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Strong fundamentals contribute to sales growth of nearly 48%. Bucking the economic slowndown India’s retail conglomerate Reliance Retail announced sales revenues of INR38,196 crore (US$5.35bn) for the Group’s first financial quarter. Correspondingly, it reported pre-tax profits of INR2,049 crore (US$426.9m), an increase of nearly 70% versus last year. This represents 13 consecutive quart...
Rapid launch of convenience chain into Mumbai. Looking to tap into potential gaps in the grocery retail sector Earlier in March, we reported on the master franchise agreement between the Future Group and 7-Eleven, paving the way for 7-Eleven stores to begin operations in India. This was quickly followed up with the Group’s announcement of the 7-Eleven India CEO a month lat...
Online grocer now delivers to 26 cities in India. Targeting to double its revenue by 2020 Leading Indian online grocer Big Basket recently announced its aim to double turnover by FY20. At the launch of its latest operations centre in Kochi, its CEO Mr. Hari Menon, disclosed that sales revenue in 2019 was about US$460m and it is targeting to earn US$904m by the end of 2020. To support its...
Retailer gains an immediate presence in Mumbai, Bengaluru and Pune. Deal estimated to be worth US$43m Spencer’s Retail, owned by RPG Enterprises, announced that it will acquire convenience retailer Nature’s Basket from Godrej Industries. The deal is estimated to be valued at US$43m and is awaiting approval from shareholders of both companies. The RPG Group currently operates 156 supermar...

This in-depth guide to India explores the key trends in grocery retail and the growth strategies of the leading retailers in the country.

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Presentations

A guide to Asia’s leading large format retailers and markets that hold the greatest growth potential for the channel
We review the five big trends that we identified at the start of 2019, plus provide insight on the latest performance of Asia's leading grocery retailers.
This year, Ramadan began on 5th May and ended on 4th June. We review the activity retailers and suppliers have used to boost sales during this important trading period.
We forecast current and future online grocery sales in Asia’s leading grocery markets, as well as examine the initiatives in the top markets that will continue to shape future development.
Online partnerships is one of the key trends shaping the landscape of grocery retailing in Asia. We review the types of partnerships that are forming and assess five of the most significant alliances in the region.
We review CP Group's current performance, its growth forecasts for the next five years, plus progress against key strategic objectives.
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