Making India Easy · 20. November 2019
According to a report by India Brand Equity Foundation (IBEF), a trust founded by the Department of Commerce, Ministry of Commerce and Industry, Government of India, the Indian FMCG sector is poised to reach $ 103.7 billion milestone by 2020 at a Compound Annual Growth Rate (CAGR) of 27.86%. The report further states that the sector has fared exceptionally well in the past few years reaching a mark of $52.75 billion in 2018 from $31.6 billion in 2011. The projected growth of the sector...
21. October 2019
According to a recent report by FICCI-Deloitte, Indian retail market will hit a whopping USD 1,200 billion mark by 2021 and USD 1,750 mark by 2026. The report further adds that the country’s e-commerce market will also continue to grow to reach USD 84 billion by 2021 and USD 200 billion by 2026. Tier-2 and tier-3 cities will contribute immensely to support this market growth. “Organized food and grocery sector expected to reach USD 75.1 billion by 2025 and online shoppers expected to...