Digitisation will boost GDP growth by 50-75 basis points in the next decade and may lead India to become a $6-trillion economy, the third largest in the world, says a recent report by brokerage firm Morgan Stanley.
Discussions that dominated the Prime Source Forum (PSF) held in Hong Kong recently were economic environment in 2017, survival under global political frictions; and meeting the demands of ‘look now, buy now, wear now’.
Apparel exports from India are not picking up despite government support primarily because of strong rupee and depreciation of currencies of competing countries like China, Bangladesh and Vietnam, says the AEPC.
Asia is the most dynamic retail market in the world, according to A.T. Kearney's 2016 Global Retail Development Index. Four of the top five countries are Asian with China and India leading the world, driven by signifi...