FMCG e-commerce projected to become $4 billion business by 2022

Nielsen India expects the fast-moving consumer goods sales coming from the E-Commerce channel to grow to $4 billion by 2022. The channel contributes 2% to the current FMCG market. These are insights from Nielsen’s recently launched E-Trak Index – a measurement solution that tracks the FMCG E-Comm industry. India’s first such solution is created using aggregated ePOS (electronic point of sale) data from cooperating E-commerce players and data science backed estimation for non-cooperating E-commerce players in India. The index adds a crucial element to the Retail Measurement Services that Nielsen provides…

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India only bright spot in DHL Global Trade Barometer

The DHL Global Trade Barometer (GTB) indicates a further contraction in world trade for the next three months. The overall trade outlook is reduced by -2 points, to a new index value of 45. That means that global trade continues to lose momentum, albeit mildly. Against the previous updates, the downward tendency is largely moderate and steady, neither indicating an acceleration of the decline nor a bottoming out. Except India, all surveyed countries are affected by the deceleration and record indexes below the 50-points-threshold of no growth. The overall decline…

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Positive outlook for private funding in logistics, warehousing

“Logistics, warehousing and retail will continue to witness considerable growth on the back of recently-eased policy norms for the retail sector, aimed at boosting growth and attracting more investments,” says a report recently released by real estate consultancy firm Anarock. The report highlights key trends in private investments in different verticals of the real estate business including commercial comprising warehousing. According to the report, Indian real estate attracted nearly USD 14 bn of foreign private equity (PE) between 2015 and Q3 2019 with 63% (approx. USD 8.8 bn) of the total foreign investments…

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Intelligent Connectivity to boost GDP Growth

As AI-infused Intelligent Connectivity begins to have a meaningful impact on the digital economy and sparks a tipping point for digital transformation, a key finding of Huawei’s GCI 2019 is that countries with GCI scores over 65 that have made continuous investment in Intelligent Connectivity can expect it to boost GDP by more than 1%. At the same time, success in the era of intelligence depends on the ability to collaborate on a global scale. Now in its sixth year, GCI 2019 highlights AI’s role as one of four key…

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India Inc lacks a formal approach to Artificial Intelligence risk evaluation

A recently released report by PwC maintains that while Artificial Intelligence (AI) has the potential to solve complex problems and help in building scale for the enterprises, “badly designed AI can cause more harm than good.” The report titled ‘With AI’s great power comes great responsibility’, highlights the importance of having a roadmap for enterprises to embark on an AI journey responsibly. The report is based on a comprehensive study conducted with over 1,000 CXOs and business decision makers from India and other regions, between May and September 2019. The intent…

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Factors affecting domestic CV industry

According to a recent note by credit rating agency ICRA, “ the Indian commercial vehicles industry has been facing a slowdown in demand and declining sales over the past two-three quarters primarily due to the economic slowdown and surplus capacity that it is saddled with.” GST implementation, E-way bill implementation, upward revision in axle norms and declining viability of small fleet operators have also been pointed as the factors impacting domestic CV industry. Shamsher Dewan, Vice President & Sector Head – Corporate Ratings, ICRA, said, “As per our estimates, there has…

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Decline in coal import likely to impact port performance

According to a recent note from credit rating agency ICRA, modest decline in coal import during the first five months of the current fiscal has resulted in marginal throughput growth at the major ports. “ Major ports have reported only a tepid 1.9% cargo growth in the first five months of FY2020 from 289 MT to 294 MT. Healthy volume growth in container, crude and iron ore segments was offset by the decline in coal and some other bulk cargo volumes. As per ICRA note, the volume growth at major…

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Cement demand to cool down

Noted credit rating and research agency ICRA expects the domestic cement growth to slow down to around 7% in FY2020. Agency in a recent sectoral report has emphasized weak offtake in cement in Q1 FY2020 as the possible sign of a year long slowdown.  Sabyasachi Majumdar, Senior Vice President & Group Head – Corporate Ratings, ICRA said:  “We expect cement demand growth to taper off in FY2020 after a strong double-digit growth in the previous year. The is already being reflected in tepid growth in Q1 FY2020, on the back…

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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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