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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Boiler blast at Vedanta plant in Chhattisgarh kills 11, injures 22 Madhya Pradesh CM says basmati rice from the State is exported to 47 nations IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Sify data centre arm IPO on track and will be timed with market conditions, says CFO BALCO deploys AI humanoid agent for real-time training, operations and safety Funskool clocks $40 million revenue in FY26, despite tariff headwinds Val-Met Engineering secures ₹200 crore funding from Nuvama Crossover Opportunities Funds BEML secures $36.38 million export order from West Asia region Chitale Bandhu Mithaiwale to inaugurate new production facility near Pune NCLT allows personal guarantee case against Videocon promoter Dhoot No immediate impact of US blocking Iranian vessels on India’s crude cargoes Indian spacetech startups shift gears from R&D to scalable manufacturing Protest by factory workers in Noida, Faridabad turns violent Sharon Pais takes over as Head of Myntra Nadir Godrej to retire as chairperson, Pirojsha Godrej named successor APAC emerges as growth engine amid data sovereignty push: IBM’s Hans Dekkers Unicharm India expands Diabetes Care portfolio Sarovar Hotels sees traction in tier II cities, pilgrimage towns Motherson Sumi Wiring says no impact on operations amid Noida labour protests Aster DM Healthcare invests ₹96 cr to expand Aster Whitefield by 159 beds Ola Electric launches S1 X+ 5.2 kWh with 4680 Bharat Cells India’s active LED display market hits ₹2,000 crore China’s TCL is said to consider stake sale in India TV business Strengthening R&D, investment key for Indian drugmakers to lead globally: Nadda Piper Serica deploys ₹210 crore in 33 start-ups; to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting GE Aerospace scales AI from pilots to production; India anchors global capability Juno Joule Bio Fuels begins construction of compressed bio-gas project in Telangana Mcap of 8 of top-10 most valued firms jumps ₹4.13 lakh cr; HDFC, ICICI Bank top gainers Coal India absorbs cost surge to shield consumers from price spike Shell steps up LNG supplies to India, wins major fertiliser tenders after Gulf disruptions Luxury carmakers hope West Asia ceasefire will lift consumer sentiment Pharma and healthcare companies to face continued margin pressure: HDFC Securities Maruti Suzuki to launch 4 EVs by 2031 India Inc flags surge in cost of packaging raw material, seeks relief measures Orbicular gets USFDA’s tentative nod for generic Semaglutide Injection in partnership with Apotex Reliance seeks government approval to buy Iranian crude oil IPL 2026: Ad volume witness marginal dip in first 13 matches West Asia Crisis: Induction cooking may consume 13-27 GW power Tractor sales cross 10 lakh mark in FY26 on strong rural demand, GST cut India to continue buying Russian crude oil India comfortable on crude and LPG supply on diversified sourcing, says IOC chairman Vingroup plans 60,000 EV fleet as part of $6.5 billion Maharashtra push TVS Srichakra assumes US sponsorship rights to boost global brand visibility Vedanta Aluminium signs pact with two downstream companies Shapoorji Pallonji group reiterates call for public listing of Tata Sons THINK Gas launches GIS platform for instant PNG availability check, faster connections Swiggy co-founder Nandan Reddy to exit; 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India’s online shopping sees higher spends, orders in Jan-May period: Report
BL New Delhi Bureau · 2026-06-22 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

India’s e-commerce market is not just witnessing higher number of orders, but also growing number of spends. Continuing with strong growth momentum, online order growth was pegged at 16 per cent year-on-year and Gross Merchandise Value (GMV) grew by 18 per cent in the first five months of 2026, as per an analysis by Admitad, a partner marketing platform.

“The Average Order Value increased from $32 to $35. Moreover, there was a rise in the number of purchases made via mobile phones from 45 per cent to 49 per cent. Hence, almost half of all the orders on Indian online stores are made via a mobile phone,” it aded.

More than 71 per cent of all transactions in India were done through marketplaces, indicating the growing significance of multi-seller marketplaces as the favoured platform of choice for consumers. In terms of categories, fashion led the online orders with a share of 24 per cent, followed by home goods at 21 per cent and electronics at 16 per cent. Meanwhile, beauty & self-care and toys & hobbies accounted for 7 per cent, automobiles, parts & accessories 5 per cent and sports & entertainment’s share was about 4 per cent.

While travel category has been gaining ground in terms of online shopping, the online services sub-category, including online education, ticket services, mobile services and many others, accounted for more than 7 per cent of the total purchases during this time period.

“Three sectors have been the most successful so far in the first five months of 2026 in terms of year-over-year gains. The biggest increase was observed in mobile services, where sales rose by 35 per cent because of the increasing usage of smartphones and growing number of Indians who use mobile-first internet access. Furniture and home furnishings increased by 19 per cent, while online sales of electronics grew by 18 per cent,” a statement from Admitad added.

Online articles, videos, reviews and even comparative analysis accounted for more than 20 per cent of the total online purchases. Over 11 per cent of customers were made their buying decisions after being influenced by content creators or social media communities.

“Affiliate stores, which are websites that aggregate products and deals into curated feeds for shoppers, attracted 22 per cent of customers, making them one of the single most influential points of conversion in the purchase journey,” it added.

Published on June 22, 2026