cosmetics business plan in india

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How to Start a Cosmetic Business in India: 2024 Guide

The cosmetic industry has a market size that is projected to reach $393.75 billion by 2023, growing at a CAGR of 5.8-9.8 percent from 2030 to 2032. Due to the popularization of e-commerce and social platforms, the need for new and specialized beauty products has only grown. If you're considering starting a cosmetic business, now is an opportune time to capitalize on this trend.

Understanding the Cosmetic Industry Landscape

Some well-known companies that operate in the cosmetic industry include giants like L’Oreal, Unilever and Procter & Gamble. However, society’s current situation is more liberal than it was decades ago, providing opportunities for further progress and revolution. Sustainable beauty, skincare, and inclusivity are new opportunities for start-ups with more established players.

Market Segmentation

The cosmetic industry can be broadly segmented into:

• Skincare (40 percent market share)
• Haircare (24 percent market share)
• Makeup (21 percent market share)
• Fragrances (10 percent market share)
• Others (5 percent market share)

This is estimated information from reports from various sources and can be subjected to change according to market change.

Key Players and Market Share

• L'Oréal (14.9 percent market share)
• Unilever (44 percent market share)
• Procter & Gamble (6 percent market share)
• Estée Lauder Companies (9.5 percent market share)
• Shiseido (6.2 percent market share)

Starting Your Own Cosmetic Business

1. Conduct Market Research

Identify your Target Customer Base for information about demographic stats, psychographic characteristics, and buying habits to focus on the clients you want to target. These include the following Organic products for millennials and long-wearing makeup for professionals are markets. Knowing what drives them to purchase goods and services and what turns them off is very important. Understand the demands and wants of the market by talking to potential customers, reviewing market trends and researching competitors intensively. Lack of niches and customer demands could mean that there is an attractive business opportunity waiting to be exploited. It involves the consideration of emerging trends that can help your brand. Industry Trends to watch for the changes in cultural expectations of beauty, technology being incorporated in the process of formulation and the growing concerns for ecological conservation and diversity. I find that concepts such as clean beauty and individualized skin care have great potential in terms of innovation and sales growth.

2. Develop a Unique Value Proposition

• Innovate with Products: On a competitive basis, stand out from the competition by offering new and innovative ingredients, new varieties of existing products, or multi-purpose products. Healthy botanical ingredients and exceptional factors like biotech incorporation should be useful to make your brand unique.
• Embrace Sustainable Practices: Modern customers are environmentally conscious and as such they will prefer environmentally friendly brands. Employing sustainable and biodegradable containers, sourcing ingredients from responsible companies, and not using animals for testing appeals to modern ethical consumers. Ensuring that the slightest amount of environmental impact is made while still preserving product effectiveness creates customer loyalty.
• Focus on Inclusivity: Measuring and providing a diverse selection of shades and meeting the needs of a variety of customer types and skin colors is important. Inclusiveness holds the key to unlocking competitive advantage in the fiercely contested global economy.

3. Create a Business Plan

• Outline Your Goals: Identify the goals for the short-term and the strategic plans for the future. High market access and slow but persistent market development suitable for the effects of brand differentiation represent a measured strategy. Strategic goals provide direction in the attainment of business objectives.
• Financial Projections: Be very particular with your business start-up expenses, projected annual income and potential breakeven. Addressing manufacturing costs, marketing expenses and probable funding proves viable to have a thorough planning.
• Marketing Strategy: Begin to construct a detailed business plan that defines how new products will be launched, advertised and managed for communicating with customers. The effective use of influencers and advertising through social networks and the Internet strengthens a strong brand image.

4. Choose a Business Model

• E-commerce: Choose the pure-play strategy to target Internet users globally with negligible operating costs. Platforms like Shopify, Amazon, and BigCommerce act as customer e-commerce platforms.
• Brick-and-Mortar : Acquire geographical locations to give customers a tangible feel of the products they intend to buy. This approach is particularly useful for luxury or what can be referred to as experiential brands with physical experiences to offer.
• Hybrid Approach: Combine online and offline strategies to maximize reach and customer engagement. Integrating both channels creates a cohesive and versatile brand experience.

5. Formulate and Manufacture Products

• Partner with Contract Manufacturers: Collaborate with reputable manufacturers to leverage their expertise, facilities, and economies of scale. Compliance with quality standards and regulatory requirements ensures high product standards.
• Establish In-House Production: Set up your own manufacturing unit for greater control over production processes, quality, and innovation. Investing in necessary resources and expertise maintains high standards of production.
• Focus on R&D: Invest in research and development to continually innovate and improve your product offerings. Staying ahead of the competition through constant innovation solidifies market position.

6. Licenses and Certifications

• Regulatory Compliance: Understand the regulations governing cosmetic products in your target markets. This includes FDA regulations in the U.S., EU Cosmetic Regulations in Europe, and other regional guidelines. Adhering to these standards ensures market readiness.
• Safety Testing: Ensure your products undergo rigorous safety and efficacy testing. Partnering with certified labs for dermatological testing, stability testing, and allergen screening validates product safety.
• Labeling and Packaging Requirements: Adhere to labeling guidelines, including ingredient lists, usage instructions, and cautionary statements. Meeting packaging safety standards while appealing to consumers is critical.

7. Build a Strong E-commerce platform

• Leverage Social Media: Utilize platforms like Instagram, Facebook, and YouTube to create engaging content, connect with influencers, and build a community around your brand. A dynamic social media strategy enhances brand visibility.
• Optimize E-commerce Platforms: Ensure your online store is user-friendly, mobile-optimized, and secure. Implementing SEO strategies improves visibility and attracts organic traffic. A seamless user experience fosters customer retention.
• Engage with Customers: Foster customer loyalty through personalized marketing, responsive customer service, and loyalty programs. Transforming one-time buyers into brand advocates strengthens your brand’s market position.

Challenges and Opportunities

• Competition: The cosmetic industry is an active market in which both giants and newcomers and small-levered companies actively act. Sustaining yourself out here is not easy, and, therefore, coming up with mechanisms to beat the competition is a must do. Aim high, today’s business needs to create products that elicit the emotional side of the consumer. Utilise hostile but efficient and intense promotional tactics. Creating a brand image that is different from that of your competitor, one that captures the consumer’s attention and provides a reason for their attention that cannot be matched is useful. Be picky with your choice, or focus on some under developed segment of people, or extraordinary goods and services to stand out.
• Regulatory Compliance: The issue of regulation of cosmetics is a rather complex one and therefore involves a daunting task of wading through a maze. Observance of safety and labeling regulations is mandatory and differs depending on the country which introduces additional levels of difficulty. Innovators must be particularly detailed on standards that are provided by bodies such as the FDA in the US or the EMA. This requires product testing, properly labeling the products, and record keeping among other things. It is a risky business; failure to meet the requirements can lead to product recalls, litigations, and battered image. The specific issue here is business regulation and it is crucial to follow and undergo changes in these regulations.
• Sustainability: In an era where the awareness of the environment influences purchasing decisions, the management of the company is not just a trend—it is a necessity. Seize the tremendous and continuously growing market for environmentally and socially conscious products and integrate sustainability within your brand’s values. This entails obtaining raw materials from fairly sourced suppliers, carrying out production using methods that will not harm the environment and packaging of products in reusable or biodegradable material. However, sustainability refers to environmental impact, labor welfare, and the community. Sustainability efforts should not be fake but sincere since the consumers have the ability to differentiate between the two. It is possible to create a strong association between your brand and such values as transparency and sustainability, which will definitely make people choose you.

Final Thought

At IndianRetailer, we understand starting a cosmetic business requires careful planning, research, and execution. By understanding the industry landscape, market segmentation, and key players, you can position your brand for success. If you get ready to respond to the potential challenges in the context of the new tendencies and consumer preferences you become ready to reveal the potential of the cosmetic industry.

1. How much does it cost to start a cosmetic business?

So for starting a cosmetic business in India, you will need a minimum of Rs 7 lakhs - Rs 10 lakhs initially. The investment will be put into renting a place, renovations, buying the inventory, utility bills, salaries, logistics and miscellaneous expenses.

2. Who has the biggest market share in the beauty industry?

L'Oréal is the leading beauty products company with over $40 billion in global sales (Statista). L'Oréal remains the top player in the beauty industry, with around $18 billion more in sales than second-place Unilever.

3. What is the rank of Unilever in the world?

Ranks #5 globally in the personal products category, and is ranked among the top 10 percent of S&P Global ESG Score companies as per DJSI Yearbook 2024—a member of DJSI Emerging Markets Index.

4. Who is bigger Unilever or PG?

Unilever and Procter & Gamble are two of the biggest multinational consumer goods brands in the world and, together, they are responsible for most products in your local supermarket. As of March 2018, Unilever is valued at $143.9 billion and P&G is valued at $228.1 billion.

5. Which country is best for cosmetics?

While there are cultural differences in each country, consumers demand high-quality in beauty products. According to one survey, the highest-quality beauty products come from Japan, the United States, and France.

• cosmetics industry
• Cosmetics Market
• Hindustan Unilever

Red wines have long been appreciated for their rich aromas, nuanced flavors, and unique drinking experience. The middle class and increased demand for premium wines have driven substantial expansion in India's red wine sector. India's market for alcoholic beverages was estimated to be worth $55 billion in 2023. By 2027, the industry is predicted to have grown at a CAGR of 7 percent and reach $73 billion. Both domestic and foreign red wine brands have grown significantly in popularity as tastes change. Here are the top 10 red wine brands available in India as of 2024.

Top 10 Best Red Wine Brands in India 2024

Find the best red wine brands in India with our top 10 picks. Enhance your inventory with these top selections and stay ahead of market trends!

1. Jacobs Creek

Classic Shiraz

Reserve Cabernet Sauvignon

Double Barrel Shiraz

Manufacturer: Jacob's Creek

Winery : Jacob's Creek Winery, Barossa Valley

Jacob’s Creek is a luxurious winemaking brand that belongs to the Pernod Ricard group. It was founded by Johann Gramp in 1847. The brand comes from the Barossa Valley in South Australia and is one of the most famous brands in India. Jacob's Creek winemakers strive to produce wines that are a true expression of the terrain as well as the suitable climate of the Barossa Valley. Their wines have a robust taste and sometimes include notes of ripe berries, subtle oak, and spice. The main components are Shiraz and Cabernet Sauvignon grapes, which are grown with the utmost care and attention to detail to ensure only the best quality. The Jacob’s Creek winery is home to the largest onsite winery combined with a D solar installation. They follow sustainable winegrowing, which enables them to produce high-quality wines while meeting environmentally responsible standards around biodiversity, soil, water, and energy.

Read More: Scotch vs. Whisky: The Key Differences Explained

2. Fratelli

Sangiovese Bianco

Manufacturer: Fratelli Wines

Winery: Fratelli Vineyards, Maharashtra

Fratelli Wines is a wine brand established in 2006 and was founded by the collaboration of the Secci brothers from Italy with the Sekhri and Mohite-Patil brothers from India. They hold a 240-acre vineyard in the region of Akluj, Maharashtra, from where Fratelli is based. It combines Italian wine-making skills with Indian terroir. The wines are skillfully made, and they have a complex color with notes of dark fruits, spices, and earth. Key ingredients are Shiraz, Sangiovese, and Merlot grapes, which are so sturdy and have such rich taste that they are the most popular among wine lovers. Fratelli is known for India’s largest privately owned wine estate. The winery's high-tech laboratory also ensures the highest level of quality and discipline are maintained at each and every step of the manufacturing process.

Read More:  Top Whisky Brands in India for 2024 | ABV%

Sula Rasa Shiraz

Dindori Reserve Shiraz

Satori Merlot

Manufacturer: Sula Vineyards

Winery: Sula Vineyards, Nashik

Sula Vineyards was established by Rajeev Samant in 1999, and in a short span of time, the company has turned out to be the largest wine producer in India. Sula is India’s leading wine company, spearheading the distribution of wine from India across the world. The brand is headquartered in Nashik, Maharashtra, and is known for its quality and innovation in Indian winemaking. Among their red wines, the ones are awarded for rich, fruity flavors with notes of spice and oak. The grapes used are Shiraz and Merlot, the ones selected for their ability to produce strong and flavorful wines. Sula is one of the most sustainable winemaking brands in the world, with more than 2 MW of solar PV installed. 

4.  Aurva Chandon

Variants: Aurva

Manufacturer: Chandon India

Winery: Chandon Winery, Maharashtra

Chandon is a winemaking brand that is part of Moët Hennessy (LVMH) company, which was established in 1959 by Robert Jean de Vogue. The Indian operations are based in Nashik, Maharashtra. Chandon Aurva is a new adventure for our Maverick brand. Aurva is something added to introduce to India and the world. Made with the historic Shiraz grape, a collaboration between an Indian and an Australian winemaker includes grilled and barbecued meats, lamb shawarma, and full-flavoured curries such as chicken tikka masala. Chandon is the first offering from Moët Hennessy to be made in India and is now available across 22 cities in India. 

Rivera Syrah

Rivera Cabernet Sauvignon

Rivera Merlot

Manufacturer: Rivera Wines

Winery: Rivera Vineyards, Maharashtra

Riviera Wines is a wine company that has red wines that are the reflection of Indian winemaker art in viticulture, was established in 1982 by Shamrao Chougule. The brand is based in Mumbai, Maharashtra. Rivera is a company that is well-known for showing its commitment to producing high-quality wines. The red wine is based on the Shiraz grape which has black pepper and plum fruit aromas, whereas the white wine is based on Chenin blanc with aroma of fresh fruit. The leading varieties of grapes include Syrah, Cabernet Sauvignon, and Merlot. Their selectively matured grapes are handpicked and transported to the winery mostly at night and crushed early in the morning when still cold.

6. Grover Zampa

Vijay Amritraj Reserve Collection

Manufacturer: Grover Zampa Vineyards

Winery: Grover Zampa Vineyards, Nandi Hills, and Nashik

Grover Zampa Vineyards stands at the forefront of Indian wine, and its headquarters are in Bangalore, Karnataka. It was established by Kanwal Grover. In 1992, the first vineyard was set up. The popular Zampa range was launched in 2008 and owns the award-winning Zampa Soirée wine. Their wines display great depth and poetic expression, which are reminiscent of the flavors palette of dark berries, spices, and oak. The grapes used, such as Shiraz and Cabernet Sauvignon, are meticulously chosen to ensure that a premium wine is the result. The wines of this brand are created with an uncompromising and passionate focus on quality and attention to detail in all aspects, which permits the vineyard to express its true potential.

7. Four Seasons

Four Seasons Barrique Reserve Shiraz

Four Seasons Merlot

Four Seasons Viognier

Manufacturer: Four Seasons Vineyards

Winery: Four Seasons Vineyards, Baramati, Maharashtra

Four Seasons is a vineyard that is owned by United Spirits Ltd. (Diageo Group) and was established in 2006. The wines originate in Baramati, Maharashtra, a town rich in poetry and history, both of which are essential ingredients in winemaking. Four Seasons produces wines that are both sophisticated and characterful, with dark fruit, spice, and oak as the main notes. The primary grape varieties used are Shiraz, Merlot, and Viognier, which were grown in the Baramati area. Four Seasons has won 48 international awards in the wine circuit since its inception.

8. Big Banyan

Big Banyan Merlot

Big Banyan Shiraz

Big Banyan Cabernet Sauvignon

Manufacturer: Big Banyan Wines

Winery: Big Banyan Vineyards, Goa

Big Banyan Wines is a winemaking brand that is part of John Distilleries Pvt. Ltd., which was established in 1996. Bangalore, Karnataka is their base, and their wines are well-known for their powerful flavors with ripe fruit and spice notes. The first winery was set up in Goa, and they have launched a winery in Bengaluru. The main grapes that are used are Merlot, Shiraz, and Cabernet Sauvignon, which are grown in such a way that they produce a wine with a lot of character and a complex flavor. Big Banyan has won six trophies at the IWCCA.

Dia is a winemaking brand that is part of Sula Vineyards, which was established by Rajeev Samant in 1999. Based in Nashik, Maharashtra, Dia wines are known for their light, fruity flavors, and lower alcohol content. The wines often feature notes of fresh fruits and a crisp finish. The major blends used ensure a balanced and approachable wine. Sula recently launched the Dia Red Wine Sparkler, which comes in a can. The brand makes wines with ultimate respect to the environment, following sustainable practices.

Arros Cabernet Shiraz

Arros Shiraz

Arros Merlot

Manufacturer: Good Drop Wine Cellars

Winery: Good Drop Vineyards, Nashik

Arros is a red wine manufactured by York Winery, which is headquartered in Nashik, Maharashtra, Arros is a reserve blend of Shiraz and Cabernet Sauvignon. Arros is the flagship red wine of York Winery and is composed of the best barrels from the best vintages making its production very limited to less than 10000 bottles. The nose of the wine has lifted a jammy, sweet vanilla and Christmas cake palette with hints of nutmeg, cloves, blackcurrant, and coffee. It is aged for 12-15 months. The primary grapes used include Shiraz and Cabernet Sauvignon, chosen for their robust characteristics.

At Indian Retailer, we see how this Indian red wine market is diverse and evolving, with both domestic and international brands offering an impressive range of flavors and styles. Whether you prefer the bold notes of a Shiraz or the subtle elegance of a Merlot, these top 10 red wine brands in India provide an excellent starting point for exploring the rich tapestry of red wines available in India. Cheers to discovering your next favorite bottle!

FAQs on the Top 10 Indian Red Wine Brands

1. What is red wine?

Red wine is an alcoholic drink with a deep red color that comes from dark-colored grapes. To produce red wine, winemakers ferment crushed grapes, including the grape skin. Yeast grows and takes in the natural sugars, converting them into alcohol. The grape skin gives red wine some of its color and flavor.

2. Which is the largest distributor of wine in India?

Brindco Sales Limited is one of the largest distributors of wine in India, known for its extensive distribution network and wide range of imported and domestic wines.

3. Which is the richest red wine in India? 

Zampa Insignia is one of the finest and most expensive red wines in India, priced around Rs 5000 per bottle.

4. Who can import wine in India?

In India, only licensed importers and authorized distributors can import wine. These entities must obtain a license from the Directorate General of Foreign Trade (DGFT) and comply with state excise regulations.

• Wine Industry
• Grover wines
• Consumer Business

The Indian furniture market is undergoing a remarkable transformation, driven by evolving consumer preferences and global influences. As we witness this shift, it's clear that the industry is not just growing—it's reinventing itself to meet the sophisticated demands of a new generation of consumers.

The Growth Story: A Market on the Move

India's furniture industry is on an impressive trajectory, with projections indicating a revenue of $5.48 billion in 2024. This sector is set to expand at a compelling 6.42 percent compound annual growth rate over the next five years. The home décor segment stands out as the largest contributor, expected to account for $1.95 billion of the total market volume in 2024. While these figures are impressive, they also highlight the immense potential for growth when compared to global leaders like the United States, which is estimated to generate $263 billion in revenue in 2024.

The Winds of Change: Factors Shaping Consumer Preferences

Several key factors are influencing this shift towards international furniture trends:

Digital Marketplace Revolution: The internet has transformed how Indians shop for furniture. As one of the world's largest digital markets, India offers unparalleled reach for businesses, especially in smaller cities and towns. Online platforms have made a wide range of styles and brands accessible to consumers across the country.

Eco-Conscious Consumerism: Environmental awareness is on the rise among Indian buyers. This has led to increased demand for furniture made from sustainable materials like bamboo, responsibly sourced hardwoods, and upcycled materials. Manufacturers are adapting their practices to align with these evolving preferences.

Tech-Integrated Living Spaces: The Internet of Things (IoT) has made its way into our furniture. From sofas with built-in charging stations to wardrobes with smart lighting, tech-integrated furniture is gaining popularity among India's tech-savvy population.

Space-Efficient Solutions: As urban living spaces shrink, the demand for clever, multifunctional furniture is growing. Modular designs, convertible pieces, and innovative storage solutions are becoming increasingly sought after, reflecting a global trend towards efficient living.

The Socio-Economic Catalyst

The shift towards international furniture trends is not just about changing tastes—it's deeply rooted in India's socio-economic evolution. The growth of nuclear families, the rise in double-income households, and overall economic progress have increased the willingness to invest in home lifestyle products. There's a psychological need for comfort and luxury that aligns perfectly with global design aesthetics.

Bridging Global and Local Tastes

As Indian consumers embrace international furniture trends, retailers and design centers are adapting to meet this evolving demand. Many are now offering a diverse mix of national and global brands, showcasing styles from across the world. This shift is evident in the increasing availability of furniture and decor from various countries, including Turkey, Italy, Germany, France, and the United States. 

The range of styles available has also expanded significantly. Indian consumers can now choose from Scandinavian minimalism, vintage-inspired pieces, traditional designs, and bohemian aesthetics, all within the same retail space. This variety reflects the growing sophistication of the Indian market and its alignment with global design sensibilities. 

Looking Ahead: The Future of Furniture in India

As we look to the future, it's clear that the Indian furniture market will continue to evolve, influenced by global trends but shaped by local preferences. The integration of smart technology, the demand for sustainable products, and the desire for multifunctional pieces will likely drive innovation in the industry. For consumers, this shift presents an exciting opportunity to explore diverse styles and create truly personalized living spaces. For businesses, it's a call to adapt, innovate, and cater to a market that's increasingly global in its outlook.

Authored By

Dr. Mahesh M, CEO, Creaticity

• global brands
• Consumer Behaviour
• Global trends

Raymond, a brand synonymous with quality and heritage in India, is not just resting on its laurels. The company has embarked on a technological revolution, integrating AI and omnichannel commerce to ensure that it stays relevant and competitive in today’s fast-paced retail environment. In an in-depth discussion with Ravi Hudda, Chief Technology Officer, Raymond, we delve into how the company is embracing the future.

Omnichannel Commerce: Meeting Consumers Where They Are

In today’s retail landscape, the line between online and offline shopping is increasingly blurred. Hudda explains, "Omnichannel has become a necessity from a consumer perspective. Today, consumers crave a physical experience in-store as much as they appreciate the convenience of browsing websites or marketplaces. To remain in the consumer’s consideration set, a diverse strategy to attract and capture consumers across various channels is essential."

Raymond's journey towards an omnichannel strategy began well before the pandemic, but it was COVID-19 that accelerated the process. "Standalone channels, both online and offline, have been operating in India since 2015 and 2016," Hudda notes, "but COVID put the entire omnichannel journey on steroids. Physical retail consumers wanted to engage with brands, and online became a very big touchpoint. Once restrictions eased, we saw a surge in consumers returning to physical stores, leading to a phenomenon we call ‘revenge buying’."

Raymond's omnichannel strategy now spans across its vast retail network of approximately 1,500 exclusive brand outlets (EBOs), shop-in-shop formats, and franchisee stores. The brand is also present across all major e-commerce marketplaces and runs its own direct-to-consumer (D2C) website. "If you combine all retail touchpoints, we have more than 20,000 across the country," says Hudda, highlighting the sheer scale of Raymond's reach.

The Power of AI

As Raymond expanded its omnichannel presence, the need for deeper consumer insights became apparent. Enter Staqu, an AI-powered retail analytics platform that the company has integrated into its stores. "We all know that AI has huge potential," Hudda states. "When a consumer visits our website, we get full insights—where they come from, what pages they land on, what products they view, and their conversion rates. But what about in-store? We wanted to understand consumer journeys in our stores—when they arrive, who they are, how much time they spend, and their conversion rates."

Staqu’s Jarvis, a video analytics solution, provided the perfect answer. Atul Rai, Co-founder and CEO, Staqu, explains, "Raymond already had cameras in its stores, so the idea was to leverage this existing infrastructure. We connected the feed to the cloud, where Jarvis analyzes the data. The AI tracks footfall, identifies unique visitors (excluding employees), and analyzes consumer behavior within the store."

This technology allows Raymond to create heatmaps of store sections, track which products attract the most attention, and measure how long consumers engage with these products. "This is information you typically get from online shopping, but offline stores were missing out on it," says Rai. "Now, cameras play a powerful role in providing this data, helping the company optimize their store layouts and product placements."

Ensuring Privacy in a Data-Driven World

With the increasing use of AI and data analytics, privacy concerns are at the forefront. Both Hudda and Rai emphasize Raymond’s commitment to consumer privacy. "In India, we follow GDPR guidelines, even though there isn’t a data protection law in place yet," Rai assures. "We’re the only company in the country that is GDPR compliant, getting audited monthly to ensure we’re up to standard."

The data collected by Jarvis is anonymized and does not include any personally identifiable information (PII). "We do not collect data related to faces or any other re-identifiable markers," Rai explains. "The data is stored on Raymond’s cloud, and Staqu does not have access to it. This ensures that Raymond maintains full control over their consumer data, safeguarding it within their firewall."

Hudda adds, "Think of it as a watchman sitting outside the store counting the number of people entering. He’s not interested in faces, just the numbers. That’s how we use AI—purely to enhance consumer experience without compromising privacy."

Measuring Success

For Raymond, the integration of AI is not just about staying ahead of the curve; it’s about tangible results. "Any investment in technology is measured on ROI," Hudda states. "For instance, if I have two stores in different locations and one has a lower conversion rate, I can analyze whether customers are not spending enough time in the right sections or if our staff needs better training in cross-selling and upselling."

Furthermore, the insights from Jarvis enable Raymond to make more informed decisions about store displays, visual merchandising, and even marketing campaigns. "My marketing dollars are becoming more efficient because I can measure the impact of each campaign," Hudda says. "I can refine those campaigns to create better footfalls and conversions."

Expanding Tech Horizons

Raymond is not stopping at just AI-powered analytics. The brand is actively exploring other technological innovations to enhance customer experience. "We are working on multiple generative AI solutions to make the consumer journey easier, more interactive, and engaging," Hudda reveals. While he remains tight-lipped about specific details, it’s clear that the company is gearing up to announce significant progress in the coming quarters.

As Raymond continues to evolve, embracing technology and innovation, it stays true to its legacy while preparing for the future. By integrating AI and omnichannel strategies, the brand is not just meeting consumer expectations but setting new standards in the retail industry.

• Raymond Group
• customer insight technology in India
• retail India
• india retail

Gold is a significant part of India. People of our country buy gold not just for investment purposes, but for their fondness and love for the lustrous metal. For decades, Indians bought gold from their family jewellers - those who they trusted for generations, however, today some jewellery brands have established their dominance in the booming market. How and when these top gold  jewellery brands came into being? Here is a curated list of the top 10 gold jewellery brands in India. This article presents all the information you need on the best gold jewellery brand in India.

Read More: How Farah Khan Ali Transformed Indian Jewelry with Bold Designs and Sustainability

Top 10 Gold Jewellery Brands in India

Here is a curated list of top gold Jewellery brands in India. Learn more about the leading jewellers in the market. 

Tanishq, a leading gold jewellery brand in India, was founded in 1994. It is a division of Titan Company. This Indian jewellery brand has its headquarters in Bengaluru. Xerxes Desai is the founder of the jewellery brand. Tanishq has a presence across more than 410 retail stores in 240 cities in India, UAE, the US, Singapore, and Qatar. International expansion started with its first store in the UAE, around  COVID-19 pandemic. The company has launched a sub-brand called Rivaah, focusing on the wedding sector. Hallmark has granted authentication to Tanishq. The company has been awarded Dot Design as the World's highest honor for product design. 

Recently, Tanishq opened a new store at Omaxe Chowk, Delhi. Check Here

2. Kalyan Jewellers

Kalyan Jewellers , the popular jewellery brand pan-India, has a family legacy in the business. It was launched in 1908. Kalyan Jewellers FZE is the parent company of the gold jewellery brand. T. S. Kalyanaraman is the founder. It opened its first showroom in 1993 in Thrissur, Kerala, and expanded its presence across pan-India in 2012. It started expanding internationally by opening 6 showrooms in the UAE; now the brand has around 30 showrooms in the Middle East (Qatar, Kuwait, Oman). Today the jewellery brand has 137 showrooms, out of which 107 are in India and 30 are in the Middle East part of the world. The brand has been awarded as the most influential brand by DC Books and DC Media. Kalyan collaborated with Amitabh Bachchan as its national brand ambassador. 

Kalyan Jewellers reveals the revenue growth report. Read More Here

3. Malabar 

Malabar is another leading gold jewellery brand in India. M. P. Ahammed is the founder and chairman of Malabar, which launched in 1993. He achieved the Global Excellence award from Defense Minister Nirmala Sitaraman and got recognized with the APCO Group's Haji A.P. Award from Kerala Chief Minister Oomen Chandy. Malabar is present nationally and internationally, making a retail network of more than 350 outlets across 13 countries with 15 other business vertices. India, the Middle East, the Far East, and the US are the countries where Malabar has a strong presence with multiple offices, design centers, wholesale units, and factories. The brand offers 100 percent BIS Hallmark gold in the market. Alia Bhatt was signed up as the brand ambassador for Malabar.

Malabar Gold & Diamonds Expands in UK, Opens Second Showroom in Leicester. Read More Here

4. Reliance Jewels

Reliance Jewels , a top gold jewellery brand in India, was established in 2007. The first launch of the brand was through its showroom opening in Iscon Mall, Ahmedabad. Reliance Retail is the parent company. Reliance Jewels has 400+ stores in showrooms and shop-in shops formats across 200+ cities. The brand deals with only 100 percent BIS Hallmark gold. Reliance Jewels was recognized as ‘Brand of the Decade’ by BARC Asia Awards in 2023.

5. PC Jewellers

PC Jewellers is regarded as the top gold jewellery brand in India. A first-generation business founded by Padam Chand Gupta and Balram Garg. It opened its first showroom in 2005 in Karol Bagh, New Delhi. Today the brand is available across 67 cities in 17 states in India. PC Jewellers is the fastest-growing jewellery retail chain with standalone stores at high-street locations. PC Jewellers featured Akshay Kumar and Twinkle Khanna as their brand ambassadors. The gold jeweller brand was awarded the Niryat Shree Silver Trophy in the gems and jewellery non-MSME category by the Federation of Indian Export Organizations, set up by the Ministry of Commerce and Industry, Government of India.

6. Joyalukkas

Joyalukkas is a leading gold jewellery brand in India. Founded in 2001 by Alukkas Group, the inception happened in 1987 by Alukka Joseph Varghese, who laid the ideology behind the brand. The gold jewellery brand is based in Kerala and Dubai, with more than 160 showrooms in 11 countries around the globe. Including India, the UK, the US, Singapore, Malaysia, the UAE, Qatar, Kuwait, Bahrain, and Oman. Joyalukkas is the first retail jewellery brand to be awarded both the prestigious ISO 9001:2008 and 14001:2004 certifications. Along with that, Joyalukkas has received Dubai Quality Awards Certification from H. H. Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. Actress Kajol has been signed up as the brand ambassador for Joyalukkas.

Senco is another top gold jewellery brand in India. With a legacy of more than 80 years, Senco Gold Limited owns the brand. It was incorporated in 1994 in Kolkata, under the chairmanship of the late Shri Shankar Sen. It was launched under the provisions of the Companies Act, 1956. Today the chairman and director of Senco is Ranjana Sen, representing the gold jewellery brand in more than 16 states with 150 showrooms in India. Senco has earned Jagran Achiever’s Award 2023 for Excellence in Design Innovation in Gold and Diamonds. It partnered with Kiara Advani as the brand ambassador of the brand.

Senco Gold and Diamonds Spearheads 'Make in India' Commitment Through ONDC Integration. Read More Here

8. CaratLane

CaratLane has emerged as the top new-age gold jewellery brand in India, which began its journey as a D2C brand. The brand was incorporated in 2008 by Mithun Sacheti and Srinivasa Gopalan. It has its headquarters in Chennai. CaratLane was acquired by Titan Company in 2016, making it the parent company. The gold jewellery brand is present in more than 100 cities in India with over 270 retail stores. It has an omnichannel presence in the market, providing physical and online retailing. CaratLane has used technology as a way to upscale; for instance, it used applications on smartphones with face recognition and 3D imaging technology for customers to try on the product virtually.

CaratLane's Progressive Ties with PhonePe for Digital Gold Redemption : Read More Here

9. Bluestone

Another D2c jewellery brand that became an omnichannel giant is Bluestone . It has today gained prominence among the best gold jewellery brands in India. The brand was founded by Gaurav Singh Kushwaha. It started with an initial investment from Accel and Saama Capital in 2011, and launched its first store in 2018. Today, it has over 150 stores in India. The gold jewellery brand is shipping internationally to the US, UK, Canada, as well as Australia. Bluestone had been awarded for outstanding e-retail performance in 2024. It signed with Alia Bhatt as its first brand ambassador.

Gaurav Singh Kushwaha redefines the landscape of jewellery shopping in India. Read More Here 

Zoya is a leading gold jewellery brand in India. It is a luxury jewellery boutique owned by the house of TATA. It started operations in 2010 with innovative artisanal techniques that were critically analyzed from the traditional Indian karigari. Zoya began with 5 flagship boutiques and 2 retail stores in 5 cities in India—namely Mumbai, Bangalore, Delhi, Hyderabad, and Gurgaon. Recently, Zoya launched its new flagship store in the south extension, New Delhi. The gold jewellery brand signed Sonam Kapoor as its brand ambassador.

Final Words

In the eyes of Indian Retailer, gold jewellery is a fail-safe way of investment. Not just that, gold is valued due to its durability, historical significance, as well as a medium of exchange. Here are all the top 10 gold jewellery brands in India, for you to learn more about the leading jewellers in the market. Read more about - Top 5 Jewellery brands in India

Does gold have a standard price across all brands?

Mostly, gold has a fixed price but can vary due to making charges, design, brand premiums, and styles.

Do brands offer certification for the gold jeweller?

Yes, gold jewellery brands offer certifications like BIS Hallmarking, which ensures purity. 

Is there any exchange policy for jewellery?

Yes, reputed brands do provide an exchange policy where old jewellery can be exchanged at a fixed price for a new one. In case of a lower price for the old jewellery, the remaining amount can be paid.

• kalyan jewellers
• Reliance Jewels
• PC Jewellers

In today’s tech-driven world, India with its booming digital economy, laptops have become an essential tool for personal and professional use. Early in the 1980s, laptops with the flip form factor were introduced. In Australia, the Dulmont Magnum was introduced in 1981–1982. However, it wasn't sold outside until 1984–1985. The $8150 (equivalent to $25730 in 2023) GRiD Compass 1101, released in 1982, was used at NASA and by the military, among others. The choice of a laptop brand can significantly impact your user experience. From powerful machines for gaming and professional work to sleek, lightweight models for everyday tasks. Here’s a list of the top 10 laptop brands in India to explore how they are impacting the Indian Market.

10 Laptop Brands Review: Pros & Cons

List of Top 10 Laptop Brands in India

Here we put the list of the top 10 laptop brands in India which are driving the Indian Market and becoming giants in the tech industry.

1. Apple (MacBook)

Apple is an American multinational technology company founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in the year 1976. It is a company identified with its premium, high-end MacBook laptops- great productivity combined with ultra-modern design. Apple has a total revenue of $383.29 billion, the California-based company holds its headquarters in Cupertino, California. As of 2023, Apple was the fourth-largest personal computer vendor with a market share of 9 percent by unit sales and the largest manufacturing company by revenue.

Apple is equipped with features such as Retina displays, M1 and M2 chips, and interference-free operation with products from other Apple. Along with its excellent security system, MacBook products are also recognized for their premium construction quality. Apple recently announced the new MacBook Air with the powerful M3 chip, taking an incredible combination of power-efficient performance and portability to a new level making it up to 60% faster.

HP is a leading tech company that was founded in 1939 by Bill Hewlett and David Packard, is now a top laptop brand that has a broad range of products that suit various budgets. Located in Palo Alto, California, HP is worth approximately $12.8 billion as of Q2 in 2024. HP's laptop computers are renowned for their stylish designs and high-speed performance with series like Pavilion, Envy, and Spectre which have superior quality features providing the best performance. With that HP laptops hold a market share of 21.9 percent in the global market as of 2023.

HP laptops offer the HP Command Center, which allows users to optimize performance, fan speed, and noise levels. The Spectre x360 is a popular device among users because of its versatility and stylish look.

Dell is a technology brand founded in 1984 by Michael Dell that can be trusted and, at the same time, it is an innovator. The headquarters is based in Texas, USA. Dell has a revenue of $22.2 billion in Q1 2024, up 6% YoY growth and a market share of 16.6 percent. Dell is the Most Trusted Brand in India and is most commonly recognized for its laptops, which are personalized according to customer specifications.

Dell brings the world’s broadest GenAI portfolio to help lead the AI revolution. The Inspiron series is suitable for everyday users, whereas the Alienware line is for gamers. The Dell CinemaColor technology offers enhanced color accuracy, contrast, and depth for a stunning visual experience, making these laptops perfect for media consumption and professional use. Dell, being renowned for its performance and innovation, has become the favorite of professionals looking for the best quality and reliability and has acquired companies like Alienware, known for high-end gaming PCs.

Lenovo is one of the top laptop makers in the world. It was started by Liu Chuanzhi in 1984 and now has a revenue of over $56,864 million in 2024 and the highest market share of 24.8 percent in the global market as of 2023. The headquarters of the company are located in Beijing, China and the operational headquarters are in Morrisville, North Carolina. Lenovo has operations in over 60 countries and it sells its products in around 180 countries.

Among the innovative and quality devices is the ThinkPad series, admired by professionals and renowned for its TrackPoint navigation and ThinkShutter camera cover, offering innovative cursor control and privacy protection. While the IdeaPad and Legion series are gaming and general consumer-friendly. The ThinkPad X1 Carbon is a relatively new model, but it is already loved for its long battery life and good-quality keyboard. Lenovo has built a solid reputation for quality and performance that allows it to cater to various user segments. Lenovo ranked #248 on the Fortune Global 500 list.

Asus is a high-tech company known for its gaming PC that was established by T.H. Tung, Ted Hsu, Wayne Tsiah, M.T. Liao and Luca D. M., in 1989. It is headquartered in Taipei, Taiwan. The ROG (Republic of Gamers) series is one of the brand's hottest sellers for gamers and has a market share of 7.1 percent as of 2023. The product comes with a strong graphics card and a cooling system that can withstand high temperatures. Asus integrates Aura sync RGB lighting, allowing gamers to customize the aesthetics of their laptops.

Asus is known for its creative design, and a good value for money, but a few models have thermal issues, which made it lose some confidence. ROG Zephyrus G14 is loved by many for its great gaming and portability. In 2019, Asus earned more than eleven awards from some of the world’s most prestigious organizations and media groups and was named the World’s Most Admired Companies by Fortune.

Read More:  ASUS India: Pioneering Next-Gen Gaming

Earlier in News:  ASUS India Launches 4th Select Store for Refurbished Products in Hyderabad

Acer is a technology company that was founded by Stan Shih, Carolyn Yeh, and Lemuel Girma in 1976 and is a well-known brand for its low-cost and high-quality products. Acer is headquartered in Xizhi, New Taipei City, Taiwan. As of 2024, Acer’s revenue was about $28.19 billion in June and is the world’s sixth-largest personal computer vendor with a market share of 6.6 percent which has been making cheap laptops such as the Aspire line for students and Predator series for gamers.

Acer’s Predator laptops are equipped with Predator Sense software, enabling users to control and customize system settings. Generally, Acer products offer decent performance and Full HD displays, but may not be the best choice in terms of build quality, as some models tend to have inconsistent quality. In 2019, Acer and Ubisoft teamed up for the Rainbow Six Pro League and other major esports events with the Predator brand as the PC and monitor sponsor. The company announced the esports social platform PLANET9.gg which aims to provide game analytics, community-organized competitions, and social experiences.

Earlier In News:  Acer Unveils TravelLite Laptop Tailored for Business Needs

7. Microsoft

Microsoft is an American multinational tech company founded by Bill Gates and Paul Allen in 1975, Microsoft is a tech behemoth known primarily for its Surface range of laptops. Its headquarters in Redmond, Washington, USA, is where the tech giant has a revenue of $245.1 billion as of 2024.

Microsoft laptops, although more expensive, outshine their competitors due to their top-notch construction and effortless compatibility with the Microsoft ecosystem, making them the preferred choice for tech aficionados and professionals. Microsoft ranked No. 2 in the 2022 Fortune 500 rankings of the largest United States corporations by total revenue and it was the world’s largest software maker by revenue. The subsidiaries include Skype Technologies, GitHub, and LinkedIn.

Samsung is a South Korean technology giant famous for its electronics, including laptops, was founded in 1938 by Lee Byung-chul. The company's quarterly revenue for Q2 2024 is KRW 74.07 trillion, and its headquarters are in Suwon, South Korea. Sleek design, AMOLED displays, and long battery life make Samsung laptops stand out. Especially those who love aesthetics with performance have chosen the Galaxy Book series.

Samsung keeps on evolving even in the face of competition, although some users have noticed that its prices may be higher than those of its rivals. Their Galaxy Ecosystem connectivity allows seamless integration with other Samsung devices, enabling a smooth transition between tasks and increasing productivity. Samsung comprises numerous affiliated businesses and has the eighth-largest brand value in the world as of 2020.

HCL brand is focused on technology and IT services, even laptops and was Established in 1976 by Shiv Nadar. The company’s headquarters are located in Noida, India, and has a revenue valued at ₹111,408 as of 2024. With a production of laptops for educational and business purposes, HCL is well known for its motto “affordable and functional design”. The company has offices in 60 countries. Even though it may not be as well-known as other brands around the world, HCL is a good choice for people who are looking for affordable and reliable products.

Whereas HCL laptops fail to boast high-tech features, they still serve well for the needs of less demanding applications, such as small enterprises and educational institutions needing economical solutions. In 2024, HCLTech decided to acquire select assets of the communications technology group, a business division of Hewlett Packard Enterprise HPE, for $225 million.

LG Corporation is a South Korean multinational company established in 1947 by Koo In-hwoi and is famous for its innovation and quality in a wide range of electronic products, including laptops. It has a revenue of KRW 83.5 trillion as of 2023 and its headquarters are in Seoul, South Korea.

The LG Gram is in the lead when it comes to portability and high performance thus it catches the attention of both professionals and travelers. LG's laptop range has been as extensive as the others, it would have been less popular. However, their design and functionality are the main reasons why they are more appealing to those who prefer mobility and durability.

Final Words:

At Indian Retailer, we see how rapidly the tech industry is changing day by day, and how the market giants are trying to adopt these changes to stay No. 1 in the market. Their unmatched performance and advanced technology make them highly sought-after choices for both professionals and tech enthusiasts. So we make a list of the top 10 laptop brands in India which is driving the market crazy. These brands are often preferred by industry leaders and trendsetters, setting benchmarks in the tech world and embodying the essence of modern efficiency and style.

FAQs on Top 10 Laptop Brands in India (2024)

1. Which brand is best for laptops?

Some of the best laptop brands in India include Dell, HP, Lenovo, Asus, and Apple. These brands are known for their excellent performance, build quality and customer support.

2. Which generation of laptop is best?

You can opt for 12th-generation and 13th-generation laptops. Anything older is also fine, but you may be giving up on newer features and performance figures that may make your new laptop more future-proof in the long run.

3. Which laptop size is best?

15-16 inches is a comfortable sweet spot. Even though I review laptops for a living, I still see them as a secondary option (or necessary evil) when I'm not able to work on a desktop.

4. Which is better, Lenovo or Dell?

Lenovo offers a more balanced approach, utilizing both Intel and AMD processors depending on the model and target audience. Both brands offer a variety of pre-configured options, but Dell allows for more customization on high-end laptops, particularly in the XPS series.

5. Who is the biggest laptop manufacturer?

Lenovo is the largest personal computer manufacturer globally. Lenovo is an iconic Chinese technology company manufacturing computers since 1984. The market data shows that Lenovo has solidified its position as the largest PC manufacturer globally.

India is at the forefront of a global cross-border shopping revolution, propelled by increasing consumer demand for superior quality and unique products from around the world. The trend towards international purchases is rapidly gaining momentum, showcasing a significant shift in consumer behavior and preferences in the Indian market. This burgeoning interest is driven by several factors, including the allure of better quality goods, competitive pricing, and access to products not readily available in the local market. Despite some challenges, such as unexpected customs duties and marketing hurdles, the potential for growth in this sector remains substantial.

According to Avalara's "Cross-Border Commerce and Compliance Survey," over 67 percent of Indian consumers have made purchases from international businesses, marking a substantial shift towards global consumerism within the country. This figure stands in stark contrast to the US, where only 37 percent of consumers have engaged in international shopping in the past year.

Quality and Unique Products as Key Drivers

The report reveals that 76 percent of Indian consumers perceive the quality of items from international sellers as superior, significantly more than their counterparts in the UK (27 percent) and the USA (35 percent). The availability of unique products not found in India, better quality, and competitive pricing are cited as key reasons for this preference.

Established e-commerce platforms such as Amazon, eBay, and Etsy are the preferred choice for over 61 percent of Indian consumers for their overseas shopping needs, with a strong demand for international fashion and technology products. Despite the potential for direct cross-border purchases via social media platforms like Facebook and Instagram, only 4.8 percent of Indian consumers choose this route.

Customs Duties and Compliance

However, India's enthusiastic embrace of cross-border shopping comes with challenges. Indian consumers reported the highest incidence of customs duties coming as a surprise, with 45 percent describing them as "shocking." This contrasts with Australian consumers, where 57 percent reported being well-informed about customs fees, thus avoiding unpleasant surprises.

Dulles Krishnan, VP of Go To Market at Avalara, commented on the insights, stating, "As global cross-border commerce continues to expand, we conducted this survey to help businesses understand cross-border buying habits of consumers, identify factors impacting cart abandonment, as well as assess the role compliance plays in cross-border commerce."

The Impact of 'Make in India' on Cross-Border Commerce

In addition to Avalara's findings, a report from Payoneer sheds light on the progress and challenges faced by Indian cross-border sellers. The Indian eCommerce market has grown significantly, surpassing the government-set $400 billion target of trade within a single year. This growth has been partly driven by the 'Make in India' program and shifting customer demands globally.

Post-Pandemic Growth and Seller Confidence

Indian sellers have made substantial progress in the post-pandemic world, with 91 percent planning to expand their cross-border business. An impressive 94 percent believe that 'Make in India' products are globally competitive, and 70 percent attribute their success in the international arena to the quality of Indian-made products.

Despite these positive trends, there are challenges to address. Almost half of the respondents identified marketing as the biggest weakness in Indian cross-border trade. One in three sellers believe that improvements are needed in promoting the 'Make in India' program globally. To succeed in competitive markets like the US, Indian sellers will need to enhance their marketing strategies and raise their game.

Key Takeaways

• One in three Indian sellers think that marketing is their biggest weakness when it comes to selling an Indian-made product.
• 42 percent of Indian sellers think that improvements are needed in promoting the 'Make in India' program globally.
• 91 percent of Indian sellers are planning to expand their cross-border business.
• 94 percent of Indian sellers think that 'Make in India' products are globally competitive.
• 70 percent of Indian sellers believe that the quality of Indian-made products helps them in the international arena.

By focusing on transparent cost structures, competitive pricing, and effective marketing strategies, businesses can better capture the growing segment of Indian consumers eager for quality international products.

Thriving in the Global Commerce Landscape

India is leading the global cross-border shopping boom, driven by a strong consumer preference for quality and unique products. While challenges such as unexpected customs duties and marketing weaknesses remain, the opportunities for growth and expansion in this market are significant. By addressing these challenges and leveraging the strengths of Indian-made products, businesses can thrive in the competitive landscape of global commerce.

Hydration fans, brace yourselves; Laneige, the iconic Korean skincare brand that’s taken the world by storm, has landed at Sephora India. The brand has been available at different ecommerce websites until now. This move reflects the brand’s strategic expansion efforts within the Indian market, offering beauty enthusiasts an opportunity to experience Laneige’s innovative skincare solutions both online and offline. The recent launch event at Sephora’s Saket store in Delhi was not just a celebration of this collaboration but a testament to the brand's commitment to making high-quality Korean skincare accessible to a wider audience in India.

What’s the Buzz?

Laneige, known for its hydration-packed skincare wonders, made its grand debut at Sephora India, both online and in-store. Paul Lee, Country Head, Amore Pacific India, couldn’t hide his excitement: “The event at the Sephora store in Saket was an invigorating experience! Laneige has launched its products in Sephora's physical and online stores for the first time as part of its omnichannel expansion strategy. We aim to complement our strong online presence and provide customers with multiple touchpoints to experience the essence of the brand.”

For those who live and breathe beauty, Sephora is a sacred space. So, it only makes sense that the Korean beauty brand, with its cult-favorite Water Sleeping Mask and Lip Sleeping Mask, would find its way into this beauty mecca. Mini Sood Banerjee, Assistant Director and Head of Marketing, Amore Pacific India, couldn’t have said it better: “We are thrilled with the debut of Laneige Skin Superheroes at Sephora. The global beauty giant is one of the favorite shopping spots for the beauty enthusiast, and our presence here will allow us to engage with customers in new and innovative ways, and we can’t wait to see the impact. We’re committed to continuing this momentum, and making Laneige the leader in the industry.”

The Secret to Skincare Magic

Laneige isn’t just another skincare brand — it’s a hydration powerhouse! Specializing in moisture research, the brand has perfected the art of keeping your skin plump, dewy, and glowing. Think of their products as a tall glass of water for your skin, quenching its thirst and giving you that lit-from-within glow.

Sally Lee, Brand General Manager, Laneige India, shared the brand’s vision: “It’s exciting to see the response we have received for the brand in the last 5 years. The brand offers unique products for Indian consumers to experience, and we aim to connect with a broader audience interested in exploring these skincare offerings.”

It's skincare lineup is like a superhero squad for the face — each product bringing something unique to the table. From their iconic Water Sleeping Mask that works magic while sleeping, to the Lip Sleeping Mask that’s become a bedside staple, the products are designed to hydrate, repair, and protect the skin.

Mini explains the brand’s appeal: “Korean brands like Laneige are catching on fast in India because they bring something fresh and effective to the table. Our products, especially the sleeping masks, are a hit because they deliver visible results — hydration, glow, and all the things that make you look like you’ve just walked out of a K-drama!”

Sephora x Laneige: What’s Next?

With Laneige now in the Sephora fold, the brand is set to conquer the Indian skincare market like never before. Already present in eight Sephora stores across the country, the brand is on a mission to expand its reach even further. Mini gives us the inside scoop: “Our expansion plans include further collaborations with multi-branded stores like Nykaa, Tira, and of course, Sephora.” But what about the idea of standalone brand stores in India? Not so fast. Banerjee explains, “We are still trying to figure out the Indian market. Though customers love us, we need some more time for that matter.”

Laneige’s appeal in India isn’t just a flash in the pan. It’s no surprise that cities like Delhi and Mumbai are leading the charge, but the love for the brand is spreading fast to Tier I and Tier II cities too. What’s driving this trend? The answer is simple: K-beauty is the new cool, and Laneige is at the heart of it.

Paul Lee shares his thoughts on the brand’s traction in India: “Metros, of course, Delhi, Mumbai, Northeast, and even the Tier I and Tier II cities are showing a very fast-paced uptake. K-beauty is trending all over the world, and especially in India. We recently collaborated with Sara Tendulkar as our brand ambassador, and she’s working very well for us. Her dewy and glowing skin is a perfect match for the brand's brand ethos.”

And let’s not forget the Northeast — a region that’s becoming a hotbed for K-beauty lovers. Laneige’s popularity here is partly due to the region’s deep connection with Korean culture, from K-pop to K-dramas, making it the perfect playground for the brand's skincare innovations.

Paul Lee is optimistic about Laneige’s future: “Globally, Laneige’s partnership with Sephora has been very strong and extensive. With Sephora India, we have just started, but I strongly believe that we have a lot of success stories globally. I believe we will also soon be able to become the number one skincare brand in Sephora India as well.”

• Beauty & Personal Care Market
• Indian Beauty Industry
• Beauty brands
• retail news

Coming from a business family involved in small enterprises in Nagra, Ishendra Agarwal pursued his bachelor's and master's degrees at IIT Kanpur. Afterward, he joined BCG as a management consultant. During his time in the corporate world, particularly within the jewelry segment , he observed that India, being the world's second-largest consumer of jewelry, had a significant market gap. Most jewelry brands in India, including Tanishq, Kalyan, Malabar, CaratLane, and BlueStone, focus on fine jewelry priced above Rs 30,000. This high price point makes it challenging for women to purchase and wear such jewelry regularly, whether for office wear or small gatherings.

In contrast, international brands like Pandora and Mejuri offer fine jewelry at more accessible price ranges, with average order values between Rs 12,000 - 15,000. This observation highlighted a need for a fine jewelry brand in India that provides quality pieces at a more affordable price point, allowing women to purchase jewelry frequently without worrying about significant expenses.

Inspired by this insight, he founded GIVA to fill this gap in the market. “Our goal is to create a brand where women can effortlessly buy beautiful, fine jewelry without having to consider substantial savings or budget constraints. Whether through a quick visit to a store or a few clicks online, we aim to make fine jewelry accessible and enjoyable for everyday wear,” he said.

Nationwide Store Expansion

Currently, the brand has approximately 130 stores operating across India, with about 50 percent of them located in Bengaluru and Delhi – Bengaluru has 32 stores, and Delhi has 34 stores. The remaining stores are spread across other Tier I cities like Mumbai, Pune, Kolkata, and Hyderabad, as well as Tier II cities such as Dehradun, Indore, Lucknow, and Kanpur.

“Our expansion strategy focuses on increasing our offline presence significantly. We aim to establish at least 50 to 60 stores in Bengaluru and Delhi alone. Simultaneously, we plan to deepen our reach in other metro and Tier I cities while expanding our footprint in Tier II cities. Our goal for the next two years is to be present in about 60 cities across India, with a total store count of approximately 300,” stated Agarwal.

Digital-Offline Balance

GIVA’s approach to online channels leverages widespread access to mobile phones and the internet, aiming to create brand awareness primarily through digital platforms. This remains its primary focus. Conversions, however, can occur both online—through its mobile application and website—and offline. This is the essence of its customer acquisition strategy in the D2C funnel.

Additionally, the brand is present on various marketplace channels, including Amazon, Myntra, Nykaa, Nykaa Fashion, and Tata CLiQ, which contribute significantly to its sales.

“Currently, online channels and these marketplaces account for 60 percent of our sales, while offline sales, which we began two years ago, contribute 40 percent of our revenue. We anticipate this to shift to a 40-60 split in the next two years, favoring offline sales,” he asserted.

GIVA also utilizes its mobile application to provide various services to its customers. For instance, if a woman purchases jewelry and wants lifetime replating, she can easily arrange it via the app. The app also offers access to digital warranty and authenticity certificates, and it serves as a convenient platform for its loyalty program. This is how the brand integrates its mobile application and website into its overall strategy.

Quick Commerce Entry

GIVA has recently ventured into Quick Commerce, launching about a month ago on platforms like Blinkit and Swiggy Instamart . This initiative has been performing exceptionally well, particularly during special events like Akshay Tritiya, Mother's Day, and Father's Day. On these occasions, there is a noticeable spike in demand as customers seek fine jewelry for same-day gifting.

“We have become a popular choice for last-minute gifts, as many people don't plan their gifts days in advance and often make the decision on the same day. Quick Commerce provides a convenient solution for these spontaneous purchases, making it easy for customers to select and receive a fine jewelry product swiftly,” explained Agarwal.

Expanding Product Portfolio

Currently, GIVA is focusing on silver as a primary metal and has expanded into lab-grown diamonds set in 14-carat and 18-carat gold. It launched its lab-grown diamond collection six months ago, and it is now available in 60 of its stores. In silver collection, the brand offers a wide range of earrings, pendants, rings, and bracelets.

“We are also expanding into categories like toe rings, anklets, and nose pins. Additionally, we are focusing on kids' and men's jewelry, recognizing that fine jewelry makes an excellent gift for children.” He noted.

Moreover, it is working on launching GIVA signature perfumes, featuring five to six floral notes, designed to provide a unique and memorable GIVA experience. This new product line is currently being developed.

Influencer-Driven Awareness

The brand uses social commerce primarily to create awareness rather than drive transactions. Its strategy involves collaborating with numerous influencers and micro-celebrities to generate content and build brand visibility. Each month, over 2,000 influencers post about GIVA on platforms like YouTube and Instagram.

“Our social commerce efforts focus on several key areas. We create awareness about specific categories, highlight the presence of our stores in various regions, and promote new collections, especially around significant events. For instance, we recently launched a silver Rakhi line for Raksha Bandhan, featuring both standard silver Rakhis and personalized options where you can have your brother's or sister's name engraved on the Rakhi. This multifaceted approach helps us reach a wider audience and keep them informed about our latest offerings,” highlighted Agarwal.

Tech-Enhanced Experience

To improve the consumer experience, the brand utilizes several technological advancements. First, its virtual try-on feature available on its app allows customers to see how certain products will look on them, enhancing their shopping experience. Second, it integrates online and offline channels to provide a personalized shopping experience.

Additionally, the company is incorporating technology into its customer support to offer faster responses. Automated systems can handle common queries efficiently, reducing the need for human intervention and speeding up response times.

Designer Collaborations

GIVA actively collaborates with multiple designers to keep its designs fresh and fashionable. About six months ago, the brand partnered with European designer Lea Schroeder to launch the "Love in Paris" collection. Following that, it collaborated with Bhumi Pednekar five months ago, who worked with its design team to create a new collection. More recently, GIVA teamed up with a Turkish designer to introduce the "Wings of Wonder" collection.

“These collaborations are central to our strategy, as our goal is to set fashion trends in India or bring the latest international trends to India as quickly as possible. We are committed to staying at the forefront of fashion through these dynamic partnerships,” explained Agarwal.

Remarkable Revenue Growth

GIVA has been experiencing impressive growth, with a year-on-year increase of 90 to 100 percent. Last year, the brand achieved approximately Rs 250 crore in revenue, and this year, it is closing at around Rs 450 crore.

The brand has also recently ventured into franchising, which has been highly successful. “Our franchising model involves franchisees investing in the store while we handle operations. Franchisees manage employees and sales, adhering to our established protocols, while our team oversees store operations to ensure consistency and quality,” he stated.

“Our long-term target is to reach Rs 1000 - 1500 crore in revenue within the next four to five years,” he added.

READ MORE:  India’s Jewelry Market Poised for Explosive Growth, Projected to Reach $145 Bn by FY28

Strategic Global Expansion

GIVA currently has a store in Sri Lanka that is performing well, and it plans to continue its presence there, albeit at a measured pace.

“In the next one to two years, we aim to expand into Sri Lanka further, as well as explore opportunities in Singapore, Southeast Asia, and the Middle East. These regions will be our focus for international expansion,” he concluded.

• Fashion and jewelry
• Brand Expansion

The rum has been a favorite drink for Indians for decades. Have you ever wondered where these best rum brands originate? What are the top 10 rum brands in India? Which country is the largest producer of rum? 

Starting with the first answer, the exotic nation of the Philippines is the largest rum producer. Keep reading as we answer all the pertinent questions regarding the top partner of cola drinks - the rum.

Top 10 Rum Brands in India (2024)

Here are the best rum brands in India. Fetch details on the top rum brands in the market starting with Old Monk, Bacardi, and Santa Teresa.

1. Old Monk 

Old Monk is one of the top 10 rum brands in India. This alcoholic beverage brand was introduced in 1855. It is manufactured by Mohan Meakin Ltd. Produced in Ghaziabad and Uttar Pradesh and has its headquarters in Solan, Himachal Pradesh. The leading rum brand is made in India and has been blended for 7 years. It launched in the Indian market in 1935. The rum is made with four key ingredients: caramel, chocolate, ripe peach, and vanilla. It contained 42.8 percent of ABV. 

Old Monk Rum Varieties:

• Old Monk Orange Rum
• Old Monk Lemon Rum 
• Old Monk Apple Rum
• Old Monk White Rum
• Old Monk Cola
• Old Monk Cranberry
• Old Monk Mojito

Bacardi is one of the best rum brands in India. The rum brand started in 1862 in Santiago de Cuba. The headquarters lies in Hamilton, Bermuda. Bacardi was founded by Facundo Bacardi Masso. He wanted to create a balance between two separate spirits. The first one is called ‘aguardiente’ and the second spirit is known as  ‘redestilado’. It is a private limited company that has had ownership for seven generations, selling in more than 170 countries. In the 1930s Bacardi expanded its presence in Mexico and Puerto Rico, making the largest rum production facility of Bacardi. Mexico became the first international expansion for Bacardi. Today the rum brand operates in the US, Mexico, Puerto Rico, Spain and the Bahamas. The Bacardi rum has an ABV of 40 percent in the US and 37.5 percent in the UK and continental Europe. 

Bacardi Rum Varieties:

• BACARDÍ Limón
• BACARDÍ Pineapple
• BACARDÍ Dragon Berry
• BACARDÍ Mango
• BACARDÍ Coconut
• BACARDÍ Raspberry
• BACARDÍ Lime
• BACARDÍ Ginger

Read More:  Scotch vs. Whisky: The Key Differences Explained

3. Santa Teresa

Santa Teresa , the best rum brand in India was founded in 1796. The brand is based out of Venezuela. The journey of Santa Teresa started when a German merchant named Gustav Julius Vollmer got married to Panchita Rivas. The Vollmer family continues the ownership of Santa Teresa. Present day president of this rum brand is Alberto C Vollmer. It has its headquarters in Santa Teresa Estate, Costa Rica. Santa Teresa is made with the solera technique to produce a perfectly crafted rum with a fruity aroma and wood notes. A bottle of Santa Teresa rum holds an ABV of 40 percent. 

Santa Teresa Rum Varieties:

• Santa Teresa 1796 Rum
• Santa Teresa 1796 Speyside Whisky Cask Finish
• Santa Teresa Arábica Coffee Cask Finish
•  Santa Teresa 1796 Rum
•  Havana Club Añejo Clásico
• Santa Teresa 1796 Solera Rum

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4. Amrut 2 Indies Rum

Amrut 2 Indies , is a leading rum brand in India. The company was founded by JN Radhakrishna Rao Jagdale. It set foot in the distilled beverage industry in 1947 by establishing Amrut Distilleries in Bangalore. The very name of the brand Amrut is defined as ‘nectar of the gods’ in Sanskrit. The Amrut Distilleries Ltd. is a subsidiary of the N.R. Jagdale Group. As the name suggests, the rum has its special essence due to a perfect balance of two indies distilled together. One from the West Indies (Barbados, Guyana & Jamaica) and second from the East Indies (India), made out of Indian jaggery. The rum is one of its kind, the only variety in the market. 

Read More:  Top Vodka Brands in India: A Guide to the Best Picks

5. Rock Paper

Rock Paper is a new-age rum brand in India. Good Barrel Distilleries Private Limited is the parent company of Rock Paper. The rum brand was founded in 2021, serving more than 1000 restaurants, and bars in Mumbai and Pune. The rum brand first entered the market with a flagship product “Indian Spice Rum”. Lalit Kalani is the third-generation founder of Rock Paper who is keen to place Indian rum on the top shelf. Rock Paper was featured in Shark Tank Indian as well in Season 3.

Rock Paper Rum Varieties: 

• Indian Spiced
• Coastal White
• Zesty Lemon 
• Tropical Coconut
• Roast Coffee

6. Camikara

Camikara is one of the best rum brands in India. It was first distilled in 2009 and Piccadilly Distillery is the parent company of Camikara. ‘Camikara’ holds a meaning in Sanskrit - ‘ liquid gold’. The brand stands outside the crowd as it does not use molasses in crafting. It originates from Haryana, India where the particular sugar mill is situated for the distillery. The rum brand holds an ABV of 50 and 42.8 percent in its varieties of rum. It is produced with pure sugar cane juice.

Camikara Rum Varieties:

• Camikara rum 12 year cask aged
• Camikara rum 8 years cask aged
• Camikara rm 3 years cask aged 

Pitbull is considered to be the best rum brand in India. Produced in Aurangabad, Maharashtra from 2021, Kalpesh Parekh and Karishma Chandy are the founders and the brains behind Pitbull. It has an ABV of 42.8 percent. It is made with 100 percent sugarcane molasses, blended with barrel-aged spirits and rice Caribbean flavors, with no added sugar.  The brand serves ‘PUREBRED INDIAN DARK RUM’ in the Indian market, filled with essence of cinnamon, vanilla and anise.

Bermuda is a leading rum brand in India by Gosling Brothers Ltd. Founded by James Gosling, a navigator in 1806, he was the man behind the Bermuda Rum. The rum contains 75.5 percent of ABV in its black rum collection. The key ingredients in Bermuda rum are - Gosling’s Gold Seal rum, pineapple juice and grenadine. 

Bermuda Rum Varieties

• Gosling's Black Seal Rum
• Gosling's Black Seal Rum (151 Proof)
• Goslings Spirited Seas Ocean Aged Rum

9. Contessa XXX

Contessa XXX is one of the best rum brands in India. The rum brand was founded by Radico Khaitan Ltd. In 1943, Rampur, Uttar Pradesh was the distillery plant for the Contessa XXX rum. Now it is also processed in Radico NV Distillery Maharashtra Ltd. The rum contains Caribbean sugarcane as its key ingredient and is aged in oak barrels. The rum has an ABV of 42.8 percent. The brand has one rum named Contessa XXX.

10. Five Rivers

Five Rivers is a leading rum brand in India. The brand was founded in Punjab. Sangera Rum Company is the parent company of Five Rivers. Taj Sanghera is the fifth-generation founder of the rum brand. The brand name is a translation of the state - Punjab, which means Panj- five and Ab - water. The main ingredients of the rum are ginger, clove and coriander seeds. The brand has just one white rum which can be served in various combinations of drinks. 

In the eyes of Indian Retailers, these top 10 best rum brands are worth knowing about. Understand what are the key ingredients in these rum brands. History plays an important role in the success of these rum brands in India. Know how and when the best rum brands gained recognition. Some serve one iconic rum while other brands have a range of rums with different essences. Here is all about rum brands in India!

FAQs on Top Rum Brands in India

What are the top 3 rum brands in India?

Old Monk followed by Bacardi and Santa Teresa are the top three rum brands in India. 

In what ways can someone consume rum?

Neat, on the rocks, mixed with soft drinks or juices are the typical way of consuming rum. 

How to store rum properly?

Keep the rum in cool surroundings and away from direct sun. Ensure the bottles are sealed and not stored for a long time.

• alcoholic beverages

India is known for its diverse tastes in style and fashion. And people don’t buy luxury only for comfort but to show their value in society, likewise, all luxury products including handbags are just a way of showing their richness and standards. India, with its growing affluent class, is embracing these high-end accessories more than ever. But what is it about a luxury handbag that captures the heart of so many fashion enthusiasts? As we explore the top 10 luxury handbag brands in India for 2024, we Indian Retailer will uncover the unique elements that set each coveted brand apart, making them the giants in the luxury segment.

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Different Types of Luxury Handbags

There are various types and styles of bags in the market to give a different look on every occasion. Here I’ll mention some of the most used handbags among women which are famous for their unique features.

These are some top styles of bags that are commonly used in every luxury fashion house now let’s discover the brands that are making this style a trend in the market.

Top 10 Luxury Handbags in India

Here are the top 10 luxury handbag options which have driven the Indian audience crazy with their innovation.

Hermès International S.A . is a French luxury fashion house which was founded in 1837 by Thierry Hermès, based in Paris. It specialises in leather goods, lifestyle accessories, home furnishings, perfumery, jewelry, watches and ready-to-wear. Since the 1950s, its logo has depicted a ducal horse-drawn carriage. The company has grown to become a world leader in the fashion industry and is known for its luxurious and high-quality goods. Hermès sells about 30% leather goods, 15% clothes, 12% scarves, and 43% other wares. Hermès holds diligently on to a market share with a total asset of €210.97 billion and thus is one of the top manufacturers of luxury fashion articles.  

The works of Hermès are often recognized for their stunning designs like the Herbag and Steeple bags. Another famous handbag, the Birkin bag, was named after the British actress Jane Birkin. The latter are commended for their exquisite workmanship and everlasting charm. The likes of Victoria Beckham, Kim Kardashian, and Kate Moss have often been seen with Hermès handbags, which, by the way, have contributed to the brand's covetable status. Hermès remains the most luxurious and well-constructed product.

Gucci is an Italian luxury brand known for its Italian art style in their products,  founded by the businessman Guccio Gucci in 1921, in Florence, Italy. The company is headquartered in Florence, Italy and operates in 528 locations under its parent company Kering. Gucci is known worldwide for being a trendsetter with its innovative, daring designs in fashion. The brand indeed has a dozen of luxury products and it is firmly established in the luxury market with an astonishing revenue of €9.9 billion in 2023.

Gucci's bags are known all over the world and to stress the fact often include the GG logo and monograms reflecting the brand's unique style. The print Flora of course represents Gucci's long history as well as the brand's creative capability. All the high-profile endorsements by Gucci feature celebrities like Harry Styles, Blake Lively, and Beyoncé who are always on the go with Gucci's opulent pieces. Whether it's a statement about luxury, fashion, or a combination of both, Gucci stands as the perfect example of a brand that had a staggering value in the luxury handbags sector. Gucci is a forerunner in fashion, creating not only bags that are accessories but also ones that show boldness and individuality.

3. Louis Vuitton

Louis Vuitton is a French luxury fashion company for fashion lifestyle and accessories, founded by Louis Vuitton in 1854. The brand is headquartered in Paris and is known as a company that gives out its best in luxury, and innovativeness, as well as style that is superior to others. The company is one of the top players in the luxury handbag market, accounting for a significant chunk of its market share with a brand valuation of €14 billion. It is fully owned by the LVMH conglomerate and operates in 50 countries with more than 460 stores worldwide.

All products display the legacy of perfect examples of aesthetics and art. The signature handbags like the Speedy and Neverfull which are loved by many and have one of the brand’s distinguishing features, the monogram canvas made of 90% ultra-resistant nylon. Louis Vuitton diplomas made from handbags are worn by international celebrities Angelina Jolie, Michelle Williams, and Emma Stone, whose participation in the luxury brand nature makes it more interesting and valuable.

Dior is a multinational luxury fashion hub, founded by the visionary Christian Dior in Paris, France in 1946. Headquartered in Paris, Dior has long been synonymous with opulence and sophistication. This is the classic fashion house that changed the world with its stunningly feminine "New Look" in post-war Europe. Dior did not take long to become a desired label among the rich and elite. They are ageless pieces demanded by wearers from all over the globe. Dior is one of the biggest names in the world with a revenue of €79.18 billion as of 2022, operating under the LVMH group.

Dior is present in 210 locations worldwide with every piece being a mark of French elegance. The "Lady Dior" bag with its iconic quilting and delicate D.I.O.R. charms shows the brand's commitment to quality craftsmanship. Dior's handbags are star-studded pieces worn by the likes of Jennifer Lawrence, Charlize Theron, and Rihanna, thus, it strengthens the image of the brand as a celebrity favorite. Dior's total assets are worth €131.9 billion, which is evidence of its power in the luxury goods sector. The subsidiary is  Christian Dior Couture. Dior's distinct melange of classic grace and innovative design makes it a sought-after brand for those who admire high fashion and artistic design.

Chanel is a luxury fragrance & beauty boutique established by Coco Chanel in 1910 in Paris. The brand is privately owned by the Wertheimer family and has been headquartered in London since 2018. The company has made a considerable space in the luxury handbag market with 500+ stores worldwide, capturing about $15.6 billion in 2021. Chanel handbags are famous for their classic quilted leather designs and chain-link straps, one of the most famous being the iconic Chanel 2.55 bag.

These add-ons of design have been the reason for the latest to be Chanel's perennial favourite among fashion connoisseurs. Celebrities such as Kristen Stewart, Margot Robbie, and Keira Knightley have worn Chanel's chic handbags, boosting the brand's image as a luxury mainstay. Chanel makes fragrances that further cement the luxury brand's place as a timeless symbol of status. Chanel’s steadfast adherence to luxury and superior technique guarantees that its handbags are the most prized possessions, still the sought-after items for those who prefer the classic style.

Celine is a big player in the luxury handbags segment, which was established in 1945 and headquartered in Paris, by the hands of its founder Céline Vipiana. Celine stands out as a key player in the luxury market and LVMH is Celine's parent company which owns a significant part of the luxury industry. Celine's clean lines, premium materials, and understated sophistication are known throughout the world The Celine Nino, Celine Louise Bag, and Celine Classique Triomphe Bag are the iconic bags of the company, renowned for their simple design and usability.

The likes of Angelina Jolie and Dakota Johnson, who are huge fans of Celine, often wear the brand, thus making Celine a must-have for Hollywood movie stars. Celine continues to be the center of attention for luxury lovers with its unique blend of neoteric and classic charm operating with 178 boutiques worldwide.  

Miu Miu has been a part of luxury fashion since 1993 when Miuccia Prada created a playful and imaginative collection in Milan. Miu Miu is no slacker in the handbags department, being recognized for its designer's colourful visions and high-octane designs to attract young people. It is a fully owned subsidiary of the brand Prada, accessible to a higher and simpler audience than most brands, Well-liked goods are the Miu Miu Aventure Nappa leather bag and Miu Miu Leather Beau Bag.

Milan, as the headquarters of Miu Miu, is the ideal city to be where Italian art and creativity are making today's fashion. A-list Superstars such as Elle Fanning and Lupita Nyong'o have developed a close relationship with Miu Miu, and as a result, people are starting to associate its name with creative concepts. Miu Miu, with its revenue of €166 million, still has a key position in contemporary luxury, releasing items that are hard to find for the crowd.

Prada, a well-known name in the luxury handbags market, was established by Mario Prada the luxury fashion house Prada in 1913 in Milan, Italy, to form a fashion brand that is the embodiment of fine elegance and contemporary style. Prada is one of the prime players headquartered in Milan with a revenue of €4.72 billion as of 2023. The Milan office is the creative centre of the innovative designs which are made by Prada. The Galleria and Cahier bags are iconic for their unique materials, stylish design, and classic charm, and are exemplified by the brand's characteristic minimalism.

Galleria and Cahier bags are so popular and highly regarded for their sophisticated style and timeless elegance that celebrities such as Sarah Paulson, Olivia Wilde, and Bella Hadid have often been spotted with them, thus, boosting the brand's status even further. Miu Miu, Church’s, Fondazione Prada and Luna Rossa are subsidiaries of Prada. Prada's quality and innovation strength still have a pull on the fashion world, and that is why their bags have become everlasting icons among customers who love luxury with a modern touch.

9. Yves Saint Laurent

Yves Saint Laurent is a trendy name in the luxury segment, started in 1961 in Paris by Yves Saint Laurent and Pierre Bergé, Saint Laurent has become a brand known for its elegance and audacity in fashion. Part of the Kering Group, the brand's headquarters are in Paris, where it continues to lead with innovative designs. Saint Laurent bags including the Envelope, LouLou Bag, and Kate Bag hit the spot with both traditional class and eye-catching modernity.

Stars like Zoë Kravitz and Miley Cyrus have been spotted with these signature items, implying the label's status. Its cosmetics line, YSL Beauty, is owned by L’Oréal. With revenue of €3.2 billion in value by 2023, Saint Laurent is still seen as a Parisian fashion icon, offering handbags that are just as stylishly daring as they are of timeless elegance.

10. Givenchy

Givenchy became a giant in the luxury handbag segment by bringing french aesthetics into their product segment which was founded by Hubert de Givenchy in 1952. Givenchy is a well-known brand name that is part of the LVMH Group that is headquartered in Paris, France. The company is famous for its various handbag products such as the Nano Voyou, and Voyou basket Bag, among others.

With a focus on tradition and modern-day aesthetics, Givenchy's designs, which are mainly worn by celebrities such as Cate Blanchett and Meghan Markle, can be described as sophisticated. Givenchy stands out among competitors in the luxury market with its timeless designs that are fusions of classic and contemporary styles, making its handbags the must-have accessory for fashionistas around the globe.

At Indian Retailer, we closely see all the top luxury brands craze in the Indian market and the reason is their timeless innovation and creativity which make them the top choice in the global and Indian market as well. Their iconic style is favored by celebrities and fashion-forward people to set the standard in the luxury market, making them coveted symbols of status and style.

FAQs on Top 10 Luxury Handbags in India

1. Which luxury bags are worth buying?

Hermès, Chanel, and Louis Vuitton are top-performing brands.

2. What luxury brand has the highest quality?

Louis Vuitton is not only the world's most valuable luxury brand but also one of the most recognizable and influential fashion houses ever.

3. What is the best way to store expensive handbags?

It should be out of direct sunlight, in the dark and away from heat sources such as radiators and hair dryers. In a climate-controlled room with a stable relative humidity (RH) between 45-55%.You can also store the bag inside a dust bag, upright on an open shelf.

4. Which is the most luxurious bag?

The Guinness World Record for the most expensive bag offered to the public is the Mouawad “1001 Nights” diamond purse.

5. Why do purses have peels?

If the handbag is exposed to water or other liquids, the leather can become weakened and start to peel. Leather can dry out and become brittle over time, especially if it is not cared for properly.

• Luxury bags
• Louis Vuitton

India's Fast-Moving Consumer Goods (FMCG) sector has demonstrated remarkable growth, driven by consumer demand and increasing product prices, especially for essential goods. This sector not only contributes significantly to the country's economy but also provides employment to around 3 million people , accounting for approximately 5 percent of total factory employment in India.

Revenue Growth and Key Drivers

In the fiscal year 2022-23, FMCG sales in India grew by 7-9 percent in revenues. Key drivers of this growth include favorable government initiatives and policies, a burgeoning rural market and youth population, the introduction of new branded products, and the expansion of e-commerce platforms. The sector saw a 7.5 percent volume growth in the April-June 2023 quarter, marking the highest growth in the last eight quarters, largely due to a revival in rural demand and higher growth in modern trade.

Economic Contributions and Consumer Trends

As the fourth-largest sector in India, FMCG has been expanding steadily due to rising disposable incomes, a growing youth population, and increasing brand awareness among consumers. Household and personal care products account for 50 percent of FMCG sales in India, making the industry a crucial contributor to the GDP. India's middle-class population, larger than the total population of the USA, makes it a market no FMCG player can afford to ignore.

Urban and Rural Market Dynamics

The urban segment remains the largest contributor, accounting for around 65 percent of the revenue generated by the FMCG sector. However, the rural market has been growing at a faster pace in recent years. Semi-urban and rural segments are expanding rapidly, with FMCG products accounting for 50 percent of total rural spending.

Market Size and Future Projections

The FMCG market is expected to grow at a CAGR of 27.9 percent from 2021 to 2027, reaching nearly $615.87 billion. In 2022, the urban segment contributed 65 percent, while rural India accounted for over 35 percent of annual FMCG sales. A good harvest and government spending are expected to aid rural demand recovery in FY24. The sector experienced an 8.5 percent revenue growth and a 2.5 percent volume growth last fiscal year. The January-June 2022 period saw value growth of about 8.4 percent due to inflationary price hikes, with the third quarter of FY23 clocking a 9.0 percent YoY value growth.

Government Initiatives and Support

The Indian government has launched several initiatives to support the FMCG sector:

• A new Production Linked Incentive (PLI) scheme for the food processing sector, with a budget outlay of Rs 109 billion ($1.46 billion), providing incentives until 2026-27.
• Promotion of millets for their health benefits, establishing the Indian Institute of Millet Research in Hyderabad as a global center of excellence.
• Investment of Rs 4,900 crore ($593 million) in the food processing industry under the PLI scheme, approved in March 2021.
• Completion of 112 food processing projects in 2022, leveraging Rs 706.04 crore ($85.4 million) in private investment and generating employment for over 25,000 people.
• Tax incentives for new agro-processing industries and reductions in excise duties for dairy machinery and meat, poultry, and fish products.
• Initial funding of Rs. 1,000 crore ($ 120.7 million) in NITI Aayog for incubation centers and skill development to facilitate the startup ecosystem.

Digital Transformation and E-Commerce Growth

The FMCG sector's growth is also fueled by the rise of digital advertising, which reached $9.92 billion by 2023, with the FMCG industry contributing 42 percent of the total digital spend. India, with 780 million internet users , sees an average individual spending 7.3 hours daily on smartphones. This number is expected to increase to 900 million by 2025. E-commerce now accounts for 17 percent of overall FMCG consumption, driven by affluent consumers with average spending of about Rs 5,620 ($677.11 million).

The Indian e-commerce market is projected to grow from $83 billion in 2022 to $185 billion by 2026 , and it is expected to reach an annual gross merchandise value of $350 billion by 2030 . The market's exponential growth over the past five years is attributed to increased internet and smartphone users, improved policy reforms, and higher disposable incomes. Digital transactions, valued at $300 billion in 202 1, are projected to reach $1 trillion by 2026 .

Competitive Landscape and D2C Disruption

Traditional FMCG giants such as Johnson & Johnson, Himalaya, Hindustan Unilever, and ITC are now competing with D2C-focused startups like Mamaearth, The Moms Co., and Azah. Market giants like Revlon and Lotus took around 20 years to reach the Rs 100 crore ($ 13.4 million) revenue mark, while new-age D2C brands such as Mamaearth and Sugar achieved this milestone in just four and eight years, respectively.

The Road Ahead

Rural consumption is on the rise, driven by increasing incomes and higher aspiration levels, with branded products seeing higher demand in rural India. The organized sector is expected to grow as the share of the unorganized market decreases, driven by rising brand consciousness and modern retail growth. The growing youth population in urban areas is also propelling the demand for food services.

Online portals are expected to play a key role in penetrating hinterlands, with the internet providing a cost-effective and convenient way to increase reach. By 2025, India is expected to have 1 billion internet users, with 40 percent of all FMCG consumption projected to be online by 2030. The implementation of GST and demonetization is expected to drive structured economic growth, benefiting both rural and urban areas.

India's FMCG sector is poised for continued robust growth, supported by favorable government policies, increasing digital penetration, and evolving consumer preferences. As the sector adapts to new market dynamics and leverages digital advancements, it will continue to be a vital contributor to India's economic development.

• FMCG companies

The life of a product from manufacturing to the shelf of a customer, is most important for a business for it to grow and flourish in the respective market. Know all about a product's life cycle, its importance and its main stages. Every product, whether cosmetics, clothing, furniture or electronics, has different life spans. This article delves into how the product life cycle works. 

What is Product Life Cycle?

The process of a product passing through development to its expiry is defined as the product life cycle. Marketing and business management use this concept to make the market aware of the product. The product life cycle is a key feature of an item, explaining everything from initial creation to its decline. The time when a product enters the market to its removal from a shelf is a concept that determines how long it will work and stay in the market. 

For instance, the concept of television entered the Indian market in 1959. Television is still persistent due to its upgrade to becoming smart. Its existence would have been diluted without modifications. Hence, the product should have an enticing feature making it long-lasting in the market or keep developing the product. The methods or strategies used to maintain and continue a product's life in the market are known as product life management. 

4 Stages of Product Life Cycle 

The product life cycle has four stages to make the product stand long in the market. Every product needs to go through the four steps, to determine its life of the same. Four stages include - introduction, growth, maturity and decline. 

• Introduction - This is the first stage of making the product's grand entrance into the market. It is essential to make target customers aware of the product’s existence. The launch of the product is used as an opportunity to make an announcement, a promotional tool.  The initial investment in marketing the products can help build brand demand. There can be competition, bringing difficulty, in that case, the USP of the product can help to defeat competitors. 

Example : Various smart TV brands in India are in the introduction phase, where customers are still getting informed about their presence in the market. Brands like OnePlus, LG, Samsung and more are spreading awareness about smart TVs in the Indian market. 

• Growth - After making customers aware of the product and a high investment, it's time to cover up. Utilize the surge created for the product, and build the identity for the brand. Sustain the position and develop an expansion plan. Growth is a stage where a brand can have leadership in the market. Getting customer acceptance can recover the high-end investment. 

Example : Amazon is a leading e-commerce platform. It expanded to streaming services and gained growth by offering free shipment on the shopping platform. This increased the Amazon Prime video subscription. This strategy made the brand more noticeable in the market. 

• Maturity - After a hike in demand comes a product's saturation point. This stage has the highest competition as various new brands imitate the market. The product life starts to end. To sustain in the market there is always a way to bring offers, discounts, innovation and something new on the table for customers to explore.

Example : McDonalds faced its maturity stage when it started having competition in the fast food market. To stay in the industry McDonalds maintained its market share and adapted to consumer preference for healthy food.  Making it more enticing by providing fresh food services.

• Decline - The end of a product's life is known as the decline. There are less sales and no profit. However, some might survive, with innovation, upgradation and enticing consumers with something new. The market presence gets lost in the last stage, making the product almost disappear. 

Example : Chevrolet, an automobile company faced its decline in 2017. It failed to fulfill customer satisfaction and compete with competitors. It faced challenges in building a name in the Indian market, due to its luxury automobile brand. 

Why is Product Life Cycle Important?

It is important to understand why a company needs to work on the product life cycle. It gives allowance to gather insights on the demand of consumers and improve products accordingly. Why is the product life cycle important? Here is the answer for it:-

Improvement to help develop products - The concept of the Product life cycle is important as it allows businesses to make necessary improvements to their products. Serving all purposes in the market space. Allocating resources strategically, making an existing product stay longer. 

Awareness about the product presence - The first stage of the product life cycle, introduction, makes it easier for companies to spread awareness about the product. It could be an idea, innovation or something unique that could help in gaining attention and expand in the market. 

Brand building to entice customers - Product life cycle can make a brand noticeable to consumers. Developing a customer relationship for loyalty and satisfaction. Engaging with the audience teaches upcoming trends and looks for what is missing in the market. 

Resource allocation for growth and investment - Dividing resources for marketing and promotions, manufacturing costs, and R&D for the product. Generating knowledge about the brand and its product USP, with using allocated resources for stable profitability. 

How Does Product Life Cycle Work for Different Industries? 

PLM plays a vital role across different industries, which are:

Apparel Industry 

The product life cycle for apparel is usually a bell-shaped curve, on the four stages. There are various materials used in the manufacturing of cloth. The life span of a particular apparel item is highly dependent on that. There are natural and artificial fibres that are used in the manufacturing.

3D printing, sustainability clothing, smart fabrics and using AI in the manufacturing of apparel are trending. Getting introduced in the market. It shall go through all the stages of the product life cycle, declining at the end and other innovative ideas in the fashion industry will again be introduced. 

Electronic Industry

The electronic industry tends to last the most as compared to other products in the market space. This happens due to the innovation in the electronic field every year. There is an upgrade every year, making it hard to reach the decline stage for some.

For instance, television started with just one channel in India, carry forward it had multiple channels and today a normal television has been converted to a smart one. This has made consumers stay, building the lifespan of a television. 

Cosmetic Industry

The cosmetic industry has a much lesser product life cycle as compared to other industries. The lifespan of a cosmetic or skincare product depends on the formulation, packaging used and quality of the products. 

The lifespan of a cosmetic product tends to last 1-2 years, then it faces a decline. Today the cosmetic industry has a lot of competition, making it hard for previous brands to compete. 

Factors Affecting the Product Life Cycle

Various factors influence the product life cycle for a company. Businesses must work according to the following factors to beat the competition in the market space. Here are key factors affecting the product life cycle with examples:- 

Tech advancement

There are changes in everyday life on the technical grounds of various products. Countries having high-end technological changes tend to shorten the product life cycle. Businesses continuously evolve to remain consistent in the market. Using the available technology in developing a product and maintaining the image of the brand.  

Samsung, a leading smartphone manufacturer, proposed first-generation memory technology. It included V HAND with 200 cell layers for smartphones and premium memory solutions. Along with the first generation PCle Gen5 SSDs for storage and applications. This upgrade in the technical front makes it more enticing for the consumer to explore. This is the first stage of the product life cycle. 

Competition 

A product always has competition in the market. To increase the value, sales and growth of a business, it is a must to understand and improve according to the competitors. Fulfilling the demand of the customer before the competitor. 

Nykaa faced competition in the online fashion industry from Myntra, Amazon and Ajio. To overcome its losses and continue its existence in the market, the brand focused on building brand relationships. Improving customer experience on the online shopping platform of Nykaa application and faster delivery than its competitors. 

Market Demand

Every product has different factors that maintain its performance in the market. Adapting to changes in the market according to the product line the business is in. Market acceptance is necessary, and that can happen by fulfilling the changing demands of consumers.

Maruti Suzuki, the largest economy car manufacturer in India, always caters in regards with what customers want. Every car produced by the company has four models, serving different consumer needs. Making the company a dominant player in the automobile market in India. 

From the Indian Retailers eye, the product life cycle is that various product categories are different from one another. Various factors and functions contribute to the lifespan of a product. Four stages define the life cycle of a particular product. The four stages of the product life cycle are introduction, growth, maturity and decline, which is followed by most companies. There are ways to increase the life of the product by necessary changes according to trends, technology and development, making it more wanted in the market. 

What are the four stages of the product life cycle?

Introduction, growth, maturity and decline are the four stages in the product life cycle.

How can companies expand the product life cycle?

These are the following points to improve the product life cycle:

• Upgrade and improve products
• Expand reach by entering new markets
• Pricing strategies
• Marketing strategies 

How does the product life cycle affect business?

The product life cycle determines the growth of the business. With the innovations and upgrades, the PLC can be increased leading to profitability for different businesses in sales. 

• consumer products

In India, one of the most daunting tasks for small businesses is the struggle to gain visibility and establish an online presence. Platform constraints and high costs have made it challenging for them to compete with larger e-commerce giants. However, the Open Network for Digital Commerce (ONDC) is poised to change the game with its innovative interoperable QR code. Currently in its alpha phase, this tool enables sellers to generate unique QR codes that customers can scan using an ONDC-registered buyer app, such as magicpin and Paytm. This initiative is set to expand across the entire network following successful initial testing.

"Today marks a transformative moment in Indian commerce," declared T Koshy, MD & CEO, ONDC, during the launch event for the QR code. "ONDC’s interoperable QR code breaks down the barriers that have held small businesses back. Now, every seller has the power to reach cus tomers digitally, just like the e-commerce giants. It’s a massive leap towards an open, inclusive, and democratized digital marketplace."

Empowering Sellers with Simple Technology

The beauty of this technology lies in its simplicity and potential for far-reaching impact. Sellers can display their QR codes anywhere — on storefronts, products, marketing materials, or social media — instantly connecting with customers both offline and online. For consumers, it means unparalleled convenience: a quick scan with any QR scanner app or ONDC Buyer Apps links them directly to the seller’s online store through their preferred buyer app.

"Think of the local shopkeeper, the street vendor, the artisan — they can now be discovered and patronized by anyone, anywhere," Koshy emphasized. "This isn't just a new feature; it's a catalyst for economic growth and digital inclusion. Millions of businesses will come online, creating new opportunities and driving India’s digital economy forward. Just think of the possibilities!”

A Game-Changer for Small Businesses

Before ONDC’s interoperable QR code, sellers were either not online because of demand generation costs or were having to pay a high revenue share. Now, with this game-changing tool, they can drive their own growth in affordable ways. From the last two years, since its launch, ONDC has been empowering a diverse set of merchants and service providers, from kirana stores to restaurant owners to fashion B2C clients. The key advantage of the QR code is its power to the brand owner or the shop owner. "Imagine you are a kirana store owner. One of the challenges you are facing today is that your target segment is your neighborhood. Nobody's going to come from a few kilometers or tens of kilometers away. So, we want to have all of them aware of your existence," Koshy explained. "Today, everyone knows they can come to you, but what happens in the next generation? By the time the next generation is there, they won't even know where your store is. They'll all do online shopping. So, how will you expand and why would they come to you?"

The ONDC QR code allows small merchants to publish themselves through social media, WhatsApp, or leaflets, saying, "I exist, look at this scan, this QR code." Many big brands, when they advertise their products, will put a QR code saying "scan with any ONDC application”. The nearest store will show it to you because they don't have to go and tie up with each of them separately. They have to only make sure that they're there.

"This way, the shops together with the big brands, will make their existence more relevant in the digital world; otherwise, they will become irrelevant," Koshy noted. "In developed countries like the US, as e-commerce gets more prevalent, small shops or as we say, mom-and-Pop stores are becoming irrelevant. They have no discoverability unless they follow the rules and regulations of a few existing platforms. Here, they have discoverability and existence of their own. Not everyone will succeed, but they have to innovate with good products and offers. This definitely gives them a power in their hand, and the QR code is one more tool."

A Cost-Effective Solution

The qr code costs the sellers nothing they don't need to give any special price to any application. they can generate it and give it to everybody, and they can scan it..

For the food services and restaurants onboarded on ONDC, this new model offers significant advantages. In the existing platform world, there are only one or two options, giving certain privileges. Now, with many seller aggregators, the service is only to make the seller visible to the network, with demand coming from buyer applications. This reduces the rent-seeking capability and profit maximization possible with only a few players, making it more competitive for sellers. Restaurants, for example, can make themselves visible in the ONDC network at a low cost. "If you're a digitized restaurant, you can be visible in the ONDC network, let everybody else bring demand, and use it. It becomes a no-brainer decision to be part of it and benefit from it," Koshy elaborated.

The new network-wide logistics are hyperlocal, available at the most competitive price, matchable to any price that even the established players will offer. This makes it easier for small businesses to compete, offering good food and competitive logistics, representing themselves at a lower cost.

Encouraging Broader Participation

The post-budget reaction to the reduction of TDS on e-commerce to 0.1% and the establishment of export hubs has been positive. "These steps are encouraging for both sellers and startups. My ecosystem consists of merchants, innovators, and startups, and if they're happy, I'm happy," Koshy remarked.

The goal is ambitious. In the next one or two years, the target is to have 500 million ONDC QR codes out there in the country. This ambitious target is reflective of the aspirations of the Indian government and the startup sector. The beauty of ONDC is that it works with a lot of seller aggregators who target specific segments. There are innovations even in small cities, where simple tools will help onboarding easier.

India is considered as the third largest automobile industry. As in India cars are emotions to many people, many people consider the car as a statement of their standard. The country is vibrant with the automobile industry and it can be an exciting journey to explore India’s automobile industry from luxurious rides to rugged performers. Here are the top 10 Car brands in India that have a huge impact on the Indian automobile industry with a revenue of Rs 15 lakh crore by the end of the year 2024 , highlighting their unique features, safety standards, and engineering marvels.

Top 10 Car Brands in India 

Let’s Discover the top 10 car brands in India, and find out about the brand which are driving the Indian market.

1. Maruti Suzuki

Maruti Suzuki is the biggest automaker in India, and it has been making cars that are inexpensive and dependable since 1981. A joint venture of Maruti Udyog Limited and Suzuki Motor Corporation of Japan, Maruti Suzuki is based in New Delhi. The brand's position in the Indian market is strong, as it provides quality vehicles that are both practical and cost-effective. Maruti Suzuki's design philosophy prioritizes streamlined forms and practical features, as seen in the Maruti Suzuki Swift and Maruti Suzuki Baleno, which have aerodynamic shapes and luxurious, tech-rich interiors.

A major area to look out for at Maruti Suzuki is safety, with such standard features as dual airbags, ABS with EBD, and rear parking sensors. The hidden talent under the hood, which is equally good, arranges the Swift with a 1.2-liter DualJet petrol engine of 88 bhp and the Baleno with a similar engine which is enhanced by a mild-hybrid for improved fuel efficiency. The brand has a net income of Rs 13,488 crore as of 2024 and the total asset is worth Rs 115353 crore. Maruti Suzuki's dedication to innovation and efficiency is what made it the most successful car maker in India with over 3.5 thousand exclusive showrooms.

Hyundai Motor India Ltd. which is a subsidiary company belonging to the South Korean firm Hyundai Motor Company was set up in 1967 by Chung Ju-yung and is headquartered in Seoul, South Korea. Hyundai is well known for its stylish and technologically advanced vehicles and has a significant share in the Indian market. The brand is admired for its dedication to the creation of modern, attractive designs, an example of which can be seen in popular models like the Hyundai Creta and Hyundai Verna. These vehicles are characterized by the signature Hyundai cascading grille and elegant headlight design and have spacious interiors that boast the freshest infotainment systems. Besides, the Hyundai vehicles are equipped with safety features like the presence of a multiple Airbags system, ABS with EBD as well as ESC.

Hyundai ensures these engines have strong support for longer use and are well-tuned for both performance and fuel economy. The Creta comes with a powertrain In May 2023, with a 1.4-litre turbo petrol engine that outputs 138 bhp, and if we talk about the Verna, i t has a 1.5-litre petrol engine that is rated at 113 bhp. Currently, the company owns 33.88 percent of Kia Corporation and fully owns two marques including its luxury cars subsidiary, Genesis, and their electric vehicle brand Logic. Hyundai has constantly renewed its quality issues and has come to be trusted by Indian customers who want an innovative model that combines style with performance and safety.

3. Tata Motors

Tata Motors Limited is the automotive manufacturer of the Tata Group and the biggest in India. It has got a prominent place in the development of the Indian automotive sector. The company was established in 1945 by J.R.D. Tata. It is headquartered in Mumbai and manufactures a wide range of vehicles from passenger cars to commercial vehicles. The brand is known for its innovative design philosophy, which emphasizes strength and sophistication. This is evident in models like the Tata Nexon and Tata Harrier, which feature bold and muscular exteriors combined with plush, tech-laden interiors.

The major foundation of Tata Motors is safety, and a lot of models have a 5-star Global NCAP safety rating. Features like ABS with EBD, dual airbags, and an advanced electronic stability program are the standard for the range of models. Tata's engines are made to perform and use less fuel, as the Nexon has a 1.2L turbocharged gasoline engine with 118 hp while the Harrier has a 2.0L diesel engine that produces 168 hp. Jaguar and Land Rover are subsidiaries of the company. The company’s net income is Rs 31,806 crore as of 2024. Tata Motors' persistent efforts toward sustainability and innovation are at the top of the industry and slowly but surely they are gaining influence not only in India but also around the world.

4. Mahindra & Mahindra 

Mahindra & Mahindra Limited is the Indian subsidiary of Mahindra Group, and it is an Indian automobile manufacturer that is big and has been around since 1945 established by J.C. Mahindra, K.C. Mahindra, M.G. Muhammad. The headquarters is in Mumbai, Maharashtra. Mahindra is a well-known name in the production of rugged and reliable vehicles and has a strong market position in the SUV and commercial vehicle segments. The brand's long-time association with hardiness, such as the Mahindra XUV500 and Mahindra Thar models, is still valid today. The XUV500 is well-designed with a roomy interior, while the Thar is a traditional off-road vehicle with a modern style. Mahindra's commitment to safety includes such features as ABS with EBD, dual airbags, and strong structural integrity.

Mahindra automobile-powered engines are full of performance and long-lasting, XUV500 with a 2.2-liter mHawk diesel engine that produces 155 bhp and Thar with a 2.0-liter medallion petrol engine that produces 150 bhp. The subsidiaries include companies like Mahindra Tractors, Mahindra Truck and Bus and BSA Company. The net income of the company is Rs 11,269 crore as of 2024. Mahindra's focus, thus, is not only on delivering powerful, robust, and trendy vehicles but also on establishing itself as one of the most loved automobile manufacturers in India whether one is looking for adventure or reliability.

Kia Motors Corporation which is a South Korean automobile manufacturing corporation was founded in 1944 and in no time it has become a household name in India and entered the market in 2019. The company whose headquarters are in Seoul, South Korea produces stylish vehicles that are packed with lots of features and provide good performance and comfort. The brand's unwavering dedication to agile design can be seen through the Kia Seltos and Kia Sonet, characterized by their dynamic tiger-nose grille and lean body lines that differentiate the Kia brand from others. Kia's driving force is safety, including standard features like multiple airbags, ABS with EBD, and electronic stability control, thus offering an accident-free experience.

The Seltos 1.4-liter turbo petrol engine with a power of 138 bhp and the Sonet 1.0-liter turbo petrol engine with a power of 118 bhp are the two options Kia engines are engineered for maximum efficiency and power. Kia is owned by Hyundai with a stake of 33.88 percent. In India , Kia gained immense popularity due to innovation, quality, and customer satisfaction, making it the choice among consumers looking for style and technology.

Toyota Motor Corporation, which was established in 1937 by Kiichiro Toyoda, is an automobile giant on the world stage. With its administrative center in Toyota City, Japan, it has earned its place among the most dependable and innovative car manufacturers. In India, Toyota is known for its versatile range of vehicles that are suitable to different types of customers. According to Toyota's design approach, practicality and style are embraced, which is the case with the Fortuner and Innova Crysta models. These cars embody audacious exteriors along with lavish and spacious interiors that are made for comfort and utility.

Safety is primarily on the agenda of Toyota, with an array of advanced features including double airbags, ABS with EBD, Vehicle Stability Control, and the Toyota Safety Sense suite, which has sophisticated technologies such as a Pre-Collision System and Lane Departure Alert. Besides being known for their efficiency and reliability, Toyota engines are also known for their ruggedness. With the Fortuner, for instance, you can get a 2.8-liter diesel engine that pumps out 201 bhp and a 2.7-liter petrol engine that gives you 164 bhp on the Innova Crysta. Toyota's commitment to innovation as well as sustainability is one of the major reasons why the company is still the leader in the automotive industry.

Honda Motor Co., Ltd., founded in 1948, is a Japanese globally operating corporation that has a reputation for its engineering and automotive innovations. Honda has its base in Minato, Tokyo, Japan, and it has successfully penetrated the Indian market with a wide range of vehicles. Honda cars stand out with their striking, aerodynamic configurations as can be seen in top models such as Honda City and Honda CR-V, both of which flaunt stylish outsides and high-tech comfortable interiors. Honda is very concerned about safety, which is why standard features like dual airbags, ABS with EBD, and the Advanced Compatibility Engineering (ACE) body structure come with their cars.

This is complemented by the Honda Sensing suite of safety technologies that include features such as Collision Mitigation Braking System and Lane Keeping Assist that provide extra protection to passengers. Honda is known for their excellence in all respects, but the City comes with a 1.5-liter i-VTEC engine that gives 119 bhp, while the CR-V has a 2.0-liter engine that generates 152 bhp. The unwavering commitment of Honda to innovation, performance, and road safety further engraves its existence in the minds of Indian consumers.

Škoda Auto is a renowned automaker known for producing vehicles that blend luxury and practicality, founded in 1895 in Mladá Boleslav, Czech Republic. In India, Skoda has made significant strides with its premium offerings that cater to discerning consumers. Skoda cars are designed with a focus on elegance and functionality, evident in models like the Škoda Octavia and Škoda Kodiaq, which feature sharp lines and spacious, luxurious interiors. Safety is a priority for Škoda, with vehicles equipped with multiple airbags, ABS with EBD, Electronic Stability Control, and Rear Parking Sensors.

Škoda engines are crafted for performance and efficiency, with the Octavia featuring a 2.0-liter TSI petrol engine that delivers an impressive 190 bhp, and the Kodiaq offering a 2.0-liter TDI diesel engine producing 148 bhp. The Škoda Octavia is well-regarded for its smooth ride and high-quality interior, which includes a 10-inch touchscreen infotainment system and a virtual cockpit. The Škoda Kodiaq, on the other hand, is a spacious SUV that offers excellent off-road capabilities and a luxurious cabin. Škoda's commitment to producing vehicles that combine innovation, safety, and elegance has solidified its presence in the Indian market, appealing to those who seek both comfort and performance in their cars.

9. Volkswagen

Volkswagen, the origin of Volkswagen in 1937 sounds like a tale of the German state automobile manufacturer that had been producing cars reliable and well-engineered for decades. The company is headquartered in Wolfsburg, Germany, and is known for its precise engineering and uncompromised quality. Volkswagen India offers a diverse portfolio of cars not only for those who heat their hearts with motors but also for those who are not fanatics, but use them for work and everyday driving . As the brand's signature image is captured in the sleek exteriors and high-quality interior of advanced infotainment systems, models like Polo and Tiguan embody the design philosophy of Volkswagen.

Volkswagen is safety-conscious and integrates features like ABS, electronic stability control, multiple airbags, and rear parking sensors across its entire lineup. The engines of VW cars are intentionally set to be both very efficient and very powerful, with the Polo having a 1.0 lTSI gasoline engine with 108 horsepower and the Tiguan flaunting a 2.0 lTSI engine with 187 horsepower. VW's commitment to engineering perfection and technology is still the preference among Indian customers who are looking for precision and reliability in their cars.

10. Renault

Renault, a French corporation of car manufacturers, was founded in 1899 and has its headquarters in Boulogne-Billancourt, France. Renault is widely acknowledged for its creative designs and for providing cars which not only look good but are also comfortable and practical. In India, Renault has created a special place in the market by introducing models such as the Renault Kwid and Renault Duster, which are made to provide a combination of aesthetic and functional appeal.

The Renault Kwid is selling like hotcakes, especially because of its stylistic design, which makes it look like an SUV while being very compact and suited for the city. T he Duster, in contrast, is a sporty SUV that offers good off-road performance and roomy cabins. Renault puts a cardinal focus on safety, incorporating into its vehicles things like dual airbags, ABS with EBD, and reverse parking sensors . The engines from Renault are not only efficient but also perform well, with the Kwid model using a 1.0-litre petrol engine providing 67 bhp and the Duster model with a 1.3-litre turbo petrol engine giving 154 bhp. Renault's commitment to inventive solutions has become a key reason Indian consumers have been drawn to the brand, who value the exclusive look and solid performance.

At Indian Retailer, we understand Automobile industry is driving the market crazy with unique style and innovative technology. It's important to understand how impactful this industry is, so we have made a list of the top 10 car brands in India with the details of brands, their style, and technology. Above we have mentioned all the information anyone needs to know about the brands to understand the top car brands in India in detail.

FAQs on Top Car Brands in India

1. Which is the No. 1 car brand in India?

Maruti Suzuki is India's Most Popular Automobile Brand. The company has operated for over 40 years and has a wide range of cars to offer, from compact hatchbacks to SUVs.

2. How many car brands are there in India?

It's no surprise that there are over 35 global and Indian car brands active in the country.

3. What is the most expensive car?

The most expensive car ever sold in the world is the Mercedes-Benz 300 SLR Uhlenhaut Coupé, which sold for $142 million in 2022 through RM Sotheby's. 

4. Which car is safest in India?

The Tata Harrier is the safest Indian car as per Global NCAP adult safety ratings. The Harrier prioritizes safety by boasting six airbags as standard, with top-tier variants featuring a driver knee airbag.

5. Which is India's most selling car?

Maruti Suzuki manufactures the best-selling cars in India. 

• Maruti Suzuki
• Tata Motors
• Mahindra & Mahindra

Indian online shoppers exhibit distinct behaviors and preferences, placing a high value on brand trust and the quality of products and services. Indian online shoppers are tech-savvy and value efficiency, relevance, and personalized experiences. Social media ads, search filters, and technologies like AI chatbots and QR codes play significant roles in their shopping journeys.

The Power of Social Media Advertising

According to a survey by Capterra, despite the ubiquitous nature of ads, they remain a potent tool for reaching online consumers. The survey revealed that 70 percent of respondents had purchased one or more products after seeing a social media ad in the past 12 months. Additionally, 69 percent of these shoppers sought more information about a product after viewing an ad, while 65 percent followed the brand. This indicates that even when social media ads do not lead to immediate purchases, they generate significant engagement and build a potential customer base for future sales.

The engagement sparked by these ads extends beyond initial interest, fostering continuous interaction with brands. This ongoing dialogue allows brands to consistently deliver relevant content, updates, and offers to their followers, reinforcing brand presence and increasing the likelihood of converting engagement into sales.

Relevance of Ads

73 percent of respondents found ads acceptable if they were relevant to their interests. This highlights the importance of effectively targeting the right audience. Businesses can leverage marketing automation software to analyze customer data, segment audiences, and deliver personalized content that is more likely to engage and convert.

Interestingly, 53 percent of respondents indicated they found ads for products they had not previously shown interest in acceptable. This presents a significant opportunity for companies to use social media platforms to attract new customers, not just reach existing ones. In a dynamic market like India, where half of consumers are open to discovering new products through social media, effective targeting becomes crucial.

The Role of Search Filters in Online Shopping

Search filters play a significant role in online shopping. The survey found that 52 percent of respondents always use search filters to narrow their product searches, while 36 percent use them often, and 11 percent use them sometimes. However, there are areas for improvement. About 46 percent of respondents found search filters too specific, and 40 percent felt overwhelmed by too many filters.

Too many search filters can confuse and frustrate customers, potentially leading to a loss of interest or search abandonment. Direct and relevant search filters can improve user experience and expose shoppers to products they might not have initially considered.

Growing Interest in Chatbots and QR Codes

Technology has significantly transformed the online shopping experience, making it more efficient and enjoyable. The survey revealed that 51 percent of respondents are interested in using AI chatbots and QR codes for shopping online. These technologies simplify the shopping process and enhance decision-making and satisfaction.

AI chatbots provide real-time, 24/7 customer service, offering tailored recommendations and assisting with purchases. QR codes offer a quick way to access product information, promotional offers, and digital services. These tools make the shopping experience more dynamic and engaging, helping customers find and buy what they need more efficiently.

The Future of AI-Enabled Shopping

The survey indicated that 72 percent of respondents have used AI-enabled chatbots to search for products online and would like to use them again. This growing interest highlights a shift towards a more convenient and interactive shopping experience. According to a Gartner report, by 2026, 50 percent of customer service and support organizations will have implemented GenAI-driven virtual assistants for customer-facing tasks.

GenAI chatbots can simulate human-like conversations, efficiently route conversations to relevant stakeholders, offer personalized responses, and help visualize content. These advancements can significantly enhance customer engagement and satisfaction.

Challenges and Opportunities for Businesses

While technology enhances the online shopping experience, not all consumers feel the same way. About 8 percent of respondents who have used chatbots do not plan to use them again. This indicates that there is still work to be done to improve these tools and address customer concerns.

Businesses must optimize their e-commerce platforms and marketing strategies to gain insights into consumer behaviors and preferences. Enhancing search filters to be more user-friendly and implementing personalized marketing tactics can help companies better connect with online consumers. By focusing on efficiency, customization, and relevance, businesses can increase customer satisfaction and conversion rates.

Indian online shoppers are tech-savvy and value efficiency, relevance, and personalized experiences. Social media ads, search filters, and technologies like AI chatbots and QR codes play significant roles in their shopping journeys. Businesses that recognize and adapt to these behaviors will be better positioned to engage and convert this dynamic consumer base. By leveraging advanced technologies and personalized marketing strategies, companies can enhance their online presence, build brand trust, and drive sales in the ever-evolving Indian market.

• Consumer trends
• Artificial intelligence

India’s beauty market is a burgeoning arena, forecasted to reach a staggering $46 billion in the coming years. International brands are keenly eyeing this vast potential, and Amazon India stands at the helm of this transformation, leveraging its vast reach and robust infrastructure to cater to the burgeoning demand. In an exclusive interaction with Indian Retailer, Zeba Khan, Director, Fashion and Beauty, Amazon India, shared fascinating insights into how the e-commerce giant is navigating this exciting market.

Surge of Global Brands

"You're absolutely right. The Indian beauty market is so ripe," Zeba begins, setting the stage for our discussion. "E-commerce in India is still only about 20 percent of the market. The Indian beauty customer is spending less than one-fourth of what a person in China spends on beauty,” she notes, highlighting the untapped potential in the market. To bridge this gap, Amazon India launched the Global Beauty Store, a curated collection of trending international brands. “We have 60-plus international brands and over 5,000 products on that store,” she adds. This initiative has seen tremendous success, with a 2.5x spike in traffic on launch day alone, underscoring the excitement among Indian consumers for global beauty products.

One of the standout features of Amazon’s approach is its ability to democratize access to these international brands. “We serve almost all the pin codes in India, bringing these products to the doorstep of the last pin code at the convenience of a click,” Zeba proudly states. This level of accessibility ensures that even consumers in remote areas can enjoy the latest beauty trends from around the world.

Trends in Luxury Beauty

Luxury beauty is a fast-evolving segment in India, with perfumes and makeup leading the charge. “Perfumes remain evergreen, with brands like Carolina Herrera now available on our platform,” Zeba shares. The makeup segment is also booming, with renowned brands like Anastasia Beverly Hills making their debut on Amazon India. This marks a notable trend where luxury makeup brands are gaining traction, whereas previously, the focus was more on skincare and perfumes.

Interestingly, there is a growing interest in derma brands. “Indian consumers are very particular about their skin type and ingredients,” Zeba observes. This shift is driven by increased consumer awareness and interest in the specific ingredients and types of skincare products. Indian customers are now well-informed about national brands and equally discerning about the ingredients in these products. As a result, there's a growing trend of people consulting dermatologists and using derma products without hesitation.

To cater to this demand, Amazon launched the Derma Store, offering a curated selection of derma products and expert consultations. “This platform is highly educational and informative, featuring experts who customers can consult. It offers a curated selection of products, providing customers with reliable and specialized skincare options,” she adds.

A Diverse Portfolio

While international brands are a major draw, Amazon India is equally committed to promoting homegrown brands. “We have more than 1,300 homegrown trending direct-to-consumer brands,” Zeba reveals. This diverse portfolio ensures that customers have access to a wide range of products, catering to varied preferences and needs.

For Zeba, this extensive selection is a personal boon. “I shop for Moroccan Oil for haircare, and derma brands for my sensitive skin,” she shares. The vast array of options allows her to explore new brands and products regularly, a perk she relishes.

The beauty industry is no longer the exclusive domain of women. Men’s beauty is a rapidly growing segment, with skincare leading the charge. “Last year, we saw growth in men’s skincare, but now makeup is also picking up,” Zeba notes. Indian brands are catering to diverse skin tones and preferences, encouraging more men to experiment with makeup.

The Beauty Sale

Amazon’s Beauty Sale is a much-anticipated event, offering up to 70 percent off on a wide range of products. “This is our fourth edition. The sale features 8,000-plus deals across international and homegrown brands, with categories like skincare, makeup, and luxury beauty seeing significant traction,” she shares. But the Beauty Sale is more than just discounts. “We have continuous live sessions on our app with derma and makeup experts, social media giveaways, and exciting contests,” Zeba highlights. Additionally, the Amazon Beautyverse brings top creators together to network and educate customers, making the shopping experience both enjoyable and informative.

Exclusive collaborations are a cornerstone of Amazon’s strategy to offer unique products to its customers. “We launched St. Botanica perfumes exclusively with us,” Zeba shares. These perfumes feature scents crafted from the world’s best ingredients, offering a diverse selection to consumers. In the skincare segment, Amazon partnered with CeraVe, a US derma brand in India. “While it wasn’t exclusive with us, we are one of the first few e-commerce partners offering this brand,” Zeba states, expressing excitement about this collaboration.

Amazon India’s vision for the future of beauty shopping is clear: to provide an unparalleled selection of products, ensure authenticity, and offer a seamless and informative shopping experience. With initiatives like the Global Beauty Store, Derma Store, and exclusive collaborations, Amazon is well on its way to transforming the beauty landscape in India.

Zeba Khan’s insights paint a vivid picture of an industry on the brink of a major evolution. As international and homegrown brands converge on the Indian market, consumers stand to benefit from a plethora of choices, expert guidance, and the convenience of shopping from the comfort of their homes. The treasure trove of beauty is truly being unlocked, one click at a time.

• Amazon India
• Beauty Products

In recent years, Bharat has witnessed a significant shift in the eCommerce landscape. Traditionally dominated by major urban centers like Delhi, Mumbai, and Bangalore, the spotlight is now turning towards non-metro areas where the eCommerce revolution is thriving. 

Shiprocket’s latest report titled “How MSMEs of Bharat sell online” sheds light on this transformation, revealing intriguing trends and data that highlight the expanding reach and evolving nature of online retail in Bharat.

71 Percent of Orders from Small Towns

One of the standout findings from the report is the substantial shift of eCommerce activity from metropolitan cities to non-metro areas. In 2023, approximately 71 percent of all online orders originated from these smaller towns and rural regions. This trend underscores a pivotal change in India's retail dynamics, with rural and semi-urban areas becoming significant contributors to the eCommerce growth narrative.

"This shift is a clear indicator of the burgeoning potential in Bharat’s smaller towns," said Atul Mehta, CEO of Domestic Shipping at Shiprocket. "It highlights the immense opportunity for eCommerce growth beyond just the traditional urban centers. The rise in digital access and smartphone usage in these regions is transforming them into vital hubs of online shopping."

Changing Consumer Preferences

Consumer behavior has also evolved, particularly with regards to shopping patterns. MSMEs have noted that 84 percent of their orders are placed over weekends, indicating a preference for shopping during leisure time. The report also reveals that personal care products are leading the charge, accounting for 27 percent of all orders in early 2024. Apparel & footwear and electronics follow, capturing 20 and 9 percent of orders, respectively.

"Understanding these trends is crucial for MSMEs as they navigate the competitive eCommerce landscape. The weekend shopping spike presents a significant opportunity for targeted marketing and promotional strategies. Additionally, the increasing trust in digital payments, with 42 percent of buyers preferring prepaid methods, reflects a growing confidence in online transactions,” explains Mehta.

MSMEs Embrace WhatsApp and Data Analytics

As eCommerce continues to evolve, MSMEs are increasingly integrating advanced technology solutions to enhance their operations. A notable trend is the growing adoption of WhatsApp for direct marketing, with usage rising from 25 to 30 percent among small and medium-sized businesses. This shift towards instant communication channels reflects a broader move towards more personalized and efficient customer interactions.

"WhatsApp and other direct communication tools are revolutionizing how MSMEs engage with their customers. The rise in usage from 25 to 30 percent among SMBs underscores the shift towards more immediate and personal marketing channels. This trend is a testament to the increasing importance of real-time interaction in building customer relationships," said Mehta.

Furthermore, data analytics tools are becoming indispensable for MSMEs. By leveraging these tools, businesses can gain valuable insights into customer behavior, optimize their product offerings, and make informed decisions. "The integration of data analytics is empowering MSMEs to refine their strategic planning and respond more effectively to market trends," Mehta added.

The $300 Billion Vision

The report emphasizes the potential of the Indian eCommerce market, projected to reach $300 billion by 2030. This growth trajectory is expected to be driven by inclusive development, with women-led MSMEs playing a crucial role. Currently, women-led businesses account for 20.5 percent of all registered MSMEs and generate 19 percent of employment, reflecting their significant contribution to the market.

"Sustainability and inclusivity are not just trends; they are shaping the future of eCommerce in Bharat. Women entrepreneurs are making significant strides, and their stories are inspiring. The focus on sustainability, from eco-friendly packaging to ethically sourced products, is also driving consumer preferences and business practices," Mehta noted. 

Sustainability is also becoming a key factor, with a rising demand for eco-friendly practices and ethically sourced products. MSMEs are adapting to these changes by adopting sustainable packaging and exploring environmentally friendly logistics solutions. " Consumers today are increasingly conscious of the environmental impact of their purchases, MSMEs that embrace these sustainable practices will not only meet consumer expectations but also stand out in a competitive market," Mehta observed. 

Indian Brands Making Their Mark Globally

The report also touches on the growing trend of Indian brands expanding internationally. As Indian eCommerce businesses gain traction with unique and well-crafted product offerings, many are finding success beyond domestic borders. " Brands that offer specialized and differentiated products, such as those targeting specific needs like curly hair care, are not just catering to the Indian market but are also making a mark globally, " Mehta observed.

This international expansion is facilitated by the strong foundation and success of these brands in the domestic market. With a compelling brand story and a clear value proposition, Indian eCommerce businesses are well-equipped to enter and compete in global markets. The strength of Indian brands lies in their unique value propositions and the ability to tell compelling stories. When these brands succeed in India, they are well-positioned to replicate that success internationally.

Insights and Opportunities for MSMEs

"As we look towards the future, it is clear that India is poised to become a major player in the global eCommerce arena. The growth of MSMEs, especially those from non-metro areas and led by women entrepreneurs, is a testament to the vibrant and dynamic nature of our digital economy," said Saahil Goel, MD & CEO, Shiprocket. 

The eCommerce sector in Bharat is experiencing a transformative phase, with non-metro areas emerging as key contributors to growth. The evolving consumer preferences, technological advancements, and the increasing focus on sustainability and international expansion are shaping the future of online retail in India. As MSMEs continue to embrace these changes, the potential for further growth and innovation remains boundless.

• growth in India:

The fast-moving consumer goods (FMCG) sector in India is poised for a notable shift, driven by robust growth in the rural market. The rural FMCG volume is expected to grow by 6.1 percent in the current fiscal year, up from 4.4 percent the previous year. This projection presents a strong positive outlook, especially in contrast to the urban market, which is predicted to remain relatively flat at 4.2 percent.

The Rural Challenge: A Seismic Shift

According to a recent report by Kantar Worldpanel, titled 'The Rural Challenge,' suggests that the rural market is on the brink of a significant transformation. Stability in the macro market is anticipated to catalyze this change, potentially enabling rural volumes to catch up with urban growth. Currently, the rural market generates half of the FMCG volume and value in India, underscoring its importance to the sector. The report also highlights that growth in rural areas is largely population-driven rather than consumption-driven.

Premiumization and Evolving Consumer Preferences

Kantar's findings indicate a notable trend towards premiumization in the FMCG sector. As rural consumers experience a higher standard of living, there is an increasing demand for premium products. Categories such as food spreads and dressings, face scrubs, body washes, hair conditioning serums, muesli, and Korean noodles are seeing heightened consumer interest. This shift mirrors trends in other sectors where consumers are willing to pay more for products that elevate their experience.

Additionally, products that simplify daily life and save time are gaining popularity. Liquid dishwashing soaps, liquid detergents, ready-to-cook mixes, cornflakes, oats, frozen foods, and fabric conditioners are among the categories witnessing increased demand. In personal care, items that address specific consumer needs, such as targeted skin creams, sensitive toothpaste, roll-on deodorants, tampons, and prickly heat-cooling powders, are also experiencing higher growth.

Healthier Alternatives and Quick Commerce

There is a growing preference for healthier alternatives within the FMCG sector. Products such as healthy bread, various types of healthy oil (olive, canola, rice bran, flaxseed), sweeteners, sugar-free cold drinks, dark chocolates, and healthy biscuits are becoming increasingly popular. This shift is part of a broader trend where consumers are making more health-conscious choices.

Moreover, the adoption of e-commerce and quick commerce channels is accelerating. Quick commerce, in particular, is seeing significant growth in premium categories, with users frequently purchasing larger packs. This trend indicates a shift in consumer behavior towards convenience and faster delivery times, which are becoming critical factors in purchasing decisions.

Leading FMCG Brands: Parle and Britannia Dominate

The latest Kantar Brand Footprint India 2024 report sheds light on the most chosen FMCG brands in the country. Parle has maintained its top spot as the most chosen in-home FMCG brand for the 12th consecutive year, with a Consumer Reach Points (CRP) score of 7,980 million. Britannia follows closely with a CRP score of 7,937 million. Other leading brands include Amul (6,137 million), Clinic Plus (4,144 million), and Tata Consumer Products (3,035 million).

CRP is a metric that measures brand popularity and reach by combining penetration (the percentage of households buying the brand), frequency (how often they buy it), and population (total households). This metric provides a comprehensive view of a brand's strength and consumer preference.

Out-of-Home Consumption Trends

Britannia leads the out-of-home brand rankings with 628 million CRP points, surpassing Haldiram’s (442 million), Cadbury's (427 million), Balaji (362 million), and Parle (302 million). The report indicates that out-of-home consumption is on the rise, driven by different choice triggers compared to in-home consumption.

Growth and Penetration Insights

Despite a general slowdown in CRP growth across sectors such as FMCG, foods, homecare, health and beauty, and beverages, the dairy sector showed resilience with a 2 percent growth. Haldiram’s and Balaji performed exceptionally well, entering the top 25 in-home brand list with over 30 percent growth in 2023. Brands like Sunfeast, Sunsilk, Stayfree, and Oreo made significant penetration gains, reaching the top 10 list.

K. Ramakrishnan, Managing Director of the South Asia Worldpanel division at Kantar, emphasizes that the increasing availability of brand options is evolving consumer choices in India. This evolution is reflected in the steady increase in CRPs, indicating that consumers are making more frequent purchase trips and expanding their options.

• FMCG sector
• Business Growth
• rural India

The younger generation aims to reach new heights today, especially in entrepreneurship. Gone are the days when a traditional nine-to-five job was the only path to success. With the rise in technology and independence, young entrepreneurs in India are building their own legacies. Resources like online education, crowdfunding, and global market access have made everything easier to reach.

In India, 14 percent of 18-37-year-olds are getting into entrepreneurship. For these top young entrepreneurs in India, it’s not just about making money; it’s about creativity, innovation, and personal achievement. Among them, the top 9 young entrepreneurs in India are setting new standards and inspiring others. This trend has led to a rise in famous young entrepreneurs in India who are making big strides in their fields.

These successful young entrepreneurs in India are especially impressive because they show great drive and creativity. They are not just building businesses but also making meaningful contributions to the economy and society.

Top 9 Successful Young Entrepreneurs in India

Here is a list of the top young entrepreneurs in India in 2024.

1. Anchit and Adwaita Nayar- Nykaa

Anchit Nayar, a successful Indian entrepreneur, is the chief executive officer of the beauty e-commerce giant with ten years of experience in marketing, retail and banking serving in expanding Nykaa retail stores. Adwaita Nayar is also the Chief executive officer of the company. She has instituted Nykaa Fashion Business by supervising NykaaFashion.com with more than ten years of experience in the equity market, fashion and retail.

At the age of 50, Falguni (mother) started the company from scratch with $2 million in 2012 and now has GVM (gross merchandise value) of $1 million during FY2024 a 25 percent year-on-year increase. The Omnichannel company trades in cosmetics and fashion in both men's and women's gentry. The Fashion and beauty retail brand is projected to shoot up 20 percent in CAGR. The B2B segment called the superstore and media arm had grown to Rs 835 crore (59 percent).

Read More:  Female Entrepreneurs : 7 Retail Empires Built in India (2024)

2. Gazal Alagh and Varun Alagh – Mamaearth

Gazal Alagh and Varun Alagh, are successful Indian entrepreneurs and the founder of Mamaearth . The journey of the Rs 2,488 crore personal care company, started when the parents-to-be were searching for toxin-free baby products for their firstborn. The fact that most of the parents were using deleterious products for their little ones, got Gazal (36) and Varun (38) young entrepreneurs in India,  to form a brand that uses well-researched methods to provide baby-safe items.

Mamaearth, a D2C brand, announced the highest quarterly net profit of Rs 30.5 crore for 2023-2024. Consolidated revenue increased by 21 percent year-on-year to Rs 471.1 crore in the fourth quarter of 2024. Mamaearth has grown sales by 21.5 percent and consolidated EBITDA at Rs 33 crore.

Read More:  How the Emergence of Young Entrepreneurs is Reshaping the Notion of Youth in Biz

3. Ankit Nagori - Curefoods

Ankit Nagori (36) an Indian entrepreneur, came across the idea to jump-start a food delivery company, Curefoods in 2020. As time passed, the company climbed the ladder of cloud kitchen by collaborating with various brands. Today, Curefoods has eight affiliated brands named - EATFIT, Sharif Bhai, Olio, Great Indian Khichdi, Rolls on Wheels, Nomad Pizza, CakeZone, Millet Express, Chaat Street and Juno’s. Curefoods focuses on developing food that is made on a sustainable basis, chemical-free items that are loved by consumers covering 75 percent of India’s online food market. Ankit is well-known in both private and professional spheres for his perennial drive for food and fitness, pushing his devotion to the field.

Curefoods, a F&B company has over 200 cloud kitchens and offline stores serving over 10 cuisines between 15 cities in India generating an annual revenue of Rs 412 crore ($51.3 million) for FY2023. It has taken second place in the list of largest cloud kitchen players in India with the philosophy to be a chemical-free, ISO-certified kitchen and hygienic food provider.

4. Bala Sarda- Vahdam

Bala Sarda (25) is a famous Indian entrepreneur in India, who started his business ‘Vahdam’ with the ancestry experience of 80 years in the tea industry. In 2015, to solve the problem of the massive gap of $90 billion in the tea market, he made fresh teas available to consumers worldwide using technology to deliver home-grown tea. He plans to take the Indian tea industry global.

Vahdam generated a revenue of Rs 26.2 million in FY 2023 with an increase of 5 percent CAGR. It generates 90 percent of the revenue from e-commerce and other online sales platforms rest 10 percent from offline presence. Vahdam has 6500 stores globally including the US, Canada and Europe are the main consumer-centric countries. 

5. Dhvanil Sheth- Skillmatics

Dhvanil Sheth (29), a successful Indian entrepreneur, founded Skillmatics in 2016. When he saw his nephew going through a book he realized learning could be done through games. A mover and shaker educational product brand is committed to developing innovative games that build essential skills in children. He started by investing $50.000 and came up with early learning games to help children gain knowledge without applications and smart electronics.

The brand has over 20,000 retail stores worldwide with an omnichannel distribution model. The plan for the company is to hold a dominant position in the global market by expanding product assortment and getting deeper into online as well as offline channels. Skillmatics generated a revenue of $5.9 million (Rs 47.7 crore) and net profit.

6. Ankit Garg and Chaitanya Ramalingegowda - Wakefit

Ankit Garg and Chaitanya Ramalingegowda, young entrepreneurs in India, founded ‘Wakefit’ in 2016 with a well-researched and innovation-driven home and sleep solution brand. Director and Co-founder Chaitanya Ramalingegowda with more than 20 years of experience in managerial capacities in large and start-up companies, looks upon all front-end operations such as sales, marketing, technology and consumer experience. Ankit Garg Co-founder of Wakefit leads the product development, design, research and innovation operations for the company with over 10 years of experience in the professional domain.

Wakefit, a sleep and home solution company, follows a niche delivery model with a product-oriented approach that exercises research and innovation to be ahead of the industry. As of FY 2023, the company has a valuation of $ 275 million and an annual revenue of $102 million along with total funding of $145 million.

7. Manoj Meena - Atomberg

Manoj Meena is a young Indian entrepreneur who noticed an energy efficiency problem in India. To solve the concern they catered to making energy-efficient smart appliances like the smart BLDC fans which reduce energy consumption by up to 65 percent. The story of Atomberg starts with two IIT Bombay friends,  Manoj Meena and Sibabrata Das. 

Atomberg is a pioneer in the premium fans segment along with expanding newer categories like mixers, grinders and smart locks. The company has more than 30,000 retail stores across 400 tons in India and also has a presence in all e-commerce platforms. The company has an annual revenue of $80.9 million and a valuation of $359 million as of FY2023.

8. Harsh Lal- Souled Store

Harsh Lal, a young entrepreneur in India and the owner of Souled Store founded the brand in 2013 to overcome the gap between fashion and customers. Harsh Lal is the modern-day entrepreneur and the co-founder of the souled store overseeing licensing, retail and marketplaces for the biggest brand for offline merchandise with products from T-shirts, backpacks, and phone covers to socks and badges.

The company has an annual funding of $29.4 million and a valuation of $98.6 million in FY2023 with a total funding of $29.7 million. 

9. Siddharth Dungarwal- Snitch

Siddharth Dungarwal,  a successful young entrepreneur and the founder of Snitch, always had a passion for fashion, he entered into the industry mainly self-tutored and started by providing products under the Snitch label, distributing to different retailers. It started with the D2C brand through “snitch.co.in” a website offering unconventional styles in male fashion.

The brand has achieved a GVM of Rs 400 crore and sets its sights to reach Rs 600 crore at the end of FY2024. 80 percent of the operating revenue is driven by the men's fashion category with a 130 percent increase in sales. 

Final Outlook 

In the Indian Retailer's eye, the country is a hub of opportunities for young entrepreneurs. Everyone has a new idea to develop and produce, filling the gaps in the market. Making it easier for customers to attain their needs. Bring creative thoughts and knowledge for others to gather, and achieve entrepreneurial goals. These top 9 young entrepreneurs in India are a great inspiration for the youth of the country. Get inspired and start your venture!

What is a young entrepreneur?

A young adult who starts a business in a particular field. A person who thinks about taking a risk and starting a new venture from scratch along with contributing towards society as well.

Who is the most famous young entrepreneur in India?

Gazal Alagh and Varun Alagh followed by Anchit Adwaita Nayar and Ankit Nagori are the top 3 most famous young entrepreneurs in India.

Who is the first woman entrepreneur in India?

Kalpana Saroj is the first woman entrepreneur in India.

Ever imagine why smartwatches are more popular than regular watches? Because they can do so much more than just tell you the time and date. From tracking your steps and distance, counting the calories burned, to watching your heart rate and monitoring your sleep patterns, they are your personal trainers. So are you excited to uncover more features about the top 10 best budget smartwatch brands in India? Let’s find out who’s leading the Indian market size of $33.58 billion and what are your best options.

10 Best Affordable Smartwatch Brands in India 2024 - Top Picks

Below are the top 10 affordable smartwatch brands that are leading the Indian market with budget-friendly prices.

Check More:  Top 10 Ladies Watch Brands in India

BoAt is one of the leading earwear audio brands in India, founded by Aman Gupta and Sameer Mehta in 2014, headquartered in Mumbai. BoAt quickly became famous in India's wearable technology market. The boAt also provides a reasonable price range of Rs 800 to Rs 6,000 of smartwatches, so you can be sure that this is one of the most affordable brands showcasing its tech products.

The most popular boAt products include functionalities such as bright displays, and also health monitoring services. The Xtend series possesses a 1.69-inch screen with Alexa built-in, interchangeable watch faces, and a SpO2 monitor, which is a very useful and good thing for people who care about their health. At the same time, the brand is tied up with IPL teams for its marketing which is the other part of the reason why its status is the best as a tech company. The name 'boAt' is a very interesting one, and it represents a journey that is not lost in the sea of technology and lifestyle products, which in a way, is the brand's strength of resilience and innovation.

Best-Selling Models:

Check More:  Top 10 Affordable Watch Brands in India for Every Style

NOISE started its journey selling smartphone accessories but it’s today renowned for smart wearable and wireless headphones. The name is now a highly recognized technology brand in India. The name NOISE represents the voice inside each of us, the only voice which can push each one of us every day for the daily hustle and win in life. And that NOISE gave the wings to both Gaurav Khatri and Amit Khatri to come into existence in 2014 as the creators of Noise. The brand is based in Gurugram and offers affordable and budget-friendly smartwatches which are loved by people with different interests and are in the price range of Rs 1,000 to 8,000.

Among the most popular models that Noise produces are the ColorFit Pro 4. Its ColorFit Pro 4 is the name of a watch that has a 1.72-inch touchscreen, along with 24/7 heart rate tracking and SpO2 measurement, making it an optimum choice for fitness freaks. Noise is among the few who are trying to take technology to the heights of innovation through products like AMOLED screens, Customizable Watch faces, and Seamless smartphone Integration. With a gonoise.com platform dedicated to lifestyle gadgets, Noise frequently introduces creations that are out of the ordinary to the market, thus underlining the company's philosophy.

Titan, a trusted brand in the Indian watch industry, was founded by Xerxes Desai in 1984. Headquartered in Bengaluru, Titan is part of the Tata Group and has made a significant impact in the smartwatch segment with a price range of Rs 2,500 to 25,000. Popular models like the Titan Crest and Titan Smart offer a blend of elegance and advanced technology. Titan brings you a lot of smartwatches that can meet different tastes and needs, nowadays. The Titan Smart Watch with a 4.97 cm Super AMOLED display comes with SingleSync Bluetooth, AI assistant, and a durable IP68 rating.

Similarly, the Titan Crest features a 3.63 cm AMOLED display with Always-On functionality, a crown that helps in easy navigation, and supports Bluetooth calling Titan Celestor has highly accurate GPS for tracking, an altimeter, and a barometer, is perfect for outdoor enthusiasts for reliability. Associated with brands like Tanishq, Fastrack, and Sonata, 

Timex , a watch brand with a rich heritage, was started named Waterbury Clock Company in 1854. It was purchased by Thomas Olsen and renamed to Timex which is based in Middlebury, Connecticut, US. Timex has a stronghold in the Indian market with budget-friendly smartwatches ranging from Rs 1,000 to ₹15,000. The Timex iConnect Active is one of the top models. The iConnect Active comes with a touchscreen display, which is the main feature that sets it apart, and the ability to change the watch faces and the 24/7 monitoring are cool features.

The brand Timex has been giving the market the impression of being classic and reliable with a timeless design and great performance, the main features that users see when using them to monitor their health. With brands like Adidas, Guess and Versace under its umbrella, Timex progresses to develop its partner-built reputation of innovation and mass appeal, thus maintaining its name, which merges 'Time' with 'Kleenex.'

Best-Selling Mod els:

5. Fire-Boltt

Fire-Boltt is a smartwatch brand which is affordable and stylish at the same time was established by Arnav Kishore and Aayushi Kishore in the year 2015. Headquartered in New Delhi, Fire-Boltt is a brand that provides smartwatches which are priced between Rs 800 to 5,000. The brand offers a 1.39-inch AMOLED display, Bluetooth calling, and also an AI-based voice assistant, although its model is among the top ones appreciated for its full-touch display, SpO2 monitor, and sports modes.

Fire-Boltt smartwatches are appreciated for their stylish design, and the cheap price tag of the watches, which also often include IP67 water resistance and multiple sports modes. The company is oriented toward the audio and fitness accessory devices segment and it offers a striking combination of both speed (Bolt) and passion (Fire) as seen in its vibrant product line-up. Bolt is partnered with Amazon, Croma, Reliance Digital, etc for its product sales in addition to their website.

Hammer , the tech start-up wearable brand that offers smartwatches at a very stylish range of products at a very affordable price, was established by young spiritual leader, Rohit Nandwani, in 2019 and soon drew attention for its chicness and pocket-friendly price tags. Situated in Haryana, Hammer watches have costs ranging from Rs 1,000 to 4,000. Its products include LCD and AMOLED displays, a 1.69-inch display, SpO2, heart rate monitoring, and sports mode options, Pulse ACE comes out on top, whereas the simplicity of Solo catches the consumer's eye along with its health tracking options.

This brand is centered on the creation of impressive and long-lasting devices that serve the purpose of fitness tracking and smart notifications. Their collaboration with the company Nykaa allows them to expand their production line.

7. Fastrack

Fastrack , which is a sub-brand of Titan, is a fashion accessory retail brand designed to attract the energetic youthful market. Established in 1998, the company’s headquarters is located in New Delhi, and the first store was opened early in 2009. The company's smartwatches are priced between Rs 1,500 to Rs 7000. Fastrack has released several wristwatches over the years, some of them, for example, Fastrack Reflex Hello and Fastrack Reflex Beat are their popular models.

Fastrack's emphasis on the latest style, and durability, and the Reflex mobile app that can provide a thorough classification of physical activities and fitness are among the company's attributes. Jointly with Titan, Sonata, and Tanishq, Fastrack will not lose its shine with the new generation, who are the major clients themselves because the brand name is synonymous with speed and modernity. Fastrack entered the Affordable Smart Segment with the launch of Reflex Beat+ in 2023.

Pebble, a tech company that offers a diverse range of smartwatches is the most funded project of Kickstarter, funded around $10.3 million. Established in the year 2013 by Eric Migicovsky. Pebble has established its presence in the Indian market with smartwatches priced at Rs 1,000-6,000. The most sought-after ones are, however, the Pebble Revolve and Pebble Royal.

Pebble smartwatches are widely granted for their sleek design and nifty pricing, allowing basic functions such as IP68 water resistance and various sports modes. The name 'Pebble' stands for simplicity and timelessness, with a focus on the creation of products that combine visual beauty with practical features. Pebble is partnered with Amazon, Myntra, Nykaa and Croma for its sales.

Redmi is one of the leaders in the smartwatch market thanks to its affordable and feature-rich products. It is part of the brand Xiaomi which was set up by Lei Jun in 2010. The brand is headquartered in Beijing, China. The Watch 3 Active and Watch 2 Lite models come with a 1.83-inch HD touchscreen display through which you can have a heart rate; it also offers over 110 fitness modes including 10 different water sports and can display information, such as OS.

The Redmi smartwatches exclusively draw their success thanks to their mega battery life, state-of-the-art displays, and in-depth health options. Oftentimes these academic activities are at affordable prices. Dedicated to healthier living and healthy physical and mental development, these gadgets are part of the well-being approach that Tech can offer. The Mi. Fit app has been integrated with it to get all-round features and great usability and convenience.

Maxima is a well-established name in the Indian watch industry, having expanded into the smartwatch sector with offerings that blend tradition with modern technology. Maxima was launched under P.A. Time Industries, founded in 1962 by Mr. GS Purewal. In India, It is headquartered in Solan, Himachal Pradesh and provides smartwatches in the affordable price range of Rs 1,500 to 5,000. Known for its commitment to quality and affordability, Maxima has a strong market presence with bestselling models like the Maxima Max Pro Hype and the Maxima Max Pro Fire.

Maxima's smartwatches have a 1.83'' display with a tap advanced calling function. It uses an advanced JL7012 chipset and is enabled with features like AI voice assistant, inbuilt games, smart notifications and multiple cloud-based watch faces. Some of the models are also water resistant, include additional features like SPO2 and sleep monitoring, and are powered with the GloryFit app for user interaction. Maxima smartwatches are lauded for their user-friendly interface and reliability, appealing to consumers who seek a balance of technology and affordability. Maxima is partnered with Amazon, Ajio and Nykaa.

At Indian Retailer, we understand how important it is to know about the brands before purchasing any technical stuff, you need to know everything about the brand and its technology. So for that, we prepare a list of the top 10 affordable smartwatch brands in India to help you make an informed decision.

FAQs on Affordable Smartwatch Brands in India 

1. What is SpO2 in a smartwatch?

The term blood oxygen level, represented as Sp02, refers to the amount of oxygen saturation in the blood.

3. Which shape is better for a smartwatch?

There are two popular designs of smartwatches: round-faced and square-faced. Round-faced watches sell better than square-faced watches, most probably because of psychological reasons.

4. What is the life of a smartwatch?

Most smartwatches can last for 2 to 5 years depending on several factors, including the brand, model, and how often it is used.

5. Which watch brand is most famous in India?

Titan, BoAt, Timex, Fasttrack, and Noise are the popular choices in Smartwatches.

• titan watches

Imagine unwrapping a gift so exquisite that it feels like a treasure trove of delights, each piece as precious as a jewel. Mars Wrigley India has just launched something that promises to redefine the way we think about gifting: GALAXY® Jewels. This isn’t just another box of chocolates — it's an experience, a statement, and a celebration all wrapped into one. From the moment you set eyes on its disruptive packaging to the last bite of its luxurious flavors, the newest entrant in the premier gifting market is designed to captivate and enchant.

The sleek, jewel-like design isn’t just about aesthetics; Mars Wrigley India has poured its legacy of over 20 years of global success into creating an offering that is as much about the visual and sensory pleasure as it is about taste. The box offers four individually wrapped flavors: Smooth Milk, Crispy, Caramel, and Dark Cream, and is available in two sizes — priced at Rs 299 and Rs 549.

 “At Mars Wrigley, we believe in the power of creating iconic brands that become a part of people’s fondest memories. GALAXY® Jewels embodies this philosophy with its luxurious pralines in delectable flavors and elegant packaging, making it the perfect gift to celebrate special moments. We are focusing on the fast growing premium gifting segment and this will make Galaxy’s play in India more complete,” says Nikhil Rao, Chief Marketing Officer, Mars Wrigley India.

A Strategic Move

With its focus on the fast-growing premium gifting segment, Mars Wrigley India is strategically positioning GALAXY® Jewels in the top tier of the market. The company is targeting e-commerce, modern trade, and standalone supermarkets, primarily in metros and Tier I cities. Rao explains, “Our focus right now is on the top end of India. We are going to participate in e-commerce, modern trade, and standalone supermarkets. It will largely be metros and Tier I cities.”

Quick commerce is an essential part of Mars Wrigley’s strategy. According to Rao, quick commerce has been growing rapidly and significantly contributes to the business. He confirms that the newest launch would be listed on quick commerce platforms, ensuring that consumers can quickly and easily purchase this luxurious treat.

When it comes to market penetration, Mars Wrigley India is taking a measured approach. “We are largely a premium player compared to the Indian market and we are focused on metros, Tier I and Tier II. We do not go beyond that. We have not entered rural India yet,” Rao shares. The company employs a hub-and-spoke mechanism to reach Tier II towns indirectly, ensuring focused and strategic growth.

Collaborations and Brand Extensions

Mars Wrigley India is open to collaborations and brand extensions, although no specific plans are in place yet for GALAXY® Jewels. Rao mentions that while they have done successful collaborations globally, they were still exploring opportunities in India. “We would be keen to partner with the right brand, the right company,” he says.

Looking ahead to FY25, Mars Wrigley India plans to continue its sequential expansion. “India is such a massive market. The chocolate category reaches out to 50 lakh stores, and today we are present in 5 or 6 lakh stores. It is an inch-by-inch, step-by-step kind of process,” explains Rao. The company’s focus will remain on core brands like Snickers, Galaxy, and Boomer, with innovation contributing to 10 percent of growth.

In an era where digital and social media marketing are crucial, Mars Wrigley India is tailoring its strategies to engage Gen Z. Rao acknowledges the short attention span of this demographic and emphasizes the importance of digital and social media marketing. “The TV is more geared towards their parents, I guess. And the younger ones,” he concludes.

Haier India is blazing a trail in the consumer appliance market, redefining how traditional brands can evolve into modern, innovative hybrid retailers. NS Satish, President of Haier Appliances India, recently shared insights with IndianRetailer about the company’s transformation and its strategies to meet the dynamic demands of today’s consumers.

The Indian Consumer Electronics Landscape

India’s consumer electronics market is on a rapid growth trajectory, driven by rising disposable incomes and technological advancements. In FY24 (April-January), electronics exports reached $22.64 billion, and India aims to achieve $300 billion in electronics manufacturing and $120 billion in exports by FY26. By 2025, India’s Consumer Electronics and Appliances Industry is projected to be the fifth-largest globally. The market, valued at $9.84 billion in 2021, is expected to nearly double to $21.18 billion by 2025.

NS Satish notes, "The growth in India’s consumer electronics market presents both immense opportunities and intense competition. As a key player, Haier India is committed to leading this evolution through innovation and customer-centric strategies."

Overcoming Traditional Challenges

Transitioning from a traditional appliance brand to an omnichannel retailer has been a complex journey. Haier India faced several challenges, particularly in a high-involvement category where repurchase cycles are long. Satish explains, "We are in a high involvement category. The average life of a repurchase has dropped from 10 years to 6 or 7. This means consumers are more engaged and discerning."

One major shift for Haier was reducing the traditional product introduction cycle. "We moved from a traditional marketing focus to a digital-first strategy. This summer, we were print-free. Not a single newspaper ad was released," says Satish. This bold move reflects Haier's commitment to staying ahead of the curve.

Innovation at the Core

Haier’s commitment to innovation is evident in their product designs. For instance, their bottom-mounted refrigerator has been a game-changer. Satish elaborates, "We redesigned our refrigerators with the freezer at the bottom. This user-centric innovation has allowed us to capture 75 percent of the market in this segment."

Data-Driven Decision Making

In today’s competitive market, data analytics is crucial. Satish shares, "We combine data analytics with ground reports to make informed decisions. Experience alone is no longer sufficient; the market is evolving too quickly."

A notable example is Haier’s campaign for refrigerators. "We saw that the highest number of clicks was coming from Bihar. This insight led us to adjust our strategy and implement geo-fencing to better target our audience," Satish explains.

Understanding Consumer Segmentation

Haier India has tailored its marketing strategies based on household decision-makers. "In our market, different products are decided by different family members. Understanding these dynamics helps us tailor our strategies effectively," Satish says. This approach allows Haier to connect with various consumer segments more effectively.

Embracing Omnichannel Strategies

Haier’s omnichannel approach balances online and offline experiences. Satish emphasizes, "Price parity between offline and online channels is crucial. If there’s a discrepancy, it leads to dissatisfaction. We need to ensure a seamless experience across all touchpoints."

Dynamic pricing is another challenge. "Consumers are highly sensitive to price differences. They are willing to travel to save even a small amount. We have to manage this sensitivity carefully," Satish explains.

Adapting to Consumer Behavior Shifts

The shift towards online shopping for high-value items was surprising for Haier. "When we first ventured into e-commerce, we didn’t anticipate high-value items like side-by-side refrigerators selling online. Today, we sell over 2,000 of these refrigerators online every month. This shift highlights the importance of adapting to consumer preferences," Satish reveals.

Advice for Omnichannel Success

For brands aiming to thrive in an omnichannel environment, Satish offers valuable advice, "Understand the changing decision-making processes of consumers. They expect everything to happen instantly and online. Maintaining price parity and providing a seamless pre-sale and post-sale experience are crucial."

Under the leadership of NS Satish, Haier has not only adapted to market changes but has actively driven them. As Haier continues to grow, its commitment to digital transformation and customer-centric strategies will remain central to its success in the competitive Indian market.

• Consumer Durable brands

Want to know about the top 10 formal men's wear brands in India? The formal men's wear industry has taken a steep curve over a period of time in the Indian fashion market. Formal attire serves as the perfect option in case of a professional occasion, a wedding, or a casual meet as well, making you stand outside the crowd. There has been an evolution of formal men's wear from designing to using technology in the fabrics. To answer the question, here are the top 10 formal men's wear brands in India.

Top 10 Men's Formal Wear Brands in India

Here are the top 10 formal men's wear brands that every retailer should consider stocking:

Raymond Ltd was established in 1925 in Thane, Maharashtra as a woollen mill. Raymond Group has over 60 percent market share in the fabric industry in India. It was founded by Albert Raymond and Abraha[node:title] - Indian Retailerm Jacob Raymond and later passed on to Lala Kailashpat Singhania in 1944. Today Gautam Singhania is the Chairman and the Managing Director of Raymond Ltd.

Aparshakti Khurrana and Aakriti Ahuja are the brand ambassadors of the apparel brand. Presenting a huge catalogue of formal men's wear in India. Raymond has various associated brands- Raymond Fine Fabrics, Raymond Ready to Wear, Park Avenue, Parx and Colorplus serving all types of styling in formal men's wear. It has a presence in over 1000 outposts within 600 towns and cities in India. 

Rare Rabbit

Rare Rabbit, owned by Manish Poddar, saw a gap in the Indian apparel market for men's fashion. Hence, he started a flagship store of Rare Rabbit in Bengaluru along with an e-commerce website in 2015. The parent company of Rare Rabbit is Radhamani Textiles, owned by the Poddar family. 

It has over 135 physical stores in India across Tier II and II cities. The House of Rare Rabbit has an associated premium women's wear brand named Rareism and another brand named Articale. It has an omnichannel presence as well. 

Marks & Spencer

Marks & Spencer is a British retail company formed in 1884, earlier called as Marks and Sparks. It was founded in London by Michael Marks and Thomas Spencer. It deals in the retailing industry with 434 stores globally (Source: Wikipedia). Along with an e-commerce platform, it has its own 39 websites worldwide.

This public listed company has collaborated with reality stars- Mark Wright and Spencer Mathews. The partnership launched its A-list star Sienna Millers clothing range. Marks & Spencer has also shaken hands with Vick Hope, an influencer on social media platforms, to reach its customers. 

Van Heusen is a premium formal men's wear brand known for fashion for professionals. It was developed by Moses Philip and his son Isaac. Founded in 1881 in Pennsylvania, it is a premium formal men's wear brand in India. Father and son duo sold hand-sewn shirts to coal miners, made by Phillip’s wife Endel. Time passed and the company expanded its operation to New York City. In New York, the encounter happened between Van Heusen and Phillip and an alliance was formed named Phillip Van Heusen.

It has more than 300 stores. These standalone outlets are present across 70 counties and 5 continents, providing billions to its retail sales. Van Heusen has been working on sustainability measures in collaboration with various brands like Forest Stewardship, SmartWay, Textile Exchange and more. It entered the Indian market in 1990 when Aditya Birla Group gained a license of operation for the company. India has 97 retail stores along with an e-commerce presence of Van Heusen. 

• Louis Philippe

Louis Philippe is a leading brand in the formal wear segment for men in India. Founded in 1989, named after the king of France, is a part of Aditya Birla Group, a multi-industry corporation. It is a subsidiary of Madura Fashion and Lifestyle that is a benchmark for premium formal men's wear.

It has 300 plus stores across 100 cities in India. Along with that, it has its e-commerce website globally and flagship stores, exclusive brand outlets, Planet Fashion, trouser town, departmental stores and multi-brand outlets. 

• Peter England

Peter England, a top-rated formal men's wear brand in India, started its journey in 1889 in Ireland. It provided attires in the Boer War, later owned by Coats Viyella, a British company. Its presence in the Indian market was obtained by Madura Fashion and Lifestyle, a subsidiary of the Aditya Birla Group in 2000. Now Peter England is in an alliance between Aditya Birla Group and M2C2 group. 

Peter England is present in more than 1000 exclusive stores, and 3500 multi-brand outlets within 800 towns in India. It is operated from an e-commerce platform as well.  ABFRL has a portfolio of leading clothing brands in India- Peter England, Allen Solly, Louis Philippe and more. 

• Park Avenue

Park Avenue is owned by Raymond Group in India. It is known as the exclusive formal men's wear brand in India. This fashion brand was born in 1986, creating a space in men's wardrobes. It is a premium apparel brand with a presence all across India. Park Avenue is available in 8 cities with 12 exclusive stores in India. It is expanded through multi-brand outlets and under Raymond which has chains of flagship stores across 150 cities in the country. The clothing brand had collaborated with actor Siddhant Chaturvedi for Park Avenues Deo for men. 

Allen Solly 

Allen Solly was founded by William Holin and Company Limited, and made an entrance into the Indian market in 1993. Today, the formal men's wear brand is a division of Aditya Birla Group. The brand is present in 200 outlets in India, including retail stores in malls. It also has brick-and-mortar stores, EBOs (Exclusive brand outlets) and an e-commerce presence. Indrani Dasgupta has collaborated with Allen Solly as the brand ambassador. Sooraj Bhat is the CEO of the company and serves in the retail segment for Allen Solly. 

United Colors of Benetton 

United Colors of Benetton was launched in 1965. The journey of the formal men's wear brand started in Ponzano Veneto, Italy. It is solely owned by the Benetton Group which has about 5000 stores globally. It has an afflicted brand called as Sisley that is making apparel in urban lifestyle. 

The brand made an entrance into the Indian market in 2011, with a 20-year expansion plan in mind. It had 400 stores in 100 cities in the country in the early stages. The fashion retail brand has 6,000 stores in 120 countries globally.

Jack and Jones

Jack and Jones is a brand founded in Denmark in 1990. It started with just jeanswear in the initial stage of its retailing parented by the Bestseller Foundation. Today, it is the best-selling formal men's wear brand in India owned by Anders Holch Povlsen. It has 1000 stores in 38 countries worldwide. Jack and Jones have five associated brands - Jack and Jones Vintage Clothing, Premium by Jack and Jones, Originals by Jack and Jones and Core by Jack and Jones. It is operated in India through 69 EBOs and 221 shop-in-shop stores. Actor Ranveer Singh has joined forces with Jack and Jones to unveil different collections. 

Final Outlook

In the eyes of Indian Retailers, these brands top the list of best formal men's wear brands in India. Each brand has something exclusive to look out for. These top 10 formal men's wear brands cater to all the needs of their audience by using technology and sustainability methods in their apparel business. Formal wear is a fit suitable for any occasion and these brands are there to give options to a wide range of customers. 

What are the 3 best formal men's wear brands in India?

The 3 best formal men's wear brands are Raymond, Rare Rabbit and Marks and Spencer. 

Which brand offers customisation in the list?

Raymond and Louis Philippe are the brands offering customisation for formal men's wear. 

Is formal wear suitable for casual events?

Yes, formal menswear enhances the appearance of casual or formal events. 

Which Indian brand is known for having colors in its stores?

United Colors of Benetton is known for having creative and attractive visual merchandising.

Related Articles: 

• Top 10 Men’s Clothing Brands Every Stylish Man Should Check Out
• Top 10 Best Formal Shirt Brands in India 2024

Earlier in News:

• Powerlook Men’s Fashion Launches New Store In Pune
• Marks and Spencer

Union Finance Minister Nirmala Sitharaman has recently represented the first budget of PM Modi government’s third term in parliament. A range of economic measures and policy changes were also introduced aiming at stimulating growth and addressing various sectoral challenges. Sitharaman highlighted Modi 3.0’s roadmap aiming to transform India into ‘Viksit Bharat’ by 2047. 

In the budget session, the Finance Minister reduced custom duties on gold and silver jewelry to 6 percent, and platinum to 6.4 percent. The following move will lead to increasing demands. The jewelry market which is a significant segment of India’s retail industry is poised to experience notable shifts due to the new budgetary provisions. The decision to reduce the basic customs duty on the jewelry market has always been a long pending demand in the jewels and gems industry. 

" The decision to reduce customs duty on gold and silver to 6 percent, and on platinum to 6.4 percent, is a welcome move that will have a positive impact on the precious metals market. This reduction will make gold, silver, and platinum more accessible to consumers and investors, stimulating demand and enhancing market liquidity. We believe this policy change will encourage the growth of the jewelry and bullion industry, fostering economic development and creating new opportunities. This budget reflects a strategic approach to strengthening the sector and supporting its long-term sustainability ,” stated Aksha Kamboj, Executive Chairperson, Aspect Global Ventures and VP, India Bullion Jewellers Association (IBJA).

According to the experts, this reduction in the customs duty on the jewelry will lower the prices of gold, silver, and platinum jewelry. The support initiated for Micro, Medium, and Small Enterprises (MSMEs) will also aid many of the nation’s jewelers. Also, in the long run, this could potentially widen the trade deficit and there are chances that it further weaken the rupees. 

MP Ahammed, Chairman, Malabar Group commented, “ The reduction in import duty on gold has been a long-standing demand for gold retailers, and we are extremely grateful to the Union Finance Minister for addressing this issue in today’s Union Budget by reducing the duty from 15 percent (including cess) to 6 percent. This move not only relieves consumers who have eagerly awaited this announcement but is also expected to boost gold demand in the country and create jobs for artisans. High import duty often leads to increased smuggling of gold through illegal routes, which hampers the growth of the organized retail gold trade and results in revenue losses for the government. It is expected that the duty reduction will drastically cut down gold smuggling, thereby curbing illegal trade and enhancing tax revenues. This reduction benefits organized retail jewelers, consumers, and the government, making it a positive development for all parties involved. ”

Vidita Kochar, Co-Founder, Jewelbox also stated , “ The recent reduction of customs duty on gold to 6 percent marks a significant advancement for the jewelry industry, enhancing its competitiveness and making it more accessible to consumers. This move aligns seamlessly with our commitment to providing high-quality, affordable lab diamond jewelry to our customers. Additionally, the abolition of the angel tax is a laudable initiative that will invigorate India’s startup ecosystem. This change is poised to spur innovation, attract global investors, and provide a substantial boost to startups. We are confident that these measures will significantly contribute to the growth and dynamism of both the jewelry sector and the broader startup community in India .”

The increasing demand for gold from India could boost global prices, which is estimated to reach a record high earlier this year. This could also possibly result in growth in India's trade deficit and will put additional pressure on the struggling rupee. The Finance Minister also announced the reduction in the cost of production of other metals like steel and copper. 

concerning the near future, the provisions introduced in the budget are expected to contribute to the overall development of the jewelry industry. Also, the focus on supporting SMEs and artisans is also expected to strengthen the sector's foundation and will promote a more inclusive market ecosystem. This will benefit local jewelers and artisans and will enable them to scale their operations and adopt modern practices while preserving traditional craftsmanship.

Ramesh Kalyanaraman, Executive Director, Kalyan Jewellers said , “ We welcome the 2024 Budget's progressive measures to reduce customs duties on gold, silver, and platinum. These changes, coupled with the government's commitment to enhancing domestic value addition and craftsmanship, are poised to significantly benefit the jewelry industry, further contributing to the sector’s growth. The new tax regime, with its focus on increased disposable income, will boost demand for jewelry as consumers will invest in asset creation. Kalyan Jewellers looks forward to leveraging these positive changes to further enhance the quality and global competitiveness of the organized Indian jewelry sector, contributing to the industry's growth and India's continued economic prosperity ." 

Vipul Shah, Chairman, GJEPC also expressed , “ The Union Budget 2024 is a game-changer for the gems and jewellery sector. The reduction in import duties on gold and silver to 6% and platinum to 6.4 percent is a major boost for our industry, enhancing affordability for consumers and competitiveness for the manufacturing sector by releasing working capital. The abolition of the 2 percent Equalization Levy and introduction of the Safe Harbour Rule on the sale of rough diamonds at SNZs will firmly establish India as a global rough diamond trading hub. These combined measures will propel the sector’s growth, and generate lakhs of employment opportunities by benefitting the small-scale jewellery manufacturers & exporters and diamond cutters and polishers, thus contributing significantly to India’s vision of becoming a Viksit Bharat by 2047 .”

The Union Budget 2024 represented by Sitharaman will have a mixed but largely favorable impact on the Indian jewelry market. The planned reductions in customs duties will set a positive trajectory for the industry's growth. However, the market will need to navigate potential challenges and leverage the opportunities presented by these changes to achieve sustainable and long-term success. Overall, the trends in both gold and silver markets highlight a resilient landscape, offering strategic opportunities for informed investors.

The Union Budget 2024 announced by India’s Finance Minister Nirmala Sitharaman has introduced a series of measures poised to energize the mobile industry. By slashing the basic customs duty on critical mobile components, the budget not only supports local manufacturing but also aims to make cutting-edge technology more accessible to consumers across the country.

‘Viksit Bharat’ is a forward-thinking approach to job creation, skill enhancement, and MSME support. Sitharaman also mentioned that duties on ‘oxygen-free copper for manufacture of resistors’, hitherto set at 5 percent, would be eliminated.

The "Make in India" campaign, which aims to stimulate local manufacturing and cut production costs for original equipment manufacturers (OEMs), is expected to benefit greatly from Sitharaman's declaration. This decrease in import taxes follows comparable tax breaks on essential parts like lithium-ion batteries and camera lenses from the previous year, which similarly sought to increase domestic manufacture of electric cars and cellphones.

Custom Duty Reduction

In a bid to foster a more robust domestic mobile industry, the Union Budget has announced a significant reduction in customs duties. The budget reduces customs duties on essential mobile phone components, including camera lenses, display assemblies, and battery packs, from 20 percent to 15 percent. This initiative is to take place to promote Indian smartphone brands in the competitive market.

The reduction in import taxes follows last year’s similar tax breaks on lithium-ion batteries and camera lenses, which were aimed at promoting the domestic manufacture of electric cars and smartphones. Sitharaman's current initiative continues this trend, emphasizing the government's commitment to supporting the ‘Make in India’ campaign.

Impact on Industry

The production cost of mobile phone manufacturers like Samsung, Xiaomi, and Apple, is expected to lower in manufacturing operations who are trying to expand in India for the reduction in the customs duty. This step will directly impact the retail prices of making smartphones and other accessories super affordable. The leading industry welcomes these changes in the hope of change, that global brands will increase their investment in India and the local supply chain.

Amit Khatri, Co-Founder, of Noise  said, “youth and participation of women in the workforce hold the key to India’s success. To this end, the focus on extensive training and skill development initiatives demonstrates a clear commitment to boosting employability and productivity. By linking job creation in manufacturing to first-time workers and offering EPFO incentives, the government is paving the way for a robust manufacturing ecosystem, creating 4 crore jobs over the next five years.”

“It is certainly a commendable initiative to boost local manufacturing. India has long been an attractive consumer market for international brands, supported by our collaborative and business-friendly policies that enable seamless operations. The export hubs are an efficient step in unlocking similar avenues for homegrown companies, allowing a global stage for their innovation and entrepreneurial mindset, and strengthening India’s position in manufacturing,” added Khatri .

Sustainable Growth and Innovation

The budget emphasizes enhancing India’s technological capabilities, aiming to transform the country into a global hub for electronics manufacturing. By reducing the cost of key components, the government seeks to support innovation and sustainability in the mobile phone sector. The approach is expected to foster increased research and development in India, potentially leading to new advancements in mobile technology and a stronger presence in the global market.

On a similar note, Avneet Singh Marwah, CEO of SPPL, added, “The budget allocates Rs 3,000 crore for the development of semiconductor and display manufacturing, more than doubling the previous allocation. Additionally, the allocation of 3 crore more houses under the PM Aawas Yojana is expected to boost demand for entry-level large consumer durables. The government also promotes ease of doing business in the manufacturing sector. New and additional employment incentives across sectors will encourage workforce growth and bolster the Make in India initiative, complementing existing PLI schemes. Despite these progressive steps, the industry anticipated more aggressive measures to increase disposable income to further stimulate consumer spending.”

However, the production Linked Incentive (PLI) seems limited focus, and can create gaps in its effectiveness. A substantial Rs 2 lakh crore is allocated for skilling programs to equip the workforce with essential skills for a competitive global market.

Charger Costs to Also See a Dip

According to Sitharaman's statement, mobile phone chargers are expected to become cheaper with the reduction of customs duties. This move is expected to drive the overall cost of mobile phones in India. This decision aligns with the government's broader goal of increasing the affordability and accessibility of digital technology, thereby empowering more citizens to participate in the digital economy.

Pawan Kumar, CEO, of Elista  said, "We commend the government's proactive measures in the Union Budget 2024, particularly the introduction of the credit guarantee schemes for MSMEs in manufacturing. This initiative, facilitating term loans for the purchase of machinery and equipment without the need for collateral, is a significant step forward in the manufacturing sector. The guarantee fund providing guarantees of up to Rs 100 crore will undoubtedly bolster the manufacturing industry, fostering growth and innovation. The decision will help reduce production costs, making high-quality consumer electronics more affordable and accessible to the Indian market."

Elista sees these changes as opportunities to leverage growth and meet the evolving demands of consumers. This step will help the manufacturer to implement great technology in their electronic sector to enhance the production capabilities and product quality, which will benefit the consumer getting the advanced machines from the domestic manufacturer.

Kumar further added, “The government's focus on youth development, with five dedicated schemes and a central outlay of Rs 2 lakh crore over the next five years, is also highly praiseworthy. Investing in the skills and potential of 4.1 crore youth will drive our nation’s future economic growth and stability. We look forward to leveraging these initiatives to further enhance our operations, contribute to the local economy, and support the broader national objectives.”

With the approach of ‘Viksit Bharat’, India is strengthening its position in the global tech manufacturing sector, and the government's commitment towards technological growth and economic development.

• eCommerce Trends
• smart phones

Finance Minister Nirmala Sitharaman presented the Union Budget for 2024-25 in Parliament today, marking the first budget of Prime Minister Narendra Modi's third term. This budget unveiled significant advancements for the retail, start-up, and e-commerce sectors . Here are the top highlights for the retail and e-commerce sectors from the Union Budget 2024-25 .

1. Custom Duty Reduction on Gold & Silver to 6 pc and Platinum to 6.4 pc

Finance Minister Nirmala Sitharaman announced a cut in customs duty on gold and silver to 6 percent. Additionally, the finance minister further informed the customs duty slash on platinum to 6.4 percent.

Welcoming this announcement, Amit Pratihari, MD, De Beers Forevermark said, “The Gems and Jewelry sector has made significant contributions to India’s GDP, and we appreciate the announcements made in the Union Budget for this sector. The proposed reduction in customs duties to 6 percent on gold and silver, and 6.5 percent on platinum, will enhance sales by making these precious metals more affordable. The implementation of safe harbor rates for the diamond-cutting industry, for foreign mining companies selling rough diamonds in India, will stimulate growth, boost consumer spending, and increase global competitiveness.”

Vidita Kochar, Co-Founder at Jewelbox added, “The recent reduction of customs duty on gold to 6 percent marks a significant advancement for the jewelry industry, enhancing its competitiveness and making it more accessible to consumers. This move aligns seamlessly with our commitment to providing high-quality, affordable lab diamond jewelry to our customers.”

“This reduction is a significant move that will not only make these precious metals more affordable for consumers but also provide a great boost to the jewelry industry. Lower customs duties mean reduced costs for raw materials, enabling jewelers to offer more competitive prices and innovative designs to our customers,” stated Piyush Gupta, Director at PP Jewellers by Pawan Gupta.

Ramesh Kalyanaraman, Executive Director, Kalyan Jewellers added, "We welcome the 2024 Budget's progressive measures to reduce customs duties on gold, silver, and platinum. These changes, coupled with the government's commitment to enhancing domestic value addition and craftsmanship, are poised to significantly benefit the jewelry industry, further contributing to the sector’s growth. 

2. BCD Rates on Mobile Phones, Mobile PCBA, and Charger Reduced to 15 pc from 20 pc

Nirmala Sitharaman proposed to reduce the basic customs duty (BCD) rates on imported mobile phones, mobile printed circuit board assembly (PCBA), and mobile chargers to 15 percent from 20 percent. Presenting the budget in the Lok Sabha, Sitharaman said, “With a three-fold increase in domestic production and almost 100-fold jump in exports of mobile phones over the last six years, the Indian mobile phone industry has matured.”

ND Mali, Founder, KDM stated, “The budget will steer India towards a Viksit Bharat by 2047 through a slew of measures that boost consumption. Tax reduction of up to 15 percent on mobile phones, mobile PCBs, and chargers is expected to boost domestic manufacturing and benefit customers.”

3. Introduction of E-commerce Hubs under the PPP model

India is set to establish dedicated e-commerce export hubs to boost online trade. The government aims to create a streamlined regulatory and logistics environment to support the growing e-commerce sector. These hubs are expected to offer a range of services, including export clearances, warehousing, customs clearance, returns processing, and product handling.

Amit Khatri, Co-Founder, Noise said, “The establishment of e-commerce export hubs in a PPP model is another significant step taken by the government and will significantly empower MSMEs and traditional artisans to compete internationally. It will open opportunities for Indian players to boost their reach globally while enhancing the ease of doing business and accessing new markets.”

Anand Ramanathan, Partner and Consumer Products and Retail sector Leader, Deloitte India asserted, “Focus on e-commerce hubs through PPP mode is a creative intervention to help MSMEs in this sector derive benefits of a cluster approach such as access to cheaper finance and export markets. The approach will also help organize supply in sectors such as footwear, apparel, jewelry, and other categories where there is heavy dependence on skilled artisans and weavers.”

Nitya Sharma, Founder and CEO, Simpl noted, “The proposed development of e-commerce export and industrial hubs will enable our sellers to cater to a global market while support to MSMEs and promoting entrepreneurship through policy interventions will further propel opportunities for sellers including Direct-to-Consumer brands.”

4. Boost to Consumer Durable Products

The Centre’s focus on pumping in higher allocations for rural development, agriculture, and allied services and schemes for employment and skilling of youth is expected to boost both rural and urban consumption of consumer products. At the same time, the construction of an additional one crore homes under PMAY Urban 2.0 with an outlay of Rs 10 lakh crore will also boost the purchase of consumer durable products.

5. Abolition of Angel tax

Sitharaman also proposed to abolish the Angel Tax. She said the Indian startup ecosystem is buzzing with innovation and ambition, but Angel Tax often sparks debate. “To bolster the Indian start-up eco-system, boost the entrepreneurial spirit, and support innovation, I propose to abolish the so-called angel tax for all classes of investors,” the finance minister said.

M Ramakrishnan, Managing Director at Primus Partners noted, “It is such a relief that Angel Tax is finally scrapped. This has been a much-sought-demand from the start-up ecosystem - both Founders and the Investors.”

Amit Khatri, Co-Founder, Noise explained, “I feel the abolition of the angel tax will undoubtedly boost funding in the startup ecosystem, fueling innovation and growth. This move, along with incentives for job creation in the manufacturing sector and support for MSMEs, will not only stimulate valuable employment opportunities for millions of young people but also ensure economic resilience, laying a strong foundation for a powerful growth trajectory for India.”

Gaurav Manchanda, the Founder & MD, The Organic World highlighted, “As an entrepreneur, I am also extremely pleased with the abolition of the angel tax for startups. It will not only encourage resilience in entrepreneurship but also strengthen the startup ecosystem, fostering innovation across India.”

Kunal Bahl, Chairman, CII National Start-up Council and Co-Founder, Titan Capital & Snapdeal added, “Budget 2024 brings cheer to India’s fast-growing start-up ecosystem. The abolition of angel tax removes friction and ambiguity in the fundraising process by start-ups. Reducing TDS to 0.1 percent for e-commerce operators will free up working capital.”

6. Reduction in Tax Rates for Foreign Companies Operating in India from 40 pc to 35 pc

She unveiled a proposal to reduce the corporate tax rate on foreign companies from the current 40 percent to 35 percent, aiming to boost foreign investment. This strategic decision is expected to enhance the attractiveness of the country as a global investment destination and stimulate economic growth.

Manoj Purohit, Partner & Leader, Financial Services Tax, Tax & Regulatory Services, BDO India said, “The FM has proposed a reduction in tax rates for foreign companies operating in India from 40 percent to 35 percent. This has been a much-awaited change for reinsurance companies operating through a branch office in India since 2017. The proposed change may not provide a level-playing field to the reinsurance branches with the domestic insurance companies (which continue to be taxed at a much lower rate) but will surely pave the path towards rationalizing the tax rates for foreign companies operating in India.”

7. TDS Rate on E-Commerce Exporters to be Reduced to 0.1 pc from 1 pc

Finance Minister Nirmala Sitharaman has proposed to reduce the TDS rate on e-commerce operators from the existing 1 percent to 0.1 percent.

“The reduction of TDS from 1 percent to 0.1 percent for e-commerce operators will substantially support the industry's expansion. These new measures will not only strengthen the valued investment of Indian households in diamonds but also add to their emotional significance,” said Amit Pratihari, MD, De Beers Forevermark.

Dr. Somdutta Singh, First-Generation Serial Entrepreneur, Founder & CEO Assiduus, Investor & Ex-Member Niti Aayog explained, “The reduction in TDS from 1 percent to 0.1 percent for e-commerce operators, is a significant relief for sellers. This change will enhance their working capital flow, allowing them to reinvest in their businesses more swiftly. By reducing the tax burden, sellers can maintain better liquidity and manage their cash flows more effectively. This move will particularly benefit SMEs that rely heavily on timely access to funds for day-to-day operations.”

8. Boost to Leather and Textile Industries

Giving an export fillip to the leather and textile sectors, the budget proposed to reduce BCD on real down filling material from duck or goose and added to the list of exempted goods for manufacturing leather and textile garments, footwear, and other leather articles for export. 

“To rectify inversion in duty, I propose to reduce BCD, subject to conditions, on methylene diphenyl diisocyanate (MDI) for the manufacture of spandex yarn from 7.5 percent to 5 percent,” the FM said.

• Indian retail industry
• e-commerce space
• Indian Startup
• Nirmala Sitharaman
• Finance Minister

Did you know the fact that Oxford shoes are the standard style of shoe to wear with any suit, which are mostly made of leather and sometimes the entire shoe is made of leather including the outers, lining and sole but for more durability at the expense of elegance, many shoes are made with rubber soles. But now people are not buying shoes for fashion but they want comfort as well. And obviously, comfort brings confidence, right? 

In everyday life, many working professionals wear formal shoes and for them, it is important to stay comfortable for long working days. So let’s find out the top formal shoe brands for men which will help you to stay comfortable all day long and also find out why they are the top choice in the Indian market value of $26.06 billion.

Top 10 Formal Shoe Brands in India                                             

Here are the top 10 formal shoe brands for men in India to stay comfortable and stylish all day long. Let’s find your style now. Happy Reading!

Clarks is a footwear giant that was started in 1825 by Cyrus Clark and James Clark in the village of Street, Somerset. The shoes of this brand are popular among the best formal shoe brands all over the world with a market evaluation of about $254.39 million. The majority of the stakes of the brand are currently owned by Viva Goods, Hong Kong. Clark is a company that is famous for its formal shoes and its commitment to comfort, innovation, and heritage, it also excels in the sphere of sophisticated marketing strategy which includes hefty discounts on their official website. 

In addition to formal shoes, the product lineup covers models like the Clarks Desert Boot and Clarks Wallabee and is priced between Rs 2000 and Rs 20,000. Their stores are located in 65 countries across the globe in over 1,400 stores. Since 2010, the company has begun to trade in India where it now has 25 standalone stores. They are supplied with more than 22000 Clark’s styles and shoes that sparked a revolution, defined a generation and captured the evolution. They are the companies that work with such brands as Clarks Originals and Clarks Cloud steppers.

Related Article: Top 10 Shoe Brands in India: 2024's Top Picks

ALDO is a footwear brand also famous for men's formal shoes was established in 1972 in Montreal by the Aldo Group. The brand was launched and associated with the fashion company Le Château. The multinational brand has 3000 stores across 100 countries worldwide. ALDO has a revenue of $1.69 million and has divisions in ALDO, Call it Spring and GLOBO. 

ALDO wants to use powerful keywords to target the right public and they have built a good reputation concerning users of the website which is one of the main features of their marketing. The company is associated with JCPenney and Kohl to spread its exclusive footwear and other products like handbags and accessories.

Check More: How Footwear Brand Cheré is Planning to Double its Reach by Year-End

3. Bruno Magli

Bruno Magli is one of the most respected names in the luxury footwear market and is best for men's formal shoes was established by the Magli siblings in 1936. Its headquarters are based in Bologna, Italy, where the shoes of Bruno Magli are esteemed for using the best quality leather and making them from the hand of the master craftsmen. Their products cover formal and casual shoes, which are known for their timeless and sophisticated designs. 

The main motto of their marketing plan is to heavily rely on such assets as Italian heritage and elegance, using the high-end fashion magazine, and the digital campaign. The brand's commitment to both the quality and style of Bruno Magli Moccasins and Monk Straps has made them the most popular among users. The brand was acquired in 2015 by Marquee Brands, a holding company that owns several brands in fashion and home cooking.

4. Carlton London

Carlton London is a fashion brand known for its footwear, was established in 1992 in the East end of London. The brand is popular in the Indian market for the best formal shoe brands for men in India by launching products of British sophistication with a price range between Rs 2,500 and Rs 10,000. They develop products with a distinct line of fashion-forward styles, keeping the focus on quality and comfort. Among the brand’s promotional techniques are more expensive fashion events and social media campaigns that target young urban professionals. Its headquarters in London, UK, are inclusive of the first stuff that is noticeable yet it is also prominent in the largest Indian retail stores. 

As far as the Indian consumer is concerned Carlton London provides the rare combination of being trendy at the same time it is conscious of their longing for fashion. In addition to both men’s and women’s footwear, Carlton is also famous for its handbags and accessories.

5. Pedro (Charles & Keith)

Pedro is part of the Charles & Keith Group which was founded by Charles Wong and Keith Wong in the year of 1996, Under which they launched their male segment on Pedro which was founded in the year 2005 and headquartered in Singapore. The brand is best known for its fashionable men's formal footwear which is priced between Rs 3,000 and Rs 15,000 and they are the fastest in the latest fashion and digital marketing. Charles & Keith has over 700 and for its brand Pedro which has the male collection they have 107  stores worldwide across 37 countries that can suggest what will be the next popular styles and the most accessible luxury. The brand is associated with L Capital Asia LLC, a private equity firm. Charles & Keith has partnered with international organizations such as UN Women, Dress for Success, The Asia Foundation, Save the Children, UNICEF, Red Cross, WWF, and Plastic Bank.

Dune, a british shoe manufacturer who dreams of creating affordable luxury is famous for men's formal shoes for their stylish look and comfort was founded by Daniel Rubin in 1992, and is a dazzling shoemaker who started with a small concession store in Oxford Street, London, UK. The first standalone store was launched in 1993. The company makes luxury and middle-market shoes at a price that ranges from Rs 4000 to Rs 20000 and sells them in 350 stores worldwide. The company claims that a pair of shoes undergoes more than 120 processes which make them out-of-the-box. 

Dune uses its retail network and online communications to reach its high-end and fashion-savvy customers. The name Dune embodies the purity and aesthetics of the sand dunes, as well as the perfect nature of their star models, like Dune London Sandals. Dune has won the Drapers Multiple Footwear Retailer for five years and has collaborations with fashion designers Rupert Sanderson and Kit Neale.

7. Rosso Brunello

Rosso Brunello is a chic footwear brand considered the best formal shoe brand for men in India was founded by Sahil Malik in 2010 (in association with Da Milano) is provides shoes under Rs 3,000 to Rs 12,000. The brand is known for its stylish and fashion-forward styles for both men and women. Despite the scarcity of authentic documentation about the initial stages of the brand, the association between the brand and the wine Brunello communicates Italian charm and elegance. 

Rosso Brunello, which is favored for its mastery of art and a limited edition, is a premium retail outlet that combines them. The evergreen models such as the Rosso Brunello Leather Boots show the brand’s perfect way of balancing elegance and comfort, so it’s the must-have item for those who love to wear spirited footwear that is very elegant. The brand has grown to 23 Exclusive stores and 52 points of sale in India, the Middle East and Asia.

8. Red Tape

Red Tape is a well-known Indian footwear brand which is famous for its formal shoes for men was established in 1996 by Mirza International, Red Tape offers a wide range of casual, formal, and sports shoes priced between Rs 2,000 and Rs 10,000. The brand’s marketing strategy includes celebrity endorsements and focuses on affordability and quality. 

Red Tape’s name represents a mark of distinction, and its high-quality leather shoes are known for durability and comfort. With over 390 opulent stores in India and presented in 17 countries associated with brands like Bond Street and MODE, Red Tape has become a trusted name in the Indian footwear industry.

9. Lee Cooper

Lee Cooper is one of the most iconic footwear brands of the fashion group named Iconix Brand Group which was founded by Morris Cooper back in 1908 The brand is known for best formal shoe brand for men. It is headquartered in Shoreditch, East End London, UK . Originally, a developer of denim, Lee Cooper's shoes that are sold in casual and formal manner feature both toughness and elegance (ruggedness with style), the price range of which is Rs 2,000-Rs 8,000. The brand's promotion is mainly based on its tradition and the importance of the product's quality and durability. Operating from London, UK, and distributing in a good number of retail stores, Lee Cooper's iconic goods like Lee Cooper Boots are another example of the brand's ability to combine fashion and ease. The brand, through its nomenclature, has managed to remain authentic and innovative in its craft, thus carrying a mark of trust for the endowments and the company's culture.

10. Hush Puppies

Hush Puppies is a footwear brand which is known for best men's formal shoe brand that was established in 1958 by Wolverine Worldwide. The brand is headquartered in Rockford, Michigan. Hush Puppies has, over the years, blended comfort with casual style, marketing their tees and leisure wear in a way that is lively, revels in their nostalgic style, and sets them apart from others. As the first brand of Wolverine Worldwide, it designs so much that it offers all types of formal and casual shoes priced from Rs 3,000 to Rs 15,000. 

Hush Puppies is a comfort footwear enterprise famous for its products Bounce and ZeroG product lines assemble them through multi-brand channels and other retail companies.  Hush Puppies is recognized globally by its logo of a dog and has become a solution for sore feet, aka, ‘barking dogs’.

At Indian Retailer, we bring to you the top world-renowned brands that are widely available in India to cater to the need for men’s formal shoes. Here we give you a complete guide of the top 10 formal shoe brands for men in India to understand and carry your fashion and comfort at the same time. In this article, you find out about this brand's history, its story and its retail price in India to make an informed decision.

FAQs on Top Formal Shoe Brands in India

1. Which type of shoes are best for formal wear?

Classic Oxfords are always recommended for such ensembles for a sleek & formal appeal.

2. What are the formal shoe options for men?

Men's formal shoes are no longer just plain patent leather. Today, loafers, boots, and oxfords can all be used as formal shoes for men.

3. Which formal shoe material is best?

Leather is a high-quality material that has long been used to create long-lasting and fashionable shoes.

4. How long should formal shoes last?

Leather shoes or dress shoes last for every 6 to 12 months, depending on their quality and walking frequency which wears out the soles. Good maintenance can stretch their lifespan.

5. What is the most expensive pair of shoes?

Moonstar Shoes by Antonio Vietri is priced at around $19.9 Million. 

The Indian government has set an ambitious target to boost e-commerce exports to $200-300 billion as part of its broader $1 trillion merchandise export goal by FY 2030. This requires a significant transformation, necessitating a 50-60-fold increase from the current levels.

As per the latest EY-ASSOCHAM report titled "Enabling e-commerce exports from India," achieving this target demands addressing key barriers, including complex customs procedures, payment repatriation challenges, and restrictive policies. The report provides a comprehensive roadmap for policy changes required in payments, customs, and logistics to help MSMEs access export markets and achieve this ambitious goal.

The Current Landscape

Currently, India's e-commerce exports for FY2023 are estimated to range between $4 to $5 billion, accounting for approximately 0.9 percent to 1.1 percent of India’s total merchandise exports. Despite this modest share, the potential for growth is enormous, especially for Micro, Small, and Medium Enterprises (MSMEs), which form the backbone of the Indian economy. The EY-ASSOCHAM report underscores the need for more flexible policies and streamlined processes to unlock this potential.

Streamlining Customs and Regulatory Procedures

One of the primary areas for improvement is the customs and regulatory framework. The report highlights the need to simplify customs procedures to make them more conducive for e-commerce exporters. Increasing the courier consignment limit to $50,000 is a critical recommendation. This change would allow exporters to send larger shipments with fewer constraints, facilitating smoother trade operations. Furthermore, creating separate customs supervision codes for cross-border e-commerce trade can expedite the clearance process. These codes would enable efficient data collection and streamline customs procedures, significantly reducing delays.

Another crucial recommendation is to expedite the customs clearance process for courier shipments. This can be achieved by implementing functionalities in the CSB-V system and collaborating with e-commerce marketplaces for verification. Clear guidelines for re-import transactions, including duty-free re-import of consignments up to $600, would further simplify the process for exporters handling returns. For consignments above this threshold, formulating Standard Operating Procedures (SOPs) to recognize returns as re-imports of returned goods is essential.

Enhancing Payment Reconciliation and Financial Flexibility

Payment reconciliation remains a significant hurdle for e-commerce exporters, particularly MSMEs. The report suggests several measures to ease this burden. Reducing the cost of payment reconciliation by tying fees to a percentage of consignment value can alleviate financial pressure on small-scale exporters. Moreover, extending payment realization and repatriation periods up to 18 months, in alignment with global practices, would provide exporters with greater financial flexibility. Removing the 25 percent variation clause on realized payments and enabling periodic shipping bill reconciliation would also enhance financial predictability and stability for exporters.

Establishing E-commerce Export Hubs (ECEHs)

To foster a supportive environment for e-commerce exports, the report calls for various policy interventions. Extending export promotion incentives under the Courier Import and Export Regulations, 2010, to e-commerce exporters can stimulate growth. These incentives would encourage more MSMEs to engage in cross-border trade. Additionally, establishing e-commerce export hubs (ECEHs) with integrated training centers is crucial. Expanding the scope of ECEHs by providing customs support, training facilities, and logistical infrastructure near air cargo terminals can significantly enhance the efficiency and effectiveness of e-commerce exports. Stationing customs officials within these hubs would facilitate faster clearance and reduce bottlenecks.

Policy Interventions and Support Mechanisms

Another significant recommendation is to add explicit provisions in Foreign Direct Investment (FDI) policies to allow FDI-funded e-commerce entities to hold inventory for sale in international marketplaces. This change can enable global sales of Indian MSME products, broadening their market reach. Establishing regulatory testing sandboxes for e-commerce exports is also suggested to foster innovation and compliance testing, allowing businesses to experiment with new models and processes in a controlled environment.

Financial Accessibility and Priority Sector Lending

Furthermore, including e-commerce exports in the Reserve Bank of India's (RBI) priority sector lending category would improve access to affordable finance for exporters, enabling them to scale their operations and invest in growth. Granting Authorized Economic Operator-Tier III (AEO-T3) status to e-commerce marketplaces can streamline customs procedures, ensuring faster and more reliable export processes. Additionally, incorporating provisions for cross-border e-commerce trade in bilateral agreements can enhance India’s global e-commerce export capabilities, creating more opportunities for Indian businesses in international markets.

Reflecting on the report's findings, Deepak Sood, Secretary General of ASSOCHAM, emphasized the necessity of streamlined regulations and supportive policies for e-commerce exports. "In today's global marketplace, the need for streamlined regulations and supportive policies for e-commerce exports cannot be overstated. This report's recommendations are essential for empowering Indian e-commerce exporters and positioning them competitively on the world stage," he said.

Bipin Sapra, Tax Partner at EY India, echoed these sentiments, noting that the Indian e-commerce export ecosystem is poised for exponential growth, benefiting the economy and MSMEs alike. He stressed the importance of government and regulatory intervention to iron out the kinks in current laws and processes to help MSMEs access global markets efficiently and easily. "This report brings together all the recommendations needed to build a thriving e-commerce export ecosystem in India," he added.

READ MORE: Indian E-commerce Market to Reach $163 Bn by 2026, Poised for Global Second Place by 2034

Building a Competitive E-commerce Export Ecosystem

By addressing these existing barriers and implementing the recommendations outlined in the EY-ASSOCHAM report, India can create a supportive environment for e-commerce exporters. Streamlined customs procedures, enhanced financial flexibility, supportive policy interventions, and targeted infrastructure development are crucial to empowering Indian e-commerce exporters, particularly MSMEs. The government’s commitment to reform and innovation will be instrumental in positioning India competitively on the world stage and achieving the ambitious export targets set for FY 2030.

In conclusion, the path to achieving $200-300 billion in e-commerce exports by FY 2030 is challenging but achievable. By embracing the necessary changes and fostering a supportive environment for e-commerce exports, India can not only meet but exceed its goals, driving economic growth and establishing itself as a global leader in the e-commerce export market.

• E-commerce industry

India is home to 659 million smartphone users, the second largest smartphone user base in the world. Internet penetration, mobile-first infotainment and financial platforms, and superlative camera features are some of the contributing factors to the growth of smartphone aspirations, even in Tier II and below towns. However, aspiration needs affordability to create a market. This is where pre-owned smartphones come into play.

Industry estimates project that the overall pre-owned smartphone market in India is close to $5 billion and is expected to reach $10 billion by 2030. The organized segment accounts for 20-25 percent of the current market. This segment is largely made up of online platforms that enable consumers to buy authentic pre-owned smartphones, along with various value-added benefits. These platforms, including several new entrants, are not only reshaping consumer behavior but also propelling technological advancements and sustainability initiatives. Let us see how online businesses, particularly newer players, are playing a pivotal role in the pre-owned smartphone industry in India.

Consumer Behavior: Convenience and Affordability

New online platforms have made it incredibly convenient for consumers to buy and sell pre-owned smartphones. The typical hassles of offline transactions, like trust deficit and the long time required to identify buyers or sellers, have already been tackled to a great extent. These new brands provide user-friendly interfaces, detailed product listings, and secure payment gateways that add to the user’s convenience.

Apart from convenience, consumers also look for affordability when it comes to changing or upgrading their smartphones. With the tech advancements, more consumers are willing to try out the newly launched high-end phones. New platforms allow them to sell their old devices so that they can partially fund their new purchases. Consumers can also fund the gap between their sales and purchase prices through easy EMIs. Thus, consumers can access a range of smartphones at significantly lower prices than new models, making technology accessible.

 Ensuring Quality and Trust

The quality and authenticity of pre-owned smartphones has always been a big concern for consumers. To address this, many online platforms now offer certified pre-owned phones that have been thoroughly inspected on many parameters and have gone through multiple quality checks. This assures the consumers that their phones are in good working condition. The additional guarantee provided by the platform takes this confidence a notch further.

Sustainability Initiatives: Promoting a Circular Economy

The pre-owned smartphone market contributes significantly to the cause of environmental sustainability. By extending the life cycle of smartphones, online platforms focus on the reduction of manufacturing and electronic waste, which is a growing concern globally.

Although India's 'Make in India' initiative aims to boost local manufacturing, the reality includes a complex landscape. While many components are sourced locally, high-end parts often need to be imported due to supply chain constraints. Unfortunately, these imports face steep tariffs aimed at protecting domestic manufacturers, thereby increasing overall production costs.

However, India faces challenges in becoming a dominant manufacturing hub. Key issues include deficiencies in infrastructure, such as inadequate transportation networks and limited access to advanced technology and connectivity. These deficiencies can significantly hinder manufacturing productivity and operational efficiency.

Despite these challenges, India possesses substantial potential as a manufacturing destination. Addressing infrastructure gaps and improving 'ease of doing business' metrics are critical steps to unlock this potential fully. Additionally, proactive steps to integrate more seamlessly into the global tech manufacturing supply chain will be essential for India to capitalize on its strengths and attract further investment."

Challenges and Road Ahead

Despite the significant progress made by multiple online platforms, there are still some challenges. As mentioned earlier in the article, a large chunk of the Pre-Owned phone market is still unorganised. Here, the consumers are always prone to issues such as poor quality and the lack of standardization. Moreover, in some consumer segments, there is still an underlying perception about used smartphones being inferior in quality.

They need to continue investing in technology and customer education to come around these issues. Enhancing transparency through detailed product information, and warranties, and providing credible after-sales service will help consumers feel more confident about their purchases. Additionally, these platforms can also collaborate with manufacturers and authorized service providers to standardize the refurbishment process. This will provide a consistent supply of high-quality pre-owned smartphones.

While the challenges are steep, the current trend indicates that online platforms will be able to address most of these. This will also help them play an even more important role in Digital India.

Yug Bhatia, CEO and Founder, of ControlZ

Singer, the world-renowned brand in the household sewing machine segment, boasts a rich legacy of 170 years in the sewing machine and home appliance industry. In India, Singer has embarked on a new journey that remains anchored in its core business, ethos, values, and principles.

Singer India has strategically positioned itself in the competitive retail market by focusing on innovation, technological advancement, and customer-centric initiatives. The company is committed to bringing highly functional and technologically advanced machines to India. This commitment is reflected in its refined product messaging, streamlined inventory management, optimized operations, and enhanced stakeholder engagement.

“In the home appliances segment, we aim to achieve profitable growth by launching and focusing on high-quality products that command premium pricing. This strategy helps establish a premium positioning in the consumer's mind. We also place significant emphasis on after-sales service to improve consumer engagement and the post-sales experience,” said Rakesh Khanna, MD & VC, Singer India.

Key Strategies Driving Growth

One of the key initiatives by the company in the sewing machine segment is the launch of "Singer Live Assist," a first-of-its-kind virtual service for sewing machine consumers across the country. This service strengthens the after-sales experience by reducing turnaround time for product demonstrations, especially in remote areas. It also saves on service costs and prevents post-sales service delays, thereby strengthening customer relationships.

Singer India is also bringing technologically advanced and globally popular machines to the Indian market. For instance, the company launched the M3330, a global icon and top seller on Amazon, and supported its launch with a focused marketing campaign. The machine has been voted the best sewing machine in the home segment and is one of the company's best sellers on Amazon. Another innovative product, the SE9185, a Wi-Fi-enabled, 3-in-1 sewing cum embroidery and quilting machine, has received positive responses across the country.

“Strategic investments are another critical area for us. The US-based multinational SVP Worldwide, which owns the iconic Singer brand, is set to be our knowledge partner. We plan to set up a second manufacturing facility for the brand, focusing on Zig-Zag machines to cater to both domestic and global markets,” he stated.

Adapting to Changes in Consumer Behavior

Singer India has observed significant changes in consumer behavior in recent years. There is a growing interest in crafting and self-expression, leading to renewed interest in learning sewing as a skill. To cater to this evolving demand, the company is incorporating best-in-class technologies into its sewing machines, making them more user-friendly and enjoyable to use.

The influence of DIY influencers on global platforms has also played a crucial role in raising awareness and familiarity with sewing and embroidery. This trend has further fueled interest, desire, and willingness to learn sewing. Singer India's latest offering, the SE9185, exemplifies the company's commitment to technological advancement and meeting the needs of modern consumers. This 3-in-1 Wi-Fi-enabled machine comes with a large 7-inch color touchscreen and mySewnet, the industry’s first cloud-based operating system. It is designed to cater to both experienced sewists and beginners.

Omnichannel Presence

The brand has a robust offline presence, with over 2,500 dealers and sub-dealers across the country and 21 exclusive Singer sewing machine retail stores. The company is currently undertaking a pan-India branding exercise, starting with key states such as Bihar, Jharkhand, Punjab, Kerala, Tamil Nadu, and Karnataka.

Singer India's D2C strategy focuses on building a strong online and offline presence around three key pillars: awareness, experience, and building desire. The company leverages online communication to make people aware of its new technologically advanced machines, which are easy to learn and use. Consumer-centric campaigns like "CreatewithSINGER" and "#TurnoldintoBold" encourage consumers to showcase their crafting skills and engage with the brand.

“We are also actively engaging with the DIY community of influencers and creators, who create awareness around the endless sewing and crafting possibilities. We sell our products on platforms like Amazon and Flipkart, in addition to our website and 21 exclusive store locations. This multi-platform approach maximizes reach, caters to diverse customer preferences, and provides convenient purchasing options for sewing enthusiasts across the digital landscape,” noted Khanna.

“Currently, e-commerce contributes over 30 percent of our revenue. With a robust online strategy and increasing digital engagement, we expect e-commerce to play a significant role in our revenue growth over the next 2-3 years,” he added.

Product Categories and Upcoming Launches

Singer India's sewing machine range offers over 140 SKUs across key categories such as Straight Stitch, Artisan, Embroidery, AZZ line, and Industrial machines. In the home appliances segment, the company offers products like washing machines, coolers, JMGs, MGs, kettles, and irons, with over 90 SKUs available in offline and online trade. Recent product launches like the M3330 and SE9185 highlight the company's focus on innovation and consumer-centric design.

In the sewing machine segment, the brand is focused on strengthening its offerings and expanding aggressively in the Indian market. Recognizing the growing DIY community and the demand for innovative, user-friendly machines, the company introduced the SE9185, a 3-in-1 Wi-Fi-enabled sewing cum embroidery and quilting machine. This product showcases Singer India's dedication to delivering cutting-edge, consumer-focused sewing machine options that cater to modern sewing enthusiasts.

Embracing Digital Transformation

Singer India understands the importance of a strong digital presence in today's technology-driven world. The company has enhanced its online visibility and engagement with customers through various digital marketing campaigns and collaborations with influencers. For instance, the M3330, a global best-seller on Amazon, has benefited from digital collaborations that highlight its user-friendly design and extensive features.

Singer Live Assist, an innovative service offering real-time virtual support for customers, has significantly enhanced the customer experience. Available through WhatsApp and a toll-free number, this service provides product demonstrations and resolves customer concerns from the comfort of their homes. The "Revive Traditions with SE 9185" campaign further emphasizes Singer India's commitment to digital engagement and fostering a vibrant community of creators.

Revenue Targets

Despite facing setbacks, Singer India achieved a revenue of Rs 425 crore last year. The company has seen steady growth in its AZZ and Industrial lines and is confident that e-commerce will be a key driver of future growth. The target for this year is to increase and improve customer experience and engagement, strengthen product messaging, and showcase capabilities.

Future Growth

Over the next 2-3 years, Singer India aims to strengthen and expand its market presence through several key growth levers. These include product innovation and diversification, enhancing manufacturing capabilities, improving customer experience, and engaging with the community. The recent launches of the M3330 and SE9185 highlight the company's focus on functional, user-friendly, and technologically advanced products.

Singer India is a pan-India brand with a strong presence in Tier II and Tier III towns and cities. “To strengthen our presence in these markets, we are increasing branding and visibility, expanding our distribution network, and leveraging the SINGER Live Assist service. These initiatives aim to reinforce our presence, create consistent and recognizable branding, and meet the increasing demand in these regions,” Khanna concluded.

• Consumer durable
• Indian retail market

Starting a clothing boutique business in the Indian market space can be profitable. A small space with a specific product line serving a particular clientele is called a boutique. Boutiques are successful due to the product masters present in the store, assisting customers with expert insights and answering all the questions about costing, expenses, retailing options and profitability. Here is a complete guide for you to start a boutique business in India. Let your passion for starting a boutique business win over with these tips. 

1. Run Through Market Research

Investigate trends, demands, styles or categories. Resonate with the target audience. Fill the gap in the market. What is your target market? Are they people between 15 and 60 years of age? For whom do you want to make it? For male, female or both. What style of clothes do you want to wear? Indian, western or indo-western, provide both for more options for your customers.

Make your brand stand out. Have a unique boutique name, use an attractive color palette and consider having a slogan. The boutique should have a business name held on the front of the store with a name, logo, colorful and memorable slogan. 

It is also crucial to understand who are the competitors in the same location. What strategies do the competitors use to attract customers? What makes the other boutique popular? Mark and make changes accordingly for the growth of the boutique. 

2. Select a Location 

Making the right choice in which area, locality or state you want to set up your boutique is essential for success. Selecting a particular location for a boutique store is a time-consuming process. In India, most of the fashion boutiques are present in Tier I, II and III. The most recognised Tier I cities in India are Bengaluru, Delhi, Chennai, Hyderabad, Mumbai, Pune, Kolkata and Ahmedabad. Tier II and III cities that are recommended for a boutique business are Kanpur, Jaipur, Amritsar, Jamshedpur, Faridabad, Chandigarh, Kochi, Nagpur, Raipur, Bhopal, Mysuru, Surat, Agra, Ajmer, Srinagar, and Bhubaneshwar among others. 

Here are more criteria that need to be looked after while buying or renting a space for a boutique business.

• Availability: The area should be easily accessible for staff and vendors. Having good connectivity to major highways or roads can be beneficial in this regard.
• Distance for easy accessibility of raw materials: Consider the distance to raw material suppliers as it can impact the lead times and transportation costs which, when minimized, contribute to enhancing operational efficiency.
• Transit Systems: Evaluate the ease of access for transportation purposes both in terms of exporting final goods easily and receiving basic supplies conveniently. Take practicality into consideration when assessing transit facilities available at your location. 

There is a need to form a proper business structure. It means what kind of a structure will a boutique follow for instance will it function as a sole proprietorship, LLC (limited liability company), partnership, corporation or private limited company. To opt for an ideal structure, various factors like current situation and aspiration play a key role. 

4. Get the Boutique Registered

GST is another critical legal permit. If the boutique business's annual turnover exceeds Rs 40 lakh, it must register for GST. In states like Tripura, Sikkim, Uttarakhand, Meghalaya, Manipur, Arunachal Pradesh, Puducherry, Nagaland and Mizoram, the GST turnover limit is more than Rs 20 lakh. 

It is a necessity to register under the Shop and Establishment Act according to the selected area for the boutique. It must be done within a month. In case the boutique business is earning more than Rs 9 lakh annually, it must pay the service tax as suggested by the government of India. 

5. Develop a Funding Structure

It is believed that to start a boutique business in India, one must have an initial investment of around Rs 2-5 lakh. It can vary according to the size and location of the store. There are various ways to get funds for a kickstart. Bank loans, other financial institutions or SME loans are another option. Saving is the best option to avoid loans. The funding must include enough for rent, raw materials, labor, production process and interior decor for the boutique initially. 

There are various government schemes in India for flagship funding, subsidy schemes, and women empowering schemes. Here are some of the schemes by the government of India for small businesses like a boutique:-

• Pradhan Mantri Mudra Yojana
• Capital Investment Subsidy
• National Small Industries Corporation 
• MUDRA Bank 
• Mahila Coir Yojana
• Government Women Entrepreneur Schemes

6. Spread Awareness via Online and Offline Platforms

It is important to market your boutique business. Spread awareness about the existence of the boutique. Otherwise, how will the target audience know about you? In today's world, small businesses like boutiques are using online platforms more than offline ones. The platform you choose depends on the target audience you cater to. Social media is the perfect option for enticing the young crowd towards your boutique. Instagram and Facebook are the most popular fashion advertisement formats.

Make a marketing strategy for your boutique business. Marketing your products, showcasing the store, and making the brand name noticeable will engage customers. Here are some marketing channels:- 

• Content marketing 
• Influencer marketing
• Organic social media marketing 
• Paid social media marketing 

Offline Marketing Strategies assist small businesses in attracting customers with visual appeal. Especially when it's a boutique business where the B2B model is followed. Here are a few of the offline strategies to help your business grow:-

• Local events

The Final Outlook

In the eye of an Indian Retailer, starting a boutique business needs an initial investment of around Rs 2 to 5 lakh. It is a profitable market space. There are various schemes provided by the government of India for starting a small business like a boutique. Opening a boutique business requires you to apply for necessary legal permits and allowances. Lastly, bring them to the target audience, making potential customers aware that the boutique is available in the market. 

What is a boutique?

A small specialized retail store often selling clothing, accessories, jewelry or other specialty items. 

How do I choose a location for opening a boutique store?

Demographics, footfall of customers, nearby competitors, easy accessibility of raw materials, and labor are a few common factors that should be catered to while opening a boutique store in a particular location. 

Which tier cities in India should I open a boutique store?

Tier I, II and III cities are the most efficient places to start a boutique business in India.

Which platforms can I use to market a boutique business?

Both online and offline marketing platforms are viable for starting a boutique business.

Over the past decade, India’s organic food retail landscape has experienced remarkable growth, driven by increasing consumer awareness, health and sustainability concerns, and government support for organic farming practices. Valued at over $1.5 billion in 2023, the Indian organic food market is projected to grow at a compound annual growth rate (CAGR) of over 20 percent, reaching approximately $9 billion by 2032. A key emerging player in this sector, with the potential to revolutionize the market, is plant-based foods.

The evolving demands of Indian consumers, influenced by health, environmental, and ethical considerations, are steering a significant shift towards plant-based alternatives. With around 30 percent of India’s population adhering to a vegetarian lifestyle, the market is ripe for the adoption of these alternatives.

Similarly, the increasing prevalence of lifestyle diseases, coupled with concerns about sustainability, is driving the global trend towards plant-based options. The COVID-19 pandemic further accelerated this demand, with consumers seeking organic food options, including plant-based products, to mitigate the risks of chronic diseases.

What Consumers Want

Plant-based milk, meat alternatives, and organic vegetables are becoming popular choices among health-conscious consumers. The environmental advantages of plant-based foods are also significant, as they are known to reduce greenhouse gas emissions, water usage, and land usage compared to animal-based diets.

The surge in demand for plant-based foods is largely driven by Millennials, Gen Z, and urban consumers, who prioritize sustainable and healthier food options. A 2023 survey revealed that 63 percent of Indian millennials are willing to pay a premium for sustainable products. Over the last few years, there has been a steady growth in the demand for plant-based meats, reflecting a strong market potential. Whether it’s the rising demand for plant-based milk alternatives and meat substitutes or vegan snacks and confectioneries, sustainable and healthier food options are what consumers want.

Golden Opportunity for Retailers 

Currently, the market is dominated by startups and small-scale players, highlighting a significant opportunity for those in the organic food retail market to cater to the evolving preferences of consumers. Innovation is crucial, particularly in research and development to introduce new and exciting plant-based products tailored to the Indian palate and nutritional needs.

Jackfruit-based meat alternatives, almond and soy-based dairy substitutes, and plant-based snacks are already gaining acceptance among Indian consumers. Expanding and diversifying product offerings to include a wider range of plant-based options is essential for retailers. Organic retailers are particularly well-positioned to capitalize on the demand, leveraging their expertise in sourcing and distribution.

Further, effective marketing strategies, including targeted campaigns, strategic merchandising, and strong branding, can help attract and retain customers. Collaborations with influencers, driven by the reach of social media, can significantly enhance the visibility and appeal of plant-based products, especially among younger, digitally-engaged consumers.

Getting Future-Ready

Globally, the plant-based food market was valued at $11.3 billion in 2023 and is projected to reach $35.9 billion by 2033. Although the market is niche in India at present, it has the potential to be a game-changer. Companies that successfully incorporate traditional Indian flavors and ingredients into their plant-based offerings are likely to resonate better with consumers who prioritize products that align with their values.

With access to locally sourced plant-based ingredients, such as legumes, cereals, fruits, and vegetables, organic retailers in India have a definite competitive advantage. This can translate to lower production costs, allowing them to offer competitively priced, plant-based products while maintaining their commitment to sustainability and ethical sourcing practices.

Building a robust supply chain is equally critical to ensure the availability and quality of plant-based products. Retailers need to establish strong partnerships with suppliers and manufacturers to secure a consistent supply of high-quality ingredients. This involves sourcing sustainable raw materials and adopting eco-friendly packaging solutions, aligning with the clean-label movement and appealing to environmentally conscious consumers.

Plant-based foods represent more than a passing fad; they signal a fundamental shift in consumer behavior that is reshaping the organic food retail landscape in India.

About the Author

Gaurav Manchanda, The Founder & Managing Director, The Organic World

• organic food

Marketers and consumers have long recognized the value of personalized experiences. Besides improving customer outcomes, it opens up revenue-generation opportunities for brands. McKinsey research found that those growing more rapidly compared to their peers attributed 40 percent more of their revenue to their personalization strategy. According to another McKinsey study, more than 70 percent of consumers anticipate personalized interaction and even tend to be discouraged by its absence.

Yet, in a world of imperfect data, such personalization attempts can often have the contrary impact. As a consumer, how often have we felt irked by unwanted ads as we browse online?  And wondered why we are served a financial product ad, as you click on a sleep-inducing music video on YouTube? Consumers are likely to feel overwhelmed and intruded upon when incessantly bombarded with seemingly customized recommendations. Stereotyping by inference and imposing irrelevant or insensitive content can come in the way of successful personalization.

What can marketers, publishers and consumers do, to fine-tune personalization attempts to remove negative, disruptive experiences that impede consumer’s continued engagement with the brand?

Customer-first, Cautious approach from marketers/brands

Personalization must hit the sweet spot of meeting specific customer preferences while never crossing the privacy line. Although achieving personalization non-intrusively might feel like a tough balancing act, the constant target for marketers must be to preserve the consumer-brand relationship. This can be achieved through empathy for the consumer in every situation.

Appropriate controls over inappropriate ad placements and constant review of consumer reactions, can avoid potential consumer backlash.

Here are some practices to help make personalization of consumer experiences non-intrusive:

Focusing on first-party data: Since 2018, data regulations have evolved and become more stringent. In keeping with this trend, the likes of Google phasing out third-party cookies in Chrome and first-party cookies coming into focus can be a blessing in disguise for brands. They can look at alternative ways to gather consumer data and make sure of the credentials of their first–party data sources.

Using storytelling that connects back to the customer: Today, storytelling and content that is well-timed and immersive finds more takers, even before marketers impose the brand image. Consumers increasingly prefer more experiential content rather than the push method used in cookies, ads, and targeting content thrust into their space. An already engaged customer has a low risk of alienation

Using tech to enable non-intrusive personalization: The evolving privacy laws, cookie banners, and ad blockers have impacted how advertising analytics is done. Instead, marketers can choose from a host of privacy-friendly tracking technologies that empower cookie-proof tracking, cohort analyses, and statistical modelling solutions. These are more sophisticated than conventional methods that rely mostly on cookies.

Weeding out the irritability factor: Inappropriate ad insertions can damage the brand reputation and must be quickly addressed by marketers. Consciously using consumer insights and social science expertise to understand trigger areas will help the brand avoid content that could be irritating, off-putting, or even offensive.

Emphasizing the overall consumer journey: Obsessing over insights on individual touchpoints can make it intrusive for consumers. Instead, brands should consider consumer perception, attitudes, and data analytics on overall buying patterns and propensity from their interactions in a holistic way.

Being transparent about how they use the data: Brands have the opportunity to build trust by disclosing their awareness and serious attention to their consumer’s privacy concerns and how it translates into policy. Being open about how they collect and intend to use the data will help improve the trust factor and chances of consent from the consumer for their stated purpose.

As consumers, we can make choices too – taking care to set appropriate privacy settings including ad blockers, leveraging browsers that are inherently more privacy friendly, choosing paid subscriptions  (e.g. for YouTube) and regularly reviewing and unsubscribing to content we no longer want.

Publishers, especially those media houses that rely on ad revenues, can do well to reduce ad insertions and limit flashing pop-ups.

The consumer holds the final choice but can be much aided by the marketers.

Andal Alwan, VP - Consumer, Retail and Logistics for APAC, Infosys.

• Customer Experience

In India, alcohol is preferred in every situation whether you are celebrating or want to end a stressful day. Alcohol which everyone should avoid is driving the Indian market crazy with an estimated value of  $ 11.7 billion in 2024. But people in India have a diverse taste and hence different people prefer different tastes. Some people prefer soothing beer for fun and some want strong beer . Here we prepare a list of the top 10 beers with the highest alcohol percentage beer in India to find out some of the strong beer brands which drive the market crazy.  Are you ready to discover the best beer brands in India?

List of Top 10 Strong Beer Brands in India

1. bro code.

2. Kingfisher 

4. Carlsberg 

5. Godfather 

6. Haywards 

7. Budweiser 

8. Bira 91 

9. Bad Monkey

10. bee young.

Here is the list of the top 10 beer brands with maximum alcohol. Know more about the brands to understand why they are the strongest beer brands in India.

Bro Code , the strongest beer brand, the brainchild of Indospirit Beverages launched in 2018. It is a product for the modern generation, the youth who love strong and you-can-feel-it beer. The ABV of Bro Code is 15 percent separates it from others due to its feisty flavors and a top brand label. The brand began in India and has its administrative offices in New Delhi. Bro Code plans to gain young audiences through digital platforms and various other methods, involving influencer partnerships and social media to amplify fan engagement. Bro code has other variants which include Bro Code 10 and Bro Code Club Soda.  

Read More: Top 10 Red Wine Brands in India

2. Kingfisher

Kingfisher , one of the strongest beer brands in India and worldwide, crowned as the "King of Good Times” is manufactured by United Breweries Group. The brand was relaunched in 1978 by Vijay Mallya headquartered in Bengaluru, and holds a market share of over 36%. The pool where the beer Kingfisher Strong comes with 8 percent ABV is a beer brand with a reputation worth the taste and the mainstay of the Indian beer market. Kingfisher Storm is another strong beer variant of them which has the same ABV of 8 percent. Every batch of the beer goes through the same rigorous process to make it full-bodied, flavorful, and crisp beer with a distinct aftertaste. Other popular strong variants of this brand include Kingfisher Ultra Max and Kingfisher Blue with the same ABV. The brand promotion is done by representational TV commercials all over the country, and the sponsorship of sporting events like IPL. Kingfisher is available in 60+ countries across the globe. It is associated with Heineken which augments its portfolio with stellar products of global repute.

Simba is a strong beer brand and its Brewery has been serving local beer with a new look since 2016. The brand was co-founded by Ishwaraj Bhatia. Simba Strong with 5.5 percent ABV and Simba Stout with 7 percent ABV are one of the strongest beers brewed in the country and are based in Chhattisgarh. They are well-liked for their recognizable taste and branding. The brewery developed a strategy that includes funny content on social media, booths at craft beer festivals, and partnering with some of the trendiest bars and restaurants to get brand recognition in the global market. 

4. Carlsberg

Carlsberg Elephant, a strong beer variant from the Carlsberg Group, was established in 1847 by J.C. Jacobsen. The beer is a good option for those who love robust flavors. This beer with its ABV of 7.20 percent is a commemorative product of Denmark with its origin in Copenhagen . The Carlsberg brand is the one that defines the term "global branding”. It has become a premium event sponsor using a global approach that not only promotes beer labels but succeeds in bringing partners together. Carlsberg has more than 140 associated brands with the likes of 1664, Tuborg and others, in their beer portfolio. Carlsberg spans core beer brands, craft & speciality and alcohol free brews. Other variants of the brand include Carlsberg lager which has less alcohol content of up to 5 percent. 

5. Godfather

Godfather, the famous beer brand by Devans Modern Breweries Ltd ., is the owner of three strong variants. The Brewery was established in 1961 by Dewan Gian Chand in Jammu, India . Godfather Super 8 contains 8 percent ABV and is the top choice for those drinkers who like the strong flavor. It also comes with a variant named Godfather Legendary which has 7.2 percent ABV, while the last variant is Godfather Premium with 6.5 percent ABV. The production department of the beer's manufacturer pays attention to the promotion of various products in the region, the organization, and the sponsorship of local events in this region, and the carefully directed advertisement in the primary markets. 

6. Haywards

Haywards 5000 from the stables of SABMiller (now owned by AB InBev) has been the champion of the Indian strong beer market since the 1970s. Haywards 5000 was launched by Sir Anthony William Byrd Haywards in India. The beer has carved a niche for itself with its bold alcohol content of 7%. The brand is also popularly identified with Haywards 2000 which is another variant popular in the Indian market. The brand promotion is obtained by the two mediums: mass media commercials and outreach programs done in various regions. In addition, Haywards 5000 is also involved in organizing sporting events as promoters. The parent company AB InBev is associated with brands like Budweiser, Corona Extra and Stella Artois .

7. Budweiser

Budweise r is one of the most popular beer brands in the world and was first introduced in 1876 by Carl Conrad . It is a brand of the Belgian brewing company AB InBev. Budweiser Magnum Strong, which is a strong beer variant of the Budweiser brand, is popular among beer lovers and is a well-known beer in India with an ABV of 8 percent. Budweiser's main marketing practices revolve around top-flight advertising through high-profile event sponsorships. AB InBev advertises the Budweiser brand heavily, spending $449 million in 2012 in the United States alone, making it one of the most advertised brands worldwide. Other popular products of Budweiser in India include Budweiser lager which has less alcohol content and has a segment of non-alcoholic products as well. 

Bira 91 , is a renowned beer brand from B9 Beverages Pvt. Ltd. known for strong beer in India. The brand was introduced in 2015 by founder Ankur Jain. Bira 91 is headquartered in New Delhi and it holds 4% of the market share. Bira Gold Wheat Strong beer has an ABV of 8% and is brewed with the choicest golden wheat from India and caramel malts from Europe,   imparting a hint of honey sweetness with a toasted malty flavor. Bira 91 Blonde Lager, a new product, became instantly viral because of its flavor and creative promotion and has an ABV of 8  percent. Furthermore, its line-up also includes Bira 91 Premium. Bira 91 has an energetic social media presence with fun on-brand collaborations. Bira 91 is now available in 24 countries and around 31k outlets. Other popular products include Bira 91 Light, Bira 91 White, and Bira 91 Classic which has a lower alcohol content of less than 5 percent.

Bad Monkey , known for its strong beer, is owned by Sinq Beverages Inc, founded by Rohan Khare in 2018 . It is a manufacturer and marketer of strong beer loved by consumers in India. The brand is mostly available in Delhi, Uttar Pradesh, Punjab, Chandigarh and exports to countries like Australia, New Zealand and in the Middle East. Bad Monkey is a late addition brand in the Indian beer market. Sort of an odd man out, Bad Monkey has a liquor content of 8 percent in the Bad Monkey Strong Beer variant. It also comes with another variant o f Bad Monkey Tamed beer which has an ABV of 5 percent. The company uses advertising that is innovative and unconventional, guerrilla marketing tactics and is strong in digital space to get to more people. 

Earlier in News:  Bad Monkey Beer Makes Official Entry into Uttar Pradesh

Bee Young is a beer brand produced by Kimaya Himalayan Beverages LLP and founded by Abhinav Jindal in 2018. It is identified by its silk texture and appealing logo, and is a popular brand among beer-lovers in India. Bee Young has a beer with an ABV of 7.2 percent, with brewing facilities in New Delhi. Bee Young uses lifestyle marketing that utilizes social media to advertise music and cultural festivals in connection with its target audience. The brand is mainly brewed in Delhi, Uttarakhand, Uttar Pradesh and Punjab and is available in 100+ locations in PAN India and is expanding. Other brands of Kimaya Himalayan Beverages include Yavira.

At Indian Retailer, we are showcasing top Indian strong beer brands like Bro Code, Kingfisher Strong, Simba, and Bira 91 that can meet diverse consumer preferences for the HoReCa industry. It enhances the market presence and ensures consistent demand. 

FQAs on Top 10 Strong Beer Brands in India

1. Which beer drink is strongest?

Bro Code is the strongest beer in India and Brewmeister Snake Venom is currently recognised as the strongest beer in the World.

2. Which beer is costly?

The Belgian Stella Artois is also one of the most expensive beers in India. The luxury beer costs around Rs 325-345.

3. What is Whisky beer called?

Bulleit Boilermaker is called Whisky beer. 

4. What does 90 percent of beer contain?

Water comprises 90-95% of beer, playing a crucial role as both a primary ingredient and a major influence on the beer's flavor and quality. The mineral content of water can significantly alter the taste of beer, leading breweries to meticulously adjust water chemistry to craft specific beer styles.

5. What is the best beer in the world?

Russian River Supplication Beer is considered the best beer in the world by connoisseurs. It is a delicate blend of Belgian bitter and sour ales with fruity aromas of raisins, currants, and cherries. The flavor has been described as both tart and sweet, with a slight oakiness that gives way to a dry finish.

Check More Articles:

To 10 Brandy Brands in India with Price List

Scotch vs. Whisky: The Key Differences Explained

Top 10 Beer Brands in India Under Rs 400: Sip Without Splurging

Innovation is not just a necessity — it's the cornerstone of success. Enter BB Matrix, the all-in-one SaaS-based supply chain platform developed by BigBasket, a TATA Enterprise. Launched amidst a burgeoning global demand for supply chain management software, BB Matrix promises to offer comprehensive visibility across the entire supply chain to enterprises worldwide. The platform is set to reshape how businesses handle their supply chains, providing real-time updates, swiftly identifying bottlenecks, and empowering data-driven decision-making to build resilient supply chains.

The launch of BB Matrix could not be timelier. According to a Gartner report, global annual SCM software spending is projected to reach $62 billion by 2028, up from $29 billion in 2023, with a compound annual growth rate (CAGR) of 16.3 percent. Spearheaded by Hari Menon, Co-Founder and CEO, BigBasket, and Rakshit Daga, Chief Product and Technology Officer, BB Matrix is designed to deliver next-generation supply chain solutions that cut costs and boost productivity.

"The SaaS-based solution has made it possible to reduce transportation costs by nearly 50 percent, lower lead times by around 60 percent, and ensure up to 100 percent supply chain visibility with its cutting-edge solutions," said Manish Mishra, Head of Sales & Marketing, BB Matrix.

Comprehensive Support and Global Reach

BB Matrix offers configuration and optimization, seamless data integration with over 150 ERP, CRM, and POS tools, and flawless migration for its customers. This holistic approach positions BB Matrix as a singular, expert solution provider tailored for the modern supply chain landscape.

One of the standout features of BB Matrix is its adaptability to changing market conditions. Whether forecasting inventory, managing stock replenishment, storage, payments, delivery, or handling returns, the platform provides real-time updates and helps in identifying bottlenecks swiftly. This enables users to make data-driven decisions, crucial for building resilient supply chain processes.

"BB Matrix brings to the table a vast infrastructure and network globally with a nearly 99.1 percent on-time delivery record," Mishra noted. "This helps our clients deliver an excellent customer experience and achieve optimal outcomes in their supply chain operations."

The Genesis of BB Matrix

The inception of BB Matrix is a fascinating story of innovation within a thriving enterprise. "It's kind of a startup within a startup," Mishra explained. "With BigBasket's operations expanding, we realized the potential of providing our advanced technology as a service to the external world. This led to the SaaSification of our product stack, transforming it from a monolithic form to a scalable, cloud-based solution."

This journey began a couple of years ago, starting with the technological foundation and gradually moving towards a go-to-market strategy, which has been largely product-led. The development of BB Matrix was driven by a clear market need for a unified SaaS platform for supply chain management. "Efficiency was a big item on the list for many organizations we spoke to," Mishra clarified. "With increasing competition, there was a pressing need to enhance efficiency and customer experience. That's where we saw an opportunity to step in."

Salient Features and Unique Technologies

BB Matrix is a cloud-based platform hosted on AWS, offering three primary modules within the supply chain software portfolio: warehouse management system, transport management system, and order management system. These modules cover supply chain execution and, to some extent, sourcing and procurement.

"Our focus is on efficiency around warehouse operations, order management, and transport management," Mishra highlighted. "Ease of deployment and integration with third-party tools are also critical features our customers look for."

A significant advantage of BB Matrix is its off-the-shelf customization capabilities. "Based on our customers' needs, we've ensured that the platform addresses key gaps in servicing, visibility, and tracking," Mishra said. "Our goal is to offer a product that meets 80-90 percent of our customers' needs out-of-the-box, requiring minimal customization."

Addressing Key Supply Chain Challenges

BB Matrix tackles traditional problem areas in supply chain management head-on. "Productivity is a major focus, alongside competitive pressure and customer satisfaction," Mishra explained. "A cloud-enabled product like BB Matrix reduces capex and keeps technology up-to-date, addressing scalability challenges effectively."

While BB Matrix starts with a strong focus on the Indian market, its ambitions are global. "We're catering to retail, e-commerce, manufacturing, logistics, and transportation sectors," Mishra said. "Our aim is to stabilize our operations in India and then expand into emerging markets in Southeast Asia, the Middle East, Africa, and eventually the US. The platform is capable of offering its solutions in international markets like the US, Middle East, Southeast Asia, and Africa regions as well," Mishra added. "This global reach sets us apart in the industry."

Expectations and Market Impact

With a well-tested product and a growing market, BB Matrix has high expectations for the future. "The supply chain market is growing phenomenally, with high double-digit growth rates," Mishra noted. "Our expectation is to achieve triple-digit million-dollar revenues in the next three to five years and make significant inroads into international markets."

BB Matrix is poised to revolutionize supply chain management with its innovative, SaaS-based platform. By offering comprehensive support, real-time efficiency, and global reach, BB Matrix is set to meet the evolving needs of modern enterprises and drive significant improvements in supply chain operations.

• Supply Chain Management

Smartphone prices are skyrocketing all over the world. In such a scenario, Lava International Ltd. is shaking things up with their Blaze X Series by focusing on affordability, premium design, and value for money, while meeting the needs of a diverse consumer base. Sunil Raina, Managing Director, Lava, gives Indian Retailer an exclusive look at how this new series is set to redefine value in the sub-Rs 30,000 segment. Get ready to be amazed by the groundbreaking features and thoughtful design that make Blaze X a game-changer for budget-conscious consumers.

The Blaze X Vision

According to Raina, Lava identified a significant gap in the market for smartphones priced below Rs 30,000. He explains, "If you scan the smartphone market today, you'll notice that unique features are often reserved for higher price segments. We believe there's a large consumer base, primarily below the Rs 30,000 price point, that deserves access to advanced technology. Their aspirations need to be met just as much as those of high-end consumers."

This philosophy led to the creation of Blaze X, a smartphone series designed to bring premium features to an affordable price bracket. Raina proudly states, "Blaze X is going to be the first smartphone with a curved display in the sub-Rs 15,000 category. It will feature an in-display fingerprint sensor, a high-quality chipset, and an exquisite design that looks and feels expensive."

Premium Design without the Premium Price

One of the key differentiators of the Blaze X series is its aesthetic appeal. Raina criticizes the industry norm of making lower-priced phones look less attractive to push consumers towards more expensive models. He says, "We have a clear principle that people must get their money's worth. Aesthetics and build quality don't have to cost a fortune. Our phones, whether priced at Rs 7,000 or Rs 25,000 rupees, all look premium and offer the best build quality available."

Lava's commitment to providing excellent value is evident in every aspect of the latest series. Raina emphasizes, "It's important to recognize that someone buying Rs 7,000 device values their money just as much, if not more, than someone spending Rs 40,000 or Rs 50,000. We're dedicated to offering the best value to all our consumers."

Check out LAVA Blaze X Key Features

The smartphone features a 16.94 cm (6.67”) 120 Hz Curved AMOLED Display with a punch-hole design for an immersive experience.

• It boasts a 64MP + 2MP rear camera with a Sony sensor and a 16MP front camera, offering modes like Dual View Video, Film, Pro Video, Slow Motion, Timelapse, UHD, GIF, Beauty, HDR, Night, Portrait, AI, Pro, Panorama, Filters, Macro, and AI Emoji.
• Powered by the latest MediaTek Dimensity 6300 processor with AnTuTu 420K+, the smartphone offers three RAM options (4GB+4GB, 6GB+6GB, 8GB+8GB) and 128GB UFS 2.2 storage for smooth multitasking and ample space.
• Blaze X includes a 5000mAh battery, Type C port, and 33W Fast charging.

Catering to Diverse Markets

The Blaze X series is not just about affordability; it's also about accessibility. Raina highlights the different market dynamics, explaining, "Lower-end price points are typically more popular in rural areas and Tier II and III cities, while higher-end phones are more prevalent in urban areas. For instance, our Agni 2 model was very popular in metro cities, whereas our Rs 7,000 models are more popular in rural regions."

Lava's strategy is to ensure that their products reach every corner of the country. With a distribution network of 950 distributors and over 120,000 retailers, they have one of the largest market presences in India. Raina mentions, "We have built an automated platform connecting all our retailers and distributors, giving us direct visibility of each and every operator."

As far as their online-offline sales ratio is concerned, they are about 65 percent offline and 35 percent online, with a tie-up with Amazon. “Three years back, we used to be about 5 percent online and 95 percent offline. Now that has shifted dramatically, and we are bridging that gap,” he says.

Competing in a Crowded Market

The smartphone industry is fiercely competitive, but Lava is well-prepared to stand out. Raina notes, "Our industry has never had a shortage of competition. When we started, there were over 200 brands in the market. Today, we are the only Indian brand remaining, competing with global giants."

Lava's focus on providing the best value to consumers has been a key factor in their success. Raina states, "The battle is about who can give consumers the best value. Our view of best value is ensuring that every device we release offers full value to the consumer, regardless of the price point."

Commitment to Security and Updates

In today's digital age, security is paramount. Lava ensures that their devices are secure by using the Android operating system and regularly providing security updates. Raina explains, "We promise updates and upgrades for each device and fulfill that promise. While other brands may focus on high-end devices, we ensure that even our lower-priced models receive regular updates, reducing vulnerability."

 Lava's ambitious plans include exploring IPO options and raising capital to further invest in research and development and marketing. Raina is optimistic about the future, stating, "India is set to become the manufacturing hub for the world. With initiatives like the Production-Linked Incentive (PLI) scheme for components, the opportunities are immense. We believe that the next decade will be crucial for the manufacturing sector in India."

With ambitious plans for expansion and a commitment to providing the best value, Lava is poised to make a significant impact in the market. As Sunil Raina aptly puts it, "We believe our people deserve the best, and we're here to deliver just that."

• Cheapest Smartphone
• Smartphone Industry
• brand expanding in tier II III cities

A scotch can be called a whisky but a whisky cannot be called a scotch . Want to know more about scotch whisky ? Did you know that all the scotch whisky must be made in Scotland by law? Here are the top 10 scotch whisky brands in India. 

Scotch Whisky is the largest export segment for Scotland, with millions of bottles being shipped around the globe each year! It must be matured in oak casks in Scotland made from malted barley for three years as per the Scotch Whisky Association, established in 1912 to watch over the production and labeling of scotch whisky.

Top 10 Scotch Whisky Brands in India

Discover the top 10 scotch whisky brands in India, and gather all the Information you Need!

1. Glenlivet

Glenlivet, a scotch whisky brand was started by George Smith in 1824 with the Glenlivet being the main range of single malt scotch whisky. It goes through the process of malting, milling, mashing, fermenting, distilling and maturing. This scotch whisky is made in Livet Valley, Scotland. The brand became a part of the Pernod Ricard group, the Chivas brothers subsidiary.

Top 4 Glenlivet Scotch Whisky Range in Delhi

2. Monkey Shoulder

Monkey Shoulder, a scotch and whisky brand owned by William Grant & Sons since 1887, originated in Scotland. The name ‘Monkey Shoulder’ came from the traditional process of whisky making. Way back malters would have strain injuries which led their hands to hang down like a monkey. It was the third best-selling scotch whisky brand in 2023. It comes from the Balvenie, Glenfiddich and Kininvie distilleries. (Source: Wikipedia)

Monkey Shoulder Scotch Whisky Range in Delhi 

3. Black and White 

Black and White, a scotch and whisky brand was started by James Buchanan, through a London whisky brokerage in 1879. He found that whisky was believed to be harsh and saw a chance to sell something smooth. He used the finest molten grain whisky from Dalwhinnie, Clynelish and Glen Dullan. A balanced content was made in the Buchanan blend with the mixture of these. Later it was renamed as ‘Black and White’. Diageo owns the brand now. This scotch whisky is produced in Scotland. 

Black and White Scotch Whisky Range in Delhi  

Chivas , a scotch and whisky brand, was founded by John and James Chivas in the rural Scottish Highlands. It has had its distillery since 1789 called the Strathisla. This scotch whisky brand is popular due to its smoothness and taste of Speyside malt. The Chivas scotch whisky range is matured between 10-25 years. Pernod Ricard has been the parent company since 2001. 

Chivas Scotch Whisky Range in Delhi 

5. 100 Pipers

100 Pipers, a scotch whisky brand, produces its product with a blended mixture of 25-30 fine malt whiskies. It has been a part of Pernod Richard since 2001. The brand name was adapted from a ballad of ‘the hundred pipers’ which explains the store of pipers of a troop commanded by Bonnie Prince Charlie, in a battle. It was started by Jimmy Lang and Chivas brothers and Alan Baillie in 1965.

Top 2 100 Pipers Scotch Whisky Range in Delhi   

6. Johnnie Walker

Jonnie Walker, a scotch whisky brand, has a great story. John Walker as a teenager started the distillery, grocery and wine segment when his father died. Slowly, he began to focus on whisky exclusively. It originated from Kilmarnock, Ayrshire in Scotland, and was passed on to his son and later to his grandson. Now the company is owned by Diageo.

Top 5 Johnnie Walker Scotch Whisky Range in Delhi  

7. Black Dog

Black Dog is a blended scotch whisky producer established in 1883. It was blended and bottled by James Mackinlay. It is now produced by the Indian Beverage Company United Spirits Limited (USL), a subsidiary of Diageo. Since 1992 it has been bottled and marketed in India.

Top 3 Black Dog Scotch Whisky Range in Certain Parts of Delhi

8. Teachers 

Teachers is a scotch whisky brand started by William Teachers. After the Excise Act in 1823 William got the opportunity to sell whisky in his grocery store. He obtained a legal allowance to create and sell self-made whiskies in his shop. Years passed and his sons and grandsons held the legacy and became William Teachers & Sons Ltd. In 2011 Fortune Brands acquired Teachers and made it into Beam Inc. In 2014, Suntory bought Beam, forming Beam Suntory.

Top 2 Teachers Scotch Whisky Range in Delhi 

9. Ballantine

Ballantine, a scotch whisky brand, started in 1836 when a Scottish greengrocer named George Ballantine turned to the art of whiskies. He started marketing his hand-selected malts. He first started his grocery with just shakes and ended up being the top scotch whisky brand around the globe. It provides blended scotch whisky from the most renowned whisky regions in Scotland which are Speyside, Highlands, Islay and Lowlands. It became a part of the Pernod Ricard Group in 2005. 

Top 3 Ballantine Scotch Whisky Range in Delhi 

Vat 69 is a scotch whisky brand that was started in Leith, Scotland by William Sanderson in 1839. He owned his own alcohol business in 1863. To make it perfect, William developed 100 different vatting of whiskies for expert testing. The number 69 came from the chosen number of vatting by the experts. Hence the brand name ‘Vat 69’. Today it is owned by Diageo and is produced in Scotland. 

Top-rated Vat 69 Scotch Whisky Range in Delhi

From the Indian Retailers' view, Scotch Whisky has a special place in the global market of spirits products, differentiating itself and appealing to sophisticated consumers all over the world by being made following strict regulations that are based on time-honored Scottish methods of production. 

Which are the top 3 scotch whisky brands in India?

Glenfiddich 12, Chivas Regal 12, and Johnnie Walker Black Label are the best scotch whisky brands in India. 

What factors are required before purchasing a scotch whisky?

Price, age, range and flavor are the top four factors that should be considered before purchasing a scotch whisky.

What are the main types of scotch whisky?

Single malt scotch whisky, single grain scotch whisky, blended malt scotch whisky, blended grain scotch whisky and blended scotch whisky are the main four types of scotch whisky in the market. 

What are the common scotch whisky regions in Scotland?

Speyside, Highlands, Islay, Lowlands and Campbeltown are the main regions in Scotland. 

In a spectacular display of business acumen, Mango has set a new benchmark with the highest revenue in its 40-year history, raking in over 1.543 billion euros in the first six months of the year. This marks a 6.3 percent increase compared to the same period last year, showcasing the brand's relentless upward trajectory despite facing challenges like climate impacts, inflationary pressures, and geopolitical tensions.

The secret behind Mango's soaring success? A series of blockbuster collections that have captivated customers worldwide. Mango’s collections and value proposition, meticulously designed in Barcelona, have been exceptionally well received. From the much-anticipated collaboration with fashion icon Victoria Beckham for its Woman line to an exclusive partnership with Italian tailoring powerhouse Boglioli for Mango Man, the brand has consistently delivered on quality and innovation. These new capsule collections, alongside fresh editions of its Capsule and Selection lines, have not only reinforced Mango's commitment to aspirational style but also resonated deeply with fashion enthusiasts.

Unstoppable Sales across All Business Lines

Mango's diverse business lines have all seen remarkable growth. Mango Man has emerged as a star performer with a jaw-dropping 21 percent increase in sales. Meanwhile, Mango Kids and Teen have recorded impressive growth of over 11 percent. The Woman line, the backbone of Mango's business, has achieved a slight but significant growth of 4 percent, securing the highest revenue for a six-month period in the company's history and accounting for a whopping 79 percent of total revenue.

Toni Ruiz, CEO, Mango, expressed his pride in the company's achievements. "In a very competitive environment, the company has achieved the best six months in its history, with growth above the market average. The excellent performance in revenue during the first half of the year reinforces our commitment to our value proposition, our business model and the international expansion plan with which we want to continue to inspire the world with our passion for fashion," he stated.

Global Domination 

With a presence in over 115 markets, Mango's international business now accounts for more than 78 percent of the group's total revenue. The top-performing regions include Spain, France, Turkey, Germany, and the US. The brand's aggressive expansion strategy has led to 57 net store openings in the first half of the year, bringing the total to 2,743 stores worldwide. By the end of 2024, Mango aims to surpass 2,800 stores, a testament to its ambitious growth plans.

Mango's expansion is nothing short of impressive. In the US, the brand is opening more stores than initially planned, with new locations in Pennsylvania, Massachusetts, and Virginia, as well as a strengthened presence in California and New York. In Spain, around twenty new stores are set to open, particularly for the Mango Teen line, with a new Teen store already making waves at Passeig de Gracia in Barcelona.

The UK market is also a key focus, with plans for over twenty new stores this year, including first-time ventures into cities in Northern Ireland and central and southern England. London has already welcomed its first international Mango Teen store.

Italy is another hotspot for Mango's expansion, with more than fifteen new stores slated to open, pushing the total number of stores in the country past one hundred. Key cities like Rome, Bologna, Genoa, and Verona are seeing significant investments, including a new flagship store in Rome's Alberto Sordi shopping gallery and a revamped iconic store in Milan's Galleria del Corso.

Physical and Online Channels Flourish

Mango's physical channel growth has been bolstered by not just new store openings but also a significant double-digit growth in Like-for-Like (LxL) sales. Meanwhile, the online channel continues to perform robustly, with slight growth over the same period last year. Online sales now represent approximately 33 percent of the group's total revenue, a figure that far exceeds industry competitors.

Celebrating its 40th anniversary in 2024, Mango has unveiled a bold new Strategic Plan named 4E, outlining the business priorities until 2026. The four pillars of the 4E Plan—Elevate, Expand, Earn, and Empower—will drive the company towards its ambitious goals, including surpassing 4 billion euros in revenue by 2026. Central to this plan is a reinforced value proposition and a strategic expansion that envisions the opening of over 500 stores in the next three years.

Mango closed a record 2023 financial year with revenue exceeding 3.1 billion euros. As the company now pushes forward with its 4E Strategic Plan, the goal is clear: exceed 4 billion euros in revenue by 2026. With its eyes firmly set on the future, Mango continues to inspire the fashion world, setting new standards and breaking records with each passing day. Stay tuned as this fashion juggernaut continues its unstoppable ascent!

• retail revenue
• retail expansion

Everyone has shoes in their wardrobe, and people like buying good shoes. Therefore starting a shoe business can be an exciting and rewarding venture, but there is always a right strategy to kick start, the perfect push, isn't it? To assist you on h ow to start a shoe business , here is a 14-step hands-on guide that will describe the path for your entrepreneur journey. 

14 Steps to Starting a Shoe Business

Starting a shoe business involves careful planning and execution. Here are 14 steps to guide you through the process:

Step 1. Research Your Market

Engagement, Awareness and Analysis of  the Market:

• Conduct Surveys: gathering information about the market, audience wants and demands is essential. In today's technology there are various ways to collect information, using online tools like Google Forms or SurveyMonkey can help you gain customer insights. 
• Analyze Competitors: One must know their competitors. Thorough research on what the other shoe brands are doing, their performance, their market information, and whether there are any gaps that you are missing. Understand the strategies of successful shoe brands and improvise yours. 
• Attend Trade Shows: Engaging with industry experts is crucial, make your networking, and gain knowledge about the shoe industry in your country. Recognize and integrate with a first-hand look at upcoming trends. 

Tip : Create an online survey and share it on social media to gather initial feedback. Use this data to refine your shoe business concept.

Step 2. Define Your Niche 

Spot Your Target Audience:

• Demographics: Age, gender, location, and income level are the key elements to define and understand your target audience. This will help you to dedicate your product to a specific customer making it resonate with them. 
• Interests and Lifestyles: Who are you designing and manufacturing for? What type of shoe needs to be made for what type of audience? Get answers to these questions, whether you want to produce a show for an athlete, a fashion admirer or a corporate audience. For instance, if your shoe business is for an athlete, then design your product accordingly, make it a high-performance running shoe, soft foot strike and other features. 

Tip : Develop customer personas. Give them names and backstories to better visualize and cater to their needs.

Step 3. Brand Identity

Build a Strong Brand Identity :

• Name and Logo: A memorable and unique name and logo can add a lot of value to your shoe business. It catches the eye of a consumer. 
• Visual Elements: Making the right choice of color scheme, the typography in the logo and content and the images is a great way to attract customers. The logo and brand name should have the right balance of colors and readable typography.
• Brand Story: The narration of your brand story builds a connection between the target audience and your brand. A compelling storytelling that resonates. Honesty and achievements should be a part of the storytelling. Mark the milestones. For example: Nike’s “swoosh” logo is instantly recognizable and symbolizes speed and motion.

Tip: Use a free logo maker tool like Canva to experiment with designs. Share your top choices with friends and family for feedback.

Step 4. Plan Out Your Business

Components of a Business Plan:

• Executive Summary: Answers to why, what, who, where and how of the shoe business will bring an objective to your brand. Make an overview of the business.
• Marketing Strategy: Develop and improve the marketing plan as per the trends. Customers want something new and niche, adapt to a plan that can retain and entice your customers. 

Tip: There are tons of business plan websites that can make a template for you according to your needs. Small Business Administration (SBA) is a well-known website in India. 

Step 5. Secure Funding                 

Explore Funding Options: Know What Suits You!

• Bootstrapping: It is the most popular option for starting a shoe business. It means building your brand from scratch with owner finances without external capital. It provides full ownership and eliminates the payment of interest, dividends and external investors.
• Bank Loans: Secure funding option from a financial institute that can be used in purchasing inventory, storefront and manufacturing. A bank provides a lump sum amount that needs to be repaid with interest but mostly for a business loan banks give long-period repayment. 
• Crowdfunding: It is a recent and upcoming option to raise your funding to start a business. It means a practice of raising money by a large number of people who would like to invest small or big amounts. It usually happens on online platforms, Kickstarter and IndieGoGo are the top crowdfunding websites. 

Tip : Create a crowdfunding campaign video that tells your story and explains why people should support your venture.

Step 6. Manufacturing of the Products

Design and production:

• Sketch Designs: A developed and researched design information is put down on a piece of paper. Make sketches, and translate the gathered knowledge on what type of shoes is the company making. 
• Create Prototypes: Make a rough outlined duplicate of your shoe. A show sample can assist in rectifying the little details are are left. Ensuring the sample is correct as per the expectation, then master the final product.
• Test for Quality: Certainty in the quality, durability, comfort and style of the shoe is a must. Make sure the shoe has all the elements that are required like lace, sole or color.

Note: The development process for a running shoe will differ significantly from that of a high-heeled shoe in terms of materials and design.

Tip: Gather feedback from customers and improve. The sketches can be shared with potential customers on online mediums like social media or via email.

Step 7. Managing Supply Chain

Establish a Reliable Supply Chain:

• Source Materials supplier: Building and maintaining a strong relationship with suppliers benefits the brand in procurement, and responsible products, ensuring quality, delivery, and sustainability. Do not depend on one supplier, diversify. 
• Manufacturing: Reduce risk factors and resolve common challenges in the manufacturing process. Partner with reputable suppliers.
• Logistics: Adopt and plan your inventory, and how to transport your products from the factory to your storage facility or directly to customers. Implement ABC analysis and Embrace Just-in-time inventory.

Tip: Trello is a reputed supply chain and inventory company. 

Step 8. Register Your Business

Legal Requirements:

• Choose a Business Model: Decide if you want to start with a retail store, or through e-commerce or Omnichannel (retail store as well as online presence). If the budget is open to a large investment a retail store is the right call. If the budget allows low investment e-commerce is the best.
• Register Your Business Name: Make your shoe brand authentic to gain the confidence of your customers. Choose a business structure, for instance, sole proprietorship, partnership, LLC or corporation. 

Step 9. Set Up Your Storefront or an Online Presence

Ways of Selling : 

• Brick-and-Mortar Store: A retail store in a specific location where customers have the comfort of testing and trying the shoe. 
• E-commerce Website: Use online applications and websites like Amazon, Flipkart or Myntra etc. Online presence has a wider reach ability to gain the attention of the audience. 

Step 10. Marketing Strategy

Promote Your Brand: 

• Social Media Marketing: Today the most popular marketing platforms are social media. Build a presence on Instagram and Facebook to showcase the footwear. It is best for making a large number of audiences aware of your shoe business. 
• Influencer Collaborations: Influencer marketing is when you partner with social media influencers or even celebrities with a huge number of followers, to advertise your footwear brand.
• Email Campaigns: Newsletters have a dual advantage, it makes consumers aware of the brand as well as bring the innovative upgrades seen. keep the audience updated with new arrivals and promotions. 

Tip: Hootsuite is a common and well-rated website for managing social media posts, and stories with cost efficiency. 

Step 11. Launch Your Business

Plan Your Launch:

• Pre-Launch Hype: Make a tease about your footwear in the market. Encourage customers through marketing strategies before the launch. Use social media, and offline advertisements like billboards and merchandising. 
• Launch Event: Host an event online or offline. Make the store an e-commerce presence seen in the market. 
• Exclusive Offers: To engage and entice the customers, avail with offers, discounts, and coupons.

Tip: Live stream your launch event on social media to engage with a broader audience.

Step 12. Manage Inventory

Efficient Inventory Management:

• Inventory Management System: For a successful operation consider investing in a reliable inventory management system. The software must manage the stock levels, sales performance, and generate real-time reports. 
• Set Par Levels: Ensure stock-ins and stock-outs. Manage with balance for dealing with minimal quantities for each footwear to ensure it is never out of stock. 

Tip: QuickBooks is a website to integrate inventory management with your accounting system.

Step 13. Provide Excellent Customer Service

Customer Experience:

• Sizing Guides: Help customers choose the right size, acknowledge the feedback and improve.
• Personalized Recommendations: Suggest and customize products based on customer preferences. It builds trust and confidence from a customer's perspective towards your brand. 
• Easy Returns: Offer hassle-free returns to build trust. Certain coupons or discounts can be made available for dissatisfied customers, generating a want for customers to come back. 

Tip: Implement a live chat feature on your website to assist customers in real-time.

Step 14. Plan Future

Stay Ahead of the Curve:

• Monitor Trends: Keep upgrading and follow the latest footwear trends and technology 
• Collect Feedback: Regularly ask customers for their opinions. 
• Adapt Quickly: Be ready to pivot your strategy based on market changes.

Tip: Use Google Analytics to track your website’s performance and gain insights into customer behavior.

Final Thoughts

In the Indian retailer's eye, omnichannel presence is gaining heights for a startup. A business must choose the right path in the business model. E-commerce and retailing strategies influence the usual shopping experience still liked by the majority. Retailers are now integrating physical and digital mediums into omnichannel presence to expand their customer base. It is important to combine e-commerce and traditional retail, it was revealed that 73 percent of consumers incorporate multiple channels in their shopping. 

Is the shoe business profitable?

Yes, the shoe business can be profitable. Different types of shoe businesses have different cost structures and profit margins. For example, a retail shoe store has a profit margin of approximately 20% to 30%, whereas a wholesale shoe distributor has a profit margin of about 35% due to lower costs of goods sold​.

What are the most popular types of shoes demanded in the market?

The top 3 types of market-demanded shoes are - casual footwear, formal footwear, and customized footwear.

What is the minimum investment for a footwear business?

The minimum investment to start a footwear business typically ranges from Rs. 8 lakhs to Rs. 20 lakhs. This amount covers essential costs such as renting a space, purchasing inventory, business registration, and initial marketing efforts.

The ones responsible for the high amounts of market value in India and rapid growth among all others are Supermarkets and Hypermarkets. It's expected that in 2026 the retail market value of India will reach $1.7 trillion, with super and hypermarkets being important drivers of it. The retail giants in addition not only revolutionized the shopping experience but also completely changed consumer behavior and the economy. It is most likely that urbanization together with the increase of disposable incomes contributes to the very fact that the distinction between supermarkets and hypermarkets becomes more comprehensible.

What is a Supermarket?

A Supermarket is a very large retail establishment that particularly sells in big quantities to family members. Bringing you back to the story, supermarkets operate in self-service and provide a wide list of foods in their inventory including vegetables, fruits, meat, packaged goods, and also non-food items such as cleaning things and personal hygiene products. An instance in India that portrays an adequate example is Reliance Fresh. The global Supermarkets Market value is approximately $0.98 trillion in 2024, along the line is expected to touch $1.16 trillion by 2029, although the CAGR has been cited to reach 3.30 percent in the period of the forecast (2024-2029).  Such grocers usually set up shops near urban and semi-urban centers, thus enabling convenience and a wide selection of food items for one's daily needs in shopping. There are different types of Supermarkets which are:

• Conventional supermarkets
• A limited assortment of supermarkets
• Supercenters
• Warehouse clubs
• Convenience stores

Check More:  Retail Store: Definition, Types and Components

What is a Hypermarket?

A hypermarket is an immense supermarket-like enterprise, which combines a supermarket with a department store. Normally, these shops have a wide selection of products in one place, such as groceries, apparel, electronics, furniture, and much more. Hypermarkets are a type of large retail store that provides a more comprehensive shopping experience and because of that, they are usually larger than supermarkets. The success of Lulu Hyderabad in India is a wonderful illustration of a hypermarket chain. A majority of the time, hypermarkets are found either in the suburbs or on the outskirts of towns, and they usually offer large parking lots and diverse stock. The Hypermarket market size is calculated as $774.27 billion in 2024 and is expected to reach $876.03 billion as soon as the end of the year 2029 with an every-year development proportion of 2.5 percent within the same period between 2024 and 2029.

Check More:  Difference Between Supermarkets and Department Stores

Major Differences between Supermarket and Hypermarket

The main difference between a supermarket and a hypermarket is that a hypermarket is a supermarket that also sells expensive items like appliances and is much more significant. Hypermarkets are massive, whereas supermarkets are small.

Examples of Supermarkets and Hypermarkets:

• Supermarkets: Walmart Inc. and in India Reliance Fresh, and Hypercity are the greatest examples of Supermarkets. 
• Hypermarkets: Reliance Retail, DMart and Spencer’s are some examples of Hypermarket 

Strategies for Success:

To thrive, both supermarkets and hypermarkets must adopt specific strategies:

Store Location:

• Supermarkets can be found near housing areas and that is why they are more accessible to the consumers.
• The central part of the city is the location of the hypermarkets. This is due to the huge area of them, which is why more parking spaces are provided and thus, the site can attract more customers.

Merchandise Range:

• Supermarkets are the first to enter with the least brand variety but more product categories (e.g., 500 categories with 10 choices each).
• Hypermarkets are the second for they offer more products but fewer brand choices in each category (e.g., 3,000 categories with top 3-5 brands).

Inventory Management:

• With supermarkets, there are such practices as inventory turnover, demand-making estimation, communicating with a reliable supplier, setting auto reorders, etc.
• In hypermarkets, by inclusion of forecasted demands commodity-wise, they escape overstock or stockouts.

Store Layout:

• Supermarkets make use of the same layout for all the departments and thus a customer can get familiar with everything by following the signboards.
• Hypermarkets do the same for the board (i.e. rows for groceries, and free flow for clothes) and the customer will be able to find a way to move through the store because of the signboards.

Online Presence:

• Supermarkets have put up more user-friendly websites or have made apps for online ordering and home delivery. They are also taking advantage of social media and digital marketing.
• Hypermarkets have evolved traditional shopping methods, letting patrons order curbside pick-up and combining such walks with car-parking directions filled through online channels.

Technology Integration:

• Supermarkets also believe in the concept of implementing ERP solutions that can be adapted to different business functions (e.g., inventory control, billing, accounts, and GST filing).
• Similarly, Hypermarkets will also be capable of being extended to security measures like even theft-detection cameras, especially for self-checkout POS machines.

Customer Service:

• Supermarkets: Staff must be taught to help customers who are overwhelmed by the huge number of shoppers. The personnel should be effortlessly approachable by the customers.
• Hypermarkets: They have a nice idea such as the addition of in-store restaurants and cafes thus an important reason behind them to shop and boost sales.

A Quick Summary of the Differences between Hypermarket and Supermarkets

• Size: Hypermarkets are significantly larger than supermarkets.
• Location: Supermarkets are usually located near residential areas while hypermarkets are located in commercial areas or ideally on the outskirts areas.
• Product Range: Hypermarkets offer a more extensive range of products.
• Pricing: Supermarkets prices are based on their nearest competitor's price while the hypermarkets follow everyday low pricing strategies after their large sales volume.
• Shopping Experience: Supermarkets are convenient for quick trips, while hypermarkets provide a comprehensive shopping experience.
• Checkout counters: Supermarkets have a single counter with multiple tills but Hypermarket has departments with their different counters for billing.
• Service: Supermarkets focus on speed and convenience hypermarkets on variety and additional services.
• Target Market: Supermarkets cater to the daily needs of urban shoppers; hypermarkets target bulk buyers and those seeking a wide variety.

At Indian Retailer, we think that both Hypermarket and Supermarkets play important roles in the Indian economy, and play a crucial role in the Indian retail market, understanding their difference is also important for anyone to make an informed choice and also for the people who want to strategize growth in the retail world.

FAQs on the Difference Between Supermarkets and Hypermarkets

1. Is DMart a supermarket or a hypermarket?

DMart is an Indian retail corporation that operates a chain of supermarkets in India.

2. Is mall a hypermarket?

No, a mall is not a hypermarket. A mall is a large complex with multiple retail stores and entertainment options, while a hypermarket is a single, extensive store combining a supermarket and a department store.

3. What is the difference between a retail store and a hypermarket?

Hypermarkets are usually part of a larger retail chain, and they often have a larger selection than supermarkets or department stores. In addition to offering a wide variety of items, hypermarkets typically sell items at lower prices than other retailers.

4. What is the difference between a supermarket and a grocery store?

A grocery store tends to be more focused on food and produce, often smaller in size, and might not carry the same extensive range of non-food items. Essentially, supermarkets are like a one-size-fits-all store, while grocery stores are more specialized.

5. Why is a supermarket necessary?

The benefit of a supermarket is that customers can get all of their goods under one roof, which saves a lot of time.

• Hypermarket
• Supermarket

In an era where digital transactions are burgeoning, Indian consumers are particularly sensitive about their personal data. 82 percent of consumers consider the protection of their personal data as the most critical factor in earning their trust. This sentiment is echoed by Ravi Kapoor, Partner and Leader – Retail and Consumer sector, PwC India, who stated, "Protecting consumer data has not surprisingly been voted by 82 percent of consumers as the most important factor that will help build trust."

PwC India has released its latest survey titled "Voice of the Consumer Survey 2024," providing a comprehensive look at the sentiments and shopping behaviors of Indian consumers. The survey, encompassing responses from 1,000 Indian consumers, underscores significant trends and imperatives that brands must heed to build trust and foster loyalty. According to the survey, Indian consumers are increasingly discerning about where they spend their money and whom they trust with their personal data. The survey provides a comprehensive look into the sentiments and shopping behaviors of Indian consumers, offering crucial insights for brands aiming to refine their strategies and marketing efforts.

The Crucial Role of Data Protection

Consumers are increasingly cautious about privacy and data sharing, particularly on social media. Despite 58 percent of consumers buying products through social media, it remains the least trusted channel, with 76 percent of consumers expressing concerns about privacy. This underscores the need for brands to implement stringent data protection measures and transparently manage consumer data.

“The survey advises businesses to adopt rigorous data protection strategies, as 83 percent of consumers value knowing their devices secure their information, and 74 percent approve using their data for beneficial services. Additionally, over 66 percent are willing to share data for more personalized experiences, provided their privacy is not compromised,” he explained.

Health, Wellness, and Sustainability

Indian consumers' preferences are increasingly leaning towards health and wellness-focused products. The survey reveals that 69 percent of consumers plan to eat more fruits and vegetables soon, and 75 percent actively seek information on food sustainability. Millennials, in particular, show a proactive stance, with 78 percent favoring independent sustainability scores on labels, compared to 66 percent of Gen Z.

This shift towards sustainability is further driven by concerns over climate change, which 46 percent of Indian consumers view as a significant threat. As a result, 60 percent of these consumers are changing their behavior and moving towards sustainable products, even willing to pay a premium of 13.1 percent for sustainably sourced goods.

Kapoor emphasized, "Our survey reveals three main drivers of building trust; firstly, how well do brands make life easier for their consumers; secondly, how well they connect with their consumers and finally how do they ensure inclusiveness with their consumers."

Businesses are advised to align their offerings with wellness, nutrition, and sustainable practices. The top incentives for sustainable purchasing include water conservation (43 percent), eco-friendly packaging (41 percent), and waste reduction and recycling (36 percent). By addressing these concerns, brands can tap into the growing market of environmentally conscious consumers and strengthen their trust and loyalty.

Physical Stores vs. Online Shopping

While the global trend shows a significant shift towards online shopping, Indian consumers still exhibit a strong preference for physical stores. According to the survey, 56 percent of Indian consumers frequently purchase non-grocery items from physical stores, a figure substantially higher than the global average of 34 percent. In-store shopping remains popular, with 62 percent of consumers preferring to visit stores to discover products, while 53 percent browse online.

This preference for physical stores is balanced with the convenience of online marketplaces, with 43 percent of purchases happening in-store and 44 percent online. Businesses are encouraged to enhance the physical store experience by incorporating technologies like augmented reality and mobile payments to make shopping more seamless and engaging.

"Indian consumers’ optimistic sentiment shines through the survey with a whopping 75 percent of consumers saying that they will increase spends in the clothing/footwear/grocery and health and beauty categories in the next six months," noted Kapoor.

The Impact of Social Media and Influencers

Social media plays a crucial role in consumer decision-making, despite being the least trusted industry. The survey indicates that 77 percent of consumers discover new brands via social media, and 81 percent use it to seek reviews before making purchases. Influencer endorsements and targeted ads significantly influence purchasing decisions, highlighting the importance for brands to maintain authenticity and transparency on these platforms.

However, the concerns about privacy and data sharing on social media cannot be ignored. Kapoor highlighted, "The main theme of the survey is the need for brands to stay authentic to earn consumer trust and ultimately build loyalty." To address these concerns, businesses must implement stringent privacy measures and clearly communicate their data protection policies to consumers.

AI and the Human Touch

The integration of AI in business operations is a double-edged sword. While 57 percent of consumers trust AI for low-risk activities like obtaining product information or receiving recommendations, they remain skeptical about AI’s role in high-risk tasks. Despite interest in chatbots, there is a strong preference for direct interaction with sales representatives. Over 86 percent of consumers express concerns about the potential cyber risks and job security implications of future AI developments.

The survey cautions businesses to carefully integrate AI, emphasizing the need to balance AI with human interaction, especially in complex and personal services. He advised, "Brands need to deploy generative AI tools responsibly to build consumer trust." This balance is crucial in ensuring that AI enhances the consumer experience without overshadowing the human touch that many consumers still value.

Building Trust Through Authenticity and Value

The survey identifies six key imperatives essential for building consumer trust: focusing on value-creating purchase journeys, proactively helping consumers manage their health and wellness needs, staying authentic on social media channels, building watertight personal data protection capabilities, creating sustainable business models, and deploying generative AI tools responsibly.

By addressing these imperatives, businesses can meet consumer expectations and build long-lasting trust and loyalty. High-quality products and services, clear communication, consistent consumer experiences, affordability, transparency in ESG matters, and improved decision-making and execution are the cornerstones of building trust with consumers.

• Consumer Behavior
• Shopping experience
• Consumer Spending

The fast-moving consumer goods (FMCG) sector in India is witnessing significant growth driven by consumer demand and price hikes, particularly for essential items. As of 2023, the FMCG market has reached a valuation of $121.8 billion. This report delves into the various factors contributing to the sector's expansion and the projections for its future growth.

According to IBEF(India Brand Equity Foundation), the total revenue of the FMCG market is expected to grow at a compound annual growth rate (CAGR) of 27.9 percent from 2021-27 , potentially reaching nearly $615.87 billion . In 2022, the urban segment contributed 65 percent to the overall annual FMCG sales, while rural India accounted for over 35 percent. This growth is supported by a good harvest and government spending, which are anticipated to aid rural demand recovery in FY24.

Volume and Value Growth

India's FMCG sector grew by 6.4 percent in volumes during the October-December 2023 quarter, led by positive consumption trends across the country. In FY23, the sector witnessed an 8.5 percent increase in revenues and a 2.5 percent rise in volumes. During the first half of 2022, value growth was approximately 8.4 percent due to inflation-induced price hikes. In Q2 of 2022, the FMCG sector recorded a 10.9 percent year-on-year value growth, surpassing the 6 percent growth seen in Q1.

Digital Influence and Resilience

India boasts 780 million internet users, with the average person spending around 7.3 hours daily on their smartphone, one of the highest rates globally. This digital presence has significantly influenced the FMCG sector, with digital advertising spending reaching $9.92 billion by 2023. The FMCG industry contributed 42 percent of the total digital spending, highlighting its dominance in the digital advertising space.

Food Processing Industry: A Key Contributor

The Indian food processing market reached $ 307.2 billion in 2022 and is expected to grow to $ 470 billion by 2028, with a CAGR of 9.5 percent from 2023-28. From April 2000 to December 2023, the food processing industry received $ 12,466 million in foreign direct investment (FDI). The Union government has approved a new production-linked incentive (PLI) scheme for the food processing sector with a budget of Rs. 109 billion ($ 1.46 billion), with incentives disbursed over six years until 2026-27.

Investment Announcements and Acquisitions

• Varun Beverages: In February 2024, the company announced a Rs. 3,500 crore ($ 421.69 million) investment to set up manufacturing plants, generating 1,500 jobs.
• Unilever: In October 2023, Unilever entered into an agreement to sell Dollar Shave Club while retaining a 35 percent minority shareholding.
• VLCC: In June 2023, VLCC acquired the men's grooming brand Ustraa.
• Reliance Retail Ventures: Completed the acquisition of a controlling stake in Lotus Chocolate in May 2023.
• ITC: In January 2023, ITC announced plans to acquire 100 percent of Sproutlife Foods, the parent company of the health food brand 'Yoga Bar', over three to four years.

Government Initiatives and Budget Allocations

The Union Budget 2023-24 allocated $976 million for PLI schemes aimed at reducing import costs, improving domestic production cost competitiveness, increasing domestic capacity, and promoting exports. These initiatives are expected to drive growth in the FMCG sector by creating jobs and strengthening the supply chain.

ALSO READ:  FMCG Sector in India Sees Strong Growth in 2023-24

Employment and Consumption Trends

The FMCG sector employs around 3 million people, accounting for approximately 5 percent of the total factory employment in India. Sales in the sector were expected to grow by 7-9 percent in revenues for 2022-23. Key growth drivers include favorable government initiatives, a growing rural market and youth population, new branded products, and the rise of e-commerce platforms. By 2025, the number of active internet users in India is expected to reach 900 million, up from 622 million in 2020.

Rural Markets and Urban Contributions

Rural markets contribute more than 35 percent to overall annual FMCG sales. E-commerce accounts for 17 percent of the overall FMCG consumption among affluent buyers, who spend an average of Rs 5,620 ($68). The sector's growth is also fueled by increased spending on healthcare products, driven by the COVID-19 pandemic, and the rising demand for branded products in rural areas.

Future Outlook

The FMCG market in India is expected to increase at a CAGR of 14.9 percent, reaching $220 billion by 2025, up from $110 billion in 2020. The government's incentives and FDI funds have bolstered the sector, improving employment rates and establishing a robust supply chain. The FMCG sector's resilience, coupled with digital advancements and government support, ensures its continued growth and contribution to India's economy.

• FMCG Products
• FMCG industry
• FMCG Report

Revolutionizing the traditional mattress industry, TSC leads on the front foot with 100 company-owned-company-led stores. Remarkably, it's India's fastest D2C brand to reach this milestone within two years of launching its first store in Bengaluru in June 2022. In just four-and-a-half years, The Sleep Company has hit an impressive Rs 500 crore ARR! The Sleep Company is redefining the landscape of comfort with its innovative approach to sleep and seating products. From humble beginnings to becoming a trailblazer in the comfort tech industry, the journey of The Sleep Company is nothing short of inspiring.

Priyanka Salot, Co-founder, The Sleep Company, along with her husband Harshil, embarked on a transformative journey after identifying a gap in the Indian market for high-quality sleep products. "When I became a mom, sleep became a luxury that I couldn't afford. Despite trying various mattresses, my quest for comfort remained unfulfilled," Priyanka recalls. "That's when we realized the stark difference in product quality available in India compared to the global market. It sparked the idea that led to the birth of The Sleep Company."

With a decade-long experience at Procter & Gamble, Priyanka's passion for consumer brands and tangible products that improve lives fueled the foundation of the brand. "We wanted to create a consumer brand that would make a real difference. Our goal was clear: to revolutionize sleep and seating comfort with innovative products," she says.

Disrupting with SmartGRID Technology

The turning point came when Priyanka and Hershel met AK Tripathi, a former Defence Research and Development Organisation (DRDO) scientist. "We spent two years in R&D, developing a product far superior to anything available in the country. Our patented SmartGRID mattress was born, designed to provide unparalleled comfort and support," Priyanka explains. The SmartGRID technology, now patented in multiple countries including India, has set new standards in the comfort tech industry.

From the outset, the vision was ambitious. "Can we make people sleep and sit better and become the world's best comfort tech brand?" Priyanka asked. In just two years, the company has established a strong offline presence, opening 100 company-owned experience centers across 30 cities in India. "We didn't want to be just another online brand. We aimed to create a tangible experience for our consumers," she emphasizes. "Our stores are designed to educate consumers about the importance of sleep and the benefits of SmartGRID technology. We offer a unique 'Sleep Lab' experience where customers can see and feel the difference." The company offers a host of products including mattresses, sofa, pillows, cushions, bedding, office chairs, smart recliner bed, among others.

From 100 to 200 Stores

With the recent milestone of 100 stores, The Sleep Company is poised for further expansion. "We plan to double our store count to 200 in the next 12 months," Priyanka shares. "Our approach is data-driven. We use proprietary tools to identify the best locations based on demographics, income levels, and other parameters. This ensures a high success rate for our stores."

The focus remains on direct-to-consumer sales, providing a seamless shopping experience both online and offline. "Our strategy of Research Online, Purchase Offline (ROPO) has worked exceptionally well. Today, more than 60 percent of our business comes from offline sales," she notes.

The Sleep Company saw its operating revenue soar to over Rs 127.14 crore in FY23, a massive leap from Rs 74.05 lakh in FY20. The company is on track to hit Rs 1000 crore in revenue within the next two-three years. This ambitious goal aligns with the leadership’s strategic vision, and will be fueled by a robust growth strategy, including expansion plans across India. The company has two manufacturing sites, one each in Mumbai and Bengaluru. Since December 2022, it has opened one store every 4-5 days, and all of TSC stores have been EBITDA profitable since the beginning of its operations.

The company generates 85 percent of its sales through its omnichannel presence, which includes both retail stores and its website. Dominating the office chair market in India, it has seen an astounding 10X growth in its chair category since launch. With the recent debut of its chair brand 'ErgoSmart', TSC aims to double its market share in the next 24 months. So far, TSC has raised Rs 184 cr in a Series C funding round from Premji Invest and Fireside Ventures in December 2023, Rs 177 cr in a Series B round led by the same investors and Alteria Capital, and Rs 13.4 cr in a pre-Series A round. Currently, they don’t have plans to raise more capital.

Inventing for the Future

Innovation continues to be at the core of the brand. "We operate in two main categories: sleep and seating. We are constantly launching new products within these categories," says Priyanka. "Our aim is to continue innovating and offering products that truly solve consumer problems." Beyond products, Priyanka and Harshil are committed to building a great organization. "Every employee at The Sleep Company has ESOPs, and we've conducted two rounds of buyback in our three-year funding journey. We want to ensure our employees are part of our success," Priyanka states proudly. "We strive to create a company that is not just profitable but also a great place to work."

To solidify its market position and omnichannel presence, The Sleep Company plans to boost its workforce from the current 1000 employees to 1300-1400 by the end of 2024. “This rapid growth and expansion is attributed to a combination of innovative products, expansion of our omnichannel presence and our unwavering commitment to customer satisfaction. Innovation remains at the core of our growth strategy and our patented SmartGRID technology is what gives us a competitive edge and makes us stand out in the industry. We are now looking to enhance our position as a ‘House of Brands’ and expand our product line while setting new standards in the industry.  The integration of AI into our future products will help us further enhance customer experience. We are extremely grateful to our people, customers and investors for being a part of this growth journey and we remain committed to improving the lives of individuals with our sleep and sitting solutions,” she adds.

Global Ambitions

While the primary focus remains on India, The Sleep Company is testing international waters. "We are present in the UK and UAE, and have patents granted in several countries. Our vision is to become a global brand, made in India," Priyanka reveals. "The potential in the Indian market is vast, and we are just getting started."

The Sleep Company's journey from a startup to a leading comfort tech brand is a testament to its innovative spirit and consumer-centric approach. As Priyanka concludes, "We are committed to making people sleep and sit better. With our continued focus on innovation and expansion, we aim to set new benchmarks in the comfort tech industry." With the ambitious goal of doubling their store count and expanding their product line, The Sleep Company is well on its way to becoming a household name in the comfort tech industry, both in India and globally.

• omnichannel
• Expansion Plans

What makes furniture truly luxurious? How do you choose pieces that perfectly blend sophistication and comfort? We have the solution with India’s top 10 luxury furniture brands , popular for the substantive luxury and ecology standards that have become a new trend. So let’s look into the leading furniture makers with their huge brand history, and their flagship stores to reach the brands which help you to analyze the best furniture brands for both domestic and international markets. Ready to discover the finest in luxury furniture?

Furniture Lifting the Indian Market

• In 2024, the Furniture market in India is projected to generate a revenue of Rs 5.48 billion.
• This market is expected to grow at a compound annual growth rate (CAGR) of 6.42 percen t from 2024 to 2029.
• The largest segment within this market is the Home Décor, which is estimated to have a market volume of Rs 1.95 billion in 2024.

Top 10 Furniture Brands in India

Here is the list of the top 10 luxury furniture brands in India to help you understand why they come under the luxury segment. 

1. Sources Unlimited

Helmed by Falgun Shroff, Sources Unlimited is a luxury home decor brand in India. Founded in 2004 and headquartered in Mumbai, the company has delivered projects throughout India, boasting well-known public figures and top corporate houses amongst their list of clients. With a focus on giving highly personalized service, ‘Sources Unlimited’ today has 3 showrooms - in Mumbai, Delhi and Bangalore. Currently, Sources Unlimited has exclusive tie-ups with various top European brands such as Giorgetti, Rimadesio, Turri, Longhi, Baxter, Promemoria, Sicis, Wall & Deco. Besides these brands, they house 500 other high-profile international brands, which are globally renowned and can be easily accessed through Sources Unlimited. Media Milestone is in charge of exclusively marketing and promoting the brand. 

2. IOTA Furniture

IOTA Furniture began its journey as a family-owned timber shop founded in the year 2003 by Namit Ajmani, their headquarters is in Kirti Nagar, Delhi. IOTA is one of the trusted resources of imported luxury furniture in Delhi. Iota’s flagship features an eclectic mix of high-impact furniture pieces and interior accessories over seven countries. T heir selection boasts timelessly elegant design marvels from global heavyweights such as Ligne Roset, Kartell, Lenzi, Innovation Living, Arosio Milano, and many more. The marketing is majorly through blogs on their official website and articles. They provide special offers for their customers on their websites and stores. The expertly curated range of products, cherry-picked by IOTA’s skilled design team, typifies the contemporary style, soul, and spirit.

3. Sarita Handa

Sarita Handa, founded by the legend herself - Sarita Handa - has today metamorphosed into a hallmark luxury home design. Founded in 1992, the brand opened its first retail store in 2004. Later, Handa opened retail stores in Mumbai and Chennai. Today, helmed by her daughter, Suparna Handa, the brand opened its doors to a fourth luxury retail space in the upscale Defence Colony area of South Delhi. Spread across 1800 sq. feet, the store exudes an inviting, contemporary sophisticated ambience. Last year, the company registered an annual turnover of Rs 500 crore. The brand now sells bed and bath linen, furniture, décor products, and furniture fabrics all over India and overseas. Sarita Handa's marketing is mainly through news articles and social media. Their feed showcases a diverse mix of home decor, cushions, bed linens, furniture, fabrics, and lifestyle inspirations, all presented with a colorful and minimalist style that exudes sophistication.

4. Beyond Designs

Beyond Designs, the maximalist, luxury furniture brand was founded by the designer duo Sachin Gupta and Neha Gupta in the year 2000. Beyond Designs specializes in custom-made furniture, lights and accessories. They started their manufacturing unit in 2003 on a 500 square ft space. The Beyond Designs retail store was launched in South Delhi in 2010, and in 2018 they unveiled their flagship store at MG Road, Sultanpur in the Delhi Design District. The 8,000-sqft store showcases high-end furniture pieces, lights and accessories that use exclusive materials like stone, mirror, metal, crystals, semi-precious inlay, gold, and silver leaf etc.

Nivasa specializes in creating homes, furniture and accessories. Founded in 1993 by Rohit Kapoor, the headquarters is in Sultanpur, New Delhi. Nivasa is a design and manufacturing company, engaged in creating exclusive furniture for the last 20 years. They offer bespoke furniture that is designed to fit your lifestyle and personality, along with different lines of ready-to-buy designer furniture. These comprise the following: PALAIS is intricately carved from solid wood, with elaborate craftsmanship. SCANDINAVIA is known for clean, minimalist furniture with innovative textures, materials, and finishes. The company’s share capital is Rs 90.00 lac and the total paid-up capital is Rs 64.60 lakh. Nivasa Retail Private Limited's operating revenues range is Rs 1 crore - 100 crore for the financial year ending on 31 March 2023.

6. Nitin Kohli Home

The brand name is Furncraft Decollage, but, since the designer’s name was vastly known and respected throughout the country, the company it was rebranded to Nitin Kohli Home in 2018. Nitin Kohli Home is an ambidextrous and versatile design company with an in-house design center brimming with unique materials, along with dedicated units for stone, metal, fabrics, soft furnishings, and glasswork. Favored by top architects, the brand ensures that every project embodies a true masterpiece. It has its showhouse/flagship store based in Ambawatta One, near Qutub Minar, New Delhi , specializing in residential and commercial design. Nitin Kohli markets through social media.

7. Bay Window

Bay Window , a rising mid-luxury furniture brand has marked its debut with a sprawling 30,000-square-foot, five-storey flagship store in the upscale suburb of Jubilee Hills, Hyderabad.  Founded in 2009 by Siddhant and Shivani Anand, Bay Window’s collaborations with renowned international designers infuse the brand's offerings with a worldliness, enabling them to cater to a variety of tastes and preferences. Their collections include pieces by London-based Leonhard Pfeifer, Scandinavian designer Anders Östberg, and Serge Milan, amongst others, all of whom merge their distinct design sensibilities with the Bay Window ethos. Bay Window has an ambitious roadmap, eyeing expansions across 10 cities in the next three years. The goal is to revolutionize the shopping experience in the home decor segment, promising customers not just exceptional products but also an unmatched omnichannel shopping experience with lightning-fast delivery. The brand attracts people through various news articles and online magazines. 

8. Vita Moderna

Vita Moderna was established in the year 2008 by Akshay Adhalrao and Pritesh Modi and emerged slowly to rule the luxury furniture and interior design products in India. The company has been associated with luxurious homes across India for the last 15 years and maintains a close association with top interior designers and architects. The brand has successfully executed over 500 projects not only in India but also in international markets such as the UK and the Middle East. Vita Moderna has truly excelled in bridging the gap between Indian consumers and the finest Italian and European home decor brands, delivering a seamless fulfillment experience. It is associated with Flexform, Vittoria Frigerio, Reflex Angelo, Glas Italia, etc.

9.  Ralph Lauren 

Ralph Lauren , a renowned name in the design, marketing and distribution of premium lifestyle products and other licenced product categories, was founded in the year 1983 by Ralph Lauren, The renowned classic American brand is available at Seetu Kohli Homes in India. The brand offers products, including furniture, bedding, lighting, and decor, with SKUs priced between Rs 2,00,000 and Rs 30,00,000. The brand’s emphasis on sustainable materials and custom furniture options, coupled with collaborations with top artisans, has solidified its global reputation, including a strong presence in India. Its headquarters is located in New York, US, and it is associated with brands like Polo Ralph Lauren and Lauren Ralph Lauren. Seetu Kohli Homes is headquartered in New Delhi’s posh Ambawatta complex.

10. Bent Chair

Bent Chair founded in the year 2016 by Neeraj Jain and Natasha Jain,  a place where tradition was blended with modern technology. Bent Chair's headquarters is based in Ambala, the brand offers a wide range of premium sofas, dining tables & chairs, tables, mirrors, bookends, cushions, and wall decor items in varied designs and styles. Bent Chairs has a presence in over 15+ stores in PAN India and 10k+ app downloads. It has 12+ retail outlets in Indian cities such as Hyderabad, Bangalore, Chennai, Agra, Raipur, Patna and Ahmedabad. Internationally, Bent Chair has collaborated with BD Homes in China.

At Indian Retailer, we understand choosing a piece of furniture is not just about the standard but about the person's personality, family culture and fashion as well, and for that, we have a list of the top 10 luxury furniture brands, which help you to choose the right furniture according to your style.

FAQs on Luxury Furniture Brands in India

1. Which type of sofa is best?

If you want the sofa to be firm and provide good support, go for higher-density foam. The foam is usually supported by different types of springs and elastic belts. Polyurethane (PU) Foam: PU foam has a broad range of load-bearing capabilities and resiliency. Multiple layers of foam can provide suitable firmness.

2. What is luxury furniture?

It gives a sense of spaciousness as well as the appearance of a luxury lifestyle. They combine high-end furniture materials with creative styles that make them simply unique. Whether it's a bed base, a leather sofa, a solid wood dining table, or a sideboard, every piece of furniture can be a piece of luxury.

3. Who dominates the furniture market?

The United States generated nearly 254 billion U.S. dollars in furniture revenue in 2023, making it the leading market globally. China and Germany came in second and third place, with both markets worth over the 50 billion U.S. dollars mark.

4. Which city is famous for furniture goods?

Jodhpur (Rajasthan) is a furniture city in India, as there are almost 2000 big and small manufacturers of different types of furniture. And this city alone exports 1000 containers per month to the biggest furniture retailers all over the world.

• ralph lauren
• SARITA HANDA
• Interior designs

Have you ever wondered what attracts us when we visit a store? Is it the decorative mannequins or the styling or the aesthetic setting; or the kind of products that are available? All these aspects come under merchandising. From selection to placement of products, everything is done exclusively for a particular store. But there are two aspects that make a store entice you to walk in and explore. They are retail merchandising and visual merchandising. Let’s explore what the differences are between these two. 

This article will help you understand the differences, key features, and importance of retail and visual merchandising for your business idea. 

What is Retail Merchandising?

Retail Merchandising's primary objective is customer attraction. Retail merchandising is the art of showcasing and selling diverse products in a store that catches the eye of potential buyers. It calls for innovation in approach — using strategies like store layout and product placement based on customer demographics. The selection of stock-keeping units (SKUs) plays a vital role in defining the store's identity and appeal to its target market. In layman’s terms - whatever product you see in the store is painstakingly chosen and placed with utmost care to attract the customer.

Check More:  Why is AI Retail Merchandising Essential for the Holidays?

What is Visual Merchandising?

Visual Merchandising The main thing that visual merchandising does is determine how a store looks to showcase the brand's identity. The concept encompasses all aspects of store presentation from the layout to mannequin placement. Brick-and-mortar stores typically leverage visual merchandising as a tool for establishing their brand identity. It consists of such components as lighting and music selection blended with interior design that creates an image in customers' minds about the brand. In layman’s terms it is styling the store so that it looks and feels its best and can then entice the customers. 

Check More:  Top 5 retail visual merchandising strategies from the industry stalwarts

Difference between Retail and Visual Merchandising

Retail merchandising is primarily concerned with product selection and presentation to drive sales; visual merchandising, on the other hand, underscores the store's aesthetics and ambience to boost brand value and draw in clientele. Here are the key differences between retail and visual merchandising:-

Retail Merchandising aims to plan, buy and sell products for profitability, build engagement with customers and develop a brand identity. 

Visual Merchandising is the visual presentation for engaging customers towards a store. The attractive elements on banners, posters or digital screens assist in enticing customers, and building a curiosity to walk inside a store. 

Retail Merchandising focuses on product selection, prices, inventory management, and promotions.

Visual Merchandising focuses on display, customer experience and store outlook.

Retail merchandising impacts profitability and sales with constructive product supervision.

Visual merchandising plays a key role in customer interaction, shop experience and sales as well.

• Role in Branding

Retail Merchandising makes sure the correct number of product stock is available at the right time (seasonal product accessibility).

Visual Merchandising increases the brand image by providing an environment that entices customers and making visually appealing stores.

Examples of Retail and Visual Merchandising

Retail Merchandising : Placing the products on particular shelves, dedicating a particular area of the shop to a particular product, understanding the trends and seasonal demands in the market in regards to the product and updating them. For example, Zara changes its stock every few days to keep up with trends and resonate with young customers, and look fresh for repeat customers.

Visual Merchandising : Banners, posters, digital panels above or at the entrance of a store, crowd-free and simple checkout mechanism. For example, McDonald's has a digital screen where ordering and payment options are done with a few clicks. 

Importance of Retail Merchandising

Strategic showcasing of products in retail merchandising is vital to maximize sales, draw in customers, and improve the shopping experience. Understand the importance of retail merchandising by the following points: 

1. Customer Fulfillment

Providing a satisfying experience is crucial as it naturally increases customer fulfillment. There should be easy selection, accessibility and clear signage for products. At the least, neatness and organized placement are necessary in stores to ensure comfort for customers. Zara for example, keeps up with the trends in the clothing market, it focuses on freshness and timeliness delivery of products to its customers in stores.

2. Stock Control

Maintaining inventory is essential for avoiding an overload of product stocks or minimizing out-of-stock scenarios. Expanding store space for products in an organized manner affects customer engagement.  

3. Branding

Retail merchandising shapes the customer perspective of a brand and lights its identity. Effective merchandising can make the brand stand outside the crowd, reflecting the unique selling proposition. For instance, H&M systematically arranges its products, making them easily accessible and within a free-flow layout. All this merchandising assists H&M in promotion with a remarkable customer experience.

Importance of Visual Merchandising

Creating an in-store atmosphere boosting brand perception and drawing in customers through design and display are key elements of effective visual merchandising. Understand the importance of visual merchandising by the following points:

1.       Increase Sales

A visual presentation like a unique window display outside a retail store can gather attention from customers as it provides an overview of what to expect when inside the store. For example, the Adidas London flagship had a bold and innovative display using augmented reality, movable cables and a ‘Marley’ sneaker display to show sustainability and eye-catching storytelling, making a want to enter the store.

2.       Showcase Product Characteristics

Visual merchandising enables brands to showcase the key features, upgrades and other characteristics of their products that can interest customers. For example, Apple displays a digital screen on the entrance that explains the functions of the products so that it attracts customers.

3.       Connection with Customer

Visual merchandising involves displaying trends, seasonal products, new arrivals, and decorative interiors of the store, proper color palettes, and describing the history of the brand, all these contribute to building an emotional connection with customers.  

What are the Key Features of Retail Merchandising and Visual Merchandising?

Retail merchandising focuses on product selection, pricing, promotions, inventory, and displays, while visual merchandising emphasizes store design, lighting, layout, and branding. Know more with the mentioned pointers below:-

Retail Merchandising

• Product – There are certain ways in which a product can be displayed. Products should be kept at the eye-level shelf, positioned vertically, maintained quantity on the shelves, checked pricing on the shelf to match the product, and putting similar products together all these factors affect gathering the attention of consumers.
• Segmentation – Catering to designing and layouts of the store that bring attention to core products and division of product zones to manage traffic flow.
• Retail analysis - Trace sales, customer behavior and feedback to improve and adapt to the changes and trends.
• Visual Merchandising
• Brand Aesthetics – Window display, lighting, color palettes, and interiors of a retail store catering to amplify product presence, and make customers want to enter the store and spend more time.
• Signages – Innovative, seasonal, and trendy standing boards or digital screens can entice customers to have a look around the store, explore and gain brand knowledge.
• Customer flow – Navigation for effortless finding of different categories of products, segments, checkout counters and more so that there is less hustle for the customer, making them want to return to the store.  

Indian Retailer Overview:

Merchandising is vital for every retail brand in various aspects like branding, engaging customers, recognising brand identity and commerce. Differences between retail and visual merchandising are based on goal, focus, impact and role in branding. It is said that retail merchandising increases brand revenue by 23 percent! Window displays can increase traffic by 23 percent, 82 percent of eye-level shelves products are purchased, and customers spend 20 percent more time due to innovative visual displays. Both the type of merchandising retail as well as visual play specific roles in the growing process of a brand.

What are the main two types of visual merchandising?

Mannequins and signage are the top preferred types of visual merchandising.

What is the primary objective of retail merchandising?

The primary objective of retail merchandising is to entice and engage customers with creative and innovative merchandising.

What are the top two retail merchandising techniques?

Inventory management and product selection process are the top two retail merchandising

• merchandising

India’s furniture market is booming, and is mostly controlled by the unorganized sector. The local carpenters can copy designs at a fraction of the cost. In this labyrinth, there are a few home-grown furniture and décor brands that stand out from the crowd and beckon the customer with their alluring wares, which are of top-notch quality and design. Founded by Gaurav Jain in 2014, Orange Tree is the retail arm of the House of Basant, a brand that boasts a 25-year heritage of exquisite lighting and décor. With an extensive 9 lakh square feet state-of-the-art factory, Orange Tree today truly reflects global design excellence while emphasizing sustainability and meticulous craftsmanship. The company's journey from being a prominent exporter of high-quality furniture to international markets to establishing a strong presence in the Indian retail landscape showcases its commitment to quality, design, and innovation. Orange Tree aims to bridge the gap between global standards and local accessibility, offering Indian consumers an opportunity to experience world-class furniture and décor within their reach.

A Family Legacy

"We are a family of furniture," says Gaurav Jain, Founder, Orange Tree. "My father started the company, and Orange Tree is essentially an extension of the House of Basant, our family business. At Basant, we have been exporting furniture and making pieces for global brands. There was always this aspiration to provide the same quality of furniture to the Indian market. Some of my friends would visit the factory, see the furniture we were exporting, and always ask how they could get it. That's how Orange Tree came to be."

The brand prides itself for its in-house design capabilities. "We design, manufacture, and now also sell directly to consumers," Jain explains. "At Orange Tree, we have a separate vertical for designing lighting, décor, and furniture. All the designs you see at here are created by our in-house team, though we do collaborate as well with brands such as Doodlage and Muse Mart."

Commitment to Innovation

One of the recent collaborations with the Raw Collaborative (design exhibition platform) was a testament to Orange Tree's commitment to innovative design. "Design is something I am very passionate about," says Jain. "Whenever I have the chance to meet creative people, I try to engage in any way I can. For instance, our collaboration with Muse Mart was an enriching experience."

Orange Tree stands out in the competitive Indian market by focusing on quality and unique design. Jain believes that there is still a lot of room for growth and improvement in the Indian furniture market. "India is a vast market with 1.5 billion people. When you think of furniture or home space brands, there aren't many that come to mind. There are some local brands doing good work, but on a national level, there is still much potential. We aim to fill that gap with our young and vibrant design ethos."

Inspiration and Design Process

The design process is driven by global trends and local inspirations. "We don't follow trends religiously," Jain says. "Our biggest inspiration comes from travel and meeting people. For instance, one of our design team members recently visited Ladakh and saw some beautiful textiles. Now, we're working on a collection inspired by those fabrics and techniques. We combine customer feedback with our design team's inspirations to create our collections."

Customization is another key aspect of Orange Tree's offerings. "We do customize for projects, and customers can choose from various fabric options, finishes, and sizes," Jain explains. "Our sales team listens to customer needs, and we use that data to form our designs. For example, we've noticed a growing demand for bar cabinets, so we are working on incorporating that into our SKUs."

As of now, Orange Tree has three operational stores in Bangalore, Jodhpur, and Hyderabad. "By October, we plan to have five more stores," Jain shares. "Selecting the right location and partner to manage the store is crucial. We take a step-by-step approach, ensuring we have the right people and location before expanding."

While the brand started as an online player, physical stores have provided valuable insights. "Online and physical stores cater to different customers," Jain explains. "Having a physical presence allows customers to touch and feel the products, leading to valuable conversations and feedback that help us improve our products."

Despite facing challenges like logistics and building trust as a young brand, Orange Tree has continued to grow. "Shipping heavy furniture was a major challenge initially, and building trust was another. But as we grew, word spread, and those challenges became less significant. Our current challenge is meeting the high expectations of our customers and delivering products quickly," says Jain.

Embracing Technology

Technology plays a significant role in Orange Tree's operations, with a mix of handcrafted and mechanical processes. "We use a mix of manual and mechanical processes depending on the product," Jain explains. "For instance, some of our recent collections required manual weaving, so we hired local artisans. For more straightforward products like dining tables, we use mechanical processes."

Looking ahead, Jain sees sustainability as a major trend. "Globally and in India, consumers are becoming more conscious about sustainability. They want to know how the product is made and whether the process is sustainable. At Orange Tree, we focus on sustainable materials and processes, aiming to create timeless pieces that bring nature into homes."

As for the future of the brand, Jain is optimistic but focused on quality over rapid expansion. "We hit our highest sales last month, which is encouraging," he shares. "However, we are not pressured by numbers. Our goal is to create beautiful products and provide a great customer experience. We are privately held and haven't raised money, so we are not answerable to investors. This allows us to focus on doing things right and ironing out challenges. Growth will follow naturally."

The brand is poised for a bright future, driven by its commitment to design excellence, sustainability, and customer satisfaction. As Gaurav Jain aptly puts it, "We are growing, and we are happy. Our focus is on bringing beautiful products and providing a great experience to our customers. Everything else will follow."

• Furniture brand
• Furniture market
• Home decor & furnishing
• lighting industry

In 2024, the Indian smart TV market is poised for impressive growth, with an expected annual increase of 12.4% and a market valuation reaching ₹35,000 crores. With this rapid expansion, selecting the right smart TV brand becomes crucial. To simplify this process, we’ve compiled a list of the top 10 smart TV brands in India for 2024. This guide focuses on providing detailed brand overviews, including brand history, parent companies, and associated brands. Whether you’re a retailer, entrepreneur, or consumer, understanding these key aspects will help you make informed choices in the bustling smart TV market.

To 10 Best Smart Tv in Brands in India

Here are the top 10 smart TV brands in India to help you make the right choice. 

Samsung , a South Korean multinational conglomerate, is renowned for its innovation in technology. Founded in 1938 by Lee Byung-chul, Samsung ventured into the electronics industry in the late 1960s and has since become a leading smart TV brand globally. Samsung has been the world's largest smartphone manufacturer since 2011 and operates Samsung Experience Store retail locations worldwide. These stores primarily showcase Samsung Galaxy devices, along with other Samsung-owned brands. In India, Samsung smart TVs are marketed by Samsung India Electronics and are available through numerous outlets across the country. Bollywood actor Shah Rukh Khan currently represents the brand as its ambassador. Known for their vibrant displays, sleek designs, and advanced Tizen OS, Samsung smart TVs in India start at a price range of ₹30,000.

Earlier in News: Daewoo Launches Smart LED TVs to Elevate Home Entertainment Experience

LG Electronics , a prominent South Korean company, has been a significant force in the smart TV market. Founded in 1958 as Lak-Hui (pronounced ‘Lucky’), the company rebranded to LG Electronics in 1995. Known for its innovations in display technology, LG excels with OLED and NanoCell. LG previously had joint ventures with Royal Philips Electronics, including LG Philips Display and LG Philips LCD. Philips sold its shares in these ventures in late 2008.

In India, LG smart TVs are marketed by LG Electronics India, which operates numerous showrooms nationwide. Bollywood actress Deepika Padukone is the current brand ambassador. LG smart TVs feature AI ThinQ and WebOS, offering advanced functionality. Prices for these models start around ₹35,000.

Sony Corporation , a Japanese multinational, has been a leader in consumer electronics since its founding in 1946 by Masaru Ibuka and Akio Morita. Renowned for its high-quality audio and visual products, Sony is a major player in the smart TV market. In 2023, Sony was ranked 57th in the Forbes Global 2000. The company is also recognized as the world's largest player in the premium TV market for models of at least 55 inches priced over $2,500. Additionally, it is the second-largest TV brand by market share and, as of 2020, the third-largest television manufacturer globally by annual sales figures.

In India, Sony smart TVs are marketed by Sony India and are available through various electronic stores nationwide. Indian cricketer Virat Kohli serves as the brand’s ambassador. Sony smart TVs are praised for their superior picture quality and advanced features like TRILUMINOS Display and Android TV. Prices for Sony smart TVs start at approximately ₹40,000.

Xiaomi , a Chinese electronics company, has made significant strides in the Indian smart TV market since its debut in 2018. Founded in 2010 by Lei Jun, Xiaomi is known for offering affordable yet high-quality electronics. The company is ranked 338th on the Fortune Global 500 and is noted as the youngest company on the list. Xiaomi keeps its prices close to manufacturing costs by maintaining most products in the market for about 18 months and using inventory optimization along with flash sales to manage stock. In India, Xiaomi smart TVs are marketed by Xiaomi India, which operates over 5,000 outlets across the country. Bollywood actor Ranveer Singh is the brand’s current ambassador. Xiaomi smart TVs feature MIUI TV and are competitively priced, starting around ₹25,000.

TCL , a leading Chinese electronics manufacturer, has made a significant impact in the Indian smart TV market. Founded in 1981, TCL (The Creative Life) was the world's 25th-largest consumer electronics producer in 2010 and became the second-largest television manufacturer by market share by 2019. On February 7, 2020, the company rebranded as TCL Technology. It operates through divisions in TV sets, cell phones, home appliances, and semiconductor displays, and has four affiliated business areas

including real estate and finance. In India, TCL smart TVs are marketed by TCL India and available in numerous electronic retail stores. Known for their high-quality displays and smart features like Android TV, TCL smart TVs start from ₹28,000.

6. Panasonic

Panasonic - Panasonic Corporation, a Japanese multinational, has been delivering high-quality electronic products since its founding in 1918 by Kōnosuke Matsushita. Originally known as Matsushita Electric Housewares Manufacturing Works, the company was incorporated in 1935 as Matsushita Electric Industrial Co., Ltd. It was renamed Panasonic Corporation in 2008 and became a holding company in 2022. Panasonic is listed on the Tokyo Stock Exchange and is part of the Nikkei 225 and TOPIX 100 indices, with a secondary listing on the Nagoya Stock Exchange.

In India, Panasonic smart TVs are marketed by Panasonic India and are available in various electronic retail stores. Bollywood actor Hrithik Roshan is the current brand ambassador. Panasonic smart TVs feature technologies like My Home Screen and are priced from around ₹32,000. The brand is well-regarded for its durability and innovative features.

OnePlus - OnePlus Technology (Shenzhen) Co., Ltd., doing business as OnePlus, is a Chinese consumer electronics manufacturer headquartered in Shenzhen, Guangdong, China. It is a subsidiary of Oppo. OnePlus, founded in 2013 by Pete Lau and Carl Pei, has made a notable impact in the smart TV segment with its premium offerings. Known for its high-performance smartphones, OnePlus has expanded into smart TVs with impressive specifications.

In India, OnePlus smart TVs are marketed by OnePlus India, and the brand is represented by Bollywood actor Yami Gautam. The smart TVs feature OxygenPlay and start at around ₹30,000. OnePlus is celebrated for its sleek design and high-performance features.

Philips is a Dutch multinational corporation with a long history of innovation in consumer electronics. Founded in 1891 in Eindhoven, the company moved its headquarters to Amsterdam in 1997. However, its Benelux headquarters remain in Eindhoven. Philips was once a major player in consumer electronics but now focuses on health technology.

In India, Philips smart TVs are marketed by Philips India and endorsed by Indian cricketer MS Dhoni. Known for its Ambilight technology and Android TV features, Philips smart TVs are priced from around ₹27,000. The brand is celebrated for its innovative display technologies and user-friendly interfaces.

Sharp - Sharp Corporation, a Japanese electronics company, was founded in 1912 by Tokuji Hayakawa in Honjo, Tokyo. It was initially established as Hayakawa Metal Works Institute in Abeno, Osaka, in 1924. The company is headquartered in Sakai, Osaka. Since 2016, Sharp has been majority-owned by Taiwan-based Foxconn (Hon Hai Precision Industry Co., Ltd.). Sharp's net sales reached 2.55 trillion yen in the fiscal year 2022 (ending 29 February 2024), a slight increase from 2.5 trillion yen the previous year. While Sharp was once known for its mass-marketed electronics, it ventured into the high-end stereo market in 1976 with high-end receivers, amplifiers, speakers, turntables, and cassette recorders.

In India, Sharp smart TVs are marketed by Sharp India. The brand does not have a notable celebrity ambassador in the country. Sharp smart TVs feature technologies like AQUOS and Android TV, with prices starting at ₹35,000. The brand is recognized for its reliable technology and advanced display features.

Haier, a Chinese multinational founded in 1984 by Zhang Ruimin, is headquartered in Qingdao, Shandong. The company designs, develops, manufactures, and sells a range of products, including refrigerators, air conditioners, washing machines, dryers, microwave ovens, mobile phones, computers, and televisions. Haier operates seven global brands in the home appliances sector: Haier, Casarte, Leader, GE Appliances, Fisher & Paykel, Aqua, and Candy. According to data from Euromonitor, Haier was the number one global brand in major appliances for 10 consecutive years from 2009 to 2018.

In India, Haier has made a strong entry into the smart TV market with competitive offerings. Haier smart TVs are marketed by Haier India and are represented by Bollywood actor Akshay Kumar. These smart TVs come with features like Android TV and are priced from around ₹24,000. Haier is known for its affordability and reliable performance.

Indian Retailers Angle

The smart TV market in India is booming, with projections indicating a 12.4% annual growth rate, reaching around ₹35,000 crores by the end of 2024. This surge is driven by increasing consumer demand for advanced features and technologies. For retailers, entrepreneurs, and industry professionals, understanding the top 10 smart TV brands in India is crucial. This list highlights the best options available, offering insights into features, pricing, and market presence. Staying informed about these brands will help you make informed decisions and remain competitive in the evolving retail landscape.

FAQ on Best Smart TV Brands

Which brand is best for smart TVs? The list starts with Sony followed by Samsung and LG.

Which is better 4K, QLED or OLED? QLED is preferred the most in the market due to brighter picture quality as compared to OLED and 4K resolutions.

What is the preferred smart TV size? As per the analysis, 65-85 inches are the most sole and popular choice in the market.  

• Samsung Electronics
• LG Electronics

Brandy is becoming Trendy in the Indian market. Brandy is a liquor based on the wine distillation process. Having a PV of 35-60%, 70-120 US proof, brandy is often served as a digestive . India is a large producer and consumer of spirits in the international context as measured by volume. India is gradually metabolizing the alcohol culture into its society. That is due to the increasing number of outlets, including bars. It is also safe to assume that the cost of brandy has elevated having regard to the preceding few years. Therefore, let me post the following to discover what brandy brands are the best in India, including the prices.

Another reason why brandy is popular is the great many of the brands and their types; Armagnac, Cognac, Pomace, Calvados, the American brandy, South-American Pisco, Spanish, Armenian, South-African, German, Turkey, Cyprus, Russian, and many others for tasting . Here are a few exciting pieces about brandy in general as well.

Best Brandy Brands at a Glance

Here we have a list of the top 10 best brandy brands in India so that you can have a taste of the best spirit in the Indian Market.

1. Morpheus

It was particularly introduced in India in the early 2010s, but it has quickly gained supremacy of quality, for Radico Khaitan, one of the largest spirits manufacturers in India and one of the world's leading spirits companies. Morpheus - premium quality, exceptional taste. With 5 gold medals at the prestigious Monde Selection, This brandy features rich, resonating notes of dried fruits, vanilla and spices with an Intoxicating and complex aroma.

• ABV: 42.8 percent

  (Price list 2024) This is the MRP set by the state government and can be different in each state

2. Remy Martin

A branch of the ancient heritage found in France, Remy Martin practices a custom dating to the 19th century and the name is derived from its founder’s name. In the case of India, Remy Martin is referred to as a distinguished imported brandy. Furthermore, it is a product that is very attractive to connoisseurs who are looking for a luxury kind of drinking experience. It offers a smooth, velvety taste with subtle fruit and oak notes. The aroma is elegant and refined.

• ABV: 40 percent 

(Price list 2024) This is the MRP set by the state government and can be different in each state

3. Old Admiral

Old Admiral Brandy started relatively in the early 20th century in India and has gained the loyalty of Indian brandy consumers. Old Admiral Brandy is produced by one of India’s well-known alcohol makers, Radico Khaitan and is appreciated on account of its heavy body and rich taste. Old Admiral is gradually penetrating the urban as well as the rural markets due to its superior quality at reasonable prices. Another known brandy has a sharp, spicy taste, part of its flavour being a fruity tone.

4. Bootz Authentic Dutch Grape

The Bootz range originated in Holland and for generations, the boots have been made in that tradition. Bootz Authentic Dutch Brandy is made from the Dutch and this brand is recognized from the country through importation. It provides the drink with a rich and creamy flavor that has the notes of caramel and spice.

• ABV: 38 percent

5. Mont Castle French Grape

Mont Castle, which established its roots in France, is a classic embodiment of the French implications in winemaking. Mont Castle French Grape Brandy comprises its French grape base that is both unique and has an exceptional flavor profile it features a complex flavor with notes of ripe grapes, vanilla, and spices. The aroma is fruity and floral, with a hint of oak.

• ABV: 40 percent

6. Hennessy

Hennessy Brandy is known for its smooth taste and affordability. It originates from France, named after surname of founder Richard Hennessy, has been a popular choice among consumers seeking quality. It offers a balanced flavor with subtle hints of fruit and spices. The aroma is mild and pleasant. Hennessy is favoured in urban markets for its high price point which offers a smooth drinking experience.

7. Golden Grapes

Golden Grapes has been a trusted name in the Indian market for several years, known for its consistent quality. Produced by Golden Grape Wines, Golden Grapes Brandy is known for its smoothness and it offers a smooth, mellow taste with hints of fruit and spice. The aroma is light and pleasant. Golden Grapes is popular in both urban and rural areas.

8. McDowell’s No. 1

Launched in 1963 in India, McDowell’s No. 1 began its journey in Bangalore and has a long history with the creation of it there. The brand is named after the founder, Angus McDowell. The brand not only has domestic but international exposure as well. It has become the brand of celebrations and deep friendships in the entire country. McDowell's No. 1 is the main brand of United Spirits Limited, which is a Diageo group company. It is the number one selling and the most demanded brandy in India. Now it’s not strange to find the term “the market leader in the Indian brandy segment” being used, indeed its sales and customer base are very strong. This brandy is known for its smooth, full-bodied flavor with hints of fruit and oak. The aroma is inviting, with notes of vanilla and spice.

9. Honey Bee

Introduced in the 1960s in India, Honey Bee is one of the other chief brands belonging to the mighty United Spirits Limited. Honey Bee easily became very popular for its good flavor and affordable price. This type of brandy has a sweet, honey-like flavor profile with clever winks such as wood and spice. Honey Bee ranks first no matter where it is in South India, which makes it the best choice for economy-minded consumers.

10. Courrier Napoleon

With roots in the mid-20th century in India, Courrier Napoleon Brandy has always been a preferred choice of Indian customers. By Jagatjit Industries, Courrier Napoleon Brandy is a catalyst for the price of it is known for its bold taste and low price. The name pays homage to Napoleon Bonaparte, evoking a sense of grandeur and boldness associated with the historic figure. It has a pleasant, creamy flavor of caramel and is quite spicy. The smell is very faint and nice, with excellent wood notes. It remains to be a mid-segment brand that is a customer's choice for its unmatched quality and relatively low price.

At IndianRetailer, we have made this list top 10 best brandy brands in India offering a fascinating glimpse into the diversity and richness of the brandy market. Whether interested in the brand’s historical background or curious about the taste of these brands had something for every brandy fan. Cheers to discovering your next favourite brandy!

FAQs on Best Brandy Brands

1. What type of alcohol is brandy?

brandy, an alcoholic beverage distilled from wine or a fermented fruit mash. The term used alone generally refers to the grape product; brandies made from the wines or fermented mashes of other fruits are commonly identified by the specific fruit name.

2. Is brandy a beer or wine?

Brandy is distilled wine and the concentration of alcohol in Brandy is around 35% to 60%. Brandy slows down ageing, improves cold and cough, and reduces the risk of heart diseases.

3. What is special about brandy?

Wine brandy is produced from a variety of grape cultivars. A special selection of cultivars, providing distinct aroma and character, is used for high-quality brandies, while cheaper ones are made from whichever wine is available.

4. Who first made brandy?

Brandy began to be distilled in France circa 1313, but it was prepared only as a medicine and was considered as possessing such marvelous strengthening and sanitary powers that the physicians named it “the water of life,” (l'eau de vie) a name it still retains.

5. What does VSOP mean?

VSOP, “Very Superior Old Pale”, which is now common for all Cognac Houses actually dates back to the 1817 British Royal Court. So, what does VSOP stand for exactly? For a cognac to be classified as a VSOP, the minimum age of the youngest eau-de-vie in the blend must be at least 4 years old.

• Consumer Demand

In July 2023, Beyond Snack, a pioneering brand in the banana chip industry, received a substantial funding boost of 3.5 million euros. This financial injection has catalyzed the company’s ambitious expansion plans, both within India and internationally. Manas Madhu, Co-founder, Beyond Snack, shares insights into the company's new factory, strategic growth plans, and innovative approaches that distinguish their products in a competitive market.

New Factory and Increased Capacity

The establishment of a new factory in Tumkur, Karnataka, marks a significant milestone for Beyond Snack. This location, just two hours from Bangalore Airport, offers logistical advantages that streamline operations and reduce shipping times. Madhu explains, "One of the primary reasons for choosing Tumkur was its logistical advantage. Consignments coming from Kerala save us a couple of days in transit, and sourcing raw materials from Tamil Nadu and Karnataka adds additional value."

Currently, the factory has a capacity of 200 tons per month, which can be expanded to 600-800 tons in the coming years. This increased capacity is pivotal for meeting the growing demand for Beyond Snack's products. "This plant is spearheading our entire growth plan. All our expansion efforts, both in India and globally, will be driven from this plant," Madhu emphasizes.

Domestic and Global Expansion

Beyond Snack initially had a strong presence in the Maharashtra region. However, post-funding, the company has expanded significantly into northern India, including Punjab, Delhi, and Uttar Pradesh. Madhu elaborates, "We have expanded into the eastern side as well and are slowly moving into the southern regions. We aim to establish ourselves as a national brand in banana chips."

However, the brand is not just focused on domestic growth. The company already has a presence in 15 countries, including the US, UK, Sweden, Singapore, Australia, New Zealand, and Canada. "Currently, the consumption in these countries is primarily from the Indian diaspora. Our goal is to go beyond that," says Madhu. The initial global expansion will target Western countries and the Middle East, with a strategic approach driven by the company's vision rather than market demand alone.

Distribution Strategy

The distribution strategy of Beyond Snack is multifaceted, involving general trade (GT), modern trade, quick commerce, and e-commerce. The pandemic initially pushed the company towards e-commerce, but they have since made significant inroads into the general trade market. "We launched our product right before the pandemic, which forced us to focus on e-commerce. However, we have substantially penetrated the general trade market in the last two years, especially post-funding," explains Madhu.

Currently, Beyond Snack products are available in over 14,000 outlets across India. The focus on GT will continue to grow, ensuring the brand’s presence is widespread and easily accessible to consumers.

Product Differentiation

Beyond Snack aims to dominate the banana chip category through continuous innovation. "Our objective is to grow this category and be number one in it. Banana chips never got the attention they deserved until Beyond Snack," Madhu states. The company has introduced several meaningful innovations, including flavor variations and format changes, such as the crinkle-cut style banana chips.

One of the standout innovations is the use of coconut oil for cooking the chips. While traditionally, banana chips have been cooked in coconut oil, Beyond Snack has refined this process to enhance quality and health benefits. Madhu explains, "Coconut oil in its crude format does not have a high smoking point, which is essential for deep frying. We spent eight months developing a refined coconut oil suitable for cooking banana chips, ensuring it retains all its health benefits without the overpowering smell."

Technological Advancements

Beyond Snack has integrated technology at various stages of production to maintain high quality and consistency. From raw material standardization to precise slicing and cooking processes, the company leverages technology to enhance efficiency. "The traditional method of making banana chips is outdated. We have brought in technological advancements at every stage to ensure our product stands out," says Madhu.

Sustainability is a core principle for Beyond Snack. The company sources its raw materials directly from farmers or farmer groups, ensuring fair practices and quality control. "We are working closely with farmers to implement better farming practices and technologies to improve crop quality. This is an area we plan to expand significantly in the coming years," notes Madhu.

Future Plans

Looking ahead, Beyond Snack aims to become a global brand originating from India. "Our vision is to have Beyond Snack products on retail shelves worldwide. We want to build a brand from India that has a global presence," Madhu asserts. The company is focused on making Kerala, the banana chip capital of the world, synonymous with Beyond Snack's high-quality, innovative products.

• retail expansion overseas

The global economic environment in FY24 has been marked by significant challenges, including the ongoing conflict in Ukraine, rising inflation, tightening monetary policies, and disrupted global supply chains. Amid these headwinds, the Indian economy has demonstrated remarkable resilience, growing at an impressive rate of 7.6 percent in FY24. This growth is driven by robust government spending on infrastructure, growing private consumption, and a resilient services sector. This decoupling of India’s growth from global trends underscores the dynamism and potential of the Indian consumer market.

Indian economic growth in FY24 has remained strong in the face of global economic crises, driven by strong domestic demand for premium products and services, such as leisure travel. The IMF revised global growth forecasts downwards to 3.2 percent, due to factors such as the ongoing conflict in Ukraine, rising inflation, and tightening of monetary policies. These events have created a cautious consumer environment globally. However, India remained a bright spot amid these economic challenges. Per the Second Advance Estimates (SAE), the Indian economy grew at 7.6 percent in FY24. This growth was propelled by government spending on infrastructure and a resilient services sector. This growth decoupling highlights the inherent dynamism within the Indian consumer market.

To gain deeper insights into these trends, we turned to Praveen Govindu, Partner, Deloitte India, who shed light on the future of malls, the rise of value-conscious spending, and the potential of omnichannel retail.

The Future of Malls in India

The COVID-19 pandemic significantly altered consumer behaviors, leading to the rise of e-commerce. However, physical retail spaces, particularly malls, continue to hold relevance in the Indian market. Praveen Govindu emphasizes the importance of malls, stating, "Malls will continue to stay relevant, and my sense is they'll actually be even more relevant than probably pre-pandemic times."

Post-pandemic, consumers exhibit a strong desire to engage socially and experience out-of-home activities. Malls have become hubs for these interactions, offering not just products but also experiences and emotional connections. Govindu notes, "Successful brands are investing in delivering customer delight, which is a mix of product experience and storytelling." This evolution highlights that the role of malls extends beyond mere shopping to creating a holistic customer experience.

Moreover, the omnichannel approach, which integrates online and offline shopping experiences, is gaining traction. "Malls are great opportunities to enable those omnichannel journeys," Govindu explains, pointing out that consumers often research products online and make purchases offline, or vice versa. This seamless integration enhances the relevance of malls in the modern retail landscape.

Different Retail Channels in FY24

In FY24, the Indian retail landscape witnessed a significant shift in consumer preferences and channel performance. Various retail formats, including Exclusive Brand Outlets (EBOs), Multi-Brand Outlets (MBOs), Large Format Retail (LFR), e-commerce, and Direct-to-Consumer (D2C) online websites/apps, have experienced diverse growth trajectories across different segments.

Exclusive Brand Outlets

Exclusive Brand Outlets (EBOs) have shown significant growth in FY24, driven by strategic expansions and consumer demand for specialized shopping experiences. In FY24, Page Industries grew its retail footprint with more than 90 new EBOs, while Titan’s jewelry brands launched more than 170 new stores. In addition, Titan’s watch brands added 115 stores and Taneira added 32 stores. Tanishq experienced a like-for-like sales increase of 15 percent, Caratlane saw a growth of 6 percent, and Titan World saw a 5 percent growth. Aditya Birla Fashion & Retail Limited launched 700 new stores between Q4 of FY23 and Q4 of FY24, reaching a total of 4,247 stores. Further, premium and designer wear brands, such as Jaypore, Shantanu & Nikhil, and Masaba together added 7–8 new stores in this FY. The strong brand loyalty built by EBOs and targeted marketing initiatives has bolstered foot traffic and sales. Innovations, such as digital receipts and omni-channel deliveries, have enhanced the shopping experience, leading to better consumer engagement.

Multi-Brand Outlets

Multi-Brand Outlets (MBOs) have also performed well, particularly in the fashion and apparel sector. In FY24, Metro Brands saw a growth in standalone net profit, rising by 18.02 percent to INR 417.81 crore. In addition, the brand registered an 11.29 percent increase in revenue from operations, reaching INR 2,305 crore in FY24 compared with FY23. It added 97 stores (covering 19 new cities in FY24) across all formats during the year. Aditya Birla Fashion’s MBO network grew by 3,500 to surpass 37,000 stores in FY24. To address the challenges posed by EBOs and e-commerce channels, MBOs have adapted to changing times by continuously enhancing customer experience and service. These outlets have included free home deliveries, festive discounts, and seamless returns and exchanges. MBOs have evolved into a product discovery platform for the largest brands by forming exclusive partnerships with brands to run store-in-store initiatives and hosting brand In-store Promoters (ISPs).

The Rise of Value Retail

The pandemic also influenced spending patterns, with a notable rise in value-conscious spending. Govindu outlines the shift, explaining that post-pandemic, premium and luxury segments experienced significant growth as consumers indulged in high-end purchases. However, this trend has waned, making way for the resurgence of the value segment.

"The larger economies are reviving, and the rural economy, tier-two markets, and tier-three markets have also come out of the impact of COVID to a large extent," Govindu observes. This shift is driving growth in the value segment, with brands like Yousta, Zudio, and others rapidly expanding their presence. These brands are tapping into the aspirations of consumers in smaller cities and towns, where disposable income is rising, and the availability of products was previously limited.

Govindu further highlights, "Retail brands are opening exclusive outlets deep in tier-two and tier-three markets, and they're doing pretty well." This trend underscores the importance of accessibility and availability in driving retail growth in non-metro areas.

The Enduring Relevance of Kiranas

In the context of Indian retail, the role of kirana stores remains pivotal. Despite the proliferation of modern retail formats, kiranas continue to thrive due to their deep-rooted relationships with local communities. Govindu asserts, "You can't replace a kirana in the India market so easily," emphasizing the personalized service and trust these stores offer.

However, to stay relevant, kiranas must embrace digital transformation. Large companies are investing in modernizing kirana outlets by integrating digital payment systems, inventory management platforms, and connecting them with distributors. This transformation enables kiranas to cater to evolving consumer needs while retaining their unique strengths.

The Promise of Omnichannel Retail

Omnichannel retail is no longer a buzzword but a necessity in the Indian market. Consumers seamlessly move between online and offline channels, expecting a unified and consistent experience. "From a customer standpoint, there is nothing called omnichannel; everything is a channel of engagement," Govindu states.

The challenge for retailers lies in integrating these channels effectively. This involves managing costs, optimizing operating models, and resolving conflicts such as pricing discrepancies. The franchisee ecosystem in India adds complexity, as independent business owners must align with the brand's omnichannel strategy.

Govindu emphasizes the importance of investing in the right operating model, stating, "Companies need to invest in the right operating model when it comes to omnichannel to really succeed with this new customer segment." This includes addressing technological investments, profit-sharing mechanisms, and maintaining a consistent customer experience across all touchpoints.

Economic Expectations and Challenges for FY25

GDP growth is predicted at 7.0 percent for FY25, as markets adapt to geopolitical uncertainties. The global economy is expected to rebound in 2025, as central banks anticipate rate cuts. This recovery is expected to boost India’s private investment and export sectors. The anticipated growth in GDP over the next few years is expected to be primarily driven by Total Factor Productivity (TFP), supported by an increase in labor growth contribution (despite a smaller one) and a modest increase in capital accumulation.

This forecast suggests a shift towards efficiency-driven economic expansion, where advancements in technology, innovation, and skill development play a significant role in enhancing productivity. TFP represents the efficiency of all inputs combined. However, the emphasis on labor and capital highlights the importance of human capital development and strategic investment in physical infrastructure to ensure sustained economic progress.

Despite growth projections, inflation remains a concern, exacerbated by demand exceeding supply and higher food prices. However, as private investment improves supply-side capabilities, inflationary pressures are expected to ease below the RBI's 4 percent target all through the forecast period. India’s shift towards aspirational spending is a natural outcome of economic growth. However, managing the associated risks of rising inflation is crucial to maintaining economic stability and ensuring sustainable growth.

In the dynamic landscape of Fast-Moving Consumer Goods (FMCG) , companies face unique challenges when trying to implement unified commerce, primarily due to the lack of direct control over retail front-end operations. Sanjay Singal, the Chief Operating Officer for Dairy & Beverages at ITC Ltd., shared valuable insights on ITC's journey and strategies in embracing unified commerce during IReC X D2C Summit 2024 .

Unified Commerce vs. Omnichannel: A Critical Distinction

Unified commerce goes beyond the omnichannel approach by integrating all systems, databases, and processes to provide a seamless consumer experience across both digital and physical platforms. For traditional FMCG players like ITC, this integration is particularly challenging due to the fragmented nature of retail outlets, which often lack automation and operate on cash transactions. Singal emphasizes that while omnichannel ensures a consistent customer experience across different touchpoints, unified commerce aims to unify the entire backend to maintain a single, coherent view of the consumer.

ITC's Initiatives in Digital Transformation

Despite these challenges, ITC has made significant strides in digital transformation, particularly post-COVID. The pandemic underscored the importance of digital channels, leading ITC to launch the ITC e-Store. This platform aims to offer the entire range of ITC products, including new launches that typically face distribution challenges. Additionally, ITC ventured into the food tech space with three Direct-to-Consumer (DTC) brands in Bengaluru and Chennai: Aashirvaad Soul Creations, Sunfeast Baked Creations, and ITC MasterChef.

“These initiatives allowed us to understand and excel in the D2C space, leveraging real-time feedback and ratings to continually improve our offerings. The success of these ventures has provided ITC with valuable lessons on managing consumer experiences directly, despite the inherent challenges of the FMCG sector,” said Singal.

Leveraging Consumer Insights and Data

One of the primary benefits of unified commerce for FMCG companies is the ability to gather real-time consumer insights. Traditionally, FMCG brands relied heavily on mass distribution and broad advertising campaigns. However, with the rise of modern trade, e-commerce, and quick commerce, companies like ITC can now gain detailed insights into consumer behavior. Singal cites examples of how consumer data helps ITC understand purchasing patterns, such as why a consumer buys a pack of six coconut water bottles online but only a single bottle in a retail shop.

ITC has also focused on building a robust consumer data hub, which now holds data on approximately 4 to 5 crore consumers. This database allows ITC to retarget campaigns effectively and run lookalike campaigns, significantly improving conversion rates and reducing costs.

Challenges in Unified Commerce

Despite these advancements, significant challenges remain. Data integration is a major hurdle, as legacy systems and disparate databases complicate the creation of a unified consumer view. Additionally, the reliance on third-party data is becoming increasingly difficult, pushing FMCG companies to prioritize first-party data collection. Singal highlights the importance of value exchange in this context, where consumers are more willing to share data if they receive something valuable in return, such as nutritional advice.

Another critical challenge is ensuring a consistent consumer experience across various channels. Channel conflicts often arise due to differing costs and pricing strategies across modern trade, quick commerce, and traditional retail. Finding a balance that provides a uniform consumer experience while managing operational costs is a delicate task.

READ MORE:  The Evolution of Retail: Embracing Omnichannel Strategies

Practical Applications and Future Directions

To illustrate the practical application of unified commerce, Singal shares the example of ITC's Aashirvaad brand. ITC has segmented the Atta category to cater to evolving consumer health needs. Through digital marketing, the company engages consumers at multiple touchpoints, from initial discovery via advertisements to personalized offerings like Namma Chakki, which allows consumers to order customized, freshly ground Atta blends.

Moving forward, ITC aims to enhance its consumer data hub to create a more interactive system that not only gathers data but also actively engages with consumers to provide real-time feedback. This shift towards a more dynamic and integrated approach will help ITC better understand and respond to consumer preferences, ensuring a more personalized and consistent experience.

In conclusion, while unified commerce presents significant challenges for FMCG companies, ITC's innovative strategies and focus on digital transformation provide a roadmap for leveraging this approach to enhance consumer experiences and drive growth. By integrating systems, gathering real-time insights, and maintaining a consistent brand experience across all touchpoints, FMCG players can successfully navigate the complexities of unified commerce.

• Food & Grocery

The fast-moving consumer goods (FMCG) sector is poised for a notable revenue increase of 7-9 percent this fiscal year, driven by higher volume growth. This positive outlook is bolstered by an expected revival in rural demand and stable urban demand. This growth projection follows an estimated 5-7 percent increase in the previous fiscal year of 2024.

Product realizations are anticipated to grow in the low single digits, primarily due to a marginal rise in the prices of key raw materials for the food and beverages (F&B) segment. However, the prices of raw materials for the personal care (PC) and home care (HC) segments are expected to remain stable. The combination of increasing premiumization and volume growth is projected to expand the operating margin by 50-75 basis points, reaching 20- 21 percent. However, this margin expansion is tempered by rising selling and marketing expenses amidst heightened competition from both organized and unorganized players.

A comprehensive study by CRISIL Ratings, encompassing 77 FMCG companies that represented about one-third of the estimated Rs 5.6 lakh crore sector revenue last fiscal year, supports this optimistic outlook. The F&B segment accounts for nearly half of the sector’s revenue, while the PC and HC segments each constitute a quarter.

Rural Demand

Aditya Jhaver, Director of CRISIL Ratings, remarked, “We expect volume growth of 6-7 percent in fiscal 2025 from the rural consumers (~40 percent of overall revenue), supported by expectation of better monsoon benefitting agricultural production, and hike in minimum support price supporting farm incomes. Higher government spending on rural infrastructure, primarily through Pradhan Mantri Awaas Yojana-Grameen (PMAY-G) for affordable houses, will aid higher savings in rural India, supporting their ability to spend more.”

Conversely, volume growth from urban consumers is expected to remain steady at approximately 7-8 percent during fiscal 2025. This steady growth is supported by rising disposable incomes and a continued focus on premium offerings by FMCG players, particularly in the personal care and home care segments.

Modest Realisation Growth

Revenue growth for the sector will also be supported by modest realization growth of 1-2 percent, mainly due to a slight increase in the prices of some key F&B raw materials, including sugar, wheat, edible oil, and milk. Prices for most crude-based products, such as linear alkyl benzene and high-density polyethylene packaging, are expected to remain rangebound. The emphasis on enhancing premium product offerings, particularly in the F&B and PC segments, will further support realizations.

Segment-Wise Growth Projections

Rabindra Verma, Associate Director of CRISIL Ratings, elaborated, “Revenue growth will vary across product segments and firms. The F&B segment is expected to grow 8-9 percent this fiscal, aided by improving rural demand, while the personal care segment will grow 6-7 percent. The home care segment, which outpaced the other two segments last fiscal, is expected to grow 8-9 percent this fiscal, led by continued premiumisation push and steady urban demand.”

Stable Credit Profiles

The credit profiles of CRISIL Ratings-rated FMCG companies are expected to remain stable, underpinned by their healthy cash-generating ability, strong balance sheets, and substantial liquid surpluses. These companies will continue to pursue inorganic growth opportunities, particularly small to mid-sized acquisitions, to expand their product offerings in fast-growing premium segments targeting higher-income groups.

Monitoring Rural Economy and Input Prices

In this optimistic scenario, the sustained improvement in the rural economy, which heavily depends on monsoon patterns and farm incomes, will be crucial for maintaining steady and balanced demand. Additionally, the extent of input price fluctuations and competitive intensity within the sector will be closely monitored.

The FMCG sector is set for a robust growth trajectory this fiscal year, buoyed by a resurgence in rural demand and consistent urban consumption. With a strategic focus on premiumization and volume expansion, coupled with stable credit profiles, the sector is well-positioned to navigate the challenges and opportunities in the coming months. As industry leaders keep a close watch on rural economic conditions and input price trends, the FMCG sector is expected to achieve a balanced and sustained growth path.

Are you a fashion enthusiast looking to upgrade your style without breaking the bank? IndianRetailer has got you covered. Fashion experts agree that accessories can significantly enhance your look. While earrings, bracelets, and necklaces are popular choices, one often overlooked accessory is sunglasses. The right pair of sunglasses can make a huge difference in your overall appearance.

To help you choose the perfect pair, here are the top 10 sunglasses brands in India. Explore various styles from the best eyewear brands in India to find the perfect fit for your face.

Top Sunglasses Brands in India Under 2500

Here are the top sunglasses brands in India:

1. John Jacobs

This brand offers top-grade material products crafted by specialists. It manufactures premium quality eyewear at one-third of the price of fancy labels. John Jacobs eyewear is designed and made with the best Italian houses to bring the latest new designs and innovative sunglasses. It produces eyewear with D2C retail excluding middlemen, hence the affordable price of sunglasses. It is known for technological use in the selection of raw materials, and robotic use in lens cutting. The sunglasses go through a five-step quality check to guarantee accuracy. 

Top Rated Sunglasses of John Jacob with Price (Myntra price)

• John Jacob Sunglasses with UV Protected Lens 134947 – Rs 2,399 onwards- This sunglass is a top-rated customer choice which is grey-coloured with a metallic framework, apt for an oval face structure. 
• John Jacobs Full Rim Aviator Sunglasses with UV Protected Lens 138598 - Rs 1,999 onwards- It's an aviator type of sunglasses, best for a square face. Full rim style with blue colour lens and metallic body, with gunmetal toned frame colour. 
• John Jacobs Unisex Green Lens & Gold-Toned Round Sunglasses with UV Protected Lens – Rs 1,999 onwards- It has a green lens with a gold hue frame and round type glasses, advised for a square face. The frame material is made out of metal with a full-rim style. 
• John Jacobs Unisex Brown Rectangle Sunglasses – Rs 1,699 onwards- A rectangular-type, brown-coloured len sunglass primarily for heart-shaped faces. Its frame is made with acetate material along with a full rim style. 

An American clothing brand started in 1853 it has become the world's largest apparel brand and a leader in jeans worldwide. The company has around 500 stores in more than 110 countries. It believes in delivering quality and originality in products. The partnership between Safilo and Levis brought eyewear products to the market.  It features niche and modern colour-integrated sunglasses at affordable pricing. 

Top recommended and affordable sunglasses by Levi’s with price (Myntra price)

• Women Cateye Sunglasses with UV Protected Lens- Rs 2500 onwards- It has a black colour frame and purple coloured lens with cat-eye type and fill rim styling. Best for oval-faced women.  
• Levis Unisex Other Sunglasses with UV Protected Lens–Rs 2500 onwards- Made with metal framework and full-rimmed style ideal for oval face structure for females as well as males. It has brown coloured lens and frame. 
• Levis Men Square Sunglasses with UV Protected Lens 16426927661 – Rs 2500 onwards- Ideal for oval-faced males. Made out of metallic material frame and gunmetal-toned frame colour. Its lean are purple and has full rimmed style. 

3. Fastrack

It was set in motion in 1998 and became India’s most-worn youth accessory brand. The brand started with a niche collection of sunglasses and watches and extended its product line in 2009 with bags, belts and wallets. Across the nation, Fastrack has 158 exclusive stores in more than 79 cities. It also retails through multi-brand outlets and an online website. It believes in delivering quality products that are affordable, not cheap. 

Bestselling Affordable Sunglasses by Fastrack with Price (Official website price)

• Black Aviator Sunglasses for Men and Women – Rs 1,200 onwards- A unisex affordable sunglass with stainless steel front, frame and temple material. With a black colour temple and aviator-shaped frame best suited for angular face type. 
• Smoke Gradient Pilot Rimmed Sunglasses – Rs 1,400 onwards- A metallic-based frame, front and temple material for both women and men. With a black colour temple and pilot-shaped frame best for triangular-shaped faces.
• Black Square Rimmed Sunglasses – Rs 1,400 onwards- Made with plastic matter for the front, frame and temple parts of the sunglass. It has a black temple colour with square shaped frame for both women and men. Best suited for round-shaped faces. 

4. Decathlon

It is one of the largest sports products retailer brands in the world with 1,700 stores within 72 countries. The company has partnered with worldwide suppliers and it markets in-house products through D2C retail with megastores and operates through an online website as well. It has six different brands named – Quechua, Forclaz, Van Rysel, Rockrider, Riverside and BTWIN for Hiking and camping, Backpacking, road cycling, mountain biking, gravel biking and kids cycling respectively. 

Most Popular and Affordable Sunglasses by Decathlon with Price (official website price)    

MH140 Anti UV Cat 3 Impact Resistant Sunglasses for Adult Hiking, Blue –Rs 800 onwards

• Usage: Now and then used in mountains in sunny weather.
• Weight: 26 grams 
• Made with polycarbonate glass with a rubber temple and wraparound shape, best suited for square-shaped faces. 

MH570 Anti UV Cat 4 Impact Resistant Sunglasses for Adult Hiking, Blue – Rs 1,500 onwards

• Usage: Perfect for mountains and hiking and ideal for sunny weather or high altitude. 
• Weight: 28 grams
• For high resistance, polycarbonate glasses are used with pliable material for the temple. 
• Adult Hiking Sunglasses Cat 3 MH160 Bronze Ochre – Rs 1,000 onwards
• Usage: Used in mountain areas for sunny weather. 
• Weight: 21 grams
• It has a wraparound shape and polycarbonate glasses with different and appealing temple shape. 

This affordable sunglasses brand offers a wide range of products from aviators to wayfarers and many more. It believes in providing a comfortable fit, stylish appearance and long-lasting styles of affordable yet premium glares. It is present on almost all leading e-commerce platforms. Voyage aims to enhance personality and sense of styling via its eyewear for all its customers. 

Bestselling Affordable Sunglasses by Voyage with Price (Official website price)

• Voyage Exclusive Gold And Black Polarized Round Sunglasses for Men & Women - PMG3981 – Rs 1,700 onwards- These top affordable sunglasses are unisex with a round shape frame, black lens, Metallic body and golden frame. Ideal for square-shaped faces. 
• Voyage Round Black Sunglasses MG2975 – Rs 1,100 onwards- This 100 percent UV protection glare has a metal body, black temple and round shape for males and females. 
• Voyage Black Silver Round Sunglasses - MG3504 – Rs 1,100 onwards- Made with a metal frame, temple and nose bridge with a round shape for unisex.  It has a silver colour frame and black lens. 

It has 1000 plus opticians, 220 departmental stores and more than 31 brick-and-mortar stores in India including airports and malls. Opium caters to providing affordable sunglasses in India for males and females. It delivers products that integrate affordability, style and quality that are functional and fashionable.  It stands out in the queue due to its trendy and peculiar craftsmanship.  

Bestselling and Affordable Sunglasses by Opium with Price (Official website price)

• EDEN – Rs 2,300 onwards- The frame is made out of plastic with a round shape and provides polarised and UV protection. It is ideal for females as well as males. 
• SUPER SOLDIER- TAC lens used with TR-90 frame with Polarized and UV protection. Caters for Unisex use due to pilot-shaped frame.  
• MAGNIFIQUE – Rs 2500 onwards- It is fitted for sports, outdoor and athleisure activities. The lens is made with advanced vision system (AVS) technology contributing to durability, strength and lightweight. It is unisex with a plastic frame and a hexa-shaped frame. 

The Titan Company started Titan eye+ in 2007 and today it has 900 plus exclusive stores in more than 350 cities in India. The brand maintains international standard products with quality and trust making it one of the top affordable sunglasses brands in India. It caters to modern trendy designs that are scattered in the Indian retail market space. 

Bestselling Affordable Sunglasses by Titan with Price (Official website price)

• Grey CatEye Sunglasses For Women – Rs 2,500 onwards- It is made out of acetate material on the front and frame part of the glare. Has a cat-eye shape with a stainless steel frame, ideal for women. 
• Grey Square Men Sunglasses (GM311BK2P|58) – Rs 2,500 onwards- It has a clubmaster-shaped frame with a metallic front and frame. With grey coloured temple suitable for men. 

The brand caters to youth aged between 15 to 25 years. Idee is well-known for its fresh designs, boldness and buoyant styles. It regales class quality, valued frames and sunglasses. The affordable sunglass brand has set an uber-cool trend in the market attracting a vast range of eyewear crafted with tested and tried material.

Top affordable sunglasses by Idee with price (Official website price)

• IRUS S1111 UNISEX FLIER SUNGLASSES – Rs 1,100 onwards- Shiny light gold coloured frame with red Revo lens colour made with polycarbonate material. 
• IRUS S1068 UNISEX ROUND SUNGLASSES – Rs 1,600 onwards- Provides 100 percent UV protection with the polycarbonate lens. Shiny light golden coloured frame with gradient green mirror effect. 
• IRUS S1030 UNISEX RECTANGULAR SUNGLASSES – Rs 1800 onwards- Made with rose gold frame colour and light brown lens, shaped in rectangular style of glare. 

9. Flying Machine

The company started in 1980 in India, owned by Arvind Limited. In the fashion industry, Flying Machine is a trendsetter due to its exclusive designs in apparel, accessories as well as eyewear. Flying Machine has 1300 stand-alone stores, more than 5000 departmental stores and many multi-branded stores across parts of India. It retails through brick-and-mortar and D2C channels.

Bestseller sunglass by Flying Machine with price (Official website price)

• FLYING MACHINE Rectangular Frame Tinted Sunglasses – Rs 1,600 onwards- Made with plastic along with a tinted lens, nose grip and broad temple tip

10. The Tinted Story

Lately started an eyewear brand offering versatile and affordable sunglasses in India. The brand was born in 2021 with a vision to make luxury sunglasses at a premium price. The glares are manufactured in high-quality factories around the world. This eyewear brand retails through e-commerce platforms with doorstep delivery in pan India, allowing to maintain affordable pricing. 

Best-selling affordable sunglasses by The Tinted Story with price (Official website price)

• Rimless Rectangle Tint Sunglasses (UV400 Protection) – Rs 2000 onwards- This unisex sunglass is made with regular fit type, golden frame and multi-coloured lens. It has a metallic frame material with 400 UV protection. 
• Elfin Sunglasses (UV 400 Protection) – Rs 2,000 onwards- Made with a sleek build and regular fir type. Polycarbonate lens and frame material with multi-coloured for unisex.
• Hexagon Retro Sunglasses (UV400 Protection) – Rs 1700 onwards- Large type fit made for women with golden frame colour and multi-coloured lens. 

IndianRetailer’s Vision:

The primary objective of a pair of Sunglasses is to protect your eyes but it offers much more- enhances your style, personality, as well as your aura. Furthermore, it helps you stand out of a crowd and make a statement, while being affordable and versatile. So, select a brand that serves your style. To make it all easy for you this is a list of our top 10 affordable sunglass brands in India. Enjoy shopping!

What type of sunglasses are suitable for protection? Various sunglasses provide UV protection at different percentages. 

Name the top three affordable sunglasses brands in India. The list starts from John Jacobs followed by Levis and Fastrack. 

How to make sure that the sunglasses are effective? Check for 100 percent UV protection or UV 400 label. 

• John Jacobs

The first puff of a cigarette is thrilling and satisfying. Holding that sleek, white stick isn't just a habit; it's a style statement.

Curious about the top cigarette brands in India? Wonder what makes a cigarette premium? Why do some people spend more on certain brands? Let's find out.

In the Indian cigarette market, some brands really stand out. These brands offer quality and have unique stories behind them. In this article, we'll look at the eight most expensive cigarette brands in India. We'll talk about their parent companies and where they come from. You'll find out where these cigarettes are made and who markets them. We'll share the stories behind their names and an interesting fact about each brand. We'll also discuss the type of tobacco they use and why smokers love them.

India Cigarettes Market:

Here are some updated key points about the cigarette market in India as of 2024, including relevant statistics and data:

• The Indian cigarette market was worth INR 1,307.7 billion ($16.6 billion)  in 2022. It is expected to grow at a compound annual growth rate (CAGR) of over 3% from 2022 to 2027​.
• ITC Limited is the top company in India's cigarette market. Other leading companies include Godfrey Phillips India, VST Industries, and Dalmia Industries​.
• Cigarette consumption per person in India is low compared to global levels. Many smokers prefer beedis over cigarettes​.
• India reduced cigarette imports significantly in 2022. Singapore is the largest cigarette exporter in India​.
• Tobacco specialists are the main sellers of cigarettes in India. These specialized outlets are preferred over general stores​.

Most Expensive Cigarette Brands in India

Here are the most expensive cigarette brands in India in 2024:

1. Treasurer

Treasurer is a premium cigarette brand made by The Chancellor Tobacco in the UK. It uses high-quality, pure Virginia tobacco. ITC Limited markets these cigarettes in India. The name "Treasurer" comes from the idea of luxury and exclusivity. This brand is known for its high standards and refined quality. A pack of 20 Treasurer cigarettes costs around Rs. 4,500 in India.

Check More: 10 Best Cigarette Brands in India to Know in 2024

2. Davidoff

Davidoff is a premium cigarette brand owned by Imperial Brands, a British company. Dunhill cigarettes are marketed by Imperial Brands as well. The Davidoff brand is named after its founder, Zino Davidoff. In 1968, Zino introduced the first line of Davidoff cigars. He did this after traveling widely and learning about tobacco farming. This knowledge helped him create a high-quality product. Davidoff cigarettes use a blend of premium tobacco. This blend keeps their standards high and makes them expensive. In India, a pack of 20 Davidoff White 8-mg King Size cigarettes costs approximately Rs. 1,700.

Check This - Explore What's New in Cigarettes

3. Sobranie

Sobranie is a luxury cigarette brand from the UK, owned by Japan Tobacco. The Gallaher Group, a subsidiary of Japan Tobacco, manages marketing for Sobranie. The name "Sobranie" comes from the Russian word for "gathering" or "assembly." Sobranie was established in London in 1879 by Albert Weinberg. This makes it one of the oldest cigarette brands. The brand is famous for its luxury image and high-quality tobacco. Sobranie cigarettes use a blend of Virginia, Turkish, and Oriental tobaccos. These tobaccos are stored and matured over time to develop a richer flavor. In India, a pack of 20 Sobranie Black Russian cigarettes costs around Rs. 1,200.

Check More : Top Whisky Brands in India for 2024 | ABV%

4. American Spirit

American Spirit is a premium cigarette brand owned by Reynolds American. In India, these cigarettes are made and marketed by Santa Fe Natural Tobacco Company , part of ITC Limited. The name "American Spirit" shows their focus on natural, additive-free tobacco. Founded in 1982 by Bill Drake and his partners, the brand became popular for its natural and organic tobacco. American Spirit uses only 100% additive-free tobacco. They offer options with organic tobacco and a Perique tobacco blend. In India, a pack of 20 American Spirit Yellow cigarettes costs about Rs. 999.

5.  Parliament Cigarettes

Parliament, one of the exclusive cigarette brands from Philip Morris International, is marketed in India by Godfrey Phillips India. The brand started in 1931 and is known for its unique recessed paper filters, which were initially an advertising gimmick. The name "Parliament" reflects its high-end image. In the past, wealthy smokers preferred Parliament. It was also one of the first brands to use commercial cigarette filters. Parliament uses high-quality Virginia and Turkish tobacco. They offer different blends, including menthol varieties. In India, a pack of 20 Parliament cigarettes costs between Rs. 300 and Rs. 600.

6. Marlboro

Marlboro is a premium cigarette brand. Its parent company is Philip Morris International. Philip Morris International handles the manufacturing and marketing of Marlboro. The brand was launched in 1924 and was initially marketed as "America's luxury cigarette. In the 1950s, the "Marlboro Man" campaign was introduced to make the brand more appealing to men. Marlboro uses a blend of high-quality Virginia, Burley, and Oriental tobaccos. The approximate price of a pack of 20 Marlboro cigarettes is Rs. 400.

7. Benson & Hedges

Benson & Hedges is a cigarette brand owned by Philip Morris USA, British American Tobacco, and Japan Tobacco. In India, ITC Limited handles its marketing. The brand was founded in 1873 by Richard Benson and William Hedges in London. The brand's name, "Benson & Hedges," comes from the surnames of its founders, Richard Benson and William Hedges. In 1878, the brand received a royal warrant from the Prince of Wales. Benson & Hedges cigarettes use high-quality tobaccos, including Virginia, Burley, and Turkish varieties. In India, a pack of 20 Benson & Hedges cigarettes costs around Rs. 340.

Read More: Top 10 Rum Brands in India

Dunhill is a premium cigarette brand in India, owned by British American Tobacco and Alfred Dunhill Limited. ITC Limited markets Dunhill cigarettes in India. Alfred Dunhill founded the brand in London in 1907, naming it after himself, a renowned English tobacconist and inventor. Dunhill cigarettes are known for their luxury and high-quality tobacco blends. They include popular lines like Dunhill Fine Cut and Dunhill International, which use high-grade Virginia and Oriental tobaccos. In India, a pack of 20 Dunhill Switch cigarettes costs around Rs. 349.

Cigarette Market Global Analysis: The big picture

Global Market Overview:

• The global cigarette market was valued at USD 738.6 billion in 2022.
• By 2028, the cigarette market is projected to reach USD 890.25 billion.
• This growth represents a CAGR of 3.1% from 2023 to 2028.
• Major brands in the global cigarette industry include Philip Morris International, British American Tobacco, Japan Tobacco International, and Imperial Tobacco Group.

Indian Market Overview:

• In 2022, the Indian premium cigarette market was valued at INR 1,307.7 billion.
• The Indian cigarette industry is growing at a rate of over 3% CAGR.
• Premium brands such as Treasurer, Davidoff, Dunhill, and American Spirit are gaining popularity in India.

Similarities:

• Both the global and Indian cigarette markets face significant regulatory challenges.
• Health concerns related to smoking are prevalent in both markets.
• Premium cigarette brands are preferred by consumers with higher disposable incomes in both the global and Indian markets.

Differences:

• Global cigarette markets, especially in Europe and the U.S., are more mature compared to the Indian market.
• Growth of the Indian cigarette market is driven by rising disposable incomes and urbanization.
• Growth in the global cigarette industry is fueled by innovations in reduced-risk products.
• Premium branding plays a significant role in the global cigarette market.

At Indian Retailer, we examine the most expensive cigarette brands in India. These high prices come with promises of quality, tradition, and unique flavors. These premium brands target a small group of smokers who seek more than just a product—they want a special experience.

However, these luxury cigarette brands face challenges. They must deal with strict regulations and a growing number of health-conscious people. The future of these premium cigarettes is uncertain. Will they continue to grow in popularity, or will the market shift due to these challenges? Only time will tell.

FAQs on Most Expensive Cigarette Brands in 2024

1. Which is the costliest cigarette in India?

The costliest cigarette in India is Treasurer . A pack of 20 Treasurer cigarettes costs around Rs. 4,500.

2. Which cigarette is banned in India?

In India, e-cigarettes and vaping devices are banned, including their production, sale, and advertisement. This ban, enforced since 2019, aims to prevent vaping among youth and address health concerns. Traditional tobacco cigarettes, however, remain legal.

3. Which cigarette brand has the lowest tar and nicotine levels?

American Spirit is the cigarette brand with the lowest tar and nicotine levels. They offer options with natural, additive-free tobacco, including varieties with lower tar and nicotine content.

4. Do cigarettes expire?

Cigarettes do not have an expiration date. According to the World Health Organization, an expiration date may make consumers think that it's safe to smoke cigarettes before the printed date while smoking cigarettes at any time can cause health problems.

5. Who invented cigarettes?

James Albert Bonsack invented the cigarette-making machine in 1880, which allowed for mass production of cigarettes.

In today's dynamic and health-conscious consumer landscape, the food industry is witnessing a significant shift towards products that not only tantalize the taste buds but also offer health benefits. One such category that has been undergoing a remarkable transformation is pickles. Traditionally known for their tangy and flavorful appeal, pickles are now adapting to meet the evolving preferences of health-conscious consumers. Let's delve into the fascinating realm of how pickle brands are embracing health and wellness trends to cater to the changing needs of their customers.

The Rise of Health-Conscious Consumers

With a growing awareness of the importance of a healthy lifestyle, consumers are increasingly seeking food options that are not only delicious but also nutritious. This shift in consumer behavior has prompted food companies, including pickle brands, to reevaluate their product offerings and make necessary adjustments to align with the changing preferences of the market.

Innovation in Ingredients

One of the key ways pickle brands are adapting to consumer preferences is through innovation in ingredients. Traditionally, pickles were made using high amounts of salt and sugar for preservation purposes. However, in response to the demand for healthier options, many brands are now exploring alternative ingredients and methods to reduce the use of these additives.

For instance, some pickle brands are incorporating natural sweeteners like honey or maple syrup instead of refined sugar. Others are using less salt or exploring salt alternatives to cater to consumers looking to reduce their sodium intake. By experimenting with new ingredients and recipes, pickle brands are able to offer products that are not only tasty but also aligned with the health and wellness goals of their customers.

Focus on Organic and Locally Sourced Ingredients

Another significant trend in the pickle industry is the emphasis on using organic and locally sourced ingredients. Consumers today are increasingly concerned about the environmental impact of food production and are looking for products that are sustainably sourced and produced.

Pickle brands are responding to this trend by sourcing their ingredients from local farmers and suppliers who follow sustainable practices. By using organic ingredients, these brands are able to offer pickles that are free from harmful pesticides and chemicals, appealing to health-conscious consumers who prioritize clean eating and sustainability.

Introduction of Functional Pickles

In addition to incorporating healthier ingredients, some pickle brands are taking innovation a step further by introducing functional pickles. These pickles are infused with beneficial ingredients known for their health-promoting properties, such as probiotics, turmeric, or ginger.

Probiotic pickles, for example, support gut health and digestion, while turmeric-infused pickles offer anti-inflammatory benefits. By adding functional ingredients to their products, pickle brands are not only enhancing the nutritional profile of their pickles but also tapping into the growing trend of functional foods that promote overall well-being.

As consumer preferences continue to evolve, pickle brands are adapting to meet the changing demands of the market. By embracing health and wellness trends, these brands are not only staying relevant but also carving a niche for themselves in the competitive food industry. Through innovation in ingredients, a focus on organic and locally sourced ingredients, and the introduction of functional pickles, pickle brands are redefining the traditional perception of pickles and offering consumers a healthier and more diverse range of options.

In this era of heightened health awareness, the transformation of pickle brands serves as a testament to the industry's commitment to meeting the needs of today's health-conscious consumers. As we move forward, it will be exciting to witness how pickle brands will continue to evolve and innovate to cater to the ever-changing landscape of health and wellness trends. By staying attuned to consumer preferences and constantly striving to offer products that not only satisfy taste buds but also contribute to overall well-being, pickle brands are poised to make a lasting impact in the food industry.

In conclusion, the journey of pickle brands towards embracing health and wellness trends is a testament to their adaptability and commitment to meeting the evolving needs of consumers. As we savor the tangy delights of these revamped pickles, we can appreciate the fusion of tradition and innovation that characterizes this dynamic industry. Cheers to a future filled with delicious, nutritious, and health-conscious pickle options that delight our taste buds and nourish our bodies.

-Authored By Harpal Singh Gulati, founder of Martban Pickles

• food & beverage

Indian consumers are increasingly prioritizing value-conscious purchases and experiential spending. Inflation has greatly impacted consumer spending, pushing a shift towards value-conscious purchases and a renewed interest in experiences like travel and hospitality. While spending in areas such as recreation, entertainment, leisure, and travel has surged, traditional retail segments like fashion and lifestyle have seen flat volume growth.

Deloitte India's latest report, "Future of Retail: Sweating Assets for Growing Volumes and Same Store Sales," highlights a significant shift in spending habits, emphasizing the importance of experiences and localized innovation over traditional product-centric purchases.

The global economic environment in FY24 has been marked by significant challenges, including the ongoing conflict in Ukraine, rising inflation, tightening monetary policies and disrupted global supply chains. Amid these headwinds, the Indian economy has demonstrated remarkable resilience, growing at an impressive rate of 7.6 percent in FY24.

This growth is driven by robust government spending on infrastructure, growing private consumption, and a resilient services sector. This decoupling of India’s growth from global trends underscores the dynamism and potential of the Indian consumer market. The report delves into the performance of various subsectors within the consumer and retail sectors, highlighting their resilience and vulnerabilities. It examines the impact of inflation on consumer spending patterns, exhibiting a transition towards value-conscious purchases and a resurgence in demand for experiences, such as travel and hospitality.

Key Highlights

• Dining out or ordering in: Despite 29 percent of respondents planning to reduce dining out or ordering in due to health and budget concerns, over 50 percent strongly preferred maintaining or increasing their dining frequency. This suggests a resilient demand for dining options prioritizing health, quality, and appeal, presenting an opportunity for establishments to cater to this discerning segment.
• Apparel, footwear, and fashion accessories: While 32 percent intend to decrease spending, citing satisfaction with their current wardrobe and a preference for minimalist lifestyles, around 14 percent plan to increase their purchases. Retailers need to offer compelling design considerations for customers to refresh their wardrobes, such as new trends or sustainable fashion options, to maintain engagement.
• Leisure travel: Around 29 percent of respondents plan to increase travel frequency in the coming year, indicating a growing appetite for experiential spending. This trend allows travel companies to create tailored experiences that resonate with consumers seeking unique adventures and cultural immersion, potentially driving higher engagement and loyalty.
• Consumer durables and appliances: Despite 30 percent of respondents citing financial constraints as a deterrent, approximately one-third have recently purchased in this category. This indicates that there is still a market segment with unmet needs, possibly looking for more affordable options or innovative features.
• Consumer electronics: Anticipated purchases are declining, due to existing device adequacy and financial considerations. To stimulate demand, brands may need to introduce budget-friendly variants or flexible payment plans that align with consumers' financial priorities.
• Furniture and home furnishings: Nearly 60 percent expressed no immediate intent to purchase major furniture items; however, there is sustained interest in home décor purchases for redecoration purposes. This suggests an opportunity for retailers to focus on smaller, more affordable home décor items to serve this segment.
• Luggage items: Interest in luggage purchases remains modest, with only 15 percent considering a purchase in the next year. This aligns with a broader trend of selective spending on travel-related items, primarily driven by the need to replace old or damaged luggage. This segment may benefit from value-driven offerings or innovative designs to attract consumers.

Anand Ramanathan, Partner and Consumer Products and Retail Sector Leader at Deloitte India shared his perspective on the evolving consumer landscape. "The premium segment led the post-pandemic recovery in consumption. However, most categories in retail are now witnessing a slowdown in premium demand and a revival in the mass segment. The evolving consumer landscape presents a complex interplay of value consciousness and a growing demand for unique experiences, highlighting the need for localized innovation at scale."

Ramanathan emphasized the importance of maximizing existing investments and assets to drive like-for-like growth. "Companies that innovate to meet evolving consumer preferences on convenience, affordability, and health will not just survive but thrive. One of the key imperatives for consumer businesses is the importance of sweating existing investments and assets to drive like-for-like growth. Industry leaders will need to leverage the use of technology and AI for operational efficiency and strategic resource allocation. This report offers a detailed analysis and actionable insights for stakeholders to navigate and capitalize on these dynamic trends."

The report outlines businesses can aim for an incremental 8 to 20 percent growth in like-to-like sales by sweating their investments in customer, product, channel, and experience.

Following growth levers for businesses will reshape the retail experiences:

• Refining Consumer Personas: Around 48 percent of consumers are willing to share data, providing an opportunity for businesses to focus on profitable segments and emerging consumer groups. Implementing targeted interventions across the purchase journey using technology can enhance consumer engagement and loyalty.
• Enhancing Perceived Value: Nearly 42 percent of consumers look for value-added services and benefits. Companies should clearly communicate their holistic selling proposition, covering benefits across product/service offerings, experience, loyalty rewards, warranty, and post-sales support.
• Advanced Data Analytics to Drive Sales : Using centralized customer data platforms for hyper-personalization and optimizing store performance through targeted operational enhancements can significantly impact sales. In fact, 45 percent of consumers expect brands to anticipate their needs and proactively communicate.
• Localization: Tailoring product assortments and marketing strategies to local preferences can strengthen brand connections. Consumers show interest in geo-targeted ads, with 27 percent expressing interest in product offers.
• Interactive and Immersive Experiences : Creating engaging experiences across physical and digital channels, implementing innovative in-store activations, and using digital tools for high-quality customer advisory services can drive consumer engagement. For instance, 80 percent cited word of mouth as influencing their purchase decisions, 55 percent highlighted the importance of quality advisory, and 43 percent of global retailers plan to offer virtual expert connects.

The Role of the Upcoming Union Budget

Ramanathan also highlighted the potential impact of the upcoming Union budget for 2024-25. "The upcoming Union budget for 2024-25 will be an excellent opportunity to add momentum to the revival of the mass segment by enhancing investments in the rural economy and agriculture. A normal monsoon, festival season, and replacement demand will help drive volumes in all categories for broad-based growth in consumer and retail beyond urban markets to rural and semi-urban centers."

Thus, by leveraging the insights and recommendations outlined in the report, businesses can navigate the dynamic trends and capitalize on opportunities to drive growth and enhance consumer engagement. As the retail sector continues to evolve, the focus on localized innovation, advanced data analytics, and immersive experiences will be crucial in meeting the changing preferences of Indian consumers.

• Customer Data solution

Raw, musky, sensual – the scent of an alpha male! What is it that a man looks for when he chooses his scent out of the plethora of choices available in the market today? The answer: power. When he walks into a room, he should be perceived as the most successful person there. So, how to choose your signature fragrance – should it be the most expensive or most famous or the one worn by a celeb. Here, we list the top 10 perfumes brands for men in India that have kept the ‘worldly’ men enraptured in their notes. Pick the one that best ignites your senses, and of course, have a sniff test before you craft your signature.

Top 10 Perfume Brands for Male in India

Here are the top 10 perfume brands for males in India that will elevate your style and leave a lasting impression. Discover the perfect scents to make you stand out and get noticed.

1. Hermès Terre d'Hermès Parfum Pure Perfume

Terre d’Hermès Parfum is more complex and has excellent longevity. This fragrance starts with an exciting burst of citrus and has the primary notes of grapefruit and orange. Upon its finish, the heart presents a rather interesting interplay of flint and pepper that provides a mineral sharpness and a hint of spice. 

• Fragrance: Woody Oriental and Fresh lime
• Price Range : Rs 10,000 (75ml) and Rs 18,000 (200ml)
• Evocative Essence: This perfume captures the essence of the earth itself, with rich, woody notes that ground the scent in a deeply sophisticated, earthy aroma. Think of a scent that takes you on a journey through forests and fields.
• Citrus Twist: The fragrance opens with a burst of citrus, adding a fresh and invigorating contrast to the deep, woody base. This balance creates a dynamic, evolving scent experience that remains captivating from start to finish.
• Elegance in a Bottle: Ideal for those who appreciate a scent that is as timeless and refined as it is bold and complex.

2. Ralph Lauren Polo Blue Eau de Toilette for Men

Polo Blue is the scent that embodies the nautical spirit and the desire to be free as a bird, associated with the energizing and cool breeze of the sea. Right from the onset of the perfume’s application, one is offered a splash of delicious and thirst-quenching watermelon giving the fragrance a lively and zesty character.

• Fragrance: Refreshing, Aquatic
• Price Range: Rs 4,000 (75ml) and Rs 5,000 (125ml)
• Lifestyle Inspiration: The campaign shot at the core of Polo Blue has been anchored on a washed suede accord, which has become the crowning glory of the brand. Polo Blue will take inspiration from the looks of the clear and vast blue skies, and the cold blow down by the beach. It is to smell the fragrance that defines such virtues as comfort, refinement, and a light-hearted demeanour.
• Invigorating Blend: A refreshing blend of melon, cucumber, and basil creates a clean, crisp fragrance that’s perfect for daytime wear. It’s light yet enduring, making it ideal for the modern gentleman on the go.
• Versatile Freshness: Whether you're at the office or on a casual outing, this scent offers a refreshing burst of energy and sophistication.

3. Bvlgari Man in Black Eau de Parfum for Men

Bvlgari Man in Black, the fragrance is a passionate, playful side of the fire-element, a symbol of strength and energy. An appealing Eau de Parfum surrounded by seductive fascinating powers to make a resolute and charismatic attitude to sexuality.

• Fragrance: Sophisticated, Leather-Oriental
• Price Range: Rs 10,000 (100ml) and Rs 12,000 (150ml)
• Opulent Origins: Inspired by Bvlgari’s luxurious design ethos, this scent is rich and opulent, embodying the essence of sophistication and style.
• Spicy Elegance: Combines leather with spicy notes of amber and rum, creating a scent that’s both bold and intricate. It’s perfect for those who appreciate a fragrance that’s as multifaceted as it is luxurious.
• Evening Aura: Ideal for evening wear, it exudes confidence and a touch of mystery, making a lasting impression wherever you go.

4. Paco Rabanne One Million Eau de Toilette for Men

Get lost in the intoxication of the smell of real leather with the note of spices and a hint of freshness. This fantasy makes one’s head spin from the first accords to the final dry down while leaving a lasting impression that linger in the air.

Unlike other fragrances that are intended to revitalise and invigorate, this one is supposed just to perplex and seduce. It has become a declaration of a man’s soul and desire, a fragrance version of mystery. Every time you spray it, it breaks conventions and rules, prescribed by society, men and all other powers that be, and letting you make a powerful statement. Open yourself up for the semi-erotic cloud of uncertainty and dull Sheen, freshness kisses complexity, and vice versa.

• Fragrance: Matte blonde leather and exude sensuality and depth
• Price Range: Rs 7,000 (100ml) and Rs 9,000 (200ml)
• Modern Edge: Reflects the edgy, contemporary style of Paco Rabanne. It’s a fragrance that stands out, much like the gold bar-inspired bottle it comes in.
• Dynamic Notes: Features vibrant notes of grapefruit, mint, and blood orange, creating an energetic and bold scent profile. It’s for the man who’s unafraid to make a statement.

5. Tom Ford Noir

A highly erotic scent, TOM FORD’s Noir is a perfect mix of citrus with notes of mandarin and grapefruit with black pepper at its end. Loaded with a rich amber and dry cedarwood base, Noir can be described as an elegant addition to every contemporary man’s routine.

• Fragrance: Sophisticated, Seductive
• Price Range: Rs 17,000 (100ml)
• Mysterious Allure: Embodies the sleek, enigmatic allure of Tom Ford’s designs, creating a fragrance that’s both sophisticated and seductive.
• Complex Blend: A masterful blend of oud, rich vanilla, and amber, creating a deeply intoxicating and luxurious scent.
• Intimate Charm: Ideal for evening wear and intimate settings, this scent exudes an air of mystery and allure.

6. Christian Dior Sauvage

Imagine yourself in the fascinating reception of the desert at dusk with Dior Sauvage Eau de Parfum which embodies this magical time of awakening, enveloping the sensuous bouquet of the night with warm haze. Nightfall and the refreshing winds of the desert, and Sauvage Eau de Parfum plays its music, wrapping you in the blue haze which evokes the untamed passions within you.

It incarnates the wildness within each of us that has been domesticated for one reason or the other, and which instantly reconnects with the forest that still dwells in it to embrace the enchantment of the wild. May the royal path of this exceptional scent help to strengthen you throughout your journey of life and accept the wildness inside oneself as well as the mysteries of life.

• Fragrance: Freshness and Sensuality
• Price Range: Rs 9,000 (60ml), Rs 13,000 (100ml) and Rs 19,000 (200ml)
• Adventurous Spirit: Captures the essence of Dior’s modern, adventurous aesthetic, making it perfect for the dynamic man.
• Invigorating Notes: Features top notes of bergamot and lavender, creating a fresh and energetic scent that’s both invigorating and enduring.
• Everyday Elegance: Ideal for everyday wear, this scent offers a fresh burst of energy that’s perfect for the man on the move.

7. Chanel Bleu de Chanel

The fragrance that defies expectations and embraces boldness: a provocation which is blindingly new, clean, and sexual. This scent is for the man who does not follow the trend but creates his own path by never giving up hope—a man who defies the odds and creates his own fate.

It is the tribute to the man, who breaks the conventional rules and is proud of it, this fragrance gives amazing and unique trail, the trail for the man who writes his own story and leaves the mark wherever he goes.

• Fragrance: Fresh Citrus accord
• Price Range: Rs 16,000 (150ml) and Rs 13,000 (100ml)
• Timeless Elegance: Reflects the timeless sophistication of Chanel’s designs, offering a fragrance that’s both classic and modern.
• Rich Composition: Combines rich cedar and incense with refreshing citrus top notes, creating a complex and enduring scent profile.
• Versatile Sophistication: Suitable for both day and night wear, this scent offers versatility and elegance, making it a perfect addition to any fragrance collection.

8. Prada Amber Pour Homme Eau de Toilette for Men

Find a scent that is not so common and certainly not overshadowing your individuality. Adrenaline and influential characterisation Prada Amber Pour Homme Eau de Toilette which Introduced back in 2006 has uniqueness of four components: amber with oriental notes, fougere with sides of soap, refreshed citrus additives and the mild notes of leather. They combine well to create a package that will leave you helpless from the first glance.

• Fragrance: Oriental fougère
• Price Range: Rs 7,000 (100ml)
• Understated Sophistication: Embodies Prada’s refined, understated style, offering a fragrance that’s both luxurious and comforting.
• Warm Notes: Features notes of vanilla, tonka bean, and amber, creating a warm and inviting scent profile that’s perfect for cooler weather or evening wear.

9. Valentino Uomo Eau de Toilette for Men

What does masculinity smell like? Just like the Valentino Uomo Eau de Toilette that is designed for men. They completely evoke the atmosphere of Venice as if someone waved a wand, and here you are placed in front of you. It will be one of the leather fragrances you will love to wear and the ladies you come across will also do. It is usually worn for occasions when the temperature drops in the autumn and winter.

• Fragrance: Leather-Oriental
• Price Range: Rs 6,000 (100ml)
• Rich Blend: Combines notes of bergamot, coffee, and rich leather, creating a deeply sophisticated and elegant scent profile.
• Formal Elegance: Perfect for formal occasions and evening wear, this scent offers a touch of luxury and refinement.

10. Davidoff Cool Water Intense Eau de Parfum for Men

Experience the magic of seduction with Davidoff Cool Water Intense a new sophisticated Eau de Parfum by Davidoff. A modern reinterpretation of the iconic Cool Water fragrance, it unveils a renewed freshness and indulgent allure, enriched with a responsibly sourced gem from nature: the carefully selected green mandarin from the Brazilian gardens.

The green mandarin acts as the centrepiece of this great composition of blends and contributes the fresh zest sensation. It is not just a luxurious ingredient but also an entire sentiment; the desire for sustainable sources, and a conservation of the earth’s gifts.

• Fragrance: Refreshing and a sense of liberation and adventure
• Price Range: Rs 5,000 (125ml)
• Modern Freshness: Captures the essence of Davidoff’s sleek, modern designs, offering a fragrance that’s both fresh and invigorating.
• Everyday Vitality: Ideal for those seeking a fresh, invigorating scent that’s perfect for daily wear and casual settings.

At IndianRetailer, we understand how tough it is to select the right fragrance, which is a deeply personal choice, but these top 10 perfume brands for male in India offer a diverse range of scents that cater to various tastes and preferences. From the luxurious and sophisticated to the fresh and modern, these famous perfume brands provide options that will elevate your style and boost your confidence.

FAQs on Top Perfume Brands for Male in India 

1. What is the number 1 selling perfume for men?

Dior Sauvage is by far the best-selling men's cologne.

2. What is the highest quality of perfume?

Extrait de Parfum and Essence de Parfum is the highest level of quality and fragrance concentration available on the market. The fragrance concentration of at least 20% is the highest and therefore particularly intense and long-lasting.

3. Which country's perfume is best?

French perfume. France is renowned for its perfume industry and is home to some of the world's most famous perfumeries, such as the Maison Guerlain.

4. What are the 4 grades of perfume?

These are the 4 grades of perfume,

• Parfum – Concentration of perfume oils – 20-40%
• Eau de Parfum – Concentration of perfume oils – 15-20%
• Eau de Toilette – Concentration of perfume oils – 5-15%
• Eau de Cologne – Concentration of perfume oils – 2-5%
• Eau Fraîche – Concentration of perfume oils – 1-3%

5. Which type of perfume is best?

Eau de Toilette is one of the most widely-used types of perfume. Most brands are generally cheaper than Eau de parfum. The name came from the French term "faire sa toilette," which means getting ready, so many people consider it the go-to choice for getting ready for a typical day.

It is widely known that most women are obsessed with shoes . In fact, one of the most coveted real estate areas in a home is the shoe closet. However, this craze has been overtaken by the new breed of collectors – the Sneakerheads – they not only covert the best and the most luxurious of sneakers in the world, but most have a dedicated place in their home to store these sneakers properly. Gone are the days when sneakers used to be a utility accessory – made for running or walking. Now, they are the fashion icons – to be desired, acquired, admired and of course, flaunted.  

Top 10 Sneaker Brands in India 

If you are a beginner sneakerhead, this guide will help you build up a collection with ease:

The story of the brand traces back to 1962 when Phil Knight and Bill Bowerman changed their brand name from Blue Ribbon Sports to ‘ Nike ’ which represents the Greek god of victory. The company became public in 1980 and entered the Indian market in 1995 licensing with Sierra Industrial Enterprise. Nike has retained in India with different product line-ups from shoes to apparel to health products.  The company has more than 230 store locations within 40-plus countries. It has reached $37.4 billion in revenue FY 24 and is anticipated to surpass $45 million by FY25.

Best sneakers by Nike with Price (Official website price)

• Air Jordan 13 Dune red – Rs 16,595 - A summer Jorden lineup 2024 collection with mesh panels, Terra suede on medial sides with microfiber accents. The shoe style is encouraged by black cat’s predator nature. 
• Field General ’82 White and Light Bone – Rs 8,695 - A vintage classic look was worn in 80’s with gum rubber waffle soles spotlighting the mix of leather, suede and long-lasting textiles in a balance of white and light bone colouration. 
• Field General ’82 Barely volt and Dusty Cactus – Rs 8,695 - General 82 returned with the exquisite light-volt edition featuring a mix of barely volt and dusty cactus. Giving a stadium look pairing with smooth leather, synthetic leather, tough textile and waffle soles. 
• Air Max 1 x HUF – Rs 14,995 - Instilled with a foam midsole and max air cushioned air heel. It runs back with three new colourations of pear and flat pewter, green colourway and medium grey premium leather upper.  

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Adidas , one of the largest sportswear manufacturers in Europe and the second largest globally. Adolf Dassler started the company to build spiked running shoes for different athletic events. The company had its big hit during the 1936 Berlin Olympics when an American star wore Adidas, helping gain international attention and expansion worldwide.  In 1989 Adidas invaded in Indian market with a license agreement focusing on urban and semi-urban youth. 

The company had a market capital of $42.06 billion as of July 2024. In the Indian market, Adidas has generated a revenue of Rs 2,578.1 crore in FY23. It aims to expand franchise stores in tier 2 and 3 with over 350 stores. Online channels contribute 40 percent of sales and the rest from e-commerce and application platforms. 

Best sneakers by Adidas with Price (Official website price)

• Samba OG Shoes - Rs 10,999 : Supporting grip on hard and flat surfaces, a top choice for indoor sports. Available in different styles for cycling, football, golf and streetwear as well. Has a rubber cupsole texture with a suede T-toe design
• YZY 350 V2 CMPCT – Rs 11, 499 : Made with BOOST technology contributing to a cushioned sole experience. It has used 50 percent recycled material on the upper features. It had a strong sock fit with lock support without no-tie stretch laces. 
• Gazelle Shoes – Rs 9,999 : Archive edition with same texture and material as the 1991 version with suede and detailed echo style of 90’s. 
• Superstar – Rs 8,999 : This basketball shoe became a cultural phenomenon with innovative features, collaborations and consistent evolution for over 50 years. This sneaker comes in various models with iconic, bold and smooth leather upper and rubber shell toe. 

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The company is a leading sports brand that designs, develops, sells and markets footwear, apparel and accessories. It has headquarters in Herzogenaurach, Germany, distributing items in 120-plus countries. Collaborating with various designers and brands to deliver street culture and fashion offering sport-inspired and performance-based products for football, running, golf, basketball and motorsports. 

Recently Puma has partnered with Riyan Parag and Nitish Kumar Reddy to associate with Genz audience in the Indian market. 

Best sneakers by Puma with Price (Official website price)

• Rider Future Vintage Unisex  – Rs 5,399 : Old-school styling with ripstop nylon upper, nylon tongue with woven label, suede toe, heel and eyestay overlays. 
• RS-X Efekt PRM Unisex – Rs 7,199 : Utilizing cushioned technology with rubber sole, PU midsole – RS technology and mesh upper with nubuck and suede overlays. 
• CA Pro Classic Unisex – Rs 4,799 : Classic casual sneaker focusing on comfort and quality contributing to a supportive fit with durability. 20 percent recycled material was used on the upper part giving a slug fit. 
• Palermo Special Unisex – Rs 6,999 : Archives and classic terrance shoe with T-toe styling bold color blocking and plush material. Has a leather upper, lace closure and rubber outsole.

Read More:  Top Sports Shoe Brands in India

Reebok, a shoe brand, has its headquarters in Boston, the US, and is a major designer, marketer, and distribution company for fitness and lifestyle in footwear, apparel, and equipment.Reebok targets fitness freak consumers and allows them to experience products designed with innovation, technology, and programming to excel in functional training, running, combat training, walking, dance, yoga, as well as aerobics.

Reebok is projected to reach Rs 997.8 billion by 2024 with CAGR at 13.59 percent. The brand is in more than 160 stores and gets 800 plus sales points from departmental stores and multi-brand outlets. 

Best sneakers by Reebok with Price (Official website price)

• Unisex Reebok RBK Classics Leather – Rs 4,799 : A balanced mix of design and support with a sleek look. Constructed with rubber sole and white leather for durability and practicality. 
• Reebok Men Club C 85 Classic Leather Shoes – Rs 4,559 : Made for casual and social occasions made with exceptional craftsmanship and detailing. Built with cushioned rubber sole and genuine leather for better comfort.
• Unisex Reebok Classic Leather Shoes – Rs 4,799 : Orchestrates sophistication without settling for style and comfort. Developed with black leather with cushions and rubber soles for longevity and resilience. 
• Reebok Unisex Court Advance Clip – Rs 4,199 : A classic navy sneaker made with vegan leather for durability and comfort. Non-slip gripping with rubber sole and lightweight.

5. Skechers

A shoe brand that caters to designing, building and marketing a wide range of footwear, apparel, and accessories for men, women as well as children. Skechers is present in 180 countries via departmental stores, and speciality stores resulting in 5,200 retail stores and a D2C website. It stands for innovational technology catering to athletic consumers in running, training, walking, golfing, pickleball, basketball and football.

Skechers sales in the Indian market contribute to 27 percent of business on a global level. It has recorded $8 billion of annual sales with 17.3 percent D2C sales.

Best sneakers by Skechers with Price (Official website price)

• Uno - Spread The Love – Rs 7,999 : Muralist James Goldcrown inspired the distinguished look of this sneaker. This has an air-cooled memory foam comfort sole and sketch air-visible air-cushioned midsole. The sneaker has a heart design print on the outer sole and synthetic duraleather.
• Mira – Rs 8,999 : This sneaker is popular for its athletic style and comfort because of Skechers air-cooled memory foam in the inner sole. It has lace-up, mono mesh and synthetic upper features. 
• Uno - Rolling Stones Single – Rs 6,299 : This sneaker has ‘Lick’ logo of The Rolling Stone which is designed with cushioned Skechers Air- cooled memory foam insole and Skech-Air airbag in the midsole.
• Rover X : A street style fashion features leather, mesh and synthetic upper upgrading the balance between comfort and trends. 

6. Converse

This sneaker brand was started by Marquis Converse in 1908 in Boston. It got its inspiration from street culture. This top sneaker brand functions in lifestyle from marketing to distribution to licensing of footwear, apparel and accessories. Converse is well-known for its originality, self-knowledge and artistry lending a hand for customers to express themselves. The brand has a flexible and ageless approach which encourages a broader audience. 

In the US 40 percent of sneaker consumers prefer Converse, generating $2.43 billion of global revenue. 

Best Sneakers by Converse with Price (Official website price)

• Chuck Taylor All Star Canvas – Rs 3,699 : The orthoLite insole for cushioning and canvas low-top sneaker styling make this sneaker stand outside the crown. It has a classic woven tongue label and licence plate. 
• Star Player 76 Premium Canvas – Rs 5,999 : Made with recycled mesh lining taking inspiration from Converse basketball sneakers. It is famous for its pro leather and brick pattern outer sole. 
• Chuck Taylor All Star Cruise Checkered : The prominent white and black look gets reconditioned with prints that can be put together and yet slay. Its tongue, heel and eyerow have suede along with cushioning providing ultimate comfort. 
• Chuck 70 Seasonal Color : It has a glossy, egret middle sole with an original license plate on the premium canvas upper. It is designed by integrating periodical details and modernity with comfort. 

A Japanese MNC that deals in sportswear and is well known for its sneakers. This top sneaker brand offers products in various sports including tennis, badminton, cricket, squash and more. It claims that the scientific approach used in making niche products gives customers a sense of reliance. It participates in sustainable practices following innovation and best-class products. Asics has franchise stores and a multi-brand store presence in India along with their own website and e-commerce marketplace for their sales. It aims to open its first exclusive store in 2026 in India. 

As of FY23 Asics generated a revenue of Rs 344.85 crore which is 36.98 percent as compared to 2022. The profit of the company increased by 37.74 percent to Rs 55.11 crore.

Most popular Sneakers by Asics with Price (Official website price)

• GEL-LYTE V – Rs 7,199 : It is influenced by the Japanese phrase ‘Godai’ reflecting five elements of Japanese philosophy. It has been designed with leather, nubuck and suede on the overlays. The midsole is made with 20 percent recycled material.
• GEL-LYTE III CM 1.95 – Rs 7,799 : It has carbon-negative foam in the midsole and sockliner, upgraded with a taping structure that helps in 100 percent renewable energy usage in the making process.
• GEL-LYTE V – Rs 7,199 : It originated from Vietnam with a focus on coin dubrae representing Japanese elements and symbols. Made with leather, nubuck and suede on the other layers.  

8. Onitsuka Tiger

From its first basketball shoe that looked like straw sandals to its running shoe, which was used by Toru Terasawa marathon runner in 1953, the company had a long way to go. The company started in 1949 with a vision of being a part of the development of Japan’s youth. It commits to detailing and innovating the products for a pleasant future.

The brand has 11 brick-and-mortar stores in India, with the latest store opened in Dehradun. It entered the Indian market in 2017 with just brick-and-mortar stores in Delhi and Mumbai and in due course made an e-commerce presence in metro cities of India. 

Bestsellers sneakers by Onitsuka Tiger with Price (Official website price)

• ULTIMATE 81 EX – Rs 15,500 : Made with advanced technology and modernization through alternative cushion holes below the heel to improve overall performance and stability. 
• SERRANO CL – Rs 12,500 : Soft leather and high-density Japanese polyester of upper and two-layer midsole for elasticity through material that increases cushioning. 
• MEXICO 66 PARATY – Rs 9,000 : A summer-friendly and lace-free style made with natural fibre for the upper and rubber soles. The convertible print presents a two-in-one appeal and casual comfort.
• SERRANO – Rs 10,500 : The suede texture and padded tongue with accenting heel give comfort in performance. It has a nylon lightweight upper and texture rubber outer sole. 

9. Under Armour

An American sportswear company founded in 1996 that produces footwear and apparel. The brand gained attention through a front-end photo of Oakland Raiders quarterback Jeff George wearing an Under Armour mock turtleneck. It is an investor, marketer and distributor of branded athletic products. 

This sneaker brand in India has 40 stores within malls and stands alone as well. It propagates to expand its market in metropolitan cities like Hyderabad, Chandigarh, Pune, Ahmedabad, Surat, Lucknow, Ludhiana, and Jaipur apart from Delhi, Mumbai and Bangalore.

Best-selling Sneakers by Under Armour with Price (Official website price)

• UA Charged Phantom Spikeless Shoes – Rs 10,799 : It has a spikeless outer sole for flexibility and is lightweight. Included never-wet treatment for water resistance along with a knit upper supporting golf swing.     
• Unisex Curry 11 'Girl Dad' Basketball Shoes – Rs 16,999 : The eye-catching 3D molded TPU and forefoot Pebax plate for amplified fit and support along with flexibility. It has UA flow dual density flow and internal midfoot shank for being light weighted, stable and give lateral support. 
• UA HOVR Apparition Shoes – Rs 13,499 : Comprises synthetic overlays with sock line comfort for support and durability. 

10. New Balance

A sports footwear and apparel manufacturer based out of Boston, founded in 1906. It stands out in the sneaker market due to the advanced technology used like blended gel inserts, heel counters and plus sizes. New Balance re-entered the Indian market in 2016 and opened its first store in Noida, Uttar Pradesh. The balanced mix between sports and culture makes the brand more popular among the younger demographics. 

The sneaker brand had increased its sales by 23 percent reaching to $6.5 billion in FY23. 

Best Selling Sneakers by New Balance with Price 

• New Balance unisex-adult Bb550 Casual Shoe – Rs 9,099 :  It has a leather upper, adjustable lace and rubber outer sole for flexibility, durability and Closure. 
• New Balance men 574 Sneaker – Rs 6,499 : It comprises EVA form cushioning and ENCAP for light weight, durability and all-day support. 
• New Balance Unisex-Adult 574 Athletic Grey (053) – Rs 5,999 : EVA foam and heel cushioning comfort with ENCAP middle sole with durable polyurethane rim. 

In Indian Retailer's eye, these top 10 sneaker brands in India stand out in the market due to their various qualities from technology to durability to providing comfort to consumers. The Indian sneaker market is on the rise with various categories and styles fulfilling the demands of consumers. This guide provides top best sellers and the most popular listing of top sneaker brands in India to help you decide effectively and efficiently. 

FAQs on Top Sneaker Shoe Brands in India

1. Which is the best sneaker shoe brand in India? Nike, Adidas and Puma are the top three sneaker brands in India. 

2. Which is the highest-selling sneaker brand in India? Nike is the most selling sneaker brand in India, followed by Adidas, Puma, Reebok and Skechers.

3. Best Quality Sneaker brands in India? Adidas ranks the highest followed by Asics, Converse, Onitsuka Tiger and Under Armour.

4. What type of sneakers are best for everyday wear? The running shoe type of sneakers are best for everyday casual wear.

India’s jewelry retail sector has witnessed a remarkable growth trajectory, expanding from $50 billion in 2018 to an impressive $80 billion in the financial year 2024, according to a report by Motilal Oswal Financial Services. Projections indicate that the market will continue to grow at a compound annual growth rate (CAGR) of 15-16 percent, reaching a staggering $145 billion by FY28. This substantial growth can be attributed to several key factors.

Drivers of Growth

Rising Disposable Income

One of the primary drivers behind the rapid expansion of the jewelry market in India is the increase in disposable income among the population. As more people experience higher earnings, their purchasing power increases, leading to greater spending on luxury items, including jewelry.

Improving Mix for Regular Wear

There has been a notable shift in the jewelry market with an improving mix for regular wear. Consumers are now more inclined to purchase jewelry for everyday use rather than reserving it solely for special occasions. This shift has broadened the market, creating a steady demand for diverse jewelry pieces.

Enhanced Product Offerings

Jewelers are continually innovating and enhancing their product offerings to attract a broader customer base. This includes a wider range of designs, the incorporation of diamonds, and other precious stones. The focus on variety and quality has made jewelry more appealing to consumers across different demographics.

Government Regulations and Trust Building

The implementation of mandatory hallmarking by the government has significantly boosted consumer trust in the jewelry sector. Hallmarking ensures the purity and authenticity of gold, which has led to increased confidence among buyers, thereby driving sales.

Better Buying Experience at Organized Retail Outlets

Organized retail outlets have revolutionized the jewelry shopping experience in India. These stores offer a more professional and reliable buying environment compared to traditional local jewelers. Enhanced customer service, better ambiance, and transparency in pricing have contributed to the popularity of organized retail.

Market Composition and Challenges

Dominance of Unorganized Sector

Despite the growth of organized retail, unorganized and local players continue to dominate the market, accounting for 62-64 percent of the retail segment. The sector comprises over 500,000 local goldsmiths and jewelers. Bridging this gap remains a significant challenge for organized retailers.

Gold Consumption Patterns

India’s gold consumption is split between jewelry (66 percent) and bars and coins (34 percent). The country’s gold supply is predominantly driven by imports, which have experienced notable fluctuations. Gold imports reached 980 tonnes in FY19 before declining to 720 tonnes in FY20 due to rising import duties and an economic slowdown.

Regional Insights and Consumer Preferences

Top States for Organized Retail

Tamil Nadu, Maharashtra, Karnataka, West Bengal, and Uttar Pradesh are the leading states for organized retail jewelry stores in India. These states have seen significant growth in organized jewelry retail due to their large, affluent populations and strong cultural affinity for gold.

Occasions and Demand Segmentation

Weddings and festivals are the primary occasions for jewelry purchases in India, with bridal jewelry accounting for a significant 55 percent of total demand. Bridal jewelry remains a crucial segment, with families often investing heavily in gold and diamond pieces for weddings.

The market for daily wear jewelry is also substantial, accounting for 30-35 percent of the Indian jewelry market. Younger consumers, especially those inclined towards Western-style attire, prefer lightweight, versatile pieces that can be worn daily.

Fashion jewelry contributes nearly 10 percent to the market. This segment appeals to consumers looking for trendy, affordable alternatives to traditional gold and diamond jewelry.

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Product Segmentation

In terms of product segmentation, bangles and chains dominate domestic jewelry consumption, making up 60-70 percent of total sales. These items are preferred for daily wear by women across India. Necklaces account for 15-20 percent of sales, with demand peaking during special occasions such as festivals and weddings. The remaining 5-15 percent of sales are attributed to rings and earrings, which are popular as both daily wear and gifts.

• jewellery market
• Retail industry

Greens, purples, reds, ash blondes, oranges – these are the new-age hair shades that are ruling both the Indian and global markets. While these unconventional colors may seem suited only for metropolitan audience, they have seeped through the length and breadth of the country. One such hair color brand, Streax Professional, recently launched new shades in their Hold & Play Funky Colours series, after a careful market research that revealed that Indians were ready to experiment with their mane.

Streax Professional burst onto the scene in 2004 thanks to the visionaries at Hygienic Research Institute (HRIPL). Over the years, it's become the go-to brand for savvy Indian stylists and consumers, dishing out cutting-edge products crafted just for Indian hair. With a rock-solid distribution network and a sizzling product lineup, the brand is leading the professional haircare revolution, hooking up with over 40,000 salons in India and beyond.

HRIPL is known for its top-notch quality, innovative spirit, and customer-first mantra, and has morphed from a single-brand wonder into a multi-brand, multi-category giant backed by private equity. HRIPL’s star-studded lineup includes big names like Vasmol, Streax (retail), and Streax Professional, along with Florozone for skin care. Their manufacturing prowess spans six locations, all upholding international quality standards.

Speaking with IndianRetailer, Neha S Bhattacharyya, General Manager Marketing, Streax Professional, shared her insights into the brand's journey and its unique market positioning. "We are not just a pan-India brand; we are also present across various countries, including the Middle East, Nepal, Bangladesh, and the broader Indian subcontinent," she explained. "Our journey started very humbly in 2004 with around 100 salons in the first year. Over the years, we have built a strong distribution network, and today we partner with more than 40,000 salons in India and internationally."

Catering to Professionals

Streax Professional focuses exclusively on catering to salon professionals, offering a range of products designed for professional use. "The Funky Colors are part of the Streax Professional range and are meant for salon use," Bhattacharyya noted. "In retail, we have different brands, including Streax and Vasmol, which are designed for end consumers to use directly."

The brand's primary markets have historically been stronger in the north and west of India, followed by the east. "We have more ground to cover in the south," Bhattacharyya acknowledged. "Internationally, while we have a presence in the Middle East, there is room for us to grow even further and venture into markets in the US and Europe through online channels."

Understanding Indian Hair

One of the key differentiators for Streax Professional is its deep understanding of Indian mane. "Our research begins with Indian hair," Bhattacharyya explained. "The very genesis of our products starts with understanding the requirements of this hair. The research is conducted with Indian water and Indian hair, ensuring that our products deliver effectively. This approach sets us apart from other brands that may develop products internationally and then adapt them to the Indian market."

This commitment to understanding Indian hair is reflected in the brand's product formulations, which are designed to meet the specific needs of Indian consumers. "Whether it's the long-lastingness of the hair color, the smoothness and softness of the hair, or the color upkeep, our products are designed to cater to these key parameters," she added.

Product Inventions

Innovation is at the heart of Streax Professional's growth strategy. The brand continuously expands its product range to meet the evolving needs of salon professionals and their clients. "This year, we've launched new products, including expanding our color range with two exciting shades - yellow and orange - within the Funky Hair Colors range," Bhattacharyya revealed. "These shades encourage salon professionals to elevate their artistry levels and create new looks for their customers."

Additionally, the brand has introduced a Yellow Deleted! Purple shampoo designed to reduce brassiness or yellow undertones in hair color. "This product helps achieve cooler shades, which are increasingly popular, and maintains the tone of blonde hair for longer," Bhattacharyya explained. "It can also be used by those with salt-and-pepper hair to keep a fresh look without coloring."

The brand's commitment to innovation extends to ensuring the health of the hair. "All our shampoos are now formulated without parabens and sulfates, including our yellow-neutralizing Yellow Deleted! Purple shampoo," she noted. "These formulations are designed to care for hair even with frequent coloring and styling."

Future Trends

Looking ahead, Bhattacharyya predicted a rise in the popularity of cooler shades in the Indian market. "Shades like ash blonde and silver blonde, which have been popular in the western world, are gaining traction in India," she said. "Additionally, hair coloring techniques like Balayage and Money Piece highlights that are becoming more popular."

To support these trends, Streax Professional ensures that its products are available both at salons and through e-commerce platforms. "While our products are not available at retail counters, they can be purchased online through platforms like Nykaa, Purplle, and Amazon," Bhattacharyya explained.

As for the future, the company is focused on continued innovation and market expansion. "We have a robust innovation pipeline and are always working on new products, some planned for two or three years down the line," Bhattacharyya shared. "We are also looking at expanding our market reach, both geographically and through different customer segments."

With a target of increasing its salon partnerships from 40,000 to 75,000, Streax Professional is poised for significant growth. "The serviceable salon market in India is around 75,000, and we aim to be there soon," Bhattacharyya concluded. "Our journey of innovation and expansion continues, driven by our commitment to understanding and meeting the needs of Indian hair."

• hair colour

India's home and interior market is witnessing significant growth, reaching approximately Rs 2.4 trillion ($29.5 billion) in 2023. The indoor living product segment dominates, holding around 41 percent of the total market share. Several key factors are driving this expansion, including rising disposable incomes, urbanization, and a booming real estate sector, all contributing to the increased demand for premium home furnishings and improvement products.

Market Trends and Consumer Preferences

According to the Praxis Global Alliance report, the real estate surge has significantly shaped consumer behavior, with a growing emphasis on quality, aesthetics, and technological advancements in home decor. Modern consumers are prioritizing self-expression and comfort in their home design choices, leading to a noticeable shift towards minimalist and maximalist design trends. Warm color schemes, indoor plants, and eco-friendly materials have become especially popular.

In response to changing consumer preferences, the market has adapted by enhancing consumer engagement efforts. Companies are using social media and e-commerce platforms to connect directly with consumers and create personalized brand experiences. Many businesses are adopting omnichannel strategies, integrating online and offline channels to provide a seamless shopping experience. Premiumization remains a dominant trend, marked by innovative product offerings, smart home solutions, and sustainable materials.

The Role of E-commerce and Digital Innovations

The thriving e-commerce industry, driven by increasing internet penetration and reliance on smartphones, tablets, and laptops, is a key factor propelling the market's growth in India. Leading players in the country are focusing on visually attractive online product displays and aggressive promotional campaigns to expand their consumer base. They are also offering customization options, enabling customers to request specific materials and colors of furniture upholstery to match their home decor. This approach has significantly enhanced consumer engagement and satisfaction, driving further market growth.

The Government of India is introducing campaigns like Make in India to minimize exports and encourage domestic manufacturing of home furnishings, thereby offering employment opportunities. Additionally, the government is implementing the Amended Technology Upgradation Fund Scheme (ATUFS) to catalyze capital investments for technology upgradation and modernization of the textile industry. These initiatives, along with rising foreign direct investment (FDI) in the textile sector and growing demand for bath and table linen, are driving market growth across the country.

Export and Import Patterns

India's home and interior exports have grown at a compound annual growth rate (CAGR) of 12 percent from 2017 to 2022, while imports have increased at a CAGR of 2 percent during the same period. This strong export growth reflects the rising global demand for Indian home and interior products, while the modest growth in imports indicates a robust domestic production capability.

Future Growth Outlook

The Indian home and interiors market is projected to reach ~$48.1 billion by 2028. The home furnishings segment is expected to grow the fastest, at a CAGR of 11.4 percent from 2023 to 2028, while services are anticipated to grow at a CAGR of 9.8 percent during the same period. Continued urbanization, evolving consumer preferences, and technological advancements will drive this growth. Brands are increasingly focusing on omnichannel strategies and niche product segmentation to cater to diverse consumer needs and preferences.

Key Growth Factors

Several factors are driving the growth of the home and interiors market in India:

• Higher Disposable Income: The increase in GDP per capita (from $1.3K in 2010 to $2.6K in 2023) has led to greater demand for high-quality products.
• Real Estate Sector Expansion: Metro cities have experienced a ~20 percent increase in project launches in 2023 compared to the previous year, boosting demand for home improvement and furnishing products.
• Shorter Renovation Cycle: The average renovation cycle has decreased from 15 years to 10-12 years, driven by evolving family needs and a growing desire to incorporate new trends.
• Increased Trust in Professionals: Customers are increasingly seeking professional services such as design consultants and 3-D design model visualization, enhancing trust and reliance on these services.
• DIY Trends: The rise in DIY trends has increased demand for unique products like decorative paints and DIY tools.
• Young Consumers: Younger customers are shifting from a product-focused to a design-focused mindset, leading to higher spending on premium products as aesthetics are prioritized.
• Luxury Home Furnishings: There is a rising demand for luxury home furnishings, driven by increasing disposable incomes and a growing number of households.

Competitive Landscape

India's home and interior market is characterized by a diverse range of players competing for market share. Established brands leverage their strong distribution networks and brand recognition, while newer entrants focus on innovation and niche product offerings to carve out their market presence. E-commerce platforms have democratized access, allowing smaller brands to reach a broader audience and compete effectively.

Consumer Trends and Preferences

Indian consumers are engaging in home makeovers more frequently, driving the home renovation market to an estimated $14.3 billion by 2027. Purchase decisions are becoming more collective, with all family members participating in the process. Millennials, in particular, view home furnishing as a collaborative effort. For example, the mattress replacement cycle has shortened from 10 years in 2010 to 7.7 years in 2022.

Brand Innovations and Experience Centers

Several brands have introduced innovative concept stores and experience centers to enhance customer engagement:

• Hindware: Launched 'Lacasa' concept stores in Delhi, Kochi, and Chennai to showcase its premium brands.
• Fabindia: Unveiled unique experience centers featuring wellness centers, design studios, and cafes all under one roof.
• Merino Laminates: Opened 10 experience centers across India, presenting all its brands in a single retail space.
• Pottery Barn: Opened flagship stores in Delhi and Mumbai.
• West Elm: Partnered with Reliance Brands Limited to launch stores in Mumbai and Gurugram.
• Kohler: Established experience centers in Delhi, Mumbai, and Bangalore.

The Indian home and interior market is undergoing a significant transformation, driven by rising disposable incomes, urbanization, and evolving consumer preferences. The market is characterized by a shift towards premiumization, sustainability, and omnichannel retailing. As the market continues to grow, brands are increasingly focusing on innovation, customer engagement, and product differentiation to remain competitive. The thriving e-commerce industry, government initiatives, and rising demand for luxury and personalized home furnishings further strengthen the market. With promising growth prospects, the Indian home and interiors market is poised to become a significant player on the global stage.

• retail interior.

Envision a retail environment where retailers anticipate your needs before you enter where checkout queues are obsolete and where each interaction feels customized just for you. Cloud computing is enabling this futuristic retail vision so it is not just a pipe dream. Cloud technology has become the cornerstone of retail innovation in an era where customer-centricity, speed and agility are paramount. 

Reliance Retail, Flipkart, Tatacliq, and Myntra use FnydxGoogle cloud, AWS solutions and Microsoft Azure for cloud computing services for optimal supply chain operations, extensive inventory, supply chain management, combining data for offline and online retail and enhanced customer experience. The public cloud market revenue is expected to reach $10.05 billion by the end of 2024 along with a 24.20 percent CAGR of revenue, generating a market volume of $29.70 billion by 2029. Over and above it is predicted to pitch in between $450-500 billion to India’s GDP by 2025. 

What is Cloud Computing, and Why is it Relevant for Retail?

The data storage, networking, servers and computing power all are a part of cloud computing. This service is provided by ordering IT solutions over the Internet which is managed by the cloud service provider. 

The retail industry is evolving in online as well as offline landscape realising the importance of cloud computing in various functions of retail businesses. Managing tools, sales, consumer behaviour, cyber-attacks, historical trends and improving the overall experience of a business are the key features of using a cloud computing service. 

There are various advantages of cloud computing in retail starting from maintaining ups and lows in demand without excessive investment, paying for just those services that are being used and catering to security aspects. Using cloud computing in retail has helped in e-commerce, inventory, customer relationship management and Omnichannel integration.

 In recent times AI has been adopted by cloud computing service providers. The combination of GenAI and the cloud is bringing advanced security, scalability, data usability and cost-efficiency for Indian-based start-ups.  AWS (Amazon Web Services) has started to work with Indian start-ups to make them reach global lengths. E-commerce logistics unicorn Shiprocket is working with AWS product leaders to focus on GenAI customers to grasp technology in a cost-efficient and practical manner. 

What are the Three Types of Cloud Computing?  

1.    SaaS (Software as a service) There is no need to have hardware. This is a cloud service over the internet as per the subscription bases. Can be accessed anywhere and is made and managed by a service provider. 

Used for: Email services, CRM, ERP (enterprise resource planning) and collaboration tools.  Provider: Microsoft Office 365, HubSpot, Trello and Salesforce. 

2.    IaaS (Infrastructure as a service) The virtual resources services provided are storage, virtual servers, infrastructural components and networking features (virtual or hardware). The provider is responsible for creating the subscribed features.  Used for: Data storage, hosting website, backup, building and examining applications and top performance computing Provider: Microsoft Azure, Google Cloud Platform, IBM Cloud and Alibaba Cloud 

3.    PaaS (Platform as a service) Infrastructural, middleware, building tools, business intelligence services and database system series of functions are enabled in hardware and software tools over the internet.  Used for: microservices, testing, developing and deploying applications, combining data bases and automatic workflow analysis. 

Provider: Google Cloud, AWS, Red Hat OpenShift and Microsoft Azure

Top three Companies for Cloud Computing in India

AWS (Amazon Web Services) Caters to all three types of cloud computing (Saas,Iaas and PaaS) without outspoken investment, long-term commitment and adjusts demand according to the business. The serverless cloud function provides a focus on assembling the operations, scaling and managing structure. 

Microsoft Azure Azure serves IaaS and Paas modes of cloud computing. Security, ductility, hybrid capabilities, integrated Microsoft components, and identity and access management (IAM) are the key functions of the cloud company. 

Google cloud platform Services provided by google are computing, networking, storage and databases, AI and ML (Machine learning), big data, Identity and security and management tools. 

Benefits for Retailers

Pliability Cloud computing in retail adapts to trends and improves as per the customer's wants. Rise the competitive ladder in the retail industry by analysing purchase history, consumer interaction and behaviour. 

Storage management and security  One of the biggest advantages of cloud computing in retail is that security and storage can be managed from anywhere, anytime. Ensuring efficiency and consistency for retailers in huge amounts of data and preventing security breaches.

Costing This benefit of cloud computing is essential as these services are based on subscriptions also known as the pay-as-you-go model. It means a retail company can pay for the amount of resources required, reducing unnecessary investment in IT.

Escalate customer experience Utilising cloud services can help understand customer preferences, history, behaviour and trends for the retail brand. CRM tools enable retailers to gain knowledge about the customers and make improvements accordingly.

Challenges of Cloud Computing

Reliability In case of downtime or service outrages, there can be a direct impact on retail functions like loss in sales or customer discontentment. 

Issues in performance Limited information about networking and skills in cloud service can influence the performance of the retail business as well as the cloud computing company. 

Opportunities of Cloud Computing

Omnichannel  Cloud services can benefit retail businesses by combining different sales platforms like online and offline presence. Ensuring customer consistency and better experience. 

Expansion Cloud computing in retail benefits the company to go global, and expand in different markets without spending on physical investments. 

In Indian Retailers last word there are various benefits of cloud computing in retail starting from inventory to cost efficiency and going beyond expansion without any hardware investment. Cloud computing services are reshaping the retail industry through advancements in technology and AI mitigating risks and revolutionary approaches. The options in cloud services are making it easier for retailers to opt for the suitable one and enhance the companies in various magnitudes. There is a growing demand for cloud computing in India for retail in optimizing, enhancing effectively managing the data, pricing and inventory keeping up with the trends. 

How can cloud services help start-ups and small businesses? The service provided by cloud computing companies enables opportunities to access information and gather data anytime, anywhere.

What are the benefits of using cloud computing services for retail business? These are the benefits of using cloud services in retailing Pliability Storage management and security  Costing Escalate customer experience

Where is cloud computing used? These are some of the places where cloud service comes in use. Backup, email, software development and testing, customer experiences and demands and data recovery.

Is cloud computing service free of cost? The service of cloud computing is as per the subscription chosen.   

• retail business
• Cloud Computing
• indian retail

Finding a stylish yet affordable watch in India could not have been made easier than by the countless brands that cater to style-conscious as well as the budget-savvy customer. Be it a classic timepiece for everyday wear or a chic arm candy to glam up your look, India's watch market has it all - quality, durability and affordability. In this article, we introduce the top 10 affordable watch brands in India which have proven their stamp on these three counts. Right from trusted names like Titan and Sonata to new emerging ones such as Fastrack and Chumbak, these brands provide an array of diverse designs catering to every taste and occasion. So read on and find your perfect watch that matches your personality without burning a hole in your pocket.

Here’s a list of top 10 affordable watches from leading brands, highlighting their histories, standout models, and what makes each one unique. Prepare to be amazed by the diversity and value these timepieces offer.

Establishment Year: 1854 

Founders: Waterbury Clock Company 

Most Affordable Watch Series: Timex Weekender 

Price Range: Rs1,000 - Rs3,000 

Best Fit: Men and Women 

Brand Value: Timex is renowned for its timeless appeal and innovative designs. 

The first one to vie for our attention is the iconic Timex Weekender – a tribute to timeless class and consistent dependability. It was originally founded in 1854 its origins can be traced back to Waterbury Clock Company known for its quality timepieces including the world-famous Timex brand. The Weekender starts at Rs 1,000 and goes up to Rs 3,000, making it a go-to for everyone, further proving that it caters to men and women. This lack can be explained by three features: the absence of numerous complications on its face, the presence of a minimalist dial, and the availability of leather or nylon straps as an option. It, however, receives very many accolades for its great value and durability that gives it an everyman wristwatch status.

Specifications: 

Quality: Durable and reliable, Timex watches are built to last.

Material: Typically features leather or nylon straps, and brass or stainless steel cases.

Style: Classic, casual, and elegant designs.

Dial Design: Simple, clean, and easy-to-read dials.

2. Fastrack

Establishment Year: 1998 

Founders: Titan Company Limited 

Most Affordable Watch Series: Fastrack Casual 

Price Range: Rs 700 - 2,500 

Brand Value: Fastrack is synonymous with youthfulness and trendy designs. 

The Fastrack Casual Analog Black Dial Men’s Watch comes next, which is a brand that came into existence in 1998, under Titan Company Limited. The brand name Fastrack resonates with the vibrancy of youth and upcoming fashion trends that symbolize a spirit to play and explore. Costs range from Rs 700 to 2,500 this is a perfect watch for the modern day active man. Its build is tough, incorporating silicone, leather, as well as metal to guarantee that it endures usage every day. The design they like most is its dial simple yet highly provocative making it the best brand ever of Fastrack known for being trendy and tough.

Quality: Reliable and trendy, suitable for daily wear.

Material: Often uses silicone, leather, and metal.

Style: Sporty, casual, and vibrant.

Dial Design: Bold and innovative dials.

3. Casio (Youth Digital Series)

Establishment Year: 1946 

Founders: Tadao Kashio 

Most Affordable Watch Series: Casio Youth Digital 

Price Range: Rs 1,000 - 3,500 

Best Fit: Men 

Brand Value: Known for technological innovation and digital precision. 

The Casio Youth Digital AE-1200WH is a marvellous piece produced by Casio, which was founded in 1946 by Tadao Kashio. This has made Casio’s Youth series of calculators to be among the most popular in the market given their technological value. Priced within the Rs 1,000 to Rs 3,500 range, this levitating digital marvel is for the man who can embrace the new-century utility. Innovatively it comes with a complex digital display, which is enclosed in hard-cast resin and steel with backlights, World Time, and Tachymeter. Both tech enthusiasts who would like to test its versatile functionality, as well as outdoor enthusiasts, have received the device’s expansive capabilities and sturdy construction well.

Quality: High precision and durability.

Material: Resin, stainless steel.

Style: Modern, functional, and sporty.

Dial Design: Digital displays with multiple features.

Establishment Year: 1997 

Most Affordable Watch Series: Sonata Classic 

Price Range: Rs 500 – Rs 2,000 

Brand Value: Sonata stands for trust and affordability. 

Since the year 1997, Titan Company Limited has owned Sonata and the Analog White Dial Men’s Watch is available under its series. People know Sonata as an incredibly cheap and diverse food place. The affordable range of the model costs from Rs 500 up to 2000 which meets the demand of masculine everyday watch wearers. This watch is very fashionable because its watch face and dials are clean, and the materials used in making such as steel and leather ensure that it can be worn with any outfit. It is here that customers trust and Sonata admirably provides at its affordable prices further solidifying its cornerstone position within the bandwidth.

Specifications:  

Quality: Reliable and budget-friendly.

Material: Stainless steel, leather, and synthetic.

Style: Classic, formal, and casual.

Dial Design: Elegant and straightforward.

Establishment Year: 1984 

Founders: Tata Group and Tamil Nadu Industrial Development Corporation 

Most Affordable Watch Series: Titan Raga (for women), Titan Workwear (for men) 

Price Range: Rs 1,500 - 5,000 

Brand Value: Titan is a symbol of luxury and reliability. 

That stunning piece is the Titan Raga Analog Pink Dial Women’s Watch, the Titan’s jewel was established in 1984 by Tata Group and Tamil Nadu Industrial Development Corporation. Titan is a synonym of gentle and classy and Raga – the series in the price range of Rs 1,500 to Rs 5,000 corresponds to the name. It is designed for ladies and it merges fashion with functionality incorporating materials like leather and steel. The appearance of its dial, which is fashionable and may include stone decorations, makes it an object of people’s desire. Lovers appreciate its scrubs’ elegance and their durability, it is truly a breath of fresh air for any Listerine collection.

Quality: Superior craftsmanship and long-lasting.

Material: Leather, stainless steel, and gold-plated.

Style: Elegant, formal, and contemporary.

Dial Design: Sophisticated and chic.

Establishment Year: 1996 

Founders: Pooja Watch Company 

Most Affordable Watch Series: Maxima Attivo 

Price Range: Rs 500 - 2,000 

Brand Value: Known for its affordability and reliability. 

Maxima from the Pooja Watch Company that started in 1996 offers the Attivo Analog Men’s Watch. Maxima products are tested, well-built, and at the lower price point as befitting a company with a strong local presence. The Attivo comes from Rs 500 to Rs 2000, matching the price for an average daily driver and a more rugged style. They are neither overly stylish nor chunky, with stainless steel watches cases and leather straps. Lauded for their cheap price and well-done executions, Maxima watches are functional and sought-after.

Quality: Durable and budget-friendly.

Material: Stainless steel and leather.

Style: Classic and sporty.

Dial Design: Simple and functional.

Establishment Year: 2011 

Founders: Timex Group 

Most Affordable Watch Series: Helix Spark 

Price Range: Rs 800 - 2,500 

Brand Value: Helix combines modern designs with affordability. 

Something that’s colorful and could also double as both a casual and professional watch, that’s Helix by Timex. Bright colors and multifunctional panels will suit the active, youth audience perfectly. It is important to mention that Helix is one of the brightest representatives of the budget segment of watches. Helix which has existed as a contemporary branch of the Timex Group since 2011 offers the Spark Analog White Dial Men’s Watch. The watch comes at an affordable range of Rs 800 to Rs 2,500, and it is for the class male, the strong and the stylish. The feature of the dial that is built with considerable risk and modern outlook, its look combining leather and stainless steel is praised. Young customers especially enjoy the colourful outlook of the item and the attainable costs.

Quality: Stylish and durable.

Material: Leather, stainless steel, and silicone.

Style: Trendy and vibrant.

Dial Design: Bold and colorful.

8. Joker & Witch

Foundation Year: 2015

Founders: Satish Singh and Maya Verma

Most Affordable Watch Series : Joker and Witch Originals

Price Range: Rs 1,400 - 5,000

Best Fit: Men and Women

Brand Value: Joker and Witch is famous for its quirky and fashionable designs.

From the brains behind Joker and Witch, founded in 2015 by Satish Singh and Maya Verma, Swiss precision with playful aesthetics - that is Swatch for you. Priced between Rs 1,400 and Rs 5,000 - this range of watches were always meant for the young at heart. The use of plastic and silicone along with quirk dials made for eye ball grabbing designs. Just right to show off the most representative piece from your watch collection. Its fashion forward style & dependability has had it's takers no doubt.

Specifications:

Quality: High Quality along with some new innovative designs.

Material: Plastic, silicone and stainless steel.

Genre: Funky and artistic.

Dial Design: Creative and unique

9. GIORDANO

Establishment Year: 1981

Founders: Jimmy Lai

Most Affordable Watch Series: GIORDANO Casual watch

Price Range: Rs 2,000 - 5,000 

Brand Value- GIORDANO is known for its stylish yet affordable products.

Giordano is known for its trendy and modern designs which help the brand building. Founded by Jimmy Lai in 1981, Giordano is a blend of Swiss precision and trendy designs to create unique watches. The price range for this brand starts from Rs 2,000 to Rs 5,000 which is pretty affordable. The blend of plastic and silicone gives the watch an innovative look, but it’s the dial that really makes heads turn.

Quality: High quality with innovative designs.

Material: Plastic, silicone, and stainless steel.

Style: Funky and artistic.

10. Chumbak

Establishment Year: 2010 

Founders: Shubhra Chadda and Vivek Prabhakar 

Most Affordable Watch Series: Chumbak Printed 

Price Range: Rs 1,000 – 3,000 

Best Fit: Women 

Brand Value: Chumbak is known for its colorful and quirky designs. 

Last but not the least, Chumbak which was started in 2010 by Shubhra Chadda and Vivek Prabhakar has the Analog Women’s watch. The ideas behind the creation of the Chumbak are quite stunning and its usage of colours and designs on accessories can be described as eccentric. Depending on the model it costs from Rs 1000-3000 which makes this watch suitable for the women who does not want to stay unnoticed. Creative, stylish, and with emotional appeal, it uses silicone and leather in its designs. People enjoy how it looks in terms of patterns and colors, which is what gives it the appealing quality of putting fun in any outfit.

Quality: Fun and functional.

Material: Silicone and leather.

Style: Vibrant and artistic.

Dial Design: Unique and eye-catching.

The final decision:

At IndianRetailer, we find out that the perfect watch is all about balancing style, functionality, and personal flair. Dive into this selection, The Indian market is replete with affordable watch brands that cater to diverse tastes and preferences. Whether you are looking for a classic timepiece, a digital marvel, or a trendy accessory, these brands offer an array of options that combine quality, style, and affordability. From Timex's timeless elegance to Chumbak's quirky flair, there's something for everyone, making it easier than ever to find the perfect watch without breaking the bank. With these popular affordable watches, you don’t have to sacrifice quality for cost. Choose your favorite, and let your wrist do the talking with the best budget watch brands India offer.

FAQs on Top affordable watch brands:

1. Is Casio Watch a luxury brand?

Casio's brand positioning is unique, as it straddles multiple market segments. While it's primarily seen as a mass-market brand offering excellent value for money, certain premium collections, like the Oceanus or MR-G, cater to a more discerning clientele seeking luxury and advanced tech in their wristwear.

2. How much is the cheapest Rolex?

Even the cheapest Rolex watch will cost around $5,000. Rolex is a luxury watch brand, so while collectors pay to wear a brand name, they also pay for quality Swiss craftsmanship designed to remain in perfect working condition for generations.

3. What makes a cheap watch?

Affordable watches tend to be more mass-produced ones, as opposed to handcrafted timepieces that are often part of the luxury market. If you are looking for a watch to wear every day that you don't have to worry too much about looking after, then the affordable watch market might be the best option.

4. Which watch shape is best?

Round-faced watches sell better than square-faced most probably because of psychological reasons that is people's semantic notion of what a watch should look like.

5. Which display is good for watch?

Since AMOLED screens can selectively light up pixels, they are more power-efficient than then LCD or TFT screen smartwatches. This helps conserve battery life and prolong the overall life of the watch.

• Citizen Watchs

With rapid technological advancements and evolving consumer preferences, ITC Ltd. is standing at the forefront of driving change and innovation. The company's ITC Next initiative is a testament to its commitment to building structural competitiveness and creating sustainable value. ITC's strategic initiatives showcases its vision for a future-ready enterprise, highlighting the significant strides made in supply chain optimization, digital transformation, sustainability, and market expansion.

Building Structural Competitiveness

ITC's commitment to structural competitiveness is exemplified by its focus on agile, resilient, and efficient supply chains. The company's renowned brands derive their competitive edge from high-quality offerings, extensive agri-value chains that benefit millions of farmers, and a state-of-the-art, digitally enriched manufacturing and distribution infrastructure. This strategic approach ensures that the company not only meets but exceeds market expectations, fostering a robust and responsive supply chain network.

State-of-the-Art Manufacturing and Logistics

Significant investments in Integrated Consumer Goods Manufacturing and Logistics facilities have provided ITC's FMCG businesses with structural advantages. These investments ensure product freshness, enhance agility and responsiveness, and reduce the cost of servicing proximal markets. The omnichannel distribution infrastructure, reaching over 250 million households in India, underscores ITC's expansive market penetration and its ability to cater to diverse consumer needs effectively.

Mission DigiArc

Central to ITC's vision of becoming a Future Tech Enterprise is 'Mission DigiArc’, a next-generation smart digital architecture anchored in a 'digital first' culture. This initiative accelerates digital adoption across all business and value chain nodes, transforming operations from product development and smart sourcing to smart supply chains and real-time brand engagement and marketing. Embedded with cutting-edge AI/ML technologies and featuring Centres of Excellence in Industry 4.0, Advanced Analytics, and Data Sciences, Mission DigiArc positions ITC as a leader in digital innovation.

Embracing Sustainability 2.0

As part of ITC Next, the company has embraced a bold new Sustainability 2.0 agenda, reimagining sustainability in response to the challenges of climate change and social inequity. This agenda promotes inclusive strategies that support sustainable livelihoods, pursue innovative climate change solutions, transition to a net-zero economy, ensure water security for all, and create a circular economy for post-consumer packaging waste. ITC's products are progressively embedding purpose, driving social action through the power of its brands, and reinforcing the company's commitment to national priorities and sustainability leadership.

FMCG Strategy

ITC's FMCG businesses are well-positioned for rapid growth under the ITC Next strategy, which focuses on a 4P approach: fortifying and scaling mega brands, leveraging power brands to address value-added adjacencies, crafting future categories, and premiumization. This strategy includes greater market penetration through an omnichannel approach, personalization to meet diverse consumer needs, and building purpose-led brands. ITC is also pursuing value-accretive acquisitions, joint ventures, and collaborations to accelerate growth.

Enhancing Rural Market Coverage

In rural markets, ITC continues to deploy market-specific interventions based on socio-economic indicators and market potential. Supported by a hub-and-spoke distribution model and an expanded rural stockist network, which has grown by 1.3 times over the last two years, ITC leverages synergies from its deep rural connect through its agri business. Extensive consumer activations and market development activities in high-potential rural areas have significantly enhanced ITC's product distribution reach, leading to sales growth substantially ahead of the industry.

Leveraging Technology for Market Expansion

Automation, data-led insights, and machine-learning solutions drive field-force productivity and performance across urban markets. Emerging technologies like Generative AI automate operations and increase efficiency. Customized servicing based on outlet potential and retail engagement programs stimulate demand for ITC's products, with a focus on premium grocery outlets. Specific interventions, driven by sharp data analytics, promote premiumization in general trade outlets.

Smart Omnichannel Distribution Network

ITC's multi-channel distribution network ensures product availability in nearly seven million retail outlets, with over one-third serviced directly. This network was further strengthened with the addition of new markets and outlets, doubling the market coverage compared to pre-pandemic levels. The transformation of ITC's Trade Marketing & Distribution highway into a smart omnichannel network has been a pivotal development. The 'ITC e-Store’, an exclusive D2C platform, offers consumers on-demand access to a wide range of FMCG products across 45+ categories, receiving excellent consumer response. Category-specific D2C platforms like Classmateshop.com, Dermafique.com, Aashirvaadchakki.com, and Fiama.in provide valuable consumer insights and augment ITC's product franchise.

Digitally Powered eB2B Platform

The digitally powered eB2B platform, UNNATI, has been rapidly scaled up, covering nearly 700,000 outlets with a large number of retailers placing orders directly on the platform. ITC's distribution network remains pivotal in enhancing market presence, gaining valuable insights into consumer and trade behavior, and facilitating product launches across geographies. ITC executed over 100 new product launches across target markets and extended the distribution reach of several existing products in the portfolio.

Enhancing Operational Effectiveness and Productivity

Several interventions were undertaken to improve operational effectiveness and productivity, strengthening ITC's competitive advantage structurally. These include supply chain and network optimization, smart buying, efficient freight procurement, and direct shipments to customers. ITC continued to leverage an integrated planning and supply chain tool, powered by best-in-class algorithms, for inventory optimization and productivity enhancement, significantly improving supply chain agility and market servicing through enhanced forecast accuracy. The supply chain network was redesigned to enhance premium portfolio availability in both existing and target markets across urban and rural landscapes.

Real-Time Stock Monitoring

An IoT-based solution monitors stock movements in real-time, improving vehicle turnaround time and enhancing customer service through data analytics. This solution is part of ITC's continuous efforts to leverage technology for operational excellence and customer satisfaction.

Luxury is not just about opulence; it is about transforming lives. This principle has been the guiding force behind the creation of OMA, a premier destination for luxury home accessories in India. Munish Rishi, Business Head of OMA, shares, "At OMA, our journey began with a profound commitment to transforming lives. We recognized a significant gap in the Indian market for luxury home accessories and were driven by a desire to offer sophisticated and elegant home décor."

Inspired by the intricate blend of traditional Indian aesthetics with contemporary styles, OMA aims to cater to modern homeowners seeking quality and exclusivity. Each collection at OMA is a testament to fine craftsmanship, meticulously curated to embody the essence of luxury. "Our focus is on finely crafted, unique designs. We aim to carve a niche in the luxury home décor market, elevating the lifestyles of our customers through exceptional products," Rishi adds.

OMA's Approach to Luxury

OMA's dedication to excellence is unwavering. The team at OMA meticulously selects each item, collaborating closely with skilled artisans across Europe to create unique, handcrafted pieces. This commitment to quality is evident in every product they offer. "We use high-quality materials for durability and elegance, focusing on intricate details and fine craftsmanship. Our designs incorporate innovative and timeless elements, drawing inspiration from global trends while honoring Indian heritage," Rishi explains.

To ensure exclusivity, OMA offers limited edition pieces and frequently updates its collections to reflect the latest luxury trends. Rigorous quality control measures guarantee consistent excellence, making each OMA creation a testament to superior craftsmanship.

Signature Collections

OMA's collections are celebrated for their timeless elegance and impeccable craftsmanship. Each piece, whether a décor item, tableware, or unique lighting fixture, sets the highest standard in its category. "Our home décor blends traditional and contemporary styles, adding sophistication to any space. Our tabletop and bar collections combine functionality with luxury, crafted from premium materials for lasting beauty," Rishi highlights.

In bed and bath, OMA's plush towels and elegant accessories offer exceptional comfort and style. Unique lighting fixtures emphasize fine craftsmanship and innovative design, making a refined statement in any setting. By curating collections from the best parts of the world, OMA ensures every item reflects their unwavering commitment to superior craftsmanship and design.

The OMA- Zwiesel Glas Collaboration

In an exciting collaboration, OMA has partnered with  Zwiesel Glas, a renowned German brand that has perfected the highest standards of glassware for over 150 years. Known for their superior wine glass collections,  Zwiesel Glas aims to bring unparalleled luxury to Indian homes.

 Zwiesel Glas's journey began in 1872, with a foundation built on craftsmanship and innovation. Dr. Andreas Buske, Owner and Director of the Board of Zwiesel Kristallglas AG, shares, "From its foundation to today's world market leader, Zwiesel Glas has stood for a love of craftsmanship and design, as well as sustainability and innovation."

 Zwiesel Glas has revolutionized the glassware industry with innovations like the Tritan crystal glass set, which combines brilliance and strength. "Our commitment to sustainability is reflected in our production processes, using recyclable materials and regional raw materials to minimize environmental impact," Dr. Buske explains.

Blending Tradition with Modernity

OMA seamlessly blends traditional Indian aesthetics with contemporary luxury designs. Their collections, crafted in collaboration with global brands, reflect deep-rooted Indian sensibilities while meeting rigorous international design standards. "This fusion of cultural richness and modern sophistication has set new benchmarks in luxury home accessories, appealing to discerning consumers who value sustainable materials and versatile décor suitable for diverse interior styles," Rishi notes.

Adding on to the same,  Zwiesel Glas's superior wine glass collections are a result of merging craftsmanship with state-of-the-art technology. "The hybrid glass series 'Duo' combines machine-made functionality with handcrafted elegance, showcasing the perfect harmony of tradition and innovation," Dr. Buske highlights.

Maintaining Leadership in Luxury

Leadership in the luxury home accessories market is more than a goal at OMA—it's an enduring legacy. For over two decades, OMA has pioneered innovation and excellence, introducing iconic products that set new standards of sophistication. "Each product emphasizes high-quality craftsmanship and premium materials, blending traditional Indian aesthetics with modern styles," Rishi states.

OMA's strategy includes offering exclusive and unique items, strategically expanding its presence online and offline, and staying attuned to market trends. Collaborations with designers and artisans ensure that OMA continues to lead the industry with timeless elegance and innovation.

 Zwiesel Glas’s India Story

India is a significant market for  Zwiesel Glas. "We established our local representative office in 2012 to influence the culture of good quality glassware and extend institutional support to our valued customers in this region," Dr. Buske notes. The growing demand for luxury glassware, driven by urbanization and rising disposable incomes, makes India an attractive market for  Zwiesel Glas.

 Zwiesel Glas aims to achieve closer engagement with Indian customers, understanding their expectations on product lines and price points. "We are implementing a dual-brand strategy (Schott Zwiesel and Zwiesel Glas) in retail and focusing on B2C activities, building a strong online presence," Dr. Buske says.

Enhancing the Shopping Experience

Shopping at OMA is more than just making purchases; it's an immersive experience. Proform, renowned for their skill in crafting concept shops, has meticulously planned OMA's stores to evoke exquisite experiences. "Each physical site is designed to create an opulent and inviting ambiance, where customers can peruse our carefully chosen products amid interactive exhibits showcasing features and design ideas," Rishi describes.

OMA also prioritizes luxury and customer satisfaction online, with an intuitive and easy-to-navigate website. High-resolution images and videos showcase their products, accompanied by comprehensive information to aid in decision-making. "We offer communication through multiple channels, ensuring that every interaction with OMA online mirrors the same commitment to excellence found in our physical stores," Rishi adds.

Personalized Luxury

Personalization is central to OMA’s philosophy. Beyond carefully curated collections, OMA offers bespoke services such as personalized home staging, transforming spaces to embody individual taste and refinement. "This approach highlights artisanal craftsmanship, emphasizing the exceptional quality and uniqueness of our offerings," Rishi explains.

Exclusive events provide early access to new collections, while luxurious in-store experiences ensure each interaction with OMA is memorable and distinctive. "We maintain ongoing personalized communication to deeply understand and meet client needs," Rishi notes.

The Future of Luxury Glassware

The future of luxury glassware is evolving with a focus on sustainability, personalization, and design innovation.  Zwiesel Glas is committed to leading this evolution, collaborating with exclusive designers and launching unique, one-of-a-kind pieces. "Our goal is to create unique products that offer extraordinary experiences of enjoyment and community," Dr. Buske explains.

Maintaining a balance between rich heritage and modern needs is crucial for  Zwiesel Glas. "We strive to create unique products that reflect our manufacturing skill and craftsmanship, adapting to changing market needs while upholding the Made in Germany standard," Dr. Buske emphasizes.

The collaboration between OMA and  Zwiesel Glas brings together the best of both worlds—luxurious home accessories and superior glassware. This partnership not only enhances the offerings of both brands but also sets new benchmarks in the luxury home décor market in India.

OMA’s Retail Strategy

OMA's retail strategy is tailored to meet diverse customer needs. They strategically place stores in affluent areas with high consumer traffic and spending potential, based on thorough market research. "Our locations target affluent areas, ensuring a luxurious ambiance that enhances the premium shopping experience," Rishi says.

Flagship stores in major cities showcase the full range, complemented by strategic pop-up stores for seasonal promotions. With a strong e-commerce presence, OMA ensures nationwide accessibility while maintaining a consistent brand experience across all locations.

A New Era of Luxury

As OMA continues to expand its footprint in India and beyond, and  Zwiesel Glas strengthens its presence in the Indian market, the future of luxury home décor looks promising. Together, they are poised to transform lives, one exquisitely crafted piece at a time, offering a blend of tradition, innovation, and unparalleled elegance. "Our vision is to establish OMA as a hallmark of sophistication and excellence in every market we enter, fostering a legacy of enduring success and unparalleled craftsmanship," Rishi concludes.

• Home Decor & Furniture

As India accelerates towards becoming the third-largest retail market in the world, 2024 is further poised to be a transformative year for the industry. Driven by rising disposable incomes, rapid urbanization, a burgeoning middle class, and an increasingly digitally-savvy consumer base, the Indian retail sector offers a promising investment landscape for both domestic and global entities.

The retail market, this year, is set to witness a significant influx of international brands and foreign investments entering India and reshaping the country’s retail landscape. The demand from a new generation of shoppers for upscale brands is driving international retailers to actively seek partnerships and establish their presence in India. Additionally, the organized retail sector is expected to grow substantially here, with its market share projected to increase from 12 percent in FY 2021 to an estimated 20 percent in FY 2025. The luxury market is also on the rise, propelled by an increasing number of high-net-worth individuals (HNWI), the emergence of non-metro areas as luxury consumption hubs, and the growing popularity of luxury products.

Rise of Tier I & II cities

Smaller cities are taking the lead in the Indian retail success story in a post-pandemic world. In fact, the next phase of growth in the retail sector will be driven by Tier II and III cities as they witness a surge in demand for both physical stores and online shopping experiences. The increased purchasing power and a growing appetite for quality products, particularly among younger generations, are pushing retailers to expand beyond major cities. The franchise sector is also booming in these regions as established brands seek to capitalise on the growing market, explore new concepts and expand their reach. Overall projections indicate that by 2025, the Indian franchise industry will surpass $845.09 million. What is adding to the momentum is that online shopping is gaining traction in smaller cities, with most buyers coming from Tier II and III cities. These cities have become critical development hubs, attracting numerous major brands in 2023, a trend that is likely to continue in the future.

Innovating with Tech

India's retail sector is undergoing a technological revolution, with brands increasingly adopting technology to enhance in-store experiences. Innovations such as smart trolleys and electronic shelf labels are being introduced to make shopping more convenient. This drive for innovation extends to online shopping as well, where advanced checkout solutions are being created to reduce friction; these include AI chatbots, QR codes for contactless payments, and biometric security measures. The retailers are also embracing augmented reality (AR), virtual reality (VR), and mixed reality (MR) to create immersive experiences. These technologies are especially appealing to Gen-Z and millennial consumers who prioritize experiential spending. This is evident in the case of Titan Eye+’s interactive advertisement, which features a virtual image of a prominent Bollywood personality, engaging shoppers with style advice and interactive experiences. This year, we can expect to see more such consumer-facing, novel, and convenient technology solutions roll out and light up the shopping scene.

Generative AI Adoption Set to Surge

Generative AI is poised to become a core component of the Indian retail business strategy in 2024. According to TCS’ AI for Business Study, The vast majority of Retailers surveyed (93 percent) have AI implementations planned, in process, or already completed. Hyperpersonalised recommendations, virtual product trials, and seamless product discovery are just a few examples of how generative AI will enhance the shopping experience. Its impact on business operations is equally significant, aiding in inventory management, demand forecasting, and supply chain management. The retail industry is at a pivotal moment to intensify generative AI adoption, making it crucial for retailers to act now and capitalize on the transformative power of this technology, or risk falling behind their competitors.

Super Apps to Take Centrestage

The growing demand for one-stop solutions among Indian consumers and the potential of the digital commerce sector will have conglomerates and e-retailers vying for dominance in the super apps space in 2024. These all-in-one platforms simplify processes, improve customer engagement, and increase revenue opportunities by allowing users to make payments, book travel, order food, and access other services all within one platform. To maintain a competitive edge, super app players will increasingly collaborate with digital start-ups, service providers, and local vendors. Retailers must carefully evaluate these opportunities and build their presence in this competitive market strategically to optimize their services.

Hyperlocal Commerce and 15-Minute Delivery

India’s retail sector is experiencing a surge in online shopping, driven by a combination of factors including post-pandemic consumer spending and the rise of e-commerce. The contemporary Indian consumer is expected to significantly increase e-commerce subscriptions, emphasizing convenience, especially in rural areas. The rise of direct-to-consumer brands and quick commerce services, offering lightning-fast delivery to urban and rural areas, highlights the ongoing trend towards online shopping. In 2024, this shift, combined with AI advancements and India’s thriving start-up ecosystem, will drive new last-mile delivery models focused on cost-efficiency, hyperlocal commerce, and rapid delivery times, with some services promising doorstep delivery in as little as 15 minutes. This not only revolutionises last-mile delivery models but also creates new opportunities for businesses.

As India’s retail sector embarks on this exciting journey, driven by dynamic consumer demand and the adoption of new technologies, it’s clear that adaptability, innovation, and a focus on the customer will be essential for success. In doing so, the retailers who embrace these trends will be well-positioned to capitalize on the immense growth potential of the Indian market.

This article is written by Abhijit Niyogi, Head – Retail, TCS.

• Retail Market

The beauty industry, often relegated to the back of the shopping list, has finally found the spotlight. Emerging from the shadows, the new-age digital shopper today is seeking out the luxury of cosmetics and adding them to their carts first, before the practical items. From discovering a new fragrance to finding the perfect lipstick, online shoppers aren't just buying products — they're creating personal experiences. This trend towards luxury in beauty reflects a cultural shift, blending self-care with digital expression, shaping how we shop and express ourselves in the modern age.

In a recent report, the latest trends in online shopping reveal a surprising shift towards luxury in the cosmetics aisle. According to a comprehensive report by Adobe Analytics, covering the period from January 1 to May 31, 2024, consumers are prioritizing pampering themselves with high-end beauty products, despite a general trend towards budget-friendly shopping in other categories like electronics and apparel.

Cosmetics Steal the Spotlight

While many categories see consumers opting for lower-priced items, the cosmetics segment tells a different story. Fragrances and premium lipsticks have emerged as the stars of the digital shopping spree, with sales soaring to new heights. Fragrance aficionados, in particular, are indulging in top-tier scents, with a significant uptick in daily sales from April to May 2024, marking a 53 percent increase compared to earlier in the year.

The report found that the share of the two least expensive quartiles of goods increased materially across major categories including electronics (up 5.3 percent), apparel (up 4.7 percent), home & garden (up 3.3 percent), furniture & bedding (up 2.1 percent), grocery (up 1.8 percent) and personal care (up 4.2 percent). Conversely, share of the two most expensive quartiles decreased by 8.5 percent in a category like electronics, and 9.5 percent in apparel.

Lipstick Luxe

The allure of luxury extends to lipstick choices as well. Online shoppers are not only gravitating towards high-end lipsticks but also showing a preference for vibrant shades like purple tones, which have seen a remarkable 103 percent year-over-year surge, followed by pink tones (e.g., pink, rose, nude) which are up 61 percent YoY. From velvety mattes to lustrous glosses, these premium products are driving a 49 percent spike in sales from spring to early summer 2024. Some of the top trending lipstick finishes have included satin (up 35.5 percent), matte (up 35.2 percent) and glossy (up 21.7 percent).

Cosmetics Lead the Digital Charge

While staples like electronics and apparel dominate online spending, cosmetics have carved out a niche as a powerhouse growth sector. In 2023 alone, consumers spent a whopping $35 billion on beauty products online, marking a 15.6 percent increase from the previous year. The trend continues strong in 2024, with a notable $16.3 billion spent in the first five months alone, showcasing an 8.8 percent year-over-year rise.

Beyond Lipstick and Fragrance

The surge in beauty spending isn’t limited to lipsticks and perfumes. Other cosmetic categories are also witnessing significant growth. Lip glosses (31.4 percent YoY), setting powders ((up 18.4 percent YoY), mascara (up 8.6 percent YoY), concealer & foundation (up 8.3 percent YoY), nail polish (up 5.1 percent YoY), and skincare essentials like serums and creams enriched with peptides are flying off digital shelves, reflecting evolving consumer preferences and the growing influence of online beauty trends.

The Rise of Digital Beauty Influencers

In addition to traditional marketing channels, the rise of digital influencers has played a pivotal role in shaping consumer choices in the cosmetics sector. Social media platforms like Instagram and TikTok have become virtual beauty counters, where influencers showcase the latest products and trends, influencing millions of followers with their recommendations. Brands are increasingly leveraging these platforms to connect directly with consumers and drive sales through targeted influencer collaborations and sponsored content.

Tech Innovations Driving Beauty Trends

Advancements in technology have also revolutionized the beauty industry. Virtual try-on tools and augmented reality (AR) applications allow consumers to visualize products before purchase, enhancing their shopping experience and confidence in their choices. These technologies not only bridge the gap between online and offline shopping but also cater to the increasing demand for personalized beauty solutions tailored to individual preferences.

Sustainability and Ethical Beauty

Beyond product efficacy and aesthetic appeal, today’s consumers are also prioritizing sustainability and ethical practices when choosing beauty products. Brands that emphasize cruelty-free formulations, recyclable packaging, and eco-friendly ingredients are gaining traction among environmentally conscious shoppers. This shift towards sustainable beauty reflects a broader global movement towards responsible consumption and corporate social responsibility.

Future Forecasts

Looking ahead, the report predicts continued momentum in the cosmetics realm. Products like Sol de Janeiro Perfume Sets and Charlotte Tilbury's Plumping Lip Gloss are set to dominate shopping carts, driven by both e-commerce traction and social media buzz. As consumers navigate an evolving digital marketplace, one thing is clear: when it comes to cosmetics, indulgence is the new norm. Whether it’s treating oneself to a signature scent or splurging on a statement lipstick, the allure of luxury in beauty remains irresistible in the world of online shopping.

Today it is not just women who like to style themselves, men are equally experimenting and trying on new fashion available in the market. Earlier, limited information, social and economic limitations and utilitarian needs were certain issues that restricted men from exploring their style. Times have changed, and everyone wants to try out new trends, and distinctive variety in clothing and accessories. Fashion inspires people to be empowered, motivates them to express themselves and breaks barriers to what is acceptable for men.

The global fashion retail market size was evaluated at approximately $92.25 billion in 2023 . It is predicted to reach $157.88 billion by 2032, with 7.09 percent of CAGR from 2024- 2032 . The apparel market in India is expected to reach $105.50 billion in 2024 with a 3.81 percent rate of CAGR (2024-2028).

So, whether you're a dapper dude or a casual cool cat, we've got the ultimate list to transform your wardrobe. From sharp suits to trendy tees, these top 10 men's clothing brands are your ticket to sartorial stardom. So, buckle up and get ready to strut your stuff in the finest threads India has to offer. It's time to check out the brands that every stylish man needs to know! Let's dive in!

Check More:  Top 10 Men's Formal Wear Brands in India

Top 10 Men's Clothing Brands in India

Below are the top 10 brands that define men's fashion in India. From classic styles to the latest trends, these brands have something for every stylish man.

1. Louis Philippe

Named after King of France Louis Philippe from 1830- 1848 is one of the largest men's clothing brands in India. It is a symbol of class, elegance, status and a lifestyle that is royal and luxurious, reflected as a premium brand. Philippe offers a span of formal, and semi-formal clothing and accessories for men. The target market for the brand is urban men upper class and upper middle class.

Tamil Nadu has 55 stores of Louis Philippe which is 13 percent of all the stores present in India followed by Uttar Pradesh and Karnataka contributing 10 percent. There are seven states including Tripura, Sikkim, Mizoram, Andaman and Nicobar Islands, Ladakh, Dadra and Nagar Haveli and Daman and Diu and Lakshadweep. The brand has a turnover of more than $150 million taking up nearly 20 percent of the market share in the apparel industry in India.

2. Van Heusen

Aditya Birla Fashion and Retail Lid and a division of Aditya Birla Group bear the license to perpetually operate the brand in India. Their camp shirts set up the bar in the fashion industry, these shirts are made out of 30 percent recycled materials and the brand is planning to introduce polos and T-shirts made out of 100 percent recycled material. Van Heusen is going to feature 75 percent of the product line with recycled fibre material.

The highest number of Van Heusen stores are in Uttar Pradesh which is 56 stores contributing to 16 percent of the total stores in India. The list is accompanied by Maharashtra and Tamil Nadu with 11 percent and 10 percent respectively. Nine states in India do not have Van Heusen stores- Tripura, Meghalaya, Goa, Sikkim, Andaman and Nicro Islands, Dadra and Nagar Haveli and Daman and Diu, Nagaland, Ladakh and Lakshadweep.

3. Blackberrys

One of the prime men's fashion brands in India co-founded by Nitin Mohan along with Nikhil Mohan in 1991. Blackberry was reputed very swiftly because of the high-quality clothing with worldliness catering to modern men's fashion value. It started with just formal wear and later on expanded to casual and semi-casual wear as well for men. The brand integrated sustainable practices into the production process.

The company is located in Gurgaon, Haryana has generated a revenue of $142 million and a net profit of $8.79 million as of March 2023 with an 18 percent increase in CAGR.

The brand was established as Raymond Woolen Mill in 1925 since then it has been elegant and well-connected with the class making a discernable name in men's fashion. Raymond is famed for their well-crafted ethnic, indo-western formal and casual apparel. It is perceived to be a premium styling brand providing value and quality to customers.

Raymond one of the largest coherent textile companies located in Mumbai, Maharashtra created a revenue of Rs 5,913 crore ($710 million) in the FY 2023. It exports its product to over 60 plus countries including the US, Canada, Europe, Japan and the Middle East.  

5. Peter England

It made its swoop into the Indian market in 1997 and was obtained by Aditya Birla Group in 2000. The price range is considered to be economic, mid-price and premium. Peter England is known for keeping up with youth, being in sync with every fashion occasion in professional as well as easy-going wear for men. The brand markets products through an in-house platform named trendin.com along with other e-commerce websites in India.

This Indian-based clothing brand generated a revenue of Rs 12,500 crore ($1.56 billion) in the FY 2023 with a funding of $ 1.26 billion.

6. Allen Solly

The brand is known for its distinctive and chic fashion galvanising an entire new customer class. Allen Solly was launched in India in 1993 by Madura Fashion and Lifestyle a division of Aditya Birla Fashion and Retail Limited. It is reviewed as a premium brand in India having a diversified range of fashion wear for men which includes shirts, jeans, suits, joggers as well as accessories.

Maharashtra has the majority number of Allen Solly with 37 stores putting up to 13 percent of the total number of stores in India followed by Karnataka and Uttar Pradesh with 35 (12 percent) and 33 (12 percent) respectively. Sikkim, Puducherry, Mizoram, Meghalaya, Manipur, Andaman and Nicobar Island, Ladakh, Dadra and Nagpur Haveli and Daman and Diu, Chandigarh, Arunachal Pradesh and Lakshadweep are the 11 states that do not have Allen Solly stores.

The brand aims to serve the evolving impeccable fashion needs of India and initiate innovation like Autopress shirts, Autoflex trousers, Superflex stitchless shirts, smart shirts, 4-in-1 shirts and anti-UV shirts. Arrow has a set-up to fulfil the urging needs of young stylish and fashion-loving professionals. The unique selling proposition is the expert shirt makers giving shrink-free, stain-free and wrinkle-resistant shirts.

Arrow Clothing Private Limited is an unlisted company located in Ahmedabad, Gujarat. The EBITDA of the company has increased by 950.26 percent with a net worth grown by 39.88 percent. Recognised for its American styling the brand has licensed in approximately 120 territories and 400 free-standing stores worldwide.

The official brand of USPA (United States Polo Association) a non-profit governing body for the sport of polo in the United States. Has a distribution of 1,030 mono-branded stores, boutiques, departmental stores and e-commerce. US polo describes the spirit of sport and takes the inspiration for their styling. It focuses on maintaining the brand as athletic, genuine, approachable and most importantly classic.

The Indian market has made a 15 percent initiative to expand US Polo retail stores. The company plans to generate $ 2 million in retailing by the year 2025. Worldwide the brand is present in 190 countries with 1,100 stores and planning to take it up to 2000 by the year 2030.

The brand was born in 1998 representing fashion for men. It is owned and directed by Credo Brands Marketing Ltd. It claims to be creating expressive fashion for men inspired by the nature of Mumbai. A brand that seeks to refine styling for men. Mufti has instilled their creativity in clothing from the heritage, coastline, gymkhana and tropical areas of Mumbai. Created a revenue of $ 63.7 million with a net profit of $ 9.65 million in FY 23.

The brand has started a new sub-brand named ‘4ooo5o’ spelt as ‘Four Triple oh Five oh’ catering to GenZ shoppers, centring on casuals and oversized garments.

10. Indian Terrain

Initially was a part of Celebrity Fashion Limited, demerged in 2011. Fulfilling the fashion needs of upwardly mobile young, cosmopolitan Indian men. The brand targets customers aged between 22- 44 years. Indian Terrain provides articles of clothing with premium fabrics, superior tailoring and comfortable fit in men's wear. The brand has a ready-to-wear branded sector for men as well which led to great customer flow.

Indian Terrain has opened 30 more retail stores and is looking at a 10 percent growth in revenue from Rs 460 crore in 2024 generating 15 percent from e-commerce. Last three months the company has increased a 4.48 percent revenue.

FAQs on M en's Clothing Brands

Best men’s fashion brands in India?

Louis Philippe, Van Heusen, Blackberry, Raymond and Peter England and the most renowned fashion brands in India for men,

Which brand is suggested for affordable and stylish brands for men?

Peter England and Indian Terrain are considered to be affordable yet stylish at the same time.

Which of the brands are considered to be luxury fashion brands in men's wear in India?

Louis Philippe and van Heusen are considered to be luxury brands for men's wear in India.

Where can I buy from these brands?

The brands have their shopping website page or in-house websites and are even available on various e-commerce platforms.

Which brand is best for semi-formal clothing for men?

Indian Terrain and Blackberry are the best brands for semi-formal men's wear.

• US Polo Association
• Blackberrys
• Indian Terrain
• allen solly

The global jewellery market, valued at $353.26 billion in 2023, is on a growth trajectory, expected to expand at a compound annual growth rate (CAGR) of 4.7 percent from 2024 to 2030. This growth is driven by increasing incomes, innovative designs, and changing consumer perceptions of jewellery as a status symbol.

The Indian market, with its rich cultural heritage and significant consumption patterns, presents an opportunity for aspiring jewellery entrepreneurs.  And if you have a passion for all things glittering and want to turn it into a profitable business, you're in the right place. Grab a drink, and get settled because this is going to be a complete guide.

How to Start a Jewellery Business in 9 Steps?

A step-by-step instructions for those who've never started any business before, we’re going from top to bottom from finding your manufacturers to running the financial side of your business, and then we'll look at effective marketing strategies.

1. Research the Current J ewellery  Market

Before diving into the jewellery business, understanding market trends is crucial, and conducting thorough market research is also a major part. Current trends highlight in demand for colored gemstones and sustainable jewellery options. Understanding consumer behavior and competitive strategies can unveil niche opportunities and define a compelling brand proposition.

2. Define Who You Are as a Brand

Imagine you’re telling your best friend about your jewellery venture. That’s your brand story—what makes your business uniquely yours. Take Finley jewellery, for instance, with its focus on ethics and sustainability. What’s your special angle? Does a particular cause drive you? Do you offer a unique solution through your jewellery? Make your story heartfelt and simple.

With your brand story set, it’s time to decide on the type of jewellery you’ll create. Will your pieces be for daily wear or special events? Think about materials—gold, silver, pearls, beads, and more. Use Google to explore current trends. Staying on trend while remaining true to your brand is key.

3. Define Your Target Audience with the Right Price

Knowing your customers is essential. Consider their lifestyles, preferences, and needs. Use social media to learn about their habits and interests. Platforms like Instagram and Reddit are gold mines of information. The better you understand your audience, the more effectively you can market to them.

Setting the right prices involves balancing costs and perceived value. Consider all expenses, including marketing, production, hiring, and operating costs. Use a pricing calculator to ensure profitability. Sometimes, higher prices can enhance the perceived value of your jewellery, so don’t be afraid to price accordingly.

4. Set a Demographic Location

Choosing the right location for sourcing raw materials and setting up production is critical. Considering places known for their jewellery artisan and access to quality materials is important to get the raw materials easily which can boost your manufacturing time. For instance, Jaipur is renowned for its gemstone cutting and jewellery manufacturing, while Mumbai is a hub for gold and diamond trading. The proximity to these regions can reduce costs and ensure a steady supply of raw materials.

5. Create Your Visual Identity

Your visual identity helps people recognize your brand. Collaborate with a graphic designer to craft a logo, select fonts, and choose brand colors that reflect your story. Find designers on platforms like Fiverr, Freelancer, Upwork, and Behance. Once you have your visual identity, create a style guide to maintain consistency. Selecting the right materials is like choosing the best ingredients for a dish. Each material has its unique appeal and cost. Solid gold is durable and often mixed with other metals for strength. Gold vermeil and gold-filled options are more affordable. Silver and stainless steel are trendy and durable. Understanding the properties and care needs of each material helps you make informed choices.

6. Marketing and Supplying your Product

Marketing is the lifeblood of your business. Start with a few key strategies like influencer partnerships, email marketing, and ads. Collaborate with other brands to grow your email list. Use tools like Dovetale to find influencers and consider hiring agencies or freelancers for Facebook ads. Creative campaigns, such as offering free jewellery for the cost of shipping, can attract attention and new customers.

Whether you choose manufacturers, buy wholesale or partner with local artisans, reliable suppliers are crucial. Websites like Indiamart, Amazon business and TradeIndia are good starting points. Check reviews, compare prices, and always request samples to ensure quality before making large orders.

It’s a very crucial part for any business to reach its target market and for that, you need to keep your finances organized and marketing in both online and offline markets.  Now both offline and online markets are crucial to cover to get a good reach of your target market and with that is important to manage your financial statement

Register your business to protect yourself and save on taxes. Open a separate bank account and credit card for your business to maintain clarity. Use accounting software like QuickBooks and consider hiring an accountant to assist with bookkeeping.

7. Design Custom J ewellery

To bring your custom designs to life, clear communication with your manufacturer is vital. Use tools like Adobe Illustrator for detailed designs or simple sketches with reference photos. Clear communication ensures your vision is accurately realized.

8. Build your e-commerce store

Setting up your business Domain, Email, and Website presence is important to reach a wider audience. Your online presence is your digital storefront. Begin by registering a domain and setting up a professional email. Then, create your website. Shopify is a user-friendly option for e-commerce. Choose a theme that aligns with your brand and ensure your site features high-quality product photos, detailed descriptions, and easy navigation. Include sections like About, Shop, Collections, and Contact.

9. Customer Experience and Logistics

Packaging and shipping are significant aspects of your brand. Good packaging can enhance the perceived value of your jewellery. Keep it simple to streamline fulfilment. Consider eco-friendly options and maintain adequate supplies to prevent delays. Use tools like Shopify’s shipping settings or services like eShipper for efficient shipping.

At IndianRetailer, we have witnessed how the jewellery market, both globally and in India, presents a lucrative opportunity for aspiring entrepreneurs. With a growing market value and evolving consumer preferences, now is the perfect time to launch your business. Remember, success in the jewellery business hinges on understanding your audience, staying true to your brand, and continuously adapting to market trends. With passion, creativity, and strategic planning, your jewellery venture can flourish in this dynamic market. So, take the plunge, and let your entrepreneurial journey shine as brightly as the gems you'll be crafting!

Top 5 FAQs on Starting a Jewellery Business

1. what are the threats to the jewellery industry.

The jewelry industry faces several challenges, such as:

• The fluctuating prices of gold and gemstones
• Increasing production costs
• High competition from both local and international brands
• Changing consumer tastes and trends
• Security risks, including theft and fraud
• Economic downturns that affect how much people spend on jewelry
• New regulations and import/export rules
• Growing demand for ethically sourced and sustainable materials

2. Is the jewellery business has high-risk?

Yes, the jewellery business has high risks. These include fluctuating gold and gemstone prices, security concerns, high competition, changing consumer preferences, and significant investment requirements. However, with careful planning and good market understanding, these risks can be managed.

3. Which type of jewellery demand in India?

Gold jewellery is the most in-demand in India, followed by diamond and silver pieces. Traditional and ornate designs, especially for weddings and festivals, are particularly popular.

4. What is 24-karat gold?

24-karat gold is the purest type of gold you can get, made up of 99.9% gold without any other metals mixed in. It's very soft and malleable, so it's great for investment or special pieces, but not as durable for everyday jewellery.

5. How to identify the gold is it real or fake?

To identify if gold is real or fake, you can:

• Check for hallmarks: Authentic gold jewelry usually has a stamp indicating its purity (e.g., 24K, 18K).
• Perform a magnet test: Real gold is not magnetic, so it won't be attracted to a magnet.
• Conduct a scratch test: Use a ceramic plate to gently scratch the gold. Real gold will leave a gold streak, while fake gold may leave a black streak.
• Try a nitric acid test: Apply a drop of nitric acid to the gold. Real gold will not react, while fake gold will show a green or milky reaction.
• Consult a professional: Take the gold to a reputable jeweler for an expert opinion and testing.

FMCG means fast-moving consumer goods, where the products are sold at the speed of a bullet train but with a low cost and are in high demand. Most of the non-durable products, are consumed quickly and have a high turnover rate. In the Indian fast-moving consumer goods (FMCG), market, total revenue is expected to increase by 27.9 percent from 2024 to 2030, reaching nearly $1,288.52 billion.

The giant FMCG companies produce, manufacture and distribute household and personal items found at supermarkets, pharmacies, other retailers and e-commerce into several categories, including Beverages and tobacco, Confectionery and baked goods, Fruit and veg, Processed foods, Meat and dairy products, Toiletries, cosmetics, and over-the-counter medications, Batteries, Electronic devices such as cell phones, earbuds, game players and many more.

Top 10 FMCG Companies with Market Capitalisation:

The above information is based on the companies' 2023 performance.

Let's explore the top 10 FMCG companies and why they should be on your radar:

1. Hindustan Unilever:

Hindustan Unilever is a familiar name for every individual. It is the best FMCG company in India and a subordinate company for global products. Established in 1933 by Rohit Jawa as Lever Brothers Indian Ltd., it later merged with the global giant Hindustan Vanaspati Mfg. Co. Ltd. and United Traders Ltd. in 1956.

In 2024, the company's market value will be around $68.50 billion, which makes it the world's 256th most valuable company.

End-of-year Market Cap

Their service includes foods, beverages, cleaning agents, personal care products, and water purifiers. Some of the popular and most used products of every household are Lux, Surf Excel, Dove, Lifebuoy, Kissan, and Brooke Bond.

2. Nestle India:

Nestle which was founded by Henri Nestle a Swiss food and beverage giant, Today Nestle India is a household name across the globe and one of the top ten FMCG companies in India, Nestle started its operations in 1961, From chocolates, Maggi, health drinks, coffee and many more, and their first Indian factory was set in Moga, Punjab where they developed the milk economy. This fast-moving consumer goods company offers a wide range of consumer products manufactured in its 8 factories located across the country.

On the June 2024 BSE report India’s FMCG powerhouse is facing a downfall, which shows that Nestle India shares are down at Rs 2538.95.

Nestlé India has changed their most iconic product packaging to support girl child education, which are, MAGGI, NESCAFÉ and KITKAT, in association with Nanhi Kali. Nestlé is also associated with these well-known brands Milkybar, Milkmaid, and Nestea.

3. Godrej Consumer Products:

Since 2001, Godrej has been a leading player in the Indian FMCG market. current CEO and MD, Mr Sudhir Sitapati created a brand value of around Rs 14,365 crore. Godrej is considered one of the top 10 FMCG companies in India in the home and personal care segment, which is a part of the Godrej Group.

In today date the market cap of Godrej Consumer is $17.29 Billion. This shows that the market share of the company is rising by 2.58 percent per day and 34.31 percent annually.

The iconic and well-known products are hair care, skin care, oral care, household insecticides, and hygiene. And Cinthol, Godrej No. 1, Godrej Expert, Hit, and Protekt are very common names in every Indian household.

4. Britannia Industries:

Britannia is the oldest multinational food manufacturing company which has been trusted by every Indian, is actually an FMCG giant, who known for its biscuits, bread and dairy products. It is a part of the Wadia Group, headed by Nusli Wadia and was founded in the year 1892 in Kolkata. Britannia is mostly known for their biscuit products, which generate 80 percent of revenue for the company. Britannia has its footprint in 60 countries across the globe.

In 2022, the revenue of the company is around $1.99 billion but in 2023, the company is not able to reach its target and ended up at $1.98 billion, If we talk about their market cap, as of June 20th, 2024, the market capitalization of Britannia Industries is $15.52 billion.

Their iconic products are biscuits, breads, cakes, rusk, cheese, and milk products under brands such as Britannia, Good Day, Tiger, Marie Gold, NutriChoice, and Cheese.

5. P&G Hygiene and Health Care:

The global giant of manufacturers of feminine hygiene and healthcare segments. The Procter and Gamble Company was founded by William Procter and James Gamble in 1837. P&G is one of the leading names in the top 10 FMCG companies.

Under the leadership of Chittranjan Dua, the current Director and MD of P&G Hygiene and Health Care Limited, the market cap is Rs 52,236 crore. And as of June 26, 2024, their market share had decreased by 0.74 percent. But still, the company has managed to maintain their position at No. 3 in the personal care industry.

Current Market Cap

Their iconic brands are Whisper, Vicks, and Old Spice which still hold the No. 1 position in the health and personal care industry. The product line of P&G includes sanitary napkins, tampons, and cough and cold remedies.

6. Colgate:

Colgate became a necessity in everyone’s life, is a top FMCG company, but it was initially established as a soap and candle business in the early days. Colgate a multinational corporation, was founded by Willian Colgate in 1806, but in 1928, the company merged with Palmolive-Peet and evolved over the years.

As of June 2024, the company is ranked as the 209th most valued company in the world. The market cap of Colgate Palmolive is $80.97 billion. The company is constantly rising, at 28.78 percent a year.

This top FMCG company in India’s Colgate product line includes household items, health care products, personal care items, and veterinary products. Their iconic brands are Colgate, Palmolive, Softsoap, Irish Spring, Protex, Speed Stick, Lady Speed Stick, Sanex, and Hill's Pet Nutrition.

7. Dabur India:

A small pharmacy in Kolkata, which is based on the principles of Ayurveda and natural ingredients, is now one of the top 10 FMCG companies. Dabur was founded by S.K. Burman in 1884. Dabur is now considered one of the largest Ayurvedic and natural healthcare companies in India, with a legacy of over 135 years.

Dabur is now running under the leadership of Mohit Burman and positions the company as the world's 1327th most valuable company by market cap. The market cap of Dabur as of June 2024 is $12.72 billion.

Dabur offers various products in health and pharmaceuticals, which include health supplements, hair care, oral care, skin care, home care, and foods under the brand names like Dabur Chyawanprash, Dabur Honey, Dabur Honitus, Dabur PudinHara, Dabur Lal Tail (in healthcare); Dabur Amla and Dabur Red Paste (in personal care); and Real (in food & beverages).

8. ITC Limited:

ITC is a global giant and one of the top 10 FMCG companies was established by William M. Jacks in the year 1910 as Imperial Tobacco Company of India Limited, Later in 1970, the company was renamed as Indian Tobacco Company Limited. But now the company called as ITC Limited since the year 2001. ITC is present across six business segments as FMCG, Hotels, Agribusiness, Information Technology, Paper Products and Packaging. 

ITC Limited has a total market cap as of June 2024 of around Rs 5,29,976 crore and with that, ITC is ranked no. 1 in the Tobacco sector.

ITC's most iconic brands are Aashirvaad, Sunfeast, Yippee! Bingo!, B Natural, ITC Master Chef, Fabelle, Sunbean, Fiama, Engage, Vivel, Savlon, Classmate, Paperkraft, Mangaldeep, Gold Flake; Wills Navy Cut; Classic.

9. TATA Consumer Product:

TATA is a very trusted name around the globe. It was founded in the year 1962, in Kolkata. TATA is considered as a giant in FMCG.  TATA consumer product are part of the TATA group. TATA is the world's second-largest manufacturer and distributor of tea and also a major producer of coffee.

TATA Consumer Products' market cap as of June 2024 is $12.41 billion, and their share is increasing by 23.90 percent a year.

TCP's product range includes salt, pulses, spices, ready-to-cook mixes, breakfast cereals, snacks, and mini-meals. And the most iconic brands of TCP are Tata Tea, Tata Salt, Tetley, Tata Sampann, and Himalayan.

Emami is a well-known name in Personal care, health care and the paper sector. Emami was founded by Radhe Shyam Agarwal and Radhe Shyam Goenka in the year 1974 in Kolkata, and in today’s date is one of the Top FMCG companies.

Emami is one of the best FMCG companies, with a market share rate of 65.81 percent and a market cap of a total of $3.70 Billion as of June 2024.

Emami products are based on Ayurveda and natural ingredients namely balms, oils, creams, lotions, powders, and deodorants. Their most iconic brands are Boroplus, Navratna, Zandu, Fair and Handsome, and Kesh King.

According to the performance of the FMCG sector, as witnessed by IndianRetailer, it is being driven by rising consumer demand and diverse product offerings. The top 10 FMCG companies, including industry giants like Hindustan Unilever, Nestle India, and ITC Limited, play a pivotal role in shaping the market with their extensive product portfolios and innovative strategies. As the market is projected to grow significantly, reaching nearly $1,288.52 billion by 2030, these companies will continue to expand their influence and adapt to changing consumer preferences. By understanding the key players and their market shares, investors and consumers can gain valuable insights into the industry's landscape. As we move forward, the emphasis on sustainable practices and technological advancements will further propel the growth and success of FMCG brands in India, ensuring they remain at the forefront of the global market.

Top 5 FAQs on Top FMCG Companies in India  :

1. What is the biggest challenge for FMCG companies?

By 2040, 95% of all retail purchases will be made online. Challenges and Opportunities: Despite its promising outlook, the FMCG sector in India faces challenges such as data management, brand management, price wars, and catering to diverse demographics.

2. Which FMCG product is most profitable?

Personal care products like skincare, hair care, and oral care products are in high demand. These products have a low production cost and a high margin of profit.

3. Which FMCG company has the highest market share?

Nestle India Private Limited. List of FMCG companies in India. Nestlé tops the list as the largest food and beverage corporation in the world.

4. Which is the fastest-growing FMCG Company in India?

Among the top FMCG companies in India, VBL has grown the fastest in recent years. This growth is due to its partnership with PepsiCo, allowing VBL to distribute PepsiCo drinks in many countries and expand internationally.

5. Who regulates the FMCG industry in India?

Operating by the guidelines set forth by the FSSA 2006, the FSSAI is the responsible authority that safeguards public health through the regulation and supervision of food safety.

• Nestle India
• P&G India
• Hindustan Unilever Limited

There is a rising demand for trendy home décor; from millennials to Gen Z, everyone wishes to have a home that represents them. A home décor business is the answer to providing and fulfilling people's demands. Are you looking to open a home décor store? We have got you covered.

The Indian home furnishing market size has reached Rs 52,626.8 crore in 2023 . IMARC Group anticipates the market will reach Rs 97,051 crore by 2032, with a growth rate of 7.04 percent during 2024-2032. The light is shining on online shopping for home décor, furniture, and high-end luxury items.

How  to start  a  Home Decor Business  in India?

Here are the key 7 steps to start your business in home décor:

1. Know the Market

Understand the market trends and know your target audience. What are the latest additions in the décor market in various categories? Millennials are generally the target audience for those starting furnishing and home décor businesses. The market in India demands something innovative and new; this country is very experimental and versatile. All that needs to be done is to make a unique niche for the consumers. The home décor market is expected to have a growth rate of 6.20 percent (CAGR) from 2023 to 2028.

Choose a specific genre such as vintage décor, modern furniture, eco-friendly décor, or DIYs to start a home decor business idea: the more collections, the merrier. Make your brand visible in the market through different platforms. Social media has a lion's share of influence on every generation nowadays.

Key Insights:

• Know your target audience-  Identify the age group ( between 20- 60 years).
• Make your brand versatile- Make a brand strategy, create a unique brand style, widen the product range and use technology for innovation. 
• Keep up with the trends- Study the latest trends in the furniture and decor market, and upgrade the brand with upcoming revolution in the home decor business. 
• Gather knowledge of the respective market- Know the competitors and understand the strategy.
• Use various platforms to generate awareness- in-house website, e-commerce platforms, and retail stores. 

2. Make a Plan

Making a home decor business plan is a must. It allows the business to follow the guidelines through each stage of starting and managing your brand. The plan can include factors like business models, value propositions, financial projections, and marketing strategies.

Understand what mode of business suits you: B2B (business to business), B2C (business to consumer), or C2C (customer to customer). It is suggested that you use a B2C model for a home décor business as it allows consumers to visit a physical store where they can see and feel the product before buying.

• Be realistic- cater to practical limitations, and make pragmatic decisions.
• Choose a suitable mode- carefully opt for the right type of business model that caters to all the needs. 
• Be thorough with the research- market research is a key to understand growth and decline patterns should be thorough. 
• Maintain consistency- Be steady and regular in the making of the plan. 
• Review regularly- evaluate the decor business market and bring changes to your plan accordingly. 

3. Supplying, Inventory, and Selling

Find an appropriate and authentic supplier (wholesalers, manufacturers, or your product) and establish a strategy for managing inventory properly to avoid overstocking and stockouts to help you start your decorating business efficiently.

Opt for a reasonable and well-functional mode for selling to start a home decor business. Nowadays, there are three types: offline, online, and hybrid. Offline can be a retail store or showroom; online selling can be done with the help of e-commerce platforms like Flipkart, Myntra, Amazon, or your website. The hybrid mode is the most exciting, where the customer has the option to sit back and browse online or visit the store and purchase what they like. This type gives the consumer comfort in making their choice.

4. Promotion

This step is the most important in the process of starting a home decor business as it helps the business gain awareness, increase its customer base, and expand in the market. Branding and marketing are crucial for the growth of any business. There are various modes of promotion: advertisement, marketing strategy, public relations, personal selling, social media, email marketing, and many more.

An advertisement should aim at people's interests in “modern bedroom décor” or “vintage wall hangings.” Home décor representation, usage of technology in furniture, or any kind of upgrade can add value to your business.

• Build a strong brand identity- Define the mission, vision, and unique selling proposition(USP). Make the physical appearance of the brand attractive ( name, logo, tagline) that defines the decor business.  
• Build an online presence- Use social media, email marketing, blogs and other streaming platforms)
• Make a marketing plan- Analyse your brand with SWOT analysis, SMART goals and key performing indicators (KPIs)

5. Logistics

The word logistics means the commercial transportation of products. Organizing the movement, equipment, and accommodation is very essential for proper management to maintain the order of the supply chain.

The décor and furniture business faces challenges in shipment, warehousing and storage, assembling, and installation. Hence, there is a need to have adequate management of logistics. It helps the brand enhance customer experience and increase its value. It also contributes towards cost reduction and efficiency improvement.

• Operation management in logistics- Choose reliable suppliers and ensure timely and cost-effective purchase of materials. Solve storage, ordering, packaging issues, and shipping-related issues.  
• Improve customer service- consistent response and resolution. Provide with innovative ideas. 
• Handle returns and refunds efficiently- assistance in building a good brand image. 

6. Budgeting

Define the scope of your home décor or furniture business. Research the difference in cost expenses from suppliers, inventory, promotion, and logistics. Determine the total cost involved in making the marketing plan.

Items to Include in Budgeting:

• Product development
• Supplying and inventory
• E-commerce and retail
• Sales and marketing
• Operational cost
• Human resources

7. Feedback and Improvising

For the success of a home decor business, its foremost focus should be to improve and bring changes according to the feedback from consumers. Reviews assist in catering to consumer expectations, guiding the design process to ensure that the final product aligns with the audience's vision.

• Improve product and service- work on the suggested improvements by customers. 
• Expand with the help of trends- Keep the research work on always to enhance customer reach.
• Build partnerships- Diversify the business. 

Indian Retailer says:

There are various companies in the décor and furniture industry in our country contributing to a tough market with a wide range of competitors. This industry promises growth due to the diverse needs and demands of customers. Proper planning, creativity, and dedication towards your décor business can aid in building a successful brand. The home decor business is growing at a stable speed in the succor of urbanization, rising disposable income and rising interest in interior design. Consumers are taking a look at sustainable, eco-friendly and durable decor and furniture. Keeping a wide variety will assist in catching the eye of consumers. Along with in-store experience a decor business can also avail with omnichannel strategy. 

FAQs on How to Start a Home Decor Business

1. How to make a home décor business effective?

Use different marketing strategies, including digital platforms. Email marketing, websites, advertisements, and influencer marketing are a few ways to help your business become effective.

2. How to price home décor products?

Determine your price by evaluating COGS (cost of goods sold), involving materials, labor, and other expenses. Ensure profitability while sustaining in the competitive market.

3. Is it possible to start a home décor business with a small budget?

Of course, you can start small and expand your scale gradually. Build a strong online presence and start with a unique niche product range. Reinvent inventory and marketing.

The retail industry in India is essential for understanding customer preferences and company performance. Knowing the top retail companies in India, their IPO offerings, and current stock prices is crucial.

The retail sector contributes 10 percent to India’s GDP and is expected to create 25 million new jobs by 2030. It is projected to grow at 9 percent annually, reaching $1,407 billion by 2026, up from $779 billion in 2019. India’s direct selling market is anticipated to be worth $7.77 billion by 2025.

Factors driving this growth include economic expansion, changing demographics, higher disposable incomes, urbanization, and shifting consumer needs. For instance, retail sales in India increased by 5 percent in February 2024 compared to the same period in 2023. Multinational corporations are drawn to India due to its diverse consumer base and lower labor costs.

Let's explore the top 10 retail companies in India, their latest updates, IPO offerings, and current stock prices.

Top 10 Retail Companies in India

Here are the top 10 retail companies in India:

The company began as ‘Lakme’ in 1952, focusing on cosmetics, toiletries, and perfumes. Over time, Lakme Exports Limited joined forces with Little Woods International Limited Private Limited (LIIPL) and later became Trent Limited. Today, Trent is one of the top retail companies in India, running popular stores like Westside, Landmark, Zudio, and Utsa.

In the past year, Trent's stock price has soared by 207.69 percent, reaching a high of Rs 5,452 and a low of Rs 1,657. The company made a profit of about Rs 712.09 crore in the fourth quarter of 2024. As one of the top 10 retail companies in India, Trent continues to be a key player in the retail market.

What does the future hold for the company?

Based on the present and past performance, the company is predicted to generate Rs 10,728.81 in share price.

2. V-Mart Retail

V-Mart is a family fashion store that focuses on affordability and a wide range of products for its customers. It has a strong presence in Tier II, III, and IV cities across India, with over 450 stores in more than 250 cities and 26 states. V-Mart offers a variety of items, including fashion apparel, footwear, home furnishings, general merchandise, and kirana products.

In 2008, V-Mart went public and has since achieved significant milestones. In the fourth quarter of 2023-24, the company's net revenue increased by 11.9 percent from the previous year, reaching Rs 673.03 crore. Over the past year, V-Mart's stock has shown impressive growth, with a return of 30.44 percent, a high of Rs 2,849.90, and a low of Rs 1,595.  

The price target for the brand is Rs 2,399 share price with a maximum estimate of Rs 2987 and a minimum estimate of Rs 2,000 in 2025.

3. Reliance Retail 

Started by Reliance Industries Limited in 2006, this company aims to revolutionize retail in India. In 2024, it saw over 1.06 billion visits to its stores, thanks to a strategy that covers shopping, FMCG, pharmaceuticals, fashion, and lifestyle. It also has a strong presence in digital commerce channels. Reliance Retail generated a gross revenue of Rs 3,06,786 crore in FY24, marking a 17.8 percent increase compared to the previous year.

The company is unlisted but the parent company Reliance Industries plans to do value unlocking by bringing IPOs of Reliance Retail and JIO.

4. Aditya Birla Fashion and Retail

Aditya Birla Fashion and Retail was formed in 2015 when the Aditya Birla Group combined ABNL’s Madura Fashion and ABNL’s subsidiary Pantaloons Fashion and Retail (PFRL). As of March 2024, the company has a revenue of Rs 13,996 crore and an EBITDA of Rs 1,703 crore. Over the past year, it has achieved a 52.93 percent return, with stock prices reaching a high of Rs 335.25 and a low of Rs 192.95. The total income for FY24 stands at Rs 3,406.65 crore. The company has also partnered with international brands like Ralph Lauren, Hackett London, Simon Carter, Ted Baker, Fred Perry, Forever 21, American Eagle, Reebok, and Galeries Lafayette.

It is predicted to grow 102.6 percent in earnings and 12 percent in revenue. The average one-year share price target for ABFRL is Rs 278.46 with a low forecast of Rs 202 and a high forecast of Rs 360.15.

5. Avenue Supermart Ltd.

Founded by Radhakishan Damani in 2002, this Indian retail corporation manages a chain of supermarkets across India. Avenue Supermart owns well-known brands like DMart, D Mart Minimax, D Mart Premia, D Homes, and Dutch Harbour. The company operates in ten states, offering a wide range of basic home and personal products. Over the past year, there was a slight return of 0.60 percent, with stock prices peaking at Rs 4,875 and dipping to Rs 4,765.85. The company's revenue grew by 6.63 percent, reaching Rs 2,536.17 crore for the year ending March 2024.

Revenue is believed to grow more than 17 percent, with earnings increasing at 20 percent and more. EPS is expected to shoot up to 18.2 percent.

The company was formed in 1984 through a joint venture between TATA Industries and The Tamil Nadu Industrial Development (TIDCO). Titan has since expanded into various sectors, including watches, jewelry, clothing, eye care, and the fashion and fragrance industry. As of March 2024, Titan posted a net profit of Rs 786 crore, with revenue reaching Rs 11,257 crore. Over the past year, the company has seen a return of 14.79 percent, with stock prices ranging from a low of Rs 2,882.45 to a high of Rs 3,886.95.

Titan is assumed to grow 20.5 percent and 12.7 percent in earnings and revenue respectively. The price target for the company should reach Rs 3706.20 with a maximum of Rs 4337 and a minimum of Rs 2750 for the upcoming year.

7. V2 Retail

V2 Retail is the largest and fastest-growing retail chain in India, with a presence in 17 states, mainly in Uttar Pradesh, Bihar, Odisha, Jharkhand, and Assam. It operates 107 stores in Tier II and III cities, focusing on fashion and lifestyle products. The company offers various brands for apparel and non-apparel products, including One Human, Glamora, Godspeed, Herrlich, No War, and Honey Brats.

Over the past year, V2 Retail's net profit surged by Rs 3.60 crore, an increase of 146.69 percent from the same period last year. The company's stock performance has been impressive, with returns of 418.60 percent, reaching a high of Rs 687 and a low of Rs 120.

V2 Retail Ltd. has an average target of Rs 841 share price. The consensus estimate represents an upside of 15.36 percent from the last price of Rs 729.

Raymond is a brand with extensive business interests in the textile and apparel sector, covering customer care, real estate, and engineering in both national and international markets. With 97 years of textile expertise, Raymond combines tradition with modern infrastructure. The brand and its various lines, such as Raymond Apparel, Raymond Lifestyle, and Silver Spark Apparel, also have a presence in Tier 4 and 5 cities.

In the past year, Raymond's net profit increased by 17.94 percent, reaching Rs 229.21 crore for 2023-2024. The company's stock has performed well, with a return of 52.59 percent. The share price ranged from a low of Rs 1,487.60 to a high of Rs 2,695 over the past year.

The share price of RAYMOND is expected to reach a value of Rs. 3036 by January 2025. If the Macro and Micro economic factors along with the industry trend support, we might see the target price of Raymond Ltd reach Rs 3406 by December 2025.

9. Spencer Retail

Part of the RP Sanjiv Goenka Group, this multi-format retailer offers a wide range of products in categories like food, fashion, home essentials, electronics, and more. The company has seen a return of 47.63 percent over the past year, with stock prices ranging from a low of Rs 57.90 to a high of Rs 139.30.

Spencer's, the retailer, introduced the concept of organized retailing in India by launching the first hypermarket. Today, it operates 120 stores, including 37 hypermarkets, across more than 35 cities in India. In the fourth quarter of 2023-24, the company's revenue increased by 0.31 percent, reaching Rs 551.15 crore.

Based on the analysis long-term increase is expected with the stock price of Rs 234.210 in 2029. With a year's investment, the revenue is expected to be around 156.02 percent.

10. Future Retail

In 1992, the company launched its IPO, starting the distribution of branded garments through various retail outlets. The Future Retail Group is known for popular brands like Big Bazaar, Heritage Foods, WHSmith, and more. The company aims to achieve a $15 million turnover in the next five years.

Focusing on hypermarkets, supermarkets, and home solutions, it operates 1,500 stores in over 400 cities and towns across India.

FAQs on Top Retail Companies in India

1. Who is the biggest retailer in India?

Reliance Retail is the biggest retailer in India.

2. Which is the biggest retail business in India?

Reliance Retail is the biggest retail business in India.

3. Who are the top 5 retailers in India?

• Reliance Retail
• Future Group
• Avenue Supermarts (DMart)
• Aditya Birla Retail

4. Who is the richest retailer in India?

Mukesh Ambani of Reliance Retail is the richest retailer in India.

5. Who is the king of retail in India?

Mukesh Ambani is often referred to as the king of retail in India.

• Aditya Birla Fashion & Retail Ltd

The retail landscape in India is undergoing a significant transformation, driven by shifts in consumer spending dynamics. The emphasis is moving away from traditional product-centric purchases towards experiences and localized innovation. This change underscores the need for retailers to adapt and innovate to meet evolving consumer preferences .

Shifts in Consumer Spending Dynamics

Indian consumers are increasingly prioritizing experiences over material goods. This shift is reflected in the surge in spending on categories such as travel, hospitality, recreation, and entertainment, while traditional retail segments like fashion and lifestyle have experienced flat volume growth, according to Deloitte India’s latest report. The report highlights several key trends and consumer spending behaviors expected in FY25 based on Deloitte’s comprehensive consumer survey.

Dining Out or Ordering In

Despite health and budget concerns prompting 29 percent of respondents to plan a reduction in dining out or ordering in, over 50 percent still prefer maintaining or increasing their dining frequency. This resilient demand for dining options that prioritize health, quality, and appeal presents a significant opportunity for establishments. Restaurants and food delivery services can capitalize on this trend by focusing on health-conscious menus, superior-quality ingredients, and enhanced dining experiences.

Apparel, Footwear, and Fashion Accessories

While 32 percent of respondents intend to decrease spending on apparel and accessories, citing satisfaction with their current wardrobe and a preference for minimalist lifestyles, around 14 percent plan to increase their purchases. To engage these consumers, retailers need to offer compelling designs and trends that encourage wardrobe refreshes. Emphasizing sustainable fashion options can also attract environmentally conscious consumers, thereby maintaining engagement and driving sales.

Leisure Travel

Leisure travel is set to see a significant boost, with 29 percent of respondents planning to increase their travel frequency in the coming year. This growing appetite for experiential spending provides travel companies with an opportunity to create tailored experiences that resonate with consumers seeking unique adventures and cultural immersion. Offering personalized travel packages and immersive experiences can drive higher engagement and foster brand loyalty.

Consumer Durables and Appliances

Despite 30 percent of respondents citing financial constraints as a deterrent, approximately one-third have recently purchased items in this category. This indicates a market segment with unmet needs, likely looking for more affordable options or innovative features. Retailers can tap into this demand by offering budget-friendly variants and promoting the long-term benefits and efficiency of their products.

Consumer Electronics

Anticipated purchases of consumer electronics are declining due to existing device adequacy and financial considerations. To stimulate demand, brands may need to introduce budget-friendly variants or flexible payment plans that align with consumers' financial priorities. Highlighting the technological advancements and enhanced features of new devices can also encourage upgrades.

Furniture and Home Furnishings

Nearly 60 percent of respondents expressed no immediate intent to purchase major furniture items. However, there is sustained interest in home décor purchases for redecoration purposes. Retailers should focus on offering smaller, more affordable home décor items that cater to this segment. Emphasizing customization options and trendy designs can attract consumers looking to refresh their living spaces.

Luggage Items

Interest in luggage purchases remains modest, with only 15 percent considering a purchase in the next year. This aligns with the broader trend of selective spending on travel-related items, driven primarily by the need to replace old or damaged luggage. To attract consumers, retailers can offer value-driven products or innovative designs that enhance the travel experience.

Navigating the Evolving Consumer Landscape

The evolving consumer landscape presents a complex interplay of value consciousness and a growing demand for unique experiences. Anand Ramanathan, Partner, Consumer Products and Retail Sector Leader at Deloitte India, emphasizes the importance of localized innovation at scale to meet these evolving preferences. Companies that innovate to address convenience, affordability, and health will not only survive but thrive.

Sweating Assets for Like-for-Like Growth

One of the key imperatives for consumer businesses is to maximize the use of existing investments and assets to drive like-for-like growth. Industry leaders can leverage technology and AI to enhance operational efficiency and strategic resource allocation. The report outlines several growth levers that businesses can employ to reshape the retail experience and achieve incremental growth.

Refining Consumer Personas

Approximately 48 percent of consumers are willing to share data, presenting an opportunity for businesses to refine consumer personas and focus on profitable segments. By implementing targeted interventions across the purchase journey using technology, retailers can enhance customer engagement and drive sales. Personalization and data-driven marketing strategies can help in catering to the specific needs and preferences of different consumer groups.

Enhancing Perceived Value

Nearly 42 percent of consumers look for value-added services and benefits. Companies should articulate a holistic selling proposition that covers product/service benefits, experience, loyalty rewards, warranty, and post-sales support. By enhancing the perceived value of their offerings, businesses can attract and retain value-conscious consumers.

Advanced Data Analytics to Drive Sales

Utilizing centralized customer data platforms for hyper-personalization and optimizing store performance through targeted operational enhancements can drive sales. In fact, 45 percent of consumers expect brands to anticipate their needs and proactively communicate. Leveraging advanced data analytics can help retailers understand consumer behavior, predict trends, and tailor their offerings accordingly.

Localization

Tailoring product assortments and marketing strategies to local preferences is highly valued by consumers. About 27 percent of consumers show interest in geo-targeted ads and product offers. By focusing on localization, retailers can strengthen brand connections and increase consumer loyalty. Understanding regional trends and preferences can help in creating relevant and appealing product lines.

Interactive and Immersive Experiences

Creating engaging experiences across physical and digital channels is crucial for modern retail. Innovative in-store activations and digital tools for high-quality customer advisory services can enhance the shopping experience. For instance, 80 percent of consumers cited word of mouth as influencing their purchase decisions, while 55 percent highlighted the importance of quality advisory. Implementing virtual expert connects and other interactive features can attract and retain customers.

Implications for the Retail Sector

The report highlights the need for retailers to adapt to the changing consumer landscape by focusing on innovation, value, and personalized experiences. The upcoming Union budget for 2024-25 is seen as an excellent opportunity to add momentum to the revival of the mass segment by enhancing investments in the rural economy and agriculture. A normal monsoon, festival season, and replacement demand are expected to drive volumes in all categories, contributing to broad-based growth in consumer and retail sectors beyond urban markets to rural and semi-urban centers.

Businesses can aim for an incremental 8 to 20 percent growth in like-for-like sales by optimizing their investments in customer, product, channel, and experience. By focusing on the following growth levers, retailers can reshape the retail experience and capitalize on dynamic consumer trends:

• Refining Consumer Personas : Focus on profitable segments and emerging consumer groups through targeted interventions.
• Enhancing Perceived Value : Offer value-added services and benefits to enhance the overall selling proposition.
• Advanced Data Analytics : Use centralized customer data platforms for hyper-personalization and store optimization.
• Localization : Tailor product assortments and marketing strategies to local preferences.
• Interactive and Immersive Experiences : Create engaging experiences across physical and digital channels.

READ MORE:  India Retail Poised to be a $2.2Tn Market by 2030

The future of retail in India is poised for significant change, driven by shifts in consumer spending dynamics towards experiences and localized innovation. Retailers must adapt by focusing on health-conscious and quality dining options, compelling fashion designs, personalized travel experiences, affordable consumer durables, and innovative consumer electronics. Additionally, they should capitalize on the interest in home décor and offer value-driven luggage options.

By refining consumer personas, enhancing perceived value, leveraging advanced data analytics, and focusing on localization, retailers can navigate the evolving consumer landscape. Creating interactive and immersive experiences will further enhance customer engagement and loyalty. The upcoming Union budget and the focus on rural and semi-urban markets provide additional opportunities for growth. Retailers that innovate to meet evolving consumer preferences on convenience, affordability, and health will not just survive but thrive in this dynamic environment.

• experiential
• value shopping

Bollywood has always been hugely popular in India and has a significant impact on the lives of young people. Celebrities hold a lot of sway in the country, making it easy for them to enter the Indian retail market with their brands. Thanks to the globalization of entertainment, Indian celebrities now act as global brand ambassadors, representing their brands worldwide. Bollywood actors and actresses are also in high demand as the faces of international brands. In 2024, the top ten brands endorsed by celebrities were predicted to be worth $1.9 billion, marking a 15.5 percent increase from the previous year. Celebrity-owned brands also perform well, contributing to the economic growth of the Indian market.

Top 10 Celebrity-Owned Brands:

Let’s dive into the top 10 celebrity-driven firms that have thrived in the highly competitive retail industry while capturing consumer interest. These companies have carved out a niche for themselves, showcasing the potential of celebrity entrepreneurship in India.

1. Virat Kohli – One8 and WRONG:

This year's top spot goes to Virat Kohli, whose brand is valued at $227.9 million overall. With 264 million followers, Virat is Instagram's third most-followed athlete, and it is not only because of his accomplishments in cricket but also because of the brands he owns – namely One8 and WROGN.

Virat started One8 as a sportswear brand and slowly diversified the business into a chain of restaurants named One8 Commune. Moreover, in 2017, Kohli inked a deal with PUMA to collaborate with his sportswear brand One8, and sneakers were the first in this collection. Presently, this collaboration not only features sneakers but also other products for men, women, and kids.

When it comes to WROGN, Virat has made sure to provide the country with one of the best fashion brands, which is fit for all. This brand is managed by Universal Sportsbiz Pvt Ltd (USPL) and recently became the sponsor of one of the most followed and loved IPL teams, Royal Challengers Bangalore (RCB). Virat Kohli has a whopping net worth of over Rs.1,050 crore. It is also reported that Kohli charges a whopping sum of Rs. 7.50 crore to Rs. 10 crore for brand endorsements.

2. Hrithik Roshan – HRX:

Along with co-founders Sid Shah, Afsar Zaidi, and Kamal Punwani, Hrithik Roshan introduced the fitness and sportswear line HRX in 2013. Since then, the brand has started doing business online via Myntra, and now it is available in brick-and-mortar store formats. By the end of the current fiscal year, HRX hopes to generate Rs 225 crore in revenue from its clothing division.

HRX made its debut on Myntra in November 2013, introducing an athleisure collection for men, and in January 2023, the brand marked its first foray into physical retail with the opening of its offline store at Phoenix Market City, Bengaluru followed by its second store in Mumbai.

3. Alia Bhatt - Ed-a-Mamma and SuperBottoms:

Alia Bhatt has a $101.1 million brand value globally. The previous year was amazing for her; in addition to landing a Bollywood hit with "Rocky Aur Rani Ki Prem Kahani”, she debuted in Hollywood with "Heart of Stone”. Gucci, an international luxury brand for women, signed her as a global brand ambassador.

Bhatt has also been balancing her skyrocketing career with investments in diverse ventures, including sustainable baby care brand SuperBottoms. The brand has a special resolution to allot 1,424 Series preference shares at an issue price of Rs 1, 57,872.4 per share to raise Rs 22.5 crore. Venture Catalyst has invested Rs 38 lakh, while DSG and Sama have contributed Rs 11.05 crore apiece. It looks like there is still a Series A round going on, and additional money could be raised. Apart from that, recently her kid's wear start-up, Ed-a-Mamma, was acquired by the corporate giant Reliance Retail, giving a stamp of success. Ed-a-Mamma ranked with a value of $101.1 million, in the year 2024.

4. Deepika Padukone- 82°E:

With the launching of her self-care line, 82°E, into the Indian market, actress Deepika Padukone ventured into her retail career. Star-owned and backed by foreign institutional investors, 82°E is being positioned as the first Indian self-care brand. Self-care should be an easy, fulfilling, and productive part of your life, according to the company. Utilizing a product drop strategy, the company continues to market and sell its line on its website. 82°E earned approximately $12 million in annual revenue rate (ARR) in the first six to eight months of its launch.

In November 2022, 82°E launched Patchouli Glow, a liquid sunscreen that resembles oil, and Ashwagandha Bounce, a moisturising cream. The longitudinal meridian in India that defines the nation’s standard time served as the basis for the brand name 82°E.

5. Katrina Kaif -Kay Beauty:

Kay Beauty by Katrina is a cosmetics brand founded by Indian actress Katrina Kaif in 2019 in collaboration with Nykaa. Kaif has said that she created Kay Beauty to provide women with makeup products that are both effective and easy to use. Kay Beauty products are made with high-quality ingredients and are cruelty-free. Kay Beauty is a socially responsible brand that is committed to sustainability and ethical practices. The brand uses sustainable materials and practices in its production process.

Kay Beauty has a gross margin value of Rs 1.5 billion. Within three years of its launch, Kay Beauty had an annualized gross merchandise value (GMV) of over Rs 130 crore. Kay Beauty products are available in over 300 stores and online marketplaces across India, as well as in Tier II and III markets and the UAE.

6. Saif Ali Khan -House of Pataudi:

With a loose-fitted shirt, wavy mane, and washed jeans, a young man entered Bollywood in 1993. Fast forward to the present that young man has evolved into one of the most successful actors in the Bollywood industry. This evaluation isn’t constrained only to his Bollywood career. His fashion sense also has changed dramatically over the years.

Actor Saif, Myntra, and Exceed Entertainment jointly forged the brand "House of Pataudi”, which debuted apparel range meant to highlight the company's ancient legacy. The value of Saif's Pataudi Palace, also referred to as "Ibrahim Kothi”, is Rs. 5000 crores the fact that everything associated with Saif's Bhopal ancestral home and Pataudi Palace is valued at Rs. 4,200 crores.  The daily Indian ready-to-wear line, called Firdaus, Festive with royal appeal, Noor, and Riwayat for a traditional Indian wedding, is part of their fashion collection.

7. Kriti Sanon – HYPHEN:

Kriti Sanon's skincare brand was founded in the year 2023. HYPHEN originated from a pure passion for skincare and a curious, driven mind that always wanted more in life! Each product blends a multitude of amazing ingredients from both nature and science to create a power-packed solution for every concern. Hyphen goes beyond just offering products. They aim to bridge the gap between a cluttered skincare market and effective solutions.

HYPHEN has less than Rs 1 crore in revenue.  A 67.18 percent increase in the company's net value has occurred. The company's EBITDA has increased by 157.16 percent. The company's total assets have grown by 4.88 percent. Hyphen aims to be the fastest-growing Rs 100 xr D2C skincare brand in India within a year of launch. The brand targets a young, urban audience in India interested in effective yet approachable skincare solutions.

8. Sonakshi Sinha- SOEZI:

Sonakshi Sinha, the Bollywood actress known for her bold style, launched SoEzi in 2022. SoEzi caters to the growing demand for convenient and stylish press-on nails. The brand offers salon-quality nails at home without lengthy appointments. Its premium, reusable nails prioritize reducing environmental impact. A wide variety of styles, lengths, and hues to accommodate any taste. In comparison with acrylics or gels, press-on nails are gentle to natural nails.

SoEzi's initial online launch was followed by an offline store opening, indicating potential for further physical retail expansion. Collaborating with Amazon Beauty, take your pick from over 100 designs on the platform.

9. Sunny Leone – StarStruck:

For the past ten years, Sunny Leone has been one of the most well-known brand faces in the world and has been the most-searched-for figure on the internet for six years consecutively. "StarStruck" by Sunny Leone, a cruelty-free cosmetics brand launched in 2018, offers luxurious, high-quality products at reasonable costs. It is notable for being the first cosmetics company in India to be fully owned and run by a celebrity. Because of its PETA certification, the brand appeals to customers who prioritize ethics.

Regardless of establishing her cosmetics brand StarStruck in 2018 with an initial investment of Rs 10 lakh, StarStruck has attained annual sales of Rs 10 crore. Currently, StarStruck promises to be 'cruelty-free' and offers a selection of more than 260 unique products, which are occasionally referred to as stock-keeping units (SKUs), in the retail sector. Under the "Infamous by StarStruck" brand, she and her husband, Daniel Webber, extended their business into the innerwear market in 2019. And has invested in several profitable endeavours in 2024. According to that, she is worth more than Rs 100 crore today.

10. Priyanka Chopra Jonas – Anomaly:

The world-famous Priyanka Chopra Jonas founded Anomaly Haircare in 2021 to transform the hair care sector. High-performance, vegan, and clean products free of harsh chemicals like sulphates and parabens are the hallmarks of Anomaly's offerings. Anomaly, a company dedicated to environmental responsibility, uses only recycled plastic waste for its bottles.

The brand, which had $542.7 million in sales the previous year, debuted as an inexpensive vegan line with a focus on natural ingredients in India in 2022 and America in 2021. The most popular item is the hair and scalp oil, which is a huge hit with the patrons.

Top 5 FAQs:

1. Which celebrity has the most brand value in India?

Cricket superstar Virat Kohli has reclaimed his throne as the top celebrity in brand value, now reaching a staggering $227.9 million.

2. Which is Priyanka Chopra's beauty brand?

With her glossy tresses, it is little surprise that Anomaly Haircare by Priyanka Chopra Jonas is second on the list of most valuable beauty brands.

3. What is the Deepika Padukone brand?

Padukone earns a huge amount of her income from brand endorsements and other projects. She also has her beauty line called 82°E, which she launched in 2022.

4. Which beauty brand is No. 1?

L'Oréal is the No. 1 cosmetic brand in the world.

5. Which perfume is used by Katrina Kaif?

Katrina loves perfumes by Gucci and Gucci Rush tops the list of her favourite perfumes.

• Fashion and lifestyle
• celebrities
• celebrity brands
• Virat Kholi
• hrithik roshan
• Fitness Products

Feeling the heatwave taking over your life? Don't sweat it! With scorching temperatures and rising electricity bills, staying cool is more important than ever. Luckily, brands like Blue Star , Crompton , Voltas , and Bajaj, known for being some of the best air cooler brands in India, have you covered. They offer air coolers that are both effective and budget-friendly, perfect for keeping your indoor and outdoor spaces refreshingly cool. The air cooler market is booming, growing from $1.62 billion in 2023 to $1.8 billion in 2024, and it’s expected to hit $2.7 billion by 2028.

With so many options, picking the right air cooler can be tough. That’s why we’ve put together this guide for businesses. We'll provide detailed information on the top 10 air cooler brands in India. If you're considering opening a retail store, this guide will also help you understand the top brands in the market. This way, you can make an informed decision and ensure your business stays cool and profitable all summer long.

10 Best Air Cooler Brands in India

Here are the top 10 best Air Cooler Brands in India

1. Blue Star 

Blue Star Ltd, headquartered in Mumbai, is an Indian multinational home appliances company. Founded by Mohan T. Advani in 1943, it is recognized as a top air cooler brand in India. The company offers a variety of products including air conditioners , air coolers, water purifiers , air purifiers, and commercial refrigeration. Vir S. Advani is the current Executive Chairman. Blue Star operates around 8,000 stores across India, with a flagship store in Mumbai. It also has a subsidiary, Blue Star Engineering & Electronics Ltd, focusing on engineering solutions. The company employs over 3,132 people and reported approximate revenue of ₹9,685.36 crores for FY23. 

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Voltas is an Indian multinational home appliances company, headquartered in Mumbai, and part of the Tata Group. Founded in 1954, it is a leading brand in air conditioning and air coolers in India. Voltas offers products including air conditioners, air coolers, air purifiers, water dispensers, refrigerators, washing machines, dishwashers, and commercial refrigeration. The company operates over 25,000 customer touchpoints across India. It has a subsidiary, Voltas Beko, providing additional home appliances. The company employs over 7,000 people and reported revenues of approximately ₹9,667 crores for FY23​.

Bajaj Electricals Ltd is an Indian consumer electrical equipment manufacturing company based in Mumbai, Maharashtra. It is part of the $100 billion Bajaj Group, founded by Jamnalal Bajaj in 1938. The company manufactures its products in India and manages marketing internally. The brand name "Bajaj" comes from the founder's family name, symbolizing trust and reliability. A historical fact: Bajaj Electricals was initially incorporated as Radio Lamp Works Limited and renamed in 1960. The company reported revenues of approximate ₹5,429 crores for FY23 and employs over 3,132 people. Bajaj Electricals is a top air cooler brand in India. Its subsidiaries include Bajel Projects Limited. Strategic partnerships include brands like Nirlep and Morphy Richards.

4. Symphony

Symphony Limited is a top Indian company specializing in air cooling solutions. It is based in Ahmedabad, Gujarat. Achal Bakeri founded the company in 1988. Symphony is famous for its air coolers. The name Symphony reflects harmony and efficiency. Initially, it was called Sanskrut Comfort Systems Ltd. The company went public in 1994. Symphony introduced evaporative air cooling in India, setting high industry standards. In 2023, Symphony's revenue was between ₹500 - 1000 crores. It employs over 400 people. Symphony is a leading air cooler brand in India. It has expanded globally with subsidiaries like Symphony USA Inc. and strategic acquisitions such as IMPCO in the USA and Munters Keruilai in China.

5. Havells 

Havells India Limited is a major player in Fast Moving Electrical Goods (FMEG), with a strong global presence. The company's success is driven by its commitment to "Make in India," a wide distribution network, and high-quality products. Havells owns well-known brands like Havells, Lloyd, Crabtree, and Standard. The network includes 4,000 professionals, over 7,900 dealers, and 40 branches across the country.

6. Crompton

Crompton Greaves Consumer Electricals Ltd is a well-known Indian company in the electrical equipment sector, based in Mumbai, Maharashtra. The company started in 1937 as Crompton Parkinson Works Limited and joined the Bajaj Group in 1947. The name "Crompton" reflects its reputation for quality and innovation. The company was restructured in 2016 to focus on consumer electronics. Crompton manufactures fans, lighting, pumps, water heaters, and air coolers in its facilities in Goa, Vadodara, Ahmednagar, and Baddi. It is also a leading air cooler brand in India. A notable fact: Crompton introduced India's first anti-dust fans. The company reported revenues of ₹5,038.81 crores for FY23 and employs over 1,500 people. Crompton has expanded its kitchen appliance range through partnerships with brands like Butterfly Gandhimathi.

Kenstar, a well-known Indian home appliance brand, is headquartered in Gurgaon, Haryana. Founded in October 1996, it is now a subsidiary of the Everstone Group, previously part of the Videocon Group. Kenstar manufactures products like air coolers, microwaves, washing machines, and kitchen appliances in Aurangabad, Ahmednagar, and Salt Lake, Kolkata. Kenstar introduced India's first branded air coolers and remains a leading air cooler brand. The name "Kenstar" signifies high standards and innovation. The company operates through 28 sales and service offices, 300 service franchisees, and over 3500 trade partners across India. In FY23, Kenstar reported revenues of ₹800 crores, maintaining a strong market presence.

Usha International is a prominent air cooler brand in India. It is headquartered in Gurgaon, Haryana. The company was founded in 1934 by Lala Shriram. Usha produces various types of air coolers, including desert, personal, and tower coolers. The manufacturing facilities are located in Gurgaon, Hyderabad, and Chennai. Usha operates 60 showrooms and 33 warehouses across India. In FY23, the company reported annual revenue of approximately $1.33 billion. Usha employs around 3,700 people. The company is known for its innovative and reliable air cooling solutions, making it a top choice for consumers.

Orient Electric is a leading air cooler brand in India, headquartered in New Delhi. It is part of the USD 3 billion diversified CK Birla Group and has been a significant player in the electrical equipment industry since its founding in 1954. Orient Electric manufactures a variety of air coolers, including desert, tower, personal, window, and commercial coolers. These products are made in state-of-the-art facilities located in Kolkata, Faridabad, Hyderabad, and Noida.

The company is recognized for its innovative technologies like the ECM inverter technology in air coolers, ensuring energy efficiency and superior cooling performance. Orient Electric operates through a robust distribution network with over 1,25,000 retail outlets and a strong service network in more than 450 cities across India. In FY23, Orient Electric reported significant growth and maintains a strong market presence, exporting products to over 30 countries.

10. Croma  

Croma is a leading Indian electronics retail brand, owned by Infiniti Retail, part of Tata Digital. Established in 2006, Croma offers a wide range of consumer electronics and home appliances, including efficient and modern air coolers. The brand has over 400 stores in 130+ cities across India and provides an online shopping experience through its website and the Tata Neu App. In FY24, Croma expanded by opening 149 new stores. The brand is dedicated to customer satisfaction, offering services like ZipCare for support and Express Delivery for quick orders.

What Indian Retailer has to Say?

India's air cooler market offers retailers a prime opportunity to cater to a diverse consumer base with varied cooling needs. The top 10 brands highlighted in this article stand out for their innovative designs, energy efficiency, and reliable performance, making them must-have products for any retail inventory. Stocking these leading air cooler brands can attract a wide range of customers seeking quality and value. As the demand for effective cooling solutions rises, ensuring your shelves feature these top performers can drive sales and customer satisfaction, solidifying your position as a go-to retailer for summer essentials.

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In an era where micro-moments and personalized celebrations are the norm, Bakingo stands out as a premier destination for delectable cakes and desserts. Catering to a diverse audience, from young college-goers to mothers planning family celebrations, Bakingo has established itself as a brand synonymous with quality, convenience, and personalization.

From Floweraura to Bakingo

The entrepreneurial journey of Bakingo began 13 years ago with the founding of Floweraura, an online gifting brand. The success of Floweraura illuminated the need for a nationally recognized bakery brand that could offer consistent taste and experiences across India. This realization led to the inception of Bakingo.

“What started as a humble cloud kitchen has now blossomed into a thriving business with over 75 fulfillment centers across major cities in India. Our product range has also expanded significantly, now offering over 200 flavors and varieties to suit diverse tastes and occasions,” said Himanshu Chawla, Founder and CEO, Bakingo.

National Expansion

Bakingo's vision is to become a national bakery brand. It is strengthening its presence in Tier II cities such as Kanpur, Patna, and Dehradun. This strategic expansion allows Bakingo to reach a broader customer base while maintaining its commitment to quality and consistency.

“Looking ahead, we plan to open Quick Service Restaurant (QSR) format bakery stores across pan India markets by the end of 2025. This initiative aligns with our goal of enhancing accessibility to its premium baked goods,” stated Chawla.

Challenges and Growth

Like any entrepreneurial journey, Himanshu revealed that Bakingo has faced its share of challenges. Scaling production while ensuring stringent quality standards has been a significant hurdle. However, by prioritizing innovation, customer satisfaction, and operational efficiency, the brand has successfully navigated these challenges. This perseverance has led to sustainable growth and the establishment of Bakingo as a trusted name in the bakery industry.

Business Model

Bakingo's business model revolves around delivering baked goods that are tailored to individual preferences. By focusing on quality, convenience, and personalized experiences, the brand has carved a niche for itself in the premium baked goods segment. The average order value (AOV) of Rs 800 reflects the premium nature of Bakingo's products and underscores its commitment to delivering value-driven experiences to customers.

Omnichannel Distribution Model

Bakingo operates on an omnichannel distribution model, strategically leveraging both physical and digital channels to maximize customer reach and engagement. The primary digital channel is the D2C model through Bakingo's website. This platform allows customers to conveniently browse through a wide range of products, place orders, and enjoy seamless delivery services. The D2C model enables Bakingo to directly interact with customers, personalize their experiences, and maintain full control over the customer journey from browsing to purchase.

In addition to its website, Bakingo partners with aggregator channels like Swiggy and Zomato to expand its reach and cater to a nationwide audience. These partnerships allow customers to discover and order Bakingo's products through their preferred food delivery platforms, enhancing accessibility and visibility in the market.

Leveraging Technology and AI

The brand thrives on the integration of technology and artificial intelligence (AI) within its operations. Advanced forecasting tools enable precise demand prediction, ensuring efficient resource allocation and minimizing wastage. This technological foresight is crucial in managing inventory and delivery processes, allowing Bakingo to maintain high standards of quality while scaling production.

“We are also actively developing AI models to enhance consumer experiences. These models aim to provide personalized recommendations and streamline the ordering process, ensuring a seamless and delightful customer journey. The most impactful technology integration to date has been advanced forecasting, which has revolutionized inventory management and significantly reduced wastage,” he explained.

Vision for the Future

Bakingo's vision for the next two years is to establish itself as a leading national bakery brand renowned for quality and innovation. Key strategic plans include expanding the product line to cater to diverse preferences, strengthening distribution networks for nationwide reach, and enhancing customer engagement through various platforms.

To cater to the evolving tastes and preferences of its target audience, the brand plans to expand its product line. This expansion will include introducing new flavors, varieties, and personalized options. Additionally, strengthening distribution networks will enable Bakingo to reach more customers and enhance accessibility to its premium baked goods.

It further aims to enhance customer engagement through various platforms, including social media, e-mail marketing, and personalized customer interactions. “By fostering a strong connection with our customers, we hope to build a loyal customer base that trusts us for all their celebration needs,” Chawla concluded.

In an era marked by heightened environmental consciousness, the fashion industry is undergoing a significant transformation. The traditional approach to clothing production, which often prioritized profit over sustainability, is giving way to a more eco-conscious ethos. Central to this shift is the emergence of eco-friendly fabrics, offering a promising path towards a more sustainable future for fashion.

The Need for Change

The conventional fashion industry has long been associated with environmental degradation and exploitation of resources. From water pollution to deforestation and hazardous chemical use, the environmental footprint of clothing production is substantial. Additionally, the industry's reliance on non-renewable resources exacerbates the problem of resource depletion. With consumers increasingly demanding accountability from brands, the pressure to adopt sustainable practices has never been greater.

Embracing Eco-Friendly Fabrics

Enter eco-friendly fabrics, heralding a new era of sustainable fashion. These fabrics are crafted from renewable, biodegradable, or recycled materials, minimizing the environmental impact of clothing production. From organic cotton and hemp to bamboo and recycled polyester, the options for eco-conscious consumers are expanding rapidly.

Modal : Modal fabric, a bio-based material made from beech tree cellulose, is an eco-friendly alternative to cotton. Beech trees require minimal water, making the production process 10-20 times more water-efficient. This light, airy fabric has a silky, breathable texture, making it an excellent choice for summer wardrobes. Its comfort and safety make it ideal for those with allergies or sensitive skin and it is much easier to care for. This semi-synthetic fiber is derived from beech tree pulp. Beech trees, like bamboo, are self-seeding and a renewable resource. Modal fabric has become a popular choice of fabric for lingerie, and nightwear in the apparel industry, and leading brands including SOIE amongst many others are embracing this trend with a range of products in the Modal Fabric collection. 

Organic Cotton : Unlike conventional cotton, which relies heavily on pesticides and synthetic fertilizers, organic cotton is grown using natural methods that promote soil health and biodiversity. By eschewing harmful chemicals, organic cotton cultivation reduces water consumption and prevents soil contamination, making it a more sustainable choice for clothing production.

Hemp : Hemp is a versatile and eco-friendly fiber that requires minimal water and pesticides to grow. Renowned for its durability and breathability, hemp fabric is well-suited for a wide range of clothing applications. Moreover, hemp cultivation can help mitigate deforestation and soil erosion, making it an environmentally responsible choice for fashion brands.

Bamboo : Bamboo fabric, derived from the fast-growing bamboo plant, is gaining popularity for its sustainability credentials. Bamboo cultivation requires little water and no pesticides, making it a highly renewable resource. Additionally, bamboo fabric possesses natural antibacterial properties and is biodegradable, further enhancing its eco-friendly appeal.

Recycled Polyester : Conventional polyester, derived from non-renewable fossil fuels, is a major contributor to environmental pollution. However, recycled polyester offers a sustainable alternative by repurposing post-consumer plastic waste into high-quality fabric. By diverting plastic from landfills and reducing the need for virgin polyester production, recycled polyester helps mitigate the environmental impact of clothing manufacturing.

Driving Sustainable Innovation

The rise of eco-friendly fabrics has catalyzed a wave of innovation within the fashion industry. Brands are increasingly investing in research and development to explore new materials and production methods that minimize waste and environmental harm. From bio-based textiles made from agricultural by-products to closed-loop manufacturing processes that recycle water and chemicals, sustainable fashion is at the forefront of technological advancement. Furthermore, consumer awareness and demand play a crucial role in driving the adoption of eco-friendly fabrics. As more individuals prioritize sustainability in their purchasing decisions, brands are compelled to align with these values or risk losing relevance in the market. Social media and digital platforms have become powerful tools for raising awareness about sustainable fashion practices and holding brands accountable for their environmental impact.

While the emergence of eco-friendly fabrics represents a significant step towards a more sustainable fashion industry, challenges remain on the path to widespread adoption. Issues such as supply chain transparency, labor rights, and affordability pose ongoing hurdles for brands seeking to integrate sustainable practices into their operations. Moreover, consumer education and behavior change are essential for fostering a culture of sustainability that transcends fleeting trends. As we look to the future, collaboration and collective action will be key to realizing the vision of a truly sustainable fashion ecosystem. From designers and manufacturers to policymakers and consumers, each stakeholder has a role to play in advancing the cause of environmental responsibility in fashion. By embracing eco-friendly fabrics and adopting holistic sustainability practices, the industry can pave the way for a brighter, more resilient future—one where fashion is not only stylish but also ethical and eco-conscious.

In conclusion, the emergence of eco-friendly fabrics marks a pivotal moment in the evolution of the fashion industry. By prioritizing sustainability and innovation, brands have the opportunity to redefine the norms of clothing production and consumption. As we navigate the complexities of a rapidly changing world, the embrace of eco-friendly fabrics offers hope for a more sustainable future—one where fashion is not just a reflection of style but also a catalyst for positive environmental change.

This article is written by Amrit, Sethia, Vice President, SOIE - Ginza Industries Ltd. 

• Sustainable brands
• Fashion Industry
• retail brands

The inaugural NRF 2024: Retail’s Big Show Asia Pacific, organized by the National Retail Federation (NRF) in collaboration with global event organizer Comexposium, concluded successfully, making a significant impact on the future of retail. Held at the Sands Expo and Convention Centre in Singapore from June 11-13, the three-day event attracted over 7,000 registrations and participation from 238 exhibitors across Asia Pacific and the globe.

Diverse and Insightful Sessions

Themed “Fast Track Your Success,” NRF 2024 featured over 100 speakers across 60 sessions, including keynotes, panel discussions, special programs, and tours. These sessions addressed the latest trends, technologies, and strategies transforming the retail landscape in Asia Pacific. Industry leaders from renowned companies such as AEON Group, Amazon, Coca-Cola, Central Retail Corporation (Thailand), Domino’s, Fast Retailing (UNIQLO), Hermès, Mastercard, Moët Hennessy, Puma, Lotte Corporation, and Wumart, among others, shared their insights on topics ranging from omnichannel retailing and sustainable practices to the integration of artificial intelligence (AI) and the evolution of customer experience.

Positive Exhibitor Feedback

"NRF 2024: Retail's Big Show Asia Pacific met our expectations as an exhibitor in areas of attendance, thought leadership, and influence. It's clear that this event is a pivotal platform for driving the future of retail, fostering meaningful connections, and sparking transformative ideas,” said Mette Krogh, Chief Marketing Officer, RELEX Solutions. “We are looking forward to leveraging the invaluable insights and connections gained at the event to propel our initiatives for Asia Pacific forward.”

Showcasing Innovative Technologies

A standout feature of the event was the NRF Innovation Lab, which showcased the most visionary retail technologies available today. Attendees experienced firsthand advancements in areas such as AI, augmented reality, data analytics, and Web3, poised to power the new retail in the digital age.

Impressed Industry Leaders

"As a speaker, I was impressed by the breadth of topics covered and the depth of expertise shared at the conference,” said Xu Ying, President, Wumei Technology Group. “The showcase of retail solutions at the expo, and the exchange of innovative ideas and best practices, have left a lasting impact. NRF 2024: Retail’s Big Show Asia Pacific has not only set a new standard for industry events but also solidified its influence as a cornerstone for retail thought leadership and innovation.”

Warm Reception Across the Region

“The warm and favorable reception we have received from retail communities spanning India, Japan, China, the Philippines, Vietnam, and New Zealand strongly indicates a significant demand for a pan-regional retail event,” said Ryf Quail, Managing Director, NRF 2024: Retail’s Big Show Asia Pacific, Comexposium. “The energy and enthusiasm from participants have been incredible, underscoring the dynamic and evolving nature of the retail industry in the region. We are proud to provide a platform for knowledge exchange, networking, and innovation that drives the industry forward.”

Looking Ahead to NRF 2025

Looking ahead, NRF is excited to announce that NRF 2025: Retail's Big Show Asia Pacific will take place on June 3-5, 2025, at the same iconic venue in Singapore. The upcoming event promises to build on the success of this year’s show, with even more visionary speakers, pioneering technologies, and unparalleled networking opportunities.

Rebooking has commenced for existing exhibitors, with bookings for new exhibitors opening from July 1, 2024. Retail professionals, technology innovators, and industry stakeholders are encouraged to mark their calendars and join the largest and most influential retail conference in the Asia Pacific region.

The rise of Indian beauty consumerism can be directly related to the new-age adage that self-care is synonymous with empowerment. Post-COVID, this transformation has accelerated, driven by a surge in digital-first approaches and a growing appetite for beauty products across diverse markets, including the elusive Tier II and Tier III cities, which until recently stuck to the legacy brands. One such company, House of Beauty, exemplifies this evolving landscape – blending digital innovation with a robust offline presence to redefine consumer engagement and satisfaction.

Mansi Sharma, Co-founder & Creative Director, Boddess Beauty & House of Beauty, shed light on this dynamic shift: "In the last five years, especially in the D2C space, we have seen a proliferation of around 800 brands, many of them focused on beauty. This surge is fueled by the financial independence of Indian women and their increasing discretionary spending." Additionally, she emphasized how attitudes towards self-care had evolved: "Unlike previous generations, today's women take pride in indulging in beauty products. It's about serving yourself before others, a reflection of changing societal norms."

The emergence of this new consumer base is characterized by increased access to information, facilitated by social media platforms. Consumers in these regions are knowledgeable about skincare ingredients like Niacinamide, the benefits of Korean beauty brands, and the latest trends in color cosmetics. This awareness has incited demand and contributed to the buoyancy of the beauty industry.

Omnichannel Expansion

Boddess Beauty began its journey as a digital-first company, leveraging the power of e-commerce to reach a wide audience. However, recognizing the unique advantages of physical retail, Mansi noted, "Our roots were always in offline retail, with over 200 stores for The Body Shop and 20 stores for Kiehl's. We understood the credibility and engagement that came from a physical store experience."

The influence of brand ambassadors (BAs), the strategic advantage of prime mall locations, and the art of visual merchandising play pivotal roles in shaping consumer perceptions and preferences. These elements collectively transform global brands into locally resonant entities that captivate the Indian consumer market, making products not just accessible but also compelling choices for shoppers across the country.

Mansi highlighted the strategic shift towards an omnichannel approach: "While online channels help in discovery and push marketing, offline stores provide unparalleled credibility and customer engagement. It's about bridging the gap between digital discovery and physical interaction."

This trend underscores why leading brands continue to invest in offline retail despite a decline in sales in this sector. By enhancing its physical presence, such as implementing trial stations in key stores like those of The Body Shop equipped with sinks for testing products like shower gels and face washes, House of Beauty has been able to maintain consumer engagement and drive higher conversion rates. “While offline operations may not allow for the same aggressive discounting seen online, they have proven to be a more profitable model and significantly bolster brand credibility. This commitment to offline expansion is evident across our portfolio, including newer in-house brands like The Honest Tree and established global brands,” she revealed.

Venturing into Tier II and Tier III

Looking ahead, Boddess Beauty plans to deepen its footprint in Tier II and Tier III cities. Mansi elaborated, "Some of our most profitable stores per square foot are in cities like Itanagar and Agartala. There's a significant demand for international beauty brands and niche products like salicylic acid, reflecting the untapped potential in these markets."

When Kylie Cosmetics launched less than a month ago, the search trends from these geographical locations for the Kylie Jenner brand were immense. This surge in interest can be attributed to the significant amount of time people from these cities spent on social media platforms.

She highlighted their growth strategy: "Expanding into these regions isn't just about market penetration; it's about meeting the evolving beauty needs of consumers who are increasingly informed and aspirational. The kind of appetite that rests there is yet to be tapped into and I think we're just scratching the surface right now as an industry.”

Innovation and Sustainability

Central to House of Beauty's ethos is a commitment to clean beauty and sustainability. Mansi explained, "Our product portfolio prioritizes vegan and sustainable options. Whether it's through brands like Neal's Yard Remedies, Juice Beauty, The Body Shop, The Honest Tree, Kylie Cosmetics, we aim to offer products that are safe, effective, and aligned with modern consumer values."

However, adopting clean and ethical norms comes with its own set of challenges. For instance, while building The Honest Tree brand, Mansi became aware of the issues with the manufacturing side of the products.

“Manufacturing often goes overlooked by retailers and brand developers, despite its critical role in product execution. While creating a new beauty brand involves defining a niche, building a unique product concept, and establishing a clear differentiation strategy, the actual manufacturing process presents distinct challenges. These include negotiating margins, sourcing quality ingredients, selecting appropriate packaging, and ensuring all necessary certifications for product claims. These challenges are compounded by cultural norms within manufacturing facilities, where women negotiating directly with suppliers were met with surprise or skepticism,” she stated.

Overcoming these initial barriers was just the beginning, as the broader challenge lay in navigating the intricacies of production in India's competitive market landscape. Price sensitivity among Indian consumers further complicated matters, with even minor price variations influencing purchasing decisions significantly. Balancing product quality and affordability became crucial, as exceeding certain price thresholds could hinder consumer adoption, regardless of product superiority.

Despite these complexities, strategic approaches to manufacturing and pricing have allowed Mansi to thrive, albeit with ongoing challenges and opportunities for improvement.

While the company has embraced technology, including AR/VR for virtual trials and advanced analytics for personalized marketing, Mansi emphasized, "AI integration is an area for future exploration. Our focus remains on creating seamless, omnichannel experiences that blend digital convenience with physical engagement."

Looking ahead, Mansi envisions expanding their portfolio and geographical reach: "Our goal is to make premium beauty accessible across India, adapting global brands to resonate with the Indian consumer mindset. This includes expanding our reach to new cities and enhancing our distribution network."

Founded in 2011, ShopClues started with a mission to provide a seamless shopping experience, offering a vast array of products across numerous categories. Over the years, it has grown exponentially, catering to millions of customers and sellers alike. In 2019, the company took a significant leap forward when it was acquired by Qoo10, one of the world's largest online marketplaces. This acquisition aimed to bridge the gap between Southeast Asian consumers and Indian products while aligning with Qoo10's vision of global connectivity and convenient, secure shopping.

In an exclusive interaction, Anuraag Gambhir, MD, Shopclues explained the company's meticulous rise. Its journey can be divided into two phases: ShopClues1 and ShopClues2. ShopClues1, from its inception in 2011 until 2019, focused on becoming the platform for first-time buyers. The company partnered with over 40 courier companies to achieve the highest pin code coverage in India, targeting Tier III and Tier IV markets. "Our marketing initiatives were always focused towards Tier III and Tier IV markets. We built our foundation on the value segment shopper. At that time, we were the only ones who were playing in that space. I think that was a time when our technology capabilities were differentiating us from everybody else," he recalled.

Working closely with sellers, businesses, SMEs, and MSMEs, Shopclues set out to empower them and bring them online. Today, they have about 1.1 million plus registered sellers on the platform!

In November 2019, Qoo10 acquired ShopClues, marking the beginning of ShopClues2. Qoo10, a Singapore-based e-commerce company, has a strong presence in Southeast Asia, including Singapore, Korea, Japan, Malaysia, Philippines, Indonesia, and Vietnam. The acquisition enabled us to leverage Qoo10's extensive network and expertise in cross-border trade. "Qoo10's vision has always been cross-border trade. Our strength lies in facilitating seamless and fast cross-border transactions," Gambhir explains.

ShopClues Bazaar

To better serve budget-conscious customers, especially in Tier II and Tier III cities, ShopClues introduced "ShopClues Bazaar”. This section mirrors the traditional ShopClues model, focusing on affordable products tailored to the needs of these markets. Gambhir emphasized that empowering MSMEs had always been the core mission of the company. "Empowering MSMEs has been at the forefront of our strategic discussions and the defining force behind all our initiatives," says Gambhir.

Biting the E-commerce Pie

The Indian e-commerce market, currently valued at approximately $60-70 billion annually, is expected to grow to $200 billion by 2030, according to government estimates. The e-commerce export market, which ShopClues is targeting, aims to reach $200-300 billion as part of India's broader $2 trillion export goal. "There's a potential for a hundredfold increase in e-commerce exports over the next six years," Gambhir shares. He is confident that Indian products, known for their quality and competitive pricing, will see increasing demand globally.

Empowering MSMEs to Go Global

One of the key benefits ShopClues offers MSMEs is the ability to expand globally without incurring significant upfront costs. Gambhir highlights two primary costs that brands save by partnering with ShopClues: information costs and inventory costs. "Understanding local governing laws and customs of different countries can be challenging and expensive. We save brands this cost. Additionally, they no longer need to take inventory abroad and risk unsold stock," he notes.

By allowing sellers to list products directly from India and ship only upon receiving orders, ShopClues eliminates the need for local warehousing. The company charges minimal operational costs for translation and content management, along with a standard commission of 5 to 20 percent on each transaction. "We make it as easy for them to list on global marketplaces as it is on domestic ones. The differentiator is our ability to do seamless and fast cross-border transactions. So if somebody wants to list their products in another part of the country, he will be given an end-to-end solution as part of ShopClues and Qoo10 family. Qoo10 also has Q-Express, a logistics company. Q-Express helps from an operational point of view and deals with complicated cross-border logistics,” explained Gambhir.

The Role of AI in E-Commerce

Artificial Intelligence plays a significant role in enhancing e-commerce operations. Gambhir explains that AI improves efficiency across various aspects of the business, from customer service to social media management. "For us, 70 percent of queries are now handled by Chatbots, which can detect customer mood and respond faster than human agents," he says. AI also aids in cataloging and generating social media content, making operations smoother and faster. “I think AI will just help things move 40 percent to 50 percent faster in a lot of things,” he added.

ShopClues' Unique Position in the Market

With its association with Qoo10 and now Wish.com, ShopClues has access to a vast network and robust logistics infrastructure. This enables the company to differentiate itself by facilitating global trade for Indian brands. "Our edge lies in our ability to take brands global, not necessarily competing head-on with giants in certain geographies," Gambhir explains. The company focuses on overcoming language, cultural, and geopolitical barriers to boost trade between India and other countries.

Projections and Future Goals

Currently, ShopClues' e-commerce export business operates at a $12 million run rate, with ambitions to reach $100 million by the end of the year. Additionally, the company is working closely with the government to digitize MSMEs and artisans, further expanding its sourcing capabilities. "Our target is to reach $100 million in e-commerce exports by the end of the year, and we are confident in achieving this goal," says Gambhir.

ShopClues is poised for significant growth, driven by its commitment to empowering MSMEs and facilitating global trade. With the support of Qoo10 and Wish.com, the company continues to innovate and expand, offering unparalleled opportunities for Indian brands to reach global markets. As Gambhir aptly puts it, "If any small, medium Indian brand wants to go global today, we are the platform they should come to."

Copyright © 2009 - 2024 Franchise India Holdings Ltd

Complete Guide to Start Cosmetics Business in India

This comprehensive guide will walk you through every step of the process, from creating a business plan to navigating the legal requirements. We’ll also share valuable insights and tips from industry experts to help you succeed in this competitive market. So grab your favourite lipstick and get ready to embark on an exciting journey into cosmetics entrepreneurship.

Why to Start a Cosmetics Business?

Starting a cosmetics business offers numerous compelling reasons. Firstly, the beauty industry is consistently thriving, making it a financially rewarding venture. With the right products and marketing, it can yield substantial profits. Secondly, it allows for creativity and innovation, as you can develop unique cosmetic formulations, colours, and packaging that cater to diverse consumer preferences.

The cosmetics industry is also highly adaptable to e-commerce, enabling a broad customer reach. Moreover, the growing trend towards clean, natural, and cruelty-free cosmetics provides an opportunity to promote ethical and sustainable practices. Ultimately, a cosmetics business offers the chance to combine passion, profitability, and purpose.

Here are 6 Tips on How to Start a Cosmetic Business

Starting a cosmetic business can be an exciting and lucrative venture, but it requires careful planning and a deep understanding of the beauty industry. Here are six essential tips to help you kickstart your cosmetic business and make it a success:

Think Like a Beauty Entrepreneur:

To succeed in the cosmetic business, you need to think like a beauty entrepreneur. This means having a passion for beauty products, staying up-to-date with industry trends, and constantly seeking innovation. Successful beauty entrepreneurs are visionaries who can anticipate the needs and desires of their target audience.

Select a Niche:

The beauty industry is vast, and competition can be fierce. To stand out, it’s essential to choose a specific niche within the cosmetic market. Consider what you’re passionate about and where you see a gap in the market. Whether skincare, makeup, haircare, or a combination, focusing on a niche will help you tailor your products to a specific audience and build a dedicated customer base.

Deep Industry Analysis:

Before launching your cosmetic business, conduct thorough market research. Understand your competitors, target audience, and trends in the cosmetic industry. Identify what sets your products apart and how you can offer unique solutions to customer needs. A comprehensive industry analysis will help you make informed decisions throughout your journey.

Know the FDA’s Regulations:

The cosmetics industry is heavily regulated, especially in terms of safety and labelling. Familiarize yourself with the Food and Drug Administration’s (FDA) regulations for cosmetics to ensure that your products comply with all requirements. This includes ingredient safety, labelling, and testing procedures. Compliance is crucial to building trust with customers and avoiding legal issues.

Create Your Marketing Plan:

A well-thought-out marketing plan is essential for the success of your cosmetic business. Define your brand’s identity, target audience, and unique selling points. Develop a robust digital marketing strategy that includes social media, a user-friendly website, and e-commerce capabilities. Utilize influencer marketing and partnerships to increase brand visibility. A strong marketing plan will help you connect with your customers and drive sales.

Hire Cosmetics Manufacturer for Product Development:

Unless you have extensive experience in cosmetics formulation, it’s wise to partner with a reputable cosmetics manufacturer for product development . They can help you create high-quality, safe, and effective beauty products that meet industry standards. Collaborate closely with your manufacturer to ensure your vision for your cosmetic line comes to life.

So, starting a cosmetic business requires a combination of passion, research, and careful planning. By thinking like a beauty entrepreneur, selecting a niche, conducting deep industry analysis, understanding FDA regulations, creating a robust marketing plan, and partnering with a cosmetics manufacturer, you’ll be well on your way to building a successful cosmetic brand. 

Remember that success in the beauty industry often takes time and persistence, so stay dedicated to your vision and adapt to changing market conditions as needed. With the right strategy and commitment, your cosmetic business can thrive in this competitive market.

Conclusion: CTA

So, if you have dreamed of starting your own cosmetics business in India, RevieraOverseas is here to help you turn that dream into a reality.

Our complete guide provides all the necessary information and resources to start and grow your cosmetics business in India. From understanding the market to navigating legal and regulatory requirements, we’ve got you covered. Get expert advice, tips, and strategies from industry professionals who have been there and done that.

Don’t wait any longer! Access our complete guide today and take the first step towards launching your successful cosmetics business in India with RevieraOverseas .

Posted in Knowledge Center on October, 2023

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• 5 April, 2024

Market Analysis for Cosmetics Business

Before starting a cosmetics business, conducting a thorough market analysis is essential to understand the industry landscape and identify opportunities for success. This analysis involves examining industry growth trends and understanding consumer preferences and expectations.

Industry Growth Trends

The cosmetics industry is experiencing significant growth, making it an attractive market for aspiring entrepreneurs. By 2027, the revenue in the beauty and personal care industry is projected to exceed $101 billion, indicating a robust and flourishing market ( Exploding Topics ). This growth can be attributed to factors such as increasing consumer awareness, evolving beauty standards, and the rise of social media influencers.

To capitalize on this growth, cosmetics businesses must stay up to date with the latest industry trends. Exploring emerging trends in the market, such as natural and organic beauty products or luxury and high-end beauty offerings, can help businesses align their product offerings with consumer demands.

Consumer Preferences and Expectations

Understanding consumer preferences and expectations is crucial for a successful cosmetics business. Today’s consumers seek personalized experiences when shopping, with 71% expecting a tailored approach. This emphasizes the importance of customization and personalization in product offerings and marketing strategies.

In the beauty industry, consumers are more likely to buy from businesses that offer personalized experiences. For instance, providing online quizzes to recommend specific beauty products or offering virtual reality or AI experiences for trying out products online can significantly influence purchasing decisions ( Exploding Topics ).

Moreover, the demand for natural and organic beauty products is on the rise. The market for natural beauty and cosmetics is projected to reach $59 billion by 2031, highlighting the growing interest in eco-friendly and sustainable options ( Exploding Topics ). Incorporating natural and organic options into product lines can attract environmentally-conscious consumers and tap into this expanding market segment.

Social media platforms like TikTok and Instagram play a significant role in the cosmetics industry. Around 60% of users have made beauty purchases after seeing products on social media, with TikTok emerging as a prime platform for beauty content. Leveraging social media marketing strategies and collaborating with influencers can help cosmetics businesses reach a wider audience and increase brand visibility.

By analyzing industry growth trends and understanding consumer preferences and expectations, cosmetics businesses can position themselves for success. Incorporating these insights into their business strategies and product offerings can help them meet the evolving demands of the market and attract a loyal customer base.

Business Concepts in the Cosmetic Industry

When venturing into the cosmetic industry, it is essential to consider various business concepts that align with the ever-evolving beauty landscape. Two prominent concepts worth exploring are natural/organic beauty and luxury/high-end beauty.

Natural/Organic Beauty

The natural and organic beauty sector has gained significant traction in recent years. Consumers are increasingly conscious of the ingredients in their beauty products and seek formulations that are free from harmful chemicals and derived from sustainable sources. Embracing natural beauty has become a prevalent trend in the industry, with brands shifting towards authenticity and celebrating real people in marketing campaigns by eliminating Photoshop, choosing more casual imagery, and promoting the no-makeup makeup look ( Constant Contact ).

To tap into the natural/organic beauty market, it is crucial to prioritize transparency and sustainability. Consumers appreciate brands that provide clear information about the sourcing and production methods of their products. Certification from recognized organic or natural beauty organizations can also enhance credibility and align with consumer expectations.

Luxury/High-End Beauty

Luxury or high-end beauty offers a different approach for cosmetics businesses. This concept focuses on providing premium, indulgent, and exclusive products and experiences. Luxury beauty brands often emphasize quality, innovation, and the use of high-end ingredients to create a sense of luxury and allure.

To succeed in the luxury beauty segment, brands must prioritize product excellence, packaging aesthetics, and exceptional customer service. Personalized consultations, exclusive events, and limited-edition releases can enhance the brand’s appeal to discerning customers. Collaborations with renowned influencers or celebrities can also elevate brand visibility and prestige.

Understanding the target audience is crucial when developing a business plan for either natural/organic beauty or luxury/high-end beauty. Analyzing market trends, consumer preferences, and competition within these segments will help guide strategic decision-making and ensure a cohesive brand identity.

By embracing the concepts of natural/organic beauty and luxury/high-end beauty, cosmetics businesses can position themselves effectively in the market and cater to the diverse demands of consumers. It is important to stay informed about emerging trends and adapt business strategies accordingly to thrive in the ever-evolving beauty industry.

Key Strategies for a Successful Cosmetics Business

To thrive in the competitive cosmetics industry, aspiring entrepreneurs should implement key strategies to ensure the success of their business. Two crucial strategies for a successful cosmetics business include identifying target customers and financial forecasting and planning.

Identifying Target Customers

Understanding the target customers is paramount for any cosmetics business. Conducting thorough market research plays a vital role in identifying the needs, preferences, and aspirations of the target audience. By gathering data on customer preferences, product features, packaging designs, and pricing options, businesses can develop products that meet consumer expectations and stand out in the market. This helps in identifying gaps in the market and creating innovative solutions, positioning the business as an industry leader and attracting a loyal customer base. Utilizing social media platforms for market research provides valuable data and insights by monitoring discussions, hashtags, user-generated content, and consumer sentiments. Engaging with the audience on social media helps businesses build a strong brand community, foster loyalty, and gain insights into customer preferences and needs, which can guide product development and marketing strategies. For more information on conducting market research for a beauty business, refer to our article on how to conduct beauty market research .

Financial Forecasting and Planning

Financial forecasting and planning are essential components of a cosmetics business plan. By projecting expected revenues and expenses, entrepreneurs can gauge the potential for growth and determine the business’s success. Financial projections can be based on past performance and assumptions about the future, informed by market research, industry trends, and the company’s strategy ( StartEazy ). It is crucial to consider various financial aspects, including startup costs, production expenses, marketing budgets, and pricing strategies. Accurate financial forecasting helps in identifying potential challenges and opportunities, making informed decisions, and securing funding from investors or financial institutions. For a comprehensive guide on creating a cosmetics business plan, refer to our article on how to start a cosmetics business .

By implementing these key strategies, cosmetics business owners can position themselves for success in the dynamic beauty landscape. Identifying target customers ensures that products meet consumer expectations, while financial forecasting and planning provide a solid foundation for growth and profitability. With a well-defined target audience and a sound financial roadmap, entrepreneurs can navigate the cosmetics industry with confidence and drive their business towards success.

Components of a Cosmetics Business Plan

To navigate the beauty landscape and successfully start a cosmetics business, it’s essential to have a well-crafted business plan in place. A cosmetic business plan is a comprehensive document that outlines a company’s goals, business model, target customers, products, operations, marketing strategies, competitive analysis, and financial projections. It serves as a roadmap for both starting and growing a cosmetics business.

Executive Summary

The executive summary is a concise yet engaging snapshot of your entire business plan. While it is typically written last, it is the first section of the plan that potential investors or stakeholders will read. The executive summary should provide a brief overview of your business model, target customers, unique selling proposition, team, and financial projections. It should be compelling enough to grab the reader’s attention and entice them to continue reading the rest of the plan.

Market Analysis

The market analysis section is a critical component of a cosmetics business plan. It provides an in-depth overview of the cosmetics industry, including market size, growth trends, and key players. Conducting thorough market research and presenting it in this section demonstrates your knowledge of the industry and provides valuable context for strategic planning. It helps answer questions about consumer preferences, emerging trends, and potential opportunities ( UKPACK ).

Segmenting your target customers is an important part of the market analysis. This involves defining the specific customer segments you plan to target, considering both demographic and psychographic characteristics. By understanding your target customers in detail, you can develop effective marketing strategies tailored to their needs and preferences. It’s crucial to outline the segments you plan to serve and highlight the strategies you will employ to reach and engage them.

Product Line Description

In the product line description section, you should provide a detailed overview of the cosmetics products you plan to offer. This includes a description of each product, its key features, unique selling points, and any innovation or differentiation that sets it apart from competitors. You should also outline any plans for expanding or diversifying your product line in the future.

Additionally, it’s important to highlight the benefits and value that your products offer to customers. Whether it’s natural and organic formulations, luxury and high-end cosmetics, or any other unique selling proposition, clearly communicate how your products meet the needs and desires of your target customers.

By including an executive summary, market analysis, and product line description in your cosmetics business plan, you lay the foundation for a comprehensive and well-rounded document. This allows potential investors and stakeholders to understand your vision, evaluate market opportunities, and assess the potential success of your cosmetics business. Remember to utilize the information and insights gained from market research to support your analysis and projections throughout the plan.

Marketing and Sales Strategy

To ensure the success of your cosmetics business, a well-defined marketing and sales strategy is essential. This section of your cosmetics business plan outlines the approach you will take to promote and sell your products to your target audience.

Operations Plan

The operations plan details the day-to-day activities and processes involved in running your cosmetics business. It covers various aspects such as product sourcing, manufacturing, inventory management, distribution, and customer service. It is crucial to have a clear understanding of how your business will operate to ensure smooth and efficient operations.

Some key components to consider in your operations plan include:

Product Sourcing : Outline how you will source the ingredients and materials needed for your cosmetics products. This may involve partnerships with suppliers or the development of in-house manufacturing capabilities.

Manufacturing Process : Describe the steps involved in manufacturing your cosmetics products. This includes formulation, testing, packaging, and quality control measures to ensure that your products meet the highest standards.

Inventory Management : Explain how you will manage your inventory to ensure that you have an adequate supply of products to meet customer demand. This involves monitoring stock levels, implementing efficient storage systems, and establishing reorder points to avoid stockouts.

Distribution Channels : Define the distribution channels through which you will sell your cosmetics products. This may include online sales platforms, retail partnerships, or direct-to-consumer channels. Consider the logistics involved in delivering products to your customers in a timely manner while minimizing shipping costs.

Customer Service : Detail your plans for providing excellent customer service. This may include implementing a customer support system, handling returns and exchanges, and addressing customer inquiries or concerns promptly.

Financial Projections

The financial projections section of your cosmetics business plan provides a comprehensive overview of the financial aspects of your business. It includes projected revenue, costs, and profitability over a specific timeframe. Accurate financial forecasting is crucial for making informed decisions and attracting potential investors.

Key elements to include in your financial projections:

Income Statement : Present a detailed income statement that outlines your projected revenues, cost of goods sold, operating expenses, and net income. This statement provides a snapshot of your business’s financial performance.

Balance Sheet : Include a balance sheet that showcases your business’s assets, liabilities, and equity. This statement helps evaluate your business’s financial health and solvency.

Cash Flow Statement : Provide a cash flow statement that outlines your projected cash inflows and outflows. This statement helps assess your business’s liquidity and cash management.

Assumptions : Clearly outline the assumptions you have made regarding revenue growth, costs, and other financial variables. These assumptions should be based on thorough market research and analysis.

By presenting a comprehensive operations plan and financial projections, you demonstrate to potential investors and stakeholders that you have a well-thought-out strategy for running your cosmetics business. This instills confidence and highlights the potential for profitability and growth.

To further explore the exciting cosmetics business opportunities and gain insights into how to start a successful cosmetics business, refer to our related articles.

Funding and Growth Opportunities

When starting a cosmetics business, securing funding is often a crucial step towards success. Additionally, understanding the growth potential of the global market can help entrepreneurs make informed decisions about expanding their business. In this section, we will explore different sources of funding and the global market potential for the cosmetics industry.

Sources of Funding

Entrepreneurs looking to start a cosmetics business have several options for securing funding. These may include:

Personal Savings : Many entrepreneurs begin by investing their own savings into their cosmetics business. This can provide a solid foundation and demonstrate commitment to potential investors or lenders.

Friends and Family : Another source of funding can be friends and family members who believe in the business idea and are willing to invest or provide a loan.

Small Business Loans : Entrepreneurs can explore small business loans offered by banks or financial institutions. These loans usually require a detailed business plan and collateral, but they provide a reliable source of funding.

Angel Investors : Angel investors are individuals or groups who provide capital to startups in exchange for equity or convertible debt. Connecting with angel investors who have an interest in the cosmetics industry can provide not only funding but also valuable industry knowledge and connections.

Venture Capital : Venture capital firms invest in high-growth potential businesses in exchange for equity. While venture capital funding may be more challenging to secure, it can provide significant financial resources to fuel rapid growth and expansion.

Crowdfunding : Crowdfunding platforms allow entrepreneurs to raise funds from a large pool of individuals who believe in their business idea. This can be an effective way to generate capital while also building a community of supporters.

It’s important for cosmetics business owners to carefully evaluate their funding options and choose the one that aligns with their business goals and growth plans. Each source of funding may have its own requirements and considerations, so thorough research and planning are essential.

Global Market Potential

The cosmetics industry is a thriving and lucrative market with significant growth potential on a global scale. Here are some key insights into the market potential:

In 2020, the global cosmetics market was valued at $262.21 billion, and it is projected to grow by 4.2% between 2023 and 2030 ( Cosmopacks ). This growth indicates a continued demand for cosmetics products and services.

The United States holds the largest cosmetics market globally, followed by China, Japan, Brazil, and India ( Medium ). These countries demonstrate significant potential for growth and profitability in the cosmetics industry.

India’s cosmetics industry was estimated to be worth USD 24.53 billion in 2022 and is expected to reach USD 33.33 billion by 2027, growing at a 6.32% compound annual growth rate (CAGR). This indicates a promising market for cosmetics businesses in India.

The global beauty industry, which encompasses cosmetics, is currently valued at $532 billion and is projected to reach $800 billion by 2025 ( Pollfish ). This growth potential highlights the opportunities available for cosmetics businesses to expand their reach and tap into new markets.

In the United States alone, the beauty industry generated nearly $50 billion in 2020, indicating a thriving market for beauty products and services. This market size underscores the potential for growth and profitability in the cosmetics industry.

Understanding the global market potential allows cosmetics business owners to strategize their growth plans, target specific regions or demographics, and explore opportunities for international expansion. However, it’s important to conduct thorough market research and tailor business strategies to the unique characteristics of each target market.

By exploring various funding options and recognizing the global market potential, entrepreneurs can position their cosmetics business for success and growth in the ever-evolving beauty landscape.

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Unique cosmetic business ideas for success, successful cosmetic business plan from scratch, cosmetic license, pretty profits: cosmetic business simplified.

Over the years, the skincare market in India has grown significantly, driven by reasons such rising disposable incomes, greater skincare awareness, changing lifestyles, and a rising preference for personal grooming. The skincare market size in India was estimated to be worth several billion dollars. To start a successful cosmetics business company, do extensive market research to identify your target market and rivals. Create a thorough business plan that details your merchandise, costs, marketing approach, and financial projections.

Complete all required legal requirements, including obtaining licenses and business registration. Design appealing packaging, find or make high-quality cosmetics, and build strong supplier connections. Develop a strong online identity by creating a business website and using social media platforms, and use powerful marketing techniques to advance your brand. For long-term success of cosmetic business in India deliver first-rate customer service, follow legal and financial regulations, and monitor your finances carefully for expansion and sustainability.

Read more : How to Start Lipstick Making Business In India ?

To validate your chosen concept and comprehend the preferences and wants of your target customers, remember to undertake thorough research of the cosmetic market in India. 

Some cosmetic business ideas you could consider are  :

Organic/Natural Cosmetics Line :Making cosmetics with a variety of  natural and organic ingredients to appeal to customers who value green products and those without chemicals.

personalized makeup Products :Provide customers with individualized cosmetics products that are matched to their specific skin tones, tastes, and requirements.

Men’s Grooming Products : Create a range of cosmetics, skincare, and beard care products that are particularly made for guys.

Sustainable Packaging Brand : Focus on environment friendly and sustainable packaging options for cosmetics to assist firms lessen their impact on the environment.

Vegan/Cruelty-Free Cosmetic : Introduce a range of completely vegan and cruelty-free cosmetics to appeal to customers that appreciate morally upright and animal-friendly goods.

Specialized Skincare solution : Develop specialized skincare items for ailments like acne, ageing, or sensitive skin.

Inclusive Beauty Products : Develop a line of cosmetics that accommodate various skin tones and kinds to promote inclusivity and representation.

Cosmetic Accessories :Create and market distinctive cosmetic equipment, brushes, and accessories that improve the use and application of makeup.

  DIY Beauty Kits : Provide DIY beauty kits, which let clients make their own cosmetics at home and offer a creative and enjoyable experience.

Subscription Beauty Boxes  : Provide customers with a surprise and convenience by curating and delivering monthly subscription boxes filled with different skincare and cosmetics products.

It would be a good idea to start a specialized organic cosmetics brand that combines the attractiveness of natural components with a flexible approach, enabling clients to customize makeup items to their own preferences and skin tones. This innovative combination distinguishes your cosmetic company in the cutthroat industry while catering to eco-conscious clients and providing a personalized beauty experience. The road map for the success of cosmetic companies in India is laid out in a thorough business plan for cosmetics.

It starts with a concise executive summary that highlights the idea behind your company, your mission, and your main goals. To better understand your target market, industry trends, and competitors, conduct in-depth market research. Define your product line, supplying information on the components, processes, and packaging. Create a price plan that takes market positioning, production costs, and perceived value into account.

Your approach should include information on branding, social media presence, influencer partnerships, and potential advertising channels. Describe your distribution methods, including if you use physical stores, an e-commerce platform, or both. Include financial predictions that detail initial costs, ongoing costs, projected sales, and profit margins. Highlight the skills and responsibilities of your team while addressing any legal and regulatory constraints.

Talk about your manufacturing and supply chain procedures, making sure that quality requirements are followed. A good cosmetic shop business plan illustrates your in-depth knowledge of the sector and outlines a calculated path to success, making it a crucial document for prospective lenders or investors.

Read More : How to Start A Beauty Parlour Business In India ?

A crucial first step in starting your cosmetics business is obtaining a cosmetic license. This licence guarantees that your products follow safety and legal requirements, protecting the welfare of consumers. A critical first step in opening a cosmetics company is obtaining a cosmetic license. Your cosmetic items will be in compliance with safety and legal requirements thanks to this license. Depending on the nation and jurisdiction, different conditions and procedures may be needed to receive a cosmetic license. The following steps are typically involved

Research Regulations : Do some research on the laws and requirements pertaining to cosmetics in your nation or region. Regulations may include standards for product claims, labeling, packaging, and ingredient safety.

Formulation and Ingredients  : Ensure that the ingredients you employ are secure, authorized for use in cosmetics, and adhere to any limitations or restrictions imposed by regulatory bodies.

Product testing  : Put your cosmetic items through the appropriate efficacy and safety checks. Testing for stability, skin sensitivity, and other pertinent issues may be necessary.

Labeling Compliance : Create labels for products that accurately list ingredients, offer usage guidance, issue warnings, and include contact information. Labels should follow legal requirements.

Product Information File (PIF) : For each cosmetic product, prepare a thorough Product Information File (PIF) that includes details about the product’s formulation, safety evaluation, and other pertinent information.

Submit Application : Prepare your application for a cosmetic license and send it to the relevant regulatory body. This can entail giving the necessary information, such as test findings and supporting documents.

Review and Approval : Your application and any accompanying materials will be examined by the regulatory body. They might evaluate the compliance and safety of your items.

Issuance of License : Upon satisfactory examination and approval, a cosmetic licence will be granted to you, enabling you to lawfully produce and market your cosmetic goods.

Ongoing Compliance : After getting the licence, make sure that rules are followed consistently. Review and update your product formulas, labels, and supporting paperwork as needed on a regular basis.

To successfully manage the licensing procedure and make sure that your goods meet all relevant standards, it is crucial to engage with legal specialists or regulatory consultants who specialize in cosmetics.

Launching a cosmetics company involves thorough planning, commitment, and respect to legal requirements. You may set up your company for success in the cutthroat cosmetics market by conducting in-depth market research, designing a distinctive product line, building a strong brand identity, and putting good marketing methods into practice. Getting a cosmetic license is essential for ensuring the safety of the product and regulatory adherence. Remember that your cosmetics company will expand and last if you consistently innovate, engage your customers, and uphold quality standards.

FAQ’s

How to arrange a cosmetic shop? 

There are various steps involved in arranging a cosmetic shop such as layout, display, product placement, lighting, inventory management, consultation area, customer comfort etc. 

How to make cosmetic products? 

Creating cosmetic products involves several steps. First, research and decide on the type of product you want to make. Next, carefully measure and mix the ingredients following the recipe or formulation you’ve designed.

How to start a cosmetic brand? 

Research the market ,Develop high-quality products and formulation , Create a memorable brand name and log , Comply with regulations for cosmetics manufacturing and labelling.

How to start an online cosmetic business? 

Research the market and identify your target audience , Create a unique brand identity, including a memorable name and logo, Source high-quality cosmetic products from reliable suppliers

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Essentials Of A Cosmetics Business Plan

Beauty and beauty products have always found a favorable audience and continue to be popular and sought after products, thus making beauty and cosmetic products a serious business opportunity that is witnessing a steady and consistent growth. This growth and demand for cosmetic products is seen more so now especially in the times of social media platforms, video blogs and Instagram, when every new cosmetic product is tried, tested, promoted and advertised via several influencers and celebrities.

Starting a fashion business is a good opportunity to consider for aspiring entrepreneurs. Cosmetics business is evergreen & popular sector that has several new products being introduced routinely and is something that most individuals require routinely.

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How to start a cosmetic shop in India?

• December 6, 2021 June 13, 2022

The cosmetics industry is worth billions of dollars and is now expanding at a rapid pace. India’s cosmetics sector is a direct beneficiary of this desire. With a CAGR of 20-25 percent, the retail cosmetic business is estimated to reach USD 4.5 billion by 2025. With more worldwide and local enterprises entering the market, this industry offers a fantastic chance for a young entrepreneur to open a retail store selling these items. Therefore, in this post, we’ll go through everything you would need to know in order to establish your own cosmetics store and how to expand it.

Steps to start a cosmetic shop in India

# financial outlay for opening a cosmetic store.

The start-up costs of your business are mostly determined by the scope of operation of your shop when you set it up. If you start your business on a huge scale in the beginning, the start-up costs would be quite high since you need a large space, a substantial investment to pay your staff a wage, and a good investment to bring all of the excellent brands under one roof.

However, if you start your company on a modest scale, your start-up costs will be much lower because you will just need to rent a small area and will not need to hire a large number of staff.

The following sections detail the costs of opening a cosmetics store:

• Fees for registering a business – $15,000.
• The cost of inventory for your firm is estimated to be roughly Rs 80,000.
• The cost of the furnishings you’ll need for your business is estimated to be between Rs 35,000 and Rs 40,000.
• Around Rs 30,000-35,000 for a PC and printer
• Around Rs 50,000 as a security deposit with your landlord for your business.
• Rent for a store is between Rs 15,000 and Rs 20,000.
• Business employees would be paid roughly Rs 10,000 per month.
• Expenses for advertisements could range from Rs 5,000 to Rs 10,000.
• Expenses for electricity could range from Rs 1,500 to Rs 2,000.
• Other miscellaneous expenditures like that of law and taxation for your company.

You should think about these things before establishing your cosmetic shop so that you can obtain a sense of how much money you’ll need to invest.

# Pointers for running a successful cosmetics business.

Before you start your service, you should think about the following suggestions in order to increase your profit margin in the outset. As the cosmetics industry is predicted to increase in the retail sector, these pointers could come in handy.

1. Follow the FDA’s guidelines:

Before you start your business, be sure that the things you provide to your consumers satisfy all of the safety requirements. The FDA must approve the items you sell to your consumers (Food and Drug Administration). Therefore, it is critical to evaluate your items before launching or selling them to your clients, and you should avoid using any potentially dangerous cosmetics.

2. Importance of Latest Trends:

You can’t sell your stuff to clients if you don’t stay up with the latest trends. If you want to compete effectively with your competitors, you must provide more up-to-date items than they do.

Reading various fashion articles will keep you up to date on the current cosmetic product trends. You can subscribe to many well-known websites in order to remain up to speed on the latest items and offer them to your consumers. If you want to start a cosmetics company, this will assist you a great deal while coming up with several concepts for your company.

You can also conduct surveys to see what kind of items your clients like. This will assist you in gaining a general concept of the things you should have in your shop.

3.Selecting a location:

If you’re looking for a site for your cosmetics company, you should consider renting a space in a busy neighborhood like a marketplace. The rental location should be conveniently accessible to all visitors, since this will increase your profit margin. Find a property where the rent is similarly low, as it will be tough to withstand high costs at first.

4. Publishing and Advertising :

You should publicize your business so that everyone is aware of it, which will, of course, boost leads. You might choose to promote locally to get more clients at a lower cost.

# Common considerations made before launching a cosmetics company:

1. examine your competitors.

Before establishing any business, the first and most important step is to research your competition to obtain a good grasp on how to start yours so that you can outperform them and make more money.

You should be aware of your competitors, what they are offering, and what quality items they are providing to clients because you are not the only one selling such things in the market. You can go to your rivals’ stores and establish a list of the things they sell.

This will also assist you in gaining a general understanding of the things that clients want from vendors. You may also work part-time for a while in a competitor’s firm to acquire an understanding of the items you’ll need before establishing your own.

2. License for your business

Before you begin your business, double-check that you have all of the necessary permits. Before beginning a business, you must first register it with the government and ensure that it complies with all legal requirements. For further information on how to obtain a company license, you may visit a legal expert.

The following are the permits you’ll need to open a cosmetics store in India:

FDA regulations:

You must adhere to FDA standards and buy items from FDA-registered producers who provide quality-tested goods. You must register your company with the Food and Drug Administration (FDA).

Retailers must spend Rs 500 each year to register their firm in order to obtain a licence to sell their items. If you don’t have a license to sell the product, the FDA can take legal action against you, and you might be fined if you sell any fake goods to your clients.

GST registration:

You must register your business for GST before starting your business. Cosmetic enterprises need to register for GST, since the GST Council has authorized specific GST rates for products and services in general.

3. Quality over Quantity

We know that no businessman wants their consumers to complain about the quality of their products, and we know that you intend to establish a new cosmetics business.

You must obtain the items from reputable vendors, and you must ensure that the products have successfully passed all official testing. Your customers will choose your product/service over your competition if you provide them with high-quality items.

4. Choose a better location

Another key consideration when beginning a business is the location of the employment. Because you need to open a cosmetic store, you should consider choosing a location that is visible from the road. It also has to be connected to the power grid.

To make your business successful, it is necessary for the store to be placed in the greatest location possible. This will raise the shop’s rent, but it is a requirement since it will only attract a large number of consumers to your shop.

5. Having more hands on the deck

You can’t sun it all on yourself if you’re trying to run a cosmetics store. Not even in the start of your business, because you’ll be swamped with work.

As a result, you may decide to recruit only one employee at first, and then raise the number of employees as the firm grows and the workload increases. Because it will be extremely impossible for one individual to do all of the job on their own.

6. Aesthetics and decor

It is not necessary to plan for your customers to be seated here. As soon as this occurs, acquire the thing that meets their needs and exit your store. The following are the elements you must install in your business:

• You must guarantee that there is sufficient room in the shop for clients to easily roam about and inspect the merchandise.
• Shelves for the products, in order to correctly organize them
• Billing counters.
• To attract more clients, you should execute a decent paint job at your business and choose neutral colours.

7. Customer service

Maintaining strong contacts with your consumers and speaking with them professionally is the key to your company’s success. You will lose a devoted customer with only one unpleasant action with any consumer. As a result, you should treat them with respect and give them the greatest service possible so that they will return to you again and again.

• Employees should be taught how to deal with customers.
• Give your employees instruction on the many things your store sells.

It is necessary to publicize your goods and attract more people to your shop before you start your business. You may achieve this through local advertising, social media advertising, and even word of mouth. 

You can offer your items at a lower margin at first to establish a reputation in the market, which will also help you compete with your competition. However, you must ensure that the things you are selling are of high quality. This will not make you more money in the near term, but it will make you a lot of money in the long run.

# Conclusion

Setting up any sort of business requires an immense amount of research and development. It is also quite intimidating to enter into this field, especially if you are about to start from scratch. The entrepreneurial space is a competitive world, and it can take you a long time to establish your ground. However, it is not impossible. 

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How To Start Cosmetic Retail Store – In India

Table of contents, registration, license, and permissions required to start cosmetic retail store in india, finding beauty care and cosmetic suppliers in and around your area, choosing beauty care products, demand for natural organic beauty care products, choose a location to start a cosmetic retail store, equipment and furniture required to setup the cosmetic retail store, marketing strategies to promote your store, investment required to start cosmetic retail store in india, profit margin in cosmetic retail store in india.

Introduction on How to Start Cosmetic Retail Store in India

Currently, the cosmetic & beauty industry in India has a value of $4.5 billion and is rising at a fast pace.  According to a yearly report, it is observed that the industry is growing at 15-20% yearly, which is again splendid.

A step by step guide to start a Cosmetic Retail Store business in India

If you plan to be a part of this huge industry and gain a significant amount of profit, we are here to support you with some important particulars on how to start beauty care & cosmetic retail shop business in India and about its business plan.

Note the competitors in your business :

You are alone here who wants to be in this business. There will be many competitors in your place, where you live. The main key to success is to know what your rivals are selling. Before getting on with your own business, start to know what they sell in these shops and make a list of what they are selling. In this case, you should be a bit smart. They must not know what your idea is. Just get a rough picture of the various brands, and what special products they are selling, and then you can move further. You can also work part-time at these shops, to get a proper idea about the products, customer needs, and marketing strategies.

You should have all the relevant licenses and permission to start a beauty and cosmetics business legally in India to avoid any trouble in the future. As you know everything should have a license these days. Contact a legal consultant for all the information in getting a license for this business.

If you have worked sometimes in a similar cosmetic shop, you can have the details of the supplier’s contact number from there. Despite that, you can even get the contact numbers online, visit the brand sites, and you will have an entire list of distributors near your locality.

Plan to sell only reputed brand products

You are initiating a new business of skin and beauty products. We hope you never want your customers to be negative about the quality of products and get allergies by using your products. You must select every product properly by making sure it has all government approvals and licenses. Sell products only from trusted and reliable brands. In this way, your customer will get to use quality products, and you will not have any problem.

Market potential for Beauty Care Products and Cosmetic Store in India

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While setting up a new business, it’s always recommended to sell a special product which will only be seen in your retail shop. It can enhance your market a lot. Ayurvedic and herbal products have a good market presently since they are organic and good for the body. You can also place a particular section for men only products or you can also endorse a new brand in the market.

Finding a great place for arranging up your shop is yet another essential aspect. As you are setting up a cosmetic shop, it’s recommended to do it in a region having high footfalls. Road facing shop is mandatory. Make sure the shop has an appropriate electricity supply and stuff. Availing a shop located in the proper location will be higher but it’s very much essential for the success of your business.

• It’s not a place where people will come and stay for hours.
• They will come, do purchases, and leave the shop. Below are some of the important things and equipment that you might need while you are building the shop.
• There should be a lot of space in the shop, for customers to move around freely and look for the products.
• Product shelves, where all the items will be arranged properly.
• You can also keep a showcase table, to display the most essential and expensive items in your shop.
• A billing desk where you place the billing machine, and computer.
• Installing one or two widescreen television will be added on. You can display recent product launch videos, offers on upcoming products, etc.
• A good paint job is very important. Choose sober colors. It creates a peaceful environment. We would suggest you consult a professional before doing it.

It is based on how you and your staff sell the products. As you are setting up a new store it’s better to buy stock in low quantity so that your loss is minimized and in case the business doesn’t run well. Keep good products of various ranges and later on get the products according to the customer type.

• Print visiting cards and brochures- Pamphlets can be of the products available in your shop and can include the catalogs of the brands.
• If any product is not available at the shop, try to take the order of the products and grab the customer.
• In these initial stages, if you can develop a website, it is recommended to sell your products directly from there, and offer free delivery.
• Make membership cards for repeated customers and provide offers.
• Sell products in combinations and allow them to purchase as combos.
• Go for special offers for new customers like discounts on specific essential products.
• Be Polite and Friendly with Your Customers
• Maintaining good relations with customers is very important. Just one behavior and you might miss a loyal customer. Be polite to them, analyze their needs, and provide them with the best service.

You should not miss this: Daily Income Business Ideas .

This is the major and crucial aspect of any business. In a typical Beauty Care and Cosmetic business, in the beginning, you need around 1, 00,000 INR to 2, 00,000 INR. The amount is needed for the deposit fee, rent for a few months, furniture cost, etc.

We have tried our best to highlight all the basic expenditures in arranging this business. All the costs are just for an idea and the actual prices might vary depending upon place and market.

Security deposit for the shop- 50,000 INR

This is a one-time investment, and refundable. You can anyway negotiate with the landlord regarding the money being charged. You should sign a few legal papers for this purpose. If there is already a pre-owned shop, then there is no need for this investment.

Rent of the shop- 10,000

This should be paid every month. It won’t be a big burden if you have repeated sales. You can again discuss with the landlord about the rate. The rates might be sky soaring when you select a city center or a posh area.

Monthly staff salary 10,000 INR

Keep one person for the starting days. You can find many people if you search in the right place. Many college students plan for jobs for extra pocket money. Finding the ideal candidate is never a problem.

Buying products- 80,000 INR

As the products that you will be purchasing are of reputed brands, they will be costly. But the mid-range products are not that much costly. For the initial few months try to buy those products that have a high shelf period as this will help you to keep them for a long-time and you need not worry about the expiry dates.

Furniture and equipment- 40,000 INR

Purchase good quality and durable furniture so that you can use them for a long time. You can customize the furniture or buy a ready-made one.

A working computer and a printer- 30,000 INR

This is essential for all businesses. You can save your data and manage your website using the PC. The billing machine is connected to your computer, so it will aid you to manage your accounts as well.

Re-furnishing the shop- 20,000 INR

It is suggested to give a decent paint and a good ceiling without investing much on it.

Power bill- 2000 INR

You need to pay for the bills as per the regulations laid by your landlord. Keeping an AC might consume more electricity but to satisfy the customer and for their comfort, it is necessary nowadays.

Designing a website and updating it-5000 INR

Websites can be developed online at a very low cost. You may appoint a freelancer to design your website because if you hire a professional designer it will increase your capital costs.

You should be careful and earn money as well as deliver the best products at reasonable prices to the customers. If you want a good number of customers, then it is suggested to give offers. On the other hand, if you plan to earn a high profit then you may not provide offers. Typically beauty and cosmetics stores gain a handful of profit on all the products- margins usually range from 20% to around 60-70%. So the revenue you would be making will be based on sales made by you monthly and the expenses that you incur while running the business.

Beauty Care and Cosmetic Retail Shop business will surely get you on the path of success. The initial period is relatively difficult, but later on, it will be smooth. You must frequently update yourself according to the demands of your customers. Later on, if the business runs smoothly, you can also begin selling your own labeled items. We hope you had detailed information from this article. We have many more of this type of business ideas which can be initiated with low investment with proper returns.

In case, if you are interested in this: Lesnkart Franchise.

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COSMETIC INDUSTRY: 

Cosmetics have now become an integral part of the modern individual’s lifestyle. To increase sales in different nations, manufacturers are modifying their product branding and advertising techniques. Manufacturing businesses have used innovative techniques to promote sales of their cosmetics items, such as new product launches with natural components and appealing packaging. The cosmetic business is made up of companies that produce and market cosmetics. Color cosmetics like foundation and mascara, skincare like moisturizers and cleansers, hair care like shampoos, conditioners, and hair colours, and toiletries like bubble bath and soap are all examples.

CATEGORIES OF COSMETIC PRODUCTS:

Skincare, Hair care, Face Care, Personal Care, and Treatment Ranges are all available.

INDIA COSMETICS MARKET:

The India Cosmetics Products Market is expected to develop at a 4.23 percent compound annual growth rate (CAGR). In India, the online market for the purchasing of consumer goods has grown rapidly in the previous three to four years as internet access has increased. The rising demand for herbal cosmetics among Indian customers is providing producers with a large potential opportunity. India has become one of the world’s greatest consumers of cosmetic items, thanks to a growing awareness of body aesthetics, particularly among women.

GLOBAL MARKET SIZE:

The worldwide cosmetics industry is expected to expand due to rising consumer demand for a variety of skin-care products such as face masks, peels, creams, and other similar items. Over the projection period, high demand for anti-aging products is likely to raise cosmetics demand significantly. The market has seen a shift in demand towards organic and natural cosmetics, which opens up new growth opportunities. Over the next seven years, factors such as rising consumer awareness and disposable money are expected to contribute considerably to industry growth. Over the next seven years, factors such as rising consumer knowledge and disposable money are expected to play a crucial role in the cosmetics industry’s growth. Companies are known to sell these chemical-free items as organic or herbal items, which better fulfil the needs of consumers. Furthermore, reduced usage of products containing aluminium salts, phthalates, and parabens, as well as a growing need to produce environmentally friendly products, have boosted cosmetics demand. However, concerns like as raw material supply variations or raw material price sensitivity may offer a hurdle to the industry’s growth. The cosmetics industry is dominated by innovation, which is backed up with great quality. The primary strategy taken by prominent companies in order to achieve a significant market share in this category is new product development and providing of a range of items.

TOP KEY PLAYERS WORLDWIDE:

• Amore Pacific
• Estée Lauder
• Johnson & Johnson
• Kao Corporation
• Proctor and Gamble
• Nykaa Cosmetics
• VLCC Personal Care
• Cipla Limited

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How to Start Cosmetic Manufacturing Business

India has a rapidly growing cosmetics industry, with a market size of approximately $14 billion in 2021, according to Statista. The industry is expected to continue growing due to increasing urbanization, rising disposable incomes, and growing awareness of personal grooming and hygiene.

The cosmetic manufacturing business in India includes a wide range of products, such as skincare, haircare, color cosmetics, fragrances, and personal hygiene products. India’s diverse culture and traditions have led to a demand for herbal and natural products, which has opened up opportunities for companies to develop and market innovative products that cater to this growing trend.

The Indian government has implemented various policies and initiatives to support the growth of the cosmetics industry, including the “Make in India” campaign, which aims to encourage domestic manufacturing and attract foreign investment. The government has also streamlined the regulatory process for cosmetic products and established guidelines to ensure safety and quality standards are met.

Starting a cosmetic manufacturing business in India requires careful planning, compliance with regulations, and investment in infrastructure, equipment, and talent. With the right strategy and execution, however, businesses can tap into the growing demand for beauty and personal care products in the country and build a successful and profitable enterprise.

Starting a cosmetic manufacturing business can be an exciting venture. Here are some steps to help you get started:

• Conduct market research: Before starting a cosmetic manufacturing business, it is important to research the market demand and competition in your area. Identify gaps in the market and consider how you can differentiate your products from others.
• Develop a business plan: Your business plan should include your mission, goals, target market, product line, marketing strategy, financial projections, and other important details. It will serve as your roadmap for success and guide you in making decisions as you start and grow your business.
• Choose a niche : Decide on a specific area of focus for your cosmetic business, such as skincare, haircare, makeup, or fragrances. Research the market demand and competition in your chosen niche.
• Obtain necessary licenses and permits : Cosmetic manufacturing businesses are regulated and require various licenses and permits to operate. You may need to obtain a manufacturing license, cosmetics registration, and other permits based on your location and the type of business you want to start. Consult with local authorities and regulatory bodies to determine the specific requirements in your area.
• Establish a supply chain : Establish relationships with suppliers who can provide you with high-quality, affordable raw materials and packaging. Ensure that they comply with industry regulations and standards.
• Set up a manufacturing facility : Choose a suitable location and set up a manufacturing facility that meets industry standards and regulations. You will need to invest in equipment, infrastructure, and staff to produce and package your products.
• Develop your products: Develop unique and high-quality products that meet customer needs and comply with industry regulations. Work with formulation experts to create safe and effective products that stand out in the market.
• Brand and market your products : Create a brand identity that resonates with your target market and develop a marketing strategy that reaches them effectively. You may consider advertising in beauty magazines, attending trade shows, or partnering with beauty influencers.

Starting a cosmetic manufacturing business requires careful planning, dedication, and hard work. With the right strategy and team, you can build a successful and profitable business that contributes to the beauty and well-being of people around the world.

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How to Start a Cosmetic Business – Complete Guide

• December 9, 2023
• by Next What Business Research Team

Do you want to open a beauty and cosmetic product retail store business? Find here a guide on how to start and plan a cosmetic retail shop with tips on operational processes, resources, promotion, marketing, etc.

A retail beauty product shop or cosmetic store is a lucrative business to start from any location across the globe. Even this business is profitable in small towns and suburban areas. Broadly, you have three options to start the business.

• Launch your cosmetic brand
• Buy a franchisee of a reputed cosmetic brand.
• Create an Online Cosmetic Shop

Every approach has its advantages and disadvantages. An online cosmetic product store eliminates the retail infrastructure cost. Buying a franchise allows you to leverage an existing reputed cosmetic brand value. Launching your cosmetic store provides you with unlimited freedom to grow your brand, but the risk is maximum.

14 Steps to Start a Cosmetic Store Business

1. understand the demand.

Before diving into the cosmetics market, conduct thorough research to understand your target audience and identify competitors. Analyzing market trends and consumer behaviour will provide valuable insights, helping you tailor your products to meet specific needs.

2. Decide The Beauty Products Line

This is an important aspect of this business. You will find a lot of beauty brands on the market. Also, some of them have specialization in herbal, organic, or ayurvedic. Furthermore, cosmetics cater to a broad segment. It includes a makeup range, hair products, skin products, and several other beauty and wellness products.

When you are starting your product line, it is advisable to start with a concentration on a niche audience. Such as only makeup range or only hair care products. Even you can start a small kiosk with only lipstick or eyeshadow. As your business grows you can add new lines to your existing product range.

3. Craft a Business Plan

This is the most important step in launching a successful business. Furthermore, a business helps in achieving the short-term and long-term goals of the business. According to your product line and business model craft a detailed business plan. Determine how much space you will acquire.

Determine your target demographic. Whether your products are for girls or teens or men or a solution to an ageing problem. What are your marketing and product promotion strategies? How will you compete with other cosmetics stores? Finally, craft financial planning with capital investment, cash flow, and expected rate of return.

4. Apply for Registration and Licenses

This is crucial. However, it hugely depends on your location where you want to start the business. It is advisable to talk with a local attorney about the statutory formalities.

Furthermore, if you are starting your product line get insured. Cosmetics can irritate, and allergies, and can provide an environment for growing bacteria. You don’t want to be at the receiving end of a lawsuit without coverage for potential liability.

In India, if you are starting with a low budget, you can register as a proprietorship business. But for a larger scale, and looking for funding, you must form a Private Limited Company.

Read :  How to Register a Company/ Startup in India

5. Secure Finance

There are a lot of options to get finance for a cosmetic product store. However, you can apply for a loan for working capital purposes. In this business, working capital includes inventory, manpower costs, and other utility costs. Cash credit or overdraft facility is the best option for this type of capital requirement.

Related:  Best Business Loans for Small Businesses

6. Acquire A Location

Other than an online beauty product retail store, you must acquire a store location. Location does matter in this business. However, a shop-in-shop location is also a great option. You must generate the footfalls of your target audience. It is advisable to get the location on the lease. It will eliminate the initial cost investment of purchasing a retail space.

7. Setup Your Store

In any retail store business, it is important. First of all, it is better to have a floor plan. Talk to an interior designer who has experience in retail store design. Identify the space for product display, cash counter, and small storage. Furthermore, concentrates on in-store branding. Maintain a clean, attractive, and well-decorated store.

8. Operational Aspects

Choose a catchy and memorable name. A name that relates to your target demographic. Consider protecting your intellectual property. Talk to the vendors. Furthermore, you must procure quality products at a competitive price. In addition, you must have retail point of sale (POS) software for daily operations and accounting solutions. Also, it helps in tracking store inventory.

9. Product Development

Carefully choose the cosmetic products you want to offer. Collaborate with reliable suppliers to ensure a steady and high-quality source for your inventory. A diverse and appealing product range will attract a broader customer base.

Read:   Best Cosmetics Brands in India

10. Hire Employees

Hire professionals and experienced employees. However, it is advisable to employ male and female employees. Sometimes female customers are more willing to interact with female executives. Ensure, proper product training is provided. It is crucial.

11. Manufacturing and Quality Control

If you decide to manufacture your products , establish a production unit and implement stringent quality control measures. Consistency in product quality is essential for building trust among consumers and fostering brand loyalty.

12. Distribution Channels

Selecting the right distribution channels is critical for the success of your business. Build strong relationships with retailers and explore options for online sales to reach a wider customer base.

13. Online Presence

In today’s digital time, having a robust online presence is non-negotiable. Develop an e-commerce website and leverage social media platforms to connect with your audience, showcase your products, and drive sales.

14. Promote Your Cosmetic Retail Store

For a niche beauty and cosmetic store, you must have the key selling points. Why your product is better. However, people are now showing more confidence in organic and herbal cosmetics products. Promote your business in local newspapers and fashion magazines. Give the effort to build a long-term relationship with your clients. Offer launching discounts. In addition, outdoor advertising works well for beauty products selling store promotions.

Frequently Asked Questions

What legal requirements do i need to fulfil to start a cosmetic business in india.

To start a cosmetic business in India, you must register your business and comply with the regulations set by the regulatory authorities, ensuring product safety and quality.

How can I build a strong online presence for my cosmetic brand?

Develop an e-commerce website, leverage social media platforms, and collaborate with influencers to create a compelling online presence that resonates with your target audience.

What are the key challenges in the cosmetic industry, and how can they be overcome?

Challenges in the cosmetic industry include changing consumer preferences and market saturation. Overcome them by staying innovative, adapting to trends, and offering unique solutions.

Is it necessary to have a manufacturing unit for a cosmetic business, or can I source products from suppliers?

You can either set up a manufacturing unit or collaborate with reliable suppliers. The choice depends on your business model and the scale of operations.

How can I ensure quality control in my cosmetic products?

Implement stringent quality control measures in your manufacturing process, regularly test products, and work closely with suppliers to maintain consistency in product quality.

Cosmetic Industry in India Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Market Growth and Share of Cosmetic Industry in India and is Segmented by Product Type (Color Cosmetics and Hair Styling and Coloring Products) and by Distribution Channel (Hypermarkets/Supermarkets, Specialty Stores, Pharmacy and Drug Stores, Online Retail Stores, and Other Distribution Channels). The Report Offers Market Size and Values in (USD Million) During the Forecasted Years for the Above Segments.

• India Cosmetics Products Market Size

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India Cosmetics Products Market Analysis

The India Cosmetics Products Market is expected to register a CAGR of 10.91% during the forecast period.

• Increasing purchasing power represents a key factor influencing market growth. According to World Bank data, consumer expenditure in India increased from USD 1.9 trillion in 2018 to USD 2.4 trillion in 2022, propelling the market demand. The demand for color cosmetics is being influenced as many people unleash the potential of cosmetics in their daily makeup routine. The transformation in the millennial and young generation lifestyle attributed to the increased influence of social media platforms creates more demand for color cosmetics products in the country.
• Consumers are discovering products and brands via advertisements and promotional campaigns on various social media platforms, including Instagram and Facebook. Before purchasing, they consider product reviews, other consumers' recommendations, celebrity endorsements, expert blog posts, and social media comments.
• In addition, with the increasing internet penetration, the online market for purchasing cosmetics products has seen rapid growth in India in recent years. Furthermore, the demand for luxury cosmetics is increasing among millennials and Gen Z consumers, owing to their preference for grooming up regularly to look presentable and fashionable.
• India Cosmetics Products Market Trends

Inclination Toward Vegan and Cruelty-Free Products

• The cruelty-free and vegan beauty market has exploded globally and in India in recent years. Cosmetic manufacturers are opting for natural and environmentally friendly ingredients to manufacture products. The 'green cosmetics' trend pushes the need for sustainable and clean beauty products.
• Manufacturers and third-party e-retailers are taking an interest in launching or offering clean beauty in their product portfolio. For instance, in June 2023, the e-commerce platform Purplle launched the United Kingdom's clean beauty brand Dr. PAWPAW in the Indian market, offering multi-tasking lip and skin care products.
• Moreover, the Ministry of Health and Family Welfare of India has imposed the cosmetic testing ban, which is added to the new rule "148-C. prohibition of testing of cosmetics on animals, such that no person shall use any animal for the testing of cosmetics" in the existing Drugs and Cosmetics Rules.
• Moreover, Therefore, with Gen Z reshaping the market for color cosmetics in India, owing to their broad experimentation with a variety of products and their planet-friendly approach, the demand for eco-friendly, natural, organic, and clean color cosmetic products is anticipated to rise in the coming years.

Booming Online Retail Segment

• Online retailing plays a vital role in the sustenance of the cosmetics market in India. Online platforms help sell and offer a range of product portfolios, and brands can cultivate an identity to promote product launches and influence consumers. Brands are chasing Indian celebrities or influencers to target young consumers through endorsements. 
• For instance, in June 2023, Just Herbs collaborated with Bollywood celebrity AthiyaShetty to endorse natural make-up products, including ghee-based lipsticks, foundations, and lip gloss. The brand is online on websites and e-commerce platforms like Amazon, Nykaa, Flipkart, and Myntra. Furthermore, third-party e-retailers are witnessing a growth in sales as the trend of online shopping is gaining momentum. 
• Online shopping is a convenient platform for consumers to buy products online, avoiding crowded stores. It gives customers the luxury of browsing and shopping for products 24/7 from the comfort of their homes. Moreover, these websites create opportunities for color cosmetic brands to rapidly shift toward e-commerce platforms that enable these beauty brands to showcase greater product visibility in various rural and urban regions in the country.

India Cosmetics Products Industry Overview

The Indian cosmetics market is highly fragmented owing to the presence of various domestic as well as international players, including L'Oréal, The Estée Lauder Companies, Vellvette Lifestyle Private Limited (Sugar Cosmetics), and Natura & Co. (The Body Shop International Limited). Leading companies are partnering with international organizers to launch their products at several international beauty community events, such as Cosmoprof, Canton Fair, and Fashion Fest. Additionally, the players in the market use other strategies like celebrity endorsements, discounts, and instant offers to position their brands in the market and increase their overall sales.

India Cosmetics Products Market Leaders

L'Oréal SA

Natura & Co.

The Estée Lauder Companies Inc.

Unilever PLC

Vellvette Lifestyle Private Limited (Sugar Cosmetics)

*Disclaimer: Major Players sorted in no particular order

India Cosmetics Products Market News

• June 2023: Vellvette Lifestyle Private Limited (Sugar Cosmetics) expanded its offline stores by opening its first offline stores in Bengaluru. The company's physical store is located in Orion Mall, spread across 400 square feet.
• January 2023: The Maybelline New York brand launched the Fit Me Fresh Tint foundation. As per the company, the product is a 2-in-1 everyday wear makeup and a skincare fix, enriched with pigments, vitamin C, and SPF 50.
• March 2023: The Lakme brand of Unilever PLC launched its new CC cream product, Lakme 9 to5 CC light Mousse, in different shades in India. The shades include Beige, Frappe, bronze, and almond.

India Cosmetics Products Market Report - Table of Contents

1. INTRODUCTION

1.1 Study Deliverables and Study Assumptions

1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

4.1 Market Drivers

4.1.1 Inclination Toward Vegan and Cruelty-free Products

4.1.2 Influence of Social Media on Young Adults

4.2 Market Restraints

4.2.1 Counterfeit Products

4.3 Porter's Five Forces Analysis

4.3.1 Threat of New Entrants

4.3.2 Bargaining Power of Buyers/Consumers

4.3.3 Bargaining Power of Suppliers

4.3.4 Threat of Substitute Products

4.3.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

5.1 Product Type

5.1.1 Color Cosmetics

5.1.1.1 Facial Make-Up Products

5.1.1.2 Eye Make-Up Products

5.1.1.3 Lip and Nail Make-up Products

5.1.2 Hair Styling and Coloring Products

5.1.2.1 Hair Colors

5.1.2.2 Hair Styling Products

5.2 Distribution Channel

5.2.1 Supermarkets/Hypermarkets

5.2.2 Specialty Stores

5.2.3 Pharmacies/Drug Stores

5.2.4 Online Retail Stores

5.2.5 Other Distribution Channels

6. COMPETITIVE LANDSCAPE

6.1 Most Adopted Strategies

6.2 Market Share Analysis

6.3 Company Profiles

6.3.1 The Estee Lauder Companies

6.3.2 L'Oreal SA

6.3.3 Unilever PLC

6.3.4 Revlon Inc.

6.3.5 Vellvette Lifestyle Private Limited (Sugar Cosmetics)

6.3.6 Natura &Co (The Body Shop International Limited)

6.3.7 Colorbar Cosmetics Pvt Ltd

6.3.8 Lotus Herbals Pvt Ltd

6.3.9 The Face Shop Inc.

6.3.10 Revolution Beauty

• *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

India Cosmetics Products Industry Segmentation

Cosmetic is applied to conceal blemishes and enhance one's natural features, such as the eyebrows and eyelashes.

India's cosmetics market is segmented by product type and distribution channel. The market is segmented by product type into color cosmetics and hair styling and coloring products. The color cosmetics segment is further sub-segmented into facial, eye, and lip and nail make-up products. The hair styling and coloring products segment is further bifurcated into hair colors and hair styling products. The market is segmented by distribution channel into supermarkets/hypermarkets, specialty stores, pharmacies/drug stores, online retail stores, and other distribution channels. 

For each segment, the market sizing and forecasts have been done based on value (in USD).

Product Type
		Color Cosmetics Facial Make-Up Products Eye Make-Up Products Lip and Nail Make-up Products Hair Styling and Coloring Products Hair Colors Hair Styling Products Distribution Channel Supermarkets/Hypermarkets Specialty Stores Pharmacies/Drug Stores Online Retail Stores Other Distribution Channels India Cosmetics Products Market Research FAQs What is the current india cosmetics products market size. The India Cosmetics Products Market is projected to register a CAGR of 10.91% during the forecast period (2024-2029) Who are the key players in India Cosmetics Products Market? L'Oréal SA, Natura & Co., The Estée Lauder Companies Inc., Unilever PLC and Vellvette Lifestyle Private Limited (Sugar Cosmetics) are the major companies operating in the India Cosmetics Products Market. What years does this India Cosmetics Products Market cover? The report covers the India Cosmetics Products Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the India Cosmetics Products Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. What are the key growth opportunities in the Indian Cosmetics Products Market? Men's grooming, premium & niche segments, and rural market expansion are the key growth opportunities in the Indian Cosmetics Products Market. What are the top trends shaping the Indian cosmetics market? Natural & organic products, personalized beauty, & e-commerce adoption are the top trends shaping the Indian cosmetics market. Our Best Selling Reports Anti-Microbial Coating Market Ceramic Coating Market Cosmetic Antioxidants Market Food 3D Printing Market Frozen Yogurt Market Metal Foam Market Middle East and Africa Sweet Biscuits Market Sugar Substitutes Market Thailand Construction Market White Oil Market Cosmetic in India Industry Report The India cosmetics market is supported by an increase in consumer disposable income, the expansion of the retail sector, and heightened awareness of skincare routines. This market offers an extensive array of products such as skincare, hair care, makeup, fragrances, and personal care items, designed to meet the varied needs and preferences of consumers. A notable shift towards organic and eco-friendly cosmetics underscores a broader consumer trend towards sustainability and safety in product choices. The market's segmentation by product type, category, gender, and distribution channel is meticulously analyzed, highlighting the pivotal role of social media and online retail in influencing consumer preferences and fueling market expansion. Additionally, the growing youth demographic, an emphasis on personal hygiene and grooming, and the introduction of innovative products that cater to the evolving consumer demands further drive the demand for cosmetics in India. Insights from Mordor Intelligence™ Industry Reports project a promising outlook for the India Cosmetics Products market, emphasizing the market's dynamic growth and potential. For a comprehensive understanding of this market's trajectory and key drivers, a free report PDF download is available, offering a sample of this detailed industry analysis. India Cosmetics Products Market Report Snapshots India Cosmetics Products Market Share India Cosmetics Products Companies India Cosmetics Products News Please enter a valid email id! Please enter a valid message! India Cosmetics Products Market Get a free sample of this report Please enter your name Business Email Please enter a valid email Please enter your phone number Business Email * Company Name * Please enter a company name Get this Data in a Free Sample of the India Cosmetics Products Market Report Please enter your requirement Thank you for choosing us for your research needs! A confirmation has been sent to your email. Rest assured, your report will be delivered to your inbox within the next 72 hours. A member of our dedicated Client Success Team will proactively reach out to guide and assist you. We appreciate your trust and are committed to delivering precise and valuable research insights. Please be sure to check your spam folder too. Sorry! Payment Failed. Please check with your bank for further details. Add Citation APA MLA Chicago ➜ Embed Code X Get Embed Code Want to use this image? X Please copy & paste this embed code onto your site: Images must be attributed to Mordor Intelligence. Learn more About The Embed Code X Mordor Intelligence's images may only be used with attribution back to Mordor Intelligence. Using the Mordor Intelligence's embed code renders the image with an attribution line that satisfies this requirement. In addition, by using the embed code, you reduce the load on your web server, because the image will be hosted on the same worldwide content delivery network Mordor Intelligence uses instead of your web server. Interested in blogging for timesofindia.com? We will be happy to have you on board as a blogger, if you have the knack for writing. Just drop in a mail at [email protected] with a brief bio and we will get in touch with you. Please note: TOI will have complete discretion to select bloggers TOI's decision in this regard will be final There's no remuneration for blogging TOI reserves the right to edit all blogs Times Evoke Entertainment Spirituality Environment Foreign Media Follow us on The future of indian cosmetics industry: recommendations for newcomers. Kajol Paswwan Celebrity Makeup Artist For many years, the Indian beauty industry has been one of the fastest-growing markets in the world. With over a billion people and rising disposable income, India is considered one of the most promising markets for global companies looking to expand their reach. However, despite this growth, there are still challenges facing Indian companies seeking to enter this market. For example, there has been a significant amount of consolidation in the Indian beauty industry over recent years as large multinational corporations have attempted to take advantage of the lucrative market. This has resulted in an increasingly competitive landscape where many smaller players struggle to remain competitive and continue to grow their businesses. To help navigate this increasingly competitive landscape, this article will outline some key recommendations for newcomers looking to enter or expand their presence within the Indian beauty industry. The future of Indian cosmetics industry is bright, but it’s up to new entrants to make sure they get a fair shot at success. A few years ago, the Indian beauty market was dominated by multinationals, but that’s changing. Start small—think big but start small. Don’t be afraid to experiment—try something new! Focus on the quality of your product—the best way to stand out is through superior quality. The Indian cosmetics industry is growing at an alarming rate, thanks to the country’s growing middle class. However, this growth has come with a price: the industry is plagued by problems that include low production value, poor product quality, and a lack of transparency. As a result of these problems, many newcomers have been put off from entering the industry. But as we see with other industries in India—such as software or engineering—there are ways for new players to make an impact on the market without investing significant amounts of money. In this article, we’ll give you some recommendations for newcomers interested in entering the Indian cosmetics industry. Focus on local brands: India is not like other countries where most people are used to Western brands and don’t know how to find local ones. The Indian cosmetics industry is going to be one of the most exciting industries to watch over the next few years. With a rapidly growing population and a growing middle class, India’s cosmetics market will continue to grow at an astounding rate. But this growth comes with challenges as well. There is a lot of competition out there, and it’s difficult for new entrants to make their mark on this market. That’s where we come in—we’ve got some recommendations for what you can do if you’re interested in getting involved in the Indian makeup industry. First of all, if you want to take advantage of the huge opportunity that’s coming up, you need to get your products into stores as soon as possible. The best way to do this is by starting an online store or buying from other online retailers like Amazon. This will allow you to reach more consumers and sell more products at lower prices than if you try selling directly from your own website or store. It also helps if your products are cruelty-free, which means they don’t contain any animal products or byproducts like test tubes or animal hair. There aren’t many barriers to entry when it comes to starting India is one of the largest markets for cosmetics. The industry is expected to grow at a CAGR of 6.7% over the next five years, according to Euromonitor International. This growth has been driven by increasing consumer spending power, rising disposable income levels and growing awareness about skin care products. In fact, the cosmetics industry in India is expected to show strong signs of expansion during the next five years. The market size is expected to reach $1 billion by 2024 . The cosmetics market in India is currently dominated by foreign brands but due to its huge population base; it has also attracted domestic brands. Top Comment {{{short}}} {{#more}} {{{long}}} ... Read More {{/more}} Start a Conversation Views expressed above are the author's own. END OF ARTICLE Not Harappa… but Indus-Saraswati Civilization! In Dhaka, they rose, so she fell She’s still gold Escape to where? Unchecked tourism is also a culprit in Wayanad, govts won’t do anything about it until we do What does Rahul want? A Bangla lesson Choosing to forgive is an act of self-liberation Citizen Vinesh  Justice under water Long arm of a dodgy law TOI Edit Page,Voices Bachi Karkaria Erratica,TOI Edit Page,Tracking Indian Communities Jug Suraiya Juggle-Bandhi,TOI Edit Page Speaking Tree TOI Edit Page TOP EDITORIALS Understanding NOK No task is small, we must accomplish it with love Melody flows only through a kno Canada Taxation Payment Management Business Tips Payroll and Salary Accounting and Inventory Knowledge Ball Statistics Tutorial Making a Business Plan When starting a new business, the first step is to plan since this will provide you with a roadmap for making the best decisions. The business plan lays out all of the considerations that must be made for the idea’s development and execution. The specific qualities of the firm, mission, goal, and objectives, through the analysis of the competition, budget, and marketing tactics, are all evaluated here. Keep in mind that other minor plans, such as finance and marketing, must be included in this plan. To give you a better understanding of what your business plan should include, we’ll go through some of the most important variables to think about:   a) Study of the market – In this paper, an in-depth examination of the cosmetics industry is carried out, as well as it’s recent conduct. In addition to the demand it has in the location you intend to open your business. In addition, you must determine who your primary rivals are, as well as their flaws, strengths, plans, and market positioning. b) Who are the target audience – It refers to the population segment to which your business will be targeted. Women between the ages of 18 and 65 make up most of them. Men, on the other hand, are a portion of that target audience. Your market study should also incorporate a customer analysis to be clear about the category. This is done while considering sociodemographic factors, including age, gender, purchasing power, preferences, and consumption habits. c) Deciding the products – A cosmetics business in India can cover a wide range of product categories, as we indicated at the outset. That’s why you need to figure out which ones you’re going to sell. You create this definition based on market research so that you can provide consumers with the things they want.  Also Read:  Jumpstart your Lip Balm Business Within a cosmetics store’s budget, you must account for the initial investment as well as the fixed expenditures for at least the first two months of operation. The expenditures of starting legal procedures, adapting the facilities, purchasing equipment, purchasing items, and marketing and promotion techniques are all factored into the first investment. When it comes to fixed costs, you must consider the rental value of the buildings, service payments, and worker salaries. Considering the foregoing, the estimated investment budget for starting a cosmetics business in India is around ₹1-2 lakh . Registration Process In India, establishing a cosmetics business entails not only preparing for its proper functioning but also legally registering it with the appropriate authorities. The processes for licensing and starting a new business vary depending on the country. In general, the corporate structure (natural person, legal entity, company, etc.) must be defined, the business name must be verified, and the operational permits must be processed, where applicable. It is recommended that enterprises use the guidance supplied by the bodies in charge of overseeing these operations. Selecting the Right Location The success of your cosmetics business in India depends on having a well-located store. So make sure it’s in a business area, that it’s easily accessible, and that it’s quite busy. Shopping centres, near offices, on the streets of beauty salons, and adjacent to apparel stores are all good areas for a cosmetic store to open. Whatever place you choose, make sure it’s easy to find, that the area around it is clean, and that parking lots and benches are nearby. Suppliers Hunting The selection of suppliers is the explanation of how to supply a cosmetics business in India. You have the choice of contacting and purchasing directly from the top cosmetics products in your nation. You can do this by making a list of different makeup, skincare, personal hygiene, and hair brands. As a result, you can choose the most important ones in each category and manage your product supply accordingly. You can also look for wholesale businesses specialising in the sale of all brands of cosmetics in directories or on the internet. This allows you to purchase all of your products from a single vendor. But do ensure that vendor has well established reputation and quality assurance.  Promotion and Marketing Customers are essential for a company’s survival. As a result, it’s essential to promote your makeup organisation to attract new and repeat clients. Prepare a marketing plan because it will show you how to proceed in a calculated manner while selling your products to the customers. You can choose between classic physical methods and newer, more targeted digital methods. Both are successful. To market your firm to new people, you can offer samples to local cosmetic artists, start a marketing blog, send news releases to newspapers that feature beauty items, or create social networking profiles. Is the Cosmetics Business Profitable? In India, the cosmetics industry covers a wide range of specialised industries, from fragrances and makeup to hairstyle and skincare products. Markets with a large number of customers, both men and women of all ages, who buy these things daily. Not to mention the beauty salons, aesthetics, and other businesses that require these items for their operations. Furthermore, regardless of the size of the business, this is a versatile sort of business that provides entrepreneurial prospects both in conventional stores and online retailers. This means that people who want to start their personal cosmetics operations in India will have more profit. Also Read:  The 10 Best Cosmetics Manufacturers in India Opening a Cosmetic Shop Because makeup is one of the most popular product categories in the cosmetics market and one of the best-selling within it, many cosmetics-related companies opt to focus solely on the beauty business. Furthermore, it is a highly specialised market segment directed mostly at women between the ages of 18 and 50. As a result, the entire process of execution, start-up, and promotion of the firm becomes more clear. Knowing how to start a beauty business necessitates a thorough understanding of the many brands available on the market, as there are many of them, each with its own set of items. This allows you to diversify your business’s offerings, provide clients with more options, and sell consumer-favoured brands. If you want to operate a makeup store, the steps are similar to those for starting a cosmetics business in India. The only difference is that your company will only sell all forms of makeup. Start a Makeup Business Currently, modern technology, particularly the internet, has made running a home-based beauty business a little easier. As a result, if you want to establish a home beauty business, the easiest way to promote and sell your items is to use internet channels like a website, an online store, or social media. This will help you gain a lot of exposure and be seen by a huge number of people. The benefit of beginning a makeup business from home is that you won’t have to pay for local leasing or other connected expenses. And the easiest way to do it is to become a consultant for a well-known cosmetics company like Avon, Natura, or Mary Kay. Working as a beauty consultant entails using a direct sales model to resell the brand’s items, either through a catalogue or through internet tools provided by the company. To be able to place your first order of products to resell, you must first make an initial deposit. Each brand has a separate compensation ratio, which varies between 20% and 60%. This means you can generate a profit of 20% to 60% on your overall sales. This is without a doubt one of the cosmetics industry business strategies that female entrepreneurs like for the following reasons: When compared to opening a store, it needs a small investment. It enables you to manage your time independently. Assists with independence. The demand for cosmetics of all kinds is steadily expanding among various segments of the population. As a result, the cosmetics industry offers numerous business prospects. If you want to establish your own cosmetics company, then the above article provides you with in-depth knowledge about that.  Follow Legal Tree for the latest updates, news blogs, and articles related to micro, small and medium businesses (MSMEs), business tips, income tax , GST, salary, and accounting. - Never miss a story with notifications - Gain full access to our premium content - Browse free from up to 5 devices at once Latest stories Everything you need on Tax & Corporate Laws. Authentic Databases, Books, Journals, Practice Modules, Exam Platforms, and More effortlessly with one click. How to Create a Stem-and-Leaf Plot in SPSS How to create a correlation matrix in spss, how to convert date of birth to age in excel (with examples). @2020 - All Right Reserved. Designed and Developed by Tutoraspire Cosmetics Profit Margin | Guide for Startups The average profit margin in cosmetics is 10%-15% minimum, whereas if we talk about luxury brands , the profit margin is more than 50% . The cosmetic Industry in India is a prospering sector and is expected to grow with more than 9.5% CAGR for 2022-2028 . Overview of Cosmetics Business in India Investment: Rs. 8 Lacs - Rs. 15 Lacs (minimum) Area Required: 200 sq ft. - 500 sq ft. (minimum) Human Resource: 4 - 7 people  Cosmetic Business Profit Margin: Minimum 15% in New Brands and a Minimum of 50% in Luxury Brands Estimated Sales: Rs. 30,000 - Rs. 35,000 per day  Factors that Determine Profit in Cosmetics Business The cosmetics industry is one of the fastest-growing industries in the world. However, the growth of this industry is basically driven by factors such as:  Raw Material Prices & Availability Economies and Globalization Legal Regulations Mergers, Partnerships, and Acquisitions. Need for Innovation Disposable Income Social Media These factors not only affect the growth of the business but also helps in deciding the right location and the most potential niche . Expected Gross Profit in Cosmetics Business In order to calculate gross profit, we need to know two things: revenue and cost of goods sold.  Revenue is what we get when we sell our products or services Cost of Goods Sold includes expenses such as manufacturing costs, research and development costs, distribution costs, marketing costs, etc. So, if you are keeping your profit margin around 15% and your average sales per day is around Rs. 30,000 then your gross profit will be Rs. 4,500 per day . As a result, you will be making approx Rs. 1,35,000 per month as profit . No matter what type of cosmetics business you are looking to start, it needs capital to get off the ground. So for starting a cosmetic business in India, you will need a minimum of Rs. 7 lacs - Rs. 10 lacs initially . The investment will be put into renting a place, renovations, buying the inventory, utility bills, salaries, logistics and miscellaneous expenses. So, if you already have the investment, well and good.  But, if you are looking for a source, here are some: Business Bank Loans Borrowing from Family and Friends Local Investors Angel Investors Venture Capitalists Private Equity Loans It will not be easy to get the funds, but with a good business plan and a registered business, you can make it happen. Thus, apply for company registration online as a priority. The minimum space required for a cosmetic store is about 200 sq ft - 400 sq ft. Make sure you have enough space and light to display all your products properly so that they are easily visible. Also, keep multiple mirrors in your store so your customers can try and test the products before buying. This will not only help you to retain customers but also attract new ones. Also, consider the following factors while choosing a place to set up your cosmetics business: Visibility from Ground 1 Purchasing Power of the Locals Nearness to the Market Competition Expected Average Sales in Cosmetic Business According to the reports, a cosmetic business has an average sale of Rs. 25,000 - Rs. 35,000 per day and it can go up to Rs. 80,000 during the festive and wedding season. It is easy to have 25 - 30 customers per day initially if you are located in a market area or a shopping mall. Those customers are willing to spend a minimum of Rs. 500 - Rs. 1000 per visit on basic cosmetics like creams, lipsticks, eye makeup, hair-care products and fragrances. Ways to Increase Profit in Cosmetic Business There are many ways to increase profit in a cosmetic business like: Advertising through Social Media Opening an Online Store Selling on Ecommerce Platform like Nykaa and Amazon Membership Offers Give Freebies Marketing Strategy But let's do it as an expert did. Here is a live example that you have been hearing all over the internet and now on TV too - "MyGlamm". MyGlamm now not only deals in its own brands but also promotes and trades in personal care brands like St Botanica, The Moms Co., Organic Harvest, Sirona and many other luxury brands as well. But how did it get there? MyGlamm used the Content-to-Commerce Strategy to reach where they are today.  The Founders were doing well when they started back in October 2017, But when COVID hit, the founders used it as an opportunity to target the customers digitally. This is where they partnered with the POPxo and Baby Chakra, two of the very popular content-creating companies. From there they went from a D2C Brand to a Digital Global Brand in 2021. And nothing is stopping them from flying higher and higher now. In fact, they are now also a makeup partner of one of the biggest reality show of India - "Bigg Boss". Thus, use this strategy to target a wider customer base and explore your potential. For this purpose, you can start by approaching new influencers and then reach out to the Big Fish in the Ocean. Similar Post How To Become A Cigarette Distributor How to start a T Shirt Printing Business : Steps and Licenses How to start a Supermarket How to start Bedsheet Business in 9 Steps Flat 51% off, on business registration. Request a call back Blog Center Term of use Privacy Policy [email protected] For quick query resolution +91 9928380610 Registered Office Address: 65, Scheme No. 3,Alwar (Delhi NCR) PIN Code:301001 Thank you for pre-registering! You're All Set! We'll get in touch with you within 24 hours. For Faster response drop us a mail at [email protected] Keshav Agarwal, Cofounder, StartEazy Consulting How to sell cosmetics online in India: the complete guide by Khusboo B July 30, 2021 6 minute read Do you spend your free time browsing through makeup tutorials by beauty gurus on YouTube? Do you capture inspiring makeup ideas on a Pinterest board? If so – you might have a passion for cosmetics.  Be it for basic hygiene or aesthetic enhancement; cosmetics are used by everyone regardless of gender. The cosmetics industry is set to reach USD 30 billion by 2025, making it one of the fastest growing industries in India.  So if you like the idea of owning a cosmetic store or an independent beauty brand, or if you are a makeup artist wanting to start your own makeup line then this blog is the right time. First, let us know what a cosmetic is and how it is different from makeup. What are cosmetics? In general, cosmetics are used to enhance or alter the appearance of the face or body through the use of makeup, lotions, and cleansers. Makeup is merely a subcategory of cosmetics. The main difference between makeup and cosmetics is that makeup is a cosmetic but not all cosmetics are makeup. The main categories under cosmetics include: Skincare products: Facial washes, toners, shaving creams, etc Haircare products: Shampoos, oils, and other styling products Colour Cosmetics: Includes all makeup and nail care products Fragrances: Perfumes, colognes, body splashes, etc Personal care products: Deodorants, toothpaste, mouthwash, etc Personal care is an indispensable part of our routine and cosmetic products play a large role. From skincare to toiletries, hair products, and deodorants, a wide array of product categories have all seen growth in the last year. In fact, numbers for the cosmetics industry have been climbing steadily over the last decade and are expected to grow another 5% by next year.    Skincare has also become lucrative in recent years, accounting for 36% of the global market growth . Clearly, there is no better time to start an online cosmetics business than now! Are you ready to start your own cosmetics business? Make sure to use this guide on how to take your cosmetics business online and don’t forget to bookmark this article so you can come back to it anytime! How to sell cosmetics online: A step-by-step guide The main challenge of selling cosmetics online is to find the audience and make your brand trustworthy enough for people to buy your products.  1. Find your niche There are over 600+ cosmetic brands available in the market. If you want a space in this market, you’ll have to find something unique to offer. Research on the trends that exist now in the beauty industry and find your target audience. Pick a product category and thoroughly review the types of products in it and the technologies used to solve the consumer problems. TIP- If you are manufacturing or importing and reselling cosmetics in India, it is mandatory to get a cosmetic registration for your business. Get cosmetic registration in India . Here are some major cosmetics market trends based on which you can decide on a niche: Inclination towards vegan and cruelty-free cosmetic products Colour cosmetic products Increased awareness among consumers regarding chemicals. 2. Create a business plan In the cosmetics line, product development is expensive. Start with a solid business plan that highlights every small detail to determine the goals of your business and how to achieve them. Here is an ideal list to maintain: Online store business name idea, founder details, your product or service offerings, Target market research Plan of execution – operations, management, accessibility Marketing and Sales Financial analysis – cost, investment, income, and revenue projections. Risk analysis 3. Add product description In the cosmetic industry, giving a clear product description is extremely important. When you are selling online, customers don’t have access to trying your product before making a purchase, so provide detailed instructions to your customers. Add product swatches, ingredient lists, warnings, and allergy notices. Describe the texture, finish, application, and use of the product too. 4. Packaging and shipping  Dealing with cosmetics means you cannot compromise on packaging and shipping. Outer packaging must reflect what your brand is about. This is especially important for an online brand. Here’s a blog on tips to create great packaging for your business . Since most of these items are delicate and are easy to get damaged, ensure that they are fully secured before shipping. Having a convenient process that ensures seamless returns for customers is most important. Related read:   Everything you need to know about finding the perfect eCommerce shipping partner  Marketing tips for cosmetics businesses #1 leverage personal endorsements. Consumers have learned to block out traditional marketing channels, and are now relying on the endorsements of their friends, family, and social influencers. An effective marketing method to build brand awareness and obtain profitable business referrals is leveraging your consumers’ personal network. Give incentives to your customers to share your product on their personal social media accounts. This will allow you to tap into their network of friends and family, amplifying your advertising efforts and earning new business through these personal endorsements. #2 Influencer marketing Approach influencers big or small to promote your product on Instagram. Behind every cosmetic product someone uses, there’s a story hidden. Ask the influencers to share theirs. and tell a personal story while using the product. #3 Request Experts To Review Your Products Another way to promote your cosmetic brand is to make the experts of the industry review your products. Many experts or gurus have their own YouTube and other social media handles that have loyal viewers. Request them to include your new cosmetic products on their list of product reviews. This would give your product an easy reach to the massive number of followers they have. #4 Conduct giveaways  Providing something free as a ‘thank you’ to customers can really go a long way. Whether it’s just a sample, or maybe even a t-shirt, studies have shown that free add-ons increase repeat purchases. It most likely will bring a smile to their face because lets be honest, who doesn’t like something for FREE Tip: Keep up with the latest trends in the beauty eCommerce sector so that you can modify your business strategies accordingly. Where to sell cosmetic products online? 1. sell on social media. In India, user-generated content has proved to be an effective tool to help find new customers. Selling on Instagram and sharing customer photos and reviews builds credibility to your brand online. Additionally, encourage customers to tag your brand on social media platforms for more engagement and connection.  Another way to sell online is to engage with micro and macro influencers who will review your products and advertise them to their audience. What’s nice about selling makeup on Instagram is you don’t have to pay for website hosting or give commissions to third-party sellers. 2. Sell in marketplaces Marketplaces offer millions of shoppers a wide range of product categories, and makeup is no exception. Joining a marketplace community can be an excellent opportunity to reach a vast audience at the start of your business. The most popular marketplaces to sell cosmetics are eBay and Amazon. 3. Multichannel sales Leverage the use of several sales and marketing channels to let customers find you easily. Showcase your products on your own website and also connect them to your presence in social media and on marketplaces to grow your business faster. 4. Setting up your online store An online store is where your customers can see and buy cosmetics from you. You can build a brand image and strong communication with customers. When the shop is live, you can start advertising your brand and focus on customer acquisition and retention. Spend some time deciding your online store’s theme as it makes your business unique and stands out from the crowd. Instamojo offers 20+ vibrant themes that can be customized to your tastes. For a cosmetic online store, we recommend Phulkari and Ikkatt themes on Instamojo. Here’s how June Cosmetics , a vegan skin care brand uses Instamojo free online store to sell their cosmetic products: Read more about how this college student started a beauty brand online and scaled their business through social media. If you wish to set up your online store, send payment links, integrate payment APIs, offer customer support, collect leads, and sell on social media, then you are in the right place already. Sign up on Instamojo and choose how you would like to start selling cosmetics . We can help! Sell cosmetics online best online business build online store Collect Payments Online cosmetic online store how to sell cosmetics How to start a cosmetics business how to start an online business How to start an online store sell cosmetics at home sell cosmetics online selling cosmetics in India All things Brand Thanks for sharing this amazing information it will be really helpful for me. I like all your post and I bookmark your website to see your latest post. Such an amazing blog Since I am a UK Licenced cosmetologist (CIBTAC), Master Makeup & Hair Artist, having 15+yrs of exp in India & Abroad. it was my all time interest to start my own cosmetic brand but didn’t had much information & support, but after reading ur blog i am really inspired, now as per your guidance i am going to start my own cosmetic Brand soon, thank you very much Khusboo for this beautiful information. Amazing Blog. Leave a Reply Cancel reply Your email address will not be published. Required fields are marked * Save my name, email, and website in this browser for the next time I comment. This site uses Akismet to reduce spam. Learn how your comment data is processed . 'Pulp Non-Fiction': The story of Malanad plantations and 3 friends 5 reasons to sell online in india. 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We power independent eCommerce brands and startups with online stores, landing pages and payment solutions to help every seller start, manage and scale their online business successfully. © 2024, Instamojo | Terms of Service | Privacy | Write for Us Chat With Us Schedule A Call Back Our Experts are ready to assist you, Let's Connect with Us By submit your enquiry. Welcome to Corpseed. Please type your query, and we shall provide immediate assistance. Didn't receive code? Resend OTP Your Enquiry has been received !! Our legal advisor will contact you shortly.., how to start a cosmetic manufacturing business. Unveiling the Art and Science of Cosmetic Manufacturing: Your Gateway to the Beauty Industry With the rise in influencers on social media platforms or makeup artists such as MUAs, the cosmetic industry is anticipated to make huge strides. Once you start paying attention to glamorous makeup products and their extravagant promotion, it becomes clear that this industry is nothing short of a spectacle. The rapid rise of the cosmetics manufacturing business is well-known to us. It is a profitable endeavour and a flourishing business venture overall. It is not surprising that their annual turnover surpasses our wildest imagination. Table of Contents Is the Cosmetic Manufacturing Business Considered Profitable? Step-by-step procedure to start cosmetic manufacturing business, challenges faced by the beauty industry in india  , final thoughts of cosmetic manufacturing business . --------------Blog Contact Form------------- Based on industry reports, the Indian cosmetic industry is projected to experience rapid growth, with an estimated annual increase of Rs 11 billion. This growth rate is expected to soar to 9.7% in the next five years. As a result, the cosmetic industry is poised to capitalize on opportunities related to personal care, cosmetics, and skin-care products.  Now, imagine the scope of the cosmetic manufacturing business in India that is yet to revolutionize Today's makeup industry.  Seems like a Business fairy-tale indeed. Nonetheless, establishing a successful cosmetic manufacturing business is an exhilarating journey filled with challenges that require extraordinary efforts. Whether you're a makeup novice or a seasoned pro, this article will serve as your go-to guide, offering invaluable insights on becoming a master magician in cosmetics.  Let us encourage you to heed the tips and tricks of the following article. Read Our Blog: Cosmetic Import Registration in India Considering our fast-paced growth, the cosmetic industry is expected to double its impact and boost the growth of startups and businesses. This industry encompasses various sectors, including makeup, fragrances, hairstyles, and more. It truly has everything covered. It is one of the most lucrative industries, which expresses its versatility, regardless of the size of any venture.  The beauty industry has experienced a significant rise in popularity due to its expanding customer base. People of all ages are becoming more conscious of their appearance, leading to a sharp increase in the demand for cosmetic products. In addition, social media influencers have played a significant role in popularizing these products and emphasizing the importance of looking good.  That makes the Cosmetic Manufacturing Business even more profitable, encouraging the businesses to drive growth. The step-by-step procedure to establish a Cosmetic Manufacturing Business consists of the following steps, which will guide you through the process, directing your market research to emphasise the marketing aspect of your business equally.  Step 1:- Define your goals  To kickstart your Cosmetic manufacturing business, it is crucial to clearly understand your vision for your venture and emphasize the goals that define it. Neglecting to focus on what you aim to achieve can undermine the essence of your mission and hinder your progress towards desired outcomes. To prompt yourself in defining your objectives, start by asking the following questions: What are my brand values?  What target audience should I expect? What targets do I focus on? As you acquire the knowledge to respond to these inquiries, you can have peace of mind and start embracing the accompanying process. Overall, you should be capable of recognizing your company's objective. Familiarize yourself with what you aspire to accomplish and initiate the plan by crafting a mindmap and staying proactive in attracting entrepreneurs and investors through an effective strategy. Step 2:- Strategize your Plan of Action  To set up a cosmetic manufacturing business, developing a comprehensive plan that includes a manufacturing strategy is essential. This strategy will guide the production process in the right direction. One option is implementing a strategy that promotes in-house manufacturing, allowing you control over your product. Despite its drawbacks, having a well-defined strategy enables the makeup manufacturer to maintain flexibility without relying on external assistance. Step 3:- Establish Products As you gain proficiency in answering these inquiries, you can feel confident and embrace the associated process. It is crucial to thoroughly comprehend your company's objectives. Educate yourself about what you aspire to achieve and set the wheels in motion by developing a comprehensive mind map. Stay active in attracting potential business people and investors by employing the right strategies. Once you have a well-established strategy, you can brainstorm ideas for creating makeup products. Additionally, you can determine the ideal packaging for these products. With these crucial decisions made, you can proceed with executing your plan and implementing a well-crafted business strategy. Step 4:- Think about Warehousing requirement When setting up a cosmetic manufacturing business, it is essential to consider the inclusion of warehousing as a vital part of your operations. This will facilitate the success of manufacturing cosmetic products and encourage the involvement of third-party assistance in storing makeup products and fulfilling orders. Step 5:- Involving the usage of the Right Equipment  After completing the steps mentioned above, you can proceed to the next crucial phase of selecting the appropriate equipment that is easily accessible to you. It is essential to consider obtaining the necessary materials that will greatly contribute to creating high-quality products. By investing in top-notch machinery, you can ensure that you seize the opportunity to produce makeup items that truly meet consumers' expectations.  Therefore, it is imperative to prioritize the search for machinery that guarantees exceptional performance and durability, enabling you to maintain a seamless workflow. Above all, never compromise on the quality or safety of your products, as this is of utmost importance in the production process. Step 4:- Choosing the Right Location  To establish a cosmetic manufacturing business in India is to look for a store/location. Make sure you hunt for a place that seems accessible and amidst the city's hustle and bustle. You may also choose a relatively cleaner location that is not hard to find. Step 5:- Marketing & Promotion   Since you have completed the hard work involved in the cosmetic manufacturing business, you may now shift your gaze to conducting marketing and how you would introduce your product to the market. To do so, you need to keep the target audience in mind, encourage yourself to think about your USP and then mend a plan based on your cosmetic products.  It would be incomplete to overlook the importance of promotion in the marketing landscape. Consider this scenario: You are at a market and come across a product you like. This prompts you to question the brand or place of origin. Similarly, once your cosmetic manufacturing business gains popularity, you want customers to recognize and remember your brand. Referrals, word of mouth and testimonials are quite a few marketing tactics that set in motion your plan and keep them ongoing.  Therefore, if you wish to start a cosmetic manufacturing business, you need to adhere to the points, such as defining your goals and strategizing a plan, choosing the right location, and focusing on marketing. Read Our Blog: CDSCO Cosmetic Import Registration in India Nothing comes easy and served on a silver platter. It has its highs and lows. For instance, as much as the growth of the cosmetics manufacturing business continues to surprise you, the behind-the-scenes for the same are equally painstaking. Nonetheless, there are numerous challenges faced by the beauty industry in India, which are as follows- The Truth Behind Misleading Views With netizens breeding on social media platforms, it goes without mentioning how they witness the pool of influencers brandishing cosmetics products, and advertising a brand. However, it is important to acknowledge that these influencers not only receive offers for brand promotions but also can potentially deceive their intended audiences, trapping them in a never-ending cycle. To address this issue, it is crucial to establish and uphold a level of transparency at any cost. To cater to this, a layer of transparency has to be initiated and respected at all costs.  Instead of supporting influencer marketing and relying on them solely, you may endorse the real reviews and testimonials that provide honest reviews about your cosmetic product. For instance, dos and don’ts, how to apply, tests on skin patches, etc. are the adequate ways to market your products well. Inaccurate information As it is rightly mentioned, all that glitters is not gold. In the same way, the high-contrast pictures or the false representation of the product's usage can create unnecessary expectations for the consumers buying it. These individuals would be trapped in this yearning and remain misguided. Speaking of which, Consumers in India need to be informed about attainable beauty goals to promote transparency and enhance beauty standards. The cosmetics industry should prioritize supporting natural beauty and using the right products to conceal blemishes. In addition, it is crucial to create an environment that encourages individuals to pursue the appropriate solutions suitable for their needs. Perception Versus Reality Sadly, we are breathing in an era that takes the bait and accepts whatever is served. Especially talking about the ongoing trends of today, we all are great fanatics of makeup, which appeases the eyes of the audience and persuades them. However, we may not realize that this passion has grown into a full-blown obsession. Additionally, scientists have reported that many cosmetic products contain harmful chemicals and micro plastics, which impact us and the environment. Therefore, instead of choosing products that contain toxic substances, opt for chemically-free and eco-friendly options. This promotes a greener approach to cosmetic products and ensures sustainability. Instead of making verbal claims, you may exercise the sustainable practices you proudly endorse.  Therefore, a cosmetic manufacturing business comes with plenty of challenges, which include false statements, inaccurate information, and perception versus reality. Evidently, the cosmetic manufacturing industry is growing at an impressive rate, and its set to continue making strides in the beauty sector in the foreseeable future. It's no surprise that many companies have recognized the potential of this industry, and as a result, they have experienced significant growth.  However, while there are numerous benefits associated with this growth, there are also challenges that come with it. Additionally, it's expected that the cosmetics industry in India will experience substantial growth over the next five years, with a market size projected to hit $1 billion by 2024. With that, it would continue to thrive massively. This portion of the site is for informational purposes only. The content is not legal advice. The statements and opinions are the expression of author, not corpseed, and have not been evaluated by corpseed for accuracy, completeness, or changes in the law. BOOK A FREE CONSULTATION Get help from an experienced legal adviser. Schedule your consultation at a time that works for you and it's absolutely FREE. Hansika Bhardwaj Latest articles. Thank you for your vote! Would you have any suggestions for improvements? Thanks so much for sharing your experience with us , we hope to see you again soon. . From Idea to Foundation Master the Essentials: Laying the Groundwork for Lasting Business Success.  Funding and Approval Toolkit Shape the future of your business, business moves fast. stay informed.. Discover the Best Tools for Business Plans Learn from the business planning experts, resources to help you get ahead, how to write a cosmetic or skincare company business plan, your key to success, the ultimate guide to planning your beauty company. This article will take you through the essentials of creating a business plan tailored to the cosmetic and skincare industry. Read on to discover the secrets to crafting a winning business plan for your cosmetic or skincare company! Who is this for? Cosmetic Brand, Skincare Brand, Makeup Artist, Beauty Salon, Spa, Esthetician, Cosmetic Dentistry, Dermatologist, Plastic Surgeon, Beauty Supply Store, Online Beauty Retailer, Subscription Box Service, Cosmetic Manufacturing, Private Label Cosmetics, Cosmetic Packaging, Cosmetic Testing Laboratory, Beauty Product Distributor, Cosmetic Wholesaler, Beauty Product Marketing Agency, Beauty Product Photography, Beauty Blog, Cosmetic Ingredient Supplier, Cosmetic Product Trainer, Beauty School, Cosmetic Formulation Chemist, Cosmetic Regulatory Consultant, Cosmetic Product Development, Organic Skincare Brand, Natural Skincare Brand, Clean Beauty Brand. Why You Should Read This Article If you’re reading this, chances are you’ve got a brilliant idea for a cosmetic or skincare company that’s ready to take the industry by storm. But before you start mixing up formulas or designing packaging, there’s one crucial step you can’t afford to skip: writing a business plan. What is a Business Plan? A business plan is essentially a roadmap for your company’s future. It’s a comprehensive document that outlines your business model and concept, market analysis, operational strategy, financial projections, and more. Think of it as your company’s resume – it’s your chance to showcase your vision, your expertise, and your potential to investors, partners, and even yourself. Why Do I Need a Business Plan? Now, you might be thinking, “I’m a creative visionary, not a business person. Why do I need to bother with a boring old business plan?” Well, my friend, let me tell you – a solid business plan is absolutely essential for any entrepreneur looking to succeed in the competitive world of cosmetics and skincare. Here’s why: Clarity and Focus: Writing a business plan forces you to think critically about every aspect of your business, from your target market to your production process to your financial projections. It helps you clarify your vision, set concrete goals, and develop a clear strategy for achieving them. Attract Funding: If you’re planning to seek funding from investors or loans from banks, a well-crafted business plan is non-negotiable. Investors in the beauty and personal care industry want to see that you’ve done your homework, that you understand your market, and that you have a realistic plan for turning a profit. Competitive Edge: The beauty and personal care industry is fiercely competitive, with new brands popping up every day. A strong business plan can help you stand out from the crowd by showcasing your unique value proposition and demonstrating your industry expertise. Decision-Making Tool: As you grow your business, your business plan will serve as a valuable decision-making tool. It provides a framework for evaluating new opportunities, measuring progress, and making strategic course corrections along the way. But writing a compelling business plan for a cosmetic or skincare company isn’t just about filling in a generic template. To create a plan that truly sets you up for success, you need to dive deep into the unique challenges and opportunities of the beauty industry. That’s where this guide comes in. We’ve pulled together insights from industry experts, successful entrepreneurs, and our own decades of experience to walk you through the key considerations and best practices for writing a winning business plan for your cosmetic or skincare company. Whether you’re a skincare aficionado with dreams of launching your own clean beauty line or a makeup artist ready to turn your signature looks into a global brand, this guide will give you the tools and knowledge you need to put your best face forward (pun totally intended). So grab a notepad, get ready to dive into some market research, and let’s start building the business plan that will bring your company to life! The 6 Things You Must Consider Before Writing Your Cosmetics or Skincare Business Plan In the glittering, Instagram-worthy world of cosmetics and skincare, a well-crafted business plan is your roadmap to success. But don’t be fooled by the industry’s pretty face – behind the scenes, it’s a massive, highly organized, efficient, and fiercely competitive arena where every detail matters. According to Statista, the revenue in the U.S. cosmetics segment is forecast to grow by 19.04 percent between 2023 and 2028, reaching a staggering $23.12 billion. Meanwhile, the U.S. skincare market is projected to generate $24.35 billion in revenue in 2024 alone, with a yearly growth rate of 2.94% through 2028. If you want to carve off a chunk of this lucrative market for yourself, you better be prepared. Before you even think about writing your business plan, there’s a crucial pre-planning phase known as the “gestation” period that can make or break your startup. The Harvard Business Review’s analysis of the University of Michigan’s Panel Study of Entrepreneurship found that “the most successful entrepreneurs were those that wrote their business plan between six and 12 months after deciding to start a business.” At Businessplan.com, we know that our Pre-Planning Process provides a solid framework for entrepreneurs across industries. But those in the cosmetics and skincare sector face unique challenges and opportunities. Here are six essential considerations to guide your pre-planning journey, ensuring your startup isn’t just another flash in the pan, but a brand built for lasting success in this demanding industry. 1. Syncing With Current and Emerging Industry Trends Why it matters. Aligning your business idea with current and future trends isn’t just a nice-to-have; it’s a must-have. Cara Eaton, Sustainability Director at Croda , points out that innovation across various sectors offers exciting opportunities for impact . But here’s the thing: you need to understand these trends inside and out. Only then can you identify where your business can fill gaps, meet unmet needs, and anticipate what your customers will be clamoring for next.  Connecting with “Know Your Customer” So, how do you make sure your business idea is on point with industry trends? It all starts with getting up close and personal with your target customers. And no, we’re not talking about some half-hearted survey or focus group. To truly understand your customers’ functional, emotional, and social jobs-to-be-done , you need to conduct Pre-Vision Interviews with your competitors’ customers as part of the Know Your Customer step in the Pre-Planning Process. These interviews are your golden ticket to uncovering what makes your customers tick, what makes them switch, and what they’re secretly wishing for. By diving deep into your competitors’ customers, you can spot opportunities for innovation and make sure your product or service is the answer to your customers’ prayers. This is how you validate, refine, or pivot your business idea early on, so you don’t end up pouring your blood, sweat, and tears into something that’s DOA. 2. Embracing a Consumer-Centric Approach to Product Development Consumers are no longer satisfied with just a pretty package or a clever marketing campaign. They want products that deliver real results, align with their values , and elevate their skincare experience. The rise of products offering clinical benefits alongside sensory experiences is a testament to this shift. To stay relevant, you need to put your consumers at the heart of your product development process. This means digging deep into their needs, preferences, and pain points, and using these insights to guide every decision you make. From Interviews to Insights Remember those Pre-Vision Interviews we talked about in the Know Your Customer step? They’re not just a box to check off your pre-planning to-do list. These interviews are a goldmine of valuable insights that can shape your product development strategy. But here’s the catch: you need to know how to conduct these interviews effectively and, more importantly, how to analyze the data you collect. This is where many aspiring entrepreneurs stumble. They go through the motions of conducting interviews but fail to extract the key insights that can make or break their product ideas. To avoid this pitfall, you need to approach the interview process with a clear framework and a set of targeted questions that get to the heart of your customers’ needs and desires. And once you have that raw data, you need to roll up your sleeves and dive into the analysis phase. Refining Your Product Ideas Analyzing your interview data is all about identifying patterns, themes, and opportunities. It’s about reading between the lines and uncovering the unmet needs and unexpressed wishes of your target market. And most importantly, it’s about being willing to use this information to objectively refine your product ideas. This is where the rubber meets the road. You might have a vision for a groundbreaking new skincare product, but if your customer insights point in a different direction, you need to be willing to pivot. Embracing a consumer-centric approach means letting go of your ego and preconceived notions and letting your customers guide the way. By integrating your customer insights into every stage of the product development process – from ideation to formulation to packaging – you’ll be able to create products that not only meet but exceed your customers’ expectations. And when you do that, you’ll earn more than just their business; you’ll earn their trust, loyalty, and advocacy. 3. Incorporating Diversity, Equity, and Inclusion (DEI) From the Start In today’s beauty industry, DEI isn’t just a trendy acronym; it’s central to product-market fit. Consumers are demanding brands that not only talk the talk but also walk the walk when it comes to representing and celebrating diversity . By weaving DEI into the very fabric of your business from day one, you’ll be better positioned to connect with a broader consumer base and foster a more inclusive community around your brand. Diversity in Customer Interviews But here’s the thing: incorporating DEI isn’t just about the end product. It starts with the very first step of the Pre-Planning Process: Know Your Customer . When conducting competitor customer interviews, it’s critical to ensure that you’re gathering insights from a diverse range of backgrounds and perspectives. Why? Because customers from different demographics, cultures, and life experiences will have vastly different needs, preferences, and pain points when it comes to cosmetics and skincare. By seeking out and listening to these diverse voices, you’ll be able to create products that resonate with a wider audience and avoid the pitfalls of a one-size-fits-all approach. Building an Inclusive Brand Incorporating DEI from the start isn’t just about doing the right thing; it’s also about building a brand that is relevant and resonant in today’s market. By prioritizing diversity in your product development, marketing, and corporate culture, you’ll be better equipped to meet the needs and expectations of an increasingly diverse consumer base. Moreover, by fostering a workplace culture that values and thrives on diverse perspectives, you’ll unlock new sources of innovation and empathy in your business practices. And in an industry where understanding and connecting with your customers is everything, that’s a powerful competitive advantage. 4. Navigating Regulatory Compliance and Industry Standards If you think regulatory compliance is just some boring paperwork, think again. In the high-stakes world of cosmetics and skincare, one misstep can spell disaster for your brand. And if you’re not factoring in the costs of compliance from day one, you’re setting yourself up for a nasty surprise down the line. Don’t Get Blindsided When you’re knee-deep in your Core Cost Analysis (CCA), it’s easy to focus on the obvious expenses like materials and direct labor. But if you’re not accounting for the myriad costs of meeting industry standards and regulations, you’re in for a rude awakening. We’re talking safety testing, clinical trials, ingredient sourcing, labeling requirements – the list goes on. And if you think you can skimp on these costs and still come out on top, good luck with that. Compliance as a Secret Weapon But here’s the kicker: navigating compliance isn’t just about avoiding legal hot water. It’s also about building a brand that customers can trust. In a market where consumers are more savvy and skeptical than ever, and popular review sites like MakeupAlley and Beautypedia are just a click away,  a brand that prioritizes transparency and safety is going to stand out like a unicorn in a field of donkeys. So when you’re crunching the numbers in your CCA, don’t just focus on the bare minimum. Factor in the costs of going above and beyond on compliance, and watch as it becomes your secret weapon in the battle for customer loyalty. 5. The Value of Finding Your Voice Before you can craft a compelling brand voice, you need to know what you stand for. And that starts with your value propositions – the unique benefits and experiences you promise to deliver to your customers. As Dr. Brent Ridge , Co-Founder of Beekman 1802 , emphasizes, an authentically empathetic brand mission can forge deep, emotional connections with customers. But you can’t communicate that mission effectively without first defining your value propositions. The Heart of Your Business Model Your value propositions aren’t just a part of the Business Model Development step in the pre-planning stage– they’re the heart of it. When you’re developing your Business Model Canvas , your value propositions should be at the center, informing every other aspect of your business. From your customer segments to your channels to your revenue streams, every component of your business model should be designed to deliver on your value propositions. Aligning Voice with Value Once you’ve clearly defined your value propositions, you can start to develop a brand voice that authentically reflects them. Your brand voice is the personality and emotion you infuse into every interaction with your customers, from social media posts to packaging. It’s how you communicate your values, your mission, and your unique selling points in a way that resonates with your target audience. By crafting your brand voice around your value propositions, you ensure that every touchpoint with your customers is aligned and working together to deliver on your brand promise. Your voice becomes an extension of your values, creating a consistent and cohesive brand experience that builds trust and loyalty with your customers. 6. Committing to Sustainability and Transparency from the Ground Up Sustainability and transparency aren’t just buzzwords. Consumers are demanding that brands not only talk the talk but also walk the walk when it comes to ethical and sustainable practices. As Pamela Gill-Alabaster , Global Head of ESG & Sustainability at Kenvue , points out, companies need to be disclosing their ESG impacts with the same rigor and transparency as their financial reporting. The crucial thing to understand: committing to sustainability and transparency isn’t just about checking boxes or appeasing consumers. It’s about building a brand that can stand the test of time. By integrating sustainable practices and transparency into your operations from the ground up, you’re not just aligning with consumer values – you’re future-proofing your business. Operationalizing Sustainability So how do you actually operationalize sustainability and transparency? It starts with the Operations in Detail phase of the Pre-Planning Process. This is where you take the key activities, resources, and partners outlined in your Business Model Canvas and turn them into actionable operations plans. It’s about ensuring that sustainability and transparency are woven into every aspect of your operations. This means: Selecting suppliers and partners who share your commitment to sustainability and transparency Investing in sustainable technologies and practices throughout your supply chain Implementing robust tracking and reporting systems to ensure transparency and accountability Developing a company culture that prioritizes sustainability and transparency at every level By taking a rigorous, detailed approach to operational planning, you can ensure that your commitment to sustainability and transparency is more than just lip service – it’s embedded in the very fabric of your business. Get Up to Speed FAST! Unsure where to start. From Pre-Planning to Writing Your Business Plan You’ve just explored the six key considerations every cosmetics and skincare entrepreneur should tackle before writing their business plan. And if you’re feeling a bit overwhelmed, that’s entirely normal. The truth is, the hard work of writing a business plan is actually in the pre-planning stage. Now, this doesn’t mean there isn’t work left to do once you’ve laid the groundwork. But it does mean that the actual writing of your business plan needs to be based on the solid foundation you’ve built in the pre-planning phase. As mentioned earlier, most successful new businesses spend six to 12 months in the pre-planning stage. That might seem like a long time, but trust me – it’s time well spent. So, if you haven’t already, bookmark this page and start setting yourself some pre-planning objectives. Go on, I’ll wait. Oh, you’re back? Fantastic. So, you’ve done the entire Pre-Planning Process? How are you feeling? Still ready to write that business plan? Good, because here’s where the magic happens. Want to increase your chances of success by 12%, especially knowing that half of businesses fail within five years of launch? Of course you do! Well, you might be surprised to know that the time you put into developing your business plan has a major impact. Our friends over at Harvard Business Review have some eye-opening statistics on this. They found that the optimal time to spend on a business plan is three months. That’s right – three months of focused, strategic plan writing can increase your chances of creating a viable venture by 12%. But here’s the kicker: spending any longer than three months on your plan is futile, mostly because the information used to inform the plan loses its currency. And spending just a month or two on the plan? That’s just as bad.  Are you catching on to the theme here? Time. Planning a business properly is all about the time and effort you put in.  So, are you ready to roll up your sleeves and do this right? Fantastic. The first thing you need to do is Understand Your Audience – and we’ll dive into that next. Writing a Business Plan Tailored to Your Specific Audience Alright, let’s get one thing straight: when it comes to writing your business plan, it’s not just about you. I mean, sure, you’re writing it for yourself (and that’s crucial), but you’ve also got to keep your audience in mind. And trust me, different audiences are looking for different things. So, before you start scribbling away, take a moment to think about who you’re trying to impress. Are you pitching to investors? Applying for a bank loan? Trying to convince a landlord that your cosmetics startup won’t turn their property into a glittery disaster zone? If you’re pitching to investors who specialize in early-stage cosmetics and skincare companies, you better believe they know their stuff. They’re not just looking for a pretty face (or product); they want to see that you’ve got the brains and the brand to back it up. Take Shiseido , for example. When they launched their LIFT Ventures fund, they weren’t just throwing money at any old startup with a catchy name. They were looking for companies like Phyla and Patricks , who had a unique approach, a focus on science and wellness, and commercial traction to boot. Savvy investors are keeping a close eye on the latest trends and consumer preferences in the beauty industry, adapting their strategies to capitalize on the sector’s potential for growth, as highlighted in our article 9 Signs the Beauty Sector’s Investment Glow-Up Is on the Horizon , following a challenging year in 2023. So, when you’re writing your plan for investors who happen to be beauty buffs, make sure you’re highlighting what sets you apart. Show them how your innovative technology or unique approach to the market is going to disrupt the industry and make them some serious cash. On the other hand, if you’re applying for a bank loan or an SBA loan , you better be ready to get down to the nitty-gritty. These folks want to see detailed planning, comprehensive research, and a realistic assessment of your startup costs. They’re not interested in your cool logo or your influencer marketing strategy; they want to know that you’ve got a solid plan to pay them back. So, when you’re writing your plan for the banks, make sure you’re dotting your i’s and crossing your t’s. Show them that you’ve done your homework, that you know your numbers inside and out, and that you’ve got a realistic plan to turn a profit. The Bottom Line At the end of the day, the success of your business plan hinges on its ability to meet the unique needs of its audience. Whether you’re going through the comprehensive Pre-Planning Process or using Model-Based Planning® to save time, the goal is the same: to create a well-thought-out document that not only serves as your own strategic roadmap but also convinces your audience that you’ve got what it takes to succeed in the competitive world of cosmetics and skincare. So, before you start writing, take a moment to put yourself in your audience’s shoes. Do some research. What do they care about? What are they looking for? And how can you tailor your plan to show them that you’re the beauty brand they’ve been waiting for? The Must-Haves When Writing Your Cosmetic and Skincare Company Business Plan Executive Summary: Your elevator pitch on steroids. Develop your narrative and give financiers the CliffsNotes version of your cosmetic and skincare company’s vision, unique value proposition, and why you’re the one to watch in this space. Market Analysis: Dive into the nitty-gritty research and analysis it takes to understand the current the beauty industry. Who’s your target audience? Who are your competitors, and how are you going to outmaneuver them? Show that you’ve done your homework and have a pulse on the market. Products & Specialization: What sets your cosmetic and skincare company apart? Are you the go-to for clean, vegan, and cruelty-free products? Spell it out, and don’t be afraid to toot your own horn. Operational Strategy: Give financiers a peek under the hood of your cosmetic and skincare company’s operations. From your supply chain management to your product development process, prove that you’ve got the chops to run a tight ship. Marketing & Sales: How are you going to get the word out and keep customers coming back for more? Lay out your strategy and implementation game plan, including your social media strategy, influencer partnerships, and any retail or e-commerce partnerships you’ve got up your sleeve. Management Team: Introduce the organizational structure and who’ll be leading your cosmetic and skincare company to glory. Highlight their track record, industry connections, and why they’re the dream team you need to succeed. Financial Projections: Don’t be shy about the numbers. Present your financial projections , including startup costs, revenue targets, and profitability timeline. Prove that your cosmetic and skincare company is a money-making machine waiting to happen. Appendices: Include any extra goodies that’ll give your business plan an edge, such as market research, customer testimonials, or letters of intent from potential retail partners. To wrap up, remember that writing a business plan for your cosmetic or skincare company is not just a one-and-done exercise. As your business grows and evolves, so should your plan. Make a habit of revisiting and updating your plan regularly – at least once a year – to ensure that it stays relevant and actionable. And most importantly, don’t let the process of writing a business plan intimidate you. Yes, it takes time, effort, and research, but it’s also an incredibly valuable opportunity to deepen your understanding of your industry, your customers, and your own business. By following the steps and best practices outlined in this guide, you’ll be well on your way to creating a business plan that sets your cosmetic or skincare company up for long-term success. So what are you waiting for? It’s time to put pen to paper (or fingers to keyboard) and start turning your beauty business dreams into a reality. Your future customers (and investors) are waiting! Unlock Your Beauty Brand's Potential Expert business planning for cosmetic and skincare entrepreneurs. Introducing the Expert Business Planning Bundle – your comprehensive toolkit for building a thriving cosmetic or skincare business. Curated specifically for beauty entrepreneurs, this bundle includes the Model-Based Planning® Worksheet, a cosmetic and skincare-specific business plan template, a powerful financial projection Excel model, and expert guides on leveraging these tools and AI to develop a winning plan. Invest in your beauty brand’s future and bring your vision to life. Beauty Business Planning Essentials Insider secrets for standout success. Developed by the top business planning team in the U.S., our Expert Business Planning Bundle gives you the insider secrets and expert resources to create a standout business plan for your cosmetic or skincare venture. Leveraging these industry-specific tools and strategies will set you apart from the competition and position your beauty brand for success. With this bundle, you will: Access insider knowledge and proven strategies used by the top business planning company in the U.S. Gain a competitive edge by leveraging expert resources tailored specifically to the cosmetic and skincare industry Harness the power of a cosmetic and skincare-specific template filled with targeted pro tips, insights, and instructions Streamline your planning process using the Model-Based Planning® Worksheet for Cosmetic and Skincare Companies Create professional financial projections with the included Excel model designed for beauty businesses Structure and organize your plan effectively using the curated cosmetic and skincare-focused business plan template Learn how to leverage these tools and AI to develop a compelling and comprehensive business plan Increase your chances of securing loans, investments, or approvals needed to bring your cosmetic and skincare vision to life Use this bundle as your primary toolkit for crafting a cosmetic or skincare company business plan that unlocks the funding and support you need. Don’t rely on generic templates when creating your cosmetic or skincare business plan. Instead, invest in a toolkit carefully curated by industry experts who have spent their careers helping beauty businesses succeed. The Expert Business Planning Bundle is the best investment you can make, as no other resource can match its depth, breadth, and practical wisdom tailored specifically to the cosmetic and skincare industry. Our team has distilled their thousands of hours of experience working with successful beauty businesses into a comprehensive toolkit that saves you time, money, and prevents costly mistakes. This targeted, practical knowledge enables you to write a business plan that surpasses what even the best consultants could produce, customized to your unique needs and goals. Whether you’re seeking funding, approvals, or simply want to set your cosmetic and skincare business up for long-term success, the Expert Business Planning Bundle is the ultimate resource to help you achieve your vision. With this toolkit, you’ll have the confidence and expertise to create a compelling business plan that unlocks the doors to the funding and support your beauty brand deserves. Frequently Asked Questions How can I tailor my cosmetic and skincare business plan to attract potential investors? To appeal to investors, highlight aspects that demonstrate profitability, scalability, and your competitive edge in the market. Emphasize your management team’s experience and expertise in the cosmetic and skincare industry, and showcase how your unique offerings and business model position you for success. Include financial projections that illustrate your growth potential and the return on investment that investors can expect. What information should I include in the business description section of my cosmetic and skincare business plan? In the business description section, provide a comprehensive overview of your cosmetic and skincare company. This should include your business concept, target market, product or service offerings, unique selling points, location, brand design, market fit, differentiators, and your vision for impact on the industry. Be sure to clearly articulate how your company stands out from competitors and meets the needs of your target customers. How much personal information should I share about the management team in my cosmetic and skincare business plan? When discussing your management team, include succinct biographies of key members, focusing on their relevant experience, skills, and contributions to the success of your cosmetic and skincare company. Highlight their expertise in areas such as product development, marketing, sales, or operations, and how their backgrounds align with the needs of your business. Avoid excessive personal detail and keep the information professional and relevant to your company’s goals. Should I highlight past success stories in my cosmetic and skincare business plan? Yes, including past success stories can enhance your credibility and appeal to banks, investors, or other stakeholders. If you or your team members have previous experience in the cosmetic and skincare industry, showcase how these experiences have equipped you with valuable skills, insights, and networks that will contribute to the success of your current venture. This can help build confidence in your ability to execute your business plan and achieve your goals. What are the key elements of a company overview in a cosmetic and skincare business plan? The company overview should provide a concise summary of the essence of your cosmetic and skincare business. This includes your company name, location, product or service offerings, and the experience you aim to provide for your customers. Additionally, outline your mission statement, core values, and long-term objectives, highlighting how these elements align with your target market and industry trends. This section should give readers a clear understanding of what your company represents and its goals for growth and success in the cosmetic and skincare market. Welcome to Businessplan.com Currently in beta test mode. Products available for purchase are placeholders and no orders will be processed at this time. Let’s craft the ultimate business planning platform together. Have questions, suggestions, or want a sneak peek at upcoming tools and resources? Connect with us on X or join “On the Right Foot” on Substack . This site uses cookies from Google to deliver its services and to analyze traffic. Ok, Got It. Privacy Policy Academia.edu no longer supports Internet Explorer. To browse Academia.edu and the wider internet faster and more securely, please take a few seconds to  upgrade your browser . Enter the email address you signed up with and we'll email you a reset link. We're Hiring! Help Center SAMPLE BUSINESS PLAN FOR COSMETICS BUSINESS. 2020, SAMPLE BUSINESS PLAN BY AKAMPURIRA BRIAN This plan is to set up a cosmetic shop in the name of " Briox Cosmetics Enterprise ", which will be located in Easy View Arcade Garage street Mbarara. The cosmetic shop will be a sole proprietorship owned by Akampurira Brian. I will use startup capital of 52,380,000 Uganda shillings. UGX 34,380,000 will be owners’ equity and the remaining UGX 18,000,000 will be a bank loan which will be secured from centenary bank at 10% interest rate. The key personnel at the cosmetic Enterprise will include Senior manager, buying inputs and overall supervisory work, operations and production staff, sales and marketing staff, skin therapy and hairdressing staff, record keeping and accounting, stock control and direct selling staff The key objective of the cosmetic shop will be to provide fresh quality cosmetics to our clients to enable them improve their general skin beauty, to obtain maximum customer satisfaction through continued quality production, to obtain continuous production and supply of our products to the customers, to create customer loyalty to our products such that they become well pronounced in the customer minds. To achieve our objective, the cosmetic shop will employ strategies such as: Offering quality, body skin lotions, oils and herbal cosmetics that help fight the skin diseases made from fresh fruit and vegetable which are nutritious through adequate research and proper mixture of the lotions, oils and herbal ointments to meet the standard skin contents and characteristics of customers in the market through advertisement by use of sign posts, direct selling and radio stations, offering special incentive to our regular clients, offering our cosmetics at relatively lower prices for market penetration, creating a conducive environment for our clients, employing people who understand the meaning of customer care and meaning of quality by giving them samples for use as a way of expanding our markets especially among the young children, youth and women. All this encompasses our strategies that include, communication strategy, supplier relationship strategy, marketing strategy, competitive strategy and human resource strategy. The vision of the cosmetic shop will be ‘To be the leading suppliers of quality, fresh and health skin booting cosmetics product’ Our mission will be, dedicated at improving the skin health and body look and appearance of our client. "We seek to become the recognized leader in our targeted local and international market for carrying a diverse line of in demand cosmetics including perfumes, makeup, and other accessories that will have a competitive edge towards customer satisfaction and retention at attractive prices. Our major customers will be corporate employees, students, market vendors, tourists and retailers who will be consuming a range of our products including; Perfumes 1st class, Lemon body lotion, Hair relaxer cream, Avocadoes body cream smoother and Hair glow. Our forms/ ways of distribution will include, through Retailers, distributors and wholesalers who will buy and sell in bulk to our final customers which we cannot sell to directly we shall also sell directly to the customers because we have a high customer traffic at our main outlet in Mbarara. We shall as well be using a van that will be leased to distribute to our customers who order in large quantities. In terms of our legal responsibilities, the following taxes apply to our business, sales tax, employees’ income tax, national social security fund and Mbarara Municipal Council Tax and other licenses like trading license, and Uganda National Bureau of Standards license. We shall as well need to the insurance for our business and also carry out other social responsibilities like corporate social responsibility, being environmentally friendly, and ensuring cleanliness of Mbarara town. Our products are costed and priced after comparison with our major competitor’s prices and costing information acquired through market research. We have as well carried out cash flow estimates to ensure that our business does not run out of cash. Our startup capital has been allocated to what we intend to start our business with that is renting building for two months, buying machines for mixing the inputs, Machines, leasing van, buying furniture and fittings, massage equipment, cloths and uniforms and other necessary things to start with including the employee salaries for the first two months. This plan will be effective on 1st January 2018 and that is when my business will begin in Mbarara Easy View Arcade. Loading Preview Sorry, preview is currently unavailable. You can download the paper by clicking the button above. RELATED TOPICS   We're Hiring!   Help Center Find new research papers in: Health Sciences Earth Sciences Cognitive Science Mathematics Computer Science Academia ©2024 Nifty 50 Powered by MOVADO Mutual Funds RBI MPC Meet Live Share Market Live Vinesh Phogat NEET PG Hearing 2024 Live Business News banking finance IREDA plans to grow the loan book by five times to Rs 3.50 trillion by 2030 Loksabha Election Budget 2024 Stock Market Quotes Mutual Fund Stock Stats Top Gainers CaFE Invest Investing Abroad Gold Rate in India Silver Rate in India Petrol Rate in India Diesel Rate in India Express Mobility Banking & Finance Travel & Tourism Brand Wagon Entertainment Web Stories Auto Web Stories Infographics Today’s Paper International Edits & Columns Personal Finance Print PRIVACY POLICY TERMS AND CONDITIONS IPO’s Open and Upcoming 5 Top Indices Performance Stock Analysis Stock Market Stats Financial Literacy Gold Rate Today NSE Top Gainers 1636 NSE Top Losers 994 BSE Top Gainers 2756 BSE Top Losers 1950 NSE 52-Week High 0 NSE 52-Week Low 0 BSE 52-Week High 0 BSE 52-Week Low 0 NSE Price Shocker NSE Volume Shocker BSE Price Shocker BSE Volume Shocker NSE Sellers BSE Sellers Silver Rate Today Petrol Rate Today Diesel Rate Today LIC Unveils Youth-Centric Plans: Check Benefits, Eligibility, and More Curated By : Namit Singh Sengar Last Updated: August 08, 2024, 14:42 IST New Delhi, India The Yuva Credit Life/Digi Credit Life plans offer coverage for loan liabilities The Life Insurance Corporation of India has introduced two new term insurance products for youth. The Life Insurance Corporation of India (LIC) has introduced two new term insurance products for youth: LIC’s Yuva Term/Digi Term and LIC’s Yuva Credit Life/Digi Credit Life. These non-participating, non-linked, pure-risk plans are designed to offer protection against loan repayment risks, catering to a range of insurance needs. New Plan Details New plans—LIC’s Yuva Term (UIN: 512N355V01), Digi Term (UIN: 512N356V01), Yuva Credit Life (UIN: 512N357V01), and Digi Credit Life (UIN: 512N358V01)—were launched on Monday by LIC CEO and MD Siddhartha Mohanty. LIC’s Yuva Term/Digi Term Financial Security: Offers financial security to the policyholder’s family in the event of the policyholder’s death during the policy term. Guaranteed Death Benefits: Guarantees death benefits and is accessible both online and offline. Purchase Options: LIC Yuva Term: Available through intermediaries. LIC Digi Term: Exclusively available on LIC’s website. Target Audience: Specifically designed for young individuals, providing the flexibility to choose between offline and online purchasing options. Minimum: 18 years. Maximum: 45 years. Maturity Age: Ranges from 33 to 75 years. Sum Assured: Varies between Rs 50 lakh and Rs 5 crore. Rebates and Premium Rates: Attractive high-sum assured rebates. Lower premium rates for women. Death Benefits: Regular and Limited Premium Payments: Seven times the annualised premium or 105 percent of the total premiums paid up to the date of death, or the absolute amount assured. Single Premium Payments: 125 percent of the single premium or the absolute amount assured. Yuva Credit Life/Digi Credit The Yuva Credit Life/Digi Credit Life plans offer coverage for loan liabilities, providing a safety net against repayments for needs such as housing, education, or vehicles. Similar to the Yuva Term plans, these are available in both offline and online formats. The entry age for these products is between 18 and 45 years, with a maturity age ranging from 23 to 75 years. The sum assured ranges from Rs 50 lakh to Rs 5 crore, and the death benefit decreases over the policy term, corresponding to the outstanding loan amount. Minimum age at entry is 18 years (last birthday). Maximum age at entry is 45 years (last birthday). Minimum age at maturity is 23 years (last birthday) and maximum age at maturity is 75 years (last birthday). Minimum basic sum assured is Rs. 50 lakh and maximum basic sum assured is Rs. 5 crores Attractive high sum assured rebates are available. Special lower premium rates for women. Choice of loan interest rate as appropriate for the policyholder at the inception of the policy. In the event of the policyholder’s death during the policy term, provided the policy is in force and the claim is admissible, the sum assured on death will be paid. An Indian billionaire has an audacious plan to take down part of China's economic master plan The Indian billionaire Karan Adani announced plans to challenge Chinese dominance in global seaports. Adani Ports has received "in-principle" approval for a $2 billion project in Da Nang, Vietnam. Adani Group has plans for ports in the Middle East, Africa, and Southeast Asia, Bloomberg said. Karan Adani, the son of one of Asia's richest men , wants to loosen China's grip on seaports and transform India into a major trading hub. "We are working on making India the center point of the overall supply chain from east to west," he said in an interview with Bloomberg for its "Inside Adani" series. Adani, the CEO of Adani Ports, said that the company had received an "in-principle" approval from the Vietnamese government for a $2 billion greenfield project in Da Nang. This would be the latest addition to the Adani Ports' portfolio. In 2022, it won a joint bid on the Israeli government's tender to buy the Haifa Port for $1.2 billion. It also owns port assets in Colombo, Sri Lanka, and the Port of Dar es Salaam in Tanzania. Loosening China's grip India has long had fears over China surrounding it with ports. The trade infrastructure in the Indian Ocean is often referred to as China's "string of pearls." China's Belt and Road Initiative (also referred to as the New Silk Road) involves buying up multiple ports across the world to build a sea route running from the coast of China through the major transit route of the Indian Ocean and the busiest maritime points of the Middle East, and ending in Europe. The Washington Post reported the majority of investments in Chinese-owned ports had been made by companies owned by the Chinese government, which would make the Chinese Communist Party the biggest operator of the ports that fuel global supply chains. The Council on Foreign Relations says that China operates or has ownership stakes in at least one port on every continent except Antarctica. Ninety-two out of the 101 ports were active as of 2023. The Financial Times cited a report by the Qianzhan Industrial Research Institute saying that China invested at least $40 billion in coastal port infrastructure between 2016 and 2021. Related stories The outlet also said that China had 76 port terminals able to support large ships carrying more than 14,000 20-foot containers, while southern and southeastern Asian countries had just 31 between them. Fortune India reported that 75% of India's transshipped cargo was handled by ports outside the country. The Adani Group wants to change that. Making India the world's factory The company has openly aligned its business interests with Indian Prime Minister Narendra Modi's development agenda of making India the world's factory. Earlier this month, it welcomed the first mother ship in the first phase of its port in Vizhinjam harbor, a project undertaken with the state government of Kerala in India. Expected to be completed in 2028, the seaport aims to handle up to half of India's container-transshipment needs. According to the Bloomberg Billionaires Index, Adani Enterprises, the group's main company, reported revenue of $11.6 billion in 2024, and Adani's father, Gautam Adani, owns a 75% stake. The 62-year-old is worth over $80 billion and announced his succession plan on Monday — naming his sons, Karan and Jeet, and nephews Pranav and Sagar as heirs to the Adani Group. The Adani family has previously faced scrutiny for its close ties to Modi and allegations of preferential treatment from the Modi government. The Adanis frame the association as a desire to improve the country, with the chairman's message on the Adani Group website promising to "foray into sectors where the country needs to establish a foothold" and affirming that it will "look at these opportunities as part of our national duty." Main content We've detected unusual activity from your computer network To continue, please click the box below to let us know you're not a robot. Why did this happen? Please make sure your browser supports JavaScript and cookies and that you are not blocking them from loading. For more information you can review our Terms of Service and Cookie Policy . For inquiries related to this message please contact our support team and provide the reference ID below. 170 IMAGES Makeup Business Plan Template Complete Guide to Start Cosmetics Business in India PPT Makeup Studio Business Plan Sample Cosmetic Industry Business Plan Powerpoint Presentation Slides Cosmetics Business Plan COMMENTS Starting A Cosmetics Business in India In 2017, the cosmetics sector in India had a market value of roughly ₹83,192 crores. The cosmetic industry's market size increased year over year, and it was predicted to reach a value of ₹1.5 lakh crores in 2025. How to Start a Cosmetic Business in India? Making a Business Plan How to Start a Cosmetic Business in India: 2024 Guide So for starting a cosmetic business in India, you will need a minimum of Rs 7 lakhs - Rs 10 lakhs initially. The investment will be put into renting a place, renovations, buying the inventory, utility bills, salaries, logistics and miscellaneous expenses. ... Looking ahead to FY25, Mars Wrigley India plans to continue its sequential expansion ... Complete Guide to Start Cosmetics Business in India Unlock the beauty industry's secrets with our Complete Guide to Starting a Cosmetics Business in India. Join hands with Reviera Overseas and embark on your entrepreneurial journey today! +91 9099013176; [email protected]; MENU MENU. ... creating a robust marketing plan, and partnering with a cosmetics manufacturer, you'll be well on ... Navigating the Beauty Landscape India's cosmetics industry was estimated to be worth USD 24.53 billion in 2022 and is expected to reach USD 33.33 billion by 2027, growing at a 6.32% compound annual growth rate (CAGR). This indicates a promising market for cosmetics businesses in India. The global beauty industry, which encompasses cosmetics, is currently valued at $532 ... How to Start a Cosmetic Business in India Therefore even a small portion of it can be extremely rewarding. Step 1: Research and identify your target market. Step 2: Register your Business and Apply for the Necessary Licenses. Step 3: Find a Supplier. Step 4: Prepare a Business Plan. Step 5 : Test Market the product. Step 6: Make a marketing strategy. How to Start a Cosmetic Business When you begin a cosmetics venture in India, you must be cautious, lots of market research is needed. Discover what your consumers want, and this will help you to create a solid business plan. Make certain that the products you offer are of high quality; strive for better products all the time and stay within the law. Cosmetics Business Plan for New Entrepreneurs The cosmetic industry is doing quite well currently. It is estimated to be at USD 24.53 Billion in 2022 and expected to reach USD 33.33 Billion by 2027 growing at a 6.32% CAGR. 3. Product Description. The product list and the description of the products are the two most necessary aspects of a cosmetic business plan. How To Start A Cosmetic Business 2024 ? To start a successful cosmetics business company, do extensive market research to identify your target market and rivals. Create a thorough business plan that details your merchandise, costs, marketing approach, and financial projections. Complete all required legal requirements, including obtaining licenses and business registration. Cosmetics Business Plan Essentials Of A Cosmetics Business Plan. Beauty and beauty products have always found a favorable audience and continue to be popular and sought after products, thus making beauty and cosmetic products a serious business opportunity that is witnessing a steady and consistent growth. This growth and demand for cosmetic products is seen more so ... How to start a cosmetic shop in India The following sections detail the costs of opening a cosmetics store: Fees for registering a business - $15,000. The cost of inventory for your firm is estimated to be roughly Rs 80,000. The cost of the furnishings you'll need for your business is estimated to be between Rs 35,000 and Rs 40,000. Around Rs 30,000-35,000 for a PC and printer. How To Start Cosmetic Retail Store Investment required to start Cosmetic Retail Store in India. This is the major and crucial aspect of any business. In a typical Beauty Care and Cosmetic business, in the beginning, you need around 1, 00,000 INR to 2, 00,000 INR. The amount is needed for the deposit fee, rent for a few months, furniture cost, etc. Costing. Cosmetic Business Ideas: Unlocking Opportunities in the Industry INDIA COSMETICS MARKET: The India Cosmetics Products Market is expected to develop at a 4.23 percent compound annual growth rate (CAGR). In India, the online market for the purchasing of consumer goods has grown rapidly in the previous three to four years as internet access has increased. ... The business plan helps you connect with the ... How to Start Cosmetic Manufacturing Business The cosmetic manufacturing business in India includes a wide range of products, such as skincare, haircare, color cosmetics, fragrances, and personal hygiene products. ... Develop a business plan: Your business plan should include your mission, goals, target market, product line, marketing strategy, financial projections, and other important ... How to Start a Cosmetic Business in 10 Steps As your business grows you can add new lines to your existing product range. 3. Craft a Business Plan. This is the most important step in launching a successful business. Furthermore, a business helps in achieving the short-term and long-term goals of the business. According to your product line and business model craft a detailed business plan. Cosmetic Industry in India The India Cosmetics Products Market is expected to register a CAGR of 10.91% during the forecast period. Increasing purchasing power represents a key factor influencing market growth. According to World Bank data, consumer expenditure in India increased from USD 1.9 trillion in 2018 to USD 2.4 trillion in 2022, propelling the market demand. The future of Indian cosmetics industry: Recommendations for newcomers India is one of the largest markets for cosmetics. The industry is expected to grow at a CAGR of 6.7% over the next five years, according to Euromonitor International. This growth has been driven ... Starting A Cosmetics Business in India In this article, you will get to know about the cosmetics business, how to start a cosmetic business in India, and what are the benefits and prerequisites for it. Cosmetics Profit Margin The average profit margin in cosmetics is 10%-15% minimum, whereas if we talk about luxury brands, the profit margin is more than 50%. The cosmetic Industry in India is a prospering sector and is expected to grow with more than 9.5% CAGR for 2022-2028. Overview of Cosmetics Business in India . Investment: Rs. 8 Lacs - Rs. 15 Lacs (minimum) How to sell cosmetics online in India: the complete guide 2. Create a business plan. In the cosmetics line, product development is expensive. Start with a solid business plan that highlights every small detail to determine the goals of your business and how to achieve them. Here is an ideal list to maintain: Online store business name idea, founder details, your product or service offerings, How To Start A Cosmetic Manufacturing Business Step 2:-Strategize your Plan of Action . To set up a cosmetic manufacturing business, developing a comprehensive plan that includes a manufacturing strategy is essential. This strategy will guide the production process in the right direction. ... To establish a cosmetic manufacturing business in India is to look for a store/location. Make sure ... How to Write a Cosmetic or Skincare Company Business Plan According to Statista, the revenue in the U.S. cosmetics segmentis forecast to grow by 19.04 percent between 2023 and 2028, reaching a staggering $23.12 billion. Meanwhile, the U.S. skincare marketis projected to generate $24.35 billion in revenue in 2024 alone, with a yearly growth rate of 2.94% through 2028. SAMPLE BUSINESS PLAN FOR COSMETICS BUSINESS. This plan is to set up a cosmetic shop in the name of " Briox Cosmetics Enterprise ", which will be located in Easy View Arcade Garage street Mbarara. The cosmetic shop will be a sole proprietorship owned by Akampurira Brian. I will use startup capital of 52,380,000 Uganda shillings. UGX 34,380,000 will be owners' equity and the remaining UGX ... IREDA plans to grow the loan book by five times to Rs 3.50 trillion by In India, of the RE debt financing, roughly 65% is via debt. Of the debt, 35 percentage points (pp) come from NBFCs, 15 pp from banks, and 15 pp from the bond market. LIC Unveils Youth-Centric Plans: Check Benefits, Eligibility ... The Life Insurance Corporation of India (LIC) has introduced two new term insurance products for youth: LIC's Yuva Term/Digi Term and LIC's Yuva Credit Life/Digi Credit Life. These non-participating, non-linked, pure-risk plans are designed to offer protection against loan repayment risks, catering to a range of insurance needs. New Plan ... Gautam Adani announces his retirement plan, will handover his Rs Gautam Adani, the 62-year-old chairman of the Adani Group, plans to retire at 70, passing control to his sons and their cousins in the early 2030s. In an interview with Bloomberg News, Adani emphasised the importance of a well-planned succession for business sustainability. He stated, "Succession is very, very important for business sustainability. Where Tim Walz Stands on the Issues During his re-election campaign for governor in 2022, he said that he wanted electric vehicles to account for 20 percent of cars on Minnesota roads by 2030, and that he wanted the state to reach ... Violent, racist attacks have gripped several British cities. What ... Riots have swept Britain over recent days, and more outbreaks of anti-immigrant violence are feared this week, leaving the new UK government scrambling to control the worst disorder in more than a ... How the Harris Surge Scrambled Trump's Battle Plan At an event for the National Association of Black Journalists last week, Trump questioned whether Harris - whose mother was born in India and whose father was born in Jamaica - was actually Black. Indian Billionaire Plans to Challenge China's ... An Indian billionaire has an audacious plan to take down part of China's economic master plan Hannah Abraham 2024-08-06T12:07:36Z Vedanta Is Said to Put $2.5 Billion Steel Business Sale on Hold Vedanta Ltd. has put a plan to sell its steel business on hold after a $1 billion share sale gave the company more breathing room with its finances, and as environmental and regulatory concerns ... assignment essay homework paper phd report resume review speech thesis