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Godrej Interio to Launch E-commerce Platform in 2017

14Sep By PriyankaNo Comments

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Godrej Interio to Launch E-commerce Platform in 2017

Furniture brand Godrej Interio would unveil its own e-commerce platform in India by April 2017 to help customers make choice from a wide range of products. Godrej Interio, which has entered into a tie-up with Mebelkart, Pepperfry, and Flipkart to serve online customers in the country, has done a three-year-long survey and prepared a roadmap for the purpose, Assistant Vice President, Integrated Marketing Godrej Interio Bedraj Tripathy said today. "We will have our e-commerce from next April. Though its a very small part of our business, we will soon come up with it," Tripathy said. However, venturing into e-commerce would have no channels-conflicts, the official said. "It will be an advantage for the customers. But we have planned it in such a manner that it does not affect our chan...

Tatas Tech Arm GTIO Will Commercially Launch 4 Products in Next 2yrs

Tata Sons Group Technology and Innovation Office (GTIO) will roll out four high-tech products in the next two years. GTIO is working on four specific products -- a smartwatch for industrial workers being tested on Tata Steels workforce, a drone-based pesticide spraying system, a factory and fleet analytics system, and an advanced material called graphene. "All the projects that we undertake will take three to five years from start to finish... You will see a rollout in the next two years," Tata Sons Group Technology Officer Gopichand Katragadda said. The salt-to-software conglomerate is the biggest spender on research and development among the large companies in the country. Last year, GTIO had spent 2.7 per cent of its USD 110 billion revenue on R&D and innovation. The incuba...

Reliance Jio Launch Delay Frustrating Investors: Citi Group Report

IANS- The excessive delay in Reliance Jio's commercial launch is frustrating investors, a Citi Group report said. "The ensuing delay could be testing investors' patience. It raises concerns of Jio further eroding its first mover advantage. The capital expenditure targets also continue to go up," the report said. The delay is expected to be on the account of the company's chase for "perfection", it said. "RIL (Reliance Industries Ltd) is leaving no stone unturned in ensuring Jio does not over-promise and under-deliver. The company now plans to fully integrate Reliance Communication's 800 MHz spectrum before the Jio launch (making it the only player with sub-1GHz pan-India LTE spectrum," the report said. "It (RIL) also plans to increase the coverage to 90 per cent (from 70 per ce...