Indian retail massive shift to online

INTO INDIA has previously commented on the changing face of retail in India. Now here is the BIG NEWS:

The Indian online grocery market is estimated to exceed sales of US$3.19 billion in 2020.

This is a massive 76% jump over the previous year.

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FMCG retail in India is being transformed – and it is not just Covid 19 – new younger urban consumers prefer tech shopping.

Flipkart is the biggest online retailer with about 38% market share, closely followed by Amazon.

For Australian businesses, Austrade has established The Australian Store at Amazon India.

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Author: Stephen Manallack

Former President, Australia India Business Council, Victoria and Author, You Can Communicate; Riding the Elephant; Soft Skills for a Flat World (published by Tata McGraw-Hill INDIA); Communicating Your Personal Brand. Director, EastWest Academy Pty Ltd and Trainer/Speaker/Mentor in Leadership, Communication and Cross Cultural Communication. Passionate campaigner for closer western relations with India. Stephen Manallack is a specialist on “Doing Business with India” and advisor/trainer on “Cross-Cultural Understanding”. He is a Director of EastWest Academy Pty Ltd which provides strategic advice and counsel regarding business relations with India. A regular speaker in India on leadership and global communication, his most recent speaking tour included a speech to students of the elite Indian university, Amity University, in Noida. He also spoke at a major Federation of Indian Chambers of Commerce and Industry (FICCI) global summit, the PR Consultants Association of India in Delhi, the Symbiosis University in Pune and Cross-Cultural Training for Sundaram Business Services in Chennai. He has visited India on business missions on 10 occasions and led three major trade missions there. He provides cross-cultural training – Asia and the west.

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