Articles
-
Opportunity India Desk Feb 02, 2021 - 1 min readRangriti has opened its doors to the households in Jharkhand at Garhwa. The store will reflect a flawless fusion of style and affordability, from a perfect blend of lively colors to beautiful designs, which makes it a shopping lover’s paradise. The store will present Rangriti's new summer Collection, which is about an Indie chic and vibrant look. These quality-driven alluring ...
-
Opportunity India Desk Feb 02, 2021 - 4 min readRetailing in India has gone through major changes that brought the lifestyle category products. The shift from organized to unorganized has even brought in a huge market for fashion jewellery. Earlier, the fashion jewellery was looked at as an imitation or costume jewellery which catered the unorganized sector aiming at people who could not afford ...
-
Opportunity India Desk Feb 01, 2021 - 4 min readThe pharmacy business has arisen as quite possibly the most profitable segment in the healthcare industry. Experts of the healthcare industry accept the fact that India is soon becoming one of the top ten nations in terms of individual medical expenditure. Medicine spending in India is projected to grow 9-12 percent over the ...
-
Opportunity India Desk Feb 01, 2021 - 7 min readBefore entering the pharmaceutical business as a retailer, there always a question that ‘What profit margin one can earn being in this business’. If we are talking about the profit margins, they are set by the pharmaceutical company but most of the time, profit margins depend upon the market condition and demand. Profit ...
-
Opportunity India Desk Feb 01, 2021 - 5 min readIn the Union Budget 2021-22, Union Finance Minister Nirmala Sitharaman has made a provision of Rs 15,700 crore for the Ministry of Micro, Small and Medium Enterprises (MSME) sector. While presenting the Union Budget in the Parliament, Sitharaman said, “We have taken a number of steps to support the MSME sector in this budget. I have provided Rs 15,700 ...
-
Opportunity India Desk Feb 01, 2021 - 2 min readFood innovation startup Samiyosa is set to raise Rs 5 Crores from a group of angel investors and early-stage funds, to be used over a period of 12-15 months for franchise building, advertising and creating a strong foothold in new geographies. The funding will be used to invest massively on marketing, more on R&D of ...
-
Opportunity India Desk Feb 01, 2021 - 3 min readKeeping its commitment to talent and recognising leaders, OYO Hotels & Homes has elevated Sharad Saxena, a young talented professional originally from New Delhi to SVP & COO, India & South Asia, Franchise Business. This development is aligned with the company’s commitment to delivering an enhanced customer, partner, and employee experience as it emerges as ...
-
Opportunity India Desk Feb 01, 2021 - 6 min readThe unprecedented COVID-19 outbreak has put a brake on all the industries across the globe. A report of the Union Ministry of Statistics and Programme Implementation (MoSPI) showed that the Indian economy contracted by 23.9% in the April–June quarter. The breakdown of the GDP data outlined that the construction sector was the hardest hit followed ...
-
Opportunity India Desk Jan 29, 2021 - 3 min readSince the inception, the concept of franchising has flourished and has been perhaps the most pursued model of operating a business. In recent years, franchising has become one of the favorites of every sort of entrepreneur due to the various advantages that it gives to businesspeople such as, they don’t have to start ...
-
Opportunity India Desk Jan 29, 2021 - 4 min readSelecting the right location for your franchise business can be a hard decision to make but on the other hand, if you choose the right spot, it can be a key to success fr your franchise business. All of your entrepreneurial skills will go in vain if your business is not able to ...