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Lulu Group to establish food processing and logistics centres in Andhra Pradesh
UAE-based Lulu Group International plans to establish modern food processing and logistics centres in Andhra Pradesh, alongside hypermarkets and a shopping mall, according to...
Compass Group India to double business every three years, pursue acquisition opportunities in key sectors
Compass Group India, a subsidiary of British multinational Compass Group PLC, aims to double its business in India every three years, viewing the country...
Amul crosses INR 59,545 Cr sales turnover, marks 8% YoY growth
The Gujarat Co-operative Milk Marketing Federation (GCMMF), which markets the popular Amul brand, held its 50th Annual General Meeting on 28 September 2024. In͏͏...
Nine West expands its reach in India through Myntra collaboration
As India's retail landscape expands, Nine West, a footwear brand under Bata, is boosting its presence by launching on Myntra. The͏͏ brand͏͏ focuses͏͏ on͏͏...
Indian hospitality sector’s revenue per available room set to grow by 8-9% in FY25
The Indian hospitality sector is experiencing significant growth, with a report indicating that revenue per available room is projected to increase by around 8-9...
Go Nuts expands into Maldives, partners with international airlines to offer premium healthy snacks
Go Nuts, a premium brand for nuts and healthy snacks, has expanded into the Maldives and established partnerships with international airlines. With͏͏ a͏͏ growing͏͏...
India’s gold imports soar to $10.1 Bn as duty cut fuels domestic demand
Union Minister of Commerce and Industries Piyush Goyal stated that reducing the duty on gold from 15% to 6% has increased domestic demand for...
India’s quick commerce sales surge 280% in two years, expected to reach USD 9.95 Bn by 2029
India's quick commerce industry has seen significant growth, with sales increasing by over 280 per cent in the past two years,͏͏ according͏͏ to͏͏ a͏͏...
Apparel companies anticipate weak retail market during festive season
Apparel͏͏ companies͏͏ anticipate͏͏ a͏͏ weak͏͏ retail͏͏ market͏͏ during͏͏ the͏͏ festive͏͏ season.͏͏ According͏͏ to͏͏ a͏͏ survey͏͏ by͏͏ the͏͏ apparel͏͏ industry͏͏ body,͏͏ 63%͏͏ of͏͏ respondents͏͏ expect͏͏...
Danone to invest €20 Mn in Punjab plant over four years
Food and beverage giant Danone announced a €20 million investment to expand its specialised nutrition facility in Lalru, Punjab, over the next four years....
As quick commerce boom continues, Tiger Global eyes stake in Zepto
As the quick commerce competition intensifies in India, with companies branching out from FMCG and groceries to a broader range of consumer goods, Tiger...
Adani Airport’s JV April Moon Retail to acquire 74% stake in Cococart Ventures for INR 200 Cr
April Moon Retail Private Limited, a joint venture of Adani Airport Holdings Limited, is set to acquire a 74% stake in Cococart Ventures Private...