Industry News

Tata CLiQ Launches Tata CLiQ Luxury E-commerce Platform

India: Tata Group has launched a luxury & premium fashion and lifestyle destination through its ecommerce platform Tata CLiQ Luxury. The ecommerce platform, will house a wide range of accessories and apparel for men & women from luxury brands including Armani Jeans, Hugo Boss, Furla, Coach, Tumi, G-Star, EA-UG and Michael Kors. In addition, Tata CLiQ will provide access to the authentic merchandise directly from top international luxury brands to their customers.

According to TechSci Research, the access to luxury brands is scarce in India due to the limited availability of premium retail real-estate. The launch of luxury platform, such as Tata CLiQ would provide benefits to their consumers by helping them to provide a curated assortment of the best luxury brands with the most authentic brand experience. The company is delivering the products across 6,000 pin codes across India which would help in enhancing its consumer base across the country.

According to a recent report published by TechSci Research, “India E-commerce Market Forecast & Opportunities, 2020”, the country’s e-commerce market is projected to grow at a CAGR of more than 36% during 2015-2020. E-services segment, which comprises online travel, online payments, online classifieds, etc., is expected to continue its domination through 2020. However, the e-tail segment that includes electronics, apparels & accessories, health and personal care, etc., is expected to witness significantly higher market growth compared to e-services segment over the next five years. During 2015-20, the western region is expected to remain the largest e-commerce market in the country. Major players operating in India’s e-tail market include Flipkart, Snapdeal and Amazon.