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India's e-commerce market was worth about $3.9 billion in 2009. As per "India Goes Digital", [10] a report by Avendus Capital, the Indian e-commerce market is estimated at ₹28,500 crore ($6.3 billion) for the year 2011. Online travel constitutes a sizable portion (87%) of this market today. Online travel market in India had a growth rate of ...
Retailing in India is one of the pillars of its economy and accounts for about 10 percent of its GDP. [1][2] The Indian retail market is estimated to be worth $1.3 trillion as of 2022. [3][4] India is one of the fastest growing retail markets in the world, with 1.4 billion people. [5][6] As of 2003, India's retailing industry was essentially ...
India has one of the fastest-growing retail markets in the world, [326] [327] and is projected to reach $1.3 trillion by 2020. [328] [329] India has retail market worth $1.17 trillion, which contributes over 10% of India's GDP. It also has one of the world's fastest growing e-commerce markets. [330] The e-commerce retail market in India was ...
Avenue Supermarts Limited, d/b/a DMart, is an Indian retail corporation that operates a chain of supermarkets and hypermarkets. The company was founded by Radhakishan Damani and is based in Mumbai. As of September 2024, DMart has 377 stores across 12 states and union territories in India. [2][1] In March 2024, the company had a total of 13,971 ...
As of June 30, 2019, the total number of stores was 160 on a standalone basis. On July 4, 2019, Spencer Successfully Completed the acquisition of Nature's basket limited from Godrej Industries Ltd. The company claimed that the acquisition would help them give access in India's western markets with around 31 physical stores in major cities.
Financials as of March 31, 2024. [update] [4] Reliance Retail is an Indian retail company and a subsidiary of Reliance Industries. Founded in 2006, it is the largest retailer in India in terms of revenue. [5] Its retail outlets offer foods, groceries, apparel, footwear, toys, home improvement products, electronic goods, and farm implements and ...
A supermarket aisle. The fast-moving consumer goods (FMCG) industry or consumer packaged goods (CPG) industry is mainly responsible for producing, distributing and marketing fast-moving consumer goods. The FMCG industry is the fourth largest sector in the Indian economy. [1] Household and personal care products accounts for 50% of the sales in ...
2007–2010: Start-up phase. Flipkart was founded in October 2007 in Bangalore [11] by Sachin Bansal and Binny Bansal, alumni of the IIT, Delhi and former Amazon employees. [12][13][14] The company was started from a two-bedroom apartment in Koramangala, Bengaluru. The initial investment was provided by their families, which was INR 2 Lakh from ...