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India has an Internet user base of about 690.0 million as of November 2023, about 40% of the population. [1] Despite being the second-largest user base in world, only behind China (1.079 billion, 48% of population), the penetration of e-commerce is low compared to markets like the United States (266 million, 84%), or France (54M, 81%), but is growing, adding around 6 million new entrants every ...
Retailing in India is one of the pillars of its economy and accounts for about 10 percent of its GDP. [1][2] The Indian retail market is estimated to be worth $1.3 trillion as of 2022. [3][4] India is one of the fastest growing retail markets in the world, with 1.4 billion people. [5][6] As of 2003, India's retailing industry was essentially ...
rai.net.in. Retailers Association of India (RAI) is an Indian retail trade association. A not-for-profit organization, it represents the rights of Indian retailers. [1] Its members include chain store retailers, independent retailers, e-commerce retailers and retail service providers across India. RAI is involved with retail advocacy, [2][3 ...
Financials as of March 31, 2024. [update] [4] Reliance Retail is an Indian retail company and a subsidiary of Reliance Industries. Founded in 2006, it is the largest retailer in India in terms of revenue. [5] Its retail outlets offer foods, groceries, apparel, footwear, toys, home improvement products, electronic goods, and farm implements and ...
Information Technology. Parent. Reliance Retail. Website. www.reliancedigital.in. Reliance Digital is an Indian consumer electronics retailer. It is a subsidiary of Reliance Retail, a wholly owned subsidiary of Reliance Industries. [2][3] Reliance Digital opened its first store on 24 April 2007 in Delhi. [4]
Unified Payments Interface, commonly referred to as UPI, is an Indian instant payment system as well as protocol developed by the National Payments Corporation of India (NPCI) in 2016. The interface facilitates inter-bank peer-to-peer (P2P) and person-to-merchant (P2M) transactions. [1][2] It is used on mobile devices to instantly transfer ...
DMart. [1] Avenue Supermarts Limited, d/b/a DMart, is an Indian retail corporation that operates a chain of supermarkets and hypermarkets. The company was founded by Radhakishan Damani and is based in Mumbai. As of March 2024, DMart has 365 stores across 12 states and union territories in India. [1][2] In 2024, the company had a total of 13,971 ...
Website. www.croma.com. Infinti Retail Limited (d/b/a Cromā) is an Indian retail chain of consumer electronics and durable goods, it is a subsidiary of the Tata Digital. [3][4] Croma offers over 16,000 products across 550+ brands through its stores spread in numerous major cities of India. Croma has significantly increased its footprint with ...