In a pioneering move, myTVS, India's largest digital platform for the automotive aftermarket, on Wednesday announced entering quick commerce for distributing automotive parts and lubricants—myTVS Hypermart being the brand name—for passenger and commercial vehicles.
Deliveries, to retailers and other business partners, will be in one to two hours of getting orders.
"This model marks a milestone as we roll it out in a phased manner," said G Srinivasa Raghavan, managing director, myTVS.
Aiming to expand supply-chain partnerships with parts-retail networks, the platform, which connects manufacturers, retailers, and garages, has streamlined operations for 22,000 retailers and 30,000 garages nationwide.
Denne historien er fra December 19, 2024-utgaven av Business Standard.
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Denne historien er fra December 19, 2024-utgaven av Business Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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CRYING OVER SPILT MILK
From 6.62 in FY18, India’s milk production growth rate has fallen sharply to 3.78% in FY24
The art of leaving
Ravichandran Ashwin, the quintessential cricketing nerd who bamboozled batters through skill, guile, and acumen, stumped fans around the globe on Wednesday when he retired from international cricket with immediate effect at the end of the third Test of the Border-Gavaskar Trophy in Brisbane.
13 dead as Navy speedboat rams into ferry off Mumbai coast
Thirteen persons died and 99 others were rescued after a Navy craft crashed into a ferry off the Mumbai coast on Wednesday, the Navy said.
How senior living market is redefining retirement
With a growing population of India's well-to-do elderly choosing to live well and live free, businesses have spotted an opportunity. The first of a four-part series on the silver economy focuses on luxury housing projects developed with seniors in mind
TRAVEL INSURANCE FOR HOLIDAYERS Sum insured should depend on destination, trip duration, and age
This holiday season, Indian travellers are likely to flock to short-haul destinations.
New coat of opportunity for Berger and Indigo
Analysts see potential in select paint stocks amid entry of big players
Aluminium seen as outlier among metals; Hindalco better placed
Most industrial metals are expected to stay bearish at least in early 2025. However, aluminium could be an exception.
₹ hits fresh low of 84.96 against $
The rupee has depreciated further to close at a fresh low of 84.96 against the US dollar on Wednesday as foreign banks purchased dollars on behalf of their clients ahead of the outcome of the US Federal Reserve meeting, said dealers.
FPI selling ahead of Fed meet drags market down for 3rd day
Overseas investors pull out ₹8,000 crore this week
Bourses see three blockbuster debuts
Mobikwik up 90%; Vishal Mega Mart, Sai Life gain 40%
