India’s retail sector to grow to $1.3 trillion by 2020: Anarock Report

Reading Time: 2 minutes Post Views: 2,192 India’s retail sector is projected to grow to $1.3 trillion by 2020 from the level of $672 billion in 2017, Anarock Retail report on India’s offline and online retail market stated. “India’s retail sector is on a faster roll than ever before and the boosters acting on the retail sector are rapid urbanisation and digitisation, rising disposable incomes and lifestyle changes, particularly that of the middle-class,” explained Anuj Kejriwal, Managing Director and CEO, Anarock Retail. Anarock retail in its study about online retail said space will jump…

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Indian sports sponsorship industry crosses $1 billion mark, grows 14% in 2017: Report

Reading Time: 3 minutes Post Views: 2,349 Indian sports sponsorship has witnessed a growth trajectory with the overall sports sponsorship growing by 14 percent in 2017 to Rs 7,300 crore from Rs 6,400 crore in 2016, led by media investments According to a report released by ESP Properties, media spends on sports grew by 15.8 per cent from Rs 3,511 crore to Rs 4,065 crore. Football showed a significant 64 percent increase in on ground sponsorship to Rs 179 crore from Rs 110 crore. According to the fifth edition of ESP Properties (a GroupM…

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