Transparency, Personalization Next Frontiers for Online Retailers: UPS Study

(The UPS Pulse of the Online Shopper study evaluates consumer shopping habits from pre-purchase to post-delivery. The study was conducted in early 2019 and is based on a PwC survey of more than 18,000 online shoppers worldwide. Respondents made at least two online purchase in a typical three-month period. Excerpts of the report: )  A glitzy website or a modern app aren’t enough to satisfy today’s savvy online shoppers. They demand upfront transparency on fees, control over the delivery process, a clearly-stated returns policy and loyalty rewards, according to new…

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Cold chain logistics market to reach close to $600 billion

According to a recent report published by Allied Market Research (titled “Cold Chain Logistics Market”), the global cold chain logistics market which garnered $159.98 billion in 2018 is estimated to reach $585.10 billion by 2026. This entails a hefty CAGR of 17.9% from 2019 to 2026. Surge in refrigerated warehouses, growth of processed food industry and pharmaceutical sector, and adoption of automated software would drive the growth of the cold chain logistics market. Based on type, the meat fish & sea food segment accounted for more than one-third of the total market share in…

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Over 50% APAC organizations in favour of Mobile Technology Investment

Zebra Technologies Corporation (NASDAQ: ZBRA), recently released its latest Asia-Pacific vision study on the Future of Field Operations, which reveals mobile technology investment to be a growing priority for up to 60 percent of Asia-Pacific organizations. The findings indicate that investments will be made in disruptive technologies and enterprise mobile devices to enhance front-line worker productivity and customer satisfaction in field operations including fleet management, field services, proof of delivery and direct store delivery workflows. “Driven by the acceleration of e-commerce along with customer’s heightened expectations and more focus within companies on differentiating service…

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New axle load norms, surplus capacity affect commercial vehicles sales

According to a recent study by the leading credit rating agency ICRA, “the domestic commercial vehicle industry sales slowed down over the latter half of FY2019, reeling under multiple headwinds, which have continued into the current fiscal as well.” The study underlines that the slowdown in growth during H2 FY2019 was led by the M&HCV (Truck) segment, which contracted during the period.  “The road transportation sector is currently facing over-capacity, partially contributed by revision in load carrying norms in July 2018, which resulted in a 15-20% increase in capacity of CV…

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India to get over 65 Mn Sq. ft. of new Mall Space by 2022-end

Considering the growing surge in e-commerce business in the country, its quite natural to conclude that it would slacken the business in the physical malls segment. But according to ANAROCK’s latest retail report TCCx: Redefining the Future of Retail Malls released at the CII North Retail Conclave recently in Delhi, the sector is riding high on the phenomenal rise of consumerism and renewed interest by institutional investors. According to the report, the Indian mall developers are looking to add over 65 mn sq. ft. of new mall supply by 2022-end across the country. Of…

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Revenue growth in Q4 FY2019 hits six quarter low

According to a recently released report by the noted credit rating agency ICRA, the broader Q4 financial results reflect growing pressure on the performance front for the companies. The report based on the analysis of 642 companies in the Indian corporate sector underlines revenue growth in Q4 FY2018-19 slipping to six-quarter low at 10%.   Weal consumer sentiments and softening of commodity prices have been cited as the major reasons for somewhat sluggish revenue growth pattern.  Shamsher Dewan, Vice President – Corporate Sector Ratings, ICRA commented, “The weakness in the consumer-linked sectors…

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Increase in FDI limit in defence sector, suggests an industry report

The government should allow a minimum of 51 per cent FDI in defence sector without any riders to linkages with ‘modern technology,’ so as to enable international defence companies to exercise adequate control over joint venture companies, intellectual property rights (IPR) and product quality, suggested an ASSOCHAM-BDO joint study. “The increase in FDI limit will bring in the capital for establishing new facilities and scaling up current facilities while benefitting India through large scale job creation,” noted the study titled, ‘Indian aerospace manufacturing ecosystem,’ conducted by The Associated Chambers of…

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Transport infrastructure will be a key focus area for the new government

Giving a facelift to transport infrastructure will be a key focus for Narendra Modi led NDA government as it begins its second tenure. According to a study by credit rating agency ICRA, the government would decisively take forward some of the mega initiatives it had launched during its first tenure to improve transport infrastructure. “ The new Government is likely to maintain the continuity on the major programmes launched during its last tenure viz. Bharatmala Pariyojana (Highways), Sagarmala (Ports), railway station redevelopment programme, inland waterways development, Namami Gange, Swachh Bharat…

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PE Inflows in Indian Retail double to $1.2 bn in two years

(Executive summary of a recently released report by Anarock) Further liberalization in FDI policies – 51% FDI in multi-brand retail and 100% FDI in single-brand retail under the automatic route (against the previous 49%) – has attracted major global PE funds to double their investments in the Indian retail sector. As per ANAROCK’s Private Equity in Indian Real Estate report, the total private equity inflows in the Indian retail sector between 2015-2018 stood at USD 1.84 bn. Of this, nearly USD 1.2 bn were pumped in between 2017-2018 alone.   US and Canada-based PE funds together invested more…

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Foreign investors infuse $2.5 billion in warehouse centric investment platforms

According to a recently released report by credit rating agency ICRA, “the industrial warehousing segment has witnessed rapid growth in recent years due to healthy demand from occupants in sectors such as automotive manufacturing, third party logistics services and e-commerce. In addition, regulatory interventions such as implementation of the GST and infrastructure status accorded to the sector are also driving demand for large integrated warehousing parks. This has attracted foreign investors who are entering the sector through investment platforms with the mandate of investing in industrial warehousing parks across the…

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