Category — Retail
After two years of testing experiments, Japanese multinational electronics corporation Panasonic, headquartered in Kadoma, Osaka, has launched a washing machine especially for India’s consumers.
Panasonic said the introduction of a ‘curry’ button followed complaints from customers struggling to fully get curry stains off their clothes. Panasonic researchers analyzed what went into a typical Indian household’s curry dish, and then tried to establish the optimal time and water temperature required to remove the stains.The machine has five other cycles aimed at the Indian consumer, including one to remove traces of hair oil, reports BBC News.
5,000 ‘StainMaster’ machines priced at $330 were sold so far. The company is planning similar machines for other Asian markets too, tackling stains specific to those countries.
March 20, 2017 No Comments
28-year old Manisha Badekar runs a design and tailoring shop in Supane, a village in India’s western state of Maharashtra. Though she is well-versed in basic tailoring, Badekar has never been to a design school. Yet, her advanced design learning has been via a smartphone, which she uses to look up designs and re-create them. She is the first both in her family, and among the women in Supane from her generation, to use a smartphone and access the Internet. Badekar also keeps in touch with friends on WhatsApp which she accesses on a 4G connection. She says, “I think everybody should learn how to use the Internet. ”
Another 28-year old from the same region, Monali Shinde, spouse of a soldier in the Indian Army, is excited about the smartphone. Though she doesn’t own one herself, she uses one belonging to Asha Kamle, a well-respected woman in the village who has taught many women how to use smartphones. Shinde is an Arts graduate and a teacher by profession. Interested in design, she learned how to cut fabrics, and paper, and also how to fashion mehendi (henna) designs, and clothes designs. “I used to be so excited, every evening, when I had time for a half hour or an hour, I used to come sit with Tai (Kamle is respectfully referred to as ‘older sister’) and learn,” Shinde says. Aside from learning about possible home businesses, she wants to use the Internet to teach her children. “It is a really a useful way for them to learn, with pictures, and videos,” she says.
In the same village of Supane, is 33-year old Pallavi Kamble, whose husband is a daily wage earner. She has discovered recipes on the smartphone which she tries out at home to entice her children to eat their vegetables (which they hate)! She doesn’t own a smartphone buts looks forward to a time when smartphones will be available in a range of $38 – $45 so that she can buy one, reports The Hindu.
March 20, 2017 No Comments
The Goods and Services Tax (GST) Council has decided “to provide for up to 1 percent Tax Collected at Source” for e-commerce companies, a senior government official explained. The supplier of goods can set off the tax against its final GST liability, and so theoretically, the levy can be even lower than 1 percent. The tax provision will allow authorities to track transactions carried out through e-commerce platforms and ensure compliance.
Morgan Stanley estimates India’s e-commerce market will surge to $119 billion by 2020. The government sees e-commerce as having a huge potential for job creation by providing market access to small entrepreneurs and businesses that would find setting up physical retail establishments too expensive, reports the Economic Times.
March 15, 2017 No Comments
PayTM, a consumer shopping Android app has launched an e-commerce mall modeled on TMall, China’s dominant e-commerce platform. With Alibaba’s and SAIF Partners‘ infusion of $200 million into Paytm, an Indian payment and commerce company based out of Delhi NCR, the company is now valued at $1 billion.
Paytm e-commerce aims to offer 1 billion products from all across the globe to its shopping cart by the festive season in India that starts in August. It plans to bring sellers from Southeast Asia, especially from Alibaba’s other investments such as e-commerce major Lazada in Indonesia. Market sources cite Amazon as having about 500 million products on its platform, while Flipkart and Snapdeal have about 50 million products each.
Paytm has already set up 17 fulfillment centers and 40 courier partners for speedy service as the company aims to dominate the Indian online shopping market, reports Business Standard.
March 4, 2017 No Comments
With its business growing rapidly in India, Unnat Varma, managing director, Pizza Hut, India said it was time to consolidate. “In the long-term, India is one of our most important markets. In the medium term, we plan to double the number of stores. We currently have 360 restaurants across 100 cities. We will double that to over 700 in the next five years,” said Varma.
Consumer sentiments continue to evolve. “Five to six years ago, the western food format stood third in preferences after Indian and Chinese, and within that pizza was the highest. Recent studies show pizza is the biggest category, and has become the most accepted food across all consumer categories,” he added.
Pizza Hut, India is also focused on growing its online sales, which has seen a rise since demonetization in November, reports india.com
February 13, 2017 No Comments