CustomerInfluence is Driving CorporateSustainability—Are Businesses Ready? 🇮🇳🌍🛍️
What if every dollar (or rupee!) you spent was a vote for the future you wanted?
Consumers are no longer just buying products—they’re reshaping industries. In India, 85% of urban shoppers now prefer eco-friendly brands (Nielsen, 2024), pushing businesses to align with sustainability or risk losing relevance.
📢 WhichIndustries Are Most Affected by Customer Demand for Sustainability?
🚗 Automobile & Mobility
✔️ India’s EV market grew 48% YoY as consumers shift to greener transport (SIAM, 2024).
✔️ Tata Motors leads India’s EV sector with a 74% market share, while global automakers scramble to meet demand (Economic Times, 2024).
✔️ Uber & Ola face pressure to electrify fleets, with government mandates accelerating the shift.
🛍️ Retail & Fashion
✔️ Fast fashion faces a reckoning: 73% of Gen Z in India prefer sustainable brands (Deloitte, 2024).
✔️ H&M & Zara under fire for greenwashing, while local sustainable brands like FabIndia & B Label are thriving.
✔️ Shein & Flipkart Fashion have faced sustainability backlash, yet mass-market appeal keeps them afloat.
🥤 Food & Beverage
✔️ 70% of Indian consumers prefer eco-friendly packaging, pushing brands to reduce plastic use (Mint, 2024).
✔️ Nestlé & PepsiCo face bans on single-use plastics, while Amul & Mother Dairy work on sustainable dairy farming.
✔️ Plant-based meat & dairy alternatives are gaining ground, with a 32% YoY growth in demand (FICCI, 2024).
🏡 RealEstate & Construction
✔️ Green buildings account for 7% of new constructions in India, but demand for sustainable housing is rising (JLL India, 2024).
✔️ Godrej Properties & Mahindra Lifespaces are leading in green-certified real estate.
✔️ Builders failing on sustainability face regulatory & buyer scrutiny, pushing firms toward solar power & eco-friendly materials.
💄 Beauty & Personal Care
✔️ India’s natural beauty segment is growing 35% YoY, driven by demand for chemical-free, cruelty-free products (Statista, 2024).
✔️ Forest Essentials & Kama Ayurveda thrive, while L’Oréal & Unilever struggle with green claims scrutiny.
📊 KeyTakeaway: Consumers Hold the Power
📌 Customers could be the biggest force in driving corporate climate action.
📌 Brands should be transparent & proactive—greenwashing is no longer an option.
📌 The future would be shaped by companies prioritizing real impact over marketing.
👉 Do you factor sustainability into your purchasing decisions? Let’s discuss below! 👇
Originally published on LinkedIn on 2025-02-26 05:06:26: https://www.linkedin.com/feed/update/urn%3Ali%3AgroupPost%3A95089-7300380670919426049
NamasteIndia automaker Mahindra & Mahindra and China’s Shaanxi Automobile Group have agreed to set up a $3 billion joint venture to build a car manufacturing plant in India and are awaiting New Delhi’s approval.
Joint Venture: Mahindra & Mahindra (India) and Shaanxi Automobile Group (China)
Investment: $3 billion
Majority Stake: Mahindra & Mahindra
Location: Proposed in Gujarat, India
Focus: Manufacturing assembled cars, engines, and car batteries
Types of Vehicles: Electric vehicles (EVs), commercial vehicles, and passenger cars
Approval Status: Awaiting approval from New Delhi
Regulations: Subject to Indian government regulations on Chinese investments since 2020
This venture aims to boost India’s automotive industry and export capabilities, with a strong emphasis on electric and commercial vehicles.
Originally published on LinkedIn on 2024-08-09 20:16:34: https://www.linkedin.com/feed/update/urn%3Ali%3AgroupPost%3A2474261-7227769754013298688
