are invaluable for long-term business growth. Satisfied customers are more likely to recommend the brand to others, creating a ripple effect that enhances the studio's overall impact.

    Challenges and Solutions

    Initial Investment: Setting up an experience studio requires a significant initial investment, particularly when it involves creating multiple display areas that accurately represent the product's range. This investment can be justified by the long-term benefits of increased sales and customer loyalty. A well-designed studio can serve as a powerful tool for attracting and converting customers, ultimately leading to a strong return on investment.

    Operational Costs: Ongoing operational costs, such as staffing, maintenance, and utilities, are another challenge. These costs can be managed effectively by ensuring that the studio is strategically located in areas with high foot traffic, maximizing its potential for customer engagement. Additionally, operational efficiencies can be achieved through careful planning and resource management.

    Technological Integration: The integration of advanced technology is crucial for enhancing the customer experience and improving operational efficiency. For example, interactive apps and virtual reality tools can provide customers with instant design previews and customization options, making the shopping experience more engaging and efficient.

    Future Outlook

    Evolving Customer Expectations: As customers become more informed and discerning, their expectations of retail experiences will continue to evolve. Experience studios will play a key role in meeting these demands by offering a space where customers can visualize and interact with products before making a purchase. The ability to provide a personalized, immersive experience will be critical in attracting and retaining customers in the future.

    Innovation and Expansion: Looking ahead, there is significant potential for innovation in the design and functionality of experience studios. As the retail landscape continues to evolve, these studios will need to adapt by incorporating new technologies and design trends. Expansion into new markets will also be important, as brands seek to reach a wider audience and establish a strong presence across various regions.

    Authored By

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (118)

    Dhruv Trigunayat, CEO UltraFresh by Prestige

    Next Story

    Managing Supply Chain Disruptions in the FMCG Sector

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (119)

    BY - Guest author
    / 11 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (121)

    In the bustling landscape of India's Fast Moving Consumer Goods (FMCG) sector, where demand changes rapidly and competition is fierce, maintaining a consistent supply of goods to consumers is a significant challenge. The total revenue of the FMCG market is expected to grow at a CAGR of 27.9 percent through 2021–27, reaching nearly $ 615.87 billion. The industry is growing, but it still faces consistent challenges with supply chain disruptions, which can lead to delays, shortages, and higher operating costs.

    FMCG products are characterized as low unit costs due to high volume sales, businesses in the space must maintain profitability in a market full of intricate distribution networks and fierce competition, which calls for razor-sharp operational efficiencies. The sector's reliance on just-in-time inventory and swift turnaround times amplifies the impact disruptions can cause, making agility and innovation imperative for survival.

    The unpredictable monsoon: a story of quick adaptation

    Imagine a scenario at an FMCG company in India where production lines hum with activity, churning out products destined for millions of homes across the country. Unexpectedly, a key raw material, sourced from a region experiencing unforeseen monsoon delays, fails to arrive on time. This single disruption has the potential to ripple through the entire supply chain, impacting production schedules, distribution timelines, and ultimately, customer satisfaction.

    In response to the crisis, the company needs to swiftly activate its contingency plan. Leveraging technology, these businesses often implement a real-time monitoring system that tracks weather patterns and predicts supply disruptions, thereby being better planned.

    In India's FMCG industry, achieving supply chain resilience involves not only reducing risks but also identifying and taking advantage of opportunities. For instance, the rise of e-commerce platforms has revolutionized consumer access, presenting FMCG companies with new avenues for distribution and sales. Embracing digital transformation has enabled companies to not only streamline operations but also enhance customer engagement through personalized marketing and targeted promotions.

    In this evolving landscape, adaptability is key. Successful FMCG companies in India are those that can pivot swiftly, leveraging data and analytics to forecast demand accurately and adjust production schedules accordingly. Moreover, fostering a culture of innovation—from sustainable packaging solutions to energy-efficient manufacturing processes—ensures that companies not only meet current consumer expectations but also anticipate future trends.

    How to manage supply chain disruptions?

    Building Strong Supplier Relationships

    Adopting strong strategies is essential to managing supply chain disruptions in the FMCG industry. One key approach is building strong supplier relationships. By nurturing collaborative partnerships based on trust and open communication, FMCG companies can proactively address potential risks. For instance, in the edible oil industry, where the timely supply of raw materials like soybeans and sunflower seeds is critical, strong supplier relationships ensure continuity even during agricultural fluctuations or logistical challenges.

    Strengthening Logistics and Distribution Networks

    Strengthening logistics and distribution networks is equally crucial. Efficient transportation and distribution systems enable timely delivery of goods, preserving product freshness and meeting consumer demands. Enhancing flexibility can be achieved by establishing regional distribution centers and investing in a variety of transportation modes. For instance, having alternative shipping routes mapped out allows FMCG firms to circumvent disruptions swiftly, ensuring uninterrupted supply chain operations.

    Use of Data Analytics and Technology

    Incorporating advanced data analytics and technology completes the arsenal of strategies. Technologies like AI, ML, and IoT provide real-time insights into consumer behavior and market trends. This enables accurate demand forecasting and optimized inventory management, empowering FMCG companies to adjust production schedules and logistics proactively. By leveraging technology, FMCG firms can enhance supply chain visibility and agility, ensuring they stay ahead in a competitive and dynamic market landscape.

    Driving the FMCG Sector with Flexibility and Adaptability

    The world today is all about flexibility and adaptability. Companies that can quickly adapt to new circ*mstances are better positioned to maintain continuity and meet consumer needs. Here are some ways to enhance flexibility and adaptability:

    1. Agile Supply Chain Practices

    Agile supply chain practices involve creating a supply chain that can quickly respond to changes in demand or supply. This may include adopting just-in-time inventory systems, flexible manufacturing processes, and rapid responses. These practices enable edible oil producers to quickly adjust production in response to market changes, ensuring they can meet consumer demand effectively.

    2. Continuous Improvement Programs

    Implementing continuous improvement programs ensures that supply chain processes are regularly evaluated and enhanced. This approach helps identify inefficiencies and areas for improvement, making the supply chain more strong over time. Regularly refining production and distribution processes helps edible oil companies stay ahead of potential disruptions and maintain high standards of quality.

    3. Employee Training and Development

    Investing in employee training and development ensures that staff are equipped with the skills and knowledge needed to adapt to new challenges. In the edible oil industry, specialized training in food safety protocols, quality control, and equipment operation ensures that production meets regulatory standards. Cross-functional training can create a more versatile workforce capable of stepping into various roles during disruptions.

    Conclusion

    The FMCG sector's ability to manage supply chain disruptions is essential for ensuring consumer satisfaction and business continuity. By building resilient supply chains, companies can ensure the continuous flow of essential products to consumers, even in the face of unexpected challenges. As the FMCG sector continues to evolve, the ability to adapt and respond to supply chain challenges will remain a critical factor for success.

    Authored By

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (122)

    Anubhav Agarwal, MD and CEO, BN Group

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    What Makes Starbucks India’s First Experiential Store a Game-Changer for Coffee Lovers

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (123)

    BY - Aritra Ghosh
    Features Writer, IndianRetailer.com & Retailer Media / 10 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (125)

    Starbucks India has always been synonymous with coffee excellence, innovation, and a seamless customer experience. This year, the iconic brand has taken a bold new step in elevating the coffee culture in the country. In a significant milestone, Starbucks has unveiled its first-ever coffee experiential store at Punjabi Bagh, New Delhi. This marks a key moment in Starbucks’ journey as it blends its global expertise with India's rich coffee heritage.

    A Unique Coffee Experience in India’s Capital

    The Punjabi Bagh store stands as a testament to Starbucks' commitment to offering a unique and immersive coffee experience for its patrons. Unlike any other store in the country, it brings together global coffee craftsmanship and the distinct flavors of India under one roof. With an extensive menu that features 16 specialty coffees from across the globe and a lineup of innovative beverages, this store aims to be a haven for coffee aficionados and casual consumers alike.

    For the first time in India, Starbucks has introduced local flavors to its coffee offerings. The menu celebrates Indian culinary traditions, featuring beverages like the Malabar Coconut Cream Latte, the Cinnamon Jaggery Latte with organic jaggery sourced from Maharashtra, and the Cocoa Birds Eye Chilli Latte inspired by the spicy flavors of Meghalaya. A refreshing Tamarind Red Peroo Shikanji Cold Brew also adds a twist to India’s beloved summer drink, offering a fusion of familiar tastes with a Starbucks twist.

    “Having served the Signature Starbucks Experience to consumers in India for over a decade, we remain committed to pushing the boundaries of product innovation and customer experience. The launch of our first coffee experiential store in New Delhi, our first store among many upcoming similar stores in the country, represents our celebration of Indian coffee heritage through variety, artistry and food theatre, complimented by a host of international coffee offerings,” says Sushant Dash, CEO, TATA Starbucks.

    Exclusive Brews and Indian Flavors

    At the heart of this experiential store lies Starbucks' expertise in coffee craftsmanship. The store offers a selection of 16 specialty coffees, including five exclusive espresso beans and 13 whole bean options sourced from renowned coffee regions, including India, Kenya, Sumatra, and Latin America. Customers can choose from a variety of roasts, including the exclusive Starbucks Willow Blend, Starbucks® Single-Origin Zambia, and Starbucks Pike Place Roast, each providing a unique coffee profile.

    Moreover, the store introduces the Aeropress brewing method to India, allowing coffee lovers to experience a level of customization previously unseen. Customers can now personalize their coffee by selecting their preferred beans and choosing from five different brewing methods, ensuring that each cup is tailored to individual tastes.

    Starbucks has made a conscious effort to elevate the coffee-drinking experience through its innovative approach, blending tradition with modern techniques. The addition of local flavors is a clear nod to India’s rich coffee heritage, creating a connection between international coffee expertise and homegrown flavors.

    A Culinary Experience to Complement Coffee Craft

    In addition to its diverse coffee offerings, the Punjabi Bagh store also debuts an innovative food menu that complements its beverage lineup. Freshly baked breads, croissants, puffs, and cookies are prepared in-store, ensuring that customers can enjoy quality food that perfectly complements their coffee. The menu also includes scrambled eggs and freshly assembled sandwiches, offering a range of breakfast and snack options that reflect the international café culture.

    This new food experience further enhances the brand’s position as more than just a coffeehouse. It is a culinary destination that offers patrons a holistic experience, merging the world of food and coffee in an environment that exudes warmth and creativity.

    Blending Global Craft with Local Design

    The store’s design is as unique as its coffee offerings, featuring an array of craftwork inspired by coffee regions like Indonesia and Costa Rica. The décor takes customers on a visual journey, with elements paying homage to the diverse origins of coffee. The centerpiece of this design is an artwork depicting two sirens – one youthful, representing Starbucks’ roots, while the other represents the flourishing future, holding a branch of vibrant red coffee cherries.

    “The artwork welcomes customers into the world of Starbucks – diverse flavours, aromas, coffee craft, and excellence. The store also features exclusive uniforms for partners, reflecting its unique identity,” adds Starbucks. The vibrant design, inspired by regions such as Punjab, adds a local flavor to the global coffeehouse. The intricate motifs and symbolism of local fauna, alongside traditional jewelry designs, bring a rich, cultural ambiance that is both inviting and awe-inspiring.

    Beyond aesthetics, the store provides an immersive coffee zone where customers can explore the art of coffee making. From learning about different brewing methods to sampling exclusive coffee beans, the experiential store turns coffee drinking into a personalized, educational journey.

    A Decade of Innovation and Growth

    Since entering the Indian market in October 2012 through a joint venture with Tata Consumer Products Limited, Starbucks has made significant strides in adapting its offerings to cater to the Indian market while staying true to its global standards of quality. With over 446 stores in 65 cities across India, the brand continues to expand its footprint while staying connected to the cultural fabric of the country.

    Starbucks’ decision to introduce this experiential store is a clear reflection of its ongoing commitment to innovation and customer engagement in India. By offering an extensive menu of global and local coffee options, alongside a culinary experience that is rooted in local tastes, Starbucks continues to redefine what it means to enjoy coffee in India.

    With this new experiential store, Starbucks aims to deepen its connection with the Indian market, bringing the global coffee experience while celebrating India’s unique flavors and culinary heritage.

    Starbucks' Vision for the Future

    The opening of the Punjabi Bagh coffee experiential store marks a new chapter in Starbucks India’s journey. As Sushant Dash mentioned, this is the first of many such stores that will open across the country in the coming years. Starbucks’ focus on innovation, sustainability, and customer experience will continue to drive its growth in India, ensuring that it remains a leader in the coffeehouse space.

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    Ganesh Chaturthi Gift Ideas: From Eco-Friendly Idols to Luxury Home Decor

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    BY - Saptopriya Ghosal
    Junior Writer / 10 MIN READ

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    Ganesh Chaturthi, the festival that marks the birth of Lord Ganesha, is a celebration of the significance of the cycle of birth, life, and death. It is for the first time that Ganapati is described in a brief context in Rigveda in the form of shlokas 2. 23. 1 and 10. 112. 9, where he is described as “the seer among seers and the lord of invocation.”

    However, it is unclear if this refers to the later form of Ganesha, as the Vedic texts do not mention Ganesh Chaturthi. The festival started to be famous in the eighteenth century during the time of Peshwas in Pune; however, during the time of British rule, the festival lost its value among the masses. The festival was revived by Lokmanya Tilak in 1892 in a mass spectacle form in order to draw people’s attention and overcome colonial prohibition on assemblies.

    A festival of devotion and joy is the perfect occasion to share thoughtful gifts with loved ones. Whether you are looking for traditional items or modern pieces, here are the top gifting ideas to make this Ganesh Chaturthi truly special.

    Eco-Friendly Ganesh Chaturthi Celebrations: Sustainable Gift Ideas for Ganesh Chaturthi:

    Celebrate responsibly with sustainable choices, from eco-friendly idols to reusable decor. Here’s how you can make this Ganesh Chaturthi an environment-friendly occasion.

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    • Eco-Friendly Ganesh Idols

    Celebrate Ganesh Chaturthi with a sense of responsibility by gifting eco-friendly idols made from clay or biodegradable materials. These idols dissolve in water without harming the environment, making them a thoughtful gift for eco-conscious friends and family.

    • Handmade Crafts

    Encourage support for local artisans by gifting handmade crafts like painted pots, bamboo baskets, or fabric lanterns. These unique pieces not only add beauty to the celebrations but also promote traditional handmade art.

    • Customized Puja Kits

    A well-curated puja kit containing all the essentials like incense sticks, flowers, kumkum, and prasad can be a thoughtful and practical gift for Ganesh Chaturthi. It enhances the devotional spirit while offering convenience.

    Ganesh Chaturthi Decor Ideas: Transform Your Home for the Festivities:

    From vibrant rangolis to intricately designed diyas, elevate your home with festive decor that sets the perfect tone for welcoming Lord Ganesha.

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    • Artisanal Home Decor

    Add a personal touch to homes with handcrafted decor like traditional wall hangings, brass diyas, and elegant rangoli sets. Plate and Peonie’s collection, featuring products such as terracotta pottery and hand-painted trays, is perfect for enhancing the festive spirit.

    • Luxury Tableware

    For those who love hosting, high-end tableware from Plate and Peonie, such as hand-painted salad plates or palm tree candle holders, can make dining experiences more festive and memorable.

    • Festive Bed Linen

    Upgrade home decor with luxury festive bed linens, such as the Divine Collection bedsheets from Urban Space. With vibrant colors and intricate designs, these make for a stylish and functional gift.

    Ganesha's Blessings: Auspicious Gifts to Bring Prosperity and Joy:

    This festive season, share blessings with your loved ones by gifting silver coins, divine jewelry, or traditional idols that symbolize good fortune.

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    • Jewelry Pieces

    Jewelry is a timeless gift, and Gargi by P N Gadgil & Sons offers an exquisite range of 92.5% sterling silver and brass jewelry. Pieces like elegant earrings or statement necklaces make for perfect gifts that can be cherished beyond the festival.

    • Silver Coins or Ornaments

    Silver coins embossed with images of Lord Ganesha are auspicious gifts during this festival. Consider gifting silver ornaments or coins that symbolize good luck and prosperity.

    Ganesh Chaturthi Styling Tips: Dress to Impress for the Festivities:

    The festival calls for traditional attire with a modern touch. Discover how you can style ethnic wear with contemporary accessories for a stunning festive look.

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    • Sarees and Ethnic Wear

    Gift luxury with Asha Gautam’s festive saree collection. Each saree, from Kanjivaram silks to tissue Banarasi, is a beautiful blend of tradition and modern design, making it a standout gift for loved ones during the festival.

    • Ethnic Clothing for Men

    Elevate the festive wardrobe of the men in your life with Blackberry's premium menswear collection. From trendy kurta sets to dapper Nehru jackets, these outfits blend style with tradition, making for a perfect festive gift.

    Final Thought:

    This Ganesh Chaturthi, make your gifts meaningful by choosing options that reflect the spirit of the festival. Whether it’s jewelry, home decor, or eco-friendly idols, thoughtful gifts are sure to make celebrations brighter.

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    Top Organic Ingredients to Celebrate National Nutrition Week 2024

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    BY - Ria Duneja
    MT Editorial / 12 MIN READ

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    A nutrition-rich diet isn't just about eating enough food; it's about making informed choices that include a variety of foods and a balance of nutrients. To meet the body's diverse nutritional requirements, it's crucial to understand the components of a healthy diet and how they contribute to physical and mental health. This empowers individuals to make choices that enhance their quality of life and reduce the risk of many diseases.

    The first week of September 2024 is celebrated as National Nutrition Week, highlighting the critical role that nutrition plays in maintaining long-term health and well-being.

    As we focus on the importance of a nutritious diet for overall well-being, here are some essential organic ingredients for healthier conscious living.

    1. Tulsi: A Natural Wellness Booster

    Tulsi, also known as holy basil, is celebrated for its extensive health benefits and is grown organically. It supports overall wellness and connects you to traditional practices. Tulsi can be enjoyed in tea or supplements, offering a natural boost to your health.

    Organic India Tulsi Original Green Tea offers a delightful, aromatic, and excellent tea made using three primary types of Tulsi, all of which have long been revered in Ayurveda. This special combination calms, stimulates, and revitalizes your health. Can be served hot to start the day or chilled.

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    Health Benefits :

    • Helps reduce stress & aids in relaxation
    • Strengthens the immune system
    • Improves metabolism & digestion

    2. Honey: Nature’s Sweet Gift

    Wild honey, sourced from pristine forests, is a rich, unprocessed alternative to conventional honey. It retains valuable enzymes and antioxidants, adding a natural sweetness to your meals while connecting you to nature’s purest offerings.

    The Multiplefloral Akshayakalpa Raw Honey is evidence of its commitment to purity and its goal of supplying goods that are beneficial to its customers, our farmers, and the environment. Its honey is responsibly acquired from organic farm honeycombs, emphasizing the preservation of bee populations and ecosystems. There are no artificial ingredients, added sugars, flavors, chemicals, or preservatives in the all-natural honey. It's honey the way nature meant it to be!

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    Health Benefits :

    • Supplies quick energy
    • Helps treat symptoms of cough and cold
    • Soothes and heals the digestive system
    • Boosts immune function

    3. Quinoa: The Nutrient-Rich Superfood

    Quinoa is renowned for its exceptional nutritional profile, including high protein and essential amino acids. Its versatility makes it a superb choice for a variety of dishes, supporting a balanced and healthy diet.

    The superfood of nature, to start living a better lifestyle. Quinoa, which is high in protein, fiber, and other vital minerals, helps with weight control, improves heart health, and gives you lasting energy. Ideal for a healthy, well-balanced diet. Barry’s offers 100 percent Organic Quinoa - gluten-free that is a powerful source of protein and fiber that works well in salads or as a rice alternative Rich in nutrients for general health.

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    Health Benefits :

    • Source of Complete Protein
    • Naturally rich in vitamins and minerals
    • Good source of fibre and antioxidants
    • Weight-loss friendly & gluten-free

    4. Moringa: The Green Powerhouse

    Moringa is packed with vitamins, minerals, and antioxidants, providing a natural, caffeine-free energy boost and supporting immune health. It’s a simple and effective way to enrich your diet with a powerful, nutrient-dense ingredient.

    Amala Earth manufactures natural moringa powder, a potent antioxidant that helps the body get rid of toxins. Nine times the protein of yoghurt, fifteen times the potassium of bananas, one and a half times the vitamin A of carrots, twenty-five times the iron of spinach, seventeen times the calcium of milk, and twelve times the vitamin E of almonds are all included in one gram of pure moringa powder.

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    Health Benefits:

    • Rich in Antioxidants
    • Prevents Malnutrition
    • May Reduce Blood Sugar
    • May Relieve Symptoms of Menopause
    • Anti-Aging Effects

    5. Wheatgrass Juice: Special Healing Qualities

    Made from the freshly sprouted shoots of wheat grains, wheatgrass (Triticum aestivum) is a common component in juices. Usually, it is offered in powder or in juiced form. Wheatgrass is marketed as a natural treatment for several illnesses because it is high in antioxidants, beta-carotene, and chlorophyll.

    Kapiva, an Ayurveda nutrition brand, focuses on maximizing the chlorophyll content, taking extensive care to harvest wheatgrass till the eighth day. Wheat Grass Juice by Kapiva is well-known for its detoxifying properties, wheatgrass also improves metabolism, which aids with digestion.

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    Health Benefits :

    • Supports the alkaline environment in the body
    • Boosts energy & immunity
    • Enhances detoxification and healthy metabolism
    • Promotes healthy skin and hair

    Final Thought

    As we celebrate National Nutrition Week this September, these natural ingredients remind us of the importance of conscious, health-focused choices. By embracing organic, wholesome foods, we can improve our overall health and lead a more balanced, vibrant life. Incorporating organic ingredients like Tulsi, honey, quinoa, moringa, and wheatgrass into your diet can significantly enhance your well-being. These nutrient-rich superfoods not only provide essential vitamins and minerals but also offer a range of health benefits—from boosting immunity and energy levels to aiding digestion and promoting healthy skin.

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    Quick Commerce to Revolutionize Indian Retail Landscape with $10 Bn Gross Order Value by FY26

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    BY - Vaishnavi Gupta
    Assistant Editor, IndianRetailer.com & Retailer Media / 9 MIN READ

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    The Indian retail industry, long dominated by traditional food and grocery markets, is on the cusp of a transformative shift as quick commerce companies rapidly gain traction. According to a recent report by CLSA, the gross order value (GOV) of quick commerce players is expected to hit a staggering $10 billion by FY26. Over the next decade, this number is predicted to surge past $78 billion, with key players like Zomato's Blinkit, Zepto, and Swiggy Instamart leading the charge.

    This remarkable growth is being fueled by a combination of ultra-fast delivery times, efficient last-mile logistics, and a wide range of product offerings that extend far beyond the typical selection available at local kiranas (small, neighborhood grocery stores). In a market traditionally controlled by these local vendors, who account for over 95 percent of the $600 billion food and grocery segment, quick commerce is emerging as a serious contender, poised to reshape the way Indians shop for everyday essentials.

    The Rise of Quick Commerce

    Quick commerce, defined by its promise of delivering products within 10 to 20 minutes, is a new and disruptive retail format that leverages technology and data-driven logistics. It has already captured a significant portion of the Indian market, with Blinkit, Zepto, and Swiggy Instamart holding more than 90 percent of the market share by revenue. Smaller players, including Big Basket's BBNow and Flipkart, also contribute to the sector's growth, albeit on a smaller scale.

    The success of these platforms lies in their ability to meet the modern consumer's demand for convenience and speed. Unlike traditional grocery stores, which may be limited by geography, inventory, and logistics, quick commerce platforms can offer a wider range of products at competitive prices, delivered directly to the customer’s doorstep within minutes.

    This model has resonated particularly well in India's rapidly urbanizing landscape. With increasing population density in urban centers and changing consumer behavior, quick commerce is emerging as a practical solution to the limitations of traditional retail, offering a seamless and superior shopping experience.

    Scalability and Profitability

    While quick commerce has demonstrated remarkable growth potential, its success hinges on scalability. Companies in this space must optimize sourcing, warehousing, fulfillment, and rider operations to keep delivery costs low while maintaining a high level of service. As these platforms expand beyond the major metros and penetrate Tier II and III cities, their ability to scale will determine their long-term sustainability.

    By expanding their product range beyond food and groceries, quick commerce platforms are tapping into new revenue streams. Products like basic apparel, electronics, stationery, and even services such as printing and food delivery are becoming increasingly available on these platforms. This diversification is driving up average order values, improving unit economics, and increasing the overall profitability of quick commerce players.

    Assuming a 3 percent net profit margin on gross order value, the quick commerce sector could generate a profit pool of $2.3 billion over the next decade. To put this in perspective, this would surpass the entire organized retail industry’s current profit pool in India. With a total addressable market estimated at $662 billion as of FY24 — representing 66 percent of the overall retail market — the quick commerce sector has ample room to grow.

    The Impact on Traditional Retail and FMCG Giants

    While the growth of quick commerce presents significant opportunities for new and emerging brands, it also poses a considerable challenge to established players in the fast-moving consumer goods (FMCG) sector, including Hindustan Unilever and Marico. Historically, these companies have held a competitive advantage due to their vast distribution networks, which allow them to reach even the most remote areas of the country. However, as quick commerce platforms continue to streamline and flatten the retail supply chain, this distribution advantage is eroding.

    Quick commerce platforms have managed to cut out several layers of the traditional supply chain, allowing them to offer lower prices and faster delivery times. This has made them an attractive option for consumers who would otherwise have relied on local kiranas for their daily essentials. As a result, the dominance of FMCG giants like Hindustan Unilever and Marico is being challenged, and these companies will need to adapt to the changing retail landscape or risk losing market share.

    Moreover, quick commerce platforms are giving greater visibility to newer and smaller brands, allowing them to compete on a more level playing field. This increased competition is likely to spur innovation and drive down prices, benefiting consumers while putting pressure on traditional retailers.

    READ MORE: Q-Commerce Set to Surge with $6 Billion GMV in FY25

    Urbanization and Digitalization

    India's rapid urbanization and the proliferation of smartphones and high-speed internet are creating a fertile environment for the growth of quick commerce. With millions of Indians moving to cities in search of better job opportunities and a higher standard of living, the demand for fast, convenient shopping options is on the rise. At the same time, the digital revolution has made it easier than ever for consumers to order products online and have them delivered to their homes in a matter of minutes.

    These trends are expected to continue over the next decade, further boosting the growth of quick commerce in India. As consumers become increasingly accustomed to the convenience and speed of ultra-fast delivery, quick commerce platforms will continue to expand their reach and offerings, becoming an integral part of the Indian retail ecosystem.

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    Durable Goods Dominate India’s Retail Market: 12.4% Spike in Consumption Expenditure in Q1-FY25!

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    BY - Nandini Banerjee
    Managing Editor, IndianRetailer.com & Retailer Media / 10 MIN READ

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    The consumer goods industry has seen notable shifts in consumption patterns in Q1-FY25, with production and price data offering key insights into the evolving demand landscape. As Dipanwita Mazumdar, Economist at Bank of Baroda, highlights, this quarter reflects a mixed yet promising outlook for consumer demand across durable and non-durable goods. White goods, in particular, have outperformed compared to the same period last year, bolstered by extreme heatwave conditions and a warmer summer. But the changes are not just seasonal; they signal broader lifestyle shifts and growing aspirations among consumers.

    Durable Goods: Outshining the Market

    Durable goods have emerged as strong performers in Q1-FY25, with demand gaining solid ground. GDP data revealed a 12.4 percent increase in Private Final Consumption Expenditure (PFCE), even when considering the elevated base of 8.1 percent in Q1-FY24. In real terms, PFCE grew by 7.4 percent, outpacing GDP growth, a clear indication that consumption demand is on the rise.

    Mazumdar explains, "The disaggregated production (IIP) and price (CPI) data showed that demand for durable goods is on a strong footing, driven by both seasonal factors and a favorable pricing environment."

    Key insights into durable goods performance include:

    • Air Conditioners and Refrigerators: These segments witnessed a significant uptick in sales, with AC sales growing by a remarkable 37.8 percent in Q1-FY25 compared to a -17.5 percent drop during the same period the previous year. This surge coincided with worsening heatwave conditions and a warmer summer.
    • Televisions and Mobile Phones: Sales in these segments have also risen, defying the usual seasonal trends seen in Q1. A softer inflation rate contributed to increased demand for these items, with inflation moderating for all durable goods except ACs.

    Mazumdar adds, "A continued momentum in discretionary spending, coupled with favorable pricing, underscores the resilience of consumption demand."

    Non-Durables: A Mixed Bag Reflecting Changing Preferences

    While durable goods have shone brightly, the non-durables sector has presented a more nuanced picture. Segments such as detergent powder, shampoo, and instant food saw improvements, reflecting stable demand for daily consumption items. However, certain categories, particularly biscuits and bread, have witnessed a decline in sales, potentially signaling a shift towards healthier alternatives.

    For instance, roasted and salted cashews saw a production increase of 43.1 percent in Q1-FY25, compared to a -19.8 percent decline during the same period last year. Meanwhile, biscuits and bread continued their downward trend, suggesting that consumers are moving towards healthier snack options. The decline in demand for chocolates, cakes, pastries, and muffins also indicates a broader shift in dietary preferences.

    Mazumdar observes, "Consumers appear to be prioritizing healthier food choices, as seen in the declining production of sugary snacks and the rise of healthier alternatives like nut-based snacks. This is a reflection of the changing consumption behavior driven by a desire for a better quality of living."

    In the beverages sector, the demand for traditional staples like tea and coffee has softened, while production of aerated drinks and ice cream surged, driven by the hotter-than-usual summer. These trends suggest a preference shift towards more refreshing and indulgent treats during warmer months.

    Lifestyle Changes Driving Consumption

    One of the most notable trends in Q1-FY25 is the "moving out" momentum, which reflects the buoyant economic activity and growing consumer interest in lifestyle and travel-related goods. Wedding dates during the quarter fueled a higher production of gold jewelry, despite higher domestic and international gold prices. This increase also comes against an unfavorable base, highlighting the resilience of demand in this segment.

    Moreover, the production of readymade garments, undergarments, creams, lotions, sunglasses, bottled water, and even tires increased significantly. This growth was partly driven by a favorable pricing environment and a lower base, but it also points to a broader trend of consumers prioritizing "outdoorsy" activities and travel.

    Mazumdar notes, "The production of lifestyle commodities has picked up sharply, supported by stable prices and a strong appetite for travel and outdoor activities. This trend is indicative of consumers embracing experiences and a more active lifestyle."

    The production of "sin goods," such as alcohol and tobacco, also remained robust, further reflecting the resilience of discretionary spending in the face of changing consumer preferences.

    Consumer Trends

    The data paints a picture of a consumer landscape that is evolving in response to both external conditions, such as weather and economic factors, and internal shifts in preferences and priorities.

    • Durable Goods: The strong performance of durable goods like ACs, refrigerators, TVs, and mobile phones reflects a healthy pickup in consumption demand. This growth is supported by seasonal tailwinds, but also by broader changes in consumer behavior, as reflected in the double-digit production growth across these categories.
    • FMCG Segments: Certain FMCG segments have seen lower production, despite favorable pricing. However, this is less a reflection of weak demand and more an indication of changing consumer preferences. Consumers are increasingly opting for healthier and more premium products, such as cashews and medicated shampoos, over traditional items like biscuits and regular shampoos.
    • Lifestyle Commodities: The "lipstick effect" continues to play out in the economy, with travel goods and lifestyle commodities seeing sharp increases in production. Stable prices, despite rising input costs, have helped maintain strong demand in these categories.

    Looking Ahead

    The outlook for the consumer goods industry in the coming months is optimistic. Mazumdar points out that rural demand is already showing signs of recovery, supported by favorable monsoon progress and strong sowing activity. Food inflation, which saw a downward correction in August 2024, is expected to provide further relief to consumers.

    Additionally, the early arrival of the festival season is likely to give consumption demand a further boost, creating opportunities for both durable and non-durable goods manufacturers.

    Mazumdar concludes, "The data from Q1-FY25 reflects a strong undercurrent of consumption demand driven by a desire for quality living. As rural demand strengthens and the festival season approaches, we expect this momentum to continue, offering further growth opportunities for the consumer goods industry."

    In sum, Q1-FY25 has highlighted the resilience of India’s consumer market, with durable goods leading the charge and non-durables reflecting evolving preferences. As consumers continue to prioritize healthier and more aspirational products, the industry stands well-positioned for sustained growth in the coming quarters.

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    Top 5 Music Streaming Platforms/Sites in India for 2024

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    BY - Saptopriya Ghosal
    Junior Writer / 15 MIN READ

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    In India, music is an integral part of daily life, and with the rise of digital platforms, music streaming has become the preferred way to enjoy favorite tracks, discover new artists, and explore diverse genres. With so many options available in the Indian market, it can be overwhelming for users to choose which platform to select. That's why we've compiled a list of the most popular music streaming platforms in India, known for their extensive music libraries and personalized playlists. This article will provide consumers with an overview of the top 5 best music streaming services in India, including their popularity, main features, and subscription plans.

    Top Factors to Consider in Music Streaming Platforms in India

    When selecting a music streaming platform in India, it’s essential to consider several factors to ensure the service meets your needs:

    1. Comprehensive Library: A vast collection of music, including regional, Bollywood, and international hits, is essential to cater to India's diverse tastes.
    2. High-Quality Audio: Offer lossless audio formats to meet the growing demand for high-definition listening experiences.
    3. User-Friendly Interface: Provide a seamless and intuitive platform that makes it easy to discover and enjoy new music.
    4. Exclusive Content: Personalized playlists and offer exclusive releases, especially for regional music and Bollywood hits.
    5. Affordable Subscription Plans: Provide value-for-money options, including family, student, and premium plans, to cater to various budgets.

    Top 5 Music Streaming Platforms in India

    Here’s a list of the top 5 music streaming platforms that are loved all over the globe.

    1. Apple Music: For Better Audio Experience

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    Apple Music, launched in 2015, is a popular music streaming service in India. It's part of Apple's product line. Apple Music offers clear sound and a mix of international and Bollywood music. It's popular among Apple users because it works well with iPhones and iPads and can be controlled with Siri.

    Subscription and Plan Details:

    • Individual Plan: Rs 99/month
    • Family Plan: Rs 149/month (up to 6 users)
    • Student Plan: Rs 59/month
    • Voice Plan: Rs 49/month (limited to Siri-controlled playback)

    2. Spotify: for Diverse Choice

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    Spotify, popular in India since 2008, offers global music. It's known for personalized playlists like Discover Weekly and has a huge collection of Indian music. Its ability to understand local tastes and recommend music has made it very popular in India.

    Subscription and Plan Details:

    • Free Tier: Ad-supported
    • Premium Individual: Rs 119/ 2 months
    • Premium Family: Rs 179/ 2 months (up to 6 users)
    • Premium Duo: Rs 149/ 2 months (2 users)
    • Student Plan: Rs 59/ 2 months

    3. YouTube Music: For All Your Loved Songs in High-Quality Audio

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    YouTube Music, from Google, started in India in 2015. It's popular for its many music videos, live concerts, and remixes. YouTube Music understands what users like and suggests new music based on their behavior. It's a strong competitor in India.

    Subscription and Plan Details:

    • Free Tier: Ad-supported
    • Premium Individual: Rs 119/month
    • Family Plan: Rs 179/month (up to 5 users)
    • Student Plan: Rs 59/month

    4. Amazon Music: All in One

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    Amazon Music, part of Amazon, offers streaming options like Amazon Music Unlimited and Prime Music. It's popular in India because it works with Alexa devices for hands-free music. It offers Indian and international music and has clear, high-quality streaming that music lovers like.

    Subscription and Plan Details:

    • Prime Music: Included with Amazon Prime Membership (Rs 1499/year or Rs 179/month)

    5. JioSaavn: For your Diverse Taste

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    JioSaavn, a music streaming app, started in 2018. It's popular in India for its Hindi, regional, and English music. The app has licensed original broadcasts and podcasts. Its affordable price and focus on Indian music make it a top choice for Indian users.

    Subscription and Plan Details:

    • Free Tier: Ad-supported
    • Pro Plan: Rs 89/month
    • JioTunes: Rs 49/month
    • Pro Student: Rs 49/month

    What is the Best Music Streaming Platform in India?

    The ideal music streaming service in India depends on individual preferences. However, several platforms consistently rank high, offering unique advantages:

    • Spotify: Renowned for its excellent music recommendation system, extensive library, and curated Indian playlists. Its user-friendly interface and diverse content make it a popular choice.
    • Apple Music: If you're deeply invested in the Apple ecosystem, Apple Music offers superior sound quality, exclusive content, and a curated selection of Indian songs.
    • YouTube Music: Ideal for those who primarily consume music through YouTube. It provides access to music videos, live performances, and a vast library of songs.
    • Amazon Music: A convenient option for Amazon Prime subscribers, offering a comprehensive music library and seamless integration with other Amazon services.

    When selecting a service, consider factors such as your preferred device ecosystem, desired sound quality, and interest in music videos or live performances.

    Final Words

    In today's digital India, music streaming is popular. Platforms offer different services. Spotify is good at recommending music. JioSaavn focuses on Bollywood and regional music. Choose a platform based on your needs: high-quality audio, variety, or price. If you value high-quality audio, a variety of content, or a cheap subscription, feel free to choose the platform to your liking. Happy listening!

    FAQs on Music Streaming Platforms in India

    1. Which music streaming platform offers the best sound quality in India?

    Apple Music and Amazon Music are known for their high-quality audio, offering lossless and high-definition formats.

    2. Can I download music for offline listening on these platforms?

    Yes, all major platforms allow you to download songs for offline listening.

    3. Are there family plans available on these platforms?

    Most platforms, including Spotify, Apple Music, YouTube Music, Amazon Music, and JioSaavn, offer family plans.

    4. Which platform has the most extensive Indian music library?

    JioSaavn and Spotify are often praised for their large collections of Indian music.

    5. Are there any free options for streaming music?

    Yes, Spotify, YouTube Music, and JioSaavn offer free, ad-supported tiers. Amazon Prime members get limited free music. Apple Music doesn't have a free tier but offers a trial.

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    This World Beard Day Transform Your Beard Game with the Top Beard Oil Brands in India

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    BY - Saptopriya Ghosal
    Junior Writer / 9 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (157)

    This World Beard Day, take your beard care routine to new heights with the best beard oil brands in india. Growing a thick, healthy beard demands more than just time and patience; the right grooming products can significantly impact your results. Using quality products not only enhances beard growth but also improves texture and keeps your beard looking sharp.

    A well-maintained beard is more than just a fashion statement—it's a reflection of confidence and personal style. With the right oils, balms, and tools, you can elevate your beard journey, achieving a fuller, stronger, and more impressive look.

    Why Every Man Should Incorporate Beard Oils

    Beard oils are a crucial element in any man's grooming arsenal. These oils don't just condition your beard; they also moisturize the underlying skin, preventing itchiness and dryness. The natural ingredients found in beard oils can reduce breakage, eliminate split ends, and give your beard a healthy, polished shine. Additionally, the right oil can stimulate growth, making your beard appear thicker and more robust. By adding high-quality beard oil to your daily routine, you ensure your beard stays in top condition, no matter its growth stage.

    Here are our top five product recommendations to help you reach your beard goals this World Beard Day.

    1. Beard & Hair Growth Oil by Beardo

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (158)

    Beardo's Beard & Hair Growth Oil is infused with powerful growth-enhancing ingredients, ensuring your beard receives the best care from root to tip. Natural elements like Hibiscus Oil, Coconut Oil, and Amla provide full nourishment for your facial hair. Zinc strengthens hair follicles, while vegetable protein, linked to DHT levels and testosterone, supports natural beard growth. This premium oil is available for Rs 750 for 50 mL, offering a well-rounded approach to enhancing beard growth.

    2. Onion Beard Growth Oil by Bombay Shaving Company

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (159)

    This lightweight, non-greasy oil is designed for quick absorption and lasting results. Its unique combination of onion oil and rosemary extracts promotes rapid, healthy beard growth. Rosemary enhances blood circulation to beard follicles, which is especially beneficial for men with patchy beards. Onion oil, known for its high sulfur content, strengthens hair and encourages growth. Priced at Rs 395 for 30 mL, this oil is an excellent option for stimulating effective beard growth.

    3. Derma Roller by The Man Company

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    The Derma Roller by The Man Company is a cutting-edge tool that enhances beard growth by improving blood circulation. It features 540 micro-needles at 0.5 mm, which stimulate dormant follicles and boost overall beard growth. Safe and easy to use on both your beard and scalp, this tool is priced at Rs 499 and provides a non-invasive way to improve beard density and health. Regular use of the Derma Roller, combined with your favorite beard oil, can significantly enhance your results, leading to a thicker, fuller beard.

    4. Beard Growth Oil by Ustraa

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    Ustraa’s Beard Growth Oil combines eight natural oils, including almond, castor, gooseberry, acai berry, watermelon seed, avocado, argan, and olive oils. This powerful blend nourishes both hair and roots, rebalancing the natural growth cycle and strengthening hair follicles. With these nutrient-rich oils, your beard receives the care it needs to grow thick and strong. Priced at Rs 399 for 35 mL, this oil is an effective and budget-friendly option for promoting healthy beard growth.

    5. Beard Growth Serum With Redensyl by Sheopal’s

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    Enhance your beard care routine with this non-sticky, water-based serum designed to stimulate beard growth and improve overall health. The serum contains Redensyl, a patented blend of botanical extracts and oils that promotes the proliferation of dermal papilla cells, essential for hair growth. It also features watercress, rich in vitamins E, C, K, and A, which supports hair growth, reduces skin inflammation, and boosts resistance to bacterial infections. Saw palmetto extract in the serum further enhances beard thickness, reduces inflammation, and prevents uneven skin tone.

    This natural formula also minimizes breakage, patchiness, split ends, and frizz, making it suitable for all beard and skin types. Priced at Rs 399 for 35 mL, it’s a comprehensive solution for beard care.

    Final Thoughts

    A well-maintained beard not only enhances your appearance but also boosts your confidence. Each of these products offers unique benefits to support your beard growth journey. Whether you’re just beginning or looking to enhance an already impressive beard, these oils, serums, and tools are sure to help you achieve the look you desire. This World Beard Day, invest in your beard care routine and let your beard become a symbol of your personal style and confidence.

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    India's Luxury Pre-Owned Market to Hit $1.56 Mn by 2032

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    BY - Vaishnavi Gupta
    Assistant Editor, IndianRetailer.com & Retailer Media / 9 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (165)

    India’s luxury market is evolving rapidly, with the luxury pre-owned segment emerging as a significant growth driver. As the concept of circular fashion and sustainable luxury gains traction globally, Indian consumers, particularly from affluent segments, are increasingly embracing pre-owned luxury items. The luxury pre-owned market in India, currently valued at $618 million in 2023, is expected to grow at a compounded annual growth rate (CAGR) of 10 percent, reaching an estimated $1,556 million by 2032.

    This significant growth projection highlights the increasing demand for pre-owned luxury goods across various categories, including watches, handbags, jewelry, fashion, art, and antique furniture. This trend is underscored by recent data and insights shared by Almona Bhatia, Chief Business Development Officer at Tata CLiQ & Tata CLiQ Luxury.

    Bhatia emphasized that Tata CLiQ Luxury, which launched its pre-owned category earlier this year, has already introduced high-end brands such as Rolex, Omega, and Breitling in the watches segment and Gucci, Louis Vuitton, and Fendi in the handbags segment. These offerings cater to a growing market of discerning consumers who value luxury but are also mindful of sustainability.

    The Appeal of Pre-Owned Luxury

    The rise of the luxury pre-owned market can be attributed to several factors. First, the increasing awareness and importance of sustainability among consumers is driving the shift towards circular fashion. Purchasing pre-owned luxury items is seen as a way to reduce environmental impact while still enjoying the allure of high-end products.

    "Pre-owned is a softer way of saying second-hand," Bhatia explained, "but it also connotes that it has retained more of its value while conserving ecology and environment." This sentiment resonates with a growing number of consumers who are conscious of their ecological footprint but do not want to compromise on quality or prestige.

    Moreover, pre-owned luxury items often come with a unique appeal, offering access to rare, discontinued, or vintage pieces that may no longer be available in the primary market. This exclusivity, combined with the assurance of authenticity and quality from reputable platforms like Tata CLiQ Luxury, further enhances the attractiveness of pre-owned luxury goods.

    Targeting India’s Affluent Consumer Base

    India’s luxury pre-owned market is driven by a specific consumer demographic—affluent households with annual incomes exceeding Rs 20 lakh. These households, categorized as Elite and Elite Plus, have a significant presence across metro, Tier I, and Tier II/III cities, with the top 20 cities accounting for approximately 60 percent of such households.

    According to Bhatia, the addressable market for Tata CLiQ Luxury includes 10 million Elite Plus and 44 million Elite households. However, the company is currently focusing on a more targeted segment, aiming to reach around 1 million households within this broader market.

    "Currently, we have penetrated 1.3 percent of this market," Bhatia revealed, "but the goal is to scale sustainably and profitably." This targeted approach underscores the importance of building a solid foundation in the luxury pre-owned segment while ensuring long-term growth and profitability.

    The Rise of Gen Z and E-Commerce

    One of the key drivers of growth in India’s luxury pre-owned market is the rising number of affluent consumers, projected to increase from 60 million in 2023 to 100 million by 2027. Within this expanding consumer base, Gen Z is playing an increasingly influential role. Industry experts at the India D2C Summit highlighted that one in three online shoppers in India now comes from the Gen Z category, indicating a shift in consumer behavior and preferences.

    Gen Z consumers are known for their digital savviness and strong values around sustainability and ethical consumption. These characteristics make them prime candidates for the luxury pre-owned market, where they can find unique, high-quality items that align with their values.

    The growing preference for online shopping among Indian consumers, accelerated by the COVID-19 pandemic, is also contributing to the expansion of the luxury pre-owned market. E-commerce platforms like Tata CLiQ Luxury provide a convenient and trusted channel for purchasing pre-owned luxury goods, offering a seamless shopping experience that combines authenticity, quality, and variety.

    Challenges and Opportunities

    While the luxury pre-owned market in India presents significant growth opportunities, it is not without its challenges. Building consumer trust is paramount, as concerns around authenticity, quality, and transparency can be barriers to purchasing pre-owned items. To address these concerns, platforms like Tata CLiQ Luxury are focusing on stringent quality checks, certification processes, and providing detailed product information to reassure consumers.

    Another challenge lies in changing consumer perceptions. The notion of purchasing pre-owned items, particularly in a culture that often associates newness with prestige, can be a hurdle. However, as more consumers recognize the environmental and economic benefits of pre-owned luxury, this perception is gradually shifting.

    READ MORE:Indian Luxury Industry Thrives with $347 Bn Sales

    The Future of Luxury Pre-Owned in India

    The luxury pre-owned market in India is on a growth trajectory, driven by increasing affluence, a rising Gen Z consumer base, and a growing emphasis on sustainability. As platforms like Tata CLiQ Luxury continue to expand their offerings and build consumer trust, the market is expected to flourish in the coming years.

    With the number of affluent consumers set to rise significantly and the continued evolution of e-commerce, the luxury pre-owned segment in India is well-positioned to become a major player in the country’s luxury market. As Bhatia aptly put it, the goal for Tata CLiQ Luxury is to "scale sustainably and profitably," a sentiment that reflects the broader aspirations of the luxury pre-owned market in India.

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    Top 10 OTT Platforms in India that are Binge-Worthy

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (166)

    BY - Ria Duneja
    MT Editorial / 14 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (168)

    Since ancient times, our culture has embraced diverse forms of entertainment. Folk and classical music, dance, and theater have all enriched our lives. In the 20th century, technology took off, bringing major advancements to entertainment.

    The rise of smartphones, low-cost data, and widespread internet access has fueled the growth of OTT platforms in India. Their popularity is driven by a vast selection of regional content and international offerings. With these services, customers enjoy affordability, convenience, and personal freedom. You decide what to watch and when—complete control at your fingertips!

    Why OTT Platforms are Popular in India

    OTT platforms have gained massive popularity in India due to several factors:

    • Content material: OTT platforms offer a wide range of content, such as live sports, TV shows, movies, children's programs, and news.
    • Affordability: Many OTT platforms provide low-cost subscription plans and even free content.
    • Convenience: OTT services are available online, so you don't need any special hardware to use them.
    • High quality streaming: OTT platforms often offer high-definition video quality.
    • User experience: These platforms usually have excellent customer service and an easy-to-use interface.

    Top 10 OTT Platforms In India

    To know more about these online entertainment formats, continue reading!

    1. Netflix

    Netflix is a subscription-based streaming platform available in many countries. Founded in 1997, it offers a wide range of content, including movies, TV shows, web series, documentaries, anime, and more. In early 2016, Netflix launched its services in India and now has over five million subscribers there. The company, based in California, offers five different plans in India, ranging from Rs 149 to Rs 649 per month. Netflix has also expanded into Europe, Asia, and Latin America, with offices in countries like the UK, Canada, France, the Netherlands, Brazil, India, South Korea, and Japan.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (169)

    1. Amazon Prime

    Amazon Prime is a premium membership service available in many countries, including India. The tech giant launched Prime in India in July 2016. Prime offers services like, streaming music, and on-demand video streaming of web series, TV shows, and movies. It also provides fast delivery options for shopping services as well. With around 10 million users, Amazon Prime is one of the top OTT services in India. Subscription plans range from Rs 299 to Rs 1500.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (170)

    1. Disney +Hotstar

    Disney +Hotstar is a leading streaming service that requires a membership. The Walt Disney Company's Disney Media and Entertainment Distribution departments run the business, which is owned by Star India. In India, Hotstar debuted in 2015. The Walt Disney Company purchased Star India in 2019. Despite providing movies, TV shows, web series, and other material, Hotstar's emphasis on live-streaming sporting events has contributed to over 8 million subscribers. Plans starts at Rs 299 quarterly.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (171)

    1. JioCinema

    Launched in 2016, this subscription-based streaming service offers a wide range of content, including movies, TV series, web series, music videos, and documentaries. It is available on both a web application and mobile apps for iOS and Android. Only Jio customers with Prime membership can access the platform, with no extra fees. JioCinema partners with Disney India, ALTBalaji, Eros Now, and others to provide popular content.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (172)

    1. SonyLIV

    SonyLIV, owned by Sony Pictures Networks India, is a leading OTT platform in India. Launched in 2013, it offers movies, TV shows, original web series, live sports events, games, and content from partners like Lionsgate and ITV. It has over 1.81 million subscribers. It offers three subscription levels: Rs 399 per month, Rs 699 per year, and Rs 1499 per year, each with different viewing options.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (173)

    1. Zee5

    ZEE5, owned by Zee Entertainment Enterprises, is a top OTT platform in India. It launched its subscription model in 2018 and offers multilingual content. The app is available on iOS, Android, Web, and Smart TV devices. With over 1.8 million users, ZEE5 provides diverse content in 12 languages, including TV series, films, music, and movies. The platform supports three screens at once. It offers three subscription plans: Rs 199 per month, Rs 899 per year, and Rs 1199 per year for 4K premium quality.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (174)

    1. Voot

    Voot, owned by Viacom18, is a top OTT content provider in India. Launched in 2016, it is an ad-supported video-on-demand platform. Voot is available as a web app for desktops and as apps for iOS, Android, and KaiOS (JioPhone) smartphones. It can also be accessed on Roku, Apple TV, Amazon Fire TV, Chromecast, and Android TV devices. Only available in India, Voot offers over 40,000 hours of content, including shows from Nickelodeon, MTV, and Colors.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (175)

    1. MX Player

    MX Player, created by MX Media and Entertainment, is a free streaming platform. It operates on an ad-supported model and offers over 150,000 hours of content in twelve languages, including Tamil, Hindi, and English. The app is available for iOS, Android, and on the web. MX Player provides a variety of content, including movies, TV series, web series, music, live TV, and originals.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (176)

    1. ALT Balaji

    ALTBalaji is an Indian streaming platform accessible on multiple devices. You can watch its content on Chromecast, smart TVs, web browsers, iOS and Android mobile devices, and more. It offers videos in genres like romance, comedy, crime, mystery, thrillers, and drama. It has three subscription plans: Rs 100 for two months, Rs 199 for six months, and Rs 300 for twelve months. The platform has over 2.1 million customers.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (177)

    1. Saina Play

    Saina Play is a top subscription OTT provider in India. It offers original content and regional Indian films, mainly Malayalam movies. Users can enjoy the best experience anywhere, anytime, with its mobile app. The platform is accessible on desktop browsers, Roku, iOS, Android, and Smart TVs.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (178)

    Final Thought

    These top 10 OTT platforms have transformed the entertainment landscape in India. They offer diverse content, high-quality streaming, and a great user experience. With options for every taste and budget, OTT platforms are becoming the preferred choice for many viewers.

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    Which Brands does Coca-Cola Own? The Complete List

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    BY - Sandeep Sharma
    Content Editor / 22 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (181)

    When people think about The Coca-Cola Company, they often think of a cold, refreshing co*ke. But did you know Coca-Cola owns many other drink brands too? Over the years, Coca-Cola has grown to include different types of drinks. They have sodas, juices, teas, coffees, energy drinks, and even water. Let’s take a closer look at some of the popular brands Coca-Cola owns and what makes each one special.

    Here is a list of the popular brands owned by Coca-Cola:

    Carbonated Soft Drinks

    Coca-Cola is most famous for its fizzy drinks, also called carbonated soft drinks. These are bubbly drinks with lots of flavors. Here are some of the most popular ones:

    1. Coca-Cola:

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    Coca-Cola, or "co*ke," is the original soda that started it all. It was created in 1886 and became famous for its unique cola flavor, which is sweet with a little bit of spice. co*ke is one of the most popular sodas in the world and is sold in almost every country. People love it for its classic taste and refreshing feel. Coca-Cola also releases special editions and new flavors, like cherry and vanilla, to keep things exciting.

    2. Diet co*ke:

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    Diet co*ke was introduced in 1982 as a lighter version of the original Coca-Cola. It quickly became popular because it has no sugar and fewer calories, which appeals to people who want to enjoy a cola taste without the extra calories. Diet co*ke has its own taste, which is different from the original co*ke. It is one of the top-selling diet sodas in the world and is loved by those who want a guilt-free treat.

    3. Sprite:

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    Sprite is a clear, lemon-lime soda that came out in 1961. It doesn’t have any caffeine, making it a refreshing choice for people who like bubbly drinks without the extra energy boost. Sprite is crisp and clean, perfect for drinking on its own or mixing with other drinks. It’s especially popular in the summer or with meals because of its light, refreshing taste. Sprite also comes in other flavors, like cherry and tropical, to suit different tastes.

    4. Fanta:

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (185)

    Fanta is known for its fruity, colorful sodas. It was first made during World War II and now offers many flavors around the world. Some popular flavors include orange, grape, and pineapple, but there are many more, depending on where you live. Fanta is very popular with younger people for its bright colors and fun flavors. The brand often has creative ads that make Fanta exciting and encourage people to try new flavors.

    5. Dr. Pepper:

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (186)

    Dr. Pepper has a unique flavor that is different from other sodas. It’s a mix of 23 flavors, giving it a taste that’s a little bit spicy and a little bit sweet. Dr. Pepper has been around since 1885, making it one of the oldest sodas still enjoyed today. While it’s not fully owned by Coca-Cola everywhere, Coca-Cola sells it in some places. Dr. Pepper is a favorite for people who want a soda that’s a bit different from the usual choices.

    6. Schweppes:

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    Schweppes is famous for its mixers like tonic water, club soda, and ginger ale. These drinks are often used in mixed drinks or enjoyed on their own for their special flavors. Schweppes has been around for over 200 years, making it one of the oldest drink brands. Schweppes Ginger Ale is loved for its sweet and spicy ginger flavor. It’s perfect on its own or mixed with other drinks to add a bit of zest.

    7. Barq's Root Beer:

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    Barq's Root Beer is a classic American drink with a bold, strong flavor. It has been a favorite since it was made in 1898. Unlike some other root beers that are smooth and creamy, Barq's has a sharper taste and contains caffeine, which is not common for root beers. This makes Barq's a unique choice for soda fans who want a little extra kick. It’s also great for making root beer floats or enjoying on a hot day.

    Juices and Waters

    Coca-Cola doesn’t just make sodas. They also have many brands that make juices and bottled water. These drinks are great for people who want something refreshing and healthy. Let’s look at some of these brands:

    8. Minute Maid:

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    Minute Maid is a well-known juice brand that has been around since 1945. It offers many kinds of fruit juices and juice drinks, from classic orange juice to fun blends like lemonade and fruit punch. Minute Maid uses high-quality fruit to make its juices, which is why they taste so fresh and delicious. This brand is a favorite for families and people who want a tasty and healthy drink. It’s also often used in smoothies and cooking for its natural fruit flavor.

    9. Simply Orange:

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    Simply Orange is a brand that focuses on making high-quality orange juice that tastes like freshly squeezed oranges. Launched in the early 2000s, it quickly became popular because it’s made without concentrate and uses real fruit. Simply Orange is known for its rich, smooth taste and is a great source of vitamin C. The brand also offers other fruit juices, like apple and lemonade, all made with the same commitment to quality and freshness.

    10. Powerade:

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    Powerade is a sports drink made to help people stay hydrated and full of energy during exercise. It contains electrolytes like sodium and potassium, which help replace what you lose when you sweat, and carbohydrates to give you energy. Powerade comes in many flavors, such as Mountain Berry Blast and Fruit Punch, and is often used by athletes and active people to stay refreshed and hydrated.

    11. Dasani:

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    Dasani is Coca-Cola’s brand of bottled water, introduced in 1999. It’s purified to make sure it’s clean and fresh, and they add minerals back in to give it a crisp taste. Dasani is available in different sizes and packaging options, making it a convenient choice for staying hydrated throughout the day. It’s also a popular choice for people who want a clean, refreshing water option that they can trust.

    12. Georgia:

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    Georgia is a coffee brand that is very popular in Japan and other parts of Asia. It offers a variety of ready-to-drink canned coffees, including milk coffee, black coffee, and espresso. Georgia is known for its smooth taste and convenience, making it great for busy people who want a quick, good coffee. The brand has a strong following in Japan, where coffee culture is very popular, and is expanding to other markets.

    13. Fruitopia:

    Fruitopia is a line of fruit-flavored drinks that became very popular in the 1990s. It was especially loved by teenagers and young adults for its unique flavors like strawberry passion awareness and citrus consciousness. Fruitopia combines fruit juices with exotic flavors, making it a fun and tasty choice. Although it’s less common today, it still has a nostalgic appeal for those who remember it from their youth.

    14. Del Valle:

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    Del Valle is a top juice brand in Latin America, known for its delicious and nutritious fruit juices and nectars. The brand offers many flavors, including mango, guava, and apple, catering to local tastes. Del Valle uses natural ingredients, making it a trusted choice for families who want a tasty and healthy drink.

    Tea and Coffee

    Coca-Cola also makes a variety of tea and coffee drinks. They have brands that suit different tastes, perfect for anyone who enjoys a nice cup of tea or coffee:

    15. Honest Tea:

    Honest Tea is known for its organic, low-sugar teas and juice drinks. The brand was started to offer healthier drink choices, and it has many flavors made from real tea leaves. Honest Tea is sweetened with organic cane sugar or honey, making it a good choice for people who want a refreshing, healthy drink without too much sugar. It comes in flavors like Honey Green Tea and Half & Half Lemonade Tea.

    16. Gold Peak:

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    Gold Peak offers a range of bottled iced teas that aim to taste like home-brewed tea. Made from high-quality tea leaves and simple ingredients, Gold Peak is known for its real, homemade taste. It’s available in flavors like Sweet Tea, Unsweetened Tea, and Green Tea, so there’s something for everyone. Gold Peak is perfect for tea lovers who want a convenient yet delicious drink.

    17. Fuze Tea:

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    Fuze Tea mixes tea with fruit flavors and other natural ingredients, creating a unique blend that offers a refreshing twist on regular iced tea. It comes in a variety of flavors, like lemon, peach, and green tea with mango. Fuze Tea is a great choice for people looking for a tasty, refreshing drink that is different from regular iced tea.

    18. Barista Brothers:

    Barista Brothers is a ready-to-drink coffee brand that offers flavors like iced coffee and iced chocolate. The brand aims to provide a coffee shop experience in a bottle, using high-quality coffee beans and rich, creamy milk. Barista Brothers is great for people who enjoy a creamy, sweet coffee drink but want something quick and easy.

    19. Costa Coffee:

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    Costa Coffee is a popular coffeehouse chain that Coca-Cola bought in 2019. It is known for its good coffee drinks, from classic espresso and cappuccino to cold brews and special drinks. Costa Coffee focuses on giving a great coffee experience, using good beans and expert barista skills to make the perfect cup. It’s a favorite for people who want a reliable, tasty coffee.

    Other Beverages

    Coca-Cola also owns some brands that make other types of drinks. These are great for people who want something different from the usual sodas, juices, or teas:

    20. Vitaminwater:

    Vitaminwater is a line of flavored water drinks with added vitamins and minerals. It is designed to provide hydration and a boost of important nutrients, like vitamins B and C. Vitaminwater comes in different flavors, such as kiwi-strawberry and acai-blueberry-pomegranate, offering a tasty way to stay hydrated and healthy.

    21. Smartwater:

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    Smartwater is a premium bottled water that uses a special process to purify the water. This gives Smartwater a clean, crisp taste. It also has added electrolytes for a smooth flavor. Smartwater is often chosen by those who want a higher-end bottled water experience, and it’s marketed as a smart choice for people who want to stay hydrated in style.

    22. Topo Chico:

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    Topo Chico is a sparkling mineral water that has become very popular recently, especially in Mexico and the southern United States. It’s known for its crisp, bubbly taste and is often used as a mixer in co*cktails or enjoyed on its own. Topo Chico’s special mineral content and refreshing bubbles have made it a favorite among those looking for a sparkling water with a bit more character.

    23. NOS Energy Drink:

    NOS is a high-caffeine energy drink that is made to give a quick energy boost. It’s popular among athletes, gamers, and anyone needing a burst of energy to stay alert and active. NOS comes in various flavors and is packed with B vitamins and other ingredients that help with energy, making it a strong choice in the energy drink market.

    24. Zico Coconut Water:

    Zico offers natural coconut water, known for its hydrating properties and light, refreshing taste. Made from 100% coconut water, Zico is a popular choice among health-conscious people looking for a natural way to stay hydrated, especially after exercise. It’s also great for those who enjoy a mild, tropical flavor in their drinks.

    As you can see, Coca-Cola is much more than just a soda company. They have a wide range of drinks for every taste, from classic sodas and refreshing juices to healthy teas, energizing coffees, and even hydrating waters. Whether you’re looking for something familiar or want to try something new, Coca-Cola has a brand that’s perfect for you. So next time you’re choosing a drink, take a closer look—you might discover a new favorite!

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    From Walnuts to Wine: How Chile and India Are Transforming Agricultural Trade in 2024

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    BY - Nandini Banerjee
    Managing Editor, IndianRetailer.com & Retailer Media / 11 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (202)

    Chile and India are deepening their strategic partnership, with a focus on expanding agricultural trade. The year 2023 saw bilateral trade between the two countries amount to an impressive $2,847 billion, with Chile exporting $560 million in goods and services to India. While much of this trade has historically focused on non-copper and non-lithium exports, the agricultural sector is emerging as a key area of growth and collaboration, with Chile exporting a diverse range of products to India, including fruits, nuts, and wines. As both countries seek to maximize their trade potential, several key initiatives are underway.

    Chile was the first country to establish a Partial Scope Agreement (PSA) with India, a partnership that began in 2007 and was expanded in 2017. This agreement now provides tariff preferences for 1,110 Chilean products entering the Indian market, setting the stage for further growth in agricultural exports.

    Agriculture: The Next Frontier

    Agricultural trade between Chile and India is a burgeoning opportunity, particularly in sectors such as walnuts, cherries, and kiwis. "Chile has a lot of opportunity to export more walnuts to India," remarked a senior official from the India’s Agriculture Ministry. He emphasized that both countries could benefit from complementing each other’s agricultural needs, exchanging seasonal produce and capitalizing on their respective expertise.

    This synergy extends beyond mere trade in commodities. He highlighted the potential for India to adopt Chile's advanced agricultural technologies, including blockchain and processing techniques, which could revolutionize India's horticultural sector. "If we can implement their technological know-how here, we have a lot of complementarities between the two countries," he stated, underscoring the mutual benefits of such collaborations.

    With an increasing number of Chileans adopting vegetarian and vegan diets, there is a growing demand for organic and plant-based foods. India, with its rich tradition of vegetarian cuisine and focus on organic farming, is well-positioned to meet this demand. "India has a good stake in vegetarian foods, and we can export quality products to Chile," the official noted, pointing out the natural alignment between the two countries in this area.

    Expanding Trade Through Strategic Agreements

    Chile is committed to significantly increasing its trade with India. "Our goal is to work towards a comprehensive free trade agreement that covers various areas, including cultural exchanges, university collaboration, technology, and innovation," explained Esteban Valenzuela, Chile's Minister of Agriculture. This agreement aims to address broader challenges such as climate change while enhancing trade relations.

    Chile has already established strong trade agreements with countries across the Americas, Europe, and North Asia, including China, Korea, and Japan. "We aim to achieve similar agreements with India," Valenzuela added. Despite being a relatively small country, Chile is a major player in the global food market, particularly in fruit exports. It stands as the second-largest exporter of fruit from the Southern Hemisphere to the Northern Hemisphere. This makes Chilean fruit highly sought after during the winter months in regions like Delhi and Kashmir.

    Leveraging Innovation

    Chile’s long-standing tradition of innovation and expertise in agriculture positions it well to supply high-quality produce. Current exports to India include a variety of products such as dry fruits, fruits, and wines. "We are well-equipped to supply high-quality fruit from our distant land," Valenzuela noted, emphasizing Chile’s capability to meet the demand for fresh produce in India.

    In terms of market share, Chilean imports into India are notable. Chile exports approximately $80 million worth of nuts annually, with total agricultural exports reaching around $160 million. This figure includes fresh fruit and forestry products. Additionally, Chile exports salmon and copper, though these are less significant compared to agricultural exports.

    Trade between Chile and India is currently balanced, with each country importing around $1.4 billion worth of goods from the other. Chile imports various products from India, including Mahindra pick-up trucks, textiles, medicine, and other goods. Conversely, India imports minerals, copper, lithium, wine, fruit, and fish products from Chile. However, there is significant room for growth in this trade relationship.

    "Current tariffs and trade barriers could be reduced or eliminated, which would potentially increase trade volumes significantly," Valenzuela suggested. For instance, some products face a 100 percent tariff, and there are no agreements in place for certain items. Chile aims to import Indian bananas, mangoes, milk, and cheese, while India needs to address outdated tariffs to facilitate smoother exports from Chile.

    Overcoming Logistics Challenges

    One of the major challenges in agricultural trade is ensuring the freshness of produce during transport. Chile has successfully tackled this issue with countries like China, Vietnam, Korea, Japan, Taiwan, and various European nations. "We have the technological capabilities to ensure the freshness of produce during transport," Valenzuela confirmed. Chile’s experience in navigation and air transport, combined with advanced ice control and phytosanitary measures, ensures that products reach their destination in excellent condition.

    Currently, it takes about one month to transport goods from Chile to China and approximately 40 days to India. Chile is actively working to improve this timeframe and enhance its logistical operations with India. "This year, we are focusing on increasing our trade volumes and optimizing our logistics to ensure that our fresh produce reaches India as quickly and efficiently as possible," Valenzuela added.

    The Chile Summit India 2024

    Recognizing the immense potential of this partnership, Chile has taken proactive steps to strengthen its ties with India. The Chile Summit India 2024, held in New Delhi, marked a significant milestone in the bilateral relationship. "We are at a time of great opportunities," declared Alberto Van Klaveren, Chile's Minister of Foreign Affairs. "India is not only one of the most dynamic economies in the world, but also a market with impressive cultural and economic diversity. Our nation is well-positioned to be a strategic partner in Latin America."

    The summit, organized by ProChile, Chile’s export promotion bureau, aimed to explore new avenues for trade cooperation, with a particular focus on agriculture, creative industries, and mining. It brought together key stakeholders from both countries, including government officials, business leaders, and representatives from the agrifood sector.

    Expanding Beyond Agriculture

    While agriculture remains a focal point, the Chile-India trade relationship is not limited to food products. ProChile’s General Director, Ignacio Fernandez, pointed out that Chilean exports to India have grown by nearly 1,000 percent since 2013, reflecting the diverse range of goods and services that Chile can offer. "We see a lot of potential in creative industries, where we want India to use Chile as a location for their films," Fernandez said, highlighting the appeal of Chile's scenic landscapes for Bollywood productions.

    Beyond the entertainment industry, Chile is also looking to expand its role in providing services related to agriculture and mining, sectors in which both countries have considerable expertise. Fernandez estimated that Chile has over $1.1 billion in export opportunities for products that India currently imports from other markets, presenting a significant growth opportunity for Chilean businesses.

    A Promising Future

    Chile’s initiatives to strengthen agricultural trade with India reflect a commitment to mutual growth and collaboration. By working towards a comprehensive free trade agreement, addressing tariff barriers, and overcoming logistical challenges, both countries stand to benefit significantly. The ongoing efforts to enhance trade relations and optimize supply chains are setting the stage for a more robust and prosperous partnership.

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    Top 10 Premium Cigar Brands in India: A Guide to the Finest Selections for Connoisseurs

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    BY - Saptopriya Ghosal
    Junior Writer / 27 MIN READ

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    Best Cigar brands in India: Cigars have always been regarded as tasteful and linked with the higher standards of living throughout the globe. Since the 20th century, almost all cigars have been made of three distinct components: The physical structure of the filling includes a filler, the binder leaf that provides support to the filler, as well as a wrapper leaf for looks as well as taste; it is usually the finest leaf. It can have a covering around the body of the cigar by a thin paper having the logo of the manufacturer written around it in the form of a ring known as a cigar band. Today’s cigars can come with two or even more labels pointing to specific characteristics, including the age and origin of tobacco used. This growing interest is due to the availability of cigar brands that are offered in the market, from Indian-made cigars to imported cigars. So here is a list of the best cigar brands accessible to help the people of India get an understanding of cigars.

    Overview of Cigar Brands in India

    The Indian cigar market comprises many brands which are aligned by taste, preference and price range. From locally-made cigars to those that are famous across the world, the choices available are endless. Some of the decisions that guide the choice of the best cigar brands include the frequency of cigar smokers using a given brand, the quality of tobacco used in making the cigars, workmanship, the prices offered, and customer feedback. Other aspects that we used to rank these brands include the background of the brands, the level of expertise put in the manufacturing process and the different flavors as well. While going through the top 10 cigar brands in India, these aspects of cigar brands are discussed to guide a proper choice.

    Top 10 Cigar Brands in India

    1. Cohiba

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    In 1968, the Cuban State Tobacco Marketing Bureau came up with the idea to name these cigars "Cohiba." The word Cohiba is the name the indigenous people of Cuba gave to the bunches of tobacco leaves they rolled up and smoked. The Cuban people already knew about the uses for tobacco and smoked it before the arrival of the Spanish in 1492. The first Cohiba cigars were dispatched from the El Laguito Factory in 1968. The first three cigars were the Lanceros, Corona Especial and Panatellas. Cohiba was launched as a premium cigar brand into markets outside of the US because of JFK’s embargo. The first cigars to be launched were the Coronas Especiales, Lanceros and Panetelas.

    • Key Features: Known for its premium quality tobacco sourced from Cuba’s Vuelta Abajo region, Cohiba cigars are hand-rolled and undergo an additional fermentation process, giving them a unique flavor profile.
    • Popular Products: Cohiba Robusto, Cohiba Behike 52.

    Also Check:8 Most Expensive Cigarette Brands in India in 2024

    Explore Top Tequila Brands in India: A Spirited Journey

    1. Montecristo

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    Another legendary Cuban brand, Montecristo, has been a favorite among cigar aficionados since 1935. The brand is known for its classic taste and quality. The brand was able to entrench itself as one of Cuba’s top lines and is now one of the most popular Cuban cigar brands in the world with a quarter of the market share.

    In addition to that, some Montecristo cigars are heralded as the best in the world with the Montecristo No. 4 being the best-selling cigar across the globe, as well as the No.2 being considered the gold standard cigar by many aficionados.

    • Key Features: Montecristo cigars are recognized for their medium to full-bodied flavor, with notes of spice, cocoa, and cedar.
    • Popular Products: Montecristo No. 2, Montecristo Open Eagle.

    Also Read:Top 10 Female Cigarette Brands in India [2024]

    10 Best Cigarette Brands in India to Know in 2024

    1. Davidoff

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    A Swiss brand known for its luxury appeal, Davidoff cigars are synonymous with elegance and sophistication. The brand was established in the early 20th century and has maintained its reputation for quality, but Originally founded as a cigar shop in 1911, Davidoff of Geneva has always been synonymous with premium quality. Originally focused on selling Cuban cigars, Zino Davidoff (who took over from his father, Henri Davidoff) was always looking to better serve his customers and improve the experience. It was this dedication to quality and customer experience that led Zino to create the desktop humidor, which allowed his customers to properly store many more cigars at home and thus purchase more cigars!

    • Key Features: Davidoff cigars are crafted using carefully selected tobacco from the Dominican Republic, Nicaragua, and other regions, known for their smooth, balanced flavors.
    • Popular Products: Davidoff Signature, Davidoff Nicaragua.

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    1. Romeo y Julieta

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    Named after Shakespeare's tragic loverswas founded by two men — Inocencio Alvarez and Manin Garcia. During the early days of the business between 1885 and 1900, the brand won numerous awards at many tasting exhibitions. These wins are proudly displayed on the brand’s logo.It’s known for its Cuban heritage dating back to 1875 and carries some of the finest cigars in current-day production. Romeo & Juliet’s story may have begun its public history in the Globe Theatre in London, but Romeo y Julieta started on that very popular tobacco-growing island in the Caribbean – the island of Cuba.

    • Key Features: Romeo y Julieta cigars are medium-bodied with flavors of chocolate, nuts, and coffee, appealing to a wide range of cigar smokers.
    • Popular Products: Romeo y Julieta No. 3, Romeo y Julieta Churchill.
    1. Indian Gentleman Corona Extra

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    Indian Gentleman Corona Extra is a popular Indian cigar brand known for its affordability and decent quality. The handcrafted cigar is made by skilled artisans who meticulously select and blend the finest tobacco leaves. The leaves are hand-rolled and aged in a humidified room to enhance their flavors and aromas. They are placed in a humidified room to mature and age, a process known as "ageing." This allows the flavors and aromas to meld together and intensify, creating a complex and nuanced smoking experience. The result is a premium cigar that represents the pinnacle of craftsmanship and expertise, a product that is truly one of a kind.

    • Key Features: Offers a mild to medium flavor profile with a smooth and balanced draw, featuring hints of wood and earth.
    • Popular Products: Indian Gentleman Corona Extra.
    1. Partagás

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    Partagás is one of the oldest and most prestigious and oldest cigar brands. It is known for its full-bodied cigars. It and was established in 1845 by Don Jaime Partagás y Ravelo, a Catalonian immigrant. He set up his factory in Havana after acquiring numerous top-quality tobacco plantations in Vuelta Abajo, Pinar del Rio, a renowned tobacco-growing region in western Cuba. Known for his expertise in blending and fermentation, Don Jaime was also the first to hire a lector to read to workers while they rolled cigars.

    • Key Features: Partagás cigars are known for their rich, earthy flavors with notes of spice and pepper.
    • Popular Products: Partagás Serie D No. 4, Partagás Lusitanias.
    1. H. Upmann

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    A Cuban brand with a long history dating back to 1844, H. Upmann is favored for its mild to medium-bodied cigars. When German banker Hermann Dietrich Upmann entered the cigar industry in Havana, Cuba. Recognizing the potential of Cuban tobacco, Upmann established a banking business for tobacco dealers and manufacturers and later acquired a local cigar factory. This move led to the creation of the H. Upmann brand, known for its quality and distinctive flavor.

    • Key Features: Known for its creamy texture and hints of cedar, nuts, and leather.
    • Popular Products: H. Upmann Magnum 46, H. Upmann Half Corona.
    1. Arturo Fuente

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    A Dominican brand, Arturo Fuente is well-regarded for its high-quality craftsmanship and variety of blends. The brand was born in Güines, Cuba, in 1888 and emigrated to Tampa, Florida, at the age of 12 after the Spanish-American War. Seeing a need for fresh, hand-rolled cigars, Arturo began importing Cuban tobacco and rolling cigars, which quickly gained popularity. This success led him to hire workers, and in 1912, he established A. Fuente & Co. in a three-story factory. It left a lasting impression that guided a nearly two-decade, insatiable, never-ending quest for cigar knowledge. Back in 1995, during the height of the Cigar Boom, premium, established cigar brands were as difficult to come by as hen’s teeth.

    • Key Features: Offers a range of flavors from mild to full-bodied, with notes of cedar, nuts, and spice.
    • Popular Products: Arturo Fuente Opus X, Arturo Fuente Hemingway.
    1. King Edward

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    A classic American brand, King Edward cigars are known for their affordability and mild flavor, making them a good option for beginners. King Edward Cigars is named after King Edward VII, who lifted the smoking ban imposed by Queen Victoria with his famous declaration, "Gentlemen, you may smoke." This solidified his place in cigar history. Today, King Edward Cigars are renowned for its high-quality tobacco, offering a mild flavor and smooth smoking experience. These American-made cigars feature slow-aged filler tobaccos wrapped in 100% natural leaf wrappers and are available in 60 countries in packs of 5 or 50-box sets. Owned by Swisher International, the brand focuses on serving its loyal customers rather than shifting to a premium market, making Swisher the second most profitable cigar company after Altadis.

    • Key Features: Mild flavor profile with a smooth, easy draw.
    • Popular Products: King Edward Imperial.
    1. Alec Bradley

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    An American brand established in 1996, Alec Bradley has quickly risen to prominence for its high-quality, full-bodied cigars. Alan Rubin entered the cigar industry in 1996, just as the cigar boom was winding down. From the start, he made it a family endeavour, naming the company after his sons, Alec and Bradley. Despite facing challenges during the early 2000s, the brand persevered and found its footing after 2007, thanks to the incorporation of a rich blend of Honduran tobaccos from Trojes. Today, Alec Bradley is known for producing some of the finest premium cigars available.

    • Key Features: Offers complex flavors with notes of pepper, cocoa, and earth.
    • Popular Products: Alec Bradley Prensado, Alec Bradley Black Market.

    Factors to Consider When Choosing a Cigar

    • Quality and craftsmanship: The quality of tobacco and the craftsmanship involved in rolling a cigar are critical factors. Look for brands that are known for their meticulous attention to detail and the use of high-quality tobacco leaves.
    • Flavor Profiles: Different cigars offer a range of flavors, from mild and creamy to strong and spicy. Choose based on your personal taste preferences.
    • Price and affordability: The cost of cigars can vary significantly, but the starting price of cigars in India is from Rs 500 and goes up to Rs 144,679, which is the highest rate of a Davidoff Oro Blanco Single Cigar, the most premium cigar.
    • Availability in India: Not all brands are readily available across India. Consider the ease of finding your preferred cigar, whether in shops near you or if you want to buy online here are some sites like Cigar Club India, Cigarindia.in, Cigar Conexion, and Charli’s Cigar; these are some official websites from where you can buy cigars online.

    Final Words:

    At Indian Retailer, we explore the world of cigars, which can be a delightful journey, especially with the diverse range of options available in India. From iconic Cuban brands like Cohiba and Montecristo to premium international options like Davidoff and Alec Bradley, there is something for every taste and preference. As you venture into this realm, consider experimenting with different brands and flavors to discover your personal favorite.

    FAQs

    What are the best cigar brands available in India?
    In India, some of the best cigar brands available include Davidoff, Montecristo, Cohiba, Romeo y Julieta, and Arturo Fuente. These brands are renowned for their high quality and distinctive flavors, catering to both new and experienced cigar enthusiasts.

    How do I choose the right cigar for me?
    When choosing the right cigar, consider factors such as flavor profile (mild, medium, or full-bodied), size (which affects the duration of the smoke), and personal preference for wrapper types (like Connecticut, Maduro, or Habano). It's advisable to start with a milder cigar if you are new to smoking and gradually explore stronger options as you become more accustomed to the flavors.

    Are Cuban cigars available in India, and where can I buy them?
    Yes, Cuban cigars are available in India, though they can be quite expensive due to import duties and limited availability. You can find them at premium cigar shops in major cities like Mumbai, Delhi, and Bangalore, or through authorized online retailers specializing in high-end cigars.

    What is the price range for premium cigars in India?
    The price range for premium cigars in India varies significantly, with a single cigar costing anywhere from Rs 1,000 to over Rs 5,000, depending on the brand, origin, and rarity. For collectors and connoisseurs, box prices can range from Rs 20,000 to over Rs 1,00,000.

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    Rs 3,06,848 Crore Revenue Milestone! How Reliance Retail is Dominating India’s Retail Market with 17.8% Growth

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    BY - Nandini Banerjee
    Managing Editor, IndianRetailer.com & Retailer Media / 13 MIN READ

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    India’s retail market is skyrocketing! With a colossal $951 billion valuation in 2023, India is now among the top five global retail markets. What's behind this explosive growth? Rapid urbanization, higher incomes, and a young, ambitious population are driving this retail revolution. By 2030, India is projected to become the world’s third-largest retail market, thanks to evolving consumer trends and the soaring demand for premium and luxury products.

    And leading this retail charge is none other than Reliance Retail – India’s retail titan! Dominating every sector from electronics to fashion, groceries to connectivity, Reliance Retail’s massive network of 18,836 stores and robust digital platforms is reshaping the way Indians shop. Prepare to witness the future of retail as Reliance leads the charge, revolutionizing consumer experiences and turning the retail landscape upside down!

    Reliance Retail’s financial performance in the past year has been nothing short of remarkable. The company reported gross revenue of ₹3,06,848 crore, marking a 17.8 percent increase from the previous year. This growth was accompanied by a substantial rise in EBITDA, which reached ₹23,082 crore, reflecting a 28.4 percent year-on-year improvement. The EBITDA margin also saw a boost, increasing by 70 basis points to 8.5 percent.

    The company’s store network expanded significantly, with the addition of 1,840 new stores, bringing the total retail space to 79.1 million square feet. Over the year, Reliance Retail witnessed over a billion footfalls, a testament to its strong consumer connect and growing market presence. Additionally, the registered customer base crossed the 300 million mark, reinforcing Reliance Retail’s position as one of the most preferred retailers in the country.

    Strategic partnerships and acquisitions have been key to Reliance Retail’s expansion strategy. Notable acquisitions include the Sephora India franchise, IP rights for Superdry across India, Sri Lanka, and Bangladesh, as well as Kiko Milano’s India business. The company also acquired a majority stake in Ed-a-Mama, enhancing its product offerings and market reach.

    Mukesh Ambani, Chairman and Managing Director, Reliance Industries, firmly believes in the potential of India’s retail market. “As India’s largest retailer, Reliance Retail is perfectly positioned to serve the consumption needs of our fast-growing economy. With our all-encompassing range of products, we have become an integral part of the lives of our consumers across the nation. Our New Commerce initiative is also playing an important role in supporting small indigenous merchants and kirana shop owners – the very backbone of the retail supply chain of our nation,” he shares.

    This year saw the launch of the first ‘Swadesh’ store, a unique format dedicated to promoting traditional Indian art forms and artisans. The initiative reflects Reliance Retail’s belief that India’s age-old crafts stand shoulder to shoulder with global brands, a sentiment that has been validated by the overwhelming response to these stores. “The world is now realizing the enormous potential of India. ‘Invest in India’ is being advocated globally. Reliance Retail’s vision of inclusive development for millions of consumers and merchants, coupled with unprecedented growth of the Indian marketplace, has resulted in marquee names investing in RRVL at a $100 billion valuation milestone,” Ambani adds.

    Sectoral Highlights: Grocery, Fashion, and Electronics

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    Reliance Retail has firmly established itself as a leader across multiple retail segments. The grocery sector, for instance, delivered steady performance, driven by increased footfalls and rising bill values. The acquisition of Metro India, a significant move in the grocery segment, has been seamlessly integrated into the company’s new commerce business, providing an omnichannel experience for B2B customers and merchant partners.

    The fashion and lifestyle segment is another area where Reliance Retail has made significant strides. With a focus on catering to diverse customer segments, the company operates a variety of store formats, including the youth-focused ‘Yousta’ and the premium brand-focused ‘AJIO Luxe,’ which now boasts a portfolio of over 600 brands. The new ‘Swadesh’ store format underscores Reliance Retail’s commitment to celebrating India’s traditions, while the jewels business continues to grow, offering collections inspired by the country’s rich heritage.

    Reliance Retail is also a dominant player in the consumer electronics market. Its Reliance Digital and MyJio stores offer a differentiated value proposition, combining a strong in-store experience with an extensive product assortment. The New Commerce business, led by JioMart Digital (JMD), has seen continued growth, expanding its merchant partner base and reinforcing Reliance Retail’s leadership in this sector.

    Innovation in Omnichannel Retail

    • Reliance Retail’s success can be attributed to its ability to innovate and adapt to changing consumer needs. The company has embraced an omni-channel retail strategy, integrating its physical stores with digital platforms to offer a seamless shopping experience. This strategy has been particularly evident in the beauty segment, with the launch of Tira, Reliance Retail’s omni-channel beauty retail platform. Tira’s rapid expansion, both in terms of its digital and physical presence, reflects Reliance Retail’s commitment to meeting evolving consumer demands.
    • JioMart, the company’s leading horizontal digital commerce platform, has also been a key driver of growth. By simplifying and enhancing the shopping experience for millions of customers, JioMart has steadily expanded its catalogue and increased average order values. The platform’s focus on customer experience has led to several enhancements, such as improved product search capabilities and faster return pickups for fashion products.
    • Milkbasket, another key offering from Reliance Retail, provides a subscription-oriented service that ensures the timely delivery of essential products to households. This service has resonated well with customers seeking convenience and reliability in their daily shopping routines.

    Strengthening the Supply Chain

    Behind Reliance Retail’s success lies a robust supply chain ecosystem, involving partnerships with MSMEs, national and international suppliers, and a vast logistics network that ensures products are delivered across the country. Leveraging customer insights, analytics, and technology, the company has been able to build strong brands and deliver exceptional customer experiences.

    Reliance Retail has also invested heavily in enhancing its customer service capabilities. Initiatives such as the Trial Room Champs program, which focuses on improving the trial room experience, and the ROMA application, which reduces complaint turnaround time, have contributed to a higher Net Promoter Score (NPS) for the company’s various formats. AJIO, in particular, saw an 11-point improvement in its NPS, thanks to innovations in delivery turnaround times, chatbot capabilities, and seamless customer care experiences.

    Strategic Joint Ventures

    Reliance Retail’s influence extends beyond the traditional retail space. The company recently announced a strategic joint venture with Viacom18 and The Walt Disney Company (Disney), combining the businesses of Viacom18 and Star India Private Limited. This joint venture is set to become one of the leading TV and digital streaming platforms in India, bringing together iconic media assets across entertainment and sports. Reliance Retail’s investment of ₹11,500 crore in this JV underscores its commitment to driving growth across diverse sectors.

    The partnership with Disney, which will see Reliance Retail increase its stake in Viacom18 to 70.49 percent, will give the company control over a significant portion of India’s entertainment and sports content, positioning it as a dominant player in the digital streaming space.

    Scaling New Heights

    Looking ahead, Reliance Retail is poised to continue its growth journey by capitalizing on several emerging opportunities. These include strengthening its end-to-end value chain to tap into the fast fashion market, scaling up its own brands and formats, and meeting the growing demand for premium and luxury products in India. However, the company will also need to navigate challenges such as macroeconomic impacts on consumer sentiments and the limited availability of quality real estate.

    Despite these challenges, Reliance Retail’s strengths—its omnichannel retail capabilities, innovative product design, extensive sourcing ecosystem, and cutting-edge customer insights—position it well for future growth. The company’s portfolio of brands, including ‘Campa’ and ‘Independence’, has received strong traction from trade channels and consumers, while new launches like ‘Necto’ and ‘Brew House’ continue to strengthen its offerings.

    Additionally, Isha Ambani announced their plans to foray into the luxury jewelry market."In jewelry, there are ambitious plans to enter the luxury jewelry segment with a curated design-led experience. It will help in exploring the fashion jewelry and accessory segment to broaden our market reach," she said. This strategic shift will position Reliance Retail to compete with modern players like Tata's Zoya and other established legacy brands. Currently, their Reliance Jewels caters to the mass market.

    Reliance Retail remains focused on its vision of inclusive development and sustainable growth. With over 1.2 billion customer transactions annually, the company is well on its way to becoming a global retail giant, driving India’s retail market forward and contributing to the nation’s economic success.

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    Explore Top Tequila Brands in India: A Spirited Journey

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    BY - Ria Duneja
    MT Editorial / 20 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (222)

    Tequila is gaining the attention of Indians. Over the past five years, the yearly growth rate of tequila consumption in India has exceeded 12 percent. It was customary for Indians to choose cognac or whiskey, but tequila is becoming a popular option today. Maguey, another name for the agave plant, is cooked and fermented. The juice of the agave plant is used to make tequila. Depending on how long it is aged, this adaptable spirit may be savored straight or in traditional co*cktails.

    Here we've done the difficult part for you. So you don't have to go through this tiresome process of finding the right tequila to pair it up with perfectly sliced lemons and some salt. Tequila has changed from being a controversial shot to a chic and elegant spirit that can uplift any occasion.

    Top 5 Tequila Brands in India

    Like other liquors, there are several brands of tequila to select from. Choosing the correct brand for the appropriate occasion may be difficult when you're browsing the liquor aisle. To assist you in making a decision, our comprehensive guide to tequila lists some of the top brands below.

    1. Sierra - Sweetness in Every Sip

    Sierra Tequila is produced in Sierra distillery, which is located in Guadalajara, the capital city of Jalisco, Mexico. The excellent tequila is distilled by a master distiller of third generation, carrying on the traditions of his forebears. The Tequila brand was introduced in 1981 and has since grown to dominate the European market.

    Sierra a top tequila brand in India combines premium sugars from Mexican, sugar cane and 51 percent sugars from agave for Sierra Tequila. The combination tequila a strong yet well-rounded flavor profile. If you enjoy drinking Tequila straight as a shot, this is the best option. The pure flavor of agave is combined with an assertive flavor profile in Tequila 100 percent de agave. If you enjoy making delicious Tequila co*cktails, such as Margaritas, and you want the agave notes to be prominent, this is the ideal Tequila.

    Sierra Tequila may now be purchased with a significantly less carbon impact in more than 90 locations throughout the globe. Bottled solely in Mexico is Sierra Antiguo. Tequilas made entirely of agave are required by law to be bottled in Mexico.

    It continues to create its well-known agave bite and cheeky party energy while crafting smooth sipping tequilas.When customers request Tequila shots, Sierra Tequila Blanco and Sierra Tequila Reposado are the best options because of their robust and well-balanced flavor profiles, which come from a combination of ripe agave and Mexican sugar cane.

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    1. Jose Cuervo - For Exploring Varities

    It was 1758 when José Antonio de Cuervo was permitted by the King of Spain to arrive at the Mexican town of Tequila.

    Millions of agave plants were grown from hundreds by José Antonio de Cuervo at the La Rojena Distillery. Its barrels were exported to California in 1852 as the result of this manufacture. Jose Cuervo broke records by becoming the first company to bottle tequila on its own by creating sophisticated distillery equipment for the era.

    Jose Cuervo tequilas are available in several variations, such as Especial Gold and Especial Silver, and are manufactured entirely of agave. Extra Gold is a light gold-colored combination of younger tequilas with a sweet agave taste and subtle notes of wood and vanilla. It tastes good and is frequently added to margaritas. Extra Special Silver is a double-distilled tequila brewed with blue agave. It tastes clear and crisp with a hint of agave and a toasty aftertaste.

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    1. El Capo - Made With Hand Picked Agave

    Tequilera Newton, the home of Tequila El Capo, is regarded as one of most prosperous and ancient distilleries. El Capo Tequila was one of the best products ever made when it was first established in 1941. It was made from hand-selected Blue Agave then aged, bottled, and distilled using special, age-old methods.

    El Capo tequila has a mild evaporation, citrus, pepper, and vanilla flavors with a hint of vanilla on the finish. It smells like vegetables and has wonderful acidity on the taste. It looks and aroma reveals something about its quality. A good tequila should smell nice, with agave, citrus, and spice overtones. It should also be bright and clear. It should also have no overbearing or bitter overtones and be balanced and smooth.

    Reposado, Platinum, and Anejo are just a few of the tequilas distilled by El Capo.Reposado is light gold tequila manufactured entirely out of agave from the Highlands of Jalisco. It is aged for two years in American oak barrels. It tastes like vanilla, white chocolate, and cinnamon, and it smells like berries. Platinum is another type which is bottled immediately after distillation, smells like lemon and lime. Anejo has a 40 percent alcohol.

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    1. Patron - Different Barrels Different Taste

    Patron is a premium tequila brand. Made by hand in the Mexican Highlands of Jalisco. Depending on the kind of tequila, the barrels used to mature the 100 percent blue weber agave are aged for varying amounts of time.

    Patrick is smooth with notes of wood and has been aged for at least two months. It has a mild amber tint. Patron Anejo is matured for more than a year. Patrón Extra Anejo is kept for minimum three years for aging. Patrón is renowned for its excellent quality, gentle fermentation, and for lack of alcohol burn compared to other spirits. The company sells a range of tequilas, such as:

    • Patrón Silver: A combination of two triple-distilled tequilas, one fermented with agave fibers and produced with a traditional tahona. The most well-known product from Patrón is Silver, which goes great with co*cktails, particularly when combined with fresh fruit.
    • Gran Patron: The line of extremely premium tequilas from Patrón.
    • Patron's oldest tequila, Anejo, has been matured for seven years.

    You may drink Patron tequilas on the rocks, straight up, shaken or mixed with ice, or slightly chilled.

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    1. Don Julio - For All Taste Buds

    The brand's history started in 1942 when Don Julio Gonzalez saw a once-in-a-lifetime opportunity in the tequila industry. The sunny days, mild nights, and rich clay soil of the Jaliscan Highland provide the ideal atmosphere for blue agave growing.

    Rather than harvesting large fields of agave at one time, the process is started by gathering plant-by-plant agave, evaluating its age and health with precision. In order to enhance the caliber of the yield, they meticulously choose and evenly chop the agave pencas (leaves) from the pina

    Don Julio is a reputed tequila brand know for its resposado which is made in a golden amber in color with a smooth, sophisticated flavor that has been aged for eight months in American white oak barrels. It tastes finest cold, either in a co*cktail or on the rocks. Don Julio 1942 is 2.5-year-aged tequila that smells richof caramel and chocolate and tastes of roasted agave, vanilla, and toasty oak. It finishes with a hint of vanilla and wood. Cristalino Don Julio 70 has a crisp scent and characteristic Anejo notes, this tequila has been aged for 18 months and filtered through charcoal. It tastes smooth with notes of vanilla, honey, and toasted oak, and it leaves a clean, toasty, and clean oak aftertaste.

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    Types of Tequila

    • Blanco/Silver/Plata Tequila - Matured for up to 60 days in a barrel, although often it passes from the still to a bottle via a stainless steel tank. Blancos is translucent due to the lack of aging process, and it also has a harsh taste that some find off-putting.
    • Joven/Gold Tequila - A blended scotch-like tequila made from a mix of matured and unaged blanco. Compared to blanco tequila, the maturing process gives it a smoother, more nuanced flavor.
    • Reposado Tequila - The word reposado means "rested," it is kept in a barrel for two to eleven months. In Mexico, this is the most popular type of tequila to drink.
    • Anejo Tequila - Aged in an oak barrel for one to three years. While any kind of hardwood barrel can be utilized, French oak and used American whiskey barrels are the most popular. Anejos frequently include a lot of tastes that are typically associated with bourbon, such as vanilla and brown sugar.
    • Muy Anejo Tequila - Tequila labeled as Muy Anejo needs to be matured in a barrel with a maximum capacity of 600 liters for at least three years. This adds caramel, vanilla, and oak aromas that soften the spirit and make it perfect for sipping.

    3 considerations when choosing a Tequila Brand

    1. Verify Label - Any product using the name "tequila" ought to give the customer some fundamental details on the product's legitimacy and quality. The origin, the makers address, and a certification stamp should all be included on the bottle. The location is important since real tequila can only be produced in a few states of Mexican states - Michoacan, Nayarit, Guanajuato, and Tamaulipas, or in the state of Jalisco.
    2. Buy 100 percent Agave Tequila - Tequila has to be prepared only from blue agave and come from Jalisco a state in Mexico. Any agave-based liquor, such as raicilla and sotol, is considered mezcal; over thirty different varieties of agave may be used to make it. To enjoy the the supreme essence of pure tequila, ensure to check for 100 percent agave one.
    3. No Need to Break your Bank - You don't have to spend a lot of money for a good marg. (But it doesn't imply that pricey, premium tequilas aren't worth the money; many of them are.) Many good tequilas are accessible in India, and they're not even very ostentatious or pricey.

    Best Ways to Enjoy Your Tequila

    1. Have It as It Is - Neat

    Order it straight if you want the full tequila experience. Nothing fancy, no ice. Just a vast array of tastes and scents to savor with every drink.

    Drinking it neat enables you to fully appreciate every flavor and nuance of your tequila. In contrast to the majority of other Silver or Blanco tequilas available today that are too harsh and biting to drink on their own. For the smoothest, most delicious sipping experience ever, Reposado and Anejo are also enjoyable to drink, with the oak aging contributing subtle aromas.

    1. With the Cubes - On the Rocks

    One of the most traditional methods to savor tequila's tastes is to pour this fine spirit into a lowball or single or double rocks glass with a few ice cubes.

    This splash of water, chilled with ice, serves to balance out the many scents and enhance your appreciation of the other subtleties in the beverage. To get the same result without ice, you may alternatively add a few drops of water to the beverage.

    1. Add Some Citrus - Mix With Fruits

    It is claime that adding salt, lime, or other citrus flavors to tequila can improve its flavor, on the other hand, doing so distorts and hides it. If you enjoy your drink with a fruit accompaniment, experiment with different types of fruit to enhance the tastes in unique ways. For instance, an orange slice will offer you a whole different crisp, refreshing taste, while pineapple might bring out more sweet overtones.

    Final Word

    Tequila, once known primarily for its strong bite and association with lively parties, has evolved into a versatile and refined spirit that is gaining popularity in India. As more Indians discover the complexities and delights of this agave-based spirit, tequila is poised to become a staple in the Indian market. So next time you're at a gathering or simply enjoying a quiet evening at home, consider raising a glass of tequila and savoring the intricate flavors and craftsmanship that go into every bottle. Cheers!

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    Navigating India’s Retail Market – The Way Ahead

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    BY - Guest author
    / 6 MIN READ

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    The dynamism of the Indian retail sector is unprecedented. India has already become the fourth largest retail market in the world. According to government data, the country’s retail market is expected to reach $1.1 trillion by 2027. Flourishing middle class, changing consumer preferences, and the government’s initiative of digital payments are contributing to the said retail market growth. This is generating interest among multinational retailers to enter, establish, and expand in India.

    Indian retailing is distinct due to its perceived two-pronged nature, which has two opposing market forces acting at the same time. One represented by modern trade (MT), which is the centralized nature of business. The second is characterized by traditional trade (TT) or general trade—the distributed, localized, and unorganized nature of business dominated by kirana (mom-and-pop) stores.

    MT, with its centralized procurement and optimized processes, tends to be better placed when it comes to penetrating in growing markets, as compared to TT with its small enterprise construct. The Indian government is facilitating Foreign Direct Investments (FDI) in retail, presenting MT retailers a means to raise capital. MT offers great ambience and steeper discounts, while TT provides customer intimacy with features such as free home delivery and credit.

    Busting cities ensure ever-increasing rents, making real estate expensive for MT retailers who typically have large stores. Sales of standard pack sizes by MT players get impacted as they can become unaffordable for certain customer cohorts, whereas TT retailers have flexibility in offering customized sizes as per people’s affordability. The cost of labor is higher in MT owing to its professional management, while TT typically employs family members.

    In the India context, can MT win over TT? is a question that is relevant and highly debated. Besides the prominent features of distinction between MT and TT, the success of retailers in a mature market such as the US can help MT retailers in India pave their way to positive outcomes. American retailer Costco’s growth shows that giving importance to all three stakeholders of a company—owners, employees, and customers—can drive success in a highly competitive market.

    In addition to studying the success of MT retailers in the US, tweaking MT concepts and processes for India is a must-have factor. Building a synergistic relationship with TT retailers to grow their market share is a significant factor that smart MT players have been adopting. However, many are missing it too. Thus, MT retailers are riding on the TT’s last-mile delivery as well as customer intimacy to introduce newer categories to the end consumer. For example, Reliance Retail’s JioMart has roped in Kirana stores as franchise partners to leverage their network and boost sales. Amazon.com aims to tap a total of 9.3 lakh kirana partners in India by 2025, ensuring faster and seamless last-mile delivery.

    The success of MT in India is rooted in three important factors. First, retailers must tweak MT’s concepts and processes to suit the Indian market environment. Secondly, prioritizing all three stakeholders—owners, customers, and employees—needs to be the norm rather than an exception. And lastly, a synergistic and collaborative relationship with traditional retailers, or local kirana stores, is key for augmenting market share and setting businesses on a growth trajectory.

    Authored By

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    Nilesh Joshi, Senior Director, CPR – North America, Capgemini

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (232)

    Abdul Sajad, Vice President and Head of CPR and Services Delivery – North America, Capgemini

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    Is Discovery Commerce the Key to Unlocking Gen Z’s Shopping Habits in India?

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    BY - Aritra Ghosh
    Features Writer, IndianRetailer.com & Retailer Media / 14 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (235)

    In today’s digital landscape, where consumers are constantly inundated with options, the traditional shopping journey has evolved. The rise of discovery commerce is transforming how brands connect with customers, enabling them to seamlessly integrate inspiration with shopping. It’s no longer just about searching for a product; it’s about discovering it in unexpected, engaging ways. This new approach is quickly redefining the rules of e-commerce and retail, driven by personalized, shoppable experiences.

    With platforms like Roposo leading the charge, and brands such as Urbanic, Virgio and Brand Studio Lifestyle capitalizing on its immense potential, discovery commerce has emerged as a powerful force reshaping how consumers find and purchase products.

    The Rise of Discovery Commerce

    At its core, discovery commerce allows consumers to stumble upon products through curated content that aligns with their interests and tastes. Unlike traditional commerce, which requires an active search, this approach encourages users to discover products organically, often through entertainment or social media platforms.

    Discovery commerce has proven particularly effective in fashion and lifestyle segments, where the desire for novelty and trends drives purchase behavior. As Amar Nagaram, Founder & CEO of Virgio, explains, "Our focus on discovery commerce has been instrumental in enhancing our brand's presence and driving business growth. By leveraging personalized content, we ensure our products reach the right audience at the right time. This targeted approach has significantly boosted our visibility and conversion rates."

    For brands like Virgio, which caters to trend-conscious Gen Z consumers, discovery commerce offers a unique advantage. It transforms the shopping journey from a transactional experience to an interactive one, allowing brands to quickly adapt to emerging trends and foster deeper connections with their audiences.

    How Discovery Commerce Works

    Discovery commerce is built around personalized, relevant content that guides users from inspiration to purchase. Platforms like Roposo have pioneered the "shoppertainment" model, which merges entertainment with commerce. By offering engaging content, such as fashion hauls, makeup tutorials, and skits, these platforms make product discovery feel natural and effortless.

    According to Mansi Jain, Senior Vice President & GM of Roposo, "At Roposo, we’ve seen the tremendous potential of discovery commerce in driving engagement and transactions. Our platform thrives on creating a sense of community, where users can discover products they love through content that resonates with them. The shoppertainment model encourages impulsive purchase decisions while keeping the user engaged.”

    Roposo integrates its discovery commerce experience seamlessly into the Glance ecosystem, a smart lock screen platform that delivers curated content directly to users’ phones. By eliminating friction between inspiration and purchase, Roposo has helped brands tap into the massive potential of spontaneous, unplanned shopping.

    Success with Discovery Commerce

    One of the key players benefiting from discovery commerce is Virgio. Known for its rapid adaptation to the latest fashion trends, Virgio uses a highly personalized approach to connect with customers, leveraging content that mirrors the ever-changing preferences of its Gen Z audience.

    "The key advantages we've found include our ability to quickly adapt to emerging trends," notes Nagaram. "By delivering styles that align with customer preferences, we’ve fostered deeper connections, which has allowed us to stay ahead in the fast-paced fashion industry."

    Through discovery commerce, Virgio has also seen a significant improvement in its conversion rates, as customers are more likely to engage with products that reflect their personal style. This ability to match product offerings with consumer tastes has given the brand a competitive edge, allowing it to consistently deliver what customers want, when they want it.

    From Inspiration to Purchase

    Leveraging discovery and live commerce, Urbanic has seen significant success in enhancing its brand presence and driving business growth. Rahul Dayama, Founding Partner at Urbanic, explains, "Urbanic has achieved strong performance with Discovery, significantly enhancing our brand presence and driving business growth. Social media platforms have been essential to this success, allowing us to reach and engage a broad audience."

    Urbanic’s influencer community plays a vital role in this success. Dayama continues, "Our inclusive influencer community helps us create various types of content, such as product showcases, styling tips, and user-generated content, making the brand more relatable and engaging. By interacting with our community in real time and responding to feedback, we gain valuable insights that help us refine our offerings." This community-driven approach increases product engagement and strengthens connections with consumers, fueling Urbanic’s continued growth.

    Converting Impulse to Intent

    Another brand that has embraced the discovery commerce model is Brand Studio Lifestyle, a D2C fashion brand that caters to Gen Z customers. According to Sathish Kumar, Chief Creative & Digital Communications Officer, Head of D2C at Brand Studio Lifestyle, the brand’s success with discovery commerce lies in its ability to convert impulse-driven interactions into actual sales.

    "Much of our approach in targeting Gen Z customers is based on discovery commerce. This cohort likes to discover and adopt based on their affinity and peer recommendations. The use of social media and search are crucial in this aspect, helping us convert impulse into intent," says Kumar.

    By creating relatable, engaging content, Brand Studio Lifestyle taps into the authenticity that resonates with today’s consumers. This approach not only drives product discovery but also helps the brand connect with its audience on a deeper, more personal level. While the brand has yet to fully dive into live commerce, it has seen strong traction on major fashion marketplaces through this model.

    The Role of Technology and Personalization

    One of the defining features of discovery commerce is its reliance on cutting-edge technology, particularly AI and data analytics. Platforms like Roposo use AI-powered algorithms to recommend products that align with each user’s individual tastes, creating a personalized shopping experience that feels both intuitive and seamless.

    This level of personalization is key to keeping consumers engaged, as it allows brands to offer products that are not only relevant but also tailored to the customer’s evolving preferences. Mansi Jain of Roposo notes, "We continuously analyze purchasing patterns to personalize our offerings, ensuring a highly individualized experience. By striking the right balance between pricing and relevance, we’re able to drive stronger purchase decisions and enhance user engagement."

    For brands like Virgio and Brand Studio Lifestyle, this technology-driven approach provides a competitive advantage, allowing them to reach consumers with precision and relevance. It’s a strategy that not only boosts engagement but also positions these brands as leaders in the fast-changing retail landscape.

    The Future of Discovery Commerce

    As discovery commerce continues to grow, its influence on the retail industry is set to expand. In markets like India, where digital adoption is rapidly increasing, discovery commerce is poised to account for a significant portion of online sales, particularly among younger, tech-savvy consumers.

    According to a BCG-TikTok study, shoppertainment – the intersection of shopping and entertainment – represents a $1 trillion opportunity in APAC, a figure that underscores the immense potential of discovery commerce.

    For platforms like Roposo, the future lies in making the content-to-commerce journey even more seamless. Jain explains, "We’re at the forefront of this shift, with a vision for users to adopt AI for video content creation. By simplifying the production of shoppable videos, we’re making it easier for brands to embrace shoppertainment while reducing costs and expanding reach."

    Staying Ahead in a Competitive Market

    With multiple players vying for attention in the discovery commerce space, differentiation is key. Brands like Urbanic, Virgio and Brand Studio Lifestyle have found success by offering unique, trend-driven experiences that resonate with their target audiences. Meanwhile, platforms like Roposo continue to innovate, integrating new features and partnerships that keep users engaged and drive transactions.

    Moreover, Urbanic has found that collaborating with a vibrant community of influencers has been a key advantage for the brand. "These influencers help us reach diverse audiences by localizing our messaging, making it more relevant and accessible to different segments. Their ability to adapt our content to their followers' preferences ensures that our brand resonates on a personal level, enhancing brand awareness and customer understanding," emphasizes Dayama.

    The integration of live commerce, personalized recommendations, and shoppable videos is just the beginning. As consumers become more accustomed to discovering and buying products in this way, the lines between content, commerce, and community will blur even further, creating an immersive shopping experience that feels both intuitive and entertaining.

    For brands that embrace discovery commerce, the future is filled with opportunity. As Sathish Kumar of Brand Studio Lifestyle notes, "Relatable, relevant content that leads to product discovery is crucial for brands to connect with the consumer. By approaching discovery commerce in a strategic manner, we’ve been able to convert interested users into customers, driving long-term growth."

    In the ever-evolving world of retail, discovery commerce is more than just a trend – it’s the future of shopping.

    Next Story

    10 Best Luggage Brands in India

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    BY - Saptopriya Ghosal
    Junior Writer / 25 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (238)

    Ready to elevate your travel style? The Indian luggage market is booming, with brands like Safari and Aristocrat seeing over 40 percent growth in affordable options, while premium names like Tommy Hilfiger, Samsonite, and Delsey double their presence. The best luggage brands in India now provide both functionality and style. As for the Safari, VIP, and Aristocrat brands, they are all gaining the most sales growth of over 40 percent on a yearly basis mainly from shoppers in Tier III-IV cities. Premium brands such as Samsonite, Tommy Hilfiger, and Delsey have tripled their growth as well. Direct-to-consumer brands such as Mokobara are shifting the focus towards functionality and adding smart features such as anti-theft designs and charging ports. Ready to find the perfect luggage for your next trip? Dive in

    List of the Top 10 Luggage Brands in India:

    1. American Tourist: Best for Affordable Style and Durability

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    American Tourister is a well-known luggage company that has catchy colors and sturdy construction for its products. This is preferred by business people and those who are on the move and would wish to address both quality and elegance at a reasonable cost. Travel instruments and luggage come in different types, and this brand has all types depending on clients’ tastes and needs. Among the known models, it is necessary to highlight the “Zest” series which is convenient and practically designed. Many customers have embraced American Tourister for being able to offer affordable luggage without compromising the quality of products for travelers who are still looking for elegant and long-lasting bags at affordable charges.

    1. Safari: Best for Durability and Innovation in Travel Luggage

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    Safari has established a steady market base for its products and stylish and unique constructions hence widely adopted by many travelers. Safari luggage offers well-built luggage with durable material as well as different sizes of luggage that can be used for travel. In particular, the company is associated with the “Breeze” series, distinguished by high operational reliability and convenience; The designed luggage is highly appreciated for its compliance with the conditions of tough traveling. Customers especially recommend Safari for its durability and efficiency, saying that it makes it suitable for business or frequent travellers who are likely to plunge their luggage into tough terrain.

    1. VIP: Best for Affordable and Sturdy Luggage for All Travelers

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    VIP is a well-known brand in India and people have a reliable and trusted image of this company. Being one of the oldest luggage manufacturers in the country, the VIP luggage brand is recognized for affordable products made of wear-resistant materials to suit various individuals traveling for numerous purposes. The brand provides a variety of choices in terms of look and utility and therefore some of the favored options include, the “VIP Skybags” line which goes well with those who have to travel every now and then. The luggage has been positively acknowledged by customers for being durable and affordably priced and thus, has been customers’ preferred brand of luggage for regular travelling as well as for going on long trips.

    1. Samsonite: Best for Premium Quality and Elegant Designs

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    Samsonite is a recognized worldwide producer and retailer of luggage possessing a wide variety of quality products and new notions. due to the sterling features and qualitative aspects of the brand, it is mostly preferred by travelers who seek durable and classy luggage. Being one of the biggest brands in the industry, Samsonite employs high-quality lightweight material and advanced designs, and the main product that this company provides is the “Neopulse” series, which looks elegant but is built very durable. Customers often appreciate that Samsonite luggage has a more premium feel and is built to last, and people consider it a solid investment, especially for avid travellers out there.

    1. Skybags: Best for Trendy and Functional Luggage for Young Travelers

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    Skybags have good branding among the youth since they offer trendy and usable luggage. It is famous for having designs of high fashion, yet the fabric it is made of is long-lasting, and it has a large capacity of interior space, perfect for all who need functionality coupled with class. For instance, Skybags is yet another beauty that comes with quality workmanship and a unique design this Aer series of skybags is particularly popular among customers, especially the ladies. Some of the benefits of Skybags listed in reviews include the fact that is a fashionable imported bag targeted at young fashion-conscious travelers who require style as they go about their business.

    1. Aristocrat: Best for Budget-Friendly Luggage Options

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    Aristocrat is one of the most economical brands of luggage in today’s markets because it offers good quality for a cheaper range of prices and thus targets travelers or tourists who look for more economical affordable products with better durability. The brand has limited and basic models and designs of the notebook, like the ‘Lite’ series which receives good market patronage for being cheap but having reasonable construction of the notebook. High demand exists due to its affordability and fair quality for those customers who don’t travel very often and seek a reasonably priced bag with satisfactory performance.

    1. Tommy Hilfiger: Best for Fashion-Forward Travelers

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    Tommy Hilfiger is a world-famous brand that identifies styles derived from the classic American tradition, and they have been able to diversify their line in Tommy Hilfiger luggage. Tommy Hilfiger offers elegant and stylish luggage that catches the eye of any fashionable traveler. Today the brand offers a line of appealing and fashionable luggage consisting of suitcases and duffel bags that can be easily distinguished due to their vivid coloration, the company’s emblems and the usage of high-quality fabrics. The “TH Signature” series is one of the most requested by the customers, due to its design and practicality, as it provides plenty of compartments, strong wheels, and easy-to-use handles. For these reasons people like Tommy Hilfiger luggage since they are appealing and long-lasting, it’s appealing to those who wish to represent their personality.

    1. Mokobara: Best for Modern Design and Tech-Friendly Features

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    Mokobara may also be considered as a relatively young company in the context of luggage market leaders, but it has a big potential and a number of unique designs and trends, such as hi-tech designs. Some of the most important aspects of the brand are, therefore, to design clean, contemporary luggage that meets the requirements of the present-day traveler. Mokobara luggage offers quality and lightweight construction, a modern design, the availability of separate pockets for the gadgets, and the presence of USB sockets for charging devices. Mokobara Move Max is an excellent series among tech-oriented tourists since its design is created with an emphasis on functionality and a contemporary appearance. There are always remarks on the proper detailing found in the construction of the brand, the quality of the zippers, and the build of the bags in general; this makes Mokobada one of the best travel brands for anyone who cares about the design and functionality of the bag.

    1. Uppercase: Best for Sustainable and Eco-Friendly Luggage

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    Uppercase is a brand that defines itself with sustainability and recycling materials as its major concepts. As is often seen in the line of travel and tourism, durability and affordability act as key indicators of the market, in which Uppercase stands as an eco-friendly and unique choice. The brand of luggage now manufactures its range from recycled materials and applying sustainable production processes thus showing that it is chic to be green. For instance, the “Uppercase Eco” collection includes stylish and practical items made out of recycled material—recycled plastic bottles in this particular case — that are equally durable and serve their intended purpose. customers love Uppercase due to its concern for the environment in its manufacture without compromising quality making it the preferred eco-friendly bag designed for travellers.

    1. Delsey: Best for Stylish Luggage with Advanced Security Features

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    Delsey is a France based luggage brand which has found its place in the Indian market offering trendy and utility based travel accessories. For that reason, the brand prides itself in affordable, stylish, and secure products that are designed to be lightweight to meet the needs of travelers. For example, the “Helium” series is one of the most frequently suggested series because it is the combination of the stylish design and practicality. Delsey owns a reputation for design, usability and substantially high security measures, which makes it ideal for the buyers who are likely to compromise between style and functionality of the necessary travelling accessories.

    Best Luggage Brands for Indian Travelers

    In this case, some brands are favored by Indians because they cater for affordability, availability and especially the toughness of the conditions encountered in the country. It said that Indian travelers confront such difficulties as an overload of people in an airport and overcharged handling of luggage, and weather fluctuations. These include American Tourister and Safari which has designed their products to be strong as they use lightweight materials. For the families traveling, there are models of Vip and Skybags which are spacious enough to meet the luggage requirement of all the travelers in the team. For more chic and portable trolleys you will find American Tourister and Delsey to be best suited for single travelers, Targus and Samsonite may be more suited for business travelers as they look more professional.

    Where to Buy the Best Luggage Brands in India

    • Online Marketplaces: The likes of Amazon, Flipkart, and Myntra provide a large assortment of luggage from various brands, including Safari, Aristocrat, Samsonite, and Tommy Hilfiger. New customers are advised by customer reviews and return policies to try their luck with a business that offers discounts, flash sales, and festival deals.
    • Physical Retail Stores: Stores like Shoppers Stop, Lifestyle, and VIP World provide a very different shopping experience; here, you can touch the luggage and check it out before the purchase. Besides the latest collections and in-store promotions, flagship stores like Samsonite and American Tourister also have the option to buy things exclusively in-store.
    • Finding the Best Deals: Festivals like Diwali and New Year are the times when discounts are at their peak. Subscribing to newsletters and loyalty programs can get you in on sales early.
    • Buying Online vs. In-Store: Online shopping provides you with ease and discounts, while in-store shopping allows you to personally examine the luggage. Choose if you want convenience or the feel of the merchandise.

    Budget vs. Luxury Luggage Brands in India

    The Indian luggage market has a very rich portfolio, catering to budget-specific travelers as well as those looking for a luxury travel experience. Knowing the distinctions between low-cost and top-end luggage brands can be of assistance to you in making a decision that is both suitable for your preferences and budget.

    • Budget-Friendly Brands: Brands like Safari, Aristocrat, and VIP dominate the budget segment. These disposables are the ones that customers appreciate the most for providing them with good quality and utility, and hopefully, you can chat with them as if they were friends. Safari's Trolley Raptor and Aristocrat's Revo series are two of the most preferred ones that give ease to customers looking for reliable luggage, without the need for a big budget. These brands emphasise the main characteristics, such as lightweight materials, wheels that are not easily damaged, and materials that have a large enough space to accommodate a large number of items. Thus, it is a great option to go for them, whether you are a frequent traveler or are traveling with your family.
    • Luxury Brands: The other end of the spectrum is occupied by luxury brands such as Samsonite, Delsey, and Tommy Hilfiger, which provide high-end products that are characterized by distinct style, invention, and superior quality and Luggage designs like Samsonite's Evoa Tech Spinner and Delsey's Chatelet Air 2.0 have a look of luxury, and at the same time, they possess the latest technology, such as an integrated lock, an expandable compartment, and high-quality materials. Brands often come with the ideal coverage and customer assistance, hence the best possible experience for a long time.

    Final Words

    At Indian Retailer, we understand the right luggage brand can turn a good journey into a memorable one. Whether you prioritize durability, style, or sustainability, the 10 best luggage brands in India offer a wide range of options to suit your needs. For example, Samsonite or American Tourister have a classic appeal; Mokobara and Uppercase have modern innovations, and each brand has something different to offer. While arranging for the next trip, you can think of these porcine brands for luggage to make sure your gear is in good condition.

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    Top 5 Streetwear Brands in India with a Blend of Culture and Style

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (249)

    BY - Ria Duneja
    MT Editorial / 13 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (251)

    When hip-hop music and culture started to become more popular in India in the 1980s and 1990s, that is when streetwear emerged in the nation. People are keen to show their uniqueness via their attire, which has led to a growing interest in streetwear fashion as a result of this cultural shift. At first, American and other Western fashions had a big effect on Indian streetwear. People copied the appearance of hip-hop rappers and performers, dressing loose and wearing sneakers and snapback caps.

    Today, streetwear is seen as a powerful form of self-expression, where what you wear speaks volumes about your personality and can set you apart. In India, streetwear is primarily worn by young people, particularly millennials and Gen Z. Due of its rebellious, anti-establishment atmosphere and focus on individualism and self-expression, streetwear has become popular among younger generations.

    Here are the Best 5 Streetwear Brands in India Today

    1. Bonkers Corner- Bold Designs and Urban Aesthetic

    Bonkers Corner is an Indian streetwear company that was founded in Mumbai and is renowned for its daring patterns, vivid prints, and striking aesthetic. It desires to be different from the crowd crazy yet stylish and comfortable styles. Bonkers Corner serves a wide product catalogue that includes oversized T-shirts and shirts, bottoms, sweatshirts hoodies and jackets for men and women. The brand has become a major force in the Indian streetwear scene and has drawn the attention of young people.

    Many customers have shared positive feedback about the brand, highlighting their comfort and affordability. The fabric used is appreciated for its quality, with several people noting that the cotton material feels soft and is perfect for summer wear. It's a great choice for those looking to update their wardrobe without breaking the bank.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (252)

    1. Bewakoof - Fashion-Conscious and Tech-Savvy

    Bewakoof is a rebel among a sea of fashion portals that preach the gospel of sophistication and classiness. With innovative designs that reflect individual style, a direct-to-consumer model that enhances accessibility and value in everyday fashion, and a commitment to being homegrown, the brand is imagined in India and made in India. Bewakoof aims to attract young individuals who enjoy fashionable and unusual designs and are between the ages of 16 and 34. Bewakoof is for fashion-conscious, tech-savvy people who appreciate expressing their uniqueness. The brand has a wide range of upperwear, bottomwear and footwear for women and men.

    Bewakoof has impressed many with its bold and vibrant user interface and a vast array of products catering to various sizes, styles, and trends. The store offers a range of streetwear. Customers have noted that the quality of its products remains quite good even after multiple washes, with only slight fading of prints.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (253)

    1. Newme - Urban Streetwear Aesthetics For Girls

    NEWME A real-time fashion brand that is making a significant impact in Southeast Asia and India. The concept behind the term ‘NEWME’ was that there should be no judgment on a customer's ability to be New every day, in their own way. NEWME comprises the dynamic and fashion-forward Gen Z girls. With a keen eye on current trends and a commitment to quality, it delivers versatile and affordable pieces that appeal to young fashion enthusiasts.

    Consumers analyzed Newme as a brand that has a comfortable and pretty product catalogue. Highlighting premium feel, and amazing mesh leather quality. It provides today's youth with the opportunity to express themselves through the newest fashion trends that are both inexpensive and accessible to all, the streetwear fashion brand promotes uniqueness and diversity.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (254)

    1. The Souled Store - Pop Culture Obsessed

    The Souled Store is a fashion apparel company that offers a range of goods for both men and women. The brand offers unique and stylish goods to help you express your individuality. There is something for everyone with items ranging from socks, pins, badges, and much more to t-shirts, boxers, backpacks, and mobile covers. The brand focuses on young, pop-culture-obsessed Indians between the ages of 16 and 30. The target market is middle class, tech aware, and socially engaged. The Souled Store's emphasis on Gen Z consumers is in line with industry trends, given that this group makes up one-third of Indian internet buyers.

    Consumer reviews on The Souled Store are generally positive, reflecting satisfaction with the brand's unique products and customer service. However, there are some areas where customers have raised concerns.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (255)

    1. Nobero - For Those Who Like Simple Items

    Nobero elevates fashion and functionality via the creation of trendy yet simple items. Millennials may find stylish and cozy apparel at Nobero, a company with an emphasis on travel. Products are designed to accommodate Indian sensitivities with Western trends. It tailors sizing advice for the dynamic 18-35-year-old men who are frequent travellers.

    Customer reviews for Nobero are quite mixed. On the positive side, many customers appreciate the quality and comfort of the clothing, with a good number of reviews highlighting the excellent fit and timely delivery of their products​. Some customers have reported receiving incorrect items or facing issues with returns and refunds. There have been complaints about delayed deliveries, poor customer service, and the inability to get refunds or exchanges for incorrect or poor-quality items​.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (256)

    Streetwear Styling Tips

    • Play with Layering - Start with a basic tee or tank top and layer with a lightweight jacket, flannel shirt, or denim vest. In winter, a hoodie or bomber jacket can be a great addition.
    • Incorporate Traditional Elements - Mixing traditional Indian wear with modern streetwear gives a unique twist that’s culturally resonant. Example: Pair a classic kurta with cargo pants or joggers, or use a dupatta as a scarf.
    • Opt for Bold Prints and Graphics - Look for graphic tees or hoodies with bold prints, patterns, or even culturally inspired motifs. Camouflage, tie-dye, or bandana prints can add a statement to your outfit.
    • Embrace Oversized Clothing - Oversized clothing is a hallmark of streetwear, providing comfort and a casual, laid-back appearance. Example: Choose oversized t-shirts, hoodies, or jackets and pair them with fitted bottoms like joggers or slim jeans to balance the proportions.

    Final Words

    These streetwear brands are worth exploring. There is something for everyone, ranging from high-end, eye-catching pieces to simple, reasonably priced options. These businesses provide a range of solutions to make you stand out, whether your goal is to showcase your unique style or just add a stylish touch to your wardrobe. Discover how these Streetwear brands in india may assist you in making a striking fashion statement as you delve into the colorful world of Indian streetwear.

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    How bigbasket is Transforming India’s Retail Industry with Eco-Friendly Practices and Fair Pricing on Organic Products!

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    BY - Aritra Ghosh
    Features Writer, IndianRetailer.com & Retailer Media / 12 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (259)

    As India’s leading online grocery retailer, bigbasket has taken on the responsibility of not only delivering quality groceries to millions of homes but also setting new benchmarks in sustainability and ethical practices. With a mission to minimize its environmental footprint, bigbasket has launched several initiatives aimed at empowering organic farmers, reducing waste, and promoting eco-friendly packaging solutions.

    From supporting over 10,000 organic farmers to adopting cutting-edge technologies like agricultural intelligence and field geotagging, bigbasket's green initiatives are reshaping India's agricultural and retail landscape. These efforts are part of the company's broader commitment to sustainability, ensuring that both farmers and consumers benefit from eco-friendly and ethical products.

    Championing Organic Farming

    One of the cornerstones of bigbasket's green initiatives is its collaboration with over 10,000 organic farmers. By partnering with these farmers, bigbasket has ensured that sustainable farming practices not only improve the quality of produce but also provide financial security to the farmers themselves.

    “We have collaborated with over 2000 organic fruits and vegetable farmers and over 28,000 agri-commodities farmers through registered Farmer Producer Organisations (FPOs),”explains Seshu Kumar, Chief Merchandising & Buying Officer, bigbasket. “This allows us to offer over 50 organic fruits and vegetables and more than 100 grocery staples, providing our customers with a diverse range of high-quality, eco-friendly products.”

    The collaboration has been a boon to farmers, enabling them to adopt organic farming practices while ensuring a steady income. The price differential between organic and conventional products stands at around 10 percent, giving organic farmers a competitive advantage. By bridging the gap between organic and conventional pricing, bigbasket is making organic products more accessible to consumers while ensuring that farmers receive fair compensation.

    Leveraging Technology for Farmer Empowerment

    bigbasket's commitment to empowering farmers extends beyond just offering a market for their produce. The company has introduced several technological innovations aimed at supporting farmers, including field geotagging, agricultural intelligence, and digital labeling systems. These technologies are designed to improve productivity, monitor crop health, and ensure traceability from farm to consumer.

    “We have implemented geotagging solutions that track sowing and harvest schedules,” says Seshu Kumar. “Additionally, our team of agronomists educates farmers on weather forecasts and provides strategies to mitigate the effects of pest attacks or climatic challenges.”

    Through these technological advancements, bigbasket is able to track the entire lifecycle of a product, ensuring transparency in pricing and weight for the farmers. This granular level of detail also helps the company to expand its farmer base, as more marginal farmers are added to the supply chain each year.

    “The contribution of direct farmer sourcing and Farmer Producer Organisations has increased by over 60 percent year on year,” shares Kumar, emphasizing the significant impact of these initiatives.

    Promoting Fair Trade and Organic Pricing

    One of the most groundbreaking initiatives by bigbasket has been its decision to price organic products on par with conventionally grown ones. This move has had a ripple effect across both farmers and consumers, encouraging more people to switch to organic while ensuring that farmers continue to receive fair prices for their produce.

    “Sustainability has always been a key focus at bigbasket, we’ve been able to tap into the growing demand for organic products, and through our organic supply chain initiatives, we’ve managed to offer these products to customers at competitive prices,” Kumar explains.

    This strategy has paid off. The organic product segment has seen a 15-17 percent month-on-month growth, while organic customers now make up a quarter of bigbasket’s customer base. The company’s organic category accounts for 22 percent of its staples sales, while organic fruits and vegetables have grown by 50 percent, contributing to 8 percent of overall fresh produce sales.

    Reducing Waste Through Sustainable Packaging

    In addition to empowering farmers, bigbasket has implemented innovative waste management and packaging solutions. The company recycles over 100 tonnes of waste per month, refurbishing ice boxes and reusing them to reduce plastic waste.

    bigbasket has also introduced digital invoices and switched to recycled paper, saving over 2.2 lakh kg of virgin paper annually. By adopting these practices, the company is not only reducing its environmental impact but also setting a precedent for the retail industry.

    Kumar notes, “Our sustainable packaging practices reflect our commitment to reducing waste and saving resources. We believe that every small effort, when combined, can lead to significant positive changes for the environment.”

    Innovative Logistics for a Greener Supply Chain

    bigbasket’s sustainability efforts extend beyond packaging and waste management to include optimizing logistics. The company has worked on reducing its carbon footprint by improving delivery routes and implementing eco-friendly practices across its supply chain.

    By adopting these measures, bigbasket is able to reduce its energy consumption, lower transportation costs, and minimize greenhouse gas emissions. This is in line with the company's vision of creating a more sustainable and environmentally conscious retail experience for both customers and employees.

    Fair Pricing and Consumer Incentives

    In a move that further highlights bigbasket's commitment to sustainability, the company has decided to keep its organic range at the same price as conventional products for an entire year. This strategy incentivizes consumers to make healthier, eco-friendly choices without worrying about price differences.

    “We’re proud to offer our organic range at the same price as conventional products. This move is not just about promoting sustainability; it's about making organic produce accessible to all,” Kumar states.

    This initiative has helped bigbasket reach new heights in customer satisfaction and loyalty, as more people are drawn to the idea of purchasing organic products at competitive prices. By making sustainability a key selling point, bigbasket is encouraging a shift towards more conscious consumerism in India.

    Supporting Farmers Through Knowledge Sharing

    bigbasket’s farmer empowerment initiatives go beyond just financial support. The company regularly conducts knowledge sessions and workshops for farmers, helping them understand the benefits of organic farming, sustainable agricultural practices, and modern farming techniques.

    Kumar emphasizes, “Our team of agronomists plays a crucial role in educating farmers, from weather forecasts to pest control strategies, we’re equipping them with the tools they need to succeed.”

    These knowledge-sharing sessions not only improve the quality of produce but also enable farmers to better manage their resources and adapt to changing environmental conditions. By empowering farmers with knowledge, bigbasket is helping them become more self-sufficient and resilient in the face of challenges.

    The Future of Sustainable Retail

    bigbasket’s green initiatives are paving the way for a more sustainable and eco-friendly future in the retail industry. By empowering farmers, reducing waste, and promoting sustainable practices, the company is setting a new standard for what it means to be a responsible retailer.

    Kumar concludes, “We believe that sustainability is not just a trend but a necessity for the future. At bigbasket, we’re committed to making a positive impact on the environment and supporting the communities we work with.”

    As bigbasket continues to innovate and expand its green initiatives, it remains a shining example of how businesses can play a pivotal role in creating a more sustainable and equitable world.

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    Indian GDP Growth Slows to 6.0 pc in Q1 FY2025 Amidst Reduced Government Spending & Weaker Consumer Confidence

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (260)

    BY - Vaishnavi Gupta
    Assistant Editor, IndianRetailer.com & Retailer Media / 10 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (262)

    The Indian economy is witnessing a temporary deceleration in its growth trajectory, as projected by ICRA. The year-on-year (YoY) expansion of the GDP is expected to moderate to a six-quarter low of 6.0 percent in Q1 FY2025, down from 7.8percent in Q4 FY2024. This decline is largely attributed to a contraction in government capital expenditure and a dip in urban consumer confidence. The Gross Value Added (GVA) growth is also estimated to ease, reflecting the broader challenges faced by various sectors, including retail, during this period.

    The Retail Landscape Amidst Economic Slowdown

    Retail, a crucial component of the services sector, is significantly influenced by economic trends. The projected easing in the services GVA to 6.5percent in Q1 FY2025 from 6.7percent in Q4 FY2024 highlights the sector's sensitivity to economic fluctuations. The retail sector, which thrives on consumer spending, has been particularly impacted by the decline in urban consumer confidence and the sluggishness in government expenditure.

    1. Urban Consumer Confidence and Retail Performance

    Urban consumer confidence is a critical driver of retail sales, especially in the discretionary segment. The surprising downtick in consumer confidence in May and July 2024, as reported in the Central Bank’s Consumer Confidence Survey, has raised concerns within the retail industry. This dip suggests a cautious approach by consumers towards spending, especially on non-essential goods, which directly impacts retail revenues.

    The slowdown in urban consumer confidence can be attributed to several factors, including the lingering effects of the previous year's unfavorable monsoon, an uneven start to the 2024 monsoon season, and broader economic uncertainties. Retailers are witnessing a slowdown in footfalls, particularly in brick-and-mortar stores, as consumers tighten their purse strings amidst economic uncertainty.

    2. Impact of Government Expenditure on Retail

    The contraction in government capital expenditure has had a cascading effect on various sectors, including retail. Government spending, particularly on infrastructure and development projects, has a direct impact on employment and income levels, which in turn influence consumer spending patterns.

    In Q1 FY2025, the capital expenditure of the Government of India (GoI) and 22 state governments recorded a YoY contraction of 35percent and 23 percent, respectively. This reduction in spending has led to a transient lull in investment activity, further dampening consumer sentiment and retail sales.

    Industrial Sector’s Role in Shaping Retail Dynamics

    The industrial sector, which includes manufacturing and construction, plays a pivotal role in driving retail demand. ICRA’s estimates suggest a moderation in the industrial GVA growth to 6.4percent in Q1 FY2025 from 8.4percent in Q4 FY2024. This slowdown is particularly evident in the manufacturing and construction sectors, which are key contributors to retail demand through the supply of goods and the creation of disposable income for consumers.

    1. Manufacturing Slowdown and Retail Supply Chains

    The manufacturing sector’s performance directly influences retail supply chains. The projected slowdown in manufacturing GVA growth to 7.0percent in Q1 FY2025 from 8.9percent in Q4 FY2024 signals potential challenges for retail supply chains. Lower manufacturing output can lead to delays and shortages in retail inventories, affecting product availability and sales.

    Moreover, the easing of profit margins in the manufacturing sector, amidst rising global commodity prices and narrower deflation in input costs, suggests that retailers may face higher procurement costs. This, coupled with lower volume growth in manufacturing, could translate into higher prices for consumers, further dampening retail demand.

    2. Construction Sector and Retail Infrastructure

    The construction sector, another significant contributor to retail demand, is expected to witness a sharp slowdown in GVA growth to 4.0percent in Q1 FY2025 from 8.7percent in Q4 FY2024. This slowdown could have a dual impact on the retail sector. Firstly, it may lead to delays in the development of new retail infrastructure, such as malls and shopping complexes. Secondly, a slowdown in construction activity can affect employment levels in the sector, reducing disposable income and consequently, retail spending.

    Agricultural Sector and Rural Retail Demand

    The agricultural sector’s performance is crucial for rural retail demand. ICRA projects a mild pick-up in agricultural GVA growth to 1.0percent in Q1 FY2025 from 0.6percent in Q4 FY2024. Despite this improvement, the sector faces challenges due to the decline in the output of most rabi and summer crops and deficient rainfall in June 2024.

    1. Rural Sentiment and Retail Demand

    The agricultural sector’s modest growth reflects the challenges faced by rural economies. Lower crop yields and adverse weather conditions have dampened rural sentiment, leading to cautious spending behavior. This has directly impacted rural retail demand, particularly for non-essential goods.

    Retailers operating in rural markets are likely to face slower sales growth as rural consumers prioritize essential goods and services over discretionary spending. This trend is expected to persist until there is a significant improvement in agricultural output and rural incomes.

    The Road Ahead: Opportunities and Challenges

    Despite the transient moderation in economic growth, ICRA remains optimistic about the prospects for FY2025. The agency expects a back-ended pick-up in economic activity, which could boost GDP and GVA growth to 6.8percent and 6.5 percent, respectively, for the full year. This recovery is expected to be driven by a significant expansion in government capital expenditure and a resurgence in consumer confidence.

    1. Government Expenditure and Retail Revival

    There is considerable headroom for the GoI’s capital expenditure, which needs to expand by 39percent YoY in the July-March FY2025 period to meet the Budget Estimate for the full year. This increase in spending is expected to catalyze economic activity, create jobs, and boost consumer incomes, thereby reviving retail demand.

    Retailers can capitalize on this opportunity by aligning their strategies with the anticipated surge in consumer spending. This may involve expanding product offerings, enhancing supply chain efficiencies, and investing in marketing and promotions to attract consumers.

    2. Consumer Sentiment and Retail Growth

    The expected improvement in consumer sentiment in H2 FY2025, driven by favorable economic conditions and increased government spending, is likely to provide a much-needed boost to retail sales. Retailers should prepare to leverage this resurgence by focusing on consumer-centric strategies, such as personalized shopping experiences, loyalty programs, and omnichannel retailing.

    3. Challenges and Mitigation Strategies

    While the outlook for H2 FY2025 is positive, retailers must remain vigilant about potential challenges, including fluctuations in global commodity prices, changes in consumer behavior, and disruptions in supply chains. Adopting agile business practices, such as flexible pricing strategies, inventory management, and risk mitigation plans, will be crucial for navigating these challenges.

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    How India’s Modern Trade Channels Achieved 2% FMCG Growth and 4% Tech Durables Surge in 2024

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (263)

    BY - Ria Duneja
    MT Editorial / 9 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (265)

    India's modern trade channels experienced a 2 percent growth in FMCG sales and a 4 percent increase in tech durables sales on a moving annual total (MAT) basis. This consistent growth contrasts with other markets in the Asia-Pacific region, where similar sectors have struggled to maintain momentum.

    The NielsenIQ report reveals that as of March 2024, India's position as a leader in modern trade within the Asia-Pacific region is a reflection of broader economic and consumer trends. Modern trade, which involves selling goods through large, organized retail outlets such as supermarkets, hypermarkets, department stores, and mini-markets, has seen significant growth in India. Despite global economic uncertainties and inflationary pressures, India's modern trade channels have demonstrated remarkable resilience, continuing to grow even as prices fluctuate.

    “India emerges as the only market consistently delivering double-digit growth in both the FMCG and tech durables sectors, underscoring the resilience and evolving preferences of Indian consumers," the report states.

    This resilience is largely driven by premiumization—the trend of consumers gravitating toward higher-priced, higher-quality products—and the impact of festive sales periods, which significantly boost consumer spending.

    The Power of Premiumization

    This shift towards more expensive products indicates a growing middle class with rising disposable incomes and a desire for quality and status associated with premium brands.

    This trend is particularly significant during peak shopping periods, such as festive seasons, when consumers are more likely to splurge on premium products. These periods contribute 20 percent of incremental sales in FMCG and a staggering 60 percent in tech durables. Non-food categories, driven by deep discounts and consumer preference for non-essential items, grew 1.8 times faster than food during these periods, highlighting the importance of strategic pricing and marketing during key shopping times.

    The Role of Festive Seasons in Driving Sales

    Modern commerce sales in India are significantly influenced by the country's holiday seasons, which include Diwali, Christmas, and various regional celebrations. Increased consumer spending during these times is a hallmark of the culture, driven by customs around gift-giving, house renovation, and technology purchases. These peak shopping times are critical for the FMCG, IT and durables industries, as well as for overall sales growth, according to the NielsenIQ analysis.

    Retailers and manufacturers frequently run significant sales campaigns and discounts during these times to draw customers. This pattern is especially beneficial to the non-food FMCG categories, which develop at a pace that is almost twice as fast as the food categories during these times. The desire of consumers for non-essential things, which are frequently regarded as luxury expenditures over the holiday season, is what is driving this increase.

    The Rise of Smaller Players and Private Labels

    While large multinational companies have traditionally dominated India's FMCG, tech and durables markets, there is a growing shift towards smaller manufacturers and private labels. These smaller players are increasingly capturing market share by focusing on niche segments, such as products with natural ingredients and those positioned in the luxury pricing tier.

    The NielsenIQ report points out that "private labels are growing at a 1.5 times faster rate than large manufacturers, particularly within the mainstream pricing segment."

    This growth is significant as private labels, which are often associated with lower prices and higher value, are becoming more popular among cost-conscious consumers.

    Additionally, small manufacturers are driving 70 percent of new product launches in modern trade, particularly in categories that emphasize natural ingredients and luxury pricing. These products, often priced at more than 200 times the category average, cater to a niche but growing segment of affluent consumers looking for premium and exclusive products.

    Shifting Consumer Preferences

    Another notable trend in India's modern trade channels is the shift towards smaller pack sizes. Traditionally, large packs have dominated modern trade, offering better value per unit for consumers. However, there has been a growing preference for smaller pack sizes, which are now growing at double the rate of large packs.

    “While large packs have traditionally dominated modern trade, there is a noticeable shift towards smaller pack sizes, which are now growing at double the rate of large sizes," the report states.

    This shift is likely driven by changing consumer behavior, where shoppers, particularly in urban areas, prefer smaller, more convenient packaging. Smaller packs are also more accessible to a broader range of consumers, including those in lower-income brackets or those who shop more frequently but buy in smaller quantities.

    The Future of Modern Trade in India

    Looking ahead, India's modern trade sector is poised for continued growth, supported by strong consumer demand, the ongoing trend of premiumization, and the strategic importance of festive seasons. As more consumers migrate towards organized retail formats, both large and small players in the FMCG, tech and durables sectors will need to adapt to changing preferences, including the rising demand for premium products, the growth of private labels, and the shift towards smaller pack sizes.

    The resilience of modern trade in the face of inflationary pressures also suggests that this channel will continue to play a critical role in India's retail landscape. While online shopping channels are growing rapidly, modern trade remains a preferred shopping destination for many Indian consumers, offering a tangible and immediate shopping experience that online platforms cannot fully replicate.

    As India continues to lead the region in modern trade growth, it presents significant opportunities for brands and retailers to tap into this growing market and cater to the diverse and changing needs of Indian consumers.

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    5 Things to Know About Next-Gen Leader Neville Tata, Who will Helm Star Bazaar

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (266)

    BY - Vaishnavi Gupta
    Assistant Editor, IndianRetailer.com & Retailer Media / 5 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (268)

    The Tata family, a name synonymous with Indian business legacy, is welcoming its next-generation leader to the forefront. Neville Tata, 32, has recently taken charge as the head of Star Bazaar, marking the rise of a new era within the Tata Group's retail empire. As he steps into this pivotal role, here are five key things to know about Neville Tata and what his leadership might mean for Star Bazaar and the broader Tata Group.

    1. A Legacy Rooted in Retail and Innovation

    Neville Tata is no stranger to the world of retail, having been deeply ingrained in Trent Ltd, the Tata Group's retail arm, since 2016. Trent, which includes popular brands like Westside, Zudio, and Star Bazaar, was co-founded by Neville’s grandmother, Simone Tata. His father, Noel Tata, has been instrumental in expanding Trent’s retail footprint. Neville has managed operations for Zudio, the fashion retail brand that has seen tremendous growth under his leadership. His work at Zudio, which is now a major player in India’s apparel market, showcases his strategic acumen and his ability to drive success in competitive sectors.

    2. A Strong Academic Foundation

    An alumnus of the Bayes Business School in London, Neville Tata has a solid academic background that has equipped him with the knowledge and skills needed for the business world. Bayes, known for its focus on business and finance, provided Neville with a foundation in business strategy, management, and entrepreneurship. This education, combined with his practical experience at Trent, has prepared him well for the challenges of leading a major retail chain like Star Bazaar.

    3. A Quiet, Yet Powerful Business Dynasty Union

    In 2019, Neville Tata married Manasi Kirloskar, bringing together two of India’s most influential business families. Manasi is the daughter of Vikram Kirloskar, an industrialist known for his leadership in the Kirloskar Group, one of India’s leading conglomerates. The marriage, though modest in its ceremony, was significant for the union it represented – a fusion of two powerful business legacies. The couple, both of whom are now at the helm of significant businesses, represent a new generation of Indian business leaders poised to shape the future of their respective industries.

    4. Rising through the Ranks with Strategic Foresight

    Neville Tata’s journey within Trent Ltd has been marked by a series of strategic roles that have prepared him for his current leadership position. Starting with a focus on packaged food and beverages, he later transitioned to managing Zudio, where he was instrumental in its expansion across India. This experience has not only honed his leadership skills but also given him a deep understanding of the retail landscape, particularly in India’s diverse market. His ability to drive growth and innovation within Zudio suggests that he will bring the same forward-thinking approach to Star Bazaar.

    5. A Future Shaped by Family and Corporate Governance

    Neville Tata’s appointment as the head of Star Bazaar is a clear indication of the Tata Group’s commitment to grooming the next generation of leaders from within the family. His father, Noel Tata, who has been pivotal in Trent’s growth, is expected to provide close guidance as Neville takes on this new role. Furthermore, Neville’s recent appointment, along with his sisters Leah and Maya, as trustees of the Sir Dorabji Tata Trust and Sir Ratan Tata Trust, underscores his growing influence within the Tata Group’s philanthropic and corporate governance activities. These roles indicate that Neville Tata is being groomed not just as a business leader but as a steward of the Tata legacy.

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    The Ultimate Gifting Guide for Rakhi 2024

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (269)

    BY - Ria Duneja
    MT Editorial / 22 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (271)

    India celebrates Raksha Bandhan with all craze and enthusiasm for the bond between brother and sister. This festival symbolizes trust, safety and love that the siblings have for each other. At a loss to understand what to present your sibling? Presenting the ultimate gifting guide offered by different brands in India.

    According to the Confederation of All India Traders (CAIT), this rakhi sales are projected to cross Rs 12,000 crore! It has been observed that there is a tremendous buying frenzy for Rakhi, and people are quite excited about the occasion. To commemorate the event, customers were asked to use Indian products.

    Here is a gifting guide for you: know what different brands are offering.

    Lifestyle

    1. ALDO

    This Raksha Bandhan, ALDO has you prepared with the ideal present for your sibling or complementary items that honor your special relationship! Indulge in the whimsical nostalgia of the ALDO X Looney Tunes collection, a homage to the priceless moments you spent together as kids watching cartoons. Alternatively, for a smart and sophisticated gift for your sister, check out ALDO's Fall Winter 2024 collection for a subtle pop of shine.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (272)

    1. Opium

    Choose OPIUM Eyewear this Rakhi to up your gift-giving game; it's the ideal balance of safety and style that symbolizes your unshakable friendship. Choose the perfect pair of sunglasses to complement her distinct style with Opium’s wide selection, making them an easy yet meaningful present.

    It offers sunglasses that will appeal to all tastes, whether she is a lover of the traditional aviators, the edgy attitude of top-bar sunglasses, or the strong statement of oversized frames.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (273)

    Skincare, Beauty and Wellness

    1. The Body Shop

    Rakhi is a moment to celebrate the unique relationship between siblings by giving them kind and heartfelt presents. This year, use these exquisitely chosen presents that blend luxury, functionality, and a hint of grace to create a really unforgettable Rakhi celebration. Offering complete head-to-toe-care, the Lather & Slather British Rose gift case includes British Rose Shower Gel, Body Butter, Eau de Toilette, Hand Cream, and a Large Ramie Lily.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (274)

    1. Puretive

    The ultimate health present, the Puretive Good Vibes Gift Box is ideal for commemorating any important event. The Puretives ME time candle, a 100 percent pure soy wax candle combined with essential oils to produce a peaceful and tranquil environment, is included in this opulent package. With its mix of lavender and cedarwood essential oils, the soothing roll-on helps promote calm sleep, reduces jet lag, and offers on-the-go relaxation. With a rejuvenating rush of pure essential oils, the good vibes mist uplifts any room and promotes happiness and a good attitude. With no harsh chemicals, each product is made with natural ingredients and pure essential oils to provide a health experience.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (275)

    1. Zygos Beauty

    Reflective and eye are the roots of their product, the REYEFLECTIVE palette. This high-end product is an affordable palette since it has sixteen chromes. It is a multi-textured palette made up of both duo and multi-chromes. Because the trademark flake formula's particles have large pigment sizes, layering is not necessary. You only need one stroke to finish off your appearance. The palette is free of parabens and BHT. In India, a Chrome palette typically costs between Rs 1000 and Rs 2000. However, this palette is a first of its kind since it contains 16 tones for Rs 10,800.

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    1. Himaira

    A wonderful present is all you need for any occasion. Presenting the opulent BB Mousse Vanity Box, a kind and fashionable present for beauty and skincare enthusiasts around. With the addition of this sophisticated vanity box, your dresser becomes a lovely accent and gains a touch of luxury for your gift-giving requirements. Three exquisitely lovely shades—grace (light), blossom (medium), and charm (dark)—that are tailored to suit all skin types and tones and accentuate the inherent beauty of the complexion are included in this gift package. With this gift package, you may spoil yourself or surprise a loved one with an unmatched pampering experience.

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    Technology

    This year, surprise your siblings with some amazing electronic devices instead of the customary chocolates and clothes. Something that will make their day, whether they are a gamer, music enthusiast, or just a gadget aficionado.

    1. JUST CORSECA

    • JUST CORSECA’s STRIDER SmartTouch Earbuds

    These SmartTouch earphones will take your sister's playlist to a whole new level if she is a music lover. They include a 2.01-inch screen with Retina quality and simple touch controls that make it incredibly simple to manage her music in addition to providing crystal-clear sound.

    • SSTRIKE JST612 Portable Bluetooth Speaker

    This portable speaker is the ideal present for the sibling who is always the star of the party. This speaker is portable and has a handy handle that makes it easy for the user to take their music with them wherever they go. For up to five hours, the vivid RGB LEDs pulse in time with the music, giving the listening experience a new level of depth. By joining two SSTRIKE speakers, users may take use of true wireless stereo (TWS) technology, which turns them into a Wireless 2.0 speaker system that projects strong, immersive music around the room.

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    1. URBAN

    • URBAN Vibe Loop Earbuds

    Give your brother the URBAN Vibe Loop this Rakshabandhan; the earloops are adjustable for maximum comfort and are incredibly lightweight. They're ideal for both intensive gaming sessions and podcast binges, since your sibling can enjoy 3D surround sound and Low Latency Gaming Mode. For extra convenience, these TWS Earbuds also include dual pairing, quick snap-sync connectivity, and an LED battery display indication.

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    1. Lyne

    • Lyne’s Coolpods 37 and Coolpods 38 - Wireless Gaming Earbuds

    Lyne's Coolpods 37 and Coolpods 38 make ideal gifts for brothers who enjoy gaming, providing an immersive sound experience. These TWS earbuds feature unique case designs and share powerful gaming capabilities that transport users into a world of vivid and breathtaking sound. Equipped with Bluetooth V5.4, they offer an impressive 30 hours of music playback, 35 hours of talk time, and 300 hours of standby time, ensuring uninterrupted audio entertainment. The IPX3 water resistance rating allows gamers to fully immerse themselves in virtual worlds with the most realistic and pure sound quality. Available in sleek black, pristine white, and stylish blue, these earbuds combine style and performance.

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    1. Microdigit

    • Microdigit DEP386 Wireless Earplug with LED Display and Touch Screen

    They come loaded with features such as wireless stereo, seamless device connections, and a voice assistant, all at a budget-friendly price. Perfect for calls, music, or simply adding a touch of style, these earplugs are a thoughtful and practical gift that shows you care without straining your budget. Available at leading offline retail outlets across India.

    Apparel

    1. Fabindia

    With Rakshabandhan approaching, Fabindia has curated a special collection of apparel for brothers and sisters. Celebrate this auspicious festival with stylish and traditional outfits that embody the spirit of love and togetherness. Available at Fabindia stores nationwide.

    • Pink Viscose Silk Chikankari Long Kurta

    This pink chikankari long kurta is an ideal Rakshabandhan gift for your sister. Combining comfort, tradition, and style, it will effortlessly elevate her wardrobe with sophistication.

    • Blue Cotton Silk Hand Block Printed Sari

    Delight your sister this Rakshabandhan with an exquisite hand-block printed sari. Offering unparalleled comfort and elegance, it makes the perfect gift for this special occasion!

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    1. Blackberrys

    With Raksha Bandhan approaching, now is the perfect time to shop for your confident, smart, and stylish brothers and show them how much they mean to you. Blackberrys, the premium Indian menswear brand, offers elegant and sophisticated cuts with sharp fits across its range. From office wear and smart casuals to party attire and accessories, Blackberrys has everything you need.

    • Trendy Casualwear

    Experience relaxed sophistication with Blackberrys' latest Techpro range, designed for the modern man who values both comfort and style. From impeccably crafted formal shirts to versatile trousers, blazers, khakis, and all-season jackets, each piece features stretchable, wrinkle-resistant, and smart-dry fabrics.

    • Luxury Shirts

    Elevate his style with Blackberrys' exclusive collection of premium shirts, embodying both luxury and elegance. Made from high-quality fabrics and featuring exquisite patterns, these shirts combine comfort with impeccable style.

    • Dapper Suits

    A well-tailored suit is a must-have for every man. Blackberrys offers a range of suits, from sleek single-breasted designs to timeless double-breasted styles, guaranteeing a sharp and polished look for any occasion. Opt for versatile colors like navy or charcoal to make a standout impression.

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    Jewelry

    1. Mia by Tanishq

    This Raksha Bandhan, celebrate your cherished relationship with a carefully curated gifting guide from Mia by Tanishq. Featuring five stunning jewelry pieces, this collection is designed to make your sister shine with gifts that are both beautiful and deeply meaningful. Each piece serves as a lasting reminder of your enduring bond, making it the perfect way to honor a connection that continues to sparkle, no matter where life takes you both.

    • Everlasting Love Gold Necklace Set—A timeless expression of your unconditional love

    Gold Necklace Set in 14 kt yellow gold is a perfect symbol of sibling love and affection. With a charming heart necklace and matching earrings, this set beautifully captures the spirit of Rakhi, making it a thoughtful and stylish gift for your sister.

    • Floral Glow Diamond Studs—Elegance Perfectly Paired

    Elevate your sister’s style with our Floral Diamond Elegance stud earrings. Crafted from beautiful yellow gold and set with radiant round-cut diamonds, these earrings are ideal for adding a touch of brilliance on Rakhi and beyond.

    • Evil Eye Diamond earrings—A Guardian of Style and Spirit

    Protect your sister's flair with the Evil Eye Diamond earrings, elegantly fashioned in lustruous gold and centred with a sparkling diamond. This elegant piece symbolizes protection and positivity, making it an excellent Rakhi gift to show that you'll always have her back, in style.

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    Allow these carefully chosen presents to serve as inspiration as you get ready to celebrate this wonderful event and choose a gift that honors your special bond with your sibling. I hope you have an abundance of happiness, love, and special moments during Raksha Bandhan.

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    Q1 FY25: FMCG & Retail Giants Show Mixed Profit Growth as Honasa Consumer Leads with 62.9 pc Surge

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    BY - Vaishnavi Gupta
    Assistant Editor, IndianRetailer.com & Retailer Media / 9 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (286)

    The first quarter of fiscal year 2024-25 has revealed a diverse range of financial performances across India's FMCG and retail sectors. Companies such as Honasa Consumer Ltd, Page Industries, Cantabil Retail, Titan Company, and DMart have all posted their Q1 results, each showcasing distinct trends in profitability, revenue growth, and strategic investments.

    One of the most striking trends in Q1 FY25 is the substantial variance in profit growth across these companies. Honasa Consumer Ltd, the parent company of popular FMCG brands like Mamaearth and The Derma Co., reported a 62.9 percent increase in its consolidated profit after tax (PAT), rising to Rs 40.25 crore from Rs 24.71 crore in the same quarter of the previous fiscal year. This surge in profitability underscores the company’s effective market strategies and the growing popularity of its brands, which have resonated strongly with consumers.

    In contrast, Page Industries, a leading apparel manufacturer in India, experienced more modest profit growth. The company reported a 4.3 percent year-on-year (YoY) increase in PAT, reaching Rs 1,652 million. This growth reflects steady progress, particularly given the competitive nature of the apparel industry and the ongoing investments Page Industries has made in digital and e-commerce platforms.

    Cantabil Retail, another key player in the apparel sector, reported an 8.9 percent YoY increase in PAT, bringing its net profit to Rs 11.4 crore. This growth, though slightly lower than Page Industries in percentage terms, is significant considering the challenges faced by the retail sector, including fluctuating consumer demand and external economic pressures.

    Titan Company, a diversified retailer with a strong presence in jewelry, watches, and accessories, reported a more moderate 9 percent YoY growth in its overall business, with varying performances across its divisions. The jewelry segment, while showing growth, was impacted by high gold prices, which tempered consumer demand despite the addition of new stores and the strong performance during key selling periods like Akshaya Tritiya.

    DMart, operated by Avenue Supermarts and a major player in the hypermarket chain sector, also demonstrated steady profit growth. The company’s consolidated net profit rose by 17.5 percent to Rs 773.8 crore, up from Rs 658.8 crore in the corresponding period last year. This growth, while robust, reflects the company’s consistent strategy of expanding its footprint and maintaining its position as a low-cost retailer in a highly competitive market.

    Balancing Growth and Investment

    Revenue growth across these companies shows a common theme of strong market performance, albeit with varying degrees of success. Honasa Consumer Ltd saw its revenue from operations rise by 19.28 percent to Rs 554.05 crore, indicating the company’s ability to capture a larger share of the FMCG market through its popular brands. Page Industries reported a 3.9 percent YoY increase in revenue, totaling Rs 12,775 million, driven by a 2.6 percent increase in sales volume. Cantabil Retail also posted a solid 14.4 percent YoY growth in revenue, reaching Rs 127.9 crore, supported by the addition of 11 new retail stores and continued strength in online sales channels.

    Titan Company’s revenue growth varied across its divisions. While the jewelry segment saw an 8 percent increase in domestic market revenue, the watches and wearables division outpaced it with a 14 percent growth, driven by a strong preference for premium products and an expanding retail network. The company’s total income for the quarter was bolstered by these diverse revenue streams, despite some segments, like wearables and fashion accessories, facing challenges.

    DMart reported an 18.6 percent increase in revenue, reaching Rs 14,069 crore, reflecting the hypermarket chain’s continued appeal to value-conscious consumers. The company’s focus on expanding its store network and enhancing its product offerings has helped sustain this growth, even as competition in the retail space intensifies.

    However, this revenue growth has been accompanied by rising expenses across the board. Honasa Consumer’s total expenses for the quarter increased by 17.42 percent to Rs 520.38 crore, reflecting its ongoing investments in operations and expansion strategies. Similarly, DMart’s total expenses rose by 18.62 percent to Rs 13,056.61 crore, driven by the costs associated with opening new stores and maintaining its extensive supply chain. Despite these rising costs, both companies have managed to maintain strong profitability, indicating effective cost management strategies.

    Page Industries and Cantabil Retail also faced rising expenses, but their disciplined approach to cost management helped them preserve healthy profit margins. Page Industries, for instance, reported an EBITDA margin of 19 percent, demonstrating its ability to balance revenue growth with operational efficiency. Cantabil’s EBITDA rose by 14.5 percent YoY, reflecting its success in managing costs while continuing to invest in store expansions and brand development.

    Market Outlook: Strategic Investments and Future Prospects

    Looking ahead, these companies are poised to continue their growth trajectories, albeit with varying strategies tailored to their respective markets. Honasa Consumer is likely to focus on further expanding its product portfolio and strengthening its digital presence to capitalize on the growing demand for personal care products. Page Industries, with its emphasis on digital transformation and e-commerce, is well-positioned to tap into the increasing consumer preference for online shopping, while Cantabil Retail’s ongoing store expansion strategy will help it deepen its market penetration.

    Titan Company’s diversified portfolio provides it with multiple avenues for growth, particularly in the premium segments of jewelry and watches, which continue to attract affluent consumers. DMart’s focus on maintaining its cost leadership in the hypermarket segment will be crucial as it navigates the challenges of rising operational costs and intensifying competition.

    In conclusion, the first quarter of FY25 has shown that while profit growth varies across companies, those with strong market strategies and effective cost management are well-positioned to capitalize on India’s evolving consumer landscape. Whether through expansion, digital transformation, or product diversification, these companies are shaping the future of India’s FMCG and retail sectors, each carving out a unique path to sustained profitability.

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    How to Start an Electronics Retail Store in India: Key Steps

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (287)

    BY - Saptopriya Ghosal
    Junior Writer / 11 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (289)

    The Indian consumer electronics market is valued at $73.73 billion and is expected to grow at a compound annual growth rate (CAGR) of 6.8% from 2023 to 2030. The factors are driven by rising incomes, urbanization, and increased technology adoption. This article is for those looking to start an electronics business. Understanding how to open an electronic shop is crucial in this dynamic market. This guide will provide essential tips to open a retail electronics business in 2024 successfully.

    Assess Your Competitors

    Competitor analysis is critical. Go to a shop-wise electronics dealer and look at the products they are selling, the prices they are charging, and the way their customers are treated. Examples include Reliance Digital, Croma and Vijay Sales, which stand out through their broad electronics product range and great customer service. Knowing their strengths and weaknesses will assist you in creating your own unique selling proposition.

    Register Your Business Formally

    The essential step in bringing your electronics store to proper legal registration is to ensure compliance and risk management. Among the range of different business structures, you can choose either the form of a Private Limited Company, a sole proprietor, or a partnership that will determine the structure of your business and how it can evolve in the future.

    Develop a Robust Business Plan

    Crafting a well-rounded business plan is the foundation of your store's success. Your plan should include:

    • Business Model: Decide between focusing on high-end electronics or a mix of mid-range and budget products.
    • Financial Projections: Estimation of startup costs, revenue, and profit margins.
    • Marketing Strategies: Detail your approach to attracting customers, whether through in-store promotions or local advertising.
    • Operational Plans: Outlining the day-to-day operations, from inventory management to staffing.

    Identify and Understand your Target Customers

    One of the key things in a successful business is describing your target market accurately. Assess the demographics of the areas to recognize the needed electronics. An example can be the metropolitan areas will have a greater demand for smart devices and automation products than the towns which may opt for durable and low-cost goods. By adapting your product mix to these preferences, you can be more effective in getting the right customers.

    Plan Investments and Secure Funding

    Starting an electronics retail store requires substantial capital. Evaluate initial outlay on inventory, rented shop, employee compensation, and promotion. In highly populated cities like Mumbai or Delhi, you should count on a Rs 20-25 lakh investment at least. Diversify your options for funding; apply for a bank loan or try to find an angel investor. There is also the possibility to use government schemes such as the MSME Development Act.

    Select the Optimal Location

    Location is key to attracting foot traffic. Consider high-footfall areas like shopping malls or bustling markets. For instance, a store located in a technology-centric area like New Delhi’s Connaught Place can capitalize on the tech-enthusiastic consumer base. Proximity to other retailers can also create a cluster effect, drawing more customers.

    Source Products from Reliable Suppliers

    The base of suppliers builds your steady supply of quality products. Think about sourcing manufacturers directly or working with reputable wholesalers. Sites like IndiaMART can link you with numerous suppliers, thus allowing you to shop around and get the best bulk price.

    Build a Competent Team

    Your employees represent your business. Having a competent and customer-oriented staff is very important. Your key employees will probably be a store manager, sales associates, and technicians for after-sales service. Regular training helps you keep the staff well-informed on the new products and technologies, which in turn boosts the overall customer service.

    Launch and Promote Your Store

    To get your business on board, it is highly important for you to demonstrate your expertise in the new market and to build your name. Organize a great opening that offers discounts to new customers to increase foot traffic. Flyers, local newspapers, and word-of-mouth are some of the traditional advertising strategies that can be used to get the word out. The addition of exclusive deals from top electronics brands can also help to draw customers into the store.

    Trending Products to Stock in 2024

    It is very important to adapt to the demands of the consumers in order to be successful. The chart below lists the trending electronic products in India along with the percentage of consumers showing their interest in them.

    Product CategoryConsumer Interest (%)
    Smartphones97
    Headphones74
    Wearable technology (smartwatches)50
    Laptops and tablets43
    Home Entertainment Systems40
    Smart Home Devices30

    Final Words

    At Indian Retailer, we present a guide to opening an electronics retail store in India in 2024 for which planning is crucial. One has to research the market, the right location, and the right products. By taking these steps, you will be able to place your retail outlet in a healthy position in this ever-evolving and expanding sector.

    FAQs

    1. What are the primary licenses needed to open an electronics retail store in India?

    You’ll need a shop and establishment license, GST registration, and potentially a second-hand dealer’s license if you sell refurbished goods.

    2. How much investment is required to start an electronics retail store in metro cities?

    Initial investments can range from INR 15-20 lakhs, depending on the location and product range.

    3. Why is location important for an electronics retail store?

    A high-traffic location increases visibility and accessibility, driving more customers to your store.

    4. How can I ensure a steady supply of quality electronics?

    Build strong relationships with reputable suppliers and manufacturers, and consider bulk purchasing to reduce costs.

    5. What strategies can help in promoting my new electronics store?

    Use a combination of local advertising, social media campaigns, and launch day offers to attract customers.

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    Top 5 Sibling Entrepreneurs Revolutionizing Indian Retail

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    BY - Ria Duneja
    MT Editorial / 16 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (292)

    Rakhsha Bandhan is the celebration of the bond between brothers and sisters. On this occasion, Indian Retailer looks at those dynamic sibling entrepreneurs who have heralded successful businesses while navigating through numerous challenges in the retail industry. Marking the moment of celebration, here are the top 5 sibling entrepreneurs in India, sharing the same dreams and succeeding in their paths with each other's support, love, and hard work.

    Presenting the Top 5 Sibling Entrepreneurs in India

    Here are the leading sibling entrepreneurs in India in the retail market of India. Continue reading to know more about them.

    1. The Ambani Trio

    Isha Ambani is an Indian business leader and a Member of the Board at Reliance Retail Ventures Limited, Reliance Jio Infocomm Limited, Jio Financial Services Limited, and Reliance Foundation. She also serves on the boards of the Reliance Foundation Institution of Education and Research, and Dhirubhai Ambani International School.

    She has played a key role in expanding the digital footprint of Reliance Retail, launching new formats such as the eCommerce platform Ajio and the omnichannel beauty platform Tira. She has been instrumental in the growth of Reliance Retail's own brand portfolio, including the acquisition of notable Indian brands and the launch of the Independence brand.

    Akash Ambani is the Chairman of Reliance Jio Infocomm Ltd (RJIL) and a Director on the Board of Reliance Retail Ventures Ltd. Under his leadership, Jio surpassed the 100 million subscriber mark in less than six months after its launch in 2016 and now serves over 450 million customers.

    He is part of the RJIL Executive Committee, the governing and operating council, and is also a member of the Product Leadership Group. He is closely involved in the development of products and all digital services applications.

    Anant Ambani is the younger brother of the twins and serves as a Director on the Boards of Jio Platforms Limited since March 2020, Reliance Retail Ventures Limited since May 2022, and Reliance New Energy Limited and Reliance New Solar Energy Limited since June 2021. He has also been a member of the Board of Reliance Foundation since 2022.

    He is leading the expansion of Reliance Industries' energy and materials businesses and its global operations in renewable and green energy. Under his leadership, Reliance aims to become a Net Carbon Zero company by 2035 by building world-scale capabilities in producing clean fuels and materials of the future, developing next-generation carbon capture and storage technologies, creating holistic and circular materials businesses, and maximizing crude-to-chemicals conversion.

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    1. The Birla Siblings

    Ananya Birla is a successful businesswoman and a platinum-selling artist. She founded her first company, Svatantra Microfin Pvt. Ltd., at the age of 17, and it is now one of India's fastest-growing microfinance institutions. The company has crossed an AUM of $1 billion and has grown at a CAGR of 120 percent from 2015 to 2022. Svatantra provides small loans to women entrepreneurs in rural India.The organization has maintained a high-quality loan portfolio and offers one of the lowest interest rates in the country.

    Under her leadership, Svatantra won the Gold Award for Best Start-Up at the Skoch Financial Inclusion and Deepening Awards in 2014 and the Spirituality at Work: Sach Bharat Samman at the Sach Bharat Confluence in 2015.

    Aryaman Vikram Birla has diverse experiences in entrepreneurship, venture capital investing, and professional sports. He is actively involved in several businesses within the Aditya Birla Group (ABG), including Fashion & Retail, Real Estate, Paints, and the Group’s fashion direct-to-consumer platform TMRW. He has founded and is leading the hospitality business as well as Aditya Birla Ventures, a venture capital fund that invests in high-growth startups.

    He started his first business in the food and beverage sector and has successfully led Aditya Birla Ventures to invest in five fast-growing startups.Aryaman serves on the boards of Aditya Birla Management Corporation Private Limited, Hindalco Industries Limited, Grasim Industries Limited, Aditya Birla Fashion and Retail Limited, Aditya Birla New Age Hospitality Private Limited, Aditya Birla New Age Restaurants and Cafe Private Limited, KA Hospitality Private Limited, Aditya Birla Digital Fashion Ventures Limited, and Aditya Birla Global Trading (Singapore) Pte. Limited.

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    1. The Nayar Duo

    Anchit Nayar has been an Executive Director since 2021 and serves as the Chairman and Chief Executive Officer of Nykaa E-Retail. He holds a bachelor’s degree from Columbia University and has previously served as Vice President of the Investment Banking Division at Morgan Stanley in New York. Currently, Anchit is responsible for the beauty business and is a member of the investor relations team.

    He joined FSN Brands in 2018 as Chief Executive Officer, overseeing the expansion of Nykaa's retail stores, also serving as the company's Chief Marketing Officer from 2020 to 2021. Initially leading Nykaa's Retail team, he focused on driving offline sales. Under his guidance, the company's retail presence expanded significantly over 2.5 years.

    Adwaita Nayar has been an Executive Director of Nykaa since 2021. She also serves as the Chairperson and Chief Executive Officer of Nykaa Fashion. A co-founder, she has been involved in marketing, operations, and product development.

    She holds a bachelor’s degree in applied mathematics from Yale University, where she graduated, and a master’s degree in business administration with distinction from Harvard Business School. After completing her academic pursuits, she re-joined FSN Brands in 2017 as Chief Executive Officer to create and strengthen the offline retail footprint of Nykaa. Since 2018, she has established Nykaa Fashion's business and currently oversees nykaafashion.com, as well as many of our company's owned and partner brands.

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    1. Lupin Siblings

    Vinita D. Gupta is an Indian businesswoman and has been the Chief Executive Officer (CEO) of Lupin Limited since September 2013. She also serves as the Chairperson of Lupin Inc. and its U.S. subsidiary, Lupin Pharmaceuticals Inc.

    She is the eldest daughter of Desh Bandhu Gupta, who founded Lupin in 1968. She holds a bachelor’s degree in pharmacy from the University of Mumbai and an MBA from the Kellogg School of Management in the United States.

    Nilesh Gupta, born in 1974, is an Indian businessman and has been the Managing Director (MD) of Lupin Limited since September 2013. He joined Lupin in 2002 and is responsible for the company's research, supply chain, manufacturing, quality, and regulatory operations.

    He has been instrumental in formulating and executing Lupin's core strategy, helping it emerge as a global leader in the generics space and in India. He initially joined Lupin in 1996 and has since led the company's research, supply chain, manufacturing, quality, and regulatory operations.

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    1. The Amrutam Siblings

    Amrutam was founded in 2006 by Ashok Gupta in Gwalior. It began as a family-run business, a brainchild of Ashok and Chandrakanta Gupta. In 2016, when the company faced significant financial losses, their children, Agnim Gupta and Stuti Ashok Gupta, joined the business. They took it upon themselves to reinvent and rebrand the company and its products.

    Stuti Gupta was born and raised in Gwalior, where Amrutam is based. To advance her career as a psychologist, she took a job as a Psychologist - Business Design at the Hank Nunn Institute in Bangalore. However, the traditional 9-5 work life did not suit her, and she began reassessing her career goals. In 2017, around the same time Amrutam encountered a major setback, Stuti and Agnim decided to explore the online world for business. She discovered a talent for design and played a key role in shaping Amrutam’s identity as a wellness community. Leveraging her background in psychology, she introduced a mental health component to Amrutam, focusing on holistic health that encompasses physical, mental, and spiritual well-being.

    In February 2017, Agnim Gupta hired a designer and began working on the rebranding of Amrutam. While he focused on the wellness range, he developed the company's new website, which went live in July 2017. The growth of Amrutam accelerated significantly in 2020 when the COVID-19 pandemic drove a shift toward online shopping. During this period, the brand gained attention from publishing houses and media, receiving recognition from celebrities and entrepreneurs.

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    Final Word

    From the view of Indian Retailer, these top 5 leading retail brands owned and functioned by siblings are acting in their industry in India. Making significant changes in the growth and development of the country. Make this Raksha Bandhan special for your sibling with a shower of support, love and teamwork inspired by these leading sibling entrepreneurs in India.

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    How India’s Retail Market is Diversifying Amid $1.4 Trillion Growth

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    BY - Ria Duneja
    MT Editorial / 7 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (300)

    The Indian retail market is experiencing remarkable growth, with projections indicating that it will surpass $1.4 trillion by 2027. This surge positions India as one of the fastest-growing retail markets globally. According to the latest annual report from Reliance Industries (RIL), the sector is expected to become the third-largest retail market by 2030. This expansion is driven by key factors such as increasing urbanization, rising income levels, a growing female workforce, and a young, aspirational population.

    Reliance Retail’s Impact on the Sector

    Reliance Retail Venture Ltd (RRVL), the retail arm of Mukesh Ambani-led Reliance Industries, plays a significant role in this growth. RRVL crossed the Rs 3 lakh crore revenue mark in FY24, underscoring its commitment to the sector. The company has made substantial investments across the retail value chain, contributing to the overall expansion of the industry.

    Key Growth Drivers

    Urbanization is a major factor fueling the expansion of India’s retail sector. As more people move from rural to urban areas, the demand for diverse retail options increases. Urban centers offer retail companies greater opportunities to reach a broader audience and cater to a larger consumer base. This growth is further supported by the development of infrastructure, such as high streets and shopping centers.

    The expanding middle class and rising disposable incomes are also key drivers of growth in India’s retail sector. As income levels rise, consumers are more inclined to spend on high-end and luxury goods, reflecting a shift towards aspirational spending and quality-focused purchases.

    Additionally, the growing female workforce in India is contributing significantly to the retail sector’s expansion. As more women enter the labor force, their purchasing power increases, prompting retail companies to tailor their products to meet the needs and preferences of female consumers.

    India’s young population is another critical factor in the retail market’s growth. Known for their aspirational outlook and openness to new ideas, young consumers are driving demand for technology, fashion, and lifestyle products. Retailers are increasingly focusing on this demographic, recognizing its influence on market dynamics.

    Market Segmentation

    The Indian retail industry is diverse, with various segments contributing to its growth. Groceries remain a significant portion of the market, driven by the steady demand for essential items. Grocery retailers are diversifying their offerings to meet a wide range of consumer needs, from basic necessities to premium products.

    Fashion and lifestyle products also make up a substantial share of the industry. Consumers are placing increasing importance on variety and quality in their apparel and lifestyle choices. In response, retailers are offering a broad range of products, from high-end fashion to everyday essentials.

    Consumer electronics is another key segment within the retail sector. This category continues to expand, fueled by growing consumer interest in gadgets and technological advancements. Retailers are focusing on providing the latest innovations and tech products to meet consumer demand.

    Challenges and Opportunities

    Despite its growth, the retail sector faces several challenges. One of the primary obstacles is the availability of premium real estate. The lack of high-quality shopping centers and high streets poses a barrier to expansion. Retailers must navigate these challenges to find suitable locations for their businesses.

    The sector also faces a shortage of skilled labor, which presents new difficulties as the industry grows. To support this expansion, the retail sector requires qualified workers. Retailers need to invest in training and development programs to bridge this skills gap.

    Strategic Initiatives

    Retailers are focusing on expanding their product range in non-food categories. There is significant growth in categories such as general merchandise, home, and personal care. Expanding product offerings is a priority for retailers as they strive to meet the diverse needs of their customers.

    In the e-commerce sector, retailers are enhancing their market offerings, particularly in fashion. By targeting specific customer segments, new store layouts are improving the overall shopping experience. Retailers are also adopting localized strategies to cater to regional preferences. By tailoring product assortments and store locations, they can better serve the tastes of different consumer groups.

    In summary, the Indian retail market is on a robust growth trajectory, driven by urbanization, rising incomes, and a dynamic consumer base. While challenges remain, the sector’s future looks promising, with continued expansion and innovation expected in the coming years.

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    69 Million Units Smartphones Shipped in 1H24 - What It Means for India’s Retail

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (301)

    BY - Nandini Banerjee
    Managing Editor, IndianRetailer.com & Retailer Media / 9 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (303)

    The Indian smartphone market is a dynamic and rapidly evolving landscape, reflecting broader trends in consumer behavior, technological advancements, and global economic shifts. The first half of 2024 has showcased these dynamics vividly, with the market experiencing notable growth despite ongoing challenges. It is at a pivotal juncture, characterized by growth, innovation, and shifting consumer preferences. While challenges remain, particularly in the entry-level segment, the market’s overall trajectory is one of expansion and diversification. As international and domestic brands vie for market share, consumers stand to benefit from a wider range of options, cutting-edge technology, and competitive pricing. The latter half of 2024 promises to be an exciting period for the industry, with the festive season likely to drive further growth and innovation.

    According to the International Data Corporation’s (IDC) Worldwide Quarterly Mobile Phone Tracker, 69 million smartphones were shipped in India during the first half of 2024, marking a 7.2 percent year-over-year (YoY) increase. The second quarter alone saw shipments of 35 million units, growing by 3.2 percent YoY. This period represents the fourth consecutive quarter of YoY shipment growth, yet the market continues to face hurdles due to muted consumer demand and rising average selling prices (ASPs), which have slowed the pace of annual recovery.

    A Prelude to the Festive Season

    As the latter half of the year approaches, anticipation builds for the festive season, which extends until November. According to Upasana Joshi, Senior Research Manager, Devices Research at IDC India, the end of the second quarter serves as a prelude to this crucial period. In the first half of the quarter, vendors focused on clearing out older inventory. However, from mid-quarter onwards, there was a noticeable increase in new smartphone launches, particularly in the mid-premium and premium segments. This trend, largely driven by China-based vendors, is expected to continue into the monsoon sales of July and August, setting the stage for an even more competitive market in the latter half of the year.

    Shifting Segments

    The Indian smartphone market is diverse, with different segments experiencing varying levels of growth. In the second quarter of 2024, ASPs saw a slight YoY increase of 2.8 percent, while quarter-over-quarter (QoQ) they actually declined by 5.6 percent, settling at an average of $248. This fluctuation reflects the complex interplay of demand and supply dynamics within the market.

    • Entry-Level Segment (Sub-$100): This segment witnessed a significant decline, with a 36 percent YoY drop in market share, falling from 22 percent to just 14 percent. Xiaomi remains the leader in this space, followed by Poco and Realme.

    • Mass Budget Segment ($100-$200): Despite challenges in the lower-end market, the mass budget segment saw an 8 percent YoY growth, with its market share increasing marginally from 42 percent to 44 percent. Xiaomi, Realme, and Vivo dominated this segment, collectively accounting for 60 percent of shipments.

    • Entry-Premium Segment ($200-$400): This segment emerged as a standout performer, achieving the highest growth rate of 42 percent YoY and expanding its share from 22 percent to 30 percent. Brands like OPPO, Vivo, and Samsung have made significant gains here, capturing nearly 60 percent of the market share.

    • Mid-Premium Segment ($400-$600): In contrast, the mid-premium segment experienced a 25 percent decline in unit terms, reducing its share from 5 percent to 4 percent. Vivo led this segment with a 25 percent share, followed by OnePlus and OPPO.

    • Premium Segment ($600-$800): This segment also faced a downturn, with a 37 percent decline in unit terms and a steady 2 percent share. Apple’s iPhone 13 and iPhone 12 models, along with Samsung’s Galaxy S23FE, were key players. Apple’s share in this segment increased to 61 percent YoY, while Samsung’s share rose to 24 percent from 21 percent.

    • Super-Premium Segment (Above $800): The super-premium segment continued its upward trajectory, growing by 22 percent and increasing its market share from 6 percent to 7 percent. Apple dominated this segment with an 83 percent share, driven by strong sales of the iPhone 15/15 Plus and iPhone 14/14 Plus models. Samsung followed with a 16 percent share, led by the Galaxy S24/S24 Ultra.

    The Rise of 5G

    One of the most significant developments in the Indian smartphone market has been the rapid adoption of 5G technology. In the second quarter of 2024 alone, 27 million 5G smartphones were shipped, with 5G devices now accounting for 77 percent of total smartphone shipments, up from 49 percent in the same quarter last year. Interestingly, while 5G smartphone ASPs have decreased by 22 percent YoY to $293, there has been a notable increase in shipments within the mass budget segment ($100-$200), which grew by 2.5 times to claim a 45 percent share of the 5G market. Popular 5G models in this segment include Xiaomi’s Redmi 13C, OPPO’s F25 Pro, Realme’s 12x, and Xiaomi’s Redmi 12.

    Online vs. Offline Channels

    The distribution channels for smartphones in India have also witnessed a shift. Online sales channels have gained prominence, growing by 8 percent YoY and capturing a 50 percent share of the market in the second quarter of 2024, up from 47 percent a year ago. Motorola made a notable entry into the top five online vendors, securing the fourth spot, while Vivo climbed to the second slot, driven by strong sales of its T series models. However, offline channels struggled, with shipments declining by 2 percent YoY, a trend partly attributed to severe heatwave conditions across major parts of India.

    Market Outlook

    Vivo continues to lead the Indian smartphone market for the second consecutive quarter, thanks to multiple launches across various price segments, including its Y series, mid-premium V series, and flagship X Fold 3 Pro. Motorola registered the highest growth rate, supported by a diverse product portfolio across price ranges, while Nothing emerged as the second-fastest-growing brand in the market.

    As the Indian smartphone market continues to evolve, premiumization remains a key trend, with brands like Apple and Samsung leading the charge. The rising cost of devices is pushing China-based brands to expand beyond the mass market, particularly into the entry-premium segment ($200-$400), which is expected to see sustained growth. The entry-level segment (sub-$100) will likely remain challenged, despite efforts to introduce more affordable 5G smartphones. Additionally, the marketing of GenAI-powered smartphones is expected to intensify, accompanied by heavy promotional activities.

    Next Story

    Top 10 Washing Machine Brands in India: Curated list (2024)

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (304)

    BY - Ria Duneja
    MT Editorial / 28 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (306)

    One of the mindless and hardworking chores is to wash clothes every day! Looking for a simpler, less time-consuming way? There are numerous washing machine brands in India that can be of great assistance. We have created a list of the top 10 washing machine brands in India, making it effortless research for you. What are the best-rated washing machines in India? How are various brands performing? Here is a curated list in response to all these questions.

    Top 10 Washing Machine Brands in India

    1. Bosch

    Bosch is a leading washing machine brand in India. Robert Bosch, commonly known as Bosch, is a German multinational engineering and technology company founded by Robert Bosch in Stuttgart in 1886. The company set up its first manufacturing operation in 1951 and has since expanded to 17 manufacturing sites and seven development and application centers. Bosch established its presence in India in 1922 and has grown to house its largest development center outside Germany in the country. Bosch leverages its expertise in sensor technology, software, and services to deliver cross-domain solutions. The company also focuses on connectivity and artificial intelligence to create user-friendly, sustainable products.

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    Best Selling Models

    1. Front Load washing machine by Bosch

    • Series 2 washing machine, front loader
    • Series 4 washing machine, front loader
    1. Top Load washing machine by Bosch

    • Series 2 washing machine, top loader
    • Series 6 washing machine, top loader
    1. Samsung

    Samsung is a popular choice for washing machine brands in India. Founded by Lee Byung-chul in 1938 as a trading company, it has grown into a South Korean multinational manufacturing conglomerate headquartered in Samsung Digital City, Suwon, South Korea. Over the first three decades, Samsung diversified into food processing, textiles, insurance, securities, and retail. The company entered the electronics industry in the late 1960s, followed by construction and shipbuilding in the mid-1970s, driving its significant growth. After Lee's death in 1987, Samsung was divided into five business groups: Samsung Group, Shinsegae Group, CJ Group, Hansol Group, and JoongAng Group.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (308)

    Best Selling Models

    1. Front-load washing machines by Samsung

    • AI Ecobubble Front Load Washing Machine with SmartThings & Wi-Fi
    • Front Load Washing Machine with Hygiene Steam
    • Front Load Washing Machine with AI Control & SmartThings Connectivity
    1. Top load washing machines by Samsung

    • Ecobubbl Top Load Washing Machine
    • Top Load with Center Jet
    • Ecobubble Top Load Washing Machine with SuperSpeed
    1. LG Electronics

    LG Electronics is a preferred choice for washing machines brands in India. Founded in 1958 as GoldStar, later became LG, is a major appliance and consumer electronics corporation based in Yeouido-dong, Seoul, South Korea. LG, originally Lak Hui Chemical Industrial Corp., was established by Koo In-hwoi in 1947. In 1952, Lak Hui, now known as LG Chem, became the first South Korean company to venture into the plastics industry. LG Corporation is a global holding company operating through more than 30 companies in electronics, chemicals, and telecommunications. As of August 2024, LG Corporation has a market capitalization of $8.81 Billion (Source: Companiesmarketcap). Today, Koo Kwang-mo serves as the CEO of LG Corporation.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (309)

    Best Rated Models

    1. Front-load washing machines by LG

    • LG Front Load Washing Machine, AI Direct Drive, Black VCM
    • LG Front Load Washing Machine, Inverter Direct Drive, Middle Black
    • LG Front Load Washing Machine, Inverter Direct Drive, Middle Black
    1. Top load washing machines by LG

    • LG Top Load Washing Machine, AI Direct Drive, Platinum Black
    • LG Top Load Washing Machine, AI Direct Drive, TurboDrum, Middle Black
    • LG Top Load Washing Machine, Smart Inverter Motor, Middle Free Silver
    1. Whirlpool

    Whirlpool, a leading washing machine brand, began in 1911 as a small company in Benton Harbor, Michigan. Founded by Lou Upton and his uncle Emory, who teamed up to patent an electric-driven washer washer. Over the years, Whirlpool expanded globally, with founding families establishing companies in the United States, Brazil, Italy, Canada, India, Germany, and France. Today, Whirlpool Corporation is an American multinational manufacturer and marketer of home appliances headquartered in Benton Charter Township, Michigan. The company markets its flagship Whirlpool brand alongside other well-known brands, including Maytag, KitchenAid, and JennAir.

    It entered the Indian market in the late 1980s as part of its global expansion strategy, forming a joint venture with the TVS Group and establishing its first manufacturing facility in Puduch*erry to produce washing machines. In the quarter ended March 2024, Whirlpool of India reported a net profit increase of 23.79 percent, rising to Rs 77.59 crore compared to Rs 62.68 crore in the previous quarter. For over a century, Whirlpool has been a leader in innovation, from introducing the first automatic washing machine in 1948 to winning more than 20 CES Innovation Awards.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (310)

    Top Selling Models

    1. Front load washing machines by Whirlpool.

    • Xpert Care 5 Star Front Load Washing Machine with in-built Heater
    • Xpert Care 5 Star Front Load Washing Machine with In-Built Heater
    • Xpert Care 5 Star Front Load Washing Machine with Ozone Air Refresh Technology & Heater (Inverter)
    1. Top load washing machines by Whirlpool

    • Whitemagic Elite 5 Star Fully Automatic Top-Load Washing Machine
    • Whitemagic Royal 5 Star Fully Automatic Top Load Washing Machine
    1. IFB

    IFB is a renowned washing machine brand in India. Originally established as Indian Fine Blanks Limited in 1974 in collaboration with Heinrich Schmid AG of Switzerland, IFB Industries Ltd. has grown significantly since its inception. The company, promoted by engineer Bijon Nag, was incorporated in 1974 in West Bengal. In 1989, IFB extended its operations to Bengaluru, expanding its manufacturing capabilities. The company's engineering divisions are strategically located in Kolkata and Bengaluru. This diversification has allowed IFB to become a prominent player in both the consumer goods and automotive sectors. Over the years, IFB Industries Ltd. has built a reputation for quality and innovation, driven by its commitment to engineering excellence and collaboration with global partners.

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    Recommended Models

    1. Front load washing machines by Whirlpool

    • IFB Senorita SXS 6510 Front Load Washing Machine
    • IFB Senorita VXS 6510 Front Load Washing Machine
    • IFB Senator Plus MSC 8014 Front Load Washing Machine
    1. Top load washing machines by Whirlpool

    • IFB TL - SIBS 10 kg Aqua Top Load Washing Machine
    • IFB TL - SLBS 9 kg Aqua Top Load Washing Machine
    1. Haier

    Haier is a reputed washing machine brand in the Indian market. Founded in 1984, Haier Group Corporation is a Chinese multinational home appliances and consumer electronics company headquartered in Qingdao, Shandong. Under the leadership of Zhang Ruimin, who became president in December 1991. Haier embarked on a journey of diversification and rapid expansion. The company has established a robust global presence with 10 R&D centers, 71 research institutes, 35 industrial parks, 143 manufacturing centers, and a sales network of 230,000 nodes worldwide. In 2007, Haier India began manufacturing refrigerators at its factory in Ranjangaon, Pune, marking a significant step in its international growth. This facility later expanded into Haier's first industrial park in India, solidifying its commitment to the Indian market.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (312)

    Recommended Models

    1. Front load washing machines by Haier

    • Haier Washer and Dryer Front Load Washing Machine (Wifi)
    • Haier Front Load Washing Machine (Wifi)
    1. Top load washing machines by Haier

    • Haier Top Load Washing Machine
    • Haier Top Load Washing Machine
    1. Voltas

    Voltas is a popular washing machine brand in India. Voltas Limited, headquartered in Mumbai, is an Indian multinational home appliances company established in 1954 through a collaboration between Tata Sons and Volkart Brothers. With Noel Tata as its chairman and Pradeep Bakshi serving as the chief executive officer and managing director, Voltas has grown to become a major player in the home appliances industry. The company designs, develops, manufactures, and sells a wide range of products, including air conditioners, air coolers, refrigerators, washing machines, dishwashers, microwaves, air purifiers, and water dispensers. Known for its innovative and high-quality products, Voltas has established itself as India's largest air conditioning company by market share. (Source: Wikipedia)

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    Bestselling Models

    1. Front load washing machines by Voltas

    • 5 Star Fully Automatic Front Load Washing Machine
    • 5 Star StainExpert Fully Automatic Front Load Washing Machine
    • 5 Star StainExpert Fully Automatic Front Load Washing Machine
    1. Top load washing machines by Voltas

    • 5 Star Fully Automatic Top Load Washing Machine with In-Built Heater
    • 5 Star Top Load Fully Automatic washing machine
    1. Godrej

    Godrej, a well-known washing machine brand, has its headquarters in Mumbai. It is an Indian multinational founded in 1897 by Ardeshir Godrej and Pirojsha Burjorji Godrej. Managed and largely owned by the Godrej family, the group has grown into one of India's most reputable and diversified business entities. The operations span various sectors through its subsidiaries and affiliated companies, including Godrej Industries and its subsidiaries Godrej Consumer Products, Godrej Agrovet, and Godrej Properties, as well as the private holding company Godrej & Boyce Mfg. Co. Ltd. The group is led by Adi Godrej, alongside his brother Nadir Godrej and cousin Jamshyd Godrej. The Godrej Group boasts a market capitalization of $16.92 billion, reflecting its significant impact on the Indian and global markets.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (314)

    Popular Models

    1. Front-load washing machine by Godrej

    • WFEON HYS 6010 IJBT FLGR
    • WFEON CEL 9014 IEBT SLSR
    • WFEON ARG 6012 FEBDT SLSR
    1. Top load washing machine by Godrej

    • WTEON MGNS 70 5.0 FDTNS SRGR
    • WTEON MGNS 70 5.0 FDTNS MTBK
    • WTEON MGNS 75 5.0 FDTNS GPGR
    1. Lloyd

    Lloyd is a leading washing machine brand in India. It was founded by Atul Punj in 1982 and began as the pipeline division of Punj Sons Private Limited, a family business. It later evolved into Punj Lloyd Engineering Private Limited and was renamed Lloyd in 1989. Under Atul Punj's leadership, the company has expanded its operations across the Middle East, Africa, Asia Pacific, South Asia, and Europe. Lloyd, now part of the Havells Group, is renowned for its engineering and construction prowess, having successfully executed numerous projects in over 60 countries. The group's extensive reach includes over 50 subsidiaries, contributing to its global footprint.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (315)

    Recommended Models

    1. Front load washing machines by Lloyd

    • Intelli Steam Dry Fully Automatic Front Load
    • Intelli Steam Fully Automatic Front Load
    1. Top load washing machines by Lloyd

    • Fully Automatic Top Load NeoXL H
    • Estello H Fully Automatic Top load
    1. Acer

    Acer, a well-known washing machine brand in India. It was founded as Multitech in 1976 by Stan Shih, his wife Carolyn Yeh, and five others in Hsinchu City, Taiwan. Headquartered in Xizhi District, New Taipei City, Acer Inc. is a Taiwanese multinational company producing computer hardware and electronics. In 1998, Acer was reorganized into five groups, including the Acer International Service Group and Acer Semiconductor Group. With a presence in over 160 countries, Acer's subsidiary, Acer India (Pvt) Limited, was established in 1999 in Bengaluru, Karnataka. By 2023, India had become Acer's second-largest market. To diversify, Acer founded AcerPure to sell consumer products in India.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (316)

    Best Rated Models

    1. Top load washing machine by acer

    • Acer 5 Star Fully Automatic Top Load Washing Machine
    • Acer 5 Star Fully Automatic Top Load Washing Machine

    Final Word

    From the view of Indian Retailer, these top 10 washing machine brands are acing the Indian market, making a competitive space in the electronic industry of India. The electronics market of India contributes 3.4 percent of the country's GDP. These listed washing machine brands are making significant changes in the Indian economy. This curated list provided all the answers to your questions.

    FAQs

    Which are the top three washing machine brands in India?

    Bosch followed by Samsung and LG are the top three washing machine brands in India.

    What are the types of washing machines?

    There are two types of washing machines - top load and front load.

    Who invented the washing machine?

    James King invented a washing machine in 1851, using a drum. In 1868, Thomas Bradford, a British inventor, made the machine functional and commercial.

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    How Numero Uno is Aggressively Expanding into India’s Tier II and III Cities

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (317)

    BY - Nandini Banerjee
    Managing Editor, IndianRetailer.com & Retailer Media / 11 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (319)

    When it comes to Indian denim, Numero Uno has long been the kingpin, reigning supreme since 1987. But as the fashion landscape evolves, even the most iconic brands must keep pace with the times. In a move to stay ahead of the curve, the brand embarked on a rebranding journey, one that is not just about a new look, but about redefining its identity for the future. Jaiwant S Dhingra, Director of Marketing and Business Development, Numero Uno, shares insights into the brand's transformation and future plans.

    Why Rebrand Now?

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (320)

    “Why the rebranding strategy?” you might ask. After all, Numero Uno has been a powerhouse in the Indian denim market for decades. But as Dhingra candidly explains, "We felt like we needed a change. We’ve been a strong brand since 1987, but there comes a time when you need to remain youthful, relatable, and ahead of the curve—futuristic even."

    The rebranding effort, which took a total of six to eight months, was meticulously crafted in-house by the Numero Uno team. "We’ve used outside agencies before, but realized that nobody knows and feels the brand like someone from the team," says Dhingra. This time around, the team was determined to create a brand identity that resonates with both its heritage and its forward-looking vision.

    The new logo, while seemingly simple, embodies the brand's ethos and is a testament to the effort put into ensuring it represents what the brand stands for. "It might seem like a simple logo, but what it stands for is a lot. Getting it right took six to eight months," Dhingra notes.

    A Year into the Rebranding

    It’s been just over a year since Numero Uno unveiled its new identity. The rollout has been gradual, with the rebranding being implemented in phases across the brand’s numerous stores in India. "The thing with having so many stores across pan-India is that we can’t just wake up one morning and change everything in every store. It happens phase-wise. Currently, we're in phase three, with two more phases to go," Dhingra explains.

    While it’s too early to directly correlate the rebranding with revenue growth, the market’s response has been overwhelmingly positive. "We've seen great feedback from the market and from the trade. The logo change and the brand’s new direction have had a significant impact on people's mood and buying trends," Dhingra shares. This shift has encouraged retailers to take more risks and move away from traditional buying approaches, which is a big win for the brand.

    Battling the Newcomers

    In a market flooded with D2C brands and the rising tide of online shopping, how does Numero Uno maintain its edge? Dhingra sees the differentiation as clear-cut. "Our strategy is about being ahead of the times while staying true to our core. We don’t jump on every trend that comes along. We always believe in what we stand for and don’t change that," he says.

    The brand’s core has always been its denim. "It started with jeans and grew into what we like to call jeans wear — things you can wear with a pair of jeans. While we are still known as a denim brand, we will never let go of our passion for jeans," Dhingra emphasizes. This focus on core values ensures that the company doesn’t just chase trends, but leads with a strong, consistent identity that resonates with its audience.

    Looking ahead, Numero Uno has set ambitious goals for growth. "In the next two years, we aim to grow by a solid 30 to 40 percent in market share and revenue," Dhingra reveals. While he remains tight-lipped about specific revenue numbers, it’s clear that the brand is gearing up for significant expansion.

    The brand has long been synonymous with the northern regions of India, but the brand is now setting its sights on the south. "We are actively expanding in the south, adding large-format store counters and many MBOs. Soon, we’ll be launching our brand-exclusive stores in those areas as well," he reveals.

    The brand is already making inroads in states like Andhra Pradesh, Karnataka, and Telangana, and is exploring opportunities in smaller cities as well. "We are expanding big time in Bihar, realizing that it's an untapped segment with significant spending power and a will to invest in fashion," Dhingra says. This strategic move into Tier II and Tier III cities is expected to bolster the brand’s presence across the country.

    Embracing Technology

    Numero Uno isn’t just about fashion; it’s about innovation. The brand has been ahead of the curve in adopting sustainable practices, long before it became a buzzword. "We’ve been innovative in sustainability for about 12 to 13 years now, and now is the time to actually talk about it," Dhingra proudly states.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (321)

    The brand’s plant in Dehradun, equipped with a 99 percent efficient biological effluent treatment plant, is a testament to its commitment to the environment. This facility recycles water used in the denim washing process, achieving almost zero water wastage. "Denim is a very laundry-driven process, which means a lot of water usage. Our treatment plants clean and recycle this water, making the process highly sustainable," Dhingra explains.

    In addition to water recycling, the company has partnered with Spanish technology company Jeanologia to integrate cutting-edge, eco-friendly machines into its production process. The G2 machine, for instance, uses ozone extracted from the atmosphere to achieve vintage denim looks without the need for bleach or water. "The G2 machine naturally ages denim, giving it the desired fade in 15 minutes, compared to 30 to 45 minutes with traditional methods," Dhingra says.

    Laser technology is another innovative tool in Numero Uno’s arsenal. Traditionally, achieving a faded look on jeans required hand scraping with sandpaper, a labor-intensive and hazardous process. The brand’s laser machines, however, use computer-driven precision to achieve the same effect, without harming the environment or the workers. "The laser beams decompose the dye where needed, giving a precise fade that’s not only environmentally friendly but also safe for our employees," Dhingra highlights.

    Looking to the Future

    As Numero Uno continues to innovate and expand, collaborations are becoming an integral part of its strategy. The brand has already partnered with several celebrities and influencers, tapping into their immense reach to further its appeal. "We’ve collaborated many times with celebrities on magazine covers, as well as with influencers on social media. These collaborations are essential in today’s market," Dhingra acknowledges.

    Looking ahead, the brand is also exploring the possibility of designer collaborations, particularly in the denim space. "It's a very exciting space. We’re definitely keeping an eye open for a good collab that suits both us and the potential partner," Dhingra teases.

    With a clear vision and a strategic approach to expansion, the brand is well-positioned to continue leading the Indian denim market. "We’ve always believed in staying true to our roots, and that’s what will continue to drive our success," Dhingra concludes. In an industry where trends come and go, Numero Uno’s steadfast commitment to quality, innovation, and sustainability ensures it will remain a staple in wardrobes across India for years to come. As the brand continues to evolve, one thing is clear: Numero Uno is here to stay, and it’s only getting better.

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    B2B vs B2C Marketing: Understanding the Key Differences

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (322)

    BY - Saptopriya Ghosal
    Junior Writer / 18 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (324)

    Do you have the question of why marketing strategies are so different from one company to another? The one that sells to business customers only, and the one that sells directly to consumers? Retailers and those who are planning to enter the field must understand the differences between B2B and B2C marketing to be successful. These two strategies are two different languages, each specifically designed for the audience and having different objectives and techniques. Which one of them do you think is better? We will discuss the main differences that govern B2B and B2C marketing and the advantages of each approach in the respective context.

    What is B2B Marketing?

    B2B marketing is about boosting other businesses rather than individuals. The central aim is to offer aid to other businesses in the direction of better operations, trouble mitigation, and the enhancement of profitability. This type of marketing usually comes with longer sales cycles, quite complex decision-making processes, and a dedicated customer relationship. B2B marketing highlights the importance of visual impact, comprehensive information, and trust building.

    For instance, Wipro Limited provides IT services and consulting solutions to businesses across various sectors, from healthcare to banking. Wipro’s marketing strategies highlight its ability to drive digital transformation and operational excellence for its clients. Similarly, Mahindra & Mahindra supplies tractors and agricultural equipment to other businesses, marketing its products as essential tools for improving agricultural productivity and reliability in farming operations.

    What is B2C Marketing?

    However, the B2C marketing approach focuses on individual end consumers with a view to trying to get immediate sales and also to keep them coming back. The strategies here are more focused on emotions, needs, and desires. B2C marketers usually use mass marketing techniques to get the attention of their main target, which is a general audience with a shorter sales cycle, and a simple buying process. The aim is to produce compelling communication that positively interacts with buyers on a very personal level, which in turn, will result in immediate purchases.

    For example, Myntra, a leading online fashion retailer, markets a wide range of clothing, accessories, and lifestyle products directly to consumers. Myntra’s marketing strategies focus on trends, style, and convenience, using celebrity endorsem*nts and festive sales to attract a broad audience. Another example is Haldiram's, which markets its snacks and sweets directly to consumers by emphasizing taste, tradition, and quality, appealing to a wide demographic across India.

    B2B vs B2C Marketing: 10 Key Differences

    B2B and B2C marketing is based on many different aspects, like audience size, sales, decision-making, and many others, and to know more about it, we need to know how differently these aspects work, so here is a short brief about how the marketing aspects work differently for these models.

    AspectB2B MarketingB2C Marketing
    Audience SizeTargets a smaller, specific audienceIt reaches a broader, general audience
    Sales CycleLonger sales cycles, involving multiple decision-makersShorter sales cycles, often driven by impulse purchases
    Decision-Making ProcessLogical, value-driven decisions focused on ROIEmotional decisions influenced by brand perception
    Relationship BuildingEmphasizes building long-term relationshipsFocuses on immediate transactions and customer loyalty.
    Content TypeDetailed and informative content (e.g., white papers, webinars)Engaging and entertaining content (e.g., social media, ads)
    Customer InteractionPersonalized, direct communication with key stakeholdersLess personal, often automated interactions
    Marketing ChannelsRelies on direct communication channels (e.g., email, LinkedIn).Utilizes broader channels (e.g., social media, TV, online ads)
    Product ComplexityOften involves complex products requiring detailed explanations.Simpler products require less education.
    Pricing StrategyCustomized pricing based on client needsStandardized pricing driven by market trends
    Sales VolumeFewer, high-value dealsHigher volumes at lower price points

    How do B2B and B2C Companies Approach Sales?

    B2B and B2C companies in India go through diverging paths in terms of sales, which in each case reflects very much the peculiarities of the different audiences. Consider TCS and Infosys—these B2B companies focus on building long-term relationships with their clients. Their approach to sales is, first of all, the provision of personalized offers and a strong emphasis on trust and expertise. The issue is not merely getting a contract but rather developing long-standing trust. The plan is to generate value over a long period of time by including more decision-makers in the sales process.

    On the other hand, B2C companies such as Reliance Fresh know that speed is the key to success. Their strategy is to get the consumer’s attention in no time, frequently by using emotional approaches and promotions that are hard to resist. These companies employ mass marketing, digital engagement, and discounts to generate quick, high-volume sales. Here, it's the case of hitting as many people as possible and making the buying experience as smooth and attractive as it can be. Thus, if it is in-depth and set to suit B2B or the volume and immediacy of B2C, each plan is perfectly adjusted to the requirements of their respective markets.

    Social Media’s Impact on B2B and B2C Marketing

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    Social media's impact on the B2B space is substantial, whereas it has a different effect on B2C marketing as they adapt these two platforms differently. B2B marketers are using networking sites such as LinkedIn to connect with community members, exchange opinions on various topics, and attract leads. The content here has an impersonal and information-centered approach. The B2C side, on the other hand, likes to use social channels like Instagram, and Facebook, for ads that are visually attractive and delightfully engaging. They are aiming to build a solid brand image, have direct phone conversations with consumers, and push sales with targeted ads and influencer partnerships.

    B2B Buyer Considerations vs. B2C Buyer Considerations

    B2B Buyers:

    Those who are standing on the profit side of their investment are not only into ROI but also take into consideration other variables such as efficiency and long-term benefits. This process facilitates the collaboration of heterogeneous stakeholder groups that are interested in many ways of checking the effect of the product on their business processes. B2B buyers place high importance on research and analysis, which are often time-consuming and procured by virtualization and mass estimation of providers that come out on top.

    B2C Buyers:

    Considerations are more of an emotional type for them, focusing on price, convenience, and brand perception. B2C buyers are under the influence of some creative trends, peer reviews, and advertisem*nts. The purchasing decision is typically fast and impulsive, following personal inclinations and involving less evaluation of future value.

    Below are some examples of buyer consideration in B2B and B2C marketing:

    B2B Buyer ConsiderationB2C Buyer Consideration
    Who are the key decision-makers, and how do you involve them in the process?Who is making the purchasing decision, and how can you appeal directly to them?
    Are your customers focused on ROI and long-term value?What emotional triggers or immediate benefits can you highlight to drive purchases?
    How can you manage a longer sales cycle and maintain engagement?What strategies can you use to encourage quick decisions and impulse buys?
    Does your product require detailed explanations or customization?Is your product easy to understand, and how can you simplify the buying process?
    Are your customers prioritizing quality, service, and reliability in their decisions?How can you emphasize convenience, price, and brand appeal to your consumers?
    Are your customers looking for cost-effective solutions over the long term?How can you align your pricing with what your customers are willing to spend right now?
    How do you plan to build and maintain long-term relationships with your clients?What steps can you take to ensure customer satisfaction at the point of sale?
    How can you enhance brand loyalty given the high switching costs?What tactics can you use to retain customers despite the influence of deals and trends?

    Final Words

    At Indian Retailer, we feel that choosing the right kind of marketing is the most important factor to target the right audience. B2B marketing takes a people-oriented approach where relationships are built and value is provided over time. On the contrary, B2C focuses on instant gratification by attracting and converting customers. Despite their differences, both strategies present challenges and opportunities, and they will eventually become essential for success in your marketing efforts.

    FAQs

    1. Can a company engage in both B2B and B2C marketing?

    Yes, some companies engage in both B2B and B2C marketing by offering different products or services tailored to each audience.

    2. How important is content marketing in B2B?

    Content marketing is vital in B2B as it helps establish authority, educate potential clients, and build trust.

    3. What role does brand loyalty play in B2C marketing?

    Brand loyalty is crucial in B2C marketing as it drives repeat purchases and positive word-of-mouth, which are essential for long-term success.

    4. How do B2B companies use social media differently from B2C companies?

    B2B companies use social media for networking, sharing industry insights, and lead generation, while B2C companies focus on brand engagement, customer interaction, and driving sales.

    5. What are the main challenges in B2B marketing?

    The main challenges include long sales cycles, complex decision-making processes, and the need for continuous innovation to stay competitive

    Next Story

    Top 10 Popular Pizza Brands in India [2024]

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (326)

    BY - Saptopriya Ghosal
    Junior Writer / 22 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (328)

    The word pizza was first discovered in 997 AD. Pizza is an Italian dish typically consisting of a flat base of leavened wheat-based dough topped with tomato, cheese, and other ingredients, according to a Latin manuscript from the southern Italian town of Gaeta, in Lazio, on the border with Campania. Raffaele Esposito is often credited with creating modern pizza in Naples. In India, there is a $50 billion food service market with a QSR of nearly $900 million to $1 billion flavors and an increasing appetite for fast food. Let’s discover the top 10 pizza brands in India that dominate the Indian market.

    List of the Top 10 Pizza Brands in India

    Here’s a curated list of the top 10 famous brands in India that have become giants in the industry.

    1. Domino's Pizza

    Parent Company: Domino's Pizza, Inc.

    Establishment Year: 1960

    Headquarters: Ann Arbor, Michigan, USA

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (329)

    Domino’s is an American multinational pizza restaurant chain founded by Jim Moaning, Tom Monaghan, and Dominick DeVarti in 1960 that has become a big name in the market with 15,00,000+ stores worldwide, among the 1,500 stores in India. The USP that gives the brand a boost is its 30-minute fast delivery and a wider range of local toppings like Margherita, Pepperoni, Paneer Makhani, Wheat Thin Crust, and Cheese Burst. Domino’s holds a market share of 50 percent and a 70 percent share in the Pizza home delivery segment in India.

    2. Pizza Hut

    Parent Company: Yum! Brands, Inc.

    Establishment Year: 1958

    Headquarters: Plano, Texas, USA

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (330)

    Pizza Hut, LLC, is a very famous name in India. It was founded by Dan Carney and Frank Carney in 1958. The brand operates 19,866 restaurants worldwide and 3,50,000 team members in more than 100 countries. The brand gained its name for its affordable pricing. The brand offers a variety of products, including fries, pasta, chicken wings, and breadsticks. This famous brand had a revenue of $1.091 billion (2016). The parent brand of Pizza Hut is Yum Brand which operates the brands KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill. Yum! has a revenue of $7.076 as of 2023. The brand offers a variety of products including their popular stuffed crust pizza which has the outermost edge wrapped around a cylinder of mozzarella cheese. Pizza Hut remains a significant player in the global fast-food industry, known for its innovative products and marketing strategies.

    3. Chicago Pizza

    Parent Company: M/s CP Foods Pvt. Ltd.

    Establishment Year: 2008

    Headquarters: New Delhi, India

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (331)

    Chicago Pizza, an Indian pizza restaurant chain based in New Delhi, was founded in 2008 by Vishal Kahpur. Chicago Pizza outlets are present in over 190 locations across the country. Its homemade style of making pizza and providing consumers with the ability to build their own slice is what makes them stand out in the competitive market. They have an unique option for Home Pizza Kit which allows customers to make their pizza at home. The brand delivers 3 to 5 signature pizza bases, their secret sauce, mozzarella cheese, and 6 to 10 toppings of choice. They have won the ‘best franchise award’ all because of their strategic management, which assisted the brand in gaining knowledge about the customers, including their geography, preferences and taste, and also for their variety of options in the menu.

    4. Slice of Italy

    Parent Company: Slice of Italy Pvt. Ltd.

    Establishment Year: 2001

    Headquarters: New Delhi, India

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (332)

    Slice of Italy, a Delhi-based brand, is famous for its Italian-style pizza with some Indian touches. They have 15 outlets running in different formats near Vasant Vihar, Okhla, Lodhi Garden, and other popular parts of Delhi. The popular product range of the brand includes Chicken Heavyweight Pizza, Garlic Bread with cheese and Chicken Lasagne. In addition to pizzas, customers can have a wide range of customizable cakes. Their tagline is Eat Great Morning till late as they deliver early in the morning till 01:00 AM.

    5. Pizza Express

    Parent Company: Hony Capital

    Establishment Year: 1965

    Headquarters: Uxbridge, England

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (333)

    Pizza Express is a UK-based pizzeria that has been operating since 1965 and was founded by Peter Boizot. Pizza Express is the first pizzeria in London’s Soho. The brand has over 360 restaurants across the U.K. and Ireland. The new Peroni 0.0% is the new fan favourite. They have their very own PizzaExpress Live, which offers more than 1500 music shows across a number of venues, and launched their PX Records label back in 2023. PizzaExpress is conscious of the environment, and its sustainability plan is committed to being net zero by 2040.

    6. Tossin Pizza

    Parent Company: Tossin Pizza Pvt. Ltd.

    Establishment Year: 2013

    Headquarters: Gurgaon, India

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (334)

    Tossin Pizza is a Delhi-based brand that is operated by Chef Rohit Narang and his cousin Honey Mehta in 2013. The sole purpose is to bring the Italian recipe to the Indian platter. Their hand-tossed pizzas with gourmet ingredients and Quattro Formaggi, chicken BBQ, cheese burst, and wheat thin crust make them stand out. The specialities of their pizzas are their perfectly crafted crusts, premium ingredients that are handpicked and farm fresh, gourmet variety and their priority towards safety. The brand’s mission goes beyond merely serving pizza. as they strive to craft culinary delights that tantalise taste buds and are committed to delivering an unparalleled pizza experience.

    7. La Pino'z Pizza

    Parent Company: La Pino'z Pizza

    Establishment Year: 2011

    Headquarters: Chandigarh, India

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (335)

    La Pino’z Pizza, an Indian pizzeria founded in 2011 by Sanam Kapoor in Chandigarh, offers a variety of pizzas, including options for vegetarians. The brand emphasizes high-quality ingredients and has rapidly expanded, boasting numerous outlets across India. They are known for their large, value-for-money pizzas. It's become popular for its diverse menu, including gourmet and customizable pizzas, garlic bread, pasta, and desserts. The brand is recognized for prompt delivery services and a user-friendly online ordering system. With a strong focus on customer satisfaction.

    8. Oven Story Pizza

    Parent Company: Rebel Foods

    Establishment Year: 2016

    Headquarters: Mumbai, India

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (336)

    Oven Story Pizza, a brand under Rebel Foods, is known for its unique and innovative pizzas that feature four distinct cheese bases: Peri Peri, Chipotle, Tandoori, and El-Classico. Their pizzas are designed to cater to diverse palates, offering both vegetarian and non-vegetarian options loaded with fresh ingredients and signature liquid cheese toppings. Oven Story emphasizes quality and quick delivery, making it a popular choice for pizza lovers across India. The brand is available in nearly 75 cities in India. They offer appealing discounts and buy-one-get-one options to lure customers, and they are quite famous among pizza lovers.

    9. Baking Bad

    Parent Company: Baking Bad

    Establishment Year: 2014

    Headquarters: New Delhi, India

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (337)

    Baking Bad has garnered a loyal following among pizza lovers who appreciate high-quality, customisable options. They have 10+ outlets, primarily in Delhi-NCR. It stands out for its emphasis on fresh, gourmet ingredients and a personalized pizza experience. The brand allows the customers to customize their pizzas and has a wide range of pizzas, which includes thin crust pizzas, Napoli pizzas, etc., and office special offers for large pizzas as well.

    10. GoPizza

    Parent Company: GoPizza Co. Ltd.

    Establishment Year: 2016

    Headquarters: Seoul, South Korea

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (338)

    GoPizza has one of the most competitive pricing strategies in the market. GoPizza is revolutionizing the pizza experience in India with its innovative technology approach. The brand was founded by Jay Lim and recently opened its 50th flagship outlet in India. Known for its automated pizza ovens, GoPizza delivers consistent quality at a faster pace and appeals to time-conscious customers. GoPizza has one of the most competitive pricing strategies in the market. The brand is known for its quality pizzas, openness, and innovation and is available in countries like Korea, India, Singapore, Indonesia, and Thailand. The oval symbol of GOPIZZA symbolizes the beginning of a completely new pizza beyond the limits of existing pizzas.

    Final Words:

    At Indian Retailer, we understand the food market in India is very diverse, as tastes and choices are very different in every part of the country. So we have curated a list of the top 10 best pizza brands in India that are very famous for their taste all across India.

    FAQs on the Top 10 Pizza Brands in India

    1. Which is the largest pizza chain in India?

    Unveiling India's Pizza Landscape: Store Location StrategiesDomino leads the pack with 1,670 stores across India, establishing its position as the dominant player in the market.

    2. What is 3 meat pizza?

    Hand-tossed-style crust topped with savoury tomato sauce, melted mozzarella cheese, pepperoni, sausage, and crispy bacon.

    3. Which is the No 1 pizza brand in India?

    Domino's Pizza. Domino's Pizza requires no explanation for pizza fans in India. They presently dominate more than 60% of India's pizza sector.

    4. What is a mini pizza called?

    Mini Pizza called Mini Pizzetta is a flavored-packed little bite-sized Italian pizza.

    5. What is the full form of pizza?

    Pizza is a savory dish of Italian origin. Full form of PIZZA. Pizzeria Practical Insightful Zesty Zealous Attentive.

    Next Story

    Why Offline Retailers Are Key to India's MSME Boom

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (339)

    BY - Guest author
    / 8 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (341)

    For years, offline retail has served as a vital component of local communities. MSMEs (Micro, Small, and Medium Enterprises) are intricately woven into the fabric of Indian commerce. These brick-and-mortar businesses are a testament to the enduring spirit of entrepreneurship and their unwavering commitment to serving their communities. These small businesses are crucial to the Indian economy, contributing around 30 percent to India’s GDP and employing over 110 million people. This significant contribution underscores the importance of supporting and nurturing these enterprises to sustain economic growth and community well-being.

    India’s Retail Landscape: An Overview

    With a the country’s population of 1.42 billion, it would be fair to say that India’s retail landscape is diverse and vibrant. This blend of traditional and modern retail experiences - encompassing bustling local markets, neighborhood kiranas, and contemporary shopping centers - creates a dynamic environment. The offline Indian retail market captures approximately 93 percent of the total retail market share and is valued at $872 billion. The future of India’s retail sector looks promising, with an estimated Compound Annual Growth Rate (CAGR) of 10 percent between 2021 and 2029.

    How Offline Retailers Are Propelling the Industry Forward as MSMEs

    Operating as Micro, Small, and Medium Enterprises (MSMEs), traditional offline retailers play a pivotal role in sustaining local economies and driving the overall industry forward.

    Rising disposable incomes and increased spending power, particularly within India’s middle class, have been instrumental in driving substantial growth in the retail sector over the past decade. A NASSCOM report indicates that India’s retail sector accounts for nearly 10 percent of the country's GDP and employs 8 percent of the Indian formal workforce, which translates to nearly 35 million individuals. By 2030, it is projected that this sector will create 25 million new jobs. MSMEs are crucial in enabling employment opportunities and contributing to the country's overall economic growth. 2

    Additionally, NeoGrowth’s NeoInsights report Click and Mortar: The Evolution of India’s Retail Ecosystem,’ states more than 70 percent Indian shoppers value family shopping experience in a physical store. This preference allows retailers to create a symbiotic relationship that extends beyond monetary transactions, fostering strong community bonds. Businesses in sectors such as FMCG and Retail, Food and Beverage, and Consumer Durables and Electronics significantly contribute to growth in these areas.

    Digital Transformations to Offline Retail

    In the increasingly digital world, offline retailers remain unfazed by e-commerce growth. According to the NeoInsights Report of 2023, 80 percent of offline retailers said they were not threatened by the boom. In fact, offline retailers were incorporating a digital touch. For instance, offline retailers utilized social media marketplaces to list their products online to boost sales and expand to a larger customer base. Some offered free home delivery services and accepted orders via messaging apps and phone calls, catering to customers who preferred shopping from home. Such use of technology enabled close to 60 percent offline retailers to fulfill customer requests for home delivery services.

    Another interesting observation revealed that one in two offline retailers often receive customer requests to replicate products based on online reference images, a capability not typically available with online purchases. This highlights the offline retailer’s ability to combine the best of both worlds.

    The Future of Offline Retail

    India’s retail market is poised to reach $2 trillion by 2032 according to a BCG Report and offline retailers will play a pivotal role in this. While the road ahead seems bright, it is fraught with challenges, but also full of opportunities.

    One primary challenge for offline retailers is the pervasive influence of e-commerce as a continuous threat to the convenience and extensive offerings on online platforms.

    Nonetheless, personalized services, innovative marketing strategies, and loyalty programs can be leveraged to create a unique shopping environment. Offline retailers are deeply rooted in local communities. Utilizing this local connection for targeted and personalized marketing campaigns can strengthen customer loyalty and foster community engagement.

    The future of India's MSME sector is a powerful synergy between the online and offline space. By embracing click-and-mortar strategies, offline retailers can tap into the vast potential of online marketplaces, expanding their reach and customer base. Online giants can leverage the established networks and trust of physical stores to ensure seamless omnichannel experiences. The collaborative approach, fueled by technology and driven by a customer-centric mindset, holds the key to unlocking the true potential of India's MSME boom, empowering local businesses, and enriching the lives of millions.

    Authored By

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (342)

    Arun Nayyar, MD and CEO, NeoGrowth

    Next Story

    Top 10 Strong Coffee Brands Dominating the Indian Market

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (343)

    BY - Ria Duneja
    MT Editorial / 24 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (345)

    Coffee is one of the leading beverage industries in India. Some like it to be smooth, while others want to have a stronger aroma of coffee. The revenue for the coffee industry in India is estimated to reach $30.09 million by the end of 2024. Here is a curated list of the leading coffee brands in the country. Want to know who are the top 10 coffee brands in India? How are these the leading coffee brands performing in India? This article answers all the questions.

    Read More: How New-Age Coffee Brands are Revolutionizing Indian Coffee Culture

    1. Davidoff

    Davidoff offers one of the best strong coffees in India. The company has a rich scent body that is produced by combining beans from East Africa and South America. Davidoff has selected coffee blends from the top growing locations in the world skillfully blended to showcase their attractiveness. The Zino Davidoff Group, a Swiss family business established in 1980, operates solely in the non-tobacco luxury goods sector, offering an array of high-end products. Founded by Zino Davidoff, an immigrant from Ukraine, the company has expanded its offerings over the years and licenses the Davidoff brand to various companies for different business segments. The company has a revenue of 546 Swiss francs.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (346)

    Here is the top-rated Strong coffee by Davidoff

    • Espresso 57

    Bean type – 100 percent Arabica

    Taste Description - The delicate balance between roasting time and temperature is the key to making Davidoff Espresso 57. This Espresso has a unique flavor that comes from the beans' gradual development, thanks to traditional drum roasting. Explore the velvety scent with subtle hints of chocolate that will delight your senses.

    1. Nestle

    Nestle is a leading coffee brand in India. In the first quarter of FY25, Nestle India recorded a net profit of Rs 746.6 crore, up 7 percent from Rs 698.3 crore in the same time the previous year. The company serves in 188 countries and has more than 340 factories and 77 countries.

    In 1929, Louis Dapples, Chairman of Nestlé's Board of Directors, received a request from Brazil to address the surplus of coffee. In 1984, the Nescafe brand extended its coffee offerings to include coffee beans. Nestle is a Swiss multinational food and drink corporation with a wide range of products, including coffee, tea, confectionery, bottled water, dairy products, and many more. Mark Schneider took on the position of Nestle’s Chief Executive Officer in January 2017.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (347)

    Best Strong Coffee by Nestle

    1. NESCAFE Gold Instant Coffee Powder

    Bean Type - Arabica & Robusta coffee beans

    Taste Description - Made by its roasters and blenders, this premium mix is genuinely unique. Carefully roasted and freeze-dried to preserve the deep fragrance.

    1. NESCAFE Classic Black Roast Instant Coffee

    Bean Type - Robusta coffee beans

    Taste Description - A longer roasting time combined with 100 percent pure coffee results in a potent cup full of flavor and fragrance. Offers the richest, most potent flavor of coffee.

    1. NESCAFE Roastery

    Bean Type - Arabica and Robusta beans

    Taste Description - Rich and powerful taste profile of a delectably dark roast instant coffee with hints of roasted nuts and dark chocolate. Two separate rounds of roasting were used to enhance the subtle flavors and heady scent.

    1. BRU

    BRU has created a name by offering strong coffee in the Indian market. Coffee beans of the highest caliber and flawless roasting are used to make BRU Gold. It is an invigorating scent that stimulates your senses combined with excellent flavor. The customer receives the ultimate delight from enjoying the ideal cup of coffee.

    Launched in 1968 by Hindustan Unilever Limited, a British-owned Indian final goods company headquartered in Mumbai boasts a diverse range of products, including foods, beverages, cleaning agents, personal care products, water purifiers, and other fast-moving consumer goods (FMCGs).

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (348)

    Strong coffee offered by Bru

    • BRU Instant Super Strong Coffee

    Bean Type - Robusta beans

    Taste Description - The ideal ratio of 57% coffee to 43% chicory is found in Bru Instant Super Strong Coffee. The aroma of fresh coffee is kept thanks to new and improved procedures.

    1. Blue Tokai

    Blue Tokai is a well known coffee brand in India. Matt Chitharanjan and Namrata Asthana, alongside their COO Shivam Shahi, established Blue Tokai Coffee Roasters in New Delhi in 2013, with headquarters in Gurgaon, India. The renowned coffee startup, Blue Tokai, is currently in discussions for a new round of funding, with a valuation exceeding $180 million, and operates a network of over 100 outlets spanning across major cities in India.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (349)

    Best Strong Coffee by Blue Tokai

    • Vienna Roast

    Bean Type - 100 percent Arabica Coffee

    Taste Description - This mix, which contains coffee beans from Tamil Nadu and Karnataka, is the second darkest of Blue Tokai’s roasts. It has a lot of body, little acidity, and is a favorite among those who want a powerful cup of coffee with the distinct bittersweet flavors. The ideal way to eat Vienna roast is with milk.

    1. Sleepy Owl

    Sleepy Owl is known for being one of the best strong coffee brands in India. Founded in 2016 by Ajai Thandi, Ashwajeet Singh, and Arman Sood. Sleepy Owl started as a passion project in a two-bedroom apartment in Delhi’s Dwarka. Today, its products are available in over 1,000 retail outlets in Delhi and Mumbai, as well as on online platforms—the company’s website and Amazon. As a homegrown Indian coffee brand, its journey began six years ago. Sleepy Owl introduced Cold Brew and now offers over 30 coffee products.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (350)

    Best strong coffee by Sleepy Owl

    • Xpresso, Strong Blend Instant Coffee

    Bean Type - 100% Premium Robusta Beans.

    Taste Description - The coffee of your wildest and darkest dreams is Xpresso. Xpresso will satisfy your coffee desires like never before since it is bursting with flavor. It dissolves readily in milk or hot or cold water, and the sealed container keeps it fresh and makes storing it simple.

    1. TATA Coffee

    TATA Coffee is a leading brand in the beverage industry. Tracing back to 1922, Tata Coffee, a part of the Tata Group, operates 25 estates covering more than 1000 hectares in the verdant Western Ghats, thriving with diverse flora and fauna. The company, founded in 1868 by Jamsetji Tata and headquartered in Bengaluru, Karnataka, specializes in producing coffee, tea, pepper, and related products, with 19 coffee estates across South India. The brand generated a revenue of Rs $8.87 billion in 2023. Led by Chairman R. Harish Bhat and MD & CEO Chacko Purackal Thomas, the company has a strong presence and influence in the retail and B2B sectors.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (351)

    Best Strong Coffee by TATA Coffee

    • Tata Coffee Grand Classic Instant Coffee

    Bean Type - Arabica and Robusta beans

    Taste Description - For a fantastic cup, try the instant coffee chicory mix, a combination of agglomerated coffee and flavour-locked decoction crystals.

    1. Colombia Brew

    Colombian Brew Coffee is a leading coffee brand in India. It provides the optimum climate and geographic circ*mstances for Arabica beans to flourish, which in turn produces coffee. It takes inspiration from Francisco Romero, a 16th-century priest who initiated Colombia's coffee revolution. Its coffee is meticulously handpicked from the finest plantations worldwide. Founded by Laukik Bothara, with headquarters in Pune. Strong category share in retail and online positions. Colombian Brew Coffee as a top consumer coffee brand. A variety of products including ground coffee, instant coffee, flavour-infused coffee, roasted coffee beans, green coffee bags, and 3 in 1 and 2 in 1 coffee premixes are produced and sold by Colombian Brew.

    1. Country Bean

    Country Bean is considered to be a popular coffee brand in India. Established in 1963 in Southern California, it has its headquarters in Kolkata. Country Bean was founded by Aditi Somani Satnaliwala and Aneesh Satnaliwala, who aim to revolutionize the ‘at-home coffee’ experience by providing delicious, easy, and affordable coffee solutions. The Coffee Bean & Tea Leaf meticulously selects the top 1 percent of arabica beans from prime growing regions. The brand has an annual revenue of Rs 18.4 cr ($2.29 million).

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (352)

    Best strong coffee by Country Bean

    • Assorted Coffee Bundle

    Bean type - 100% Arabica coffee beans.

    Taste Description - gives a fresh coffee scent and flavor without any bitterness. Fast-brewing, robust, and excellent coffee

    1. Continental

    Continental is standing out as a well-liked coffee brand in India. CCL Products (India) Ltd. is the parent company of the brand. CCL Products is a publicly listed company that was established in 1994 and has a clientele base spanning over 90 countries. With its headquarters in Andhra Pradesh, the company, formerly known as Continental Coffee Ltd., has achieved a turnover of Rs 2,070 cr. Challa Rajendra Prasad serves as the Executive Chairman, while Challa Srishant holds the position of Managing Director. Joining the billion-dollar market capitalization club, CCL Products is a prominent player in the retail and B2B sectors.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (353)

    Best Strong Coffee by Continental

    • Continental Espresso

    Taste Description - After roasting, the medium-roasted beans are mixed, giving them a rich scent, well-balanced acidity, and a smooth, creamy texture.

    1. Rage Coffee

    Rage is a famous coffee brand in India. Founded in 2018, Rage Coffee sources its beans from top plantations in Ethiopia and India. It is led by CEO and Founder, Bharat Sethi. It is a subsidiary of Swmabhan Commerce Private Limited, a fast-moving consumer goods company. Rage Coffee focuses on manufacturing, marketing, and distributing innovative coffee products, generating an annual revenue of Rs 24.1cr. Positioned as one of the fastest-growing direct-to-consumer brands, Rage Coffee stands out as India’s pioneering plant-powered coffee, enriched with six plant vitamins.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (354)

    Best strong coffee by Rage

    • Silk Blend- Vanilla Velvet & Creamy Hazelnut

    Bean type - Arabica beans

    Taste description - Rich, flavorful, full-bodied, and bold cup. Every cup is velvety and wonderful with overtones of robust and delectable flavors.

    Final Word

    In the eyes of Indian Retailer, coffee stands second in the list of most liked non-alcoholic beverages in India. These top 10 strong coffee brands are leading in the market for their taste, brewing techniques, and for offering different flavors. These popular coffee brands in India are offering the best brew from famous plantations in the world.

    FAQs

    Which is the largest coffee seller in India?

    TATA Coffee is the largest coffee seller in India.

    Who is the father of coffee?

    Kaldi, an Ethiopian goat herder is known as the father of coffee.

    Where does coffee originate from?

    Ethiopia is where coffee first came to be grown, and the Arabian Peninsula adopted it later.

    Which is the richest coffee in India?

    Luwak coffee raw beans is the richest coffee in India.

    Which state produces the largest amount of coffee in India?

    Karnataka is the largest producer of coffee in India.

    Next Story

    Top 10 Red Wine Brands in India

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (355)

    BY - Saptopriya Ghosal
    Junior Writer / 30 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (357)

    Red wines have long been appreciated for their rich aromas, nuanced flavors, and unique drinking experience. The middle class and increased demand for premium wines have driven substantial expansion in India's red wine sector. India's market for alcoholic beverages was estimated to be worth $55 billion in 2023. By 2027, the industry is predicted to have grown at a CAGR of 7 percent and reach $73 billion. Both domestic and foreign red wine brands have grown significantly in popularity as tastes change. Here are the top 10 red wine brands available in India as of 2024.

    Top 10 Best Red Wine Brands in India 2024

    Find the best red wine brands in India with our top 10 picks. Enhance your inventory with these top selections and stay ahead of market trends!

    1. Jacobs Creek

    Variants:

    Classic Shiraz

    Reserve Cabernet Sauvignon

    Double Barrel Shiraz

    Manufacturer: Jacob's Creek

    Winery: Jacob's Creek Winery, Barossa Valley

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (358)

    Jacob’s Creek is a luxurious winemaking brand that belongs to the Pernod Ricard group. It was founded by Johann Gramp in 1847. The brand comes from the Barossa Valley in South Australia and is one of the most famous brands in India. Jacob's Creek winemakers strive to produce wines that are a true expression of the terrain as well as the suitable climate of the Barossa Valley. Their wines have a robust taste and sometimes include notes of ripe berries, subtle oak, and spice. The main components are Shiraz and Cabernet Sauvignon grapes, which are grown with the utmost care and attention to detail to ensure only the best quality. The Jacob’s Creek winery is home to the largest onsite winery combined with a D solar installation. They follow sustainable winegrowing, which enables them to produce high-quality wines while meeting environmentally responsible standards around biodiversity, soil, water, and energy.

    ProductABV%
    Classic Shiraz13.9
    Reserve Cabernet Sauvignon14.6
    Double Barrel Shiraz14.6

    Read More: Scotch vs. Whisky: The Key Differences Explained

    2. Fratelli

    Variants:

    Classic Shiraz

    Sangiovese Bianco

    Merlot

    Manufacturer: Fratelli Wines

    Winery: Fratelli Vineyards, Maharashtra

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    Fratelli Wines is a wine brand established in 2006 and was founded by the collaboration of the Secci brothers from Italy with the Sekhri and Mohite-Patil brothers from India. They hold a 240-acre vineyard in the region of Akluj, Maharashtra, from where Fratelli is based. It combines Italian wine-making skills with Indian terroir. The wines are skillfully made, and they have a complex color with notes of dark fruits, spices, and earth. Key ingredients are Shiraz, Sangiovese, and Merlot grapes, which are so sturdy and have such rich taste that they are the most popular among wine lovers. Fratelli is known for India’s largest privately owned wine estate. The winery's high-tech laboratory also ensures the highest level of quality and discipline are maintained at each and every step of the manufacturing process.

    ProductABV%
    Classic Shiraz13.5
    Sangiovese Bianco12.5
    Merlot13.5

    Read More:Top Whisky Brands in India for 2024 | ABV%

    3. Sula

    Variants:

    Sula Rasa Shiraz

    Dindori Reserve Shiraz

    Satori Merlot

    Manufacturer: Sula Vineyards

    Winery: Sula Vineyards, Nashik

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    Sula Vineyards was established by Rajeev Samant in 1999, and in a short span of time, the company has turned out to be the largest wine producer in India. Sula is India’s leading wine company, spearheading the distribution of wine from India across the world. The brand is headquartered in Nashik, Maharashtra, and is known for its quality and innovation in Indian winemaking. Among their red wines, the ones are awarded for rich, fruity flavors with notes of spice and oak. The grapes used are Shiraz and Merlot, the ones selected for their ability to produce strong and flavorful wines. Sula is one of the most sustainable winemaking brands in the world, with more than 2 MW of solar PV installed.

    ProductABV%
    Sula Rasa Shiraz13.5
    Dindori Reserve Shiraz14.0
    Satori Merlot13.0

    4. Aurva Chandon

    Variants: Aurva

    Manufacturer: Chandon India

    Winery: Chandon Winery, Maharashtra

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    Chandon is a winemaking brand that is part of Moët Hennessy (LVMH) company, which was established in 1959 by Robert Jean de Vogue. The Indian operations are based in Nashik, Maharashtra. Chandon Aurva is a new adventure for our Maverick brand. Aurva is something added to introduce to India and the world. Made with the historic Shiraz grape, a collaboration between an Indian and an Australian winemaker includes grilled and barbecued meats, lamb shawarma, and full-flavoured curries such as chicken tikka masala. Chandon is the first offering from Moët Hennessy to be made in India and is now available across 22 cities in India.

    ProductABV%
    Chandon Aurva14.0

    5. Riviera

    Variants:

    Rivera Syrah

    Rivera Cabernet Sauvignon

    Rivera Merlot

    Manufacturer: Rivera Wines

    Winery: Rivera Vineyards, Maharashtra

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    Riviera Wines is a wine company that has red wines that are the reflection of Indian winemaker art in viticulture, was established in 1982 by Shamrao Chougule. The brand is based in Mumbai, Maharashtra. Rivera is a company that is well-known for showing its commitment to producing high-quality wines. The red wine is based on the Shiraz grape which has black pepper and plum fruit aromas, whereas the white wine is based on Chenin blanc with aroma of fresh fruit. The leading varieties of grapes include Syrah, Cabernet Sauvignon, and Merlot. Their selectively matured grapes are handpicked and transported to the winery mostly at night and crushed early in the morning when still cold.

    ProductABV%
    Rivera Syrah13.5
    Rivera Cabernet Sauvignon14.0
    Rivera Merlot13.5

    6. Grover Zampa

    Variants:

    La Réserve

    Vijay Amritraj Reserve Collection

    Manufacturer: Grover Zampa Vineyards

    Winery: Grover Zampa Vineyards, Nandi Hills, and Nashik

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    Grover Zampa Vineyards stands at the forefront of Indian wine, and its headquarters are in Bangalore, Karnataka. It was established by Kanwal Grover. In 1992, the first vineyard was set up. The popular Zampa range was launched in 2008 and owns the award-winning Zampa Soirée wine. Their wines display great depth and poetic expression, which are reminiscent of the flavors palette of dark berries, spices, and oak. The grapes used, such as Shiraz and Cabernet Sauvignon, are meticulously chosen to ensure that a premium wine is the result. The wines of this brand are created with an uncompromising and passionate focus on quality and attention to detail in all aspects, which permits the vineyard to express its true potential.

    ProductABV%
    La Réserve14.0
    Art Collection Shiraz Rosé13.0
    Vijay Amritraj Reserve Collection14.5

    7. Four Seasons

    Variants:

    Four Seasons Barrique Reserve Shiraz

    Four Seasons Merlot

    Four Seasons Viognier

    Manufacturer: Four Seasons Vineyards

    Winery: Four Seasons Vineyards, Baramati, Maharashtra

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    Four Seasons is a vineyard that is owned by United Spirits Ltd. (Diageo Group) and was established in 2006. The wines originate in Baramati, Maharashtra, a town rich in poetry and history, both of which are essential ingredients in winemaking. Four Seasons produces wines that are both sophisticated and characterful, with dark fruit, spice, and oak as the main notes. The primary grape varieties used are Shiraz, Merlot, and Viognier, which were grown in the Baramati area. Four Seasons has won 48 international awards in the wine circuit since its inception.

    ProductABV%
    Four Seasons Barrique Reserve Shiraz13.5
    Four Seasons Merlot13.0
    Four Seasons Viognier12.5

    8. Big Banyan

    Variants:

    Big Banyan Merlot

    Big Banyan Shiraz

    Big Banyan Cabernet Sauvignon

    Manufacturer: Big Banyan Wines

    Winery: Big Banyan Vineyards, Goa

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    Big Banyan Wines is a winemaking brand that is part of John Distilleries Pvt. Ltd., which was established in 1996. Bangalore, Karnataka is their base, and their wines are well-known for their powerful flavors with ripe fruit and spice notes. The first winery was set up in Goa, and they have launched a winery in Bengaluru. The main grapes that are used are Merlot, Shiraz, and Cabernet Sauvignon, which are grown in such a way that they produce a wine with a lot of character and a complex flavor. Big Banyan has won six trophies at the IWCCA.

    ProductABV%
    Big Banyan Merlot13.5
    Big Banyan Shiraz14.0
    Big Banyan Cabernet Sauvignon13.5

    9. Dia

    Variants:

    Dia Red

    Manufacturer: Sula Vineyards

    Winery: Sula Vineyards, Nashik

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (366)

    Dia is a winemaking brand that is part of Sula Vineyards, which was established by Rajeev Samant in 1999. Based in Nashik, Maharashtra, Dia wines are known for their light, fruity flavors, and lower alcohol content. The wines often feature notes of fresh fruits and a crisp finish. The major blends used ensure a balanced and approachable wine. Sula recently launched the Dia Red Wine Sparkler, which comes in a can. The brand makes wines with ultimate respect to the environment, following sustainable practices.

    ProductABV%
    Dia Red10.0

    10. Arros

    Variants:

    Arros Cabernet Shiraz

    Arros Shiraz

    Arros Merlot

    Manufacturer: Good Drop Wine Cellars

    Winery: Good Drop Vineyards, Nashik

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (367)

    Arros is a red wine manufactured by York Winery, which is headquartered in Nashik, Maharashtra, Arros is a reserve blend of Shiraz and Cabernet Sauvignon. Arros is the flagship red wine of York Winery and is composed of the best barrels from the best vintages making its production very limited to less than 10000 bottles. The nose of the wine has lifted a jammy, sweet vanilla and Christmas cake palette with hints of nutmeg, cloves, blackcurrant, and coffee. It is aged for 12-15 months. The primary grapes used include Shiraz and Cabernet Sauvignon, chosen for their robust characteristics.

    ProductABV%
    Arros Cabernet Shiraz14.0
    Arros Shiraz14.0
    Arros Merlot13.5

    Final Word

    At Indian Retailer, we see how this Indian red wine market is diverse and evolving, with both domestic and international brands offering an impressive range of flavors and styles. Whether you prefer the bold notes of a Shiraz or the subtle elegance of a Merlot, these top 10 red wine brands in India provide an excellent starting point for exploring the rich tapestry of red wines available in India. Cheers to discovering your next favorite bottle!

    FAQs on the Top 10 Indian Red Wine Brands

    1. What is red wine?

    Red wine is an alcoholic drink with a deep red color that comes from dark-colored grapes. To produce red wine, winemakers ferment crushed grapes, including the grape skin. Yeast grows and takes in the natural sugars, converting them into alcohol. The grape skin gives red wine some of its color and flavor.

    2. Which is the largest distributor of wine in India?

    Brindco Sales Limited is one of the largest distributors of wine in India, known for its extensive distribution network and wide range of imported and domestic wines.

    3. Which is the richest red wine in India?

    Zampa Insignia is one of the finest and most expensive red wines in India, priced around Rs 5000 per bottle.

    4. Who can import wine in India?

    In India, only licensed importers and authorized distributors can import wine. These entities must obtain a license from the Directorate General of Foreign Trade (DGFT) and comply with state excise regulations.

    Next Story

    Global Influences: How Indian Consumers are Driving the Shift Towards International Furniture Trends

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (368)

    BY - Guest author
    / 6 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (370)

    The Indian furniture market is undergoing a remarkable transformation, driven by evolving consumer preferences and global influences. As we witness this shift, it's clear that the industry is not just growing—it's reinventing itself to meet the sophisticated demands of a new generation of consumers.

    The Growth Story: A Market on the Move

    India's furniture industry is on an impressive trajectory, with projections indicating a revenue of $5.48 billion in 2024. This sector is set to expand at a compelling 6.42 percent compound annual growth rate over the next five years. The home décor segment stands out as the largest contributor, expected to account for $1.95 billion of the total market volume in 2024. While these figures are impressive, they also highlight the immense potential for growth when compared to global leaders like the United States, which is estimated to generate $263 billion in revenue in 2024.

    The Winds of Change: Factors Shaping Consumer Preferences

    Several key factors are influencing this shift towards international furniture trends:

    Digital Marketplace Revolution: The internet has transformed how Indians shop for furniture. As one of the world's largest digital markets, India offers unparalleled reach for businesses, especially in smaller cities and towns. Online platforms have made a wide range of styles and brands accessible to consumers across the country.

    Eco-Conscious Consumerism: Environmental awareness is on the rise among Indian buyers. This has led to increased demand for furniture made from sustainable materials like bamboo, responsibly sourced hardwoods, and upcycled materials. Manufacturers are adapting their practices to align with these evolving preferences.

    Tech-Integrated Living Spaces: The Internet of Things (IoT) has made its way into our furniture. From sofas with built-in charging stations to wardrobes with smart lighting, tech-integrated furniture is gaining popularity among India's tech-savvy population.

    Space-Efficient Solutions: As urban living spaces shrink, the demand for clever, multifunctional furniture is growing. Modular designs, convertible pieces, and innovative storage solutions are becoming increasingly sought after, reflecting a global trend towards efficient living.

    The Socio-Economic Catalyst

    The shift towards international furniture trends is not just about changing tastes—it's deeply rooted in India's socio-economic evolution. The growth of nuclear families, the rise in double-income households, and overall economic progress have increased the willingness to invest in home lifestyle products. There's a psychological need for comfort and luxury that aligns perfectly with global design aesthetics.

    Bridging Global and Local Tastes

    As Indian consumers embrace international furniture trends, retailers and design centers are adapting to meet this evolving demand. Many are now offering a diverse mix of national and global brands, showcasing styles from across the world. This shift is evident in the increasing availability of furniture and decor from various countries, including Turkey, Italy, Germany, France, and the United States.

    The range of styles available has also expanded significantly. Indian consumers can now choose from Scandinavian minimalism, vintage-inspired pieces, traditional designs, and bohemian aesthetics, all within the same retail space. This variety reflects the growing sophistication of the Indian market and its alignment with global design sensibilities.

    Looking Ahead: The Future of Furniture in India

    As we look to the future, it's clear that the Indian furniture market will continue to evolve, influenced by global trends but shaped by local preferences. The integration of smart technology, the demand for sustainable products, and the desire for multifunctional pieces will likely drive innovation in the industry. For consumers, this shift presents an exciting opportunity to explore diverse styles and create truly personalized living spaces. For businesses, it's a call to adapt, innovate, and cater to a market that's increasingly global in its outlook.

    Authored By

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (371)

    Dr. Mahesh M, CEO, Creaticity

    Next Story

    Raymond's Technological Leap: AI, Omnichannel Strategies, and the Future of Retail

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (372)

    BY - Nandini Banerjee
    Managing Editor, IndianRetailer.com & Retailer Media / 8 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (374)

    Raymond, a brand synonymous with quality and heritage in India, is not just resting on its laurels. The company has embarked on a technological revolution, integrating AI and omnichannel commerce to ensure that it stays relevant and competitive in today’s fast-paced retail environment. In an in-depth discussion with Ravi Hudda, Chief Technology Officer, Raymond, we delve into how the company is embracing the future.

    Omnichannel Commerce: Meeting Consumers Where They Are

    In today’s retail landscape, the line between online and offline shopping is increasingly blurred. Hudda explains, "Omnichannel has become a necessity from a consumer perspective. Today, consumers crave a physical experience in-store as much as they appreciate the convenience of browsing websites or marketplaces. To remain in the consumer’s consideration set, a diverse strategy to attract and capture consumers across various channels is essential."

    Raymond's journey towards an omnichannel strategy began well before the pandemic, but it was COVID-19 that accelerated the process. "Standalone channels, both online and offline, have been operating in India since 2015 and 2016," Hudda notes, "but COVID put the entire omnichannel journey on steroids. Physical retail consumers wanted to engage with brands, and online became a very big touchpoint. Once restrictions eased, we saw a surge in consumers returning to physical stores, leading to a phenomenon we call ‘revenge buying’."

    Raymond's omnichannel strategy now spans across its vast retail network of approximately 1,500 exclusive brand outlets (EBOs), shop-in-shop formats, and franchisee stores. The brand is also present across all major e-commerce marketplaces and runs its own direct-to-consumer (D2C) website. "If you combine all retail touchpoints, we have more than 20,000 across the country," says Hudda, highlighting the sheer scale of Raymond's reach.

    The Power of AI

    As Raymond expanded its omnichannel presence, the need for deeper consumer insights became apparent. Enter Staqu, an AI-powered retail analytics platform that the company has integrated into its stores. "We all know that AI has huge potential," Hudda states. "When a consumer visits our website, we get full insights—where they come from, what pages they land on, what products they view, and their conversion rates. But what about in-store? We wanted to understand consumer journeys in our stores—when they arrive, who they are, how much time they spend, and their conversion rates."

    Staqu’s Jarvis, a video analytics solution, provided the perfect answer. Atul Rai, Co-founder and CEO, Staqu, explains, "Raymond already had cameras in its stores, so the idea was to leverage this existing infrastructure. We connected the feed to the cloud, where Jarvis analyzes the data. The AI tracks footfall, identifies unique visitors (excluding employees), and analyzes consumer behavior within the store."

    This technology allows Raymond to create heatmaps of store sections, track which products attract the most attention, and measure how long consumers engage with these products. "This is information you typically get from online shopping, but offline stores were missing out on it," says Rai. "Now, cameras play a powerful role in providing this data, helping the company optimize their store layouts and product placements."

    Ensuring Privacy in a Data-Driven World

    With the increasing use of AI and data analytics, privacy concerns are at the forefront. Both Hudda and Rai emphasize Raymond’s commitment to consumer privacy. "In India, we follow GDPR guidelines, even though there isn’t a data protection law in place yet," Rai assures. "We’re the only company in the country that is GDPR compliant, getting audited monthly to ensure we’re up to standard."

    The data collected by Jarvis is anonymized and does not include any personally identifiable information (PII). "We do not collect data related to faces or any other re-identifiable markers," Rai explains. "The data is stored on Raymond’s cloud, and Staqu does not have access to it. This ensures that Raymond maintains full control over their consumer data, safeguarding it within their firewall."

    Hudda adds, "Think of it as a watchman sitting outside the store counting the number of people entering. He’s not interested in faces, just the numbers. That’s how we use AI—purely to enhance consumer experience without compromising privacy."

    Measuring Success

    For Raymond, the integration of AI is not just about staying ahead of the curve; it’s about tangible results. "Any investment in technology is measured on ROI," Hudda states. "For instance, if I have two stores in different locations and one has a lower conversion rate, I can analyze whether customers are not spending enough time in the right sections or if our staff needs better training in cross-selling and upselling."

    Furthermore, the insights from Jarvis enable Raymond to make more informed decisions about store displays, visual merchandising, and even marketing campaigns. "My marketing dollars are becoming more efficient because I can measure the impact of each campaign," Hudda says. "I can refine those campaigns to create better footfalls and conversions."

    Expanding Tech Horizons

    Raymond is not stopping at just AI-powered analytics. The brand is actively exploring other technological innovations to enhance customer experience. "We are working on multiple generative AI solutions to make the consumer journey easier, more interactive, and engaging," Hudda reveals. While he remains tight-lipped about specific details, it’s clear that the company is gearing up to announce significant progress in the coming quarters.

    As Raymond continues to evolve, embracing technology and innovation, it stays true to its legacy while preparing for the future. By integrating AI and omnichannel strategies, the brand is not just meeting consumer expectations but setting new standards in the retail industry.

    Next Story

    Top Gold Jewellery Brands in India: A Shiny, Curated List

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (375)

    BY - Ria Duneja
    MT Editorial / 21 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (377)

    Gold is a significant part of India. People of our country buy gold not just for investment purposes, but for their fondness and love for the lustrous metal. For decades, Indians bought gold from their family jewellers - those who they trusted for generations, however, today some jewellery brands have established their dominance in the booming market. How and when these top goldjewellery brands came into being? Here is a curated list of the top 10 gold jewellery brands in India. This article presents all the information you need on the best gold jewellery brand in India.

    Read More: How Farah Khan Ali Transformed Indian Jewelry with Bold Designs and Sustainability

    Top 10 Gold Jewellery Brands in India

    Here is a curated list of top gold Jewellery brands in India. Learn more about the leading jewellers in the market.

    1. Tanishq

    Tanishq, a leading gold jewellery brand in India, was founded in 1994. It is a division of Titan Company. This Indian jewellery brand has its headquarters in Bengaluru. Xerxes Desai is the founder of the jewellery brand. Tanishq has a presence across more than 410 retail stores in 240 cities in India, UAE, the US, Singapore, and Qatar. International expansion started with its first store in the UAE, around COVID-19 pandemic. The company has launched a sub-brand called Rivaah, focusing on the wedding sector. Hallmark has granted authentication to Tanishq. The company has been awarded Dot Design as the World's highest honor for product design.

    Recently, Tanishq opened a new store at Omaxe Chowk, Delhi. Check Here

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (378)

    2. Kalyan Jewellers

    Kalyan Jewellers, the popular jewellery brand pan-India, has a family legacy in the business. It was launched in 1908. Kalyan Jewellers FZE is the parent company of the gold jewellery brand. T. S. Kalyanaraman is the founder. It opened its first showroom in 1993 in Thrissur, Kerala, and expanded its presence across pan-India in 2012. It started expanding internationally by opening 6 showrooms in the UAE; now the brand has around 30 showrooms in the Middle East (Qatar, Kuwait, Oman). Today the jewellery brand has 137 showrooms, out of which 107 are in India and 30 are in the Middle East part of the world. The brand has been awarded as the most influential brand by DC Books and DC Media. Kalyan collaborated with Amitabh Bachchan as its national brand ambassador.

    Kalyan Jewellers reveals the revenue growth report. Read More Here

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (379)

    3. Malabar

    Malabar is another leading gold jewellery brand in India. M. P. Ahammed is the founder and chairman of Malabar, which launched in 1993. He achieved the Global Excellence award from Defense Minister Nirmala Sitaraman and got recognized with the APCO Group's Haji A.P. Award from Kerala Chief Minister Oomen Chandy. Malabar is present nationally and internationally, making a retail network of more than 350 outlets across 13 countries with 15 other business vertices. India, the Middle East, the Far East, and the US are the countries where Malabar has a strong presence with multiple offices, design centers, wholesale units, and factories. The brand offers 100 percent BIS Hallmark gold in the market. Alia Bhatt was signed up as the brand ambassador for Malabar.

    Malabar Gold & Diamonds Expands in UK, Opens Second Showroom in Leicester. Read More Here

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    4. Reliance Jewels

    Reliance Jewels, a top gold jewellery brand in India, was established in 2007. The first launch of the brand was through its showroom opening in Iscon Mall, Ahmedabad. Reliance Retail is the parent company. Reliance Jewels has 400+ stores in showrooms and shop-in shops formats across 200+ cities. The brand deals with only 100 percent BIS Hallmark gold. Reliance Jewels was recognized as ‘Brand of the Decade’ by BARC Asia Awards in 2023.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (381)

    5. PC Jewellers

    PC Jewellers is regarded as the top gold jewellery brand in India. A first-generation business founded by Padam Chand Gupta and Balram Garg. It opened its first showroom in 2005 in Karol Bagh, New Delhi. Today the brand is available across 67 cities in 17 states in India. PC Jewellers is the fastest-growing jewellery retail chain with standalone stores at high-street locations. PC Jewellers featured Akshay Kumar and Twinkle Khanna as their brand ambassadors. The gold jeweller brand was awarded the Niryat Shree Silver Trophy in the gems and jewellery non-MSME category by the Federation of Indian Export Organizations, set up by the Ministry of Commerce and Industry, Government of India.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (382)

    6. Joyalukkas

    Joyalukkas is a leading gold jewellery brand in India. Founded in 2001 by Alukkas Group, the inception happened in 1987 by Alukka Joseph Varghese, who laid the ideology behind the brand. The gold jewellery brand is based in Kerala and Dubai, with more than 160 showrooms in 11 countries around the globe. Including India, the UK, the US, Singapore, Malaysia, the UAE, Qatar, Kuwait, Bahrain, and Oman. Joyalukkas is the first retail jewellery brand to be awarded both the prestigious ISO 9001:2008 and 14001:2004 certifications. Along with that, Joyalukkas has received Dubai Quality Awards Certification from H. H. Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. Actress Kajol has been signed up as the brand ambassador for Joyalukkas.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (383)

    7. Senco

    Senco is another top gold jewellery brand in India. With a legacy of more than 80 years, Senco Gold Limited owns the brand. It was incorporated in 1994 in Kolkata, under the chairmanship of the late Shri Shankar Sen. It was launched under the provisions of the Companies Act, 1956. Today the chairman and director of Senco is Ranjana Sen, representing the gold jewellery brand in more than 16 states with 150 showrooms in India. Senco has earned Jagran Achiever’s Award 2023 for Excellence in Design Innovation in Gold and Diamonds. It partnered with Kiara Advani as the brand ambassador of the brand.

    Senco Gold and Diamonds Spearheads 'Make in India' Commitment Through ONDC Integration. Read More Here

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    8. CaratLane

    CaratLane has emerged as the top new-age gold jewellery brand in India, which began its journey as a D2C brand. The brand was incorporated in 2008 by Mithun Sacheti and Srinivasa Gopalan. It has its headquarters in Chennai. CaratLane was acquired by Titan Company in 2016, making it the parent company. The gold jewellery brand is present in more than 100 cities in India with over 270 retail stores. It has an omnichannel presence in the market, providing physical and online retailing. CaratLane has used technology as a way to upscale; for instance, it used applications on smartphones with face recognition and 3D imaging technology for customers to try on the product virtually.

    CaratLane's Progressive Ties with PhonePe for Digital Gold Redemption : Read More Here

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (385)

    9. Bluestone

    Another D2c jewellery brand that became an omnichannel giant is Bluestone. It has today gained prominence among the best gold jewellery brands in India. The brand was founded by Gaurav Singh Kushwaha. It started with an initial investment from Accel and Saama Capital in 2011, and launched its first store in 2018. Today, it has over 150 stores in India. The gold jewellery brand is shipping internationally to the US, UK, Canada, as well as Australia. Bluestone had been awarded for outstanding e-retail performance in 2024. It signed with Alia Bhatt as its first brand ambassador.

    Gaurav Singh Kushwaha redefines the landscape of jewellery shopping in India. Read More Here

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (386)

    10. Zoya

    Zoya is a leading gold jewellery brand in India. It is a luxury jewellery boutique owned by the house of TATA. It started operations in 2010 with innovative artisanal techniques that were critically analyzed from the traditional Indian karigari. Zoya began with 5 flagship boutiques and 2 retail stores in 5 cities in India—namely Mumbai, Bangalore, Delhi, Hyderabad, and Gurgaon. Recently, Zoya launched its new flagship store in the south extension, New Delhi. The gold jewellery brand signed Sonam Kapoor as its brand ambassador.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (387)

    Final Words

    In the eyes of Indian Retailer, gold jewellery is a fail-safe way of investment. Not just that, gold is valued due to its durability, historical significance, as well as a medium of exchange. Here are all the top 10 gold jewellery brands in India, for you to learn more about the leading jewellers in the market. Read more about - Top 5 Jewellery brands in India

    FAQs

    Does gold have a standard price across all brands?

    Mostly, gold has a fixed price but can vary due to making charges, design, brand premiums, and styles.

    Do brands offer certification for the gold jeweller?

    Yes, gold jewellery brandsoffer certifications like BIS Hallmarking, which ensures purity.

    Is there any exchange policy for jewellery?

    Yes, reputed brands do provide an exchange policy where old jewellery can be exchanged at a fixed price for a new one. In case of a lower price for the old jewellery, the remaining amount can be paid.

    Next Story

    Top 10 Laptop Brands in India (2024)

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (388)

    BY - Saptopriya Ghosal
    Junior Writer / 30 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (390)

    In today’s tech-driven world, India with its booming digital economy, laptops have become an essential tool for personal and professional use. Early in the 1980s, laptops with the flip form factor were introduced. In Australia, the Dulmont Magnum was introduced in 1981–1982. However, it wasn't sold outside until 1984–1985. The $8150 (equivalent to $25730 in 2023) GRiD Compass 1101, released in 1982, was used at NASA and by the military, among others. The choice of a laptop brand can significantly impact your user experience. From powerful machines for gaming and professional work to sleek, lightweight models for everyday tasks. Here’s a list of the top 10 laptop brands in India to explore how they are impacting the Indian Market.

    10 Laptop Brands Review: Pros & Cons

    BrandProsCons
    ApplePremium build quality and design
    Seamless ecosystem integration
    High performance with Apple Silicon chips
    Excellent battery life
    Expensive
    Limited customization options
    Compatibility issues with some software
    HPA wide range of models
    Affordable options available
    Good build quality
    Reliable customer service
    Bloatware in some models
    Inconsistent battery life
    Design can be bulky
    DellStrong performance with innovative features
    Extensive range of products
    Good after-sales support
    High-quality displays
    Some models can be expensive
    The design may feel less premium
    Pre-installed bloatware in some models
    LenovoDurable and robust build
    Good performance for business and personal use
    Versatile range of options
    Great keyboards
    Design may seem uninspiring
    Mid-range models can have average battery life
    Software issues on some models
    AsusExcellent gaming laptops with high-end specs
    Competitive Pricing
    Innovative designs
    Good display quality
    Some models have heat management issues
    Limited battery life on gaming laptops
    Bloatware presence
    AcerBudget-friendly options
    Good performance for the price
    Wide variety of models
    Decent build quality
    Average battery life
    Build can feel less premium Customer service can be inconsistent
    MicrosoftPremium design and build quality
    Great touchscreens
    Excellent battery life
    Seamless Windows integration
    Higher price point
    Limited hardware options
    Expensive accessories
    SamsungExcellent display quality
    Long battery life
    Stylish and lightweight design
    Good overall performance
    Higher price range
    Limited model availability
    Less powerful than some competitors
    HCLCost-effective options
    Suitable for educational and enterprise use
    Basic performance for everyday tasks

    Limited availability

    Outdated designs
    Lack of high-end specifications

    LGLightweight and portable
    Excellent battery life
    Good display quality
    Premium build and design
    High price point
    Limited gaming options
    Availability may be limited

    List of Top 10 Laptop Brands in India

    Here we put the list of the top 10 laptop brands in India which are driving the Indian Market and becoming giants in the tech industry.

    1. Apple (MacBook)

    Apple is an American multinational technology company founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in the year 1976. It is a company identified with its premium, high-end MacBook laptops- great productivity combined with ultra-modern design. Apple has a total revenue of $383.29 billion, the California-based company holds its headquarters in Cupertino, California. As of 2023, Apple was the fourth-largest personal computer vendor with a market share of 9 percent by unit sales and the largest manufacturing company by revenue.

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    Apple is equipped with features such as Retina displays, M1 and M2 chips, and interference-free operation with products from other Apple. Along with its excellent security system, MacBook products are also recognized for their premium construction quality. Apple recently announced the new MacBook Air with the powerful M3 chip, taking an incredible combination of power-efficient performance and portability to a new level making it up to 60% faster.

    2. HP

    HP is a leading tech company that was founded in 1939 by Bill Hewlett and David Packard, is now a top laptop brand that has a broad range of products that suit various budgets. Located in Palo Alto, California, HP is worth approximately $12.8 billion as of Q2 in 2024. HP's laptop computers are renowned for their stylish designs and high-speed performance with series like Pavilion, Envy, and Spectre which have superior quality features providing the best performance. With that HP laptops hold a market share of 21.9 percent in the global market as of 2023.

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    HP laptops offer the HP Command Center, which allows users to optimize performance, fan speed, and noise levels. The Spectre x360 is a popular device among users because of its versatility and stylish look.

    3. Dell

    Dell is a technology brand founded in 1984 by Michael Dell that can be trusted and, at the same time, it is an innovator. The headquarters is based in Texas, USA. Dell has a revenue of $22.2 billion in Q1 2024, up 6% YoY growth and a market share of 16.6 percent. Dell is the Most Trusted Brand in India and is most commonly recognized for its laptops, which are personalized according to customer specifications.

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    Dell brings the world’s broadest GenAI portfolio to help lead the AI revolution. The Inspiron series is suitable for everyday users, whereas the Alienware line is for gamers. The Dell CinemaColor technology offers enhanced color accuracy, contrast, and depth for a stunning visual experience, making these laptops perfect for media consumption and professional use. Dell, being renowned for its performance and innovation, has become the favorite of professionals looking for the best quality and reliability and has acquired companies like Alienware, known for high-end gaming PCs.

    4. Lenovo

    Lenovo is one of the top laptop makers in the world. It was started by Liu Chuanzhi in 1984 and now has a revenue of over $56,864 million in 2024 and the highest market share of 24.8 percent in the global market as of 2023. The headquarters of the company are located in Beijing, China and the operational headquarters are in Morrisville, North Carolina. Lenovo has operations in over 60 countries and it sells its products in around 180 countries.

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    Among the innovative and quality devices is the ThinkPad series, admired by professionals and renowned for its TrackPoint navigation and ThinkShutter camera cover, offering innovative cursor control and privacy protection. While the IdeaPad and Legion series are gaming and general consumer-friendly. The ThinkPad X1 Carbon is a relatively new model, but it is already loved for its long battery life and good-quality keyboard. Lenovo has built a solid reputation for quality and performance that allows it to cater to various user segments. Lenovo ranked #248 on the Fortune Global 500 list.

    5. Asus

    Asus is a high-tech company known for its gaming PC that was established by T.H. Tung, Ted Hsu, Wayne Tsiah, M.T. Liao and Luca D. M., in 1989. It is headquartered in Taipei, Taiwan. The ROG (Republic of Gamers) series is one of the brand's hottest sellers for gamers and has a market share of 7.1 percent as of 2023. The product comes with a strong graphics card and a cooling system that can withstand high temperatures. Asus integrates Aura sync RGB lighting, allowing gamers to customize the aesthetics of their laptops.

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    Asus is known for its creative design, and a good value for money, but a few models have thermal issues, which made it lose some confidence. ROG Zephyrus G14 is loved by many for its great gaming and portability. In 2019, Asus earned more than eleven awards from some of the world’s most prestigious organizations and media groups and was named the World’s Most Admired Companies by Fortune.

    Read More:ASUS India: Pioneering Next-Gen Gaming

    Earlier in News:ASUS India Launches 4th Select Store for Refurbished Products in Hyderabad

    6. Acer

    Acer is a technology company that was founded by Stan Shih, Carolyn Yeh, and Lemuel Girma in 1976 and is a well-known brand for its low-cost and high-quality products. Acer is headquartered in Xizhi, New Taipei City, Taiwan. As of 2024, Acer’s revenue was about $28.19 billion in June and is the world’s sixth-largest personal computer vendor with a market share of 6.6 percent which has been making cheap laptops such as the Aspire line for students and Predator series for gamers.

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    Acer’s Predator laptops are equipped with Predator Sense software, enabling users to control and customize system settings. Generally, Acer products offer decent performance and Full HD displays, but may not be the best choice in terms of build quality, as some models tend to have inconsistent quality. In 2019, Acer and Ubisoft teamed up for the Rainbow Six Pro League and other major esports events with the Predator brand as the PC and monitor sponsor. The company announced the esports social platform PLANET9.gg which aims to provide game analytics, community-organized competitions, and social experiences.

    Earlier In News:Acer Unveils TravelLite Laptop Tailored for Business Needs

    7. Microsoft

    Microsoft is an American multinational tech company founded by Bill Gates and Paul Allen in 1975, Microsoft is a tech behemoth known primarily for its Surface range of laptops. Its headquarters in Redmond, Washington, USA, is where the tech giant has a revenue of $245.1 billion as of 2024.

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    Microsoft laptops, although more expensive, outshine their competitors due to their top-notch construction and effortless compatibility with the Microsoft ecosystem, making them the preferred choice for tech aficionados and professionals. Microsoft ranked No. 2 in the 2022 Fortune 500 rankings of the largest United States corporations by total revenue and it was the world’s largest software maker by revenue. The subsidiaries include Skype Technologies, GitHub, and LinkedIn.

    8. Samsung

    Samsung is a South Korean technology giant famous for its electronics, including laptops, was founded in 1938 by Lee Byung-chul. The company's quarterly revenue for Q2 2024 is KRW 74.07 trillion, and its headquarters are in Suwon, South Korea. Sleek design, AMOLED displays, and long battery life make Samsung laptops stand out. Especially those who love aesthetics with performance have chosen the Galaxy Book series.

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    Samsung keeps on evolving even in the face of competition, although some users have noticed that its prices may be higher than those of its rivals. Their Galaxy Ecosystem connectivity allows seamless integration with other Samsung devices, enabling a smooth transition between tasks and increasing productivity. Samsung comprises numerous affiliated businesses and has the eighth-largest brand value in the world as of 2020.

    9. HCL

    HCL brand is focused on technology and IT services, even laptops and was Established in 1976 by Shiv Nadar. The company’s headquarters are located in Noida, India, and has a revenue valued at ₹111,408 as of 2024. With a production of laptops for educational and business purposes, HCL is well known for its motto “affordable and functional design”. The company has offices in 60 countries. Even though it may not be as well-known as other brands around the world, HCL is a good choice for people who are looking for affordable and reliable products.

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    Whereas HCL laptops fail to boast high-tech features, they still serve well for the needs of less demanding applications, such as small enterprises and educational institutions needing economical solutions. In 2024, HCLTech decided to acquire select assets of the communications technology group, a business division of Hewlett Packard Enterprise HPE, for $225 million.

    10. LG

    LG Corporation is a South Korean multinational company established in 1947 by Koo In-hwoi and is famous for its innovation and quality in a wide range of electronic products, including laptops. It has a revenue of KRW 83.5 trillion as of 2023 and its headquarters are in Seoul, South Korea.

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    The LG Gram is in the lead when it comes to portability and high performance thus it catches the attention of both professionals and travelers. LG's laptop range has been as extensive as the others, it would have been less popular. However, their design and functionality are the main reasons why they are more appealing to those who prefer mobility and durability.

    Final Words:

    At Indian Retailer, we see how rapidly the tech industry is changing day by day, and how the market giants are trying to adopt these changes to stay No. 1 in the market. Their unmatched performance and advanced technology make them highly sought-after choices for both professionals and tech enthusiasts. So we make a list of the top 10 laptop brands in India which is driving the market crazy. These brands are often preferred by industry leaders and trendsetters, setting benchmarks in the tech world and embodying the essence of modern efficiency and style.

    FAQs on Top 10 Laptop Brands in India (2024)

    1. Which brand is best for laptops?

    Some of the best laptop brands in India include Dell, HP, Lenovo, Asus, and Apple. These brands are known for their excellent performance, build quality and customer support.

    2. Which generation of laptop is best?

    You can opt for 12th-generation and 13th-generation laptops. Anything older is also fine, but you may be giving up on newer features and performance figures that may make your new laptop more future-proof in the long run.

    3. Which laptop size is best?

    15-16 inches is a comfortable sweet spot. Even though I review laptops for a living, I still see them as a secondary option (or necessary evil) when I'm not able to work on a desktop.

    4. Which is better, Lenovo or Dell?

    Lenovo offers a more balanced approach, utilizing both Intel and AMD processors depending on the model and target audience. Both brands offer a variety of pre-configured options, but Dell allows for more customization on high-end laptops, particularly in the XPS series.

    5. Who is the biggest laptop manufacturer?

    Lenovo is the largest personal computer manufacturer globally. Lenovo is an iconic Chinese technology company manufacturing computers since 1984. The market data shows that Lenovo has solidified its position as the largest PC manufacturer globally.

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    67 pc of Indians Turn to Global Shopping, 76 pc Trust International Quality

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    BY - Aritra Ghosh
    Features Writer, IndianRetailer.com & Retailer Media / 7 MIN READ

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    India is at the forefront of a global cross-border shopping revolution, propelled by increasing consumer demand for superior quality and unique products from around the world. The trend towards international purchases is rapidly gaining momentum, showcasing a significant shift in consumer behavior and preferences in the Indian market. This burgeoning interest is driven by several factors, including the allure of better quality goods, competitive pricing, and access to products not readily available in the local market. Despite some challenges, such as unexpected customs duties and marketing hurdles, the potential for growth in this sector remains substantial.

    According to Avalara's "Cross-Border Commerce and Compliance Survey," over 67 percent of Indian consumers have made purchases from international businesses, marking a substantial shift towards global consumerism within the country. This figure stands in stark contrast to the US, where only 37 percent of consumers have engaged in international shopping in the past year.

    Quality and Unique Products as Key Drivers

    The report reveals that 76 percent of Indian consumers perceive the quality of items from international sellers as superior, significantly more than their counterparts in the UK (27 percent) and the USA (35 percent). The availability of unique products not found in India, better quality, and competitive pricing are cited as key reasons for this preference.

    Established e-commerce platforms such as Amazon, eBay, and Etsy are the preferred choice for over 61 percent of Indian consumers for their overseas shopping needs, with a strong demand for international fashion and technology products. Despite the potential for direct cross-border purchases via social media platforms like Facebook and Instagram, only 4.8 percent of Indian consumers choose this route.

    Customs Duties and Compliance

    However, India's enthusiastic embrace of cross-border shopping comes with challenges. Indian consumers reported the highest incidence of customs duties coming as a surprise, with 45 percent describing them as "shocking." This contrasts with Australian consumers, where 57 percent reported being well-informed about customs fees, thus avoiding unpleasant surprises.

    Dulles Krishnan, VP of Go To Market at Avalara, commented on the insights, stating, "As global cross-border commerce continues to expand, we conducted this survey to help businesses understand cross-border buying habits of consumers, identify factors impacting cart abandonment, as well as assess the role compliance plays in cross-border commerce."

    The Impact of 'Make in India' on Cross-Border Commerce

    In addition to Avalara's findings, a report from Payoneer sheds light on the progress and challenges faced by Indian cross-border sellers. The Indian eCommerce market has grown significantly, surpassing the government-set $400 billion target of trade within a single year. This growth has been partly driven by the 'Make in India' program and shifting customer demands globally.

    Post-Pandemic Growth and Seller Confidence

    Indian sellers have made substantial progress in the post-pandemic world, with 91 percent planning to expand their cross-border business. An impressive 94 percent believe that 'Make in India' products are globally competitive, and 70 percent attribute their success in the international arena to the quality of Indian-made products.

    Despite these positive trends, there are challenges to address. Almost half of the respondents identified marketing as the biggest weakness in Indian cross-border trade. One in three sellers believe that improvements are needed in promoting the 'Make in India' program globally. To succeed in competitive markets like the US, Indian sellers will need to enhance their marketing strategies and raise their game.

    Key Takeaways

    • One in three Indian sellers think that marketing is their biggest weakness when it comes to selling an Indian-made product.
    • 42 percent of Indian sellers think that improvements are needed in promoting the 'Make in India' program globally.
    • 91 percent of Indian sellers are planning to expand their cross-border business.
    • 94 percent of Indian sellers think that 'Make in India' products are globally competitive.
    • 70 percent of Indian sellers believe that the quality of Indian-made products helps them in the international arena.

    By focusing on transparent cost structures, competitive pricing, and effective marketing strategies, businesses can better capture the growing segment of Indian consumers eager for quality international products.

    Thriving in the Global Commerce Landscape

    India is leading the global cross-border shopping boom, driven by a strong consumer preference for quality and unique products. While challenges such as unexpected customs duties and marketing weaknesses remain, the opportunities for growth and expansion in this market are significant. By addressing these challenges and leveraging the strengths of Indian-made products, businesses can thrive in the competitive landscape of global commerce.

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    K-Beauty Goes Mainstream: How Laneige’s Retail Launch at Sephora India is a Game-Changer

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    BY - Nandini Banerjee
    Managing Editor, IndianRetailer.com & Retailer Media / 7 MIN READ

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    Hydration fans, brace yourselves; Laneige, the iconic Korean skincare brand that’s taken the world by storm, has landed at Sephora India. The brand has been available at different ecommerce websites until now. This move reflects the brand’s strategic expansion efforts within the Indian market, offering beauty enthusiasts an opportunity to experience Laneige’s innovative skincare solutions both online and offline. The recent launch event at Sephora’s Saket store in Delhi was not just a celebration of this collaboration but a testament to the brand's commitment to making high-quality Korean skincare accessible to a wider audience in India.

    What’s the Buzz?

    Laneige, known for its hydration-packed skincare wonders, made its grand debut at Sephora India, both online and in-store. Paul Lee, Country Head, Amore Pacific India, couldn’t hide his excitement: “The event at the Sephora store in Saket was an invigorating experience! Laneige has launched its products in Sephora's physical and online stores for the first time as part of its omnichannel expansion strategy. We aim to complement our strong online presence and provide customers with multiple touchpoints to experience the essence of the brand.”

    For those who live and breathe beauty, Sephora is a sacred space. So, it only makes sense that the Korean beauty brand, with its cult-favorite Water Sleeping Mask and Lip Sleeping Mask, would find its way into this beauty mecca. Mini Sood Banerjee, Assistant Director and Head of Marketing, Amore Pacific India, couldn’t have said it better: “We are thrilled with the debut of Laneige Skin Superheroes at Sephora. The global beauty giant is one of the favorite shopping spots for the beauty enthusiast, and our presence here will allow us to engage with customers in new and innovative ways, and we can’t wait to see the impact. We’re committed to continuing this momentum, and making Laneige the leader in the industry.”

    The Secret to Skincare Magic

    Laneige isn’t just another skincare brand — it’s a hydration powerhouse! Specializing in moisture research, the brand has perfected the art of keeping your skin plump, dewy, and glowing. Think of their products as a tall glass of water for your skin, quenching its thirst and giving you that lit-from-within glow.

    Sally Lee, Brand General Manager, Laneige India, shared the brand’s vision: “It’s exciting to see the response we have received for the brand in the last 5 years. The brand offers unique products for Indian consumers to experience, and we aim to connect with a broader audience interested in exploring these skincare offerings.”

    It's skincare lineup is like a superhero squad for the face — each product bringing something unique to the table. From their iconic Water Sleeping Mask that works magic while sleeping, to the Lip Sleeping Mask that’s become a bedside staple, the products are designed to hydrate, repair, and protect the skin.

    Mini explains the brand’s appeal: “Korean brands like Laneige are catching on fast in India because they bring something fresh and effective to the table. Our products, especially the sleeping masks, are a hit because they deliver visible results — hydration, glow, and all the things that make you look like you’ve just walked out of a K-drama!”

    Sephora x Laneige: What’s Next?

    With Laneige now in the Sephora fold, the brand is set to conquer the Indian skincare market like never before. Already present in eight Sephora stores across the country, the brand is on a mission to expand its reach even further. Mini gives us the inside scoop: “Our expansion plans include further collaborations with multi-branded stores like Nykaa, Tira, and of course, Sephora.” But what about the idea of standalone brand stores in India? Not so fast. Banerjee explains, “We are still trying to figure out the Indian market. Though customers love us, we need some more time for that matter.”

    Laneige’s appeal in India isn’t just a flash in the pan. It’s no surprise that cities like Delhi and Mumbai are leading the charge, but the love for the brand is spreading fast to Tier I and Tier II cities too. What’s driving this trend? The answer is simple: K-beauty is the new cool, and Laneige is at the heart of it.

    Paul Lee shares his thoughts on the brand’s traction in India: “Metros, of course, Delhi, Mumbai, Northeast, and even the Tier I and Tier II cities are showing a very fast-paced uptake. K-beauty is trending all over the world, and especially in India. We recently collaborated with Sara Tendulkar as our brand ambassador, and she’s working very well for us. Her dewy and glowing skin is a perfect match for the brand's brand ethos.”

    And let’s not forget the Northeast — a region that’s becoming a hotbed for K-beauty lovers. Laneige’s popularity here is partly due to the region’s deep connection with Korean culture, from K-pop to K-dramas, making it the perfect playground for the brand's skincare innovations.

    Paul Lee is optimistic about Laneige’s future: “Globally, Laneige’s partnership with Sephora has been very strong and extensive. With Sephora India, we have just started, but I strongly believe that we have a lot of success stories globally. I believe we will also soon be able to become the number one skincare brand in Sephora India as well.”

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    GIVA Eyes 300 Stores in 2 Yrs; Rs 1500 cr Revenue in 5 Yrs

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    BY - Vaishnavi Gupta
    Assistant Editor, IndianRetailer.com & Retailer Media / 14 MIN READ

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    Coming from a business family involved in small enterprises in Nagra, IshendraAgarwal pursued his bachelor's and master's degrees at IIT Kanpur. Afterward, he joined BCG as a management consultant. During his time in the corporate world, particularly within the jewelry segment, he observed that India, being the world's second-largest consumer of jewelry, had a significant market gap. Most jewelry brands in India, including Tanishq, Kalyan, Malabar, CaratLane, and BlueStone, focus on fine jewelry priced above Rs 30,000. This high price point makes it challenging for women to purchase and wear such jewelry regularly, whether for office wear or small gatherings.

    In contrast, international brands like Pandora and Mejuri offer fine jewelry at more accessible price ranges, with average order values between Rs 12,000 - 15,000. This observation highlighted a need for a fine jewelry brand in India that provides quality pieces at a more affordable price point, allowing women to purchase jewelry frequently without worrying about significant expenses.

    Inspired by this insight, he founded GIVA to fill this gap in the market. “Our goal is to create a brand where women can effortlessly buy beautiful, fine jewelry without having to consider substantial savings or budget constraints. Whether through a quick visit to a store or a few clicks online, we aim to make fine jewelry accessible and enjoyable for everyday wear,” he said.

    Nationwide Store Expansion

    Currently, the brand has approximately 130 stores operating across India, with about 50 percent of them located in Bengaluru and Delhi – Bengaluru has 32 stores, and Delhi has 34 stores. The remaining stores are spread across other Tier I cities like Mumbai, Pune, Kolkata, and Hyderabad, as well as Tier II cities such as Dehradun, Indore, Lucknow, and Kanpur.

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    “Our expansion strategy focuses on increasing our offline presence significantly. We aim to establish at least 50 to 60 stores in Bengaluru and Delhi alone. Simultaneously, we plan to deepen our reach in other metro and Tier I cities while expanding our footprint in Tier II cities. Our goal for the next two years is to be present in about 60 cities across India, with a total store count of approximately 300,” stated Agarwal.

    Digital-Offline Balance

    GIVA’s approach to online channels leverages widespread access to mobile phones and the internet, aiming to create brand awareness primarily through digital platforms. This remains its primary focus. Conversions, however, can occur both online—through its mobile application and website—and offline. This is the essence of its customer acquisition strategy in the D2C funnel.

    Additionally, the brand is present on various marketplace channels, including Amazon, Myntra, Nykaa, Nykaa Fashion, and Tata CLiQ, which contribute significantly to its sales.

    “Currently, online channels and these marketplaces account for 60 percent of our sales, while offline sales, which we began two years ago, contribute 40 percent of our revenue. We anticipate this to shift to a 40-60 split in the next two years, favoring offline sales,” he asserted.

    GIVA also utilizes its mobile application to provide various services to its customers. For instance, if a woman purchases jewelry and wants lifetime replating, she can easily arrange it via the app. The app also offers access to digital warranty and authenticity certificates, and it serves as a convenient platform for its loyalty program. This is how the brand integrates its mobile application and website into its overall strategy.

    Quick Commerce Entry

    GIVA has recently ventured into Quick Commerce, launching about a month ago on platforms like Blinkit and Swiggy Instamart. This initiative has been performing exceptionally well, particularly during special events like Akshay Tritiya, Mother's Day, and Father's Day. On these occasions, there is a noticeable spike in demand as customers seek fine jewelry for same-day gifting.

    “We have become a popular choice for last-minute gifts, as many people don't plan their gifts days in advance and often make the decision on the same day. Quick Commerce provides a convenient solution for these spontaneous purchases, making it easy for customers to select and receive a fine jewelry product swiftly,” explained Agarwal.

    Expanding Product Portfolio

    Currently, GIVA is focusing on silver as a primary metal and has expanded into lab-grown diamonds set in 14-carat and 18-carat gold. It launched its lab-grown diamond collection six months ago, and it is now available in 60 of its stores. In silver collection, the brand offers a wide range of earrings, pendants, rings, and bracelets.

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    “We are also expanding into categories like toe rings, anklets, and nose pins. Additionally, we are focusing on kids' and men's jewelry, recognizing that fine jewelry makes an excellent gift for children.” He noted.

    Moreover, it is working on launching GIVA signature perfumes, featuring five to six floral notes, designed to provide a unique and memorable GIVA experience. This new product line is currently being developed.

    Influencer-Driven Awareness

    The brand uses social commerce primarily to create awareness rather than drive transactions. Its strategy involves collaborating with numerous influencers and micro-celebrities to generate content and build brand visibility. Each month, over 2,000 influencers post about GIVA on platforms like YouTube and Instagram.

    “Our social commerce efforts focus on several key areas. We create awareness about specific categories, highlight the presence of our stores in various regions, and promote new collections, especially around significant events. For instance, we recently launched a silver Rakhi line for Raksha Bandhan, featuring both standard silver Rakhis and personalized options where you can have your brother's or sister's name engraved on the Rakhi. This multifaceted approach helps us reach a wider audience and keep them informed about our latest offerings,” highlighted Agarwal.

    Tech-Enhanced Experience

    To improve the consumer experience, the brand utilizes several technological advancements. First, its virtual try-on feature available on its app allows customers to see how certain products will look on them, enhancing their shopping experience. Second, it integrates online and offline channels to provide a personalized shopping experience.

    Additionally, the company is incorporating technology into its customer support to offer faster responses. Automated systems can handle common queries efficiently, reducing the need for human intervention and speeding up response times.

    Designer Collaborations

    GIVA actively collaborates with multiple designers to keep its designs fresh and fashionable. About six months ago, the brand partnered with European designer Lea Schroeder to launch the "Love in Paris" collection. Following that, it collaborated with Bhumi Pednekar five months ago, who worked with its design team to create a new collection. More recently, GIVA teamed up with a Turkish designer to introduce the "Wings of Wonder" collection.

    “These collaborations are central to our strategy, as our goal is to set fashion trends in India or bring the latest international trends to India as quickly as possible. We are committed to staying at the forefront of fashion through these dynamic partnerships,” explained Agarwal.

    Remarkable Revenue Growth

    GIVA has been experiencing impressive growth, with a year-on-year increase of 90 to 100 percent. Last year, the brand achieved approximately Rs 250 crore in revenue, and this year, it is closing at around Rs 450 crore.

    The brand has also recently ventured into franchising, which has been highly successful. “Our franchising model involves franchisees investing in the store while we handle operations. Franchisees manage employees and sales, adhering to our established protocols, while our team oversees store operations to ensure consistency and quality,” he stated.

    “Our long-term target is to reach Rs 1000 - 1500 crore in revenue within the next four to five years,” he added.

    READ MORE:India’s Jewelry Market Poised for Explosive Growth, Projected to Reach $145 Bn by FY28

    Strategic Global Expansion

    GIVA currently has a store in Sri Lanka that is performing well, and it plans to continue its presence there, albeit at a measured pace.

    “In the next one to two years, we aim to expand into Sri Lanka further, as well as explore opportunities in Singapore, Southeast Asia, and the Middle East. These regions will be our focus for international expansion,” he concluded.

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    Best Rum Brands in India: 2024 Edition

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    BY - Ria Duneja
    MT Editorial / 21 MIN READ

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    The rum has been a favorite drink for Indians for decades. Have you ever wondered where these best rum brands originate? What are the top 10 rum brands in India? Which country is the largest producer of rum?

    Starting with the first answer, the exotic nation of the Philippines is the largest rum producer. Keep reading as we answer all the pertinent questions regarding the top partner of cola drinks - the rum.

    Top 10 Rum Brands in India (2024)

    Here are the best rum brands in India. Fetch details on the top rum brands in the market starting with Old Monk, Bacardi, and Santa Teresa.

    1. Old Monk

    Old Monk is one of the top 10 rum brands in India. This alcoholic beverage brand was introduced in 1855. It is manufactured by Mohan Meakin Ltd. Produced in Ghaziabad and Uttar Pradesh and has its headquarters in Solan, Himachal Pradesh. The leading rum brand is made in India and has been blended for 7 years. It launched in the Indian market in 1935. The rum is made with four key ingredients: caramel, chocolate, ripe peach, and vanilla. It contained 42.8 percent of ABV.

    Old Monk Rum Varieties:

    • Old Monk Orange Rum
    • Old Monk Lemon Rum
    • Old Monk Apple Rum
    • Old Monk White Rum
    • Old Monk Cola
    • Old Monk Cranberry
    • Old Monk Mojito
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    Read More:Top Whisky Brands in India for 2024 | ABV%

    2. Bacardi

    Bacardi is one of the best rum brands in India. The rum brand started in 1862 in Santiago de Cuba. The headquarters lies in Hamilton, Bermuda. Bacardi was founded by Facundo Bacardi Masso. He wanted to create a balance between two separate spirits. The first one is called ‘aguardiente’ and the second spirit is known as ‘redestilado’. It is a private limited company that has had ownership for seven generations, selling in more than 170 countries. In the 1930s Bacardi expanded its presence in Mexico and Puerto Rico, making the largest rum production facility of Bacardi. Mexico became the first international expansion for Bacardi. Today the rum brand operates in the US, Mexico, Puerto Rico, Spain and the Bahamas. The Bacardi rum has an ABV of 40 percent in the US and 37.5 percent in the UK and continental Europe.

    Bacardi Rum Varieties:

    • BACARDÍ Limón
    • BACARDÍ Pineapple
    • BACARDÍ Dragon Berry
    • BACARDÍ Mango
    • BACARDÍ Coconut
    • BACARDÍ Raspberry
    • BACARDÍ Lime
    • BACARDÍ Ginger
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    Read More:Scotch vs. Whisky: The Key Differences Explained

    3. Santa Teresa

    Santa Teresa, the best rum brand in India was founded in 1796. The brand is based out of Venezuela. The journey of Santa Teresa started when a German merchant named Gustav Julius Vollmer got married to Panchita Rivas. The Vollmer family continues the ownership of Santa Teresa. Present day president of this rum brand is Alberto C Vollmer. It has its headquarters in Santa Teresa Estate, Costa Rica. Santa Teresa is made with the solera technique to produce a perfectly crafted rum with a fruity aroma and wood notes. A bottle of Santa Teresa rum holds an ABV of 40 percent.

    Santa Teresa Rum Varieties:

    • Santa Teresa 1796 Rum
    • Santa Teresa 1796 Speyside Whisky Cask Finish
    • Santa Teresa Arábica Coffee Cask Finish
    • Santa Teresa 1796 Speyside Whisky Cask Finish
    • Santa Teresa 1796 Rum
    • Havana Club Añejo Clásico
    • Santa Teresa 1796 Solera Rum
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    Earlier In News:Indri Single Malt Whisky Emerges as World's Fastest Growing Brand

    4. Amrut 2 Indies Rum

    Amrut 2 Indies, is a leading rum brand in India. The company was founded by JN Radhakrishna Rao Jagdale. It set foot in the distilled beverage industry in 1947 by establishing Amrut Distilleries in Bangalore. The very name of the brand Amrut is defined as ‘nectar of the gods’ in Sanskrit. The Amrut Distilleries Ltd. is a subsidiary of the N.R. Jagdale Group. As the name suggests, the rum has its special essence due to a perfect balance of two indies distilled together. One from the West Indies (Barbados, Guyana & Jamaica) and second from the East Indies (India), made out of Indian jaggery. The rum is one of its kind, the only variety in the market.

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    Read More:Top Vodka Brands in India: A Guide to the Best Picks

    5. Rock Paper

    Rock Paper is a new-age rum brand in India. Good Barrel Distilleries Private Limited is the parent company of Rock Paper. The rum brand was founded in 2021, serving more than 1000 restaurants, and bars in Mumbai and Pune. The rum brand first entered the market with a flagship product “Indian Spice Rum”. Lalit Kalani is the third-generation founder of Rock Paper who is keen to place Indian rum on the top shelf. Rock Paper was featured in Shark Tank Indian as well in Season 3.

    Rock Paper Rum Varieties:

    • Indian Spiced
    • Coastal White
    • Zesty Lemon
    • Tropical Coconut
    • Roast Coffee
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    6. Camikara

    Camikara is one of the best rum brands in India. It was first distilled in 2009 and Piccadilly Distillery is the parent company of Camikara. ‘Camikara’ holds a meaning in Sanskrit - ‘ liquid gold’. The brand stands outside the crowd as it does not use molasses in crafting. It originates from Haryana, India where the particular sugar mill is situated for the distillery. The rum brand holds an ABV of 50 and 42.8 percent in its varieties of rum. It is produced with pure sugar cane juice.

    Camikara Rum Varieties:

    • Camikara rum 12 year cask aged
    • Camikara rum 8 years cask aged
    • Camikara rm 3 years cask aged
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    7. Pitbull

    Pitbull is considered to be the best rum brand in India. Produced in Aurangabad, Maharashtra from 2021, Kalpesh Parekh and Karishma Chandy are the founders and the brains behind Pitbull. It has an ABV of 42.8 percent. It is made with 100 percent sugarcane molasses, blended with barrel-aged spirits and rice Caribbean flavors, with no added sugar. The brand serves ‘PUREBRED INDIAN DARK RUM’ in the Indian market, filled with essence of cinnamon, vanilla and anise.

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    8. Bermuda

    Bermuda is a leading rum brand in India by Gosling Brothers Ltd. Founded by James Gosling, a navigator in 1806, he was the man behind the Bermuda Rum. The rum contains 75.5 percent of ABV in its black rum collection. The key ingredients in Bermuda rum are - Gosling’s Gold Seal rum, pineapple juice and grenadine.

    Bermuda Rum Varieties

    • Gosling's Black Seal Rum
    • Gosling's Black Seal Rum (151 Proof)
    • Goslings Spirited Seas Ocean Aged Rum
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    9. Contessa XXX

    Contessa XXX is one of the best rum brands in India. The rum brand was founded by Radico Khaitan Ltd. In 1943, Rampur, Uttar Pradesh was the distillery plant for the Contessa XXX rum. Now it is also processed in Radico NV Distillery Maharashtra Ltd. The rum contains Caribbean sugarcane as its key ingredient and is aged in oak barrels. The rum has an ABV of 42.8 percent. The brand has one rum named Contessa XXX.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (423)

    10. Five Rivers

    Five Rivers is a leading rum brand in India. The brand was founded in Punjab. Sangera Rum Company is the parent company of Five Rivers. Taj Sanghera is the fifth-generation founder of the rum brand. The brand name is a translation of the state - Punjab, which means Panj- five and Ab - water. The main ingredients of the rum are ginger, clove and coriander seeds. The brand has just one white rum which can be served in various combinations of drinks.

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    Last Word

    In the eyes of Indian Retailers, these top 10 best rum brands are worth knowing about. Understand what are the key ingredients in these rum brands. History plays an important role in the success of these rum brands in India. Know how and when the best rum brands gained recognition. Some serve one iconic rum while other brands have a range of rums with different essences. Here is all about rum brands in India!

    FAQs on Top Rum Brands in India

    What are the top 3 rum brands in India?

    Old Monk followed by Bacardi and Santa Teresa are the top three rum brands in India.

    In what ways can someone consume rum?

    Neat, on the rocks, mixed with soft drinks or juices are the typical way of consuming rum.

    How to store rum properly?

    Keep the rum in cool surroundings and away from direct sun. Ensure the bottles are sealed and not stored for a long time.

    Next Story

    Top 10 Luxury Handbag Brands In India 2024

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    BY - Saptopriya Ghosal
    Junior Writer / 31 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (427)

    India is known for its diverse tastes in style and fashion. And people don’t buy luxury only for comfort but to show their value in society, likewise, all luxury products including handbags are just a way of showing their richness and standards. India, with its growing affluent class, is embracing these high-end accessories more than ever. But what is it about a luxury handbag that captures the heart of so many fashion enthusiasts? As we explore the top 10 luxury handbag brands in India for 2024, we Indian Retailer will uncover the unique elements that set each coveted brand apart, making them the giants in the luxury segment.

    In News:

    Kiara Advani is the New Face of Caprese Handbags

    Sanktum Redefines Luxury Fashion with Innovative Handbag Subscription Service

    How Caprese is Innovating the Handbag Industry with AI

    Different Types of Luxury Handbags

    There are various types and styles of bags in the market to give a different look on every occasion. Here I’ll mention some of the most used handbags among women which are famous for their unique features.

    StyleFeatures
    TrapezeTop handbags with triangular sides that give a trapezoidal effect
    MinaudiereSmall, metal, bejeweled evening bags that may have chains for carrying
    ToteMedium to large open-top double-handled bags with open main compartments are very famous for their everyday look
    Cross BodyHands across the body with a long chain or straps are very vintage style for both genders
    DuffleSubstantial bags with double handles or a long strap are very popular styles for short trips
    MessengerLarge compartment bags with flap closures are often worn over the shoulder or across the front of the body
    ClutchSmall bags that are usually held in the hand are very famous for party looks
    BucketShoulder or cross-body bag with round or oval bottom and drawstring closure
    SaddleA bag that used to be carried behind a horse or bike, or motorcycle with u shaped flap
    WristletSmall bag or wallet with a strap to be worn on the wrist.
    EnvelopClutch or chain strap bag with rectangular shape with pointed fold over flap
    SatchelSmall bag worn over the shoulder that closes with a flap and often buckles
    FrameA bag with a strong triangular structure sometimes has a metal frame
    BowlerRounded design inspired by bags used to carry bowling balls
    HoboCrescent-shaped bags with top zip closure that’s slouch and worn over the shoulder.
    DoctorRectangular stiff bag with flat bottom and central closure
    BackpackSack that is typically worn on the back and secured over the shoulder with 2 straps
    ShopperRectangular ingle-handled shoulder bag perfect for shopping

    These are some top styles of bags that are commonly used in every luxury fashion house now let’s discover the brands that are making this style a trend in the market.

    Top 10 Luxury Handbags in India

    Here are the top 10 luxury handbag options which have driven the Indian audience crazy with their innovation.

    1. Hermès

    Hermès International S.A. is a French luxury fashion house which was founded in 1837 by Thierry Hermès, based in Paris. It specialises in leather goods, lifestyle accessories, home furnishings, perfumery, jewelry, watches and ready-to-wear. Since the 1950s, its logo has depicted a ducal horse-drawn carriage. The company has grown to become a world leader in the fashion industry and is known for its luxurious and high-quality goods. Hermès sells about 30% leather goods, 15% clothes, 12% scarves, and 43% other wares. Hermès holds diligently on to a market share with a total asset of €210.97 billion and thus is one of the top manufacturers of luxury fashion articles.

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    The works of Hermès are often recognized for their stunning designs like the Herbag and Steeple bags. Another famous handbag, the Birkin bag, was named after the British actress Jane Birkin. The latter are commended for their exquisite workmanship and everlasting charm. The likes of Victoria Beckham, Kim Kardashian, and Kate Moss have often been seen with Hermès handbags, which, by the way, have contributed to the brand's covetable status. Hermès remains the most luxurious and well-constructed product.

    2. Gucci

    Gucci is an Italian luxury brand known for its Italian art style in their products, founded by the businessman Guccio Gucci in 1921, in Florence, Italy. The company is headquartered in Florence, Italy and operates in 528 locations under its parent company Kering. Gucci is known worldwide for being a trendsetter with its innovative, daring designs in fashion. The brand indeed has a dozen of luxury products and it is firmly established in the luxury market with an astonishing revenue of €9.9 billion in 2023.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (429)

    Gucci's bags are known all over the world and to stress the fact often include the GG logo and monograms reflecting the brand's unique style. The print Flora of course represents Gucci's long history as well as the brand's creative capability. All the high-profile endorsem*nts by Gucci feature celebrities like Harry Styles, Blake Lively, and Beyoncé who are always on the go with Gucci's opulent pieces. Whether it's a statement about luxury, fashion, or a combination of both, Gucci stands as the perfect example of a brand that had a staggering value in the luxury handbags sector. Gucci is a forerunner in fashion, creating not only bags that are accessories but also ones that show boldness and individuality.

    3. Louis Vuitton

    Louis Vuitton is a French luxury fashion company for fashion lifestyle and accessories, founded by Louis Vuitton in 1854. The brand is headquartered in Paris and is known as a company that gives out its best in luxury, and innovativeness, as well as style that is superior to others. The company is one of the top players in the luxury handbag market, accounting for a significant chunk of its market share with a brand valuation of €14 billion. It is fully owned by the LVMH conglomerate and operates in 50 countries with more than 460 stores worldwide.

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    All products display the legacy of perfect examples of aesthetics and art. The signature handbags like the Speedy and Neverfull which are loved by many and have one of the brand’s distinguishing features, the monogram canvas made of 90% ultra-resistant nylon. Louis Vuitton diplomas made from handbags are worn by international celebrities Angelina Jolie, Michelle Williams, and Emma Stone, whose participation in the luxury brand nature makes it more interesting and valuable.

    4. Dior

    Dior is a multinational luxury fashion hub, founded by the visionary Christian Dior in Paris, France in 1946. Headquartered in Paris, Dior has long been synonymous with opulence and sophistication. This is the classic fashion house that changed the world with its stunningly feminine "New Look" in post-war Europe. Dior did not take long to become a desired label among the rich and elite. They are ageless pieces demanded by wearers from all over the globe. Dior is one of the biggest names in the world with a revenue of €79.18 billion as of 2022, operating under the LVMH group.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (431)

    Dior is present in 210 locations worldwide with every piece being a mark of French elegance. The "Lady Dior" bag with its iconic quilting and delicate D.I.O.R. charms shows the brand's commitment to quality craftsmanship. Dior's handbags are star-studded pieces worn by the likes of Jennifer Lawrence, Charlize Theron, and Rihanna, thus, it strengthens the image of the brand as a celebrity favorite. Dior's total assets are worth €131.9 billion, which is evidence of its power in the luxury goods sector. The subsidiary is Christian Dior Couture. Dior's distinct melange of classic grace and innovative design makes it a sought-after brand for those who admire high fashion and artistic design.

    5. Chanel

    Chanel is a luxury fragrance & beauty boutique established by Coco Chanel in 1910 in Paris. The brand is privately owned by the Wertheimer family and has been headquartered in London since 2018. The company has made a considerable space in the luxury handbag market with 500+ stores worldwide, capturing about $15.6 billion in 2021. Chanel handbags are famous for their classic quilted leather designs and chain-link straps, one of the most famous being the iconic Chanel 2.55 bag.

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    These add-ons of design have been the reason for the latest to be Chanel's perennial favourite among fashion connoisseurs. Celebrities such as Kristen Stewart, Margot Robbie, and Keira Knightley have worn Chanel's chic handbags, boosting the brand's image as a luxury mainstay. Chanel makes fragrances that further cement the luxury brand's place as a timeless symbol of status. Chanel’s steadfast adherence to luxury and superior technique guarantees that its handbags are the most prized possessions, still the sought-after items for those who prefer the classic style.

    6. Celine

    Celine is a big player in the luxury handbags segment, which was established in 1945 and headquartered in Paris, by the hands of its founder Céline Vipiana. Celine stands out as a key player in the luxury market and LVMH is Celine's parent company which owns a significant part of the luxury industry. Celine's clean lines, premium materials, and understated sophistication are known throughout the world The Celine Nino, Celine Louise Bag, and Celine Classique Triomphe Bag are the iconic bags of the company, renowned for their simple design and usability.

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    The likes of Angelina Jolie and Dakota Johnson, who are huge fans of Celine, often wear the brand, thus making Celine a must-have for Hollywood movie stars. Celine continues to be the center of attention for luxury lovers with its unique blend of neoteric and classic charm operating with 178 boutiques worldwide.

    7. Miu Miu

    Miu Miu has been a part of luxury fashion since 1993 when Miuccia Prada created a playful and imaginative collection in Milan. Miu Miu is no slacker in the handbags department, being recognized for its designer's colourful visions and high-octane designs to attract young people. It is a fully owned subsidiary of the brand Prada, accessible to a higher and simpler audience than most brands, Well-liked goods are the Miu Miu Aventure Nappa leather bag and Miu Miu Leather Beau Bag.

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    Milan, as the headquarters of Miu Miu, is the ideal city to be where Italian art and creativity are making today's fashion. A-list Superstars such as Elle Fanning and Lupita Nyong'o have developed a close relationship with Miu Miu, and as a result, people are starting to associate its name with creative concepts. Miu Miu, with its revenue of €166 million, still has a key position in contemporary luxury, releasing items that are hard to find for the crowd.

    8. Prada

    Prada, a well-known name in the luxury handbags market, was established by Mario Prada the luxury fashion house Prada in 1913 in Milan, Italy, to form a fashion brand that is the embodiment of fine elegance and contemporary style. Prada is one of the prime players headquartered in Milan with a revenue of €4.72 billion as of 2023. The Milan office is the creative centre of the innovative designs which are made by Prada. The Galleria and Cahier bags are iconic for their unique materials, stylish design, and classic charm, and are exemplified by the brand's characteristic minimalism.

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    Galleria and Cahier bags are so popular and highly regarded for their sophisticated style and timeless elegance that celebrities such as Sarah Paulson, Olivia Wilde, and Bella Hadid have often been spotted with them, thus, boosting the brand's status even further. Miu Miu, Church’s, Fondazione Prada and Luna Rossa are subsidiaries of Prada. Prada's quality and innovation strength still have a pull on the fashion world, and that is why their bags have become everlasting icons among customers who love luxury with a modern touch.

    9. Yves Saint Laurent

    Yves Saint Laurent is a trendy name in the luxury segment, started in 1961 in Paris by Yves Saint Laurent and Pierre Bergé, Saint Laurent has become a brand known for its elegance and audacity in fashion. Part of the Kering Group, the brand's headquarters are in Paris, where it continues to lead with innovative designs. Saint Laurent bags including the Envelope, LouLou Bag, and Kate Bag hit the spot with both traditional class and eye-catching modernity.

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    Stars like Zoë Kravitz and Miley Cyrus have been spotted with these signature items, implying the label's status. Its cosmetics line, YSL Beauty, is owned by L’Oréal. With revenue of €3.2 billion in value by 2023, Saint Laurent is still seen as a Parisian fashion icon, offering handbags that are just as stylishly daring as they are of timeless elegance.

    10. Givenchy

    Givenchy became a giant in the luxury handbag segment by bringing french aesthetics into their product segment which was founded by Hubert de Givenchy in 1952. Givenchy is a well-known brand name that is part of the LVMH Group that is headquartered in Paris, France. The company is famous for its various handbag products such as the Nano Voyou, and Voyou basket Bag, among others.

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    With a focus on tradition and modern-day aesthetics, Givenchy's designs, which are mainly worn by celebrities such as Cate Blanchett and Meghan Markle, can be described as sophisticated. Givenchy stands out among competitors in the luxury market with its timeless designs that are fusions of classic and contemporary styles, making its handbags the must-have accessory for fashionistas around the globe.

    Final Thought

    At Indian Retailer, we closely see all the top luxury brands craze in the Indian market and the reason is their timeless innovation and creativity which make them the top choice in the global and Indian market as well. Their iconic style is favored by celebrities and fashion-forward people to set the standard in the luxury market, making them coveted symbols of status and style.

    FAQs on Top 10 Luxury Handbags in India

    1. Which luxury bags are worth buying?

    Hermès, Chanel, and Louis Vuitton are top-performing brands.

    2. What luxury brand has the highest quality?

    Louis Vuitton is not only the world's most valuable luxury brand but also one of the most recognizable and influential fashion houses ever.

    3. What is the best way to store expensive handbags?

    It should be out of direct sunlight, in the dark and away from heat sources such as radiators and hair dryers. In a climate-controlled room with a stable relative humidity (RH) between 45-55%.You can also store the bag inside a dust bag, upright on an open shelf.

    4. Which is the most luxurious bag?

    The Guinness World Record for the most expensive bag offered to the public is the Mouawad “1001 Nights” diamond purse.

    5. Why do purses have peels?

    If the handbag is exposed to water or other liquids, the leather can become weakened and start to peel. Leather can dry out and become brittle over time, especially if it is not cared for properly.

    Next Story

    How Consumer Trends and Digital Adoption are Fueling India’s FMCG Growth

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    BY - Aritra Ghosh
    Features Writer, IndianRetailer.com & Retailer Media / 9 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (440)

    India's Fast-Moving Consumer Goods (FMCG) sector has demonstrated remarkable growth, driven by consumer demand and increasing product prices, especially for essential goods. This sector not only contributes significantly to the country's economy but also provides employment to around 3 million people, accounting for approximately 5 percent of total factory employment in India.

    Revenue Growth and Key Drivers

    In the fiscal year 2022-23, FMCG sales in India grew by 7-9 percent in revenues. Key drivers of this growth include favorable government initiatives and policies, a burgeoning rural market and youth population, the introduction of new branded products, and the expansion of e-commerce platforms. The sector saw a 7.5 percent volume growth in the April-June 2023 quarter, marking the highest growth in the last eight quarters, largely due to a revival in rural demand and higher growth in modern trade.

    Economic Contributions and Consumer Trends

    As the fourth-largest sector in India, FMCG has been expanding steadily due to rising disposable incomes, a growing youth population, and increasing brand awareness among consumers. Household and personal care products account for 50 percent of FMCG sales in India, making the industry a crucial contributor to the GDP. India's middle-class population, larger than the total population of the USA, makes it a market no FMCG player can afford to ignore.

    Urban and Rural Market Dynamics

    The urban segment remains the largest contributor, accounting for around 65 percent of the revenue generated by the FMCG sector. However, the rural market has been growing at a faster pace in recent years. Semi-urban and rural segments are expanding rapidly, with FMCG products accounting for 50 percent of total rural spending.

    Market Size and Future Projections

    The FMCG market is expected to grow at a CAGR of 27.9 percent from 2021 to 2027, reaching nearly $615.87 billion. In 2022, the urban segment contributed 65 percent, while rural India accounted for over 35 percent of annual FMCG sales. A good harvest and government spending are expected to aid rural demand recovery in FY24. The sector experienced an 8.5 percent revenue growth and a 2.5 percent volume growth last fiscal year. The January-June 2022 period saw value growth of about 8.4 percent due to inflationary price hikes, with the third quarter of FY23 clocking a 9.0 percent YoY value growth.

    Government Initiatives and Support

    The Indian government has launched several initiatives to support the FMCG sector:

    • A new Production Linked Incentive (PLI) scheme for the food processing sector, with a budget outlay of Rs 109 billion ($1.46 billion), providing incentives until 2026-27.
    • Promotion of millets for their health benefits, establishing the Indian Institute of Millet Research in Hyderabad as a global center of excellence.
    • Investment of Rs4,900 crore ($593 million) in the food processing industry under the PLI scheme, approved in March 2021.
    • Completion of 112 food processing projects in 2022, leveraging Rs706.04 crore ($85.4 million) in private investment and generating employment for over 25,000 people.
    • Tax incentives for new agro-processing industries and reductions in excise duties for dairy machinery and meat, poultry, and fish products.
    • Initial funding of Rs. 1,000 crore ($ 120.7 million) in NITI Aayog for incubation centers and skill development to facilitate the startup ecosystem.

    Digital Transformation and E-Commerce Growth

    The FMCG sector's growth is also fueled by the rise of digital advertising, which reached $9.92 billion by 2023, with the FMCG industry contributing 42 percent of the total digital spend. India, with 780 million internet users, sees an average individual spending 7.3 hours daily on smartphones. This number is expected to increase to 900 million by 2025. E-commerce now accounts for 17 percent of overall FMCG consumption, driven by affluent consumers with average spending of about Rs 5,620 ($677.11 million).

    The Indian e-commerce market is projected to grow from $83 billion in 2022 to $185 billion by 2026, and it is expected to reach an annual gross merchandise value of $350 billion by 2030. The market's exponential growth over the past five years is attributed to increased internet and smartphone users, improved policy reforms, and higher disposable incomes. Digital transactions, valued at $300 billion in 2021, are projected to reach $1 trillion by 2026.

    Competitive Landscape and D2C Disruption

    Traditional FMCG giants such as Johnson & Johnson, Himalaya, Hindustan Unilever, and ITC are now competing with D2C-focused startups like Mamaearth, The Moms Co., and Azah. Market giants like Revlon and Lotus took around 20 years to reach the Rs 100 crore ($ 13.4 million) revenue mark, while new-age D2C brands such as Mamaearth and Sugar achieved this milestone in just four and eight years, respectively.

    The Road Ahead

    Rural consumption is on the rise, driven by increasing incomes and higher aspiration levels, with branded products seeing higher demand in rural India. The organized sector is expected to grow as the share of the unorganized market decreases, driven by rising brand consciousness and modern retail growth. The growing youth population in urban areas is also propelling the demand for food services.

    Online portals are expected to play a key role in penetrating hinterlands, with the internet providing a cost-effective and convenient way to increase reach. By 2025, India is expected to have 1 billion internet users, with 40 percent of all FMCG consumption projected to be online by 2030. The implementation of GST and demonetization is expected to drive structured economic growth, benefiting both rural and urban areas.

    India's FMCG sector is poised for continued robust growth, supported by favorable government policies, increasing digital penetration, and evolving consumer preferences. As the sector adapts to new market dynamics and leverages digital advancements, it will continue to be a vital contributor to India's economic development.

    Next Story

    Product Life Cycle | Defined, Importance and Stages

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    BY - Ria Duneja
    MT Editorial / 18 MIN READ

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    The life of a product from manufacturing to the shelf of a customer, is most important for a business for it to grow and flourish in the respective market. Know all about a product's life cycle, its importance and its main stages. Every product, whether cosmetics, clothing, furniture or electronics, has different life spans. This article delves into how the product life cycle works.

    What is Product Life Cycle?

    The process of a product passing through development to its expiry is defined as the product life cycle. Marketing and business management use this concept to make the market aware of the product. The product life cycle is a key feature of an item, explaining everything from initial creation to its decline. The time when a product enters the market to its removal from a shelf is a concept that determines how long it will work and stay in the market.

    For instance, the concept of television entered the Indian market in 1959. Television is still persistent due to its upgrade to becoming smart. Its existence would have been diluted without modifications. Hence, the product should have an enticing feature making it long-lasting in the market or keep developing the product. The methods or strategies used to maintain and continue a product's life in the market are known as product life management.

    4 Stages of Product Life Cycle

    The product life cycle has four stages to make the product stand long in the market. Every product needs to go through the four steps, to determine its life of the same. Four stages include - introduction, growth, maturity and decline.

    1. Introduction - This is the first stage of making the product's grand entrance into the market. It is essential to make target customers aware of the product’s existence. The launch of the product is used as an opportunity to make an announcement, a promotional tool. The initial investment in marketing the products can help build brand demand. There can be competition, bringing difficulty, in that case, the USP of the product can help to defeat competitors.

    Example: Various smart TV brands in India are in the introduction phase, where customers are still getting informed about their presence in the market. Brands like OnePlus, LG, Samsung and more are spreading awareness about smart TVs in the Indian market.

    1. Growth - After making customers aware of the product and a high investment, it's time to cover up. Utilize the surge created for the product, and build the identity for the brand. Sustain the position and develop an expansion plan. Growth is a stage where a brand can have leadership in the market. Getting customer acceptance can recover the high-end investment.

    Example: Amazon is a leading e-commerce platform. It expanded to streaming services and gained growth by offering free shipment on the shopping platform. This increased the Amazon Prime video subscription. This strategy made the brand more noticeable in the market.

    1. Maturity - After a hike in demand comes a product's saturation point. This stage has the highest competition as various new brands imitate the market. The product life starts to end. To sustain in the market there is always a way to bring offers, discounts, innovation and something new on the table for customers to explore.

    Example: McDonalds faced its maturity stage when it started having competition in the fast food market. To stay in the industry McDonalds maintained its market share and adapted to consumer preference for healthy food. Making it more enticing by providing fresh food services.

    1. Decline - The end of a product's life is known as the decline. There are less sales and no profit. However, some might survive, with innovation, upgradation and enticing consumers with something new. The market presence gets lost in the last stage, making the product almost disappear.

    Example: Chevrolet, an automobile company faced its decline in 2017. It failed to fulfill customer satisfaction and compete with competitors. It faced challenges in building a name in the Indian market, due to its luxury automobile brand.

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    Why is Product Life Cycle Important?

    It is important to understand why a company needs to work on the product life cycle. It gives allowance to gather insights on the demand of consumers and improve products accordingly. Why is the product life cycle important? Here is the answer for it:-

    Improvement to help develop products - The concept of the Product life cycle is important as it allows businesses to make necessary improvements to their products. Serving all purposes in the market space. Allocating resources strategically, making an existing product stay longer.

    Awareness about the product presence - The first stage of the product life cycle, introduction, makes it easier for companies to spread awareness about the product. It could be an idea, innovation or something unique that could help in gaining attention and expand in the market.

    Brand building to entice customers - Product life cycle can make a brand noticeable to consumers. Developing a customer relationship for loyalty and satisfaction. Engaging with the audience teaches upcoming trends and looks for what is missing in the market.

    Resource allocation for growth and investment - Dividing resources for marketing and promotions, manufacturing costs, and R&D for the product. Generating knowledge about the brand and its product USP, with using allocated resources for stable profitability.

    How Does Product Life Cycle Work for Different Industries?

    PLM plays a vital role across different industries, which are:

    Apparel Industry

    The product life cycle for apparel is usually a bell-shaped curve, on the four stages. There are various materials used in the manufacturing of cloth. The life span of a particular apparel item is highly dependent on that. There are natural and artificial fibres that are used in the manufacturing.

    3D printing, sustainability clothing, smart fabrics and using AI in the manufacturing of apparel are trending. Getting introduced in the market. It shall go through all the stages of the product life cycle, declining at the end and other innovative ideas in the fashion industry will again be introduced.

    Electronic Industry

    The electronic industry tends to last the most as compared to other products in the market space. This happens due to the innovation in the electronic field every year. There is an upgrade every year, making it hard to reach the decline stage for some.

    For instance, television started with just one channel in India, carry forward it had multiple channels and today a normal television has been converted to a smart one. This has made consumers stay, building the lifespan of a television.

    Cosmetic Industry

    The cosmetic industry has a much lesser product life cycle as compared to other industries. The lifespan of a cosmetic or skincare product depends on the formulation, packaging used and quality of the products.

    The lifespan of a cosmetic product tends to last 1-2 years, then it faces a decline. Today the cosmetic industry has a lot of competition, making it hard for previous brands to compete.

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    Factors Affecting the Product Life Cycle

    Various factors influence the product life cycle for a company. Businesses must work according to the following factors to beat the competition in the market space. Here are key factors affecting the product life cycle with examples:-

    Tech advancement

    There are changes in everyday life on the technical grounds of various products. Countries having high-end technological changes tend to shorten the product life cycle. Businesses continuously evolve to remain consistent in the market. Using the available technology in developing a product and maintaining the image of the brand.

    Samsung, a leading smartphone manufacturer, proposed first-generation memory technology. It included V HAND with 200 cell layers for smartphones and premium memory solutions. Along with the first generation PCle Gen5 SSDs for storage and applications. This upgrade in the technical front makes it more enticing for the consumer to explore. This is the first stage of the product life cycle.

    Competition

    A product always has competition in the market. To increase the value, sales and growth of a business, it is a must to understand and improve according to the competitors. Fulfilling the demand of the customer before the competitor.

    Nykaa faced competition in the online fashion industry from Myntra, Amazon and Ajio. To overcome its losses and continue its existence in the market, the brand focused on building brand relationships. Improving customer experience on the online shopping platform of Nykaa application and faster delivery than its competitors.

    Market Demand

    Every product has different factors that maintain its performance in the market. Adapting to changes in the market according to the product line the business is in. Market acceptance is necessary, and that can happen by fulfilling the changing demands of consumers.

    Maruti Suzuki, the largest economy car manufacturer in India, always caters in regards with what customers want. Every car produced by the company has four models, serving different consumer needs. Making the company a dominant player in the automobile market in India.

    Final Word

    From the Indian Retailers eye, the product life cycle is that various product categories are different from one another. Various factors and functions contribute to the lifespan of a product. Four stages define the life cycle of a particular product. The four stages of the product life cycle are introduction, growth, maturity and decline, which is followed by most companies. There are ways to increase the life of the product by necessary changes according to trends, technology and development, making it more wanted in the market.

    FAQs

    What are the four stages of the product life cycle?

    Introduction, growth, maturity and decline are the four stages in the product life cycle.

    How can companies expand the product life cycle?

    These are the following points to improve the product life cycle:

    • Upgrade and improve products
    • Expand reach by entering new markets
    • Pricing strategies
    • Marketing strategies

    How does the product life cycle affect business?

    The product life cycle determines the growth of the business. With the innovations and upgrades, the PLC can be increased leading to profitability for different businesses in sales.

    Next Story

    How ONDC's Interoperable QR Code will Transform India's Retail Sector

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (446)

    BY - Nandini Banerjee
    Managing Editor, IndianRetailer.com & Retailer Media / 8 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (448)

    In India, one of the most daunting tasks for small businesses is the struggle to gain visibility and establish an online presence. Platform constraints and high costs have made it challenging for them to compete with larger e-commerce giants. However, the Open Network for Digital Commerce (ONDC) is poised to change the game with its innovative interoperable QR code. Currently in its alpha phase, this tool enables sellers to generate unique QR codes that customers can scan using an ONDC-registered buyer app, such as magicpin and Paytm. This initiative is set to expand across the entire network following successful initial testing.

    "Today marks a transformative moment in Indian commerce," declared T Koshy, MD & CEO, ONDC, during the launch event for the QR code. "ONDC’s interoperable QR code breaks down the barriers that have held small businesses back. Now, every seller has the power to reach customers digitally, just like the e-commerce giants. It’s a massive leap towards an open, inclusive, and democratized digital marketplace."

    Empowering Sellers with Simple Technology

    The beauty of this technology lies in its simplicity and potential for far-reaching impact. Sellers can display their QR codes anywhere — on storefronts, products, marketing materials, or social media — instantly connecting with customers both offline and online. For consumers, it means unparalleled convenience: a quick scan with any QR scanner app or ONDC Buyer Apps links them directly to the seller’s online store through their preferred buyer app.

    "Think of the local shopkeeper, the street vendor, the artisan — they can now be discovered and patronized by anyone, anywhere," Koshy emphasized. "This isn't just a new feature; it's a catalyst for economic growth and digital inclusion. Millions of businesses will come online, creating new opportunities and driving India’s digital economy forward. Just think of the possibilities!”

    A Game-Changer for Small Businesses

    Before ONDC’s interoperable QR code, sellers were either not online because of demand generation costs or were having to pay a high revenue share. Now, with this game-changing tool, they can drive their own growth in affordable ways. From the last two years, since its launch, ONDC has been empowering a diverse set of merchants and service providers, from kirana stores to restaurant owners to fashion B2C clients. The key advantage of the QR code is its power to the brand owner or the shop owner. "Imagine you are a kirana store owner. One of the challenges you are facing today is that your target segment is your neighborhood. Nobody's going to come from a few kilometers or tens of kilometers away. So, we want to have all of them aware of your existence," Koshy explained. "Today, everyone knows they can come to you, but what happens in the next generation? By the time the next generation is there, they won't even know where your store is. They'll all do online shopping. So, how will you expand and why would they come to you?"

    The ONDC QR code allows small merchants to publish themselves through social media, WhatsApp, or leaflets, saying, "I exist, look at this scan, this QR code." Many big brands, when they advertise their products, will put a QR code saying "scan with any ONDC application”. The nearest store will show it to you because they don't have to go and tie up with each of them separately. They have to only make sure that they're there.

    "This way, the shops together with the big brands, will make their existence more relevant in the digital world; otherwise, they will become irrelevant," Koshy noted. "In developed countries like the US, as e-commerce gets more prevalent, small shops or as we say, mom-and-Pop stores are becoming irrelevant. They have no discoverability unless they follow the rules and regulations of a few existing platforms. Here, they have discoverability and existence of their own. Not everyone will succeed, but they have to innovate with good products and offers. This definitely gives them a power in their hand, and the QR code is one more tool."

    A Cost-Effective Solution

    The QR code costs the sellers nothing! They don't need to give any special price to any application. They can generate it and give it to everybody, and they can scan it.

    For the food services and restaurants onboarded on ONDC, this new model offers significant advantages. In the existing platform world, there are only one or two options, giving certain privileges. Now, with many seller aggregators, the service is only to make the seller visible to the network, with demand coming from buyer applications. This reduces the rent-seeking capability and profit maximization possible with only a few players, making it more competitive for sellers. Restaurants, for example, can make themselves visible in the ONDC network at a low cost. "If you're a digitized restaurant, you can be visible in the ONDC network, let everybody else bring demand, and use it. It becomes a no-brainer decision to be part of it and benefit from it," Koshy elaborated.

    The new network-wide logistics are hyperlocal, available at the most competitive price, matchable to any price that even the established players will offer. This makes it easier for small businesses to compete, offering good food and competitive logistics, representing themselves at a lower cost.

    Encouraging Broader Participation

    The post-budget reaction to the reduction of TDS on e-commerce to 0.1% and the establishment of export hubs has been positive. "These steps are encouraging for both sellers and startups. My ecosystem consists of merchants, innovators, and startups, and if they're happy, I'm happy," Koshy remarked.

    The goal is ambitious. In the next one or two years, the target is to have 500 million ONDC QR codes out there in the country. This ambitious target is reflective of the aspirations of the Indian government and the startup sector. The beauty of ONDC is that it works with a lot of seller aggregators who target specific segments. There are innovations even in small cities, where simple tools will help onboarding easier.

    Next Story

    Top 10 Car Brands in India 2024

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (449)

    BY - Saptopriya Ghosal
    Junior Writer / 31 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (451)

    India is considered as the third largest automobile industry. As in India cars are emotions to many people, many people consider the car as a statement of their standard. The country is vibrant with the automobile industry and it can be an exciting journey to explore India’s automobile industry from luxurious rides to rugged performers. Here are the top 10 Car brands in India that have a huge impact on the Indian automobile industry with a revenue of Rs 15 lakh crore by the end of the year 2024, highlighting their unique features, safety standards, and engineering marvels.

    Top 10 Car Brands in India

    S.NoBrandsUnit of Sale
    1Maruti Suzuki2,135,323 units
    2Hyundai42,16,898 Units
    3Tata Motors2,65,090 units
    4Mahindra & Mahindra68,413 units
    5Kia2,61,022 units
    6Toyota27,474 Units
    7Honda18,84,958 units
    8Skoda1,00,000 units
    9Volkswagen7,64,800 units
    10Renault11,54,700 units

    Let’s Discover the top 10 car brands in India, and find out about the brand which are driving the Indian market.

    1. Maruti Suzuki

    Maruti Suzuki is the biggest automaker in India, and it has been making cars that are inexpensive and dependable since 1981. A joint venture of Maruti Udyog Limited and Suzuki Motor Corporation of Japan, Maruti Suzuki is based in New Delhi. The brand's position in the Indian market is strong, as it provides quality vehicles that are both practical and cost-effective. Maruti Suzuki's design philosophy prioritizes streamlined forms and practical features, as seen in the Maruti Suzuki Swift and Maruti Suzuki Baleno, which have aerodynamic shapes and luxurious, tech-rich interiors.

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    A major area to look out for at Maruti Suzuki is safety, with such standard features as dual airbags, ABS with EBD, and rear parking sensors. The hidden talent under the hood, which is equally good, arranges the Swift with a 1.2-liter DualJet petrol engine of 88 bhp and the Baleno with a similar engine which is enhanced by a mild-hybrid for improved fuel efficiency. The brand has a net income of Rs 13,488 crore as of 2024 and the total asset is worth Rs 115353 crore. Maruti Suzuki's dedication to innovation and efficiency is what made it the most successful car maker in India with over 3.5 thousand exclusive showrooms.

    2. Hyundai

    Hyundai Motor India Ltd. which is a subsidiary company belonging to the South Korean firm Hyundai Motor Company was set up in 1967 by Chung Ju-yung and is headquartered in Seoul, South Korea. Hyundai is well known for its stylish and technologically advanced vehicles and has a significant share in the Indian market. The brand is admired for its dedication to the creation of modern, attractive designs, an example of which can be seen in popular models like the Hyundai Creta and Hyundai Verna. These vehicles are characterized by the signature Hyundai cascading grille and elegant headlight design and have spacious interiors that boast the freshest infotainment systems. Besides, the Hyundai vehicles are equipped with safety features like the presence of a multiple Airbags system, ABS with EBD as well as ESC.

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    Hyundai ensures these engines have strong support for longer use and are well-tuned for both performance and fuel economy. The Creta comes with a powertrain In May 2023, with a 1.4-litre turbo petrol engine that outputs 138 bhp, and if we talk about the Verna, it has a 1.5-litre petrol engine that is rated at 113 bhp. Currently, the company owns 33.88 percent of Kia Corporation and fully owns two marques including its luxury cars subsidiary, Genesis, and their electric vehicle brand Logic. Hyundai has constantly renewed its quality issues and has come to be trusted by Indian customers who want an innovative model that combines style with performance and safety.

    3. Tata Motors

    Tata Motors Limited is the automotive manufacturer of the Tata Group and the biggest in India. It has got a prominent place in the development of the Indian automotive sector. The company was established in 1945 by J.R.D. Tata. It is headquartered in Mumbai and manufactures a wide range of vehicles from passenger cars to commercial vehicles. The brand is known for its innovative design philosophy, which emphasizes strength and sophistication. This is evident in models like the Tata Nexon and Tata Harrier, which feature bold and muscular exteriors combined with plush, tech-laden interiors.

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    The major foundation of Tata Motors is safety, and a lot of models have a 5-star Global NCAP safety rating. Features like ABS with EBD, dual airbags, and an advanced electronic stability program are the standard for the range of models. Tata's engines are made to perform and use less fuel, as the Nexon has a 1.2L turbocharged gasoline engine with 118 hp while the Harrier has a 2.0L diesel engine that produces 168 hp. Jaguar and Land Rover are subsidiaries of the company. The company’s net income is Rs 31,806 crore as of 2024. Tata Motors' persistent efforts toward sustainability and innovation are at the top of the industry and slowly but surely they are gaining influence not only in India but also around the world.

    4. Mahindra & Mahindra

    Mahindra & Mahindra Limited is the Indian subsidiary of Mahindra Group, and it is an Indian automobile manufacturer that is big and has been around since 1945 established by J.C. Mahindra, K.C. Mahindra, M.G. Muhammad. The headquarters is in Mumbai, Maharashtra. Mahindra is a well-known name in the production of rugged and reliable vehicles and has a strong market position in the SUV and commercial vehicle segments. The brand's long-time association with hardiness, such as the Mahindra XUV500 and Mahindra Thar models, is still valid today. The XUV500 is well-designed with a roomy interior, while the Thar is a traditional off-road vehicle with a modern style. Mahindra's commitment to safety includes such features as ABS with EBD, dual airbags, and strong structural integrity.

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    Mahindra automobile-powered engines are full of performance and long-lasting, XUV500 with a 2.2-liter mHawk diesel engine that produces 155 bhp and Thar with a 2.0-liter medallion petrol engine that produces 150 bhp. The subsidiaries include companies like Mahindra Tractors, Mahindra Truck and Bus and BSA Company. The net income of the company is Rs 11,269 crore as of 2024. Mahindra's focus, thus, is not only on delivering powerful, robust, and trendy vehicles but also on establishing itself as one of the most loved automobile manufacturers in India whether one is looking for adventure or reliability.

    5. Kia

    Kia Motors Corporation which is a South Korean automobile manufacturing corporation was founded in 1944 and in no time it has become a household name in India and entered the market in 2019. The company whose headquarters are in Seoul, South Korea produces stylish vehicles that are packed with lots of features and provide good performance and comfort. The brand's unwavering dedication to agile design can be seen through the Kia Seltos and Kia Sonet, characterized by their dynamic tiger-nose grille and lean body lines that differentiate the Kia brand from others. Kia's driving force is safety, including standard features like multiple airbags, ABS with EBD, and electronic stability control, thus offering an accident-free experience.

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    The Seltos 1.4-liter turbo petrol engine with a power of 138 bhp and the Sonet 1.0-liter turbo petrol engine with a power of 118 bhp are the two options Kia engines are engineered for maximum efficiency and power. Kia is owned by Hyundai with a stake of 33.88 percent. In India, Kia gained immense popularity due to innovation, quality, and customer satisfaction, making it the choice among consumers looking for style and technology.

    6. Toyota

    Toyota Motor Corporation, which was established in 1937 by Kiichiro Toyoda, is an automobile giant on the world stage. With its administrative center in Toyota City, Japan, it has earned its place among the most dependable and innovative car manufacturers. In India, Toyota is known for its versatile range of vehicles that are suitable to different types of customers. According to Toyota's design approach, practicality and style are embraced, which is the case with the Fortuner and Innova Crysta models. These cars embody audacious exteriors along with lavish and spacious interiors that are made for comfort and utility.

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    Safety is primarily on the agenda of Toyota, with an array of advanced features including double airbags, ABS with EBD, Vehicle Stability Control, and the Toyota Safety Sense suite, which has sophisticated technologies such as a Pre-Collision System and Lane Departure Alert. Besides being known for their efficiency and reliability, Toyota engines are also known for their ruggedness. With the Fortuner, for instance, you can get a 2.8-liter diesel engine that pumps out 201 bhp and a 2.7-liter petrol engine that gives you 164 bhp on the Innova Crysta. Toyota's commitment to innovation as well as sustainability is one of the major reasons why the company is still the leader in the automotive industry.

    7. Honda

    Honda Motor Co., Ltd., founded in 1948, is a Japanese globally operating corporation that has a reputation for its engineering and automotive innovations. Honda has its base in Minato, Tokyo, Japan, and it has successfully penetrated the Indian market with a wide range of vehicles. Honda cars stand out with their striking, aerodynamic configurations as can be seen in top models such as Honda City and Honda CR-V, both of which flaunt stylish outsides and high-tech comfortable interiors. Honda is very concerned about safety, which is why standard features like dual airbags, ABS with EBD, and the Advanced Compatibility Engineering (ACE) body structure come with their cars.

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    This is complemented by the Honda Sensing suite of safety technologies that include features such as Collision Mitigation Braking System and Lane Keeping Assist that provide extra protection to passengers. Honda is known for their excellence in all respects, but the City comes with a 1.5-liter i-VTEC engine that gives 119 bhp, while the CR-V has a 2.0-liter engine that generates 152 bhp. The unwavering commitment of Honda to innovation, performance, and road safety further engraves its existence in the minds of Indian consumers.

    8. Skoda

    Škoda Auto is a renowned automaker known for producing vehicles that blend luxury and practicality, founded in 1895 in Mladá Boleslav, Czech Republic. In India, Skoda has made significant strides with its premium offerings that cater to discerning consumers. Skoda cars are designed with a focus on elegance and functionality, evident in models like the Škoda Octavia and Škoda Kodiaq, which feature sharp lines and spacious, luxurious interiors. Safety is a priority for Škoda, with vehicles equipped with multiple airbags, ABS with EBD, Electronic Stability Control, and Rear Parking Sensors.

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    Škoda engines are crafted for performance and efficiency, with the Octavia featuring a 2.0-liter TSI petrol engine that delivers an impressive 190 bhp, and the Kodiaq offering a 2.0-liter TDI diesel engine producing 148 bhp. The Škoda Octavia is well-regarded for its smooth ride and high-quality interior, which includes a 10-inch touchscreen infotainment system and a virtual co*ckpit. The Škoda Kodiaq, on the other hand, is a spacious SUV that offers excellent off-road capabilities and a luxurious cabin. Škoda's commitment to producing vehicles that combine innovation, safety, and elegance has solidified its presence in the Indian market, appealing to those who seek both comfort and performance in their cars.

    9. Volkswagen

    Volkswagen, the origin of Volkswagen in 1937 sounds like a tale of the German state automobile manufacturer that had been producing cars reliable and well-engineered for decades. The company is headquartered in Wolfsburg, Germany, and is known for its precise engineering and uncompromised quality. Volkswagen India offers a diverse portfolio of cars not only for those who heat their hearts with motors but also for those who are not fanatics, but use them for work and everyday driving. As the brand's signature image is captured in the sleek exteriors and high-quality interior of advanced infotainment systems, models like Polo and Tiguan embody the design philosophy of Volkswagen.

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    Volkswagen is safety-conscious and integrates features like ABS, electronic stability control, multiple airbags, and rear parking sensors across its entire lineup. The engines of VW cars are intentionally set to be both very efficient and very powerful, with the Polo having a 1.0 lTSI gasoline engine with 108 horsepower and the Tiguan flaunting a 2.0 lTSI engine with 187 horsepower. VW's commitment to engineering perfection and technology is still the preference among Indian customers who are looking for precision and reliability in their cars.

    10. Renault

    Renault, a French corporation of car manufacturers, was founded in 1899 and has its headquarters in Boulogne-Billancourt, France. Renault is widely acknowledged for its creative designs and for providing cars which not only look good but are also comfortable and practical. In India, Renault has created a special place in the market by introducing models such as the Renault Kwid and Renault Duster, which are made to provide a combination of aesthetic and functional appeal.

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    The Renault Kwid is selling like hotcakes, especially because of its stylistic design, which makes it look like an SUV while being very compact and suited for the city. The Duster, in contrast, is a sporty SUV that offers good off-road performance and roomy cabins. Renault puts a cardinal focus on safety, incorporating into its vehicles things like dual airbags, ABS with EBD, and reverse parking sensors. The engines from Renault are not only efficient but also perform well, with the Kwid model using a 1.0-litre petrol engine providing 67 bhp and the Duster model with a 1.3-litre turbo petrol engine giving 154 bhp. Renault's commitment to inventive solutions has become a key reason Indian consumers have been drawn to the brand, who value the exclusive look and solid performance.

    Final Thought

    At Indian Retailer, we understand Automobile industry is driving the market crazy with unique style and innovative technology. It's important to understand how impactful this industry is, so we have made a list of the top 10 car brands in India with the details of brands, their style, and technology. Above we have mentioned all the information anyone needs to know about the brands to understand the top car brands in India in detail.

    FAQs on Top Car Brands in India

    1. Which is the No. 1 car brand in India?

    Maruti Suzuki is India's Most Popular Automobile Brand. The company has operated for over 40 years and has a wide range of cars to offer, from compact hatchbacks to SUVs.

    2. How many car brands are there in India?

    It's no surprise that there are over 35 global and Indian car brands active in the country.

    3. What is the most expensive car?

    The most expensive car ever sold in the world is the Mercedes-Benz 300 SLR Uhlenhaut Coupé, which sold for $142 million in 2022 through RM Sotheby's.

    4. Which car is safest in India?

    The Tata Harrier is the safest Indian car as per Global NCAP adult safety ratings. The Harrier prioritizes safety by boasting six airbags as standard, with top-tier variants featuring a driver knee airbag.

    5. Which is India's most selling car?

    Maruti Suzuki manufactures the best-selling cars in India.

    Next Story

    Why 72 pc of Indian Shoppers Are Embracing AI Chatbots for Online Purchases

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (462)

    BY - Aritra Ghosh
    Features Writer, IndianRetailer.com & Retailer Media / 8 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (464)

    Indian online shoppers exhibit distinct behaviors and preferences, placing a high value on brand trust and the quality of products and services. Indian online shoppers are tech-savvy and value efficiency, relevance, and personalized experiences. Social media ads, search filters, and technologies like AI chatbots and QR codes play significant roles in their shopping journeys.

    The Power of Social Media Advertising

    According to a survey by Capterra, despite the ubiquitous nature of ads, they remain a potent tool for reaching online consumers. The survey revealed that 70 percent of respondents had purchased one or more products after seeing a social media ad in the past 12 months. Additionally, 69 percent of these shoppers sought more information about a product after viewing an ad, while 65 percent followed the brand. This indicates that even when social media ads do not lead to immediate purchases, they generate significant engagement and build a potential customer base for future sales.

    The engagement sparked by these ads extends beyond initial interest, fostering continuous interaction with brands. This ongoing dialogue allows brands to consistently deliver relevant content, updates, and offers to their followers, reinforcing brand presence and increasing the likelihood of converting engagement into sales.

    Relevance of Ads

    73 percent of respondents found ads acceptable if they were relevant to their interests. This highlights the importance of effectively targeting the right audience. Businesses can leverage marketing automation software to analyze customer data, segment audiences, and deliver personalized content that is more likely to engage and convert.

    Interestingly, 53 percent of respondents indicated they found ads for products they had not previously shown interest in acceptable. This presents a significant opportunity for companies to use social media platforms to attract new customers, not just reach existing ones. In a dynamic market like India, where half of consumers are open to discovering new products through social media, effective targeting becomes crucial.

    The Role of Search Filters in Online Shopping

    Search filters play a significant role in online shopping. The survey found that 52 percent of respondents always use search filters to narrow their product searches, while 36 percent use them often, and 11 percent use them sometimes. However, there are areas for improvement. About 46 percent of respondents found search filters too specific, and 40 percent felt overwhelmed by too many filters.

    Too many search filters can confuse and frustrate customers, potentially leading to a loss of interest or search abandonment. Direct and relevant search filters can improve user experience and expose shoppers to products they might not have initially considered.

    Growing Interest in Chatbots and QR Codes

    Technology has significantly transformed the online shopping experience, making it more efficient and enjoyable. The survey revealed that 51 percent of respondents are interested in using AI chatbots and QR codes for shopping online. These technologies simplify the shopping process and enhance decision-making and satisfaction.

    AI chatbots provide real-time, 24/7 customer service, offering tailored recommendations and assisting with purchases. QR codes offer a quick way to access product information, promotional offers, and digital services. These tools make the shopping experience more dynamic and engaging, helping customers find and buy what they need more efficiently.

    The Future of AI-Enabled Shopping

    The survey indicated that 72 percent of respondents have used AI-enabled chatbots to search for products online and would like to use them again. This growing interest highlights a shift towards a more convenient and interactive shopping experience. According to a Gartner report, by 2026, 50 percent of customer service and support organizations will have implemented GenAI-driven virtual assistants for customer-facing tasks.

    GenAI chatbots can simulate human-like conversations, efficiently route conversations to relevant stakeholders, offer personalized responses, and help visualize content. These advancements can significantly enhance customer engagement and satisfaction.

    Challenges and Opportunities for Businesses

    While technology enhances the online shopping experience, not all consumers feel the same way. About 8 percent of respondents who have used chatbots do not plan to use them again. This indicates that there is still work to be done to improve these tools and address customer concerns.

    Businesses must optimize their e-commerce platforms and marketing strategies to gain insights into consumer behaviors and preferences. Enhancing search filters to be more user-friendly and implementing personalized marketing tactics can help companies better connect with online consumers. By focusing on efficiency, customization, and relevance, businesses can increase customer satisfaction and conversion rates.

    Indian online shoppers are tech-savvy and value efficiency, relevance, and personalized experiences. Social media ads, search filters, and technologies like AI chatbots and QR codes play significant roles in their shopping journeys. Businesses that recognize and adapt to these behaviors will be better positioned to engage and convert this dynamic consumer base. By leveraging advanced technologies and personalized marketing strategies, companies can enhance their online presence, build brand trust, and drive sales in the ever-evolving Indian market.

    Next Story

    How Amazon India is Bringing International Beauty Brands to Every Pin Code

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    BY - Nandini Banerjee
    Managing Editor, IndianRetailer.com & Retailer Media / 9 MIN READ

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    India’s beauty market is a burgeoning arena, forecasted to reach a staggering $46 billion in the coming years. International brands are keenly eyeing this vast potential, and Amazon India stands at the helm of this transformation, leveraging its vast reach and robust infrastructure to cater to the burgeoning demand. In an exclusive interaction with Indian Retailer, Zeba Khan, Director, Fashion and Beauty, Amazon India, shared fascinating insights into how the e-commerce giant is navigating this exciting market.

    Surge of Global Brands

    "You're absolutely right. The Indian beauty market is so ripe," Zeba begins, setting the stage for our discussion. "E-commerce in India is still only about 20 percent of the market. The Indian beauty customer is spending less than one-fourth of what a person in China spends on beauty,” she notes, highlighting the untapped potential in the market. To bridge this gap, Amazon India launched the Global Beauty Store, a curated collection of trending international brands. “We have 60-plus international brands and over 5,000 products on that store,” she adds. This initiative has seen tremendous success, with a 2.5x spike in traffic on launch day alone, underscoring the excitement among Indian consumers for global beauty products.

    One of the standout features of Amazon’s approach is its ability to democratize access to these international brands. “We serve almost all the pin codes in India, bringing these products to the doorstep of the last pin code at the convenience of a click,” Zeba proudly states. This level of accessibility ensures that even consumers in remote areas can enjoy the latest beauty trends from around the world.

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    Trends in Luxury Beauty

    Luxury beauty is a fast-evolving segment in India, with perfumes and makeup leading the charge. “Perfumes remain evergreen, with brands like Carolina Herrera now available on our platform,” Zeba shares. The makeup segment is also booming, with renowned brands like Anastasia Beverly Hills making their debut on Amazon India. This marks a notable trend where luxury makeup brands are gaining traction, whereas previously, the focus was more on skincare and perfumes.

    Interestingly, there is a growing interest in derma brands. “Indian consumers are very particular about their skin type and ingredients,” Zeba observes. This shift is driven by increased consumer awareness and interest in the specific ingredients and types of skincare products. Indian customers are now well-informed about national brands and equally discerning about the ingredients in these products. As a result, there's a growing trend of people consulting dermatologists and using derma products without hesitation.

    To cater to this demand, Amazon launched the Derma Store, offering a curated selection of derma products and expert consultations. “This platform is highly educational and informative, featuring experts who customers can consult. It offers a curated selection of products, providing customers with reliable and specialized skincare options,” she adds.

    A Diverse Portfolio

    While international brands are a major draw, Amazon India is equally committed to promoting homegrown brands. “We have more than 1,300 homegrown trending direct-to-consumer brands,” Zeba reveals. This diverse portfolio ensures that customers have access to a wide range of products, catering to varied preferences and needs.

    For Zeba, this extensive selection is a personal boon. “I shop for Moroccan Oil for haircare, and derma brands for my sensitive skin,” she shares. The vast array of options allows her to explore new brands and products regularly, a perk she relishes.

    The beauty industry is no longer the exclusive domain of women. Men’s beauty is a rapidly growing segment, with skincare leading the charge. “Last year, we saw growth in men’s skincare, but now makeup is also picking up,” Zeba notes. Indian brands are catering to diverse skin tones and preferences, encouraging more men to experiment with makeup.

    The Beauty Sale

    Amazon’s Beauty Sale is a much-anticipated event, offering up to 70 percent off on a wide range of products. “This is our fourth edition. The sale features 8,000-plus deals across international and homegrown brands, with categories like skincare, makeup, and luxury beauty seeing significant traction,” she shares. But the Beauty Sale is more than just discounts. “We have continuous live sessions on our app with derma and makeup experts, social media giveaways, and exciting contests,” Zeba highlights. Additionally, the Amazon Beautyverse brings top creators together to network and educate customers, making the shopping experience both enjoyable and informative.

    Exclusive collaborations are a cornerstone of Amazon’s strategy to offer unique products to its customers. “We launched St. Botanica perfumes exclusively with us,” Zeba shares. These perfumes feature scents crafted from the world’s best ingredients, offering a diverse selection to consumers. In the skincare segment, Amazon partnered with CeraVe, a US derma brand in India. “While it wasn’t exclusive with us, we are one of the first few e-commerce partners offering this brand,” Zeba states, expressing excitement about this collaboration.

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    The Road Ahead

    Amazon India’s vision for the future of beauty shopping is clear: to provide an unparalleled selection of products, ensure authenticity, and offer a seamless and informative shopping experience. With initiatives like the Global Beauty Store, Derma Store, and exclusive collaborations, Amazon is well on its way to transforming the beauty landscape in India.

    Zeba Khan’s insights paint a vivid picture of an industry on the brink of a major evolution. As international and homegrown brands converge on the Indian market, consumers stand to benefit from a plethora of choices, expert guidance, and the convenience of shopping from the comfort of their homes. The treasure trove of beauty is truly being unlocked, one click at a time.

    Next Story

    How Bharat’s Small Towns Are Driving India’s $300 Bn Retail Future

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    BY - Aritra Ghosh
    Features Writer, IndianRetailer.com & Retailer Media / 9 MIN READ

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    In recent years, Bharat has witnessed a significant shift in the eCommerce landscape. Traditionally dominated by major urban centers like Delhi, Mumbai, and Bangalore, the spotlight is now turning towards non-metro areas where the eCommerce revolution is thriving.

    Shiprocket’s latest report titled “How MSMEs of Bharat sell online” sheds light on this transformation, revealing intriguing trends and data that highlight the expanding reach and evolving nature of online retail in Bharat.

    71 Percent of Orders from Small Towns

    One of the standout findings from the report is the substantial shift of eCommerce activity from metropolitan cities to non-metro areas. In 2023, approximately 71 percent of all online orders originated from these smaller towns and rural regions. This trend underscores a pivotal change in India's retail dynamics, with rural and semi-urban areas becoming significant contributors to the eCommerce growth narrative.

    "This shift is a clear indicator of the burgeoning potential in Bharat’s smaller towns," said Atul Mehta, CEO of Domestic Shipping at Shiprocket. "It highlights the immense opportunity for eCommerce growth beyond just the traditional urban centers. The rise in digital access and smartphone usage in these regions is transforming them into vital hubs of online shopping."

    Changing Consumer Preferences

    Consumer behavior has also evolved, particularly with regards to shopping patterns. MSMEs have noted that 84 percent of their orders are placed over weekends, indicating a preference for shopping during leisure time. The report also reveals that personal care products are leading the charge, accounting for 27 percent of all orders in early 2024. Apparel & footwear and electronics follow, capturing 20 and 9 percent of orders, respectively.

    "Understanding these trends is crucial for MSMEs as they navigate the competitive eCommerce landscape. The weekend shopping spike presents a significant opportunity for targeted marketing and promotional strategies. Additionally, the increasing trust in digital payments, with 42 percent of buyers preferring prepaid methods, reflects a growing confidence in online transactions,” explains Mehta.

    MSMEs Embrace WhatsApp and Data Analytics

    As eCommerce continues to evolve, MSMEs are increasingly integrating advanced technology solutions to enhance their operations. A notable trend is the growing adoption of WhatsApp for direct marketing, with usage rising from 25 to 30 percent among small and medium-sized businesses. This shift towards instant communication channels reflects a broader move towards more personalized and efficient customer interactions.

    "WhatsApp and other direct communication tools are revolutionizing how MSMEs engage with their customers. The rise in usage from 25 to 30 percent among SMBs underscores the shift towards more immediate and personal marketing channels. This trend is a testament to the increasing importance of real-time interaction in building customer relationships," said Mehta.

    Furthermore, data analytics tools are becoming indispensable for MSMEs. By leveraging these tools, businesses can gain valuable insights into customer behavior, optimize their product offerings, and make informed decisions. "The integration of data analytics is empowering MSMEs to refine their strategic planning and respond more effectively to market trends," Mehta added.

    The $300 Billion Vision

    The report emphasizes the potential of the Indian eCommerce market, projected to reach $300 billion by 2030. This growth trajectory is expected to be driven by inclusive development, with women-led MSMEs playing a crucial role. Currently, women-led businesses account for 20.5 percent of all registered MSMEs and generate 19 percent of employment, reflecting their significant contribution to the market.

    "Sustainability and inclusivity are not just trends; they are shaping the future of eCommerce in Bharat. Women entrepreneurs are making significant strides, and their stories are inspiring. The focus on sustainability, from eco-friendly packaging to ethically sourced products, is also driving consumer preferences and business practices," Mehta noted.

    Sustainability is also becoming a key factor, with a rising demand for eco-friendly practices and ethically sourced products. MSMEs are adapting to these changes by adopting sustainable packaging and exploring environmentally friendly logistics solutions. "Consumers today are increasingly conscious of the environmental impact of their purchases, MSMEs that embrace these sustainable practices will not only meet consumer expectations but also stand out in a competitive market," Mehta observed.

    Indian Brands Making Their Mark Globally

    The report also touches on the growing trend of Indian brands expanding internationally. As Indian eCommerce businesses gain traction with unique and well-crafted product offerings, many are finding success beyond domestic borders. "Brands that offer specialized and differentiated products, such as those targeting specific needs like curly hair care, are not just catering to the Indian market but are also making a mark globally," Mehta observed.

    This international expansion is facilitated by the strong foundation and success of these brands in the domestic market. With a compelling brand story and a clear value proposition, Indian eCommerce businesses are well-equipped to enter and compete in global markets. The strength of Indian brands lies in their unique value propositions and the ability to tell compelling stories. When these brands succeed in India, they are well-positioned to replicate that success internationally.

    Insights and Opportunities for MSMEs

    "As we look towards the future, it is clear that India is poised to become a major player in the global eCommerce arena. The growth of MSMEs, especially those from non-metro areas and led by women entrepreneurs, is a testament to the vibrant and dynamic nature of our digital economy," said Saahil Goel, MD & CEO, Shiprocket.

    The eCommerce sector in Bharat is experiencing a transformative phase, with non-metro areas emerging as key contributors to growth. The evolving consumer preferences, technological advancements, and the increasing focus on sustainability and international expansion are shaping the future of online retail in India. As MSMEs continue to embrace these changes, the potential for further growth and innovation remains boundless.

    Next Story

    Rural FMCG Sector in India Poised for Significant Growth with 6.1 pc Increase in Current Fiscal

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    BY - Vaishnavi Gupta
    Assistant Editor, IndianRetailer.com & Retailer Media / 7 MIN READ

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    The fast-moving consumer goods (FMCG) sector in India is poised for a notable shift, driven by robust growth in the rural market. The rural FMCG volume is expected to grow by 6.1 percent in the current fiscal year, up from 4.4 percent the previous year. This projection presents a strong positive outlook, especially in contrast to the urban market, which is predicted to remain relatively flat at 4.2 percent.

    The Rural Challenge: A Seismic Shift

    According to a recent report by Kantar Worldpanel, titled 'The Rural Challenge,' suggests that the rural market is on the brink of a significant transformation. Stability in the macro market is anticipated to catalyze this change, potentially enabling rural volumes to catch up with urban growth. Currently, the rural market generates half of the FMCG volume and value in India, underscoring its importance to the sector. The report also highlights that growth in rural areas is largely population-driven rather than consumption-driven.

    Premiumization and Evolving Consumer Preferences

    Kantar's findings indicate a notable trend towards premiumization in the FMCG sector. As rural consumers experience a higher standard of living, there is an increasing demand for premium products. Categories such as food spreads and dressings, face scrubs, body washes, hair conditioning serums, muesli, and Korean noodles are seeing heightened consumer interest. This shift mirrors trends in other sectors where consumers are willing to pay more for products that elevate their experience.

    Additionally, products that simplify daily life and save time are gaining popularity. Liquid dishwashing soaps, liquid detergents, ready-to-cook mixes, cornflakes, oats, frozen foods, and fabric conditioners are among the categories witnessing increased demand. In personal care, items that address specific consumer needs, such as targeted skin creams, sensitive toothpaste, roll-on deodorants, tampons, and prickly heat-cooling powders, are also experiencing higher growth.

    Healthier Alternatives and Quick Commerce

    There is a growing preference for healthier alternatives within the FMCG sector. Products such as healthy bread, various types of healthy oil (olive, canola, rice bran, flaxseed), sweeteners, sugar-free cold drinks, dark chocolates, and healthy biscuits are becoming increasingly popular. This shift is part of a broader trend where consumers are making more health-conscious choices.

    Moreover, the adoption of e-commerce and quick commerce channels is accelerating. Quick commerce, in particular, is seeing significant growth in premium categories, with users frequently purchasing larger packs. This trend indicates a shift in consumer behavior towards convenience and faster delivery times, which are becoming critical factors in purchasing decisions.

    Leading FMCG Brands: Parle and Britannia Dominate

    The latest Kantar Brand Footprint India 2024 report sheds light on the most chosen FMCG brands in the country. Parle has maintained its top spot as the most chosen in-home FMCG brand for the 12th consecutive year, with a Consumer Reach Points (CRP) score of 7,980 million. Britannia follows closely with a CRP score of 7,937 million. Other leading brands include Amul (6,137 million), Clinic Plus (4,144 million), and Tata Consumer Products (3,035 million).

    CRP is a metric that measures brand popularity and reach by combining penetration (the percentage of households buying the brand), frequency (how often they buy it), and population (total households). This metric provides a comprehensive view of a brand's strength and consumer preference.

    Out-of-Home Consumption Trends

    Britannia leads the out-of-home brand rankings with 628 million CRP points, surpassing Haldiram’s (442 million), Cadbury's (427 million), Balaji (362 million), and Parle (302 million). The report indicates that out-of-home consumption is on the rise, driven by different choice triggers compared to in-home consumption.

    Growth and Penetration Insights

    Despite a general slowdown in CRP growth across sectors such as FMCG, foods, homecare, health and beauty, and beverages, the dairy sector showed resilience with a 2 percent growth. Haldiram’s and Balaji performed exceptionally well, entering the top 25 in-home brand list with over 30 percent growth in 2023. Brands like Sunfeast, Sunsilk, Stayfree, and Oreo made significant penetration gains, reaching the top 10 list.

    K. Ramakrishnan, Managing Director of the South Asia Worldpanel division at Kantar, emphasizes that the increasing availability of brand options is evolving consumer choices in India. This evolution is reflected in the steady increase in CRPs, indicating that consumers are making more frequent purchase trips and expanding their options.

    Next Story

    Top 9 Young Entrepreneurs in India Acing the D2C Segment

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (476)

    BY - Ria Duneja
    MT Editorial / 21 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (478)

    The younger generation aims to reach new heights today, especially in entrepreneurship. Gone are the days when a traditional nine-to-five job was the only path to success. With the rise in technology and independence, young entrepreneurs in India are building their own legacies. Resources like online education, crowdfunding, and global market access have made everything easier to reach.

    In India, 14 percent of 18-37-year-olds are getting into entrepreneurship. For these top young entrepreneurs in India, it’s not just about making money; it’s about creativity, innovation, and personal achievement. Among them, the top 9 young entrepreneurs in India are setting new standards and inspiring others. This trend has led to a rise in famous young entrepreneurs in India who are making big strides in their fields.

    These successful young entrepreneurs in India are especially impressive because they show great drive and creativity. They are not just building businesses but also making meaningful contributions to the economy and society.

    Top 9 Successful Young Entrepreneurs in India

    Here is a list of the top young entrepreneurs in India in 2024.

    Young Entrepreneurs in IndiaBrands
    Anchit and Adwaita NayarNykaa
    Gazal Alagh and Varun AlaghMamaearth
    Ankit NagoriCurefoods
    Bala SardaVahdam
    Dhvanil ShethSkillmatics
    Ankit Garg and Chaitanya RamalingegowdaWakefit
    Manoj MeenaAtomberg
    Harsh LalSouled Store
    Siddharth DungarwalSnitch

    1. Anchit and Adwaita Nayar- Nykaa

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    Anchit Nayar, a successful Indian entrepreneur, is the chief executive officer of the beauty e-commerce giant with ten years of experience in marketing, retail and banking serving in expanding Nykaa retail stores. Adwaita Nayar is also the Chief executive officer of the company. She has instituted Nykaa Fashion Business by supervising NykaaFashion.com with more than ten years of experience in the equity market, fashion and retail.

    At the age of 50, Falguni (mother) started the company from scratch with $2 million in 2012 and now has GVM (gross merchandise value) of $1 million during FY2024 a 25 percent year-on-year increase. The Omnichannel company trades in cosmetics and fashion in both men's and women's gentry. The Fashion and beauty retail brand is projected to shoot up 20 percent in CAGR. The B2B segment called the superstore and media arm had grown to Rs 835 crore (59 percent).

    Read More:Female Entrepreneurs : 7 Retail Empires Built in India (2024)

    2. Gazal Alagh and Varun Alagh – Mamaearth

    Gazal Alagh and Varun Alagh, are successful Indian entrepreneurs and the founder of Mamaearth. The journey of the Rs 2,488 crore personal care company, started when the parents-to-be were searching for toxin-free baby products for their firstborn. The fact that most of the parents were using deleterious products for their little ones, got Gazal (36) and Varun (38) young entrepreneurs in India, to form a brand that uses well-researched methods to provide baby-safe items.

    Mamaearth, a D2C brand, announced the highest quarterly net profit of Rs 30.5 crore for 2023-2024. Consolidated revenue increased by 21 percent year-on-year to Rs 471.1 crore in the fourth quarter of 2024. Mamaearth has grown sales by 21.5 percent and consolidated EBITDA at Rs 33 crore.

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    Read More:How the Emergence of Young Entrepreneurs is Reshaping the Notion of Youth in Biz

    3. Ankit Nagori - Curefoods

    Ankit Nagori (36) an Indian entrepreneur, came across the idea to jump-start a food delivery company, Curefoods in 2020. As time passed, the company climbed the ladder of cloud kitchen by collaborating with various brands. Today, Curefoods has eight affiliated brands named - EATFIT, Sharif Bhai, Olio, Great Indian Khichdi, Rolls on Wheels, Nomad Pizza, CakeZone, Millet Express, Chaat Street and Juno’s. Curefoods focuses on developing food that is made on a sustainable basis, chemical-free items that are loved by consumers covering 75 percent of India’s online food market. Ankit is well-known in both private and professional spheres for his perennial drive for food and fitness, pushing his devotion to the field.

    Curefoods, a F&B company has over 200 cloud kitchens and offline stores serving over 10 cuisines between 15 cities in India generating an annual revenue of Rs 412 crore ($51.3 million) for FY2023. It has taken second place in the list of largest cloud kitchen players in India with the philosophy to be a chemical-free, ISO-certified kitchen and hygienic food provider.

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    4. Bala Sarda- Vahdam

    Bala Sarda (25) is a famous Indian entrepreneur in India, who started his business ‘Vahdam’ with the ancestry experience of 80 years in the tea industry. In 2015, to solve the problem of the massive gap of $90 billion in the tea market, he made fresh teas available to consumers worldwide using technology to deliver home-grown tea. He plans to take the Indian tea industry global.

    Vahdam generated a revenue of Rs 26.2 million in FY 2023 with an increase of 5 percent CAGR. It generates 90 percent of the revenue from e-commerce and other online sales platforms rest 10 percent from offline presence. Vahdam has 6500 stores globally including the US, Canada and Europe are the main consumer-centric countries.

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    5. Dhvanil Sheth- Skillmatics

    Dhvanil Sheth (29), a successful Indian entrepreneur, founded Skillmatics in 2016. When he saw his nephew going through a book he realized learning could be done through games. A mover and shaker educational product brand is committed to developing innovative games that build essential skills in children. He started by investing $50.000 and came up with early learning games to help children gain knowledge without applications and smart electronics.

    The brand has over 20,000 retail stores worldwide with an omnichannel distribution model. The plan for the company is to hold a dominant position in the global market by expanding product assortment and getting deeper into online as well as offline channels. Skillmatics generated a revenue of $5.9 million (Rs 47.7 crore) and net profit.

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    6. Ankit Garg and Chaitanya Ramalingegowda - Wakefit

    Ankit Garg and Chaitanya Ramalingegowda, young entrepreneurs in India, founded ‘Wakefit’ in 2016 with a well-researched and innovation-driven home and sleep solution brand. Director and Co-founder Chaitanya Ramalingegowda with more than 20 years of experience in managerial capacities in large and start-up companies, looks upon all front-end operations such as sales, marketing, technology and consumer experience. Ankit Garg Co-founder of Wakefit leads the product development, design, research and innovation operations for the company with over 10 years of experience in the professional domain.

    Wakefit, a sleep and home solution company, follows a niche delivery model with a product-oriented approach that exercises research and innovation to be ahead of the industry. As of FY 2023, the company has a valuation of $ 275 million and an annual revenue of $102 million along with total funding of $145 million.

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    7. Manoj Meena - Atomberg

    Manoj Meena is a young Indian entrepreneur who noticed an energy efficiency problem in India. To solve the concern they catered to making energy-efficient smart appliances like the smart BLDC fans which reduce energy consumption by up to 65 percent. The story of Atomberg starts with two IIT Bombay friends, Manoj Meena and Sibabrata Das.

    Atomberg is a pioneer in the premium fans segment along with expanding newer categories like mixers, grinders and smart locks. The company has more than 30,000 retail stores across 400 tons in India and also has a presence in all e-commerce platforms. The company has an annual revenue of $80.9 million and a valuation of $359 million as of FY2023.

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    8. Harsh Lal- Souled Store

    Harsh Lal, a young entrepreneur in India and the owner of Souled Store founded the brand in 2013 to overcome the gap between fashion and customers. Harsh Lal is the modern-day entrepreneur and the co-founder of the souled store overseeing licensing, retail and marketplaces for the biggest brand for offline merchandise with products from T-shirts, backpacks, and phone covers to socks and badges.

    The company has an annual funding of $29.4 million and a valuation of $98.6 million in FY2023 with a total funding of $29.7 million.

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    9. Siddharth Dungarwal- Snitch

    Siddharth Dungarwal, a successful young entrepreneur and the founder of Snitch, always had a passion for fashion, he entered into the industry mainly self-tutored and started by providing products under the Snitch label, distributing to different retailers. It started with the D2C brand through “snitch.co.in” a website offering unconventional styles in male fashion.

    The brand has achieved a GVM of Rs 400 crore and sets its sights to reach Rs 600 crore at the end of FY2024. 80 percent of the operating revenue is driven by the men's fashion category with a 130 percent increase in sales.

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    Final Outlook

    In the Indian Retailer's eye, the country is a hub of opportunities for young entrepreneurs. Everyone has a new idea to develop and produce, filling the gaps in the market. Making it easier for customers to attain their needs. Bring creative thoughts and knowledge for others to gather, and achieve entrepreneurial goals. These top 9 young entrepreneurs in India are a great inspiration for the youth of the country. Get inspired and start your venture!

    FAQs

    What is a young entrepreneur?

    A young adult who starts a business in a particular field. A person who thinks about taking a risk and starting a new venture from scratch along with contributing towards society as well.

    Who is the most famous young entrepreneur in India?

    Gazal Alagh and Varun Alagh followed by Anchit Adwaita Nayar and Ankit Nagori are the top 3 most famous young entrepreneurs in India.

    Who is the first woman entrepreneur in India?

    Kalpana Saroj is the first woman entrepreneur in India.

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    Top 10 Affordable Smartwatch Brands in India 2024 - Top Picks

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    BY - Saptopriya Ghosal
    Junior Writer / 32 MIN READ

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    Ever imagine why smartwatches are more popular than regular watches? Because they can do so much more than just tell you the time and date. From tracking your steps and distance, counting the calories burned, to watching your heart rate and monitoring your sleep patterns, they are your personal trainers. So are you excited to uncover more features about the top 10 best budget smartwatch brands in India? Let’s find out who’s leading the Indian market size of $33.58 billion and what are your best options.

    10 Best Affordable Smartwatch Brands in India 2024 - Top Picks

    Below are the top 10 affordable smartwatch brands that are leading the Indian market with budget-friendly prices.

    Check More:Top 10 Ladies Watch Brands in India

    1. BoAt

    BoAt is one of the leading earwear audio brands in India, founded by Aman Gupta and Sameer Mehta in 2014, headquartered in Mumbai. BoAt quickly became famous in India's wearable technology market. The boAt also provides a reasonable price range of Rs 800 to Rs 6,000 of smartwatches, so you can be sure that this is one of the most affordable brands showcasing its tech products.

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    The most popular boAt products include functionalities such as bright displays, and also health monitoring services. The Xtend series possesses a 1.69-inch screen with Alexa built-in, interchangeable watch faces, and a SpO2 monitor, which is a very useful and good thing for people who care about their health. At the same time, the brand is tied up with IPL teams for its marketing which is the other part of the reason why its status is the best as a tech company. The name 'boAt' is a very interesting one, and it represents a journey that is not lost in the sea of technology and lifestyle products, which in a way, is the brand's strength of resilience and innovation.

    Best-Selling Models:

    Best Selling Model NamePrice
    BoAt Ultima Connect MaxRs 1,149
    BoAt StormRs 1,099
    BoAt Xtend‌Rs 999

    Check More:Top 10 Affordable Watch Brands in India for Every Style

    2. NOISE

    NOISE started its journey selling smartphone accessories but it’s today renowned for smart wearable and wireless headphones. The name is now a highly recognized technology brand in India. The name NOISE represents the voice inside each of us, the only voice which can push each one of us every day for the daily hustle and win in life. And that NOISE gave the wings to both Gaurav Khatri and Amit Khatri to come into existence in 2014 as the creators of Noise. The brand is based in Gurugram and offers affordable and budget-friendly smartwatches which are loved by people with different interests and are in the price range of Rs 1,000 to 8,000.

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    Among the most popular models that Noise produces are the ColorFit Pro 4. Its ColorFit Pro 4 is the name of a watch that has a 1.72-inch touchscreen, along with 24/7 heart rate tracking and SpO2 measurement, making it an optimum choice for fitness freaks. Noise is among the few who are trying to take technology to the heights of innovation through products like AMOLED screens, Customizable Watch faces, and Seamless smartphone Integration. With a gonoise.com platform dedicated to lifestyle gadgets, Noise frequently introduces creations that are out of the ordinary to the market, thus underlining the company's philosophy.

    Best-Selling Models:

    Best Selling Model NamePrice
    Color Fit Pulse 4 MaxRs 2,499
    Noise Fit Halo PlusRs 2,799
    Color Fit Pro 5Rs 3,599

    3. Titan

    Titan, a trusted brand in the Indian watch industry, was founded by Xerxes Desai in 1984. Headquartered in Bengaluru, Titan is part of the Tata Group and has made a significant impact in the smartwatch segment with a price range of Rs 2,500 to 25,000. Popular models like the Titan Crest and Titan Smart offer a blend of elegance and advanced technology. Titan brings you a lot of smartwatches that can meet different tastes and needs, nowadays. The Titan Smart Watch with a 4.97 cm Super AMOLED display comes with SingleSync Bluetooth, AI assistant, and a durable IP68 rating.

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    Similarly, the Titan Crest features a 3.63 cm AMOLED display with Always-On functionality, a crown that helps in easy navigation, and supports Bluetooth calling Titan Celestor has highly accurate GPS for tracking, an altimeter, and a barometer, is perfect for outdoor enthusiasts for reliability. Associated with brands like Tanishq, Fastrack, and Sonata,

    Best-Selling Models:

    Best Selling Model NamePrice
    Titan Smart Watch with 4.97 CM Super AMOLED DisplayRs 4,995
    Titan CrestRs 5,995
    Titan Celestor Advanced GPS & Barometer 3.6 CM AMOLED DisplayRs 9,995

    4. Timex

    Timex, a watch brand with a rich heritage, was started named Waterbury Clock Company in 1854. It was purchased by Thomas Olsen and renamed to Timex which is based in Middlebury, Connecticut, US. Timex has a stronghold in the Indian market with budget-friendly smartwatches ranging from Rs 1,000 to ₹15,000. The Timex iConnect Active is one of the top models. The iConnect Active comes with a touchscreen display, which is the main feature that sets it apart, and the ability to change the watch faces and the 24/7 monitoring are cool features.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (494)

    The brand Timex has been giving the market the impression of being classic and reliable with a timeless design and great performance, the main features that users see when using them to monitor their health. With brands like Adidas, Guess and Versace under its umbrella, Timex progresses to develop its partner-built reputation of innovation and mass appeal, thus maintaining its name, which merges 'Time' with 'Kleenex.'

    Best-Selling Models:

    Best Selling Model NamePrice
    Timex IConnect Calling+Rs 1,795
    Timex IConnect Calling+ 2.01Rs 1,795
    Timex iConnect Gen+Rs 2,473

    5. Fire-Boltt

    Fire-Boltt is a smartwatch brand which is affordable and stylish at the same time was established by Arnav Kishore and Aayushi Kishore in the year 2015. Headquartered in New Delhi, Fire-Boltt is a brand that provides smartwatches which are priced between Rs 800 to 5,000. The brand offers a 1.39-inch AMOLED display, Bluetooth calling, and also an AI-based voice assistant, although its model is among the top ones appreciated for its full-touch display, SpO2 monitor, and sports modes.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (495)

    Fire-Boltt smartwatches are appreciated for their stylish design, and the cheap price tag of the watches, which also often include IP67 water resistance and multiple sports modes. The company is oriented toward the audio and fitness accessory devices segment and it offers a striking combination of both speed (Bolt) and passion (Fire) as seen in its vibrant product line-up. Bolt is partnered with Amazon, Croma, Reliance Digital, etc for its product sales in addition to their website.

    Best-Selling Models:

    Best Selling Model NamePrice
    Epic PlusRs 899
    Ninja 3 PlusRs 999
    UltimateRs 1,399
    ExpeditionRs 1,899

    6. Hammer

    Hammer, the tech start-up wearable brand that offers smartwatches at a very stylish range of products at a very affordable price, was established by young spiritual leader, Rohit Nandwani, in 2019 and soon drew attention for its chicness and pocket-friendly price tags. Situated in Haryana, Hammer watches have costs ranging from Rs 1,000 to 4,000. Its products include LCD and AMOLED displays, a 1.69-inch display, SpO2, heart rate monitoring, and sports mode options, Pulse ACE comes out on top, whereas the simplicity of Solo catches the consumer's eye along with its health tracking options.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (496)

    This brand is centered on the creation of impressive and long-lasting devices that serve the purpose of fitness tracking and smart notifications. Their collaboration with the company Nykaa allows them to expand their production line.

    Best-Selling Models:

    Best Selling Model NamePrice
    ACE 3Rs 1,099
    PULSE ACERs 1,599
    PULSE 2.0Rs 1,749

    7. Fastrack

    Fastrack, which is a sub-brand of Titan, is a fashion accessory retail brand designed to attract the energetic youthful market. Established in 1998, the company’s headquarters is located in New Delhi, and the first store was opened early in 2009. The company's smartwatches are priced between Rs 1,500 to Rs 7000. Fastrack has released several wristwatches over the years, some of them, for example, Fastrack Reflex Hello and Fastrack Reflex Beat are their popular models.

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    Fastrack's emphasis on the latest style, and durability, and the Reflex mobile app that can provide a thorough classification of physical activities and fitness are among the company's attributes. Jointly with Titan, Sonata, and Tanishq, Fastrack will not lose its shine with the new generation, who are the major clients themselves because the brand name is synonymous with speed and modernity. Fastrack entered the Affordable Smart Segment with the launch of Reflex Beat+ in 2023.

    Best-Selling Models:

    Best Selling Model NamePrice
    Fastrack Reflex Beat PlusRs 1,795
    Fastrack Reflex HelloRs 1,999
    Fastrack Reflex Play PlusRs 4,995

    8. Pebble

    Pebble, a tech company that offers a diverse range of smartwatches is the most funded project of Kickstarter, funded around $10.3 million. Established in the year 2013 by Eric Migicovsky. Pebble has established its presence in the Indian market with smartwatches priced at Rs 1,000-6,000. The most sought-after ones are, however, the Pebble Revolve and Pebble Royal.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (498)

    Pebble smartwatches are widely granted for their sleek design and nifty pricing, allowing basic functions such as IP68 water resistance and various sports modes. The name 'Pebble' stands for simplicity and timelessness, with a focus on the creation of products that combine visual beauty with practical features. Pebble is partnered with Amazon, Myntra, Nykaa and Croma for its sales.

    Best-Selling Models:

    Best Selling Model NamePrice
    Pebble DareRs 1,499
    Pebble RoyalRs 3,999
    Pebble RevolveRs 4,499

    9. Redmi

    Redmi is one of the leaders in the smartwatch market thanks to its affordable and feature-rich products. It is part of the brand Xiaomi which was set up by Lei Jun in 2010. The brand is headquartered in Beijing, China. The Watch 3 Active and Watch 2 Lite models come with a 1.83-inch HD touchscreen display through which you can have a heart rate; it also offers over 110 fitness modes including 10 different water sports and can display information, such as OS.

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    The Redmi smartwatches exclusively draw their success thanks to their mega battery life, state-of-the-art displays, and in-depth health options. Oftentimes these academic activities are at affordable prices. Dedicated to healthier living and healthy physical and mental development, these gadgets are part of the well-being approach that Tech can offer. The Mi. Fit app has been integrated with it to get all-round features and great usability and convenience.

    Best-Selling Models:

    Best Selling Model NamePrice
    Redmi Watch 3 ActiveRs 2,599
    Redmi Watch 2 LiteRs 1,799

    10. Maxima

    Maxima is a well-established name in the Indian watch industry, having expanded into the smartwatch sector with offerings that blend tradition with modern technology. Maxima was launched under P.A. Time Industries, founded in 1962 by Mr. GS Purewal. In India, It is headquartered in Solan, Himachal Pradesh and provides smartwatches in the affordable price range of Rs 1,500 to 5,000. Known for its commitment to quality and affordability, Maxima has a strong market presence with bestselling models like the Maxima Max Pro Hype and the Maxima Max Pro Fire.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (500)

    Maxima's smartwatches have a 1.83'' display with a tap advanced calling function. It uses an advanced JL7012 chipset and is enabled with features like AI voice assistant, inbuilt games, smart notifications and multiple cloud-based watch faces. Some of the models are also water resistant, include additional features like SPO2 and sleep monitoring, and are powered with the GloryFit app for user interaction. Maxima smartwatches are lauded for their user-friendly interface and reliability, appealing to consumers who seek a balance of technology and affordability. Maxima is partnered with Amazon, Ajio and Nykaa.

    Best-Selling Models:

    Best Selling Model NamePrice
    Max Pro GrandRs 1,599
    Max Pro FireRs 1,799
    Max Pro HypeRs 1,999

    Final Thought

    At Indian Retailer, we understand how important it is to know about the brands before purchasing any technical stuff, you need to know everything about the brand and its technology. So for that, we prepare a list of the top 10 affordable smartwatch brands in India to help you make an informed decision.

    FAQs on Affordable Smartwatch Brands in India

    1. What is SpO2 in a smartwatch?

    The term blood oxygen level, represented as Sp02, refers to the amount of oxygen saturation in the blood.

    3. Which shape is better for a smartwatch?

    There are two popular designs of smartwatches: round-faced and square-faced. Round-faced watches sell better than square-faced watches, most probably because of psychological reasons.

    4. What is the life of a smartwatch?

    Most smartwatches can last for 2 to 5 years depending on several factors, including the brand, model, and how often it is used.

    5. Which watch brand is most famous in India?

    Titan, BoAt, Timex, Fasttrack, and Noise are the popular choices in Smartwatches.

    Next Story

    From Metros to Tier I Cities, How Mars Wrigley Plans to Redefine Premium Gifting in India

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (501)

    BY - Nandini Banerjee
    Managing Editor, IndianRetailer.com & Retailer Media / 5 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (503)

    Imagine unwrapping a gift so exquisite that it feels like a treasure trove of delights, each piece as precious as a jewel. Mars Wrigley India has just launched something that promises to redefine the way we think about gifting: GALAXY® Jewels. This isn’t just another box of chocolates — it's an experience, a statement, and a celebration all wrapped into one. From the moment you set eyes on its disruptive packaging to the last bite of its luxurious flavors, the newest entrant in the premier gifting market is designed to captivate and enchant.

    The sleek, jewel-like design isn’t just about aesthetics; Mars Wrigley India has poured its legacy of over 20 years of global success into creating an offering that is as much about the visual and sensory pleasure as it is about taste. The box offers four individually wrapped flavors: Smooth Milk, Crispy, Caramel, and Dark Cream, and is available in two sizes — priced at Rs 299 and Rs 549.

    “At Mars Wrigley, we believe in the power of creating iconic brands that become a part of people’s fondest memories. GALAXY® Jewels embodies this philosophy with its luxurious pralines in delectable flavors and elegant packaging, making it the perfect gift to celebrate special moments. We are focusing on the fast growing premium gifting segment and this will make Galaxy’s play in India more complete,” says Nikhil Rao, Chief Marketing Officer, Mars Wrigley India.

    A Strategic Move

    With its focus on the fast-growing premium gifting segment, Mars Wrigley India is strategically positioning GALAXY® Jewels in the top tier of the market. The company is targeting e-commerce, modern trade, and standalone supermarkets, primarily in metros and Tier I cities. Rao explains, “Our focus right now is on the top end of India. We are going to participate in e-commerce, modern trade, and standalone supermarkets. It will largely be metros and Tier I cities.”

    Quick commerce is an essential part of Mars Wrigley’s strategy. According to Rao, quick commerce has been growing rapidly and significantly contributes to the business. He confirms that the newest launch would be listed on quick commerce platforms, ensuring that consumers can quickly and easily purchase this luxurious treat.

    When it comes to market penetration, Mars Wrigley India is taking a measured approach. “We are largely a premium player compared to the Indian market and we are focused on metros, Tier I and Tier II. We do not go beyond that. We have not entered rural India yet,” Rao shares. The company employs a hub-and-spoke mechanism to reach Tier II towns indirectly, ensuring focused and strategic growth.

    Collaborations and Brand Extensions

    Mars Wrigley India is open to collaborations and brand extensions, although no specific plans are in place yet for GALAXY® Jewels. Rao mentions that while they have done successful collaborations globally, they were still exploring opportunities in India. “We would be keen to partner with the right brand, the right company,” he says.

    Looking ahead to FY25, Mars Wrigley India plans to continue its sequential expansion. “India is such a massive market. The chocolate category reaches out to 50 lakh stores, and today we are present in 5 or 6 lakh stores. It is an inch-by-inch, step-by-step kind of process,” explains Rao. The company’s focus will remain on core brands like Snickers, Galaxy, and Boomer, with innovation contributing to 10 percent of growth.

    In an era where digital and social media marketing are crucial, Mars Wrigley India is tailoring its strategies to engage Gen Z. Rao acknowledges the short attention span of this demographic and emphasizes the importance of digital and social media marketing. “The TV is more geared towards their parents, I guess. And the younger ones,” he concludes.

    Next Story

    Why Haier India's Hybrid Retail Model is the Future of Consumer Electronics

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (504)

    BY - Aritra Ghosh
    Features Writer, IndianRetailer.com & Retailer Media / 7 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (506)

    Haier India is blazing a trail in the consumer appliance market, redefining how traditional brands can evolve into modern, innovative hybrid retailers. NS Satish, President of Haier Appliances India, recently shared insights with IndianRetailer about the company’s transformation and its strategies to meet the dynamic demands of today’s consumers.

    The Indian Consumer Electronics Landscape

    India’s consumer electronics market is on a rapid growth trajectory, driven by rising disposable incomes and technological advancements. In FY24 (April-January), electronics exports reached $22.64 billion, and India aims to achieve $300 billion in electronics manufacturing and $120 billion in exports by FY26. By 2025, India’s Consumer Electronics and Appliances Industry is projected to be the fifth-largest globally. The market, valued at $9.84 billion in 2021, is expected to nearly double to $21.18 billion by 2025.

    NS Satish notes, "The growth in India’s consumer electronics market presents both immense opportunities and intense competition. As a key player, Haier India is committed to leading this evolution through innovation and customer-centric strategies."

    Overcoming Traditional Challenges

    Transitioning from a traditional appliance brand to an omnichannel retailer has been a complex journey. Haier India faced several challenges, particularly in a high-involvement category where repurchase cycles are long. Satish explains, "We are in a high involvement category. The average life of a repurchase has dropped from 10 years to 6 or 7. This means consumers are more engaged and discerning."

    One major shift for Haier was reducing the traditional product introduction cycle. "We moved from a traditional marketing focus to a digital-first strategy. This summer, we were print-free. Not a single newspaper ad was released," says Satish. This bold move reflects Haier's commitment to staying ahead of the curve.

    Innovation at the Core

    Haier’s commitment to innovation is evident in their product designs. For instance, their bottom-mounted refrigerator has been a game-changer. Satish elaborates, "We redesigned our refrigerators with the freezer at the bottom. This user-centric innovation has allowed us to capture 75 percent of the market in this segment."

    Data-Driven Decision Making

    In today’s competitive market, data analytics is crucial. Satish shares, "We combine data analytics with ground reports to make informed decisions. Experience alone is no longer sufficient; the market is evolving too quickly."

    A notable example is Haier’s campaign for refrigerators. "We saw that the highest number of clicks was coming from Bihar. This insight led us to adjust our strategy and implement geo-fencing to better target our audience," Satish explains.

    Understanding Consumer Segmentation

    Haier India has tailored its marketing strategies based on household decision-makers. "In our market, different products are decided by different family members. Understanding these dynamics helps us tailor our strategies effectively," Satish says. This approach allows Haier to connect with various consumer segments more effectively.

    Embracing Omnichannel Strategies

    Haier’s omnichannel approach balances online and offline experiences. Satish emphasizes, "Price parity between offline and online channels is crucial. If there’s a discrepancy, it leads to dissatisfaction. We need to ensure a seamless experience across all touchpoints."

    Dynamic pricing is another challenge. "Consumers are highly sensitive to price differences. They are willing to travel to save even a small amount. We have to manage this sensitivity carefully," Satish explains.

    Adapting to Consumer Behavior Shifts

    The shift towards online shopping for high-value items was surprising for Haier. "When we first ventured into e-commerce, we didn’t anticipate high-value items like side-by-side refrigerators selling online. Today, we sell over 2,000 of these refrigerators online every month. This shift highlights the importance of adapting to consumer preferences," Satish reveals.

    Advice for Omnichannel Success

    For brands aiming to thrive in an omnichannel environment, Satish offers valuable advice, "Understand the changing decision-making processes of consumers. They expect everything to happen instantly and online. Maintaining price parity and providing a seamless pre-sale and post-sale experience are crucial."

    Under the leadership of NS Satish, Haier has not only adapted to market changes but has actively driven them. As Haier continues to grow, its commitment to digital transformation and customer-centric strategies will remain central to its success in the competitive Indian market.

    Next Story

    Explore the Top 10 Men's Formal Wear Brands in India

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    BY - Ria Duneja
    MT Editorial / 19 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (509)

    Want to know about the top 10 formal men's wear brands in India? The formal men's wear industry has taken a steep curve over a period of time in the Indian fashion market. Formal attire serves as the perfect option in case of a professional occasion, a wedding, or a casual meet as well, making you stand outside the crowd. There has been an evolution of formal men's wear from designing to using technology in the fabrics. To answer the question, here are the top 10 formal men's wear brands in India.

    Top 10 Men'sFormal Wear Brands in India

    Here are the top 10 formal men's wear brands that every retailer should consider stocking:

    1. Raymond

    Raymond Ltd was established in 1925 in Thane, Maharashtra as a woollen mill. Raymond Group has over 60 percent market share in the fabric industry in India. It was founded by Albert Raymond and Abraha[node:title] - Indian Retailerm Jacob Raymond and later passed on to Lala Kailashpat Singhania in 1944. Today Gautam Singhania is the Chairman and the Managing Director of Raymond Ltd.

    Aparshakti Khurrana and Aakriti Ahuja are the brand ambassadors of the apparel brand. Presenting a huge catalogue of formal men's wear in India. Raymond has various associated brands- Raymond Fine Fabrics, Raymond Ready to Wear, Park Avenue, Parx and Colorplus serving all types of styling in formal men's wear. It has a presence in over 1000 outposts within 600 towns and cities in India.

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    1. Rare Rabbit

    Rare Rabbit, owned by Manish Poddar, saw a gap in the Indian apparel market for men's fashion. Hence, he started a flagship store of Rare Rabbit in Bengaluru along with an e-commerce website in 2015. The parent company of Rare Rabbit is Radhamani Textiles, owned by the Poddar family.

    It has over 135 physical stores in India across Tier II and II cities. The House of Rare Rabbit has an associated premium women's wear brand named Rareism and another brand named Articale. It has an omnichannel presence as well.

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    1. Marks & Spencer

    Marks & Spencer is a British retail company formed in 1884, earlier called as Marks and Sparks. It was founded in London by Michael Marks and Thomas Spencer. It deals in the retailing industry with 434 stores globally (Source: Wikipedia). Along with an e-commerce platform, it has its own 39 websites worldwide.

    This public listed company has collaborated with reality stars- Mark Wright and Spencer Mathews. The partnership launched its A-list star Sienna Millers clothing range. Marks & Spencer has also shaken hands with Vick Hope, an influencer on social media platforms, to reach its customers.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (512)
    1. Van Heusen

    Van Heusen is a premium formal men's wear brand known for fashion for professionals. It was developed by Moses Philip and his son Isaac. Founded in 1881 in Pennsylvania, it is a premium formal men's wear brand in India. Father and son duo sold hand-sewn shirts to coal miners, made by Phillip’s wife Endel. Time passed and the company expanded its operation to New York City. In New York, the encounter happened between Van Heusen and Phillip and an alliance was formed named Phillip Van Heusen.

    It has more than 300 stores. These standalone outlets are present across 70 counties and 5 continents, providing billions to its retail sales. Van Heusen has been working on sustainability measures in collaboration with various brands like Forest Stewardship, SmartWay, Textile Exchange and more. It entered the Indian market in 1990 when Aditya Birla Group gained a license of operation for the company. India has 97 retail stores along with an e-commerce presence of Van Heusen.

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    1. Louis Philippe

    Louis Philippe is a leading brand in the formal wear segment for men in India. Founded in 1989, named after the king of France, is a part of Aditya Birla Group, a multi-industry corporation. It is a subsidiary of Madura Fashion and Lifestyle that is a benchmark for premium formal men's wear.

    It has 300 plus stores across 100 cities in India. Along with that, it has its e-commerce website globally and flagship stores, exclusive brand outlets, Planet Fashion, trouser town, departmental stores and multi-brand outlets.

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    1. Peter England

    Peter England, a top-rated formal men's wear brand in India, started its journey in 1889 in Ireland. It provided attires in the Boer War, later owned by Coats Viyella, a British company. Its presence in the Indian market was obtained by Madura Fashion and Lifestyle, a subsidiary of the Aditya Birla Group in 2000. Now Peter England is in an alliance between Aditya Birla Group and M2C2 group.

    Peter England is present in more than 1000 exclusive stores, and 3500 multi-brand outlets within 800 towns in India. It is operated from an e-commerce platform as well. ABFRL has a portfolio of leading clothing brands in India- Peter England, Allen Solly, Louis Philippe and more.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (515)
    1. Park Avenue

    Park Avenue is owned by Raymond Group in India. It is known as the exclusive formal men's wear brand in India. This fashion brand was born in 1986, creating a space in men's wardrobes. It is a premium apparel brand with a presence all across India. Park Avenue is available in 8 cities with 12 exclusive stores in India. It is expanded through multi-brand outlets and under Raymond which has chains of flagship stores across 150 cities in the country. The clothing brand had collaborated with actor Siddhant Chaturvedi for Park Avenues Deo for men.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (516)
    1. Allen Solly

    Allen Solly was founded by William Holin and Company Limited, and made an entrance into the Indian market in 1993. Today, the formal men's wear brand is a division of Aditya Birla Group. The brand is present in 200 outlets in India, including retail stores in malls. It also has brick-and-mortar stores, EBOs (Exclusive brand outlets) and an e-commerce presence. Indrani Dasgupta has collaborated with Allen Solly as the brand ambassador. Sooraj Bhat is the CEO of the company and serves in the retail segment for Allen Solly.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (517)
    1. United Colors of Benetton

    United Colors of Benetton was launched in 1965. The journey of the formal men's wear brand started in Ponzano Veneto, Italy. It is solely owned by the Benetton Group which has about 5000 stores globally. It has an afflicted brand called as Sisley that is making apparel in urban lifestyle.

    The brand made an entrance into the Indian market in 2011, with a 20-year expansion plan in mind. It had 400 stores in 100 cities in the country in the early stages. The fashion retail brand has 6,000 stores in 120 countries globally.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (518)
    1. Jack and Jones

    Jack and Jones is a brand founded in Denmark in 1990. It started with just jeanswear in the initial stage of its retailing parented by the Bestseller Foundation. Today, it is the best-selling formal men's wear brand in India owned by Anders Holch Povlsen. It has 1000 stores in 38 countries worldwide. Jack and Jones have five associated brands - Jack and Jones Vintage Clothing, Premium by Jack and Jones, Originals by Jack and Jones and Core by Jack and Jones. It is operated in India through 69 EBOs and 221 shop-in-shop stores. Actor Ranveer Singh has joined forces with Jack and Jones to unveil different collections.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (519)

    Final Outlook

    In the eyes of Indian Retailers, these brands top the list of best formal men's wear brands in India. Each brand has something exclusive to look out for. These top 10 formal men's wear brands cater to all the needs of their audience by using technology and sustainability methods in their apparel business. Formal wear is a fit suitable for any occasion and these brands are there to give options to a wide range of customers.

    FAQs

    What are the 3 best formal men's wear brands in India?

    The 3 best formal men's wear brands are Raymond, Rare Rabbit and Marks and Spencer.

    Which brand offers customisation in the list?

    Raymond and Louis Philippe are the brands offering customisation for formal men's wear.

    Is formal wear suitable for casual events?

    Yes, formal menswear enhances the appearance of casual or formal events.

    Which Indian brand is known for having colors in its stores?

    United Colors of Benetton is known for having creative and attractive visual merchandising.

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    Next Story

    Union Budget 2024: The Impact on the Jewelry Market

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (520)

    BY - Suryati Saxena
    Web Content Writer, IndianRetailer.com & License India / 9 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (522)

    Union Finance Minister Nirmala Sitharaman has recently represented the first budget of PM Modi government’s third term in parliament. A range of economic measures and policy changes were also introduced aiming at stimulating growth and addressing various sectoral challenges. Sitharaman highlighted Modi 3.0’s roadmap aiming to transform India into ‘Viksit Bharat’ by 2047.

    In the budget session, the Finance Minister reduced custom duties on gold and silver jewelry to 6 percent, and platinum to 6.4 percent. The following move will lead to increasing demands. The jewelry market which is a significant segment of India’s retail industry is poised to experience notable shifts due to the new budgetary provisions. The decision to reduce the basic customs duty on the jewelry market has always been a long pending demand in the jewels and gems industry.

    "The decision to reduce customs duty on gold and silver to 6 percent, and on platinum to 6.4 percent, is a welcome move that will have a positive impact on the precious metals market. This reduction will make gold, silver, and platinum more accessible to consumers and investors, stimulating demand and enhancing market liquidity. We believe this policy change will encourage the growth of the jewelry and bullion industry, fostering economic development and creating new opportunities. This budget reflects a strategic approach to strengthening the sector and supporting its long-term sustainability,” stated Aksha Kamboj, Executive Chairperson, Aspect Global Ventures and VP, India Bullion Jewellers Association (IBJA).

    According to the experts, this reduction in the customs duty on the jewelry will lower the prices of gold, silver, and platinum jewelry. The support initiated for Micro, Medium, and Small Enterprises (MSMEs) will also aid many of the nation’s jewelers. Also, in the long run, this could potentially widen the trade deficit and there are chances that it further weaken the rupees.

    MP Ahammed, Chairman, Malabar Group commented,The reduction in import duty on gold has been a long-standing demand for gold retailers, and we are extremely grateful to the Union Finance Minister for addressing this issue in today’s Union Budget by reducing the duty from 15 percent (including cess) to 6 percent. This move not only relieves consumers who have eagerly awaited this announcement but is also expected to boost gold demand in the country and create jobs for artisans. High import duty often leads to increased smuggling of gold through illegal routes, which hampers the growth of the organized retail gold trade and results in revenue losses for the government. It is expected that the duty reduction will drastically cut down gold smuggling, thereby curbing illegal trade and enhancing tax revenues. This reduction benefits organized retail jewelers, consumers, and the government, making it a positive development for all parties involved.

    Vidita Kochar, Co-Founder, Jewelbox also stated, “The recent reduction of customs duty on gold to 6 percent marks a significant advancement for the jewelry industry, enhancing its competitiveness and making it more accessible to consumers. This move aligns seamlessly with our commitment to providing high-quality, affordable lab diamond jewelry to our customers. Additionally, the abolition of the angel tax is a laudable initiative that will invigorate India’s startup ecosystem. This change is poised to spur innovation, attract global investors, and provide a substantial boost to startups. We are confident that these measures will significantly contribute to the growth and dynamism of both the jewelry sector and the broader startup community in India.”

    The increasing demand for gold from India could boost global prices, which is estimated to reach a record high earlier this year. This could also possibly result in growth in India's trade deficit and will put additional pressure on the struggling rupee. The Finance Minister also announced the reduction in the cost of production of other metals like steel and copper.

    concerning the near future, the provisions introduced in the budget are expected to contribute to the overall development of the jewelry industry. Also, the focus on supporting SMEs and artisans is also expected to strengthen the sector's foundation and will promote a more inclusive market ecosystem.This will benefit local jewelers and artisans and will enable them to scale their operations and adopt modern practices while preserving traditional craftsmanship.

    Ramesh Kalyanaraman, Executive Director, Kalyan Jewellers said, “We welcome the 2024 Budget's progressive measures to reduce customs duties on gold, silver, and platinum. These changes, coupled with the government's commitment to enhancing domestic value addition and craftsmanship, are poised to significantly benefit the jewelry industry, further contributing to the sector’s growth. The new tax regime, with its focus on increased disposable income, will boost demand for jewelry as consumers will invest in asset creation. Kalyan Jewellers looks forward to leveraging these positive changes to further enhance the quality and global competitiveness of the organized Indian jewelry sector, contributing to the industry's growth and India's continued economic prosperity."

    Vipul Shah, Chairman, GJEPC also expressed, “The Union Budget 2024 is a game-changer for the gems and jewellery sector. The reduction in import duties on gold and silver to 6% and platinum to 6.4 percent is a major boost for our industry, enhancing affordability for consumers and competitiveness for the manufacturing sector by releasing working capital. The abolition of the 2 percent Equalization Levy and introduction of the Safe Harbour Rule on the sale of rough diamonds at SNZs will firmly establish India as a global rough diamond trading hub. These combined measures will propel the sector’s growth, and generate lakhs of employment opportunities by benefitting the small-scale jewellery manufacturers & exporters and diamond cutters and polishers, thus contributing significantly to India’s vision of becoming a Viksit Bharat by 2047.”

    The Union Budget 2024 represented by Sitharaman will have a mixed but largely favorable impact on the Indian jewelry market. The planned reductions in customs duties will set a positive trajectory for the industry's growth. However, the market will need to navigate potential challenges and leverage the opportunities presented by these changes to achieve sustainable and long-term success. Overall, the trends in both gold and silver markets highlight a resilient landscape, offering strategic opportunities for informed investors.

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    Why India's Budget 2024 Is a Win for Mobile Manufacturers and Consumers

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    BY - Saptopriya Ghosal
    Junior Writer / 10 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (525)

    The Union Budget 2024 announced by India’s Finance Minister Nirmala Sitharaman has introduced a series of measures poised to energize the mobile industry. By slashing the basic customs duty on critical mobile components, the budget not only supports local manufacturing but also aims to make cutting-edge technology more accessible to consumers across the country.

    ‘Viksit Bharat’ is a forward-thinking approach to job creation, skill enhancement, and MSME support. Sitharaman also mentioned that duties on ‘oxygen-free copper for manufacture of resistors’, hitherto set at 5 percent, would be eliminated.

    The "Make in India" campaign, which aims to stimulate local manufacturing and cut production costs for original equipment manufacturers (OEMs), is expected to benefit greatly from Sitharaman's declaration. This decrease in import taxes follows comparable tax breaks on essential parts like lithium-ion batteries and camera lenses from the previous year, which similarly sought to increase domestic manufacture of electric cars and cellphones.

    Custom Duty Reduction

    In a bid to foster a more robust domestic mobile industry, the Union Budget has announced a significant reduction in customs duties. The budget reduces customs duties on essential mobile phone components, including camera lenses, display assemblies, and battery packs, from 20 percent to 15 percent. This initiative is to take place to promote Indian smartphone brands in the competitive market.

    The reduction in import taxes follows last year’s similar tax breaks on lithium-ion batteries and camera lenses, which were aimed at promoting the domestic manufacture of electric cars and smartphones. Sitharaman's current initiative continues this trend, emphasizing the government's commitment to supporting the ‘Make in India’ campaign.

    Impact on Industry

    The production cost of mobile phone manufacturers like Samsung, Xiaomi, and Apple, is expected to lower in manufacturing operations who are trying to expand in India for the reduction in the customs duty. This step will directly impact the retail prices of making smartphones and other accessories super affordable. The leading industry welcomes these changes in the hope of change, that global brands will increase their investment in India and the local supply chain.

    Amit Khatri, Co-Founder, of Noisesaid, “youth and participation of women in the workforce hold the key to India’s success. To this end, the focus on extensive training and skill development initiatives demonstrates a clear commitment to boosting employability and productivity. By linking job creation in manufacturing to first-time workers and offering EPFO incentives, the government is paving the way for a robust manufacturing ecosystem, creating 4 crore jobs over the next five years.”

    “It is certainly a commendable initiative to boost local manufacturing. India has long been an attractive consumer market for international brands, supported by our collaborative and business-friendly policies that enable seamless operations. The export hubs are an efficient step in unlocking similar avenues for homegrown companies, allowing a global stage for their innovation and entrepreneurial mindset, and strengthening India’s position in manufacturing,” added Khatri.

    Sustainable Growth and Innovation

    The budget emphasizes enhancing India’s technological capabilities, aiming to transform the country into a global hub for electronics manufacturing. By reducing the cost of key components, the government seeks to support innovation and sustainability in the mobile phone sector. The approach is expected to foster increased research and development in India, potentially leading to new advancements in mobile technology and a stronger presence in the global market.

    On a similar note, Avneet Singh Marwah, CEO of SPPL, added, “The budget allocates Rs 3,000 crore for the development of semiconductor and display manufacturing, more than doubling the previous allocation. Additionally, the allocation of 3 crore more houses under the PM Aawas Yojana is expected to boost demand for entry-level large consumer durables. The government also promotes ease of doing business in the manufacturing sector. New and additional employment incentives across sectors will encourage workforce growth and bolster the Make in India initiative, complementing existing PLI schemes. Despite these progressive steps, the industry anticipated more aggressive measures to increase disposable income to further stimulate consumer spending.”

    However, the production Linked Incentive (PLI) seems limited focus, and can create gaps in its effectiveness. A substantial Rs 2 lakh crore is allocated for skilling programs to equip the workforce with essential skills for a competitive global market.

    Charger Costs to Also See a Dip

    According to Sitharaman's statement, mobile phone chargers are expected to become cheaper with the reduction of customs duties. This move is expected to drive the overall cost of mobile phones in India. This decision aligns with the government's broader goal of increasing the affordability and accessibility of digital technology, thereby empowering more citizens to participate in the digital economy.

    Pawan Kumar, CEO, of Elistasaid, "We commend the government's proactive measures in the Union Budget 2024, particularly the introduction of the credit guarantee schemes for MSMEs in manufacturing. This initiative, facilitating term loans for the purchase of machinery and equipment without the need for collateral, is a significant step forward in the manufacturing sector. The guarantee fund providing guarantees of up to Rs 100 crore will undoubtedly bolster the manufacturing industry, fostering growth and innovation. The decision will help reduce production costs, making high-quality consumer electronics more affordable and accessible to the Indian market."

    Elista sees these changes as opportunities to leverage growth and meet the evolving demands of consumers. This step will help the manufacturer to implement great technology in their electronic sector to enhance the production capabilities and product quality, which will benefit the consumer getting the advanced machines from the domestic manufacturer.

    Kumar further added, “Thegovernment's focus on youth development, with five dedicated schemes and a central outlay of Rs 2 lakh crore over the next five years, is also highly praiseworthy. Investing in the skills and potential of 4.1 crore youth will drive our nation’s future economic growth and stability. We look forward to leveraging these initiatives to further enhance our operations, contribute to the local economy, and support the broader national objectives.”

    With the approach of ‘Viksit Bharat’, India is strengthening its position in the global tech manufacturing sector, and the government's commitment towards technological growth and economic development.

    Next Story

    Top Highlights for the Retail & E-commerce Sectors from the Union Budget 2024-25

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (526)

    BY - Vaishnavi Gupta
    Assistant Editor, IndianRetailer.com & Retailer Media / 14 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (528)

    Finance Minister Nirmala Sitharaman presented the Union Budget for 2024-25 in Parliament today, marking the first budget of Prime Minister Narendra Modi's third term. This budget unveiled significant advancements for the retail, start-up, and e-commerce sectors. Here are the top highlights for the retail and e-commerce sectors from the Union Budget 2024-25.

    1. Custom Duty Reduction on Gold & Silver to 6 pc and Platinum to 6.4 pc

    Finance Minister Nirmala Sitharaman announced a cut in customs duty on gold and silver to 6 percent. Additionally, the finance minister further informed the customs duty slash on platinum to 6.4 percent.

    Welcoming this announcement, Amit Pratihari, MD, De BeersForevermark said, “The Gems and Jewelry sector has made significant contributions to India’s GDP, and we appreciate the announcements made in the Union Budget for this sector. The proposed reduction in customs duties to 6 percent on gold and silver, and 6.5 percent on platinum, will enhance sales by making these precious metals more affordable. The implementation of safe harbor rates for the diamond-cutting industry, for foreign mining companies selling rough diamonds in India, will stimulate growth, boost consumer spending, and increase global competitiveness.”

    Vidita Kochar, Co-Founder at Jewelbox added,“The recent reduction of customs duty on gold to 6 percent marks a significant advancement for thejewelryindustry, enhancing its competitiveness and making it more accessible to consumers. This move aligns seamlessly with our commitment to providing high-quality, affordable lab diamondjewelryto our customers.”

    “This reduction is a significant move that will not only make these precious metals more affordable for consumers but also provide a great boost to the jewelry industry. Lower customs duties mean reduced costs for raw materials, enabling jewelers to offer more competitive prices and innovative designs to our customers,”stated Piyush Gupta, Director at PP Jewellers by Pawan Gupta.

    Ramesh Kalyanaraman, Executive Director, Kalyan Jewellers added, "We welcome the 2024 Budget's progressive measures to reduce customs duties on gold, silver, and platinum. These changes, coupled with the government's commitment to enhancing domestic value addition and craftsmanship, are poised to significantly benefit the jewelry industry, further contributing to the sector’s growth.

    2. BCD Rates on Mobile Phones, Mobile PCBA, and Charger Reduced to 15 pc from 20 pc

    Nirmala Sitharaman proposed to reduce the basic customs duty (BCD) rates on imported mobile phones, mobile printed circuit board assembly (PCBA), and mobile chargers to 15 percent from 20 percent. Presenting thebudgetin the Lok Sabha, Sitharaman said, “With a three-fold increase in domestic production and almost 100-fold jump in exports of mobile phones over the last six years, the Indian mobile phone industry has matured.”

    ND Mali, Founder, KDMstated, “The budget will steer India towards a Viksit Bharat by 2047 through a slew of measures that boost consumption. Tax reduction of up to 15 percent onmobilephones,mobilePCBs, and chargers is expected to boost domestic manufacturing and benefit customers.”

    3. Introduction of E-commerce Hubs under the PPP model

    India is set to establish dedicatede-commerce export hubsto boost online trade. The government aims to create a streamlined regulatory and logistics environment to support the growing e-commerce sector. These hubs are expected to offer a range of services, including export clearances, warehousing, customs clearance, returns processing, and product handling.

    Amit Khatri, Co-Founder, Noise said, “The establishment ofe-commerceexporthubsin a PPP model is another significant step taken by the government and will significantly empower MSMEs and traditional artisans to compete internationally. It will open opportunities for Indian players to boost their reach globally while enhancing the ease of doing business and accessing new markets.”

    Anand Ramanathan, Partner and Consumer Products and Retail sector Leader, Deloitte India asserted, “Focus one-commercehubsthrough PPP mode is a creative intervention to help MSMEs in this sector derive benefits of a cluster approach such as access to cheaper finance and export markets. The approach will also help organize supply in sectors such as footwear, apparel, jewelry, and other categories where there is heavy dependence on skilled artisans and weavers.”

    Nitya Sharma, Founder and CEO, Simplnoted, “The proposed development ofe-commerceexport and industrialhubswill enable our sellers to cater to a global market while support to MSMEs and promoting entrepreneurship through policy interventions will further propel opportunities for sellers including Direct-to-Consumer brands.”

    4. Boost to Consumer Durable Products

    The Centre’s focus onpumping in higher allocations for rural development, agriculture, and allied services and schemes for employment and skilling of youthis expected to boost both rural and urban consumption of consumer products. At the same time, the construction of an additional one crore homes under PMAY Urban 2.0 with an outlay of Rs 10 lakh crore will also boost the purchase of consumer durable products.

    5. Abolition of Angel tax

    Sitharaman also proposed to abolish the Angel Tax. She said the Indianstartup ecosystemis buzzing with innovation and ambition, but Angel Tax often sparks debate. “To bolster the Indian start-up eco-system, boost the entrepreneurial spirit, and support innovation, I propose to abolish the so-calledangel taxfor all classes of investors,” the finance minister said.

    M Ramakrishnan, Managing Director at Primus Partners noted, “It is such a relief thatAngelTaxis finally scrapped. This has been a much-sought-demand from the start-up ecosystem - both Founders and the Investors.”

    Amit Khatri, Co-Founder, Noise explained, “I feel the abolition of theangeltaxwill undoubtedly boost funding in the startup ecosystem, fueling innovation and growth. This move, along with incentives for job creation in the manufacturing sector and support for MSMEs, will not only stimulate valuable employment opportunities for millions of young people but also ensure economic resilience, laying a strong foundation for a powerful growth trajectory for India.”

    Gaurav Manchanda, theFounder & MD, The Organic World highlighted, “As an entrepreneur, I am also extremely pleased with the abolition of theangeltaxfor startups. It will not only encourage resilience in entrepreneurship but also strengthen the startup ecosystem, fostering innovation across India.”

    Kunal Bahl, Chairman, CII National Start-up Council and Co-Founder, Titan Capital&Snapdeal added, “Budget 2024 brings cheer to India’s fast-growing start-up ecosystem. The abolition ofangeltaxremoves friction and ambiguity in the fundraising process by start-ups. Reducing TDS to 0.1 percent for e-commerce operators will free up working capital.”

    6. Reduction in Tax Rates for Foreign Companies Operating in India from 40 pc to 35 pc

    She unveiled a proposal to reduce the corporate tax rate on foreign companies from the current 40 percent to 35 percent, aiming to boost foreign investment. This strategic decision is expected to enhance the attractiveness of the country as a global investment destination and stimulate economic growth.

    Manoj Purohit, Partner & Leader, Financial ServicesTax,Tax& Regulatory Services, BDO India said, “The FM has proposed areductionintaxratesforforeigncompaniesoperating in India from 40 percent to 35 percent. This has been a much-awaited change for reinsurancecompaniesoperating through a branch office in India since 2017. The proposed change may not provide a level-playing field to the reinsurance branches with the domestic insurancecompanies(which continue to be taxed at a much lower rate) but will surely pave the path towards rationalizing thetaxratesforforeigncompaniesoperating in India.”

    7. TDS Rate on E-Commerce Exporters to be Reduced to 0.1 pc from 1 pc

    Finance Minister Nirmala Sitharamanhas proposed to reduce the TDS rate on e-commerce operators from the existing 1 percent to 0.1 percent.

    “The reduction of TDS from 1 percent to 0.1 percent for e-commerce operators will substantially support the industry's expansion. These new measures will not only strengthen the valued investment of Indian households in diamonds but also add to their emotional significance,”said Amit Pratihari, MD, De BeersForevermark.

    Dr. Somdutta Singh, First-Generation Serial Entrepreneur, Founder & CEO Assiduus, Investor & Ex-Member Niti Aayog explained, “The reduction in TDS from 1 percent to 0.1 percent for e-commerce operators, is a significant relief for sellers. This change will enhance their working capital flow, allowing them to reinvest in their businesses more swiftly. By reducing the tax burden, sellers can maintain better liquidity and manage their cash flows more effectively. This move will particularly benefit SMEs that rely heavily on timely access to funds for day-to-day operations.”

    8. Boost to Leather and Textile Industries

    Giving an export fillip to the leather and textile sectors, the budget proposed to reduce BCDon real down filling material from duck or goose and added to the list of exempted goods for manufacturing leather and textile garments, footwear, and other leather articles for export.

    “To rectify inversion in duty, I propose to reduce BCD, subject to conditions, on methylene diphenyl diisocyanate (MDI) for the manufacture of spandex yarn from 7.5 percent to 5 percent,” the FM said.

    Next Story

    10 Best Formal Shoe Brands for Men in India 2024

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (529)

    BY - Saptopriya Ghosal
    Junior Writer / 24 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (531)

    Did you know the fact that Oxford shoes are the standard style of shoe to wear with any suit, which are mostly made of leather and sometimes the entire shoe is made of leather including the outers, lining and sole but for more durability at the expense of elegance, many shoes are made with rubber soles. But now people are not buying shoes for fashion but they want comfort as well. And obviously, comfort brings confidence, right?

    In everyday life, many working professionals wear formal shoes and for them, it is important to stay comfortable for long working days. So let’s find out the top formal shoe brands for men which will help you to stay comfortable all day long and also find out why they are the top choice in the Indian market value of $26.06 billion.

    Top 10 Formal Shoe Brands in India

    Here are the top 10 formal shoe brands for men in India to stay comfortable and stylish all day long. Let’s find your style now. Happy Reading!

    1. Clarks

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (532)

    Clarks is a footwear giant that was started in 1825 by Cyrus Clark and James Clark in the village of Street, Somerset. The shoes of this brand are popular among the best formal shoe brands all over the world with a market evaluation of about $254.39 million. The majority of the stakes of the brand are currently owned by Viva Goods, Hong Kong. Clark is a company that is famous for its formal shoes and its commitment to comfort, innovation, and heritage, it also excels in the sphere of sophisticated marketing strategy which includes hefty discounts on their official website.

    In addition to formal shoes, the product lineup covers models like the Clarks Desert Boot and Clarks Wallabee and is priced between Rs 2000 and Rs 20,000. Their stores are located in 65 countries across the globe in over 1,400 stores. Since 2010, the company has begun to trade in India where it now has 25 standalone stores. They are supplied with more than 22000 Clark’s styles and shoes that sparked a revolution, defined a generation and captured the evolution. They are the companies that work with such brands as Clarks Originals and Clarks Cloud steppers.

    Related Article: Top 10 Shoe Brands in India: 2024's Top Picks

    2. ALDO

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    ALDO is a footwear brand also famous for men's formal shoes was established in 1972 in Montreal by the Aldo Group. The brand was launched and associated with the fashion company Le Château. The multinational brand has 3000 stores across 100 countries worldwide. ALDO has a revenue of $1.69 million and has divisions in ALDO, Call it Spring and GLOBO.

    ALDO wants to use powerful keywords to target the right public and they have built a good reputation concerning users of the website which is one of the main features of their marketing. The company is associated with JCPenney and Kohl to spread its exclusive footwear and other products like handbags and accessories.

    Check More: How Footwear Brand Cheré is Planning to Double its Reach by Year-End

    3. Bruno Magli

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    Bruno Magli is one of the most respected names in the luxury footwear market and is best for men's formal shoes was established by the Magli siblings in 1936. Its headquarters are based in Bologna, Italy, where the shoes of Bruno Magli are esteemed for using the best quality leather and making them from the hand of the master craftsmen. Their products cover formal and casual shoes, which are known for their timeless and sophisticated designs.

    The main motto of their marketing plan is to heavily rely on such assets as Italian heritage and elegance, using the high-end fashion magazine, and the digital campaign. The brand's commitment to both the quality and style of Bruno Magli Moccasins and Monk Straps has made them the most popular among users. The brand was acquired in 2015 by Marquee Brands, a holding company that owns several brands in fashion and home cooking.

    4. Carlton London

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (535)

    Carlton London is a fashion brand known for its footwear, was established in 1992 in the East end of London. The brand is popular in the Indian market for the best formal shoe brands for men in India by launching products of British sophistication with a price range between Rs 2,500 and Rs 10,000. They develop products with a distinct line of fashion-forward styles, keeping the focus on quality and comfort. Among the brand’s promotional techniques are more expensive fashion events and social media campaigns that target young urban professionals. Its headquarters in London, UK, are inclusive of the first stuff that is noticeable yet it is also prominent in the largest Indian retail stores.

    As far as the Indian consumer is concerned Carlton London provides the rare combination of being trendy at the same time it is conscious of their longing for fashion. In addition to both men’s and women’s footwear, Carlton is also famous for its handbags and accessories.

    5. Pedro (Charles & Keith)

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    Pedro is part of the Charles & Keith Group which was founded by Charles Wong and Keith Wong in the year of 1996, Under which they launched their male segment on Pedro which was founded in the year 2005 and headquartered in Singapore. The brand is best known for its fashionable men's formal footwear which is priced between Rs 3,000 and Rs 15,000 and they are the fastest in the latest fashion and digital marketing. Charles & Keith has over 700 and for its brand Pedro which has the male collection they have 107 stores worldwide across 37 countries that can suggest what will be the next popular styles and the most accessible luxury. The brand is associated with L Capital Asia LLC, a private equity firm. Charles & Keith has partnered with international organizations such as UN Women, Dress for Success, The Asia Foundation, Save the Children, UNICEF, Red Cross, WWF, and Plastic Bank.

    6. Dune

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (537)

    Dune, a british shoe manufacturer who dreams of creating affordable luxury is famous for men's formal shoes for their stylish look and comfort was founded by Daniel Rubin in 1992, and is a dazzling shoemaker who started with a small concession store in Oxford Street, London, UK. The first standalone store was launched in 1993. The company makes luxury and middle-market shoes at a price that ranges from Rs 4000 to Rs 20000 and sells them in 350 stores worldwide. The company claims that a pair of shoes undergoes more than 120 processes which make them out-of-the-box.

    Dune uses its retail network and online communications to reach its high-end and fashion-savvy customers. The name Dune embodies the purity and aesthetics of the sand dunes, as well as the perfect nature of their star models, like Dune London Sandals. Dune has won the Drapers Multiple Footwear Retailer for five years and has collaborations with fashion designers Rupert Sanderson and Kit Neale.

    7. Rosso Brunello

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    Rosso Brunello is a chic footwear brand considered the best formal shoe brand for men in India was founded by Sahil Malik in 2010 (in association with Da Milano) is provides shoes under Rs 3,000 to Rs 12,000. The brand is known for its stylish and fashion-forward styles for both men and women. Despite the scarcity of authentic documentation about the initial stages of the brand, the association between the brand and the wine Brunello communicates Italian charm and elegance.

    Rosso Brunello, which is favored for its mastery of art and a limited edition, is a premium retail outlet that combines them. The evergreen models such as the Rosso Brunello Leather Boots show the brand’s perfect way of balancing elegance and comfort, so it’s the must-have item for those who love to wear spirited footwear that is very elegant. The brand has grown to 23 Exclusive stores and 52 points of sale in India, the Middle East and Asia.

    8. Red Tape

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    Red Tape is a well-known Indian footwear brand which is famous for its formal shoes for men was established in 1996 by Mirza International, Red Tape offers a wide range of casual, formal, and sports shoes priced between Rs 2,000 and Rs 10,000. The brand’s marketing strategy includes celebrity endorsem*nts and focuses on affordability and quality.

    Red Tape’s name represents a mark of distinction, and its high-quality leather shoes are known for durability and comfort. With over 390 opulent stores in India and presented in 17 countries associated with brands like Bond Street and MODE, Red Tape has become a trusted name in the Indian footwear industry.

    9. Lee Cooper

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (540)

    Lee Cooper is one of the most iconic footwear brands of the fashion group named Iconix Brand Group which was founded by Morris Cooper back in 1908 The brand is known for best formal shoe brand for men. It is headquartered in Shoreditch, East End London, UK. Originally, a developer of denim, Lee Cooper's shoes that are sold in casual and formal manner feature both toughness and elegance (ruggedness with style), the price range of which is Rs 2,000-Rs 8,000. The brand's promotion is mainly based on its tradition and the importance of the product's quality and durability. Operating from London, UK, and distributing in a good number of retail stores, Lee Cooper's iconic goods like Lee Cooper Boots are another example of the brand's ability to combine fashion and ease. The brand, through its nomenclature, has managed to remain authentic and innovative in its craft, thus carrying a mark of trust for the endowments and the company's culture.

    10. Hush Puppies

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (541)

    Hush Puppies is a footwear brand which is known for best men's formal shoe brand that was established in 1958 by Wolverine Worldwide. The brand is headquartered in Rockford, Michigan. Hush Puppies has, over the years, blended comfort with casual style, marketing their tees and leisure wear in a way that is lively, revels in their nostalgic style, and sets them apart from others. As the first brand of Wolverine Worldwide, it designs so much that it offers all types of formal and casual shoes priced from Rs 3,000 to Rs 15,000.

    Hush Puppies is a comfort footwear enterprise famous for its products Bounce and ZeroG product lines assemble them through multi-brand channels and other retail companies. Hush Puppies is recognized globally by its logo of a dog and has become a solution for sore feet, aka, ‘barking dogs’.

    Final word

    At Indian Retailer, we bring to you the top world-renowned brands that are widely available in India to cater to the need for men’s formal shoes. Here we give you a complete guide of the top 10 formal shoe brands for men in India to understand and carry your fashion and comfort at the same time. In this article, you find out about this brand's history, its story and its retail price in India to make an informed decision.

    FAQs on Top Formal Shoe Brands in India

    1. Which type of shoes are best for formal wear?

    Classic Oxfords are always recommended for such ensembles for a sleek & formal appeal.

    2. What are the formal shoe options for men?

    Men's formal shoes are no longer just plain patent leather. Today, loafers, boots, and oxfords can all be used as formal shoes for men.

    3. Which formal shoe material is best?

    Leather is a high-quality material that has long been used to create long-lasting and fashionable shoes.

    4. How long should formal shoes last?

    Leather shoes or dress shoes last for every 6 to 12 months, depending on their quality and walking frequency which wears out the soles. Good maintenance can stretch their lifespan.

    5. What is the most expensive pair of shoes?

    Moonstar Shoes by Antonio Vietri is priced at around $19.9 Million.

    Next Story

    Unlocking India’s E-commerce Export Potential: A Path to $200-300 Bn by FY30

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (542)

    BY - Vaishnavi Gupta
    Assistant Editor, IndianRetailer.com & Retailer Media / 10 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (544)

    The Indian government has set an ambitious target to boost e-commerce exports to $200-300 billion as part of its broader $1 trillion merchandise export goal by FY 2030. This requires a significant transformation, necessitating a 50-60-fold increase from the current levels.

    As per the latest EY-ASSOCHAM report titled "Enabling e-commerce exports from India," achieving this target demands addressing key barriers, including complex customs procedures, payment repatriation challenges, and restrictive policies. The report provides a comprehensive roadmap for policy changes required in payments, customs, and logistics to help MSMEs access export markets and achieve this ambitious goal.

    The Current Landscape

    Currently, India's e-commerce exports for FY2023 are estimated to range between $4 to $5 billion, accounting for approximately 0.9 percent to 1.1percent of India’s total merchandise exports. Despite this modest share, the potential for growth is enormous, especially for Micro, Small, and Medium Enterprises (MSMEs), which form the backbone of the Indian economy. The EY-ASSOCHAM report underscores the need for more flexible policies and streamlined processes to unlock this potential.

    Streamlining Customs and Regulatory Procedures

    One of the primary areas for improvement is the customs and regulatory framework. The report highlights the need to simplify customs procedures to make them more conducive for e-commerce exporters. Increasing the courier consignment limit to $50,000 is a critical recommendation. This change would allow exporters to send larger shipments with fewer constraints, facilitating smoother trade operations. Furthermore, creating separate customs supervision codes for cross-border e-commerce trade can expedite the clearance process. These codes would enable efficient data collection and streamline customs procedures, significantly reducing delays.

    Another crucial recommendation is to expedite the customs clearance process for courier shipments. This can be achieved by implementing functionalities in the CSB-V system and collaborating with e-commerce marketplaces for verification. Clear guidelines for re-import transactions, including duty-free re-import of consignments up to $600, would further simplify the process for exporters handling returns. For consignments above this threshold, formulating Standard Operating Procedures (SOPs) to recognize returns as re-imports of returned goods is essential.

    Enhancing Payment Reconciliation and Financial Flexibility

    Payment reconciliation remains a significant hurdle for e-commerce exporters, particularly MSMEs. The report suggests several measures to ease this burden. Reducing the cost of payment reconciliation by tying fees to a percentage of consignment value can alleviate financial pressure on small-scale exporters. Moreover, extending payment realization and repatriation periods up to 18 months, in alignment with global practices, would provide exporters with greater financial flexibility. Removing the 25percent variation clause on realized payments and enabling periodic shipping bill reconciliation would also enhance financial predictability and stability for exporters.

    Establishing E-commerce Export Hubs (ECEHs)

    To foster a supportive environment for e-commerce exports, the report calls for various policy interventions. Extending export promotion incentives under the Courier Import and Export Regulations, 2010, to e-commerce exporters can stimulate growth. These incentives would encourage more MSMEs to engage in cross-border trade. Additionally, establishing e-commerce export hubs (ECEHs) with integrated training centers is crucial. Expanding the scope of ECEHs by providing customs support, training facilities, and logistical infrastructure near air cargo terminals can significantly enhance the efficiency and effectiveness of e-commerce exports. Stationing customs officials within these hubs would facilitate faster clearance and reduce bottlenecks.

    Policy Interventions and Support Mechanisms

    Another significant recommendation is to add explicit provisions in Foreign Direct Investment (FDI) policies to allow FDI-funded e-commerce entities to hold inventory for sale in international marketplaces. This change can enable global sales of Indian MSME products, broadening their market reach. Establishing regulatory testing sandboxes for e-commerce exports is also suggested to foster innovation and compliance testing, allowing businesses to experiment with new models and processes in a controlled environment.

    Financial Accessibility and Priority Sector Lending

    Furthermore, including e-commerce exports in the Reserve Bank of India's (RBI) priority sector lending category would improve access to affordable finance for exporters, enabling them to scale their operations and invest in growth. Granting Authorized Economic Operator-Tier III (AEO-T3) status to e-commerce marketplaces can streamline customs procedures, ensuring faster and more reliable export processes. Additionally, incorporating provisions for cross-border e-commerce trade in bilateral agreements can enhance India’s global e-commerce export capabilities, creating more opportunities for Indian businesses in international markets.

    Reflecting on the report's findings, Deepak Sood, Secretary General of ASSOCHAM, emphasized the necessity of streamlined regulations and supportive policies for e-commerce exports. "In today's global marketplace, the need for streamlined regulations and supportive policies for e-commerce exports cannot be overstated. This report's recommendations are essential for empowering Indian e-commerce exporters and positioning them competitively on the world stage," he said.

    Bipin Sapra, Tax Partner at EY India, echoed these sentiments, noting that the Indian e-commerce export ecosystem is poised for exponential growth, benefiting the economy and MSMEs alike. He stressed the importance of government and regulatory intervention to iron out the kinks in current laws and processes to help MSMEs access global markets efficiently and easily. "This report brings together all the recommendations needed to build a thriving e-commerce export ecosystem in India," he added.

    READ MORE: Indian E-commerce Market to Reach $163 Bn by 2026, Poised for Global Second Place by 2034

    Building a Competitive E-commerce Export Ecosystem

    By addressing these existing barriers and implementing the recommendations outlined in the EY-ASSOCHAM report, India can create a supportive environment for e-commerce exporters. Streamlined customs procedures, enhanced financial flexibility, supportive policy interventions, and targeted infrastructure development are crucial to empowering Indian e-commerce exporters, particularly MSMEs. The government’s commitment to reform and innovation will be instrumental in positioning India competitively on the world stage and achieving the ambitious export targets set for FY 2030.

    In conclusion, the path to achieving $200-300 billion in e-commerce exports by FY 2030 is challenging but achievable. By embracing the necessary changes and fostering a supportive environment for e-commerce exports, India can not only meet but exceed its goals, driving economic growth and establishing itself as a global leader in the e-commerce export market.

    Next Story

    How Online Businesses are Fueling India’s Pre-Owned Smartphone Industry

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    BY - Guest author
    / 8 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (547)

    India is home to 659 million smartphone users, the second largest smartphone user base in the world. Internet penetration, mobile-first infotainment and financial platforms, and superlative camera features are some of the contributing factors to the growth of smartphone aspirations, even in Tier II and below towns. However, aspiration needs affordability to create a market. This is where pre-owned smartphones come into play.

    Industry estimates project that the overall pre-owned smartphone market in India is close to $5 billion and is expected to reach $10 billion by 2030. The organized segment accounts for 20-25 percent of the current market. This segment is largely made up of online platforms that enable consumers to buy authentic pre-owned smartphones, along with various value-added benefits. These platforms, including several new entrants, are not only reshaping consumer behavior but also propelling technological advancements and sustainability initiatives. Let us see how online businesses, particularly newer players, are playing a pivotal role in the pre-owned smartphone industry in India.

    Consumer Behavior: Convenience and Affordability

    New online platforms have made it incredibly convenient for consumers to buy and sell pre-owned smartphones. The typical hassles of offline transactions, like trust deficit and the long time required to identify buyers or sellers, have already been tackled to a great extent. These new brands provide user-friendly interfaces, detailed product listings, and secure payment gateways that add to the user’s convenience.

    Apart from convenience, consumers also look for affordability when it comes to changing or upgrading their smartphones. With the tech advancements, more consumers are willing to try out the newly launched high-end phones. New platforms allow them to sell their old devices so that they can partially fund their new purchases. Consumers can also fund the gap between their sales and purchase prices through easy EMIs. Thus, consumers can access a range of smartphones at significantly lower prices than new models, making technology accessible.

    Ensuring Quality and Trust

    The quality and authenticity of pre-owned smartphones has always been a big concern for consumers. To address this, many online platforms now offer certified pre-owned phones that have been thoroughly inspected on many parameters and have gone through multiple quality checks. This assures the consumers that their phones are in good working condition. The additional guarantee provided by the platform takes this confidence a notch further.

    Sustainability Initiatives: Promoting a Circular Economy

    The pre-owned smartphone market contributes significantly to the cause of environmental sustainability. By extending the life cycle of smartphones, online platforms focus on the reduction of manufacturing and electronic waste, which is a growing concern globally.

    Although India's 'Make in India' initiative aims to boost local manufacturing, the reality includes a complex landscape. While many components are sourced locally, high-end parts often need to be imported due to supply chain constraints. Unfortunately, these imports face steep tariffs aimed at protecting domestic manufacturers, thereby increasing overall production costs.

    However, India faces challenges in becoming a dominant manufacturing hub. Key issues include deficiencies in infrastructure, such as inadequate transportation networks and limited access to advanced technology and connectivity. These deficiencies can significantly hinder manufacturing productivity and operational efficiency.

    Despite these challenges, India possesses substantial potential as a manufacturing destination. Addressing infrastructure gaps and improving 'ease of doing business' metrics are critical steps to unlock this potential fully. Additionally, proactive steps to integrate more seamlessly into the global tech manufacturing supply chain will be essential for India to capitalize on its strengths and attract further investment."

    Challenges and Road Ahead

    Despite the significant progress made by multiple online platforms, there are still some challenges. As mentioned earlier in the article, a large chunk of the Pre-Owned phone market is still unorganised. Here, the consumers are always prone to issues such as poor quality and the lack of standardization. Moreover, in some consumer segments, there is still an underlying perception about used smartphones being inferior in quality.

    They need to continue investing in technology and customer education to come around these issues. Enhancing transparency through detailed product information, and warranties, and providing credible after-sales service will help consumers feel more confident about their purchases. Additionally, these platforms can also collaborate with manufacturers and authorized service providers to standardize the refurbishment process. This will provide a consistent supply of high-quality pre-owned smartphones.

    While the challenges are steep, the current trend indicates that online platforms will be able to address most of these. This will also help them play an even more important role in Digital India.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (548)

    Yug Bhatia, CEO and Founder, ofControlZ

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    Singer India Embarks on a Technological Revolution

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (549)

    BY - Vaishnavi Gupta
    Assistant Editor, IndianRetailer.com & Retailer Media / 11 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (551)

    Singer, the world-renowned brand in the household sewing machine segment, boasts a rich legacy of 170 years in the sewing machine and home appliance industry. In India, Singer has embarked on a new journey that remains anchored in its core business, ethos, values, and principles.

    Singer India has strategically positioned itself in the competitive retail market by focusing on innovation, technological advancement, and customer-centric initiatives. The company is committed to bringing highly functional and technologically advanced machines to India. This commitment is reflected in its refined product messaging, streamlined inventory management, optimized operations, and enhanced stakeholder engagement.

    “In the home appliances segment, we aim to achieve profitable growth by launching and focusing on high-quality products that command premium pricing. This strategy helps establish a premium positioning in the consumer's mind. We also place significant emphasis on after-sales service to improve consumer engagement and the post-sales experience,” said Rakesh Khanna, MD & VC, Singer India.

    Key Strategies Driving Growth

    One of the key initiatives by the company in the sewing machine segment is the launch of "Singer Live Assist," a first-of-its-kind virtual service for sewing machine consumers across the country. This service strengthens the after-sales experience by reducing turnaround time for product demonstrations, especially in remote areas. It also saves on service costs and prevents post-sales service delays, thereby strengthening customer relationships.

    Singer India is also bringing technologically advanced and globally popular machines to the Indian market. For instance, the company launched the M3330, a global icon and top seller on Amazon, and supported its launch with a focused marketing campaign. The machine has been voted the best sewing machine in the home segment and is one of the company's best sellers on Amazon. Another innovative product, the SE9185, a Wi-Fi-enabled, 3-in-1 sewing cum embroidery and quilting machine, has received positive responses across the country.

    “Strategic investments are another critical area for us. The US-based multinational SVP Worldwide, which owns the iconic Singer brand, is set to be our knowledge partner. We plan to set up a second manufacturing facility for the brand, focusing on Zig-Zag machines to cater to both domestic and global markets,” he stated.

    Adapting to Changes in Consumer Behavior

    Singer India has observed significant changes in consumer behavior in recent years. There is a growing interest in crafting and self-expression, leading to renewed interest in learning sewing as a skill. To cater to this evolving demand, the company is incorporating best-in-class technologies into its sewing machines, making them more user-friendly and enjoyable to use.

    The influence of DIY influencers on global platforms has also played a crucial role in raising awareness and familiarity with sewing and embroidery. This trend has further fueled interest, desire, and willingness to learn sewing. Singer India's latest offering, the SE9185, exemplifies the company's commitment to technological advancement and meeting the needs of modern consumers. This 3-in-1 Wi-Fi-enabled machine comes with a large 7-inch color touchscreen and mySewnet, the industry’s first cloud-based operating system. It is designed to cater to both experienced sewists and beginners.

    Omnichannel Presence

    The brand has a robust offline presence, with over 2,500 dealers and sub-dealers across the country and 21 exclusive Singer sewing machine retail stores. The company is currently undertaking a pan-India branding exercise, starting with key states such as Bihar, Jharkhand, Punjab, Kerala, Tamil Nadu, and Karnataka.

    Singer India's D2C strategy focuses on building a strong online and offline presence around three key pillars: awareness, experience, and building desire. The company leverages online communication to make people aware of its new technologically advanced machines, which are easy to learn and use. Consumer-centric campaigns like "CreatewithSINGER" and "#TurnoldintoBold" encourage consumers to showcase their crafting skills and engage with the brand.

    “We are also actively engaging with the DIY community of influencers and creators, who create awareness around the endless sewing and crafting possibilities. We sell our products on platforms like Amazon and Flipkart, in addition to our website and 21 exclusive store locations. This multi-platform approach maximizes reach, caters to diverse customer preferences, and provides convenient purchasing options for sewing enthusiasts across the digital landscape,” noted Khanna.

    “Currently, e-commerce contributes over 30 percent of our revenue. With a robust online strategy and increasing digital engagement, we expect e-commerce to play a significant role in our revenue growth over the next 2-3 years,” he added.

    Product Categories and Upcoming Launches

    Singer India's sewing machine range offers over 140 SKUs across key categories such as Straight Stitch, Artisan, Embroidery, AZZ line, and Industrial machines. In the home appliances segment, the company offers products like washing machines, coolers, JMGs, MGs, kettles, and irons, with over 90 SKUs available in offline and online trade. Recent product launches like the M3330 and SE9185 highlight the company's focus on innovation and consumer-centric design.

    In the sewing machine segment, the brand is focused on strengthening its offerings and expanding aggressively in the Indian market. Recognizing the growing DIY community and the demand for innovative, user-friendly machines, the company introduced the SE9185, a 3-in-1 Wi-Fi-enabled sewing cum embroidery and quilting machine. This product showcases Singer India's dedication to delivering cutting-edge, consumer-focused sewing machine options that cater to modern sewing enthusiasts.

    Embracing Digital Transformation

    Singer India understands the importance of a strong digital presence in today's technology-driven world. The company has enhanced its online visibility and engagement with customers through various digital marketing campaigns and collaborations with influencers. For instance, the M3330, a global best-seller on Amazon, has benefited from digital collaborations that highlight its user-friendly design and extensive features.

    Singer Live Assist, an innovative service offering real-time virtual support for customers, has significantly enhanced the customer experience. Available through WhatsApp and a toll-free number, this service provides product demonstrations and resolves customer concerns from the comfort of their homes. The "Revive Traditions with SE 9185" campaign further emphasizes Singer India's commitment to digital engagement and fostering a vibrant community of creators.

    Revenue Targets

    Despite facing setbacks, Singer India achieved a revenue of Rs 425 crore last year. The company has seen steady growth in its AZZ and Industrial lines and is confident that e-commerce will be a key driver of future growth. The target for this year is to increase and improve customer experience and engagement, strengthen product messaging, and showcase capabilities.

    Future Growth

    Over the next 2-3 years, Singer India aims to strengthen and expand its market presence through several key growth levers. These include product innovation and diversification, enhancing manufacturing capabilities, improving customer experience, and engaging with the community. The recent launches of the M3330 and SE9185 highlight the company's focus on functional, user-friendly, and technologically advanced products.

    Singer India is a pan-India brand with a strong presence in Tier II and Tier III towns and cities. “To strengthen our presence in these markets, we are increasing branding and visibility, expanding our distribution network, and leveraging the SINGER Live Assist service. These initiatives aim to reinforce our presence, create consistent and recognizable branding, and meet the increasing demand in these regions,” Khanna concluded.

    Next Story

    How to Start a Clothing Boutique Business? Expert Tips For Success

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (552)

    BY - Ria Duneja
    MT Editorial / 13 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (554)

    Starting a clothing boutique business in the Indian market space can be profitable. A small space with a specific product line serving a particular clientele is called a boutique. Boutiques are successful due to the product masters present in the store, assisting customers with expert insights and answering all the questions about costing, expenses, retailing options and profitability. Here is a complete guide for you to start a boutique business in India. Let your passion for starting a boutique business win over with these tips.

    1. Run Through Market Research

    Investigate trends, demands, styles or categories. Resonate with the target audience. Fill the gap in the market. What is your target market? Are they people between 15 and 60 years of age? For whom do you want to make it? For male, female or both. What style of clothes do you want to wear? Indian, western or indo-western, provide both for more options for your customers.

    Make your brand stand out. Have a unique boutique name, use an attractive color palette and consider having a slogan. The boutique should have a business name held on the front of the store with a name, logo, colorful and memorable slogan.

    It is also crucial to understand who are the competitors in the same location. What strategies do the competitors use to attract customers? What makes the other boutique popular? Mark and make changes accordingly for the growth of the boutique.

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (555)

    2. Select a Location

    Making the right choice in which area, locality or state you want to set up your boutique is essential for success. Selecting a particular location for a boutique store is a time-consuming process. In India, most of the fashion boutiques are present in Tier I, II and III. The most recognised Tier I cities in India are Bengaluru, Delhi, Chennai, Hyderabad, Mumbai, Pune, Kolkata and Ahmedabad. Tier II and III cities that are recommended for a boutique business are Kanpur, Jaipur, Amritsar, Jamshedpur, Faridabad, Chandigarh, Kochi, Nagpur, Raipur, Bhopal, Mysuru, Surat, Agra, Ajmer, Srinagar, and Bhubaneshwar among others.

    Here are more criteria that need to be looked after while buying or renting a space for a boutique business.

    • Availability: The area should be easily accessible for staff and vendors. Having good connectivity to major highways or roads can be beneficial in this regard.
    • Distance for easy accessibility of raw materials: Consider the distance to raw material suppliers as it can impact the lead times and transportation costs which, when minimized, contribute to enhancing operational efficiency.
    • Transit Systems: Evaluate the ease of access for transportation purposes both in terms of exporting final goods easily and receiving basic supplies conveniently. Take practicality into consideration when assessing transit facilities available at your location.

    3. Create a Business Plan

    There is a need to form a proper business structure. It means what kind of a structure will a boutique follow for instance will it function as a sole proprietorship, LLC (limited liability company), partnership, corporation or private limited company. To opt for an ideal structure, various factors like current situation and aspiration play a key role.

    4. Get the Boutique Registered

    GST is another critical legal permit. If the boutique business's annual turnover exceeds Rs 40 lakh, it must register for GST. In states like Tripura, Sikkim, Uttarakhand, Meghalaya, Manipur, Arunachal Pradesh, Puduch*erry, Nagaland and Mizoram, the GST turnover limit is more than Rs 20 lakh.

    It is a necessity to register under the Shop and Establishment Act according to the selected area for the boutique. It must be done within a month. In case the boutique business is earning more than Rs 9 lakh annually, it must pay the service tax as suggested by the government of India.

    5. Develop a Funding Structure

    It is believed that to start a boutique business in India, one must have an initial investment of around Rs 2-5 lakh. It can vary according to the size and location of the store. There are various ways to get funds for a kickstart. Bank loans, other financial institutions or SME loans are another option. Saving is the best option to avoid loans. The funding must include enough for rent, raw materials, labor, production process and interior decor for the boutique initially.

    There are various government schemes in India for flagship funding, subsidy schemes, and women empowering schemes. Here are some of the schemes by the government of India for small businesses like a boutique:-

    • Pradhan Mantri Mudra Yojana
    • Capital Investment Subsidy
    • National Small Industries Corporation
    • MUDRA Bank
    • Mahila Coir Yojana
    • Government Women Entrepreneur Schemes
    • Udyogini

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (556)

    6. Spread Awareness via Online and Offline Platforms

    It is important to market your boutique business. Spread awareness about the existence of the boutique. Otherwise, how will the target audience know about you? In today's world, small businesses like boutiques are using online platforms more than offline ones. The platform you choose depends on the target audience you cater to. Social media is the perfect option for enticing the young crowd towards your boutique. Instagram and Facebook are the most popular fashion advertisem*nt formats.

    Make a marketing strategy for your boutique business. Marketing your products, showcasing the store, and making the brand name noticeable will engage customers. Here are some marketing channels:-

    • Content marketing
    • Influencer marketing
    • Organic social media marketing
    • Paid social media marketing

    Offline Marketing Strategies assist small businesses in attracting customers with visual appeal. Especially when it's a boutique business where the B2B model is followed. Here are a few of the offline strategies to help your business grow:-

    • Banner ads
    • Local events
    • Local news
    • Flyers

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (557)

    The Final Outlook

    In the eye of an Indian Retailer, starting a boutique business needs an initial investment of around Rs 2 to 5 lakh. It is a profitable market space. There are various schemes provided by the government of India for starting a small business like a boutique. Opening a boutique business requires you to apply for necessary legal permits and allowances. Lastly, bring them to the target audience, making potential customers aware that the boutique is available in the market.

    FAQs

    What is a boutique?

    A small specialized retail store often selling clothing, accessories, jewelry or other specialty items.

    How do I choose a location for opening a boutique store?

    Demographics, footfall of customers, nearby competitors, easy accessibility of raw materials, and labor are a few common factors that should be catered to while opening a boutique store in a particular location.

    Which tier cities in India should I open a boutique store?

    Tier I, II and III cities are the most efficient places to start a boutique business in India.

    Which platforms can I use to market a boutique business?

    Both online and offline marketing platforms are viable for starting a boutique business.

    Next Story

    Plant-based Foods to Shape the Organic Food Retail Landscape in India

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (558)

    BY - Guest author
    / 8 MIN READ

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (560)

    Over the past decade, India’s organic food retail landscape has experienced remarkable growth, driven by increasing consumer awareness, health and sustainability concerns, and government support for organic farming practices. Valued at over $1.5 billion in 2023, the Indian organic food market is projected to grow at a compound annual growth rate (CAGR) of over 20 percent, reaching approximately $9 billion by 2032. A key emerging player in this sector, with the potential to revolutionize the market, is plant-based foods.

    The evolving demands of Indian consumers, influenced by health, environmental, and ethical considerations, are steering a significant shift towards plant-based alternatives. With around 30percent of India’s population adhering to a vegetarian lifestyle, the market is ripe for the adoption of these alternatives.

    Similarly, the increasing prevalence of lifestyle diseases, coupled with concerns about sustainability, is driving the global trend towards plant-based options. The COVID-19 pandemic further accelerated this demand, with consumers seeking organic food options, including plant-based products, to mitigate the risks of chronic diseases.

    What Consumers Want

    Plant-based milk, meat alternatives, and organic vegetables are becoming popular choices among health-conscious consumers. The environmental advantages of plant-based foods are also significant, as they are known to reduce greenhouse gas emissions, water usage, and land usage compared to animal-based diets.

    The surge in demand for plant-based foods is largely driven by Millennials, Gen Z, and urban consumers, who prioritize sustainable and healthier food options. A 2023 survey revealed that 63percent of Indian millennials are willing to pay a premium for sustainable products. Over the last few years, there has been a steady growth in the demand for plant-based meats, reflecting a strong market potential. Whether it’s the rising demand for plant-based milk alternatives and meat substitutes or vegan snacks and confectioneries, sustainable and healthier food options are what consumers want.

    Golden Opportunity for Retailers

    Currently, the market is dominated by startups and small-scale players, highlighting a significant opportunity for those in the organic food retail market to cater to the evolving preferences of consumers. Innovation is crucial, particularly in research and development to introduce new and exciting plant-based products tailored to the Indian palate and nutritional needs.

    Jackfruit-based meat alternatives, almond and soy-based dairy substitutes, and plant-based snacks are already gaining acceptance among Indian consumers. Expanding and diversifying product offerings to include a wider range of plant-based options is essential for retailers. Organic retailers are particularly well-positioned to capitalize on the demand, leveraging their expertise in sourcing and distribution.

    Further, effective marketing strategies, including targeted campaigns, strategic merchandising, and strong branding, can help attract and retain customers. Collaborations with influencers, driven by the reach of social media, can significantly enhance the visibility and appeal of plant-based products, especially among younger, digitally-engaged consumers.

    Getting Future-Ready

    Globally, the plant-based food market was valued at $11.3 billion in 2023 and is projected to reach $35.9 billion by 2033. Although the market is niche in India at present, it has the potential to be a game-changer. Companies that successfully incorporate traditional Indian flavors and ingredients into their plant-based offerings are likely to resonate better with consumers who prioritize products that align with their values.

    With access to locally sourced plant-based ingredients, such as legumes, cereals, fruits, and vegetables, organic retailers in India have a definite competitive advantage. This can translate to lower production costs, allowing them to offer competitively priced, plant-based products while maintaining their commitment to sustainability and ethical sourcing practices.

    Building a robust supply chain is equally critical to ensure the availability and quality of plant-based products. Retailers need to establish strong partnerships with suppliers and manufacturers to secure a consistent supply of high-quality ingredients. This involves sourcing sustainable raw materials and adopting eco-friendly packaging solutions, aligning with the clean-label movement and appealing to environmentally conscious consumers.

    Plant-based foods represent more than a passing fad; they signal a fundamental shift in consumer behavior that is reshaping the organic food retail landscape in India.

    About the Author

    Gaurav Manchanda, The Founder & Managing Director, The Organic World

    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (561)

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    Future Retail Share Price Target in 2025: What to Expect - Indian Retailer (2024)
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