
One of the company spokespeople commented on the matters of bank facilities. Tata UniStore, who is the owner and operator of Tata Cliq, which started in May 2016, reported sales of INR 12 Cr in the years 2016-17 and downfall of Rs 162 crore, as per the latest data from Tata Sons financial records with the Registrar of Companies. Recently Tata Cliq availed many split ACs, smart television sets as well as smartphones at considerably low prices than their similar rivals models on the competing platforms. Consumer electronics and other related white goods manufacturers have a fear that if the strategy of Tata Cliq continues, it may end in another online price war that will peak by Diwali season. Various renowned personnel from the Indian e-commerce markets mentioned that Tata Cliq and other marketplaces are saddled with unsold products because sales after Diwali last year had either plunged or …






