Trends
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Beny Sachdeva Jan 14, 2025 - 8 min readOnce primarily associated with groceries, platforms like Blinkit, Instamart, and Zepto are now embracing an "everything commerce" model, offering products that range from toys to electronics. Driven by increased digital penetration and evolving consumer preferences, this segment is forecasted to expand at an impressive CAGR of 60-80%—a leap from contributing 0.3% of the retail market ...
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TFW Bureau Jan 10, 2025 - 3 min readThe rapid rise of quick commerce is anticipated to create a substantial increase in the need for blue-collar workers, with India projected to require 2.4 million jobs by 2027, according to job matching and hiring platform Indeed. Quick commerce companies hired over 40,000 employees in the last quarter to handle increased festive shopping and e-commerce ...
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TFW Bureau Jan 08, 2025 - 2 min readIndia’s economic growth rate is estimated to slip to a four-year low of 6.4% in 2024-25, mainly on account of poor showing by the manufacturing and services sector, according to government data released on Tuesday. The gross domestic product (GDP) rate of 6.4% will be the lowest since the Covid year ...
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Beny Sachdeva Dec 28, 2024 - 4 min readFranchising, universally acknowledged as a catalyst for accelerated expansion, has emerged as a leading business model across various industries in India. With the country’s unemployment rate recorded at 9.2% as of June 2024 (according to the Centre for Monitoring Indian Economy), more people are exploring franchise-led business opportunities. This model appeals to entrepreneurs due ...
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Beny Sachdeva Dec 28, 2024 - 3 min readZomato, India’s food ordering and delivery platform and Blinkit, a quick commerce entity have announced their 2024 - year end wraps, offering a glimpse into the most popular food choices and ordering trends across India in 2024. Zomato Lookback: How India Ate in 2024 From the overwhelming popularity of biryani to quirky and heartwarming anecdotes, ...
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Opportunity India Desk Jul 23, 2024 - 3 min readThe Budget proposals for Customs Duties intend to support domestic manufacturing, deepen local value addition, promote export competitiveness, and simplify taxation, while keeping the interest of the general public and consumers surmount, said Union Minister of Finance and Corporate Affairs Nirmala Sitharaman in her Budget speech in Parliament today. New Customs Duty rates are proposed ...
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Opportunity India Desk Jul 23, 2024 - 4 min read- This scheme is expected to benefit 2.1 crore youth over 2 years and will provide one-month wage to all persons newly entering the workforce in all formal sectors. - The eligibility limit will be a salary of Rs. 1 lakh per month. - Direct benefit transfer of one-month salary will be up to Rs. ...
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Opportunity India Desk Jul 23, 2024 - 7 min readAs anticipated, the government has announced an all-round and continuous support to strengthen the backbone of the Indian economy, the Micro, Small and Medium Enterprises (MSMEs) sector on Tuesday during its budget presentation for FY 2024-25. From Credit Guarantee to increased MUDRA loan to stress fund and new SIDBI branches in MSME clusters, Union Finance ...
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Opportunity India Desk Feb 01, 2024 - 2 min readPresenting the Union Budget 2024 on Thursday, Finance Minister Nirmala Sitharaman highlighted the significant impact of the Pradhan Mantri Mudra Yojana, informing that 43 crore Mudra loans totaling INR 22.5 crore have been sanctioned, with 30 crore loans specifically benefiting women entrepreneurs. Sitharaman emphasized the role of the PM Mudra Yojana in supporting ...
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Opportunity India Desk Feb 01, 2024 - 1 min readIn her sixth budget speech, Finance Minister Nirmala Sitharaman emphasized the government's commitment to supporting micro, small, and medium enterprises (MSMEs) in their global growth endeavors. Despite the absence of new announcements on credit access, technology adoption, or GST for small businesses, Sitharaman outlined key strategies during the Amrit Kaal for promoting the ...