Page 2 - Pushpa Bector News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Great India Retail Summit: This exclusive 2-day summit, a first of its kind, assembles the crème de la crème of India's rapidly growing retail industry. Aimed at boosting the collaboration between retail pioneers, policymakers, industry watchers, brand founders, MDs and CEOs, retail real estate developers, investors, technology innovators, and celebrity entrepreneurs, GIRS2024 promises to be an unparalleled showcase of the retail sector's dynamic landscape.

Demand for fashion and gadgets remained strong during the festive season, with a recovery of almost 130% of revenues compared to 2019.

India's demand for high-end, luxury imported chocolates is growing, and the year-end season is predicted to see a notable spike in demand. In 2023, the nation imported $27.84 million worth of chocolate, a 45% increase over the previous year. It is anticipated that more high-end foreign brands will enter the nation's market.

India Business News: The demand for luxury and premium imported chocolates is steadily growing in India, with the market expected to see a significant increase in the year

India attracts global consumer brands due to its young population and rising disposable income. Recent entrants include Brioni, Laderach, Nine West, Foot Locker, NARS Cosmetics, Pottery Barn Kids, Maje, and Sandro. Deloitte estimates India to become the third largest consumer market by 2030. Reliance Brands partners with international brands like Pottery Barn Kids, Balenciaga, and Pret A Manger. Bata India, Metro Brands, and Nykaa Fashion are local partners for Nine West, Foot Locker, and NARS Cosmetics respectively. Indian companies benefit from adding international brands to their offerings.