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A closeout or clearance sale (closing down sale in the United Kingdom) is a discount sale of inventory either by retail or wholesale. It may be that a product is not selling well, or that the retailer is closing because of relocation, a fire (a fire sale), over-ordering, or especially because of bankruptcy.
Stock clearance, also known as inventory clearance, refers to the sale of remaining merchandise or goods at significantly reduced prices to clear out old or overstocked inventory, making room for new products.
Vijay Sales has more than 5,000 Products to choose from and is located in prime locations [citation needed] all across India and has 33 stores in Mumbai, 14 stores in Pune, 19 stores in Gujarat, 18 stores in Delhi, 5 stores in Haryana, 4 stores in Uttar Pradesh, 8 stores in Andhra Pradesh, and 19 stores in Telangana. The electronics retail ...
Domestic tariff area. Domestic Tariff Area ( DTA) or Domestic Tariff Zone (DTZ) means an area within India that is outside the Special Economic Zones and EOU/EHTP/STP/BTP. [1] The units operating under certain specific schemes such as EPZ /SEZ/EOU are expected to carry out their activities within a customs bonded area.
Slum clearance in India is used as an urban renewal approach to redevelop and transform poor and low income settlements into new developments or housing. Millions of people live in slum dwellings across India and many migrate to live in the slums from rural villages, often in search of work opportunities. Houses are typically built by the slum ...
Retailing in India is one of the pillars of its economy and accounts for about 10 percent of its GDP. The Indian retail market is estimated to be worth $1.3 trillion as of 2022. India is one of the fastest growing retail markets in the world, with 1.4 billion people.
As of 2023, India is the 3rd largest automobile market in the world in terms of sales. [4] As of April 2022 [update] , India 's auto industry is worth more than US$100 billion and accounts for 8% of the country's total exports and 7.1% of India's GDP. [5]
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On 30 January 2015, in an Offer For Sale (OFS), Government of India sold a further 10% stake in CIL. Priced at ₹ 358 (equivalent to ₹ 540 or US$6.80 in 2023) per share, the sale fetched the government ₹ 22,557.63 crore (US$2.8 billion), making it the largest ever equity offering in the Indian share market. [27]
India has an Internet user base of about 690.0 million as of November 2023, about 40% of the population. Despite being the second-largest user base in world, only behind China (1.079 billion, 48% of population), the penetration of e-commerce is low compared to markets like the United States (266 million, 84%), or France (54M, 81%), but is growing, adding around 6 million new entrants every month.