The magic number that Vodafone Idea, Airtel and Jio are chasing is 50% market share
Zomato just took the lead in drone delivery in India
Zomato just announced a successful test delivery using drones in India. During the test, Zomato’s drone over 5 kilometers in 10 minutes reaching a maximum speed of 80 kmph while carrying 5 kilograms of weight.
The CEO of Zomato, Deepinder Goyal, explains that this is the next phase of food delivery. He explains, “The only possible way to reduce the average 30.5 minutes to 15 minutes is to take the aerial route.”
Why you should care:
The Indian government is already working on bringing about a drone policy that may make open up the skies in India to commercial players. As regulatory hurdles are being discussed, it’s possible that, in the near future, doorstep food delivery might be carried out by unmanned aeiral vehicles rather than delivery boys.
Flipkart has cut down on made-in-China products, to focus on private labels
Flipkart, one of India’s biggest e-commerce companies and Amazon’s primary competitor in the Indian market, has shifted half of its manufacturing from China to various places in India.
Flipkart’s own labels — like MarQ, Perfect Homes and Billion — is looking to source its raw materials from within India.
Why you should care:
Amazon has been dominating the Indian market with its smart speakers, the Echo series, which feature the digital assistant Alexa. Flipkart, on the other hand, is still trying to popularise its private labels. Sourcing from India itself may give Flipkart an edge against Amazon as well as Mukesh Ambani’s Reliance Retail that plans to launch its own online ecommerce platform by the end of the year.