India news and analysis

21 December 2018
Google is expanding its presence in India by rolling out its shopping service. Following the launch Indian shoppers can browse online deals from various retailers using Google Shopping.  Google Shopping helps to compare prices Shoppers in India will be able to compare deals, review prices and search for products from multiple retailers online. The personalised experience will be available t...
13 December 2018
Flipkart, a leading Indian online market place, has committed to pushing newer categories such as furniture and groceries over the next three years. Driving grocery growth Flipkart currently provides online grocery services in four cities in India, adopting the monthly basket approach.  Its CEO Kalyan Krishnamurthy commented that Grocery is by far one of the most difficult businesses Flipka...
12 December 2018
Our new grocery market size forecasts underline how the top 20 countries globally are set to sustain their growth to 2023. By the end of the five-year timeframe we see the 20 biggest grocery markets, growing by 28%, adding US$1.9tr in sales. Asia leading growth outlook… Asia’s growth will be broad based. The region will contain seven of the world’s largest grocery markets by 2023 and will...
11 December 2018
Promotions and new hires within leadership team. Chief business officer for Walmart India appointed Following the departure of its chief operating officer, Walmart India has announced Sameer Aggarwal as its chief business officer. Aggarwal will now oversee strategy, merchandising, cost analytics, ecommerce, technology, marketing and replenishment for the retailer in India. According to h...
11 December 2018
Promotions and new hires within leadership team. Chief business officer for Walmart India appointed Following the departure of its chief operating officer, Walmart India has announced Mr. Sameer Aggarwal as its chief business officer. Mr. Aggarwal will now oversee strategy, merchandising, cost analytics, ecommerce, technology, marketing and replenishment for the retailer in India. Accord...
27 November 2018
Nine new stores opened in 90 days. Strengthening its presence in existing clusters Spencer’s Retail Limited, India’s oldest retailer, boosted its presence in the country by opening nine new stores in the past three months. The multi-format retailer now operates more than 140 stores across 40 cities. Of these, 33 are large format hypermarkets called Spencer’s Hyper. Instead of network exp...
23 November 2018
Online grocery retailer aims to increase private label products to 40% of sales revenue. Extending into new categories BigBasket, India’s leading online grocer, has announced that it will increase its private label presence. Hari Menon, co-founder and Chief Executive said, “ Private labels are around 34 per cent of our business now and we plan to scale this to 40 per cent in about a year. T...
15 November 2018
Operating structure of Walmart-Flipkart streamlined as key subsidiaries merge. Online fashion retail platforms integrated into Flipkart operations Following the deal to purchase 77% of Flipkart earlier this year, Walmart India announced several key changes to its operating structure. It will integrate Myntra, an online fashion retailer that was acquired by Flipkart in 2014, into Flipkart’s ...
05 November 2018
SPAR India opens 24 th store. New hypermarket located in Hyderabad SPAR India reaffirmed its commitment to India with the opening of its 24 th store in Hyderabad. Located within the Sharath Capital City Mall, it is the fifth SPAR hypermarket in this city. This milestone also marks a growth by 50% of SPAR India’s store network within just 24 months. Mr. Rajeev Krishnan, SPAR India’s Man...
01 November 2018
Announcement of additional investments made at opening of its 23rd store. Plans to open another 47 stores within 5 years At the opening of its 23rd Cash and Carry store, Walmart India revealed that it will invest another US$500m to boost its presence in the country. In addition to its ecommerce platform, the retailer is targeting to have 70 stores by 2022. Walmart India President and CEO...