Abstract:
India's retail sector is going to transform and with a three-year compounded annual growth rate of 46.64 per cent, retail sector is the fastest growing sector in the Indian economy. The revolution in retailing industry has brought many Indian as well as foreign players. Indian market has potential to accommodate many retail players, because a small proportion of the pie is organized.
KSA-Technopak, a retail consulting and research agency, predicts that by 2010, organized retailing in India will cross the US$ 21.5-billion mark from the current size of US$ 7.5 billion.
The Indian retail market is of enormous size about US$ 350 billion. The opportunity for growth is huge—by 2010, organized retail is expected to grow to US$ 22 billion and the incredible growth can be seen in the real estate sector and the expectations to grow world wide. Organized retailers are waved with an effective supply chain management. Large format retailers find it difficult in getting......
Join Now or Login to view the rest of this paper.
Approximate Word Count: 1010
Approximate Pages: 4 (260 words per double-spaced page) |