E-commerce major Amazon reported 11 crore customer visits and saw over 8,000 sellers surpassing Rs 1 lakh in sales in the first 48 hours of Amazon Great Indian Festival 2024, the company said in a media release. Saurabh S., VP– Categories, Amazon India said “ We are thrilled to witness the biggest-ever opening with a record 11 crore customer visits, and highest number of Prime members shopping during PEA. We also witnessed an overwhelming participation of sellers across India, including, small and medium businesses, and thousands of sellers became lakhpatis during the first 48 hrs of AGIF ‘24." #Ecommmerce #amazon #onlineshopping #AmazonGreatIndianFestival #ETretail #latestnews
ETRetail
Online Audio and Video Media
Noida, Uttar Pradesh 31,715 followers
ET Retail brings the most relevant news & analysis on the retail industry. A Times Internet Product
About us
Retail in India is one of the top business enterprises of its economy and accounts for around 14 to 15% of its GDP. The Indian Retail market is one of the top five Retail markets and also amongst the fastest growing Retail markets in the world. We cover whatever matters in the Retail Industry in India, aggregating news, opinion and analysis on new launches, Mergers & Acquisitions, FDI, Industry Research, Joint Ventures and other business developments related to food, FMCG, apparel, ecommerce, jewelry, departmental stores and more.
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- 201-500 employees
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- Noida, Uttar Pradesh
Updates
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Indian Beverage Association on Monday called for rationalisation of GST structure on non-alcoholic beverages and levy taxes based on sugar content, saying with favourable policy the sector has the potential to grow to a size of Rs 1.5 lakh crore by 2030. Speaking at the release of a report by ICRIER on tax policy on carbonated beverages in India, Indian Beverage Association Secretary General JP Meena said non-alcoholic beverages are a key part of India's food processing sector and can play a very important role in making the country a global hub of manufacturing. #IndianBeverageAssociation #beverages #nonalcoholicbeverages #foodindustry #ETretail
Tax non-alcoholic beverages based on sugar content: Indian Beverage Association - ET Retail
retail.economictimes.indiatimes.com
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In a move to cater to the rising demand during the festive season, Swiggy Instamart has rolled out 24x7 free delivery services across Delhi-NCR, TOI reported. The quick commerce platform will now offer rapid delivery of tens of thousands of products within 10-15 minutes, providing consumers in Delhi, Gurgaon, and Noida with round-the-clock access to groceries, snacks, and other essentials. #swiggy #quickcommerce #fooddelivery #festiveseason #homedelivery #ETretail #latestnews | Nandan Reddy
Swiggy Instamart launches 24x7 free delivery in three cities ahead of festive season - ET Retail
retail.economictimes.indiatimes.com
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Conscious Chemist raised Rs 12 crore from Atomic Capital for product development and digital expansion. The startup, featured on Shark Tank India season 3, serves over 10 lakh customers through platforms like Amazon and its own website. The funds will help scale operations, improve marketing, and penetrate new markets in India's growing beauty and wellness sector. #Consciouschemist #sharktankindia #beautyindustry #wellnesssector #ETretail | Robin Gupta | Prakher Mathur
Conscious Chemist secures Rs 12 crore funding from Atomic Capital - ET Retail
retail.economictimes.indiatimes.com
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Neutraceutical brand Wellbeing Nutrition is looking to close this fiscal year ending March 2025 at a revenue of Rs 180-200 crore driven by a balanced mix of online & offline strategy and continued product innovation, Saurabh Kapoor, co-founder, of the company told ETRetail in an exclusive interview. The brand shared that it has been an early mover in omnichannel strategies, becoming one of the first to place its products in unique offline locations such as W.H. Smith stores at airports. Story By-Anurag Sharma #wellbeingnutrition #foodindustry #omnichannels #ETretail #latestnews
Wellbeing Nutrition targets Rs 180-200 crore revenue this fiscal; focus on retail expansion - ET Retail
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Get ready to revolutionize retail with the industry's leading minds! Join us at #ETRetailGIRS 2025 for a transformative experience. Hear from visionary leaders like Samir Krishan Modi, Managing Director, Modi Enterprises, as he extends his best wishes for the second edition of The Economic Times Great India Retail Summit 2025. Register Now: https://bit.ly/4d0v0bD #ETRetail #ETRetailGIRS #IndianRetail #ecommerce #FMCG #RetailTech #RetailIndustry #leader #FutureOfRetail #D2C #mumbai #industry #tech #innovation
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LuLu Group International will establish food processing and logistic centres in Andhra Pradesh, along with hypermarkets and a shopping mall. Chairman Yusuffali M.A. confirmed the plans after a meeting with Chief Minister Nara Chandrababu Naidu. The group's ventures include an IMAX multiplex in Vizag and hypermarkets in Vijayawada and Tirupati. #Lulugroup #foodindustry #foodprocessing #hypermarket #shoppingmalls #ETretail
Lulu Group to set up food processing, logistics centres, hypermarkets in Andhra Pradesh - ET Retail
retail.economictimes.indiatimes.com
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Candytoy Corporate, one of the leading manufacturers of candy toys, has partnered with Reliance Retail to supply confectionery toys for 1,400 stores of the country's leading retailer, said a top company official. The Indore-based company entered into an agreement with Reliance Retail a couple of months back, said founder Director Gaurav Mirchandani. "We already have a purchase order for more than 15 outlets right now, which is live, and 200 outlets will be live by the end of Diwali, and 1,400 outlets will be live by the end of this financial year," Mirchandani told PTI. #toys #relianceindustry #relianceretail #confectionerytoys #ETretail #latestnews | Candytoy Corporate Pvt Ltd
Candytoy partners with Reliance Retail to supply confectionery toys to 1,400 outlets - ET Retail
retail.economictimes.indiatimes.com
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Parag Milk Foods has broadened its Avvatar whey protein range, targeting a 20-25 per cent market share by 2027-28. With a Rs 300 crore investment in a Pune facility, the company aims to reach youth and gym-goers via multiple channels. Whey protein's contribution to our revenue is expected to increase to 15 per cent within the next 3-4 years, said Akshali Shah, Executive Director, Parag Milk Foods. Story By-Anurag Sharma #dairyproducts #pragmilkfood #brandexpansion #ETretail #latestnews
Parag Milk Foods expands whey protein line with Rs 300 cr investment; eyes 25% market share by FY28 - ET Retail
retail.economictimes.indiatimes.com
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India's consumer durables market is projected to reach Rs 5 lakh crore by FY30 and become the fourth largest globally by 2027, according to CII. Emphasizing quality and standardization, the sector aims to boost exports and integrate advanced technologies like AI, fostering innovation and growth. #consumerdurables #electronicindustry #CII #ETretail #latestnews
India's consumer durables market poised to be world's 4th largest by 2027: CII - ET Retail
retail.economictimes.indiatimes.com