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Organized Retail In India
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Book Synopsis Organized Retail in India by : Deepali Malhotra & V. K. Malhotra
Download or read book Organized Retail in India written by Deepali Malhotra & V. K. Malhotra and published by K.K. Publications.. This book was released on 2021-09-15 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: Organized retail in India is a decade or so old phenomenon. During the last ten or twelve years, it has progressed well. At the same time, it is facing many problems, challenges, difficulties some are general and others are India specific. The objective of this book is to analyze these problems and discuss future prospects of this sector in India. In addition to problems and prospects, some other important related aspects of organized retailing in India such as politics and organized retail, use of latest technology in organized retail, the impact of organized retail on the Indian economy and unorganized sector, foreign direct investment in organized retail, job and career opportunities in organized retail in India are also included in this work. Broadly, there are six categories of chapters. In the first political and technical category come two chapters that deal with some important and hitherto untouched aspects of organized retail in India such as politics and technology. In the second category are seven chapters on the growth of modern and organized retail in India, its changing faces, its impact on the Indian economy. The third category consists of two chapters that deal with the impact of organized retail on unorganized retail in India. The fourth category also has two chapters on Foreign Direct Investment (FDI) in the organized retail sector in India. Career and job opportunities are the theme of the next two chapters that come under the fifth category. In the sixth and last category are five chapters that explain problems and challenges faced by the organized retail and future prospects of this sector in India. Retailing or retail management is now found a place in the syllabi of MBA programs. Many universities and colleges have initiated new courses in retailing at different levels. Some have started separate and specialized MBA in Retail Management. Pass outs of these programs and courses are providing manpower and human resources to upcoming organized retail outlets like malls, hypermarkets, stores, etc. In other words, the organized retail sector is providing new job and career opportunities to young people. Retailing is emerging a useful and contemporary discipline in Commerce and Management faculties. But one finds a very limited number of books on the organized retail sector in India. The present compendium endeavors to fill this gap. It is hoped that this book will be very useful to the corporate sector involved in the emerging organized retail industry; executives, managers and employees of malls and stores; faculty of educational institutions involved in teaching and students of this new discipline.
Book Synopsis Retail Sector in India by : Ashish Kumar
Download or read book Retail Sector in India written by Ashish Kumar and published by Lulu.com. This book was released on with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis India's Organized Retail Market and Opportunity for Retail Player's by : Sunil Kumar Yadav
Download or read book India's Organized Retail Market and Opportunity for Retail Player's written by Sunil Kumar Yadav and published by LAP Lambert Academic Publishing. This book was released on 2013 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: According to Global Retail Development Index India is positioned as the leading destination for retail investment. This followed from the saturation in western retail markets and we find big western retailers like Wal-mart and Tesco entering into Indian market. India has the youngest population in the world, which is cornering the lion's share of new employment opportunities in the IT and service sectors, and fueling the demand for lifestyle product and services to dizzy heights. The domestic retail industry, the retail estate developers and the large corporate houses have taken note of it and so have the global retailers and brands. The Indian Government too is seized with the issue and efforts are on to devise a long-term strategy to boost the retailing sector. Organized Retail could well become a major driver of the economy in the years ahead. Rated the fifth most attractive emerging retail market, India is being seen as a potential goldmine. It has been ranked second in a Global Retail Development Index of 30 developing countries drawn up by AT Kearney. The list was developed as a response to requests from retail chains facing saturated demand in most western markets.
Book Synopsis India's Store Wars by : Geoff Hiscock
Download or read book India's Store Wars written by Geoff Hiscock and published by John Wiley & Sons. This book was released on 2012-11-30 with total page 189 pages. Available in PDF, EPUB and Kindle. Book excerpt: As India's middle class grows and disposable incomes rise, "modern" retail is becoming the next hot sector of the Indian economy. Hundreds of millions of new consumers will join this retail revolution, venturing into supermarkets, department stores and air-conditioned shopping malls for the first time. But instead of just window shopping, many of them will be serious buyers with money to spend. To cater for their needs, established players in the modern retail sector such as Biyani, Raheja and Goenka are being joined by the big names of Indian business - Reliance, Birla, Bharti, Tata etc - who plan to spend billions over the next few years rolling out supermarkets, big-box outlets and specialty stores. At the same time, property developers are getting on with the "malling" of India, and looking for high profile anchor tenants to lure customers. On the sidelines of this Indian retail revolution are big overseas players such as Wal-Mart, which already has a tie-up with Bharti to provide much-needed “back office” support. But what Wal-Mart really wants is the right to set up its own stores in India. The same goes for Tesco, Carrefour, Metro and other international players. While the macro outlook appears bright, the problems are astronomical for India retail industry. There is no reliable cold chain, transport logistics are appalling, there is a huge lack of managerial talent, there is no consistency for quality and quantity of supply, there is political opposition from groups such as market middlemen, the mom and pop "kirana" corner stores have to be catered for, as do the farmers who grow the produce that is integral to a successful retail revolution. How well will these disparate players cope with the various pressures of a dynamic and fast-moving industry?
Book Synopsis Organised Retailing and Agri-Business by : N. Chandrasekhara Rao
Download or read book Organised Retailing and Agri-Business written by N. Chandrasekhara Rao and published by Springer. This book was released on 2015-10-07 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the performance of organized retail chains supplying the agri-input and output services in terms of achieving their objective of utilising collective bargaining power in the marketing of their agricultural produce, integrating empirical experience from India and other selected developing countries. The scenario of marketing for agricultural products has been undergoing rapid changes with the rise of organised retailing (the Indian term for ‘supermarkets’), a process that is likely to accelerate in years to come, with India being on the threshold of a supermarket revolution. In fact, India is referred to as the ‘final frontier’ in the development of supermarkets. The growth of supermarkets in India is faster than that in China, which is also witnessing an exponential growth as part of the “third wave” of supermarket diffusion. The book investigates the links between organised retailing and farmers and farming in India. Apart from raising issues of equity, inclusion and problems in policy framework, it also discusses policy interventions that are essential in order to make the development of organised retailing more inclusive and beneficial to the farming community and agricultural sector. The book further serves as a guide for policy makers, helping them to select the right kind of interventions to balance growth with equity as market forces penetrate deeper into the agricultural marketing space.
Book Synopsis Multi Dimensional Approach to Brand Building - A Conceptual Model for Indian Retailers by : Vibhuti Tripathi
Download or read book Multi Dimensional Approach to Brand Building - A Conceptual Model for Indian Retailers written by Vibhuti Tripathi and published by GRIN Verlag. This book was released on 2008-10-20 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Paper (postgraduate) from the year 2008 in the subject Business economics - Business Management, Corporate Governance, grade: A, , course: Conference, language: English, abstract: Indian Retail Scenario: Organized retailing has exponentially emerged to contribute to the growth of Indian retail sector. It constitutes 3% of the total retail market and expected to grow at a rate of 42% in 2008. According to estimates provided by Technopak, organized retail in India is expected to receive investments of $25 billion, taking the size of modern retail to $75 billion by 2011. These investments imply that share of organized retail will grow from the present 3 % to approximately 15-18 % by 2011-12. With the onset of a globalize economy in India, the Indian consumer's psyche has changed. They are well versed with the concept of value for money, quality and service standards offered worldwide, in turn they are becoming more demanding. These demands are the visible impacts of the Indian organized retail sector. The evident increase in consumerist activity is colossal; it is replicated in money making recess for the Indian organized retail sector. Indian Retail is in the midst of a retail revolution, seen in sprawling number of malls developed from 50 operational malls in 2005 to 250 mall by 20083. Multiple formats have sprung up across different cities. City landscapes are dotted with malls and customers have problems of plenty as far as deciding shopping destinations is concerned.
Book Synopsis Organized Retailing in India by : Raghu G
Download or read book Organized Retailing in India written by Raghu G and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Retailing in India is one of the pillars of its economy and accounts for 14 to 15 percent of its GDP. The Indian retail market is estimated to be US$ 450 billion and one of the top five retail markets in the world by economic value. India is one of the fastest growing retail market in the world, with 1.2 billion people. India's retailing industry is essentially owner manned small shops. In 2010, larger format convenience stores and supermarkets accounted for about 4 percent of the industry, and these were present only in large urban centres. India's retail and logistics industry employs about 40 million Indians (3.3% of Indian population). Until 2011, Indian central government denied foreign direct investment (FDI) in multi-brand retail, forbidding foreign groups from any ownership in supermarkets, convenience stores or any retail outlets. Even single-brand retail was limited to 51% ownership and a bureaucratic process.
Download or read book Retail in India written by Mathew Joseph and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent times, there has been debate over the entry of large corporate houses into the retail sector in India. This study finds that both traditional and organized retail can not only coexist but also achieve rapid and sustained growth in the coming years. The findings of this study are based on the largest ever survey of various stakeholders and an extensive review of international experience, particularly emerging countries of relevance to India. There has been competitive response from traditional retailers through improved business practices and technology up gradation. Consumers and farmers gain considerably from the entry of organized retail. The organized retail sector is capable of taking care of itself, but public policy needs to help create a level playing field for traditional retailers. Based on the results of the surveys, the authors have made a number of specific policy recommendations for regulating the interaction of large retailers with small suppliers and for strengthening the competitive response of the traditional retailers
Book Synopsis India as Destination for Western retailers by : Janine Rößiger
Download or read book India as Destination for Western retailers written by Janine Rößiger and published by diplom.de. This book was released on 2008-08-04 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inhaltsangabe:Introduction: The Indian market is one of the key future markets for foreign investors and foreign companies. In 2010 the Indian market is estimated to be as big as the European Union with regard to the number of customers. Moreover, the Indian economy shows solid economic growth since the economical reform started in 1991, and the number of middle class households is continuously increasing. Thus, the purchasing power is rising in India. Hence, the Indian market has huge potential for foreign investment. All in all, the Indian market is a market multi-national companies should not miss because of its future importance. This diploma thesis focuses on India as a destination for Western retailers. The Indian market is especially attractive to Western retailers searching for markets with huge potential and wishing to explore markets which are yet unsaturated in contrast to the home markets of the Western retailers. Both the Global Retail Development Index of 2005 and 2006 rank India as the top destination for Western retailers among the emerging markets with regard to the risk associated with doing business in India and the market attractiveness. India ranks even before East European countries and rising stars like China or Russia because the Indian retail market combines low market saturation with stable economic growth and moderate political risk. However, India is a country with a very complex culture which needs to be considered if a foreign retail company plans to enter the Indian market. India is a country full of contrasts and a conglomerate of diverse cultural influences (Penner 2002; Kreuser, 2002). Thus, Indianizing, i.e. adapting e.g. a retail company s assortment, pricing strategy and approach to personnel management to the Indian market, is the key success factor for foreign retailers in India. To be able to succeed in the Indian retail market, knowledge of the unique characteristics of the Indian market and culture is vital. Thus, this diploma thesis starts with an overview of the opportunities of the Indian (retail) market such as growing consumption and a demographic advantage. The diploma thesis also describes the challenges of the Indian (retail) market such as the weak infrastructure and the challenges the Indian culture provides. Based on this knowledge, the second part of the diploma thesis introduces strategic decisions. Necessary adaptations to the Indian market, regarding e.g. dealing with Indian personnel or [...]
Book Synopsis The world of retailing: An overview of retailing & Indian Retail by : Shadma Shahid
Download or read book The world of retailing: An overview of retailing & Indian Retail written by Shadma Shahid and published by Anchor Academic Publishing. This book was released on 2015-09 with total page 85 pages. Available in PDF, EPUB and Kindle. Book excerpt: Retailing has been practiced from the early years of mankind in the form of barter to the current technologically sophisticated e-tailing in the 21st century. In any format, retailing involves the sale of goods and services to the final consumer. The form
Download or read book New Era in Retail written by Dr. Renu V. and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Retailing has emerged as one of the most dynamic and fast paced industries with several players entering in the market. India's vast middle class and its retail industry are key attractions for global retail giants wanting to enter newer markets. Sound economic growth, rising population, changing life style and rising incomes have generated significant demand for a broader range of retail goods among Indian consumers, presenting a wealth of opportunities for international retailers. Retailing is India's largest industry, accounting for over 10 per cent of the country's Gross Domestic Product and around eight per cent of the employment (FICCI, 2005). Indian retail is expected to grow 25 per cent annually (IBEF, 2007) and it has seen an unprecedented growth for the last 15 years. The inherent attractiveness of this segment lures retail giants and investments are likely to sky rocket with an estimate of Rs. 20 to 25 billion in the next 2-3 years, and over Rs. 200 billion by end of 2010. The Indian retail industry in valued at about $300 billion and is expected to grow to $427 billion in 2010 and $637 billion in 2015. Even though Indian retailing is hailed as a huge sector, in reality, it is not so rosy when compared to the retail scenario in developed and other developing countries. Indian retail is still in the infancy stage, with the retail revolution gaining momentum only in the late 1990's, and there are a number of challenge factors which need to be overcome. Organized retail has a promising future with many avenues and prospects. However, the organised retailers, both global and local, need to acutely observe, analyze and formulate strategies before taking the final plunge headlong. Taking into consideration the success stories of other retail giants that have already made huge inroads in the Indian retail sector, they can chart out a roadmap that would best work for them.
Book Synopsis Fdi in India's Multi Brand Retail Sector by : Girish K. Nair
Download or read book Fdi in India's Multi Brand Retail Sector written by Girish K. Nair and published by GRIN Verlag. This book was released on 2011-12 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: Scientific Essay from the year 2011 in the subject Business economics - Trade and Distribution, language: English, abstract: ABSTRACT With US President's visit, Planning Commission has given green signal to FDI in multi brand retailing. Only 51 per cent FDI in single-brand retail is permitted in India. Multi brand retailers were only allowed to operate wholesale outlets. The paper will cover how FDI in retail sector can be introduced, benefits of allowing FDI, how to have control over the global players, and how local retailers can survive in spite of the big players. The retail industry in India is of late often being hailed as one of the sunrise sectors in the economy. Emergence of organized retail sector in India has more to do with increasing purchasing power of buyers and modern supply and logistic management techniques. With a contribution of 14% to the national GDP and employing 7% of the total workforce (only agriculture employs more) in the country, the retail industry is definitely one of the pillars of the Indian economy. Keywords: Foreign Direct Investment, organized retail sector, single-brand retail, globalization, foreign retailers, Ministry of Commerce, Industrial policy and promotion, FDI's issues and prospects. *********
Book Synopsis Indian Retail Sector - A Primer by : Nitin Mehrotra
Download or read book Indian Retail Sector - A Primer written by Nitin Mehrotra and published by ICFAI Books. This book was released on 2007-05-22 with total page 111 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book tries to analyze the Indian Organized retail sector in the light of the emerging landscape. It tries to capture the organized retail sector characteristics, with an overview of the current status and also depicts the future scenario. It is broad
Book Synopsis Trends in Retail Marketing in India by : Marri Sreenivasulu
Download or read book Trends in Retail Marketing in India written by Marri Sreenivasulu and published by diplom.de. This book was released on 2017-07-20 with total page 381 pages. Available in PDF, EPUB and Kindle. Book excerpt: Retail is the sale of goods to end users, not for resale, but for use and consumption by the purchaser. This excludes direct interface between the manufacturers and institutional buyers such as the government and other bulk customers. Retailing is the last link that connects the individual consumers with the manufacturing and distribution chain. Retail is the fastest growing sector in the Indian economy. Traditional markets are making way for new formats, such as departmental stores, hypermarkets, supermarkets and specialty stores. Western style malls have begun appearing in metros and second-rung cities alike, introducing the Indian consumer to an unparalleled shopping experience. This comparative study focuses on the costumers of Reliance Mart and Big Bazaar with regard to their buying tactics, shopping behavior, expectations, perceptions, satisfaction and brand loyalty.
Book Synopsis Emerging Trends in Retail Management by : R. Gnanaguru
Download or read book Emerging Trends in Retail Management written by R. Gnanaguru and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Retailing is interlinking the individual consumer with the manufacturing and distribution chain. The retail industry in India is growing up and there are lot of employment opportunities for the educated youth in all parts of the country. The book speaks on retailing from the marketing, finance, management, information technology, global scene, human resource and issues related to retail trade in rural and urban areas. The marketing aspects include retail marketing, product display, food retailing, mall culture, super market, store diode and value and private labeling. Retailing is highly consumer driven with customers being exposed to new retail formats frequently. If well planned and organised, retail business would ensure that the consumers will benefit not only by way of quality products but also in prices due to the bulk buying capacity of big retailers. The foreign direct investment and financial challenges argue about the prospects of the industry to gain importance in conducting organized retailing in India. Retail management has become a special subject of importance in Indian educational institutions. The various issues in retail management have been addressed in detail. The need for organized retail trade and strategies gives lot of insight for the industry to grow. The automation and e-commerce in retail gives lot of scope for employment and does effective service to consumers. Technology assumes importance for the business. Internet is growing in usage and influence over product preference and purchase behaviour is changing lifestyles. The increasing ratio of women in employment and rising disposable income are driving the growth of the Indian retail industry. Foreign direct investments, global issues and international giants entering into our nation speak volumes of Indian retail in the global arena. Human resource management issues like recruitment and training assume importance for effective employment. The book discusses the broader business trends and general issues like communication, competitiveness, rural retailing and logistics. The various topics in retailing adopt both empirical and non-empirical approach and come from various authors across the country. The authors' insights, experience, research and their consultancy have enabled the editors to bring out a text which will be useful for academicians, students, research scholars and for the corporate managers. The editors have combined a rigorous analytical approach with a style that is interesting and easy to read.
Book Synopsis Black Market Billions by : Hitha Prabhakar
Download or read book Black Market Billions written by Hitha Prabhakar and published by FT Press. This book was released on 2012 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: Black Market Billions blows the lid off the world's fastest-growing illicit industry: organized retail crime. Hitha Prabhakar reveals how criminals with ties to terrorist groups around the world are committing huge product thefts, and using the profits to fund terrorist acts. Prabhakar connects the dots and follows the money ... from consumers "dying for a deal" to terrorist cells eager to do the killing.
Book Synopsis Effect of Organized Retail on Small Retail Outlets in an Emerging Economy - An Empirical Study by : Prasanna Mohan Raj
Download or read book Effect of Organized Retail on Small Retail Outlets in an Emerging Economy - An Empirical Study written by Prasanna Mohan Raj and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Retail is the fastest growing sector in Indian economy with the three year compounded annual growth rate of 46.64%. Driven by changing lifestyles, strong income growth and favorable demographic patterns, Indian retail is expected to grow 25 per cent annually. It is expected that retail in India could be worth US$ 175-200 billion by 2016. Traditional retailing format is the backbone of the Indian retail industry, and it dominates over 95 per cent of total retail revenues. India is at an early stage of evolution in the organized retail space, with the current penetration pegged at 4-5 per cent, which indicates a huge growth potential. The share of organized retail in the total Indian retail trade pie is projected to grow at 40 percent per annum. This research paper is intended to find out whether the growth of organized retail headed by large corporations has any impact on small mom-n-pop stores and other retail outlets which are in direct competition to the organized retailers with reference to an emerging economy India. This study identified the factors determining customers' preference of retail stores through factor analysis. The study finds the relationship between customers' demographics and shopping behavior. The paper concludes by providing strategic marketing framework for both organized and unorganized retail to achieve customer satisfaction.
