Amazon Scouting For An Off-Line Partner In India
Legal Era|August 2018

While fears of a retail invasion by the two giants, Walmart and Amazon, continue to haunt domestic retailers in India, the probable merger of Japan’s SoftBank and China’s Alibaba, giving rise to a third player, has given a ray of hope to small retailers in the online space at least

Amazon Scouting For An Off-Line Partner In India

It is undisputed that India is a growing consumer economy. To quote statistics, the organized retail penetration is still at a nascent stage at 7–8%, but it is growing at a frenetic pace of 20–25% annual CAGR (compounded annual growth rate) as per the reports of Indian Brand and Equity Foundation. The Indian retail market continues to attract foreign direct investment (FDI) at an annual growth rate of 35%.

The growth of modern trade retail stores in India has seen an uptick in the last 15 years. Simultaneously, mushrooming retailers in the e-commerce space have taken consumerism to the nook and corner of India.

Increased affordability of smartphones, change in working habits owing to a demographic transition, and faster and cheaper mobile data have resulted in deeper Internet penetration in rural, urban, as well as adjoining areas within a radius of 300 kilometers of each Tier-I, Tier-II, and Tier-III cities (rurban) of India. Internet access propelled an exponential growth in multi-brand e-commerce, making it more accessible and inclusive. In addition, the Government of India’s initiatives such as Digital India, Make in India, Start-up India, and Innovation Fund are all acting as catalysts for the growth of e-commerce in India.

In the present Union Budget, USD 1.24 billion has been allocated to the BharatNet project, which promises to take broadband services to 150,000 gram panchayats. The increased digital inclusion of rural India will certainly trigger a progressive expansion of e-tailing in India. Unprecedented investments and lateral acquisitions have introduced stiff competition in the e-commerce space, particularly in marketplace models.

Denne historien er fra August 2018-utgaven av Legal Era.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra August 2018-utgaven av Legal Era.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA LEGAL ERASe alt
If You Think Positive Covid Is A Big Opportunity
Legal Era

If You Think Positive Covid Is A Big Opportunity

Senior Vice President and Head of Legal, ESSAR CAPITAL, Badrinath Durvasula, holds forth on his professional journey, the essence of leadership, working from home, books and more…

time-read
10+ mins  |
December 2020
PROJECT DEVELOPMENT
Legal Era

PROJECT DEVELOPMENT

JOINT VENTURE TRANSACTIONS

time-read
10+ mins  |
December 2020
NEW ARBITRATION RULES
Legal Era

NEW ARBITRATION RULES

PUBLISHED BY THE LONDON COURT OF INTERNATIONAL ARBITRATION (LCIA) AND INTERNATIONAL CHAMBER OF COMMERCE (ICC)

time-read
6 mins  |
December 2020
M&A in the time of COVID and beyond
Legal Era

M&A in the time of COVID and beyond

What is clear for those engaging in cross-border M&A is that countries around the world are becoming increasingly protective of their economies and industries, with new rules being introduced and existing rules being more widely applied

time-read
6 mins  |
December 2020
SWITZERLAND A DIFFERENTIATED APPROACH TO FRAUD
Legal Era

SWITZERLAND A DIFFERENTIATED APPROACH TO FRAUD

Swiss law interprets the offense of fraud in a special way where in addition to the characteristics of deception and damage as known in many jurisdictions, a qualified lie, i.e. a malicious approach, is required

time-read
5 mins  |
December 2020
JOINT VENTURE DISPUTES MEDIATING
Legal Era

JOINT VENTURE DISPUTES MEDIATING

Mediation has shown itself to be a powerful tool for bringing a speedy and effective end to crossborder disputes while preserving the commercial relationship between them.

time-read
7 mins  |
December 2020
Recognition of HONG KONG INSOLVENCY PROCEEDINGS IN MAINLAND CHINA
Legal Era

Recognition of HONG KONG INSOLVENCY PROCEEDINGS IN MAINLAND CHINA

A TEST CASE IN THE MAKING?

time-read
8 mins  |
December 2020
CONFIDENTIALITY IN ARBITRATION: RECENT DEVELOPMENTS IN SINGAPORE
Legal Era

CONFIDENTIALITY IN ARBITRATION: RECENT DEVELOPMENTS IN SINGAPORE

Two recent developments in Singapore case law and legislation reflect a willingness to preserve confidentiality related obligations in all arbitrations

time-read
5 mins  |
December 2020
ESSENTIAL GOODS SERVICES UNDER IBC
Legal Era

ESSENTIAL GOODS SERVICES UNDER IBC

WHAT DOES IT ESSENTIALLY MEAN?

time-read
6 mins  |
December 2020
A BIDEN ADMINISTRATION'S NEW VISION FOR THE AMERICAN WORKPLACE
Legal Era

A BIDEN ADMINISTRATION'S NEW VISION FOR THE AMERICAN WORKPLACE

A LOOK AT THE KEY CHANGES PRESIDENT-ELECT BIDEN IS LIKELY TO MAKE ONCE HE TAKES OFFICE

time-read
7 mins  |
December 2020