Despite the failure of most e-commerce players to meet orders through the first week of the lockdown, there has been no serious crisis, thanks to supplies from 11 million small kirana and mom-and-pop stores across the country with the support of over 300,000 distributors and wholesalers.
The domestic retail industry is expected to attract about Rs 2,500 crore (Rs 25 billion) investments in the next two-three years and the retail boom will percolate to smaller cities with population less than 10 lakh, according to a new study by consu
The Indian textile sector will see its margins under pressure after the phasing out of the Multi Fibre Agreement by 2004-end in addition to the loss of assured markets, according to a study.