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CORPORATE FRANCHISE BUSINESS OPPORTUNITY IN INDIA

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Eveready Industries’ Rs 200-crore manufacturing plant to pave the way for global play

Eveready Industries has launched a new Rs 200 crore manufacturing plant in Jammu. This facility is India's only operating alkaline battery plant. It will significantly increase production capacity. The plant aims to meet growing demand for high-performance power solutions. It will also reduce India's reliance on imported batteries. This move is set to boost local employment and supply chain resilience. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/consumer-durables-and-information-technology/consumer-electronics/eveready-industries-rs-200-crore-manufacturing-plant-to-pave-the-way-for-global-play/130546129

Platforms, brands accelerate agentic commerce push as fintechs plug payment gaps

Indian ecommerce giants like Flipkart and Bigbasket are building AI storefronts to enable agentic commerce, allowing AI to shop autonomously on platforms like ChatGPT. Fintechs have enabled payments, paving the way for automated searching, ordering, and payment. Brands are preparing for this future, with quick commerce and travel sectors leading adoption. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/industry/platforms-brands-accelerate-agentic-commerce-push-as-fintechs-plug-payment-gaps/130543612

Tech investor Lachy Groom in talks to back Pronto; valuation set to double at $200 million

US investor Lachy Groom is in talks to invest $15-20 million in Pronto. This funding round values the instant househelp startup at $200 million. Pronto's valuation has doubled since its last raise in March. The sector is attracting significant investment due to rapid growth. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/e-commerce/e-tailing/tech-investor-lachy-groom-in-talks-to-back-pronto-valuation-set-to-double-at-200-million/130507723

Gulf war fuels raw material inflation, FMCG firms shift to daily pricing strategy

In light of the Gulf War, consumer goods sectors are battling unprecedented rises in raw material costs. Firms are now implementing daily price surveillance and tightening their budgets dramatically. We are witnessing price hikes across a spectrum of products, potentially jeopardizing the fragile consumer spending recovery initiated by recent tax reductions. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/personal-care-pet-supplies-liquor/gulf-war-fuels-raw-material-inflation-fmcg-firms-shift-to-daily-pricing-strategy/130473331

Judith Leiber re-enters India: Can India become its next power market?

Judith Leiber Couture has launched its first boutique in Delhi, marking its return to the Indian market. The brand plans a strategic expansion, focusing on connecting with new luxury consumers. This move aligns with global growth plans. Judith Leiber aims to become a top global market within five years. Sparsh India Couture is anchoring the brand's journey in India. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/luxury/judith-leiber-re-enters-india-market-can-india-become-its-next-power-market/130472468

Bhujia baron Shiv Ratan Agarwal, who built Bikaji into a global snack brand, passes away at 75

Shiv Ratan Agarwal, the visionary behind the popular Bikaji snack brand, passed away at 75. He turned a family namkeen business into a national and international success. Agarwal's journey from Bikaner's lanes to global markets showcased India's consumption boom. His strategic approach standardized, packaged, and scaled traditional snacks. Bikaji's success culminated in its stock market listing and global presence. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/personal-care-pet-supplies-liquor/bhujia-baron-shiv-ratan-agarwal-who-built-bikaji-into-a-global-snack-brand-passes-away-at-75/130472723

West Asia crisis: Govt considering customs duty cut on critical induction cooktop components

The commerce and industry ministry has also recommended reducing the GST on these cooktops from 18 per cent to 5 per cent to improve affordability, the official said. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/home-and-decor/kitchen-and-dining/west-asia-crisis-govt-considering-customs-duty-cut-on-critical-induction-cooktop-components/130456402

No decision yet on India unit listing; exploring strategic options to boost value: Pernod Ricard

French spirits giant Pernod Ricard has stated no decision is made on listing its Indian subsidiary. The company is exploring options to enhance shareholder value. Pernod Ricard India is a leading alco-bev player. The company expects strong performance in India, its second-largest global market by value. India's premiumisation trends are driving growth. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/grocery/no-decision-yet-on-india-unit-listing-exploring-strategic-options-to-boost-value-pernod-ricard/130431476

Quick-commerce, Nescafe coffee push and Ad spends: Inside Nestle India's growth play

Nestle India achieved its best quarterly results in ten years. This strong performance was fueled by significant volume increases across its products. The company saw robust growth in its e-commerce and beverage segments. Increased advertising spending also played a key role in driving sales. Nestle India maintained healthy profit margins through efficient operations and strategic investments. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/personal-care-pet-supplies-liquor/quick-commerce-nescafe-coffee-push-and-ad-spends-inside-nestle-indias-growth-play/130432593

Exclusive-India flips AB InBev from witness to target in antitrust probe, triggering court fight

Since 2022, the Competition Commission ​of India (CCI) has been investigating 42 alcohol retailers in Telangana, India's largest beer consuming state, for allegedly forming a cartel to exclude AB InBev's rivals, leading to a surge in market share for the Belgium-based maker of beers including Budweiser and Corona. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/grocery/exclusive-india-flips-ab-inbev-from-witness-to-target-in-antitrust-probe-triggering-court-fight/130414983