India
India's Samsung Mall powered by AI and machine learning
Companies now have the power to process millions of product records in minutes, using artificial intelligence (AI), without any humans in the loop with Indix’s prediction services. The product AI company recently announced the broad availability of its AI-based prediction services for product categorisation, brand identification, standardised attribute extraction and product clustering.
India's Samsung Mall powered by AI and machine learning
Companies now have the power to process millions of product records in minutes, using artificial intelligence (AI), without any humans in the loop with Indix’s prediction services. The product AI company recently announced the broad availability of its AI-based prediction services for product categorisation, brand identification, standardised attribute extraction and product clustering.
New technologies to fuel demand for POS terminals in India
India's point-of-sale (POS) terminals market is forecast to exhibit a CAGR of more than 11%, in value terms during 2017-2022, according to India POS Terminals Market By Type, By End User, Competition Forecast & Opportunities, 2012-2022 by international market research company Research and Markets.
TCNS gets new investor
TA ASSOCIATES, a global growth private equity firm, has invested in a US$140 million round for a minority stake in TCNS Clothing Company, a branded women’s apparel platform from India.
Three key emerging trends impacting India's online retail market
Research firm Technavio’s latest report on the online fashion retail market in India highlights three key emerging trends predicted to impact market growth through 2020. Technavio defines an emerging trend as something that has potential for significant impact on the market and contributes to its growth or decline.
Walmart considering e-commerce partnerships in India
WalmartT is reported to be “actively considering” ways to partner with India’s various e-commerce players such as Flipkart, Snapdeal, ShopClues, Grofers and Bigbasket to enter the country’s growing online retail market.
Retail to boom in Modi's India
Asia’s third-largest economy, India, showed positive growth last year, sparking hope of a retail boom under the helm of the country’s new Prime Minister, Narendra Modi. Shirish Nadkarni reports.
Amazon, Future Group seal deal
Global Internet retailer Amazon.com and India’s Future Group have sealed a strategic partnership to sell Future Group’s merchandise online.
Wooing the customer at Shoppers Stop
The number of loyal customers at Shoppers Stop has increased six-fold, from 500,000 to 3.2 million all over India, because the retail store has got it right on many fronts – correct brand positioning, an effective loyalty programme, unique advertising, integrated social media and rechargeable gift cards. Shirish Nadkarni reports.
Govind Shrikhande: The Customer Care Associate at Shoppers Stop
Govind Shrikhande, managing director of Shoppers Stop, has enjoyed a long career associated with textile and retail, and continues to derive much pleasure from a job that demands attention round-the-clock, 365 days a week. He shares his experiences with Shirish Nadkarni in Mumbai.
Wal-Mart invests US$103 million in India
Wal-Mart is reportedly investing US$103 million in its Indian operations with the goals to expand its wholesale store count and increase its online presence.
India to fast track Ikea debut in Hyderabad
Swedish furniture retailer Ikea says its first store in India will open in Hyderabad.
India set to grow meat presence globally
India is poised for a bigger presence in the global meat market, a senior executive of the Allana Group, the largest producer of halal bovine meat in the world, told delegates of the World Meat Congress in Bejiing.
India is major producer of milk, spices, fruits, vegetables, fish
India is now the world’s biggest milk producer, having overtaken the European Union over the past 12 months, according to the latest edition of the government’s annual economic survey.
Mango goes online on Myntra
Fashion retailer Mango has extended its presence online on Myntra.com, an online shopping portal in India.
El Nino predicted to raise India's edible oil Imports and affect major crops in SE Asia
Warnings about the effect of the El Nino factor on the world’s food crops have grown. The latest is a prediction by the Associated Chambers of Commerce and Industry of India (Assocham) that India’s import bill for edible oils will grow by almost US$5 billion due to the El Nino effect.
Thirst for bottled water in India
A rise in health awareness, increase in tourism and availability of bottled water have boosted the growth of the packaged bottled water industry in India.