Articles

Hero MotoCorp likely to sell Harley-Davidson bikes; FADA calls for Franchise Protection Act

Opportunity India Desk Sep 28, 2020 - 3 min read

Harley-Davidson will likely enter into a distribution arrangement with Hero MotoCorp, allowing the Indian company to import and sell Harley bikes as its sole distributor. This distribution deal will permit Harley-Davidson’s motorcycles to be sold in India after the Milwaukee-based company stops local manufacturing in India. One of the sources said, “Hero will be the ...

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upGrad appoints Saranjit Sangar as CEO - UK, Europe & Middle East

Opportunity India Desk Sep 28, 2020 - 3 min read

upGrad, India’s largest online higher education company, in a move to strengthen its penetration into the international markets, announced the appointment of Saranjit Sangar as the CEO - UK, Europe, and the Middle East. Saranjit is an experienced leader with a diverse international career across e-commerce (Amazon, UK), last-mile logistics (Amazon, UK, and Honestbee, Singapore), ...

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Gaming & entertainment centre SMAAASH shuts operations due to financial crisis

Opportunity India Desk Sep 25, 2020 - 2 min read

SMAAASH, the popular Indian gaming and entertainment centre operator, is shutting down its operations due to the financial crisis. The decision to shut operations came amid continued lockdown, caused by the COVID-19 pandemic, and dwindling footfall in malls. SMAAASH, which had Sachin Tendulkar as its brand ambassador, was struggling to stay afloat for the last few ...

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Cashify opens 5 new stores & embarks on franchise retail strategy

Opportunity India Desk Sep 25, 2020 - 2 min read

Cashify, India’s leading re-commerce marketplace that sells and buys used electronic gadgets, has opened 5 new stores amid the ongoing pandemic - 2 in Mumbai (Virar West & Bhyander), 1 in Delhi (Dwarka), 1 in Gurgaon (Huda Market) and 1 in Ranchi (Lalpur). The new stores have taken up Cashify’s kiosk and store count to ...

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Harley-Davidson quits India, leaves Dealers clueless

Opportunity India Desk Sep 25, 2020 - 3 min read

After 11 years of operations in India, Harley-Davidson Motor Co. is making its way out from the Indian market. As part of a global restructuring plan, the motorcycle brand is halting manufacturing and massively scaling back its sales operations in India, the world's biggest motorcycle market. In August, an Iconic American motorcycle maker had hinted at ...

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Kia Motors unveils new dealer-led mobility service in Italy & Russia

Opportunity India Desk Sep 21, 2020 - 1 min read

Kia Motors has unveiled a new dealer-led mobility service ‘KiaMobility’. ‘KiaMobility’ rental service permits users to rent vehicles from dealers for as low as a day or up to one year. For the new mobility service, Kia created its own fleet management platform. This platform is designed to offer personalised service for customers for reserving ...

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Skoda Auto eyes to expand its dealer network in India

Opportunity India Desk Sep 21, 2020 - 1 min read

Skoda Auto India is aiming to strengthen its presence in India. The Czech carmaker will be expanding its dealer network in the country in order to target digital sales growth. Zac Hollis, Brand Director, Skoda Auto India, said at a virtual conference, “Our original plan was to have 124 new dealers by the end of ...

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The Challenges faced by the Indian Service Sector Enterprises

Opportunity India Desk Sep 21, 2020 - 5 min read

The Indian Service Sector Enterprise is a rarely spoken of the segment, although it comprises of some of the most significant sectors of the Indian economy. These include the Travel and Hospitality, Beauty and Wellness, Healthcare, Finance, Business, Real Estate, Transport, and Logistics, as well as technology and communication service providers, most of which fall ...

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Nestle India unveils initiative to support entrepreneurs through kiosk business model

Opportunity India Desk Sep 11, 2020 - 2 min read

Nestlé India has launched an initiative, ‘Entrepreneurship for YOUth’, for helping aspiring entrepreneurs through its kiosk business model. This move is a part of Nestlé’s global youth initiative, ‘Nestlé Needs YOUth’, which targets to develop job opportunities and nurture budding entrepreneurs through its kiosk business model. This initiative has been launched to support the ...

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Nestaway introduces franchise business model for expansion in smaller cities

Opportunity India Desk Sep 11, 2020 - 2 min read

Nestaway Technologies, an online home rental company, has started a franchise business model in order to expand into the smaller cities and towns in India. The development comes after seeing a three times uptick in owner requests from smaller towns and cities. The company said more than 10,000 people have vacated their rental homes ...

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