Mumbai, June 24 (IANS) India has emerged as a key market for Amazon’s expanding quick-commerce ambitions, with the company’s ‘Amazon Now’ service becoming its fastest-growing ecommerce business unit in the country, Amazon CEO Andy Jassy said on Wednesday.Sharing his experiences after visiting an Amazon Now micro-fulfillment center in one of Mumbai’s busiest neighbourhoods, Jassy said the service is witnessing exceptional growth as customers increasingly opt for deliveries within minute…
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New Delhi, June 24 (IANS) India’s insurgent consumer brands collectively generated more than $7.5 billion in revenue in FY25 and have grown 3.75 times over five years, outpacing the market by 3.3 times, a report said on Wednesday.The report from Bain & Company and DSG Consumer Partners said insurgent consumer brands have evolved from niche challengers into a significant force within India’s consumer landscape, increasingly reshaping multiple consumer categories by identifying underserved nee…
New Delhi, June 10 (IANS) The world is being reshaped by geopolitical developments, supply-chain realignments, energy transitions, rapid advances in AI and climate-related events, Tata Consumer Products Limited (TCPL) Chairman N. Chandrasekaran said on Wednesday.Addressing shareholders at the company’s annual general meeting (AGM), Chandrasekaran said TCPL is using artificial intelligence (AI) to improve product development, identify consumer trends and strengthen its supply chain as businesses …
New Delhi, May 8 (IANS) Quick commerce services provider Swiggy on Friday reported that its FY26 full financial year loss widened to Rs 4,154 crore compared to Rs 3,117 crore in the previous fiscal.However, the company reported a narrowing of its net loss to Rs 800 crore for the quarter ended March 31, 2026, compared to a loss of Rs 1,081 crore in the same period last year.The online food and grocery delivery platform posted a 45 per cent year-on-year rise in revenue from operations at Rs 6,383 …
New Delhi, April 8 (IANS) The domestic e-commerce market is expected to grow by more than 150 per cent within four years, driven by the addition of 150 million new digital shoppers and a doubling of per capita spending, according to a new report.According to the joint report by Google and Deloitte, the online business market is undergoing a major transformation and projected to grow to $250 billion by 2030 from about $90 billion at present — a 177 per cent jump.The report also highlighted that …
New Delhi, March 26 (IANS) Hiring in India’s e-commerce and quick commerce sector has grown sharply by 35 per cent over the last two years, with companies increasingly focusing on technology and execution capabilities, a new report said on Thursday.According to a report by CIEL HR, total hiring demand in the sector rose from 73,320 roles in 2023 to nearly 98,750 roles in 2025.“This growth is also accelerating a structural shift in hiring, as e-commerce companies move beyond expansion-led rec…
New Delhi, March 24 (IANS) India’s consumption boom is set to significantly drive the growth of the domestic packaging industry, which is projected to reach $92 billion by FY30, according to a report released on Tuesday.The report by Avendus Capital has estimated that the Indian packaging market will grow at a CAGR of around 9 per cent over the next five years, outpacing the country’s GDP growth by nearly 1.3 times.The sector is increasingly being seen as a direct proxy for consumption trend…
New Delhi, March 19 (IANS) India’s packaged food and beverages (F&B) market is set to enter a new phase of growth, projected to expand to over $150 billion by 2030 from around $100 billion currently, driven largely by the rapid rise of quick commerce, a report said on Thursday.The report by Redseer said the quick commerce segment alone is expected to scale from $4 billion at present to over $25 billion in gross merchandise value (GMV) by 2030, led by rising demand for speed, convenience an…
Mumbai, Feb 24 (IANS) India’s e‑commerce market, currently at $120–140 billion, is projected to reach $280–300 billion by 2030, even as it remains 7–8 per cent of total consumer spending, a report said on Tuesday.The report from Boston Consulting Group said that even amidst rapid growth of e-commerce offline retail remains resilient, having grown at an annual rate of 13-14 per cent over the past four years.Market is entering a phase of coexistence between online and offline retail, wit…
New Delhi, Jan 13 (IANS) India’s private equity activity strongly rebounded in the fourth quarter of 2025 with investments touching $3.7 billion, up 44.3 per cent from the previous quarter, a report said on Tuesday.The report from London Stock Exchange Group (LSEG) said that total equity investments in Q4 touched the highest quarterly level since Q4 2024.Despite the late‑year surge, full‑year private equity investments eased 23.7 per cent year‑on‑year to $12.1 billion, underscoring the…