Articles for tag: Amazon, Battle, Colossal, Dominance, ECommerce, Festive, Fierce, Flipkart, Igniting, Midnight, Sales, Strikes, Unleash

Market News

As midnight strikes, Amazon and Flipkart unleash their colossal sales, igniting a fierce e-commerce battle for festive dominance.

As midnight strikes, Amazon and Flipkart unleash their colossal sales, igniting a fierce e-commerce battle for festive dominance.

On September 27, 2024, the much-anticipated festival sales kicked off with Amazon and Flipkart launching their annual events, drawing millions of online shoppers. Amazon’s war room showcased intense preparations with over 20 teams monitoring real-time data to meet customer demands and ensure smooth operations. Flipkart celebrated its 11th Big Billion Days event, emphasizing teamwork and ...

Market News

Surging demand for refurbished smartphones, especially iPhones, is transforming India’s market as companies eagerly anticipate festival-season sales.

Surging demand for refurbished smartphones, especially iPhones, is transforming India’s market as companies eagerly anticipate festival-season sales.

The refurbished smartphone Market in India is rapidly growing, with rising demand for premium devices like iPhones. Sellers such as Flipkart, Cashify, and Grest report significant sales increases as the festival season approaches. For instance, Cashify saw a remarkable 444 percent revenue jump from refurbished smartphone sales in 2023. The Market is fueled by advancements ...

Market News

CNG vehicles surge in India, outpacing petrol sales, driven by affordability, cleaner emissions, and expanding refueling infrastructure.

CNG vehicles surge in India, outpacing petrol sales, driven by affordability, cleaner emissions, and expanding refueling infrastructure.

Compressed natural gas (CNG) is rapidly gaining popularity among Indian car buyers, with sales of CNG vehicles rising by 46 percent in the first eight months of the year. This surge comes as petrol vehicle sales declined by 4.5 percent. Factors driving this trend include new car launches, increased CNG fueling stations, and manufacturers focusing ...

Market News

Amazon India ramps up operations with new fulfilment centres, preparing for record-breaking festive sales during the Great Indian Festival 2024.

Amazon India ramps up operations with new fulfilment centres, preparing for record-breaking festive sales during the Great Indian Festival 2024.

Amazon India is ramping up its operations by adding three new fulfilment centres before the festive season, expanding its storage to over 43 million cubic feet. This move aims to support the anticipated demand during the upcoming Amazon Great Indian Festival, starting on September 27, which promises over 25,000 new product launches and around 16 ...

Market News

Manufacturing exports plummet from 18% in FY13 to just 1.8% in FY24, signaling a dramatic decline in international sales.

Manufacturing exports plummet from 18% in FY13 to just 1.8% in FY24, signaling a dramatic decline in international sales.

In a concerning trend for India’s manufacturing sector, the share of exports in total sales has plummeted by nearly two-thirds over the last decade, ending in the financial year 2022-23. Exports once made up over 18 percent of manufacturing sales in FY13, but this figure dropped dramatically to just 6.8 percent in FY23. Early estimates ...

Market News

Reckitt Benckiser embarks on a dramatic divestment journey, eyeing sales amid struggles with its homecare and infant formula sectors.

Reckitt Benckiser embarks on a dramatic divestment journey, eyeing sales amid struggles with its homecare and infant formula sectors.

Reckitt Benckiser Group Plc is planning to sell some of its non-core homecare brands, potentially worth over £6 billion, as part of a strategic shift. The company is working with Morgan Stanley on this sale, which includes popular products like Airwick and Cillit Bang. Additionally, Reckitt is exploring options for its infant formula business, guided ...

Market News

Bajaj Auto’s Rakesh Sharma discusses the surge in electric scooter sales, challenging startup rivals’ predictions about the demise of ICE vehicles.

Bajaj Auto’s Rakesh Sharma discusses the surge in electric scooter sales, challenging startup rivals’ predictions about the demise of ICE vehicles.

Bajaj Auto is experiencing a significant surge in electric scooter sales, driven by the launch of models priced below Rs 1 lakh and an expanded distribution network. Rakesh Sharma, the executive director, shared insights in an email interview about the company’s ambitious plans for the electric vehicle (EV) Market. He addressed concerns raised by competitors ...

Market News

SOM Distilleries launches India’s first twist-cap beer, aiming for Rs 1,600 crore sales and 15% market share by 2025.

SOM Distilleries launches India’s first twist-cap beer, aiming for Rs 1,600 crore sales and 15% market share by 2025.

SOM Distilleries and Breweries, based in Bhopal, has launched its innovative twist-cap beer, “Woodpecker,” in Karnataka. This marks the debut of India’s first twist-cap beer, featuring two variants: Woodpecker Glide, a mild beer, and Woodpecker Crest, a stronger option. The beers are crafted using imported barley, Indian malts, and German hops, ensuring high quality and ...

Market News

JSW MG Motor India launches the MG Windsor, shifting focus to electric vehicles, aiming for over 50% EV sales by 2024.

JSW MG Motor India launches the MG Windsor, shifting focus to electric vehicles, aiming for over 50% EV sales by 2024.

JSW MG Motor India is shifting its focus towards electric vehicles (EVs) and away from traditional internal combustion engine (ICE) vehicles. Parth Jindal, the company director, announced the launch of the MG Windsor electric crossover, which marks their commitment to new energy vehicles. Bookings for the Windsor start on October 3, with deliveries beginning October ...

Market News

Hyundai launches new EXTER variants amid declining sales, featuring advanced tech and safety upgrades to regain market attention.

Hyundai launches new EXTER variants amid declining sales, featuring advanced tech and safety upgrades to regain market attention.

Hyundai Motor India has introduced two new variants of its popular entry-level SUV, EXTER. The S(O)+ variant, featuring manual transmission, is priced at Rs 786,300, while the S+ variant boasts an automated manual transmission (AMT) and costs Rs 8,43,900. Both models come loaded with exciting features, including a smart electric sunroof, a digital cluster with ...

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