📉 The report by Counterpoint Research highlights a staggering 70% surge in online sales during festivals, a growth significantly influenced by major players like @Apple, @Samsung, and various Chinese OEMs are @motorolaindia@IndiaPOCO@IqooInd@realmenarzoIN@OnePlus_IN.
This is raising alarms for traditional retailers who find themselves struggling to compete amid this shift. With nearly 100% supplies and aggressive discounting tactics at play, the future looks bleak for our domestic retail sector.
An estimated 1 lakh shops (Chota Vyapari) are at risk of closure, directly affecting around 5,000 distributors and jeopardizing the livelihoods of approximately 50 lakh individuals who rely on these local businesses. Furthermore, investigations by the @CCI_India (Competition Commission of India) have uncovered troubling evidence of collusion between e-commerce platforms and OEMs, emphasizing the urgent need for regulatory scrutiny.
As we await decisive action from the CCI, it is imperative that the government implements stringent policies to safeguard our traditional retail sector. Without these measures, the dream of 'Atmanirbhar Bharat', championed by our Hon'ble Prime Minister @narendramodi ji, may remain a distant aspiration rather than a tangible reality.
Let’s advocate for our local retailers and urge for fair competition to ensure a thriving marketplace.
@AshwiniVaishnaw@PiyushGoyal@nsitharaman @praveendel @smritiirani@DPIITGoI@FinMinIndia@PiyushGoyalOffc@CAITIndia@adityakalra@PTI_News@LakhyaniKailash@OraIndia1
#EcommerceImpact #RetailCrisis #SupportLocal #CCIFacts #ConsumerAwareness #AtmanirbharBharat #RetailRevolution #ProtectLocalBusinesses #EconomicJustice
As the first wave of India’s #festive season sales (Sept 26 – Oct 7) wraps up, we’ve received several questions regarding the real market
@CounterPointTR team of analysts has been tracking the festive season daily and capturing some great insights.Key takeaways in this thread:
🌟 Exciting moments at the AIMRA Elevate Summit in New Delhi! Today, we witnessed the release of the CAIT & AIMRA White Paper on the CCI report regarding e-commerce's impact on the retail ecosystem, led by MP Shri @praveendel Khandelwal, AIMRA Founder Chairman @LakhyaniKailash, and General Secretary Navneet Pathak. A significant gathering of media and AIMRA leaders from across the nation!
#AIMRA #ecommerce #RetailEcosystem #Leadership #Innovation #WhitePaper
@smritiirani@PiyushGoyal@nsitharaman@PMOIndia@PTI_News
🌟 Exciting moments at the AIMRA Elevate Summit in New Delhi! Today, we witnessed the release of the CAIT & AIMRA White Paper on the CCI report regarding e-commerce's impact on the retail ecosystem, led by MP Shri @praveendel Khandelwal, AIMRA Founder Chairman @LakhyaniKailash, and General Secretary Navneet Pathak. A significant gathering of media and AIMRA leaders from across the nation!
#AIMRA #ecommerce #RetailEcosystem #Leadership #Innovation #WhitePaper
@smritiirani@PiyushGoyal@nsitharaman@PMOIndia@PTI_News
🌟 An extraordinary meeting of Team AIMRA today with Hon'ble Member of Parliament Shri @praveendel Khandelwal ji addressed the pressing challenges facing the retail market. AIMRA Chairman @LakhyaniKailash expressed gratitude for Mr. Khandelwal ji's enlightening insights and unwavering support for retailers across the nation. 🙏
We are collaborating closely to tackle the growing grey market, fight against exclusive deals and offers resulting from collusion, and demand the suspension of ecommerce festival sales alongside the cancellation of OEMs POCO, IQOO, and Motorola. Our collective efforts are vital in fostering a fair and transparent market for all retailers.
Together, we are stronger! 💪🇮🇳 #RetailRevolution #AIMRAForRetailers #UnitedWeStand #SupportLocal #RetailUnity #FairTrade #ConsumerRights
Let’s continue to advocate for a brighter future for the retail industry!
@PiyushGoyal@nsitharaman@smritiirani@BCBHARTIA@CCI_India
🎉 Exciting News! In just 10 days, we will be celebrating the 10th anniversary of AIMRA India! This milestone marks a decade of innovation, collaboration, and growth within our community.
As we reflect on our journey, we are grateful for the incredible support from our members, partners, and stakeholders. Together, we have achieved remarkable milestones and paved the way for future success. 🤝🌟
Join us in commemorating this special occasion as we look forward to the next chapter of excellence!📖🌟✨
#AIMRAIndia #AnniversaryCelebration #Milestone #Innovation #Community #Growth #TogetherWeGrow #AIMRATurns10 #CelebratingSuccess
Just had a productive meeting with Smt. @smritiirani ji, advisor of @CAITIndia, and national leadership of CAIT discussing challenges faced by mobile retailers in India due to unethical business practices of e-commerce companies & OEMs . Grateful for the valuable insights shared. Excited to work on solutions with CAIT India under the leadership of Shri @praveendel Secretary General & Hon'ble Member of Parliament . #Retailers #Ecommerce #Collaboration 🤝 #AIMRA #CAIT #India @LakhyaniKailash #MobileRetailers #BusinessChallenges #EcommerceImpact #FairBusinessPractices #SupportLocalRetailers.
@SamsungIndia's treatment of #Mainline (Offline) retailers is not mutually beneficial. Despite their aggressive tactics, they are losing ground, employees, and promoters. Their unethical practices like undeclared exports are causing their market share in India to dwindle to a mere 13-15%. Their non-competitive products in the 10K to 40K range, inconsistent offers, and complex policies are alienating retailers and customers alike. With no changes in their business approach for over a decade, Samsung India risks fading into obscurity in the retail market. #Retailers in #Maharashtra and other states are planning protests against the brand for their lack of responsiveness and support. It's time for Samsung India to address the concerns of retailers and implement policies that are more retailer-friendly. #SamsungIndia #RetailersProtest #UnethicalPractices 😡 #RetailerConcerns #CustomerSatisfaction #MarketShareLoss.
@SamsungMobile@Samsung@rajupullan@DPIITGoI
@SamsungIndia ब्रांड्स द्वारा हम रिटेलर्स के साथ हो रहे सौतेले व्यवहार मे हम @AimraIndia बिहार टीम बिहार अध्यक्ष श्री @NavneetKedia5 जी के नेतृत्व में @AimraIndia महाराष्ट्र अध्यक्ष श्री @ajitjagtap_15 जी के साथ है मैं निवेदन करूँगा बाकी स्टेट भी अपना सहमति दें