"Despite the rise of e-commerce, the physical stores still draw a significant shopping crowd. In fact, 91 per cent of all retail sales are still being generated in brick-and-mortar stores," the study released by Zebra Technology said today.
These cold chain stores will be a part of the national cold chain grid being created to transfer perishable goods like fruits and vegetables, fish, meat and ready-to-eat-meals, from farm areas to consumers without spoilage.
Home-grown e-commerce major Snapdeal's consumer reach-out exercises prompted the company to overhaul their brand positioning to represent what the youth of the country feel and believe in â€” the future will be better than the past, said Kunal Bahl, Co-founder and Chief Executive.
In the final episode of Digitizing India, we look at the impact of digitization on India‘s manufacturing sector. We look at how Mahindra and Mahindra (M&M) is making its factories smarter and how ITC is improving its supply chain with the help of technology.
The supply chain scenario is expected to change sharply at the onset of GST, or will at least be revalued, as it is expected to change the way retailers do business in the country, according to a PwC report.
Cipla is having presence in over 150 countries, manufacture drugs in over 50 dosages and has a portfolio in excess of 1,500 products.
The objective of the partnership is to assist industries, traders, importers and exporters in financing their capital requirements at all stages of the supply chain, ranging from post harvest storage to export or import stages, APSEZ and NCML said in a joint release.
Indian Angel Network (IAN), an investor group of over 350 high networth individuals, has invested an undisclosed sum in Shopatplaces, an e-commerce player that offers geographic speciality merchandise.
The Mumbai-based group, which forayed into agri-segment in 2010-end, is keeping options open for acquisitions in the range of Rs 100-150 crore in seeds, dairy, irrigation and crop care verticals as it looks to scale up.
The eBiz platform aims to create a business and investor friendly ecosystem in India by making all business and investment related clearances and compliances available on a 24x7 single portal, with an integrated payment gateway.
The company had posted a net profit of Rs 39.40 crore in the same period previous fiscal, the company said in a statement.
The investment is being made through the issue of common shares and class A non-voting shares of Japan's Mitsubishi Agricultural Machinery Co Ltd, and the deal is expected to close by Oct. 1, the companies said in a joint statement.
Online revenues grew 17 percent globally in the first quarter ended April 30, against a slight drop in overall sales. However, investments in e-commerce shaved 2 cents off the retailer's earnings per share, equal to the cost impact in the quarter of its move to raise wages for entry level workers across the US.
The modifications, which includes allowing the central government agencies to hold more than 26 percent equity in the mega food park, would streamline the implementation of the scheme.
Shipment estimates for the smartwatch, Apple's first wearable gadget that went on sale on Friday, vary widely as it's a relatively new type of consumer product and the market is largely untapped.
The 2015 FM Global Resilience Index has been topped by Norway for being the country's best suited for companies seeking to avoid disruptions in their global supply chain operations. Venezuela is ranked last on the list.
The Survey stated that India remains an attractive destination for long-term retail investment despite the sector facing many challenges in past few years. It highlighted that 58.3 percent of Indian population is below 30 years.
Bangalore's Electronics City MSME cluster receives Rs 120 million from Central and State governments to design and develop electronic products
ERP software helps integrate information across different business functions to provide a centralised resource that simplifies data and helps in decision-making. But mere installation of ERP software, does not automatically make a business better. Here are some points to optimize your investment in ERP
A heady mix of factors â€“ from lack of investment in supply chain, increase in farm inputs as well as a tightly-regulated market â€“ is behind the persistent food inflation India has witnessed over the past many years, according to analyses by experts.
Operational resiliency foundational to manufacturers supply chain strategy success, finds IDC.
Trimble Buildings, together with Tekla strengthens its presence in India with end-to-end Design-Build-Operate lifecycle.
Tata Motors stands fifth in the Asia Pacific ranking.
Infor launches Infor Demand Planning version 6.6, that includes new enhanced application features.
Godrej Consumer Products transforms into a globally integrated enterprise harnessing Big Data insights to drive efficiency and consistency across the organisation.