As India s wedding season approaches, millions of ceremonies are expected, offering a $51 billion boost to businesses. Despite economic challenges, increased spending on gold, clothing, and services is anticipated, with a projected 8%-11% growth in associated industries. Despite potential impacts from external factors like the Israel-Hamas war, the festive season is anticipated to contribute significantly to the economy.
Boat Smartwatches: What’s working for Noise is that despite the smartwatch market’s average selling price (ASP) dipping 45% in the second quarter to $25.6 from $46.6 in Q2 2022, the company’s premium portfolio is more in demand.
Udaan, which competes with Reliance Industries Ltd. and Walmart Inc.’s Flipkart in helping smaller merchants source their goods, will make an operating profit within 18 months, Chief Executive Officer Vaibhav Gupta said in an interview. That’s set to happen around the same time as its initial public offering, he said.