INR

Zoomcar Partners with ACKO Drive; Empowers Local Hosts to Increase Car Fleet on its Car-Sharing Marketplace Platform

Retrieved on: 
Wednesday, March 27, 2024

BENGALURU, India, March 27, 2024 (GLOBE NEWSWIRE) -- Zoomcar Holdings, Inc. (“Zoomcar” or the “Company”) (Nasdaq: ZCAR), the NASDAQ-listed leading marketplace for self-drive car sharing, has partnered with ACKO Drive, a car buying platform by ACKO, to empower local Zoomcar Hosts to expand their car fleet.

Key Points: 
  • BENGALURU, India, March 27, 2024 (GLOBE NEWSWIRE) -- Zoomcar Holdings, Inc. (“Zoomcar” or the “Company”) (Nasdaq: ZCAR), the NASDAQ-listed leading marketplace for self-drive car sharing, has partnered with ACKO Drive, a car buying platform by ACKO, to empower local Zoomcar Hosts to expand their car fleet.
  • With this partnership, ACKO Drive is offering Zoomcar Hosts substantial savings of up to INR 85,000 on new car purchases along with attractive offers on car financing with instant loan approval, express car delivery and more.
  • Zoomcar Hosts earned approximately $4 million according to Zoomcar’s Q3 2023 results , and are focused on making car hosting just as popular as car renting.
  • Through this collaboration, ACKO Drive will facilitate easier access to Zoomcar Hosts by extending exclusive offers, which will further enable them to increase their earnings potential from car sharing.

Asia Pacific Loyalty Programs Market Intelligence and Future Growth Dynamics 2024-2028: Adoption of Loyalty Programs is Growing at an Accelerated Pace and the Trend is Projected to Continue - ResearchAndMarkets.com

Retrieved on: 
Wednesday, March 20, 2024

The loyalty program industry is poised for accelerated growth over the medium term in Asia Pacific region.

Key Points: 
  • The loyalty program industry is poised for accelerated growth over the medium term in Asia Pacific region.
  • From India to Australia and Japan, the adoption of loyalty programs is growing at an accelerated pace and the trend is projected to continue further over the next three to four years.
  • In India, too, new age startups are recording strong growth after revamping their loyalty programs to meet consumer demands.
  • Overall, the publisher maintains a positive growth outlook for the loyalty programs industry in Asia Pacific region over the next three to four years.

Indian Pan Masala Market Forecast: Growth, Trends and Regional Insights 2024-2032 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, March 20, 2024

The "Pan Masala Market in India Report by Type (Pan Masala with Tobacco, Plain Pan Masala, Flavored Pan Masala, and Others), Price (Premium, Non-Premium), Packaging (Pouch, Cans, and Others), and State 2024-2032" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Pan Masala Market in India Report by Type (Pan Masala with Tobacco, Plain Pan Masala, Flavored Pan Masala, and Others), Price (Premium, Non-Premium), Packaging (Pouch, Cans, and Others), and State 2024-2032" report has been added to ResearchAndMarkets.com's offering.
  • Indian consumers' affinity towards pan masala continues to thrive due to its embedded position in social and cultural practices.
  • With a regional breakdown, Uttar Pradesh stands out as a stronghold in the pan masala arena, boasting the largest market share.
  • These strategies aim to capture diverse consumer preferences and establish a stronghold in the pan masala market landscape.

Indian Honey Market Set to Reach INR 48.6 Billion by 2032 Amidst Rising Health Consciousness and Government Initiatives - ResearchAndMarkets.com

Retrieved on: 
Wednesday, March 20, 2024

The "Indian Honey Market Report by Flavor, Seasonality, Distribution Channel, and State 2024-2032" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Indian Honey Market Report by Flavor, Seasonality, Distribution Channel, and State 2024-2032" report has been added to ResearchAndMarkets.com's offering.
  • The Indian honey market has experienced a significant surge, reaching a valuation of INR 25.2 billion in 2023.
  • These robust growth metrics affirm India's stature as a prominent player in the global honey market.
  • Honing in on geographical nuances, Maharashtra emerges as the forefront state, contributing significantly to India's honey market share.

India Metals & Mining Industry Analysis Report 2024 Featuring Vedanta, Coal India Ltd, Hindalco Industries, National Aluminium Co, and Hindustan Zinc - ResearchAndMarkets.com

Retrieved on: 
Tuesday, March 19, 2024

The "Metals & Mining Industry in India, 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Metals & Mining Industry in India, 2024" report has been added to ResearchAndMarkets.com's offering.
  • The expansion of sectors like construction, automotive, and electronics is intricately linked to the increasing demand for metals.
  • As India advances in its economic development, the metal and mining industry plays a crucial role in meeting these demands and driving industrial progress.
  • Essential requirements include iron ore for steel production, bauxite and alumina for the aluminium industry, copper for electrical applications, and coal for energy generation.

India Water Treatment Chemicals Industry Report 2024: Stringent Environmental Regulations and Increased Awareness Boosts Sector Growth - ResearchAndMarkets.com

Retrieved on: 
Friday, March 15, 2024

The water treatment chemicals sector involves manufacturing and supplying a wide range of chemical products for treating and purifying water in diverse applications.

Key Points: 
  • The water treatment chemicals sector involves manufacturing and supplying a wide range of chemical products for treating and purifying water in diverse applications.
  • These chemicals are utilized in municipal water treatment, industrial processes, wastewater treatment, and other sectors to improve water quality, ensure its safety for consumption, and mitigate environmental impacts.
  • Stringent environmental regulations and increased industry awareness are anticipated to drive significant growth in the wastewater treatment chemicals market.
  • Increasing power plants, coupled with a focus on operational efficiency, drive the demand for water treatment chemicals to optimize cooling and boiler feedwater treatment.

Global Embedded Finance Market Intelligence Service 2024 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, March 12, 2024

The "Global Embedded Finance Market Intelligence Databook Subscription - Q1 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Embedded Finance Market Intelligence Databook Subscription - Q1 2024" report has been added to ResearchAndMarkets.com's offering.
  • Global Embedded Finance is expected to grow by 47.8% on annual basis to reach US$8,570.1 million in 2023.
  • The embedded finance industry is expected to grow steadily over the forecast period, recording a CAGR of 32.9% during 2023-2029.
  • Globally, investment in the embedded finance sector has surged significantly as both fintech firms and banking institutions seek to capitalize on the growing shift toward embedded financial offerings.

India Lithium-Ion Battery Market 2024: Demand Soars Across Diverse Industries - Forecasts to 2028 - ResearchAndMarkets.com

Retrieved on: 
Monday, March 11, 2024

The "Lithium-Ion Battery Market in India, 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Lithium-Ion Battery Market in India, 2024" report has been added to ResearchAndMarkets.com's offering.
  • The rapid increase in the adoption of electric vehicles (EVs) in India is expected, driven by the nation's escalating demand for clean energy.
  • The government aims to achieve a 30% electric vehicle adoption target by 2030, primarily focusing on electrifying two-wheelers, three-wheelers, and commercial vehicles.
  • India has launched the Li-Rack battery, representing a significant advancement in battery technology.

Affordability, customisation and convenience: Term plans from India become more attractive and accessible for NRIs

Retrieved on: 
Friday, March 29, 2024

SINGAPORE, March 30, 2024 /PRNewswire/ -- Policybazaar, India's leading online insurance marketplace, is witnessing a significant increase in non-resident Indians (NRIs) choosing term insurance from India via its platform. This surge is driven by the unparalleled ease, affordability and accessibility offered by the Indian insurance market. While several factors contribute to the growing interest in term insurance in India, affordability and convenience stand out as primary reasons. The demand among the 18-60 age group has seen an impressive 130% year-on-year growth, with India emerging as the preferred choice for NRIs.

Key Points: 
  • NRIs are also eligible for 18% GST exemption* upon purchasing term insurance plans from India when paying via their NRE accounts.
  • This attractive pricing, along with the availability of longer-term plans, has led to a rise in demand among NRIs, especially from Gulf nations, where 65% of term insurance buyers hail from, with the UAE alone contributing 35%.
  • The accessibility of these plans is further enhanced through seamless processing for NRIs, whose average annual income exceeds INR 35 lakhs.
  • NRIs can also leverage Policybazaar's search and comparison engine to browse the best suitable plans as per their needs and preferences.

Term insurance from India emerges as preferred choice for NRIs seeking customization and convenience

Retrieved on: 
Friday, March 29, 2024

NEW YORK, March 29, 2024 /PRNewswire/ -- Policybazaar , India's leading online insurance marketplace, is witnessing a significant increase in non-resident Indians (NRIs) choosing term insurance from India via its platform.

Key Points: 
  • NEW YORK, March 29, 2024 /PRNewswire/ -- Policybazaar , India's leading online insurance marketplace, is witnessing a significant increase in non-resident Indians (NRIs) choosing term insurance from India via its platform.
  • While several factors contribute to the growing interest in term insurance in India, large covers with longer coverage stand out as primary reasons.
  • It is heartening to see NRIs realising the importance of securing their dependents' future and choosing Indian term insurance policies."
  • NRIs are also eligible for 18% GST exemption* upon purchasing term insurance plans from India, when paying via their NRE accounts.