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CORPORATE FRANCHISE BUSINESS OPPORTUNITY IN INDIA

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Competition between direct selling industry, e-comm platforms intensifying: Report

India's direct selling sector is facing tough competition from online platforms. Consumers now expect faster delivery and convenience, mirroring e-commerce standards. This pressure affects how direct selling companies attract and keep customers. Despite challenges, the industry grew 4 percent in FY25, reaching Rs 23,021 crore. Wellness products lead sales, followed by cosmetics and personal care. 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/competition-between-direct-selling-industry-e-comm-platforms-intensifying-report/131217255

MakeMyTrip reports gross bookings of $10.4 billion for FY26

MakeMyTrip achieved record gross bookings of $10.4 billion for fiscal year 2026. Revenue also reached $1 billion for the full year. The company saw significant growth in adjusted margins across air ticketing, hotels, packages, and bus ticketing. AI assistant Myra is enhancing customer experience and reaching new users. This performance highlights MakeMyTrip's strengthened position in the travel market. 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/makemytrip-reports-gross-bookings-of-10-4-billion-for-fy26/131215060

Arvind Limited expands global footprint with UAE subsidiary, London Design Hub

Arvind Limited is expanding its global reach. The company has launched Arvind Atelier in the UAE and a design hub in London. This move aims to bring design, sourcing, and manufacturing closer to international fashion brands. The new initiatives will enhance speed, flexibility, and quality in delivering solutions. This expansion is set to strengthen Arvind's position in key global markets. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/arvind-limited-expands-global-footprint-with-uae-subsidiary-london-design-hub/131193497

Amazon Now to deploy 1,000 Eicher electric trucks

Amazon India is introducing 1,000 electric trucks for its Amazon Now service by 2028. Fifty trucks are already on the road. These vehicles will transport goods between fulfillment centers and micro-fulfillment centers. The initiative aims to support quick commerce operations across India, starting with key cities. 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/amazon-now-to-deploy-1000-eicher-electric-trucks/131175497

Exports diversification drive adds $202 million to kitty in FY26

India's exports expanded significantly last fiscal year. New product and country combinations generated over $200 million in new trade. Ships, telecom instruments, and agri-products saw growth in new markets. This diversification shows a shift towards higher-value manufacturing and technology. Exports to Northeast Asia and Latin America also surged, indicating growing global demand for Indian goods. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/industry/exports-diversification-drive-adds-202-million-to-kitty-in-fy26/131165561

Curbs on compressor imports could hit supply of ACs & refrigerators, warn companies

The concern follows a May 8 order by the Department for Promotion of Industry and Internal Trade (DPIIT), which links compressor imports in the current fiscal to a percentage of volumes imported in FY25. 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/curbs-on-compressor-imports-could-hit-supply-of-acs-refrigerators-warn-companies/131130459

Rapido raises $240 million from Prosus, WestBridge, Accel at $3 billion valuation

Urban mobility startup Rapido has secured $240 million in a funding round led by Prosus, valuing the company at $3 billion. This raise is part of a larger $730 million round and will be used to expand markets, grow its captain network, and enhance technology. 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/rapido-raises-240-million-from-prosus-westbridge-accel-at-3-billion-valuation/131113004

Skyworth and Jaina Group form JV to make Panasonic TVs in India

In a dynamic development for the Indian electronics sector, Skyworth Group from China has teamed up with Jaina Group to manufacture and promote Panasonic televisions within India. With Jaina Group likely to own the majority share in this venture, the partnership, formalized through a recently signed agreement, is poised to bolster the Panasonic TV brand and enhance local supply chains. 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/skyworth-and-jaina-group-form-jv-to-make-panasonic-tvs-in-india/131108062

SoftBank logs $600 million paper loss on India-listed portfolio in March quarter

SoftBank's Indian investments faced a significant downturn in the January-March quarter. Several prominent companies like Swiggy and Ola Electric saw their market value drop. This led to substantial paper losses for SoftBank's Vision Fund. Despite overall gains from other investments, the Indian portfolio's performance highlights recent market challenges. SoftBank has been a major investor in India's startup ecosystem. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/industry/softbank-logs-600-million-paper-loss-on-india-listed-portfolio-in-march-quarter/131080666

Enterprise software company Zoho invests Rs 70 crore in ONDC

Zoho Corporation has invested Rs 70 crore in ONDC to bolster India's sovereign technology and empower MSMEs. This move aims to make digital commerce more accessible, enabling small businesses to expand their reach and achieve growth. ONDC, backed by various financial institutions and government bodies, facilitated 218 million transactions in FY26. 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/enterprise-software-company-zoho-invests-rs-70-crore-in-ondc/131062611