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CORPORATE FRANCHISE BUSINESS OPPORTUNITY IN INDIA

India seeks to broaden textile manufacturing footprint beyond Tirupur and Surat

India is working to expand its textile manufacturing base beyond traditional hubs such as Tirupur, Surat, Panipat and Ludhiana, by engaging with states that currently have limited industry presence. The textiles ministry is in talks with Chhattisgarh, Kerala and Jharkhand to support new manufacturing clusters, an official said. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/apparel/india-seeks-to-broaden-textile-manufacturing-footprint-beyond-tirupur-and-surat/132006647

EDNS 2026: Why endurance, not early growth, will define India’s next D2C winners

Founders across beauty, nutrition, fashion, wellness and food highlight that long-term brand survival will depend on product integrity, category creation, supply chain depth and the ability to stay relevant beyond early D2C growth spikes. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/industry/edns-2026-why-endurance-not-early-growth-will-define-indias-next-d2c-winners/131983128

Swiggy Instamart COO Ankit Jain, CBO Hari Kumar quit amid top-level rejig

Quick commerce platform Instamart has seen key leadership departures with COO Ankit Jain and CBO Hari Kumar resigning due to personal reasons. Both executives, formerly of Flipkart, played crucial roles in the quick commerce business. This comes as Swiggy, Instamart's parent company, faces intense competition in the rapidly growing quick commerce sector, with other players aggressively expanding their reach. 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/swiggy-instamart-coo-ankit-jain-cbo-hari-kumar-quit-amid-top-level-rejig/131972178

Amazon CEO Andy Jassy visits India; company announces qcomm expansion to 300 cities

The visit comes as Amazon sharpens its focus on quick commerce in the country. The company announced that it is expanding its 10-minute delivery service, Amazon Now, to 300 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-ceo-andy-jassy-visits-india-company-announces-qcomm-expansion-to-300-cities/131962453

Flipkart Minutes expands to 1,000 stores as quick commerce competition intensifies

Flipkart's quick commerce arm, Minutes, is rapidly expanding, aiming for 1,500 fulfilment centres in over 180 cities soon. This aggressive growth, adding about 100 stores monthly, targets both metros and smaller markets, differentiating from competitors like Blinkit, Zepto, and Instamart. Minutes is leveraging Flipkart's vast customer base to offer a broader assortment beyond groceries, including mobiles and electronics, to capture a larger market share. 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/flipkart-minutes-expands-to-1000-stores-as-quick-commerce-competition-intensifies/131957996

ITC bulking up with products rich in protein and fibre: Sanjiv Puri

“India is also a protein-deficient market. We already have offerings such as high-protein atta, soya chunks and protein shakes, and we will continue to expand this portfolio,” said Puri, who added that he shed around six kilograms recently and now sticks largely to home-cooked meals, even carrying them on long-haul flights. 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/itc-bulking-up-with-products-rich-in-protein-and-fibre-sanjiv-puri/131954254

Ray-Ban heir escalates fight for family fortune control

Heir Leonardo Maria Del Vecchio is publicly challenging his family's holding company, Delfin, over a proposed 10 billion euro buyout of two siblings. He accuses the board of unclear governance and shifting positions, escalating a battle for control of a vast fortune. The deal, aimed at consolidating his stake and easing family divisions, faces complex financing and potential alternative proposals from Delfin's chairman. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/accessories/ray-ban-heir-escalates-fight-for-family-fortune-control/131900597

Voltas sells one million AC units in first quarter of FY27

Voltas has achieved a significant milestone, selling one million room air conditioners in the first three months of the 2026-27 financial year, a record for the company. This success, attributed to a refreshed product line and strong consumer trust, reinforces Voltas' leadership in India's competitive AC market. The industry anticipates robust sales this year following a subdued 2025, with demand boosted by intense heatwaves and strategic company initiatives. 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/voltas-sells-one-million-ac-units-in-first-quarter-of-fy27/131900660

Lululemon stores on the cards as Tata Cliq doubles down on premium lifestyle play

Tata CLiQ is set to expand premium athleisure brand Lululemon's presence in India with physical stores, adding to its existing online partnership. The move comes as the retailer sharpens its focus on sportswear, while beauty emerges as its fastest-growing category with 40-50% 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/lululemon-stores-on-the-cards-as-tata-cliq-doubles-down-on-premium-lifestyle-play/131870429

El Nino Impact: Milk prices likely to go up, again

Poor rainfall typically leads farmers to reduce cattle numbers because of shortages of fodder and water, lowering milk output and pushing up prices. 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/el-nino-impact-milk-prices-likely-to-go-up-again/131870017

India-UK CETA to help textile exporters double UK market share to 12% in 3-5 years

Indian textile exporters anticipate a significant boost in the UK market. The new India-UK trade deal, effective July 15, offers zero duty access. This move is expected to double India's market share in the UK within three to five years. Industry bodies predict substantial growth for textiles, garments, and home textiles. Trade is projected to rise from 1. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/apparel/india-uk-ceta-to-help-textile-exporters-double-uk-market-share-to-12-in-3-5-years/131846008

Foreign whisky sales slow for second straight year as post-pandemic boom fades

Growth in imported whisky sales slowed for a second consecutive year in 2025 across Scotch, Irish, Japanese and American categories, reflecting a broader moderation in discretionary spending after the premium spirits boom that followed the pandemic, according to data from alcohol market researcher IWSR. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/grocery/foreign-whisky-sales-slow-for-second-straight-year-as-post-pandemic-boom-fades/131845283

India-UK FTA levels the playing field for apparel exporters, says Pearl Global's Pallab Banerjee

India's apparel exports are set for a significant boost with the new UK Free Trade Agreement, finally removing a long-standing 10-12% tariff disadvantage against competitors like Bangladesh and Cambodia. Industry leaders anticipate improved price competitiveness, attracting fresh investments, increasing exports, and creating substantial employment opportunities across various garment categories. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/apparel/india-uk-fta-levels-the-playing-field-for-apparel-exporters-says-pearl-globals-pallab-banerjee/131822666

India-UK free trade deal to take effect on July 15, opening 99% of exports to tariff-free access

India and the UK's Comprehensive Economic and Trade Agreement (CETA) will take effect on July 15, granting 99% of Indian exports tariff-free access. The pact, announced by Prime Ministers Modi and Starmer, also includes a social security agreement for temporary workers. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/industry/india-uk-free-trade-deal-to-take-effect-on-july-15-opening-99-of-exports-to-tariff-free-access/131816025

Tata Sons' chairman N Chandrasekaran declines pay hike amid group concerns

Tata Sons chairman N. Chandrasekaran will not seek a pay raise for FY26. This decision comes amid group concerns about capital allocation and the profitability of new ventures. Some group businesses face cyclical pressures. Geopolitical and economic conditions challenge businesses like Air India. Tata Consultancy Services remains a key profit driver. Chandrasekaran's remuneration in FY25 was performance-linked. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/industry/tata-sons-chairman-n-chandrasekaran-declines-pay-hike-amid-group-concerns/131785180

Fresh off Cannes, designer Nitika Gujral flags rising costs, weaker NRI demand as luxury fashion faces pressure

According to Gujral, the brand has witnessed nearly a 60 per cent decline in NRI visits during the current wedding season, affecting demand for high-ticket couture purchases. Summertime traditionally sees a large influx of overseas Indians travelling to India for wedding shopping, but that trend has weakened considerably this year. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/luxury/fresh-off-cannes-designer-nitika-gujral-flags-rising-costs-weaker-nri-demand-as-luxury-fashion-faces-pressure/131758304

Reebok sales doubled in last 3 yrs, aggressive on growth trajectory: Aditya Birla Lifestyle Brands

Reebok's sales have more than doubled in India over the last three years following its acquisition by an Aditya Birla group firm. The brand plans to aggressively expand its network by adding 40-50 stores annually, targeting untapped market opportunities across metro and smaller towns. This growth is fueled by strong same-store sales and new product launches. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/footwear/reebok-sales-doubled-in-last-3-yrs-aggressive-on-growth-trajectory-aditya-birla-lifestyle-brands/131732282

Cupid Breweries to acquire United Spirits' alcobev unit in Odisha for Rs 22.5 crore

Cupid Breweries and Distilleries will acquire an operational alcoholic beverage manufacturing unit in Odisha from United Spirits Limited. The deal is valued at Rs 22.5 crore. This acquisition is a significant step in Cupid Breweries' expansion strategy. The unit has a substantial production capacity. Diageo India is divesting non-core assets as part of its strategic focus. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/grocery/cupid-breweries-to-acquire-united-spirits-alcobev-unit-in-odisha-for-rs-22-5-crore/131697251

How Gen Z became the most important customer in FMCG

Young consumers are now driving major decisions at established food companies. Gen-Z and millennials are influencing product development, acquisitions, and marketing strategies. These younger shoppers are health-conscious, digitally savvy, and demand transparency. Their preferences are reshaping the entire packaged foods industry in India. 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/how-gen-z-became-the-most-important-customer-in-fmcg/131673545

Ecommerce isn't adding much to Retail Inc's cart

An ET analysis of eight major retailers-market leader Reliance Retail, Shoppers Stop, Westside, Arvind Fashions, DMart, Spencer's Retail, Pantaloons and Bata-showed that the contribution of e-commerce to overall revenue has seen minuscule improvement since 2021-22 even as online sales continue to increase in absolute terms. By contrast, the Covid-19 pandemic spurred explosive growth, with the share of digital sales in total revenue surging three to four times in 2020-21 and 2021-22. 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/ecommerce-isnt-adding-much-to-retail-incs-cart/131673573