Grocery is the largest consumer segment in India, estimated to be accounting over 60% of the country’s total retail market. India’s grocery retail market has been primarily dominated by neighborhood family-run Kirana stores, which make up 75%-78% of the total consumer goods sales. However, increased smartphone adoption, expanding internet penetration, heightened digital awareness, growing tech-savvy young population, and the
In today’s fast-paced world where no one ever stops, consumers strive for convenient solutions for every aspect of their lives. Drastic changes in consumer behavior have led to widespread retail disruption along the food industry value chain. Demand for pre-packaged ready-made meals, prepared meal kits, chilled and frozen dishes, and ready-made microwave meals has increased
Vehicular emissions have become a grave concern for political leaders around the globe to tackle climate change issues. Road transport accounts for 15% of the global carbon emissions, whereas aviation and shipping contribute only 11.6% and 10.6%, respectively. Cities worldwide are facing enormous problems of transport sustainability with increasing population. Consequently, shared mobility is considered
Cancer is one of the leading causes of death worldwide. In 2020, around 10 million people lost their lives to cancer, and the number is expected to rise to 29.5 million by 2040. Over the years, many conventional treatment approaches have been developed for cancer like chemotherapy, bone marrow transplant, radiation therapy, surgery, and more
By 2050, the global population is anticipated to reach approximately 10 billion, and the gap between the number of agricultural goods produced and the foods required is gradually increasing. Due to growing urbanization activities and extreme climatic degradation, land degradation results in lesser arable lands and water scarcity, leading to low crop production and constrained
The Union Budget 2022 proposes setting up a task force for promoting animation, visual effects, gaming, and comics (AVGC) to consolidate its position in the media and entertainment industry. The task force can help create around 2 million employment opportunities for youth. All the stakeholders in the task force can help recommend ways to build
The stoking fears of Russia invading Ukraine, escalated by the build-up of tens of thousands of Russian troops on Ukraine’s borders since the past month, have been realized. On February 21, Russia’s President, Vladimir Putin launched “peacekeeping military troops” into two breakaway Ukrainian regions and announced them as independent states, which has created havoc on
Around 100,000 Russian troops, backed by artillery, tanks, and air power, are entrenched on Ukraine’s border, expected to strike any moment. The possibility of a Russian invasion of Ukraine has spurred turmoil and created geopolitical tensions among world leaders. As the tension between the two countries is escalating, US and European allies are on high
Ever since the pandemic erupted in 2020 and put the world to a halt, almost every industry has started experiencing grave microchips shortage. An unprecedented spike in demand for consumer electronics owing to the shift to remote working and distance learning during the pandemic led to a huge demand for microchips. Once the global recovery
The next big thing is here, and it is metaverse. Ever since Facebook founder Mark Zuckerberg announced that he was branding the social media platform as Meta and refocusing on its future development, tech investors and enthusiasts started pondering over the prospect of fiction becoming a reality. According to Bloomberg Intelligence, the metaverse is anticipated to reach USD800
