Tier 2, 3 cities contributing over 40% to business in India: Foodpanda
New Delhi: Online food ordering and delivery platform Foodpanda India Tuesday said smaller cities and towns are now contributing over 40 per cent to the company’s business in the country. The company is also looking to double the number of on-board restaurant partners from the present 60,000 by January 2019, Foodpanda said in a statement. “We are thrilled about bringing the first online food experience for millions of customers in many of these tier 2 and 3 cities,” Foodpanda India CEO Pranay Jivrajka said. These markets are already contributing to over 40 per cent of the company's national business and we are confident that they will fuel a majority share of business in the near future, he added. “Cities like Jaipur, Lucknow, Bhavnagar, Rajahmundry, Bikaner, Ajmer, Jodhpur, Ujjain are some of our fastest growing markets today and we are thrilled to build superior food experiences for our customers in India’s 100 cities and beyond,” Jivrajka said.
One new model every 6 months: Kia
New Delhi: South Korean auto major Kia Motors will launch one model every six months once it starts selling vehicles in India from mid-2019 but is not considering the high-volume compact cars segment, a top company official said on Tuesday. The company, which has set a target to be among top five players in three years in India, is looking to position itself as a premium brand in the mass segment. “Yes, we are considering six models in three years, which is one model every six months,” Kia Motors India CEO and managing director Kookhyun Shim told PTI here. The company, however, is not considering the compact cars segment which accounts for about 70 per cent of the total Indian passenger vehicles (PV) segment that stood at around 3.3 million units in 2017-18.
Pulses and Oilseeds amounting to Rs 44,142 crore procured from farmers during 2014-15 to 2018-19
New Delhi: Farmers' Welfare tops the agenda of the Govt. In context of the objective of Doubling Farmers Income by 2022, the Govt. has striven to ensure a remunerative and stable price environment for farmers to increase the production and productivity. In this regard the Government has undertaken various interventions to boost the pulse and oilseeds production during last four and a half years to achieve the self-sufficiency in the country.
The country has reported production of 25.23 Million Tonnes of pulses during 2017-18 against production of 14.66 Million Tonnes in the year 2009-10, an increase of 72.10%. Similarly, the production of oilseeds has increased from 24.88 Million Tonnes to 31.3 Million Tonnes during the same period, registering an increase of 25.80%.