Wednesday, 18 May 2016

Tata to Launch Online Marketplace CliQ on May 27

Mumbai: Business conglomerate Tata Group has announced to introduce an e-commerce portal at the end of this month, on May 27, called CLiQ. Tata CLiQ will be launched and will remain a section of Tata Unistore, a new arm of the ‘salt to steel conglomerate’. CLiQ will initially focus on apparel, electronics and footwear.


Ashutosh Pandey, Chief Executive Officer, Tata CLiQ has officially announced about the ecommerce site. He said: “The 'Q' in the logo represents a magnifying glass - a visual representation of the brand's focus on curating only the best brands and products.”
Tata CLiQ, will be available to consumers from May 27 in all its official website, mobile site and mobile apps. CLiQ also had planned to expand itself with added categories, brands and other exciting features suitable to combat with other leading e-commerce portals like Flipkart and Snapdeal in the next few months. Tata’s online journey follows Reliance Industries’ online fashion retail platform Ajio, introduced last month by the group.
According to a Goldman Sachs report released on 2015, the Gross Domestic Product (GDP) in India by 2030 will account a growth of 2.5 percent. Over the last one decade, e-commerce is increasing in a faster rate than that of the offline marketplaces in India. The current size of the e-commerce market in India is now US $20 million depicts its growth prospect.  




No comments:

Post a Comment