A Study on Changing Rhythm of Retailing in India
Journal Title: International Journal of Business and Management Invention - Year 2018, Vol 7, Issue 12
Abstract
This paper provides information about the growth of retailing industry in India. It examines the growing awareness and brand consciousness among people and focus on growth of retail sector in India, strategies, strength and opportunities of retail stores, retail format in India and recent trends. Growth of Retail Companies in India exhibits the boom in the retail industry in India over the years. The increases in the purchasing power of the Indian middle classes and the influx of the foreign investments have been encouraging in the Growth of Retail Companies in India. We examined whether corporate retailing has already harmed small retail businesses in India (and to what extent if so) and how much damage might occur in the future. We discuss how corporate retailing might benefit small retailers and consumers and consider how small and large retailers might coexist in a country where, in the next twenty years, 40% of the population and 70% of gross domestic product may be concentrated in urban areas. We consider problems that may arise if organized retailing grows and suggest ways in which such problems could be addressed by policymakers. Domestic and multinational corporations have begun to enter retailing in India, raising concerns that they will destroy the millions of small stores and street vendor businesses that presently dominate retailing in the country. Policymakers know that corporate retailers can improve the efficiency and productivity of retailing and distribution in India, but they are also concerned about possible harm to small businesses and loss of jobs among those who might not have the skills and training needed to find alternative employment.
Authors and Affiliations
Pritam Chattopadhyay, Swati John
Keywords
Related Articles
- EP ID EP422667
- DOI -
- Views 160
- Downloads 0
E-Wom And Price Perception On Image, Satisfaction, And Loyalty For Consumers Of Toyota Family Cars
This study aimed to investigate the influence of electronic Word-of-Mouth (eWOM) and the price perception on the image, satisfaction, and loyalty of customers' Toyota family cars. This was designed as survey research in...
Strategic HRM And Firm Performance In India- A Review
In this era, Human Resource Management is concerned with the people in organizations. Human resource explains both the people: Firstly who work for the company and secondly those departments responsible for managing such...
Reforming the Dysfunctional Capital Markets in Zambia
Over fifty (50) years after independency, Zambia’s economy continues to see modest economic growth rates, high unemployment and noticeable levels of poverty, all attributable to the economy’s inability to spur production...
Post Purchase Dissonance among Car Owners in Aizawl City- A Case Study of Hyundai Motors
This paper is an attempt to understand and study the post purchase behaviour of Hyundai car owners taking into consideration the dissonance of such consumers in relation with their demographic profile. The paper uses Pea...
Effects Of Current Ratio And Debt-To-Equity Ratio On Return On Asset And Return On Equity
The purpose of a company is to gain profits. The purpose of the present study was to examine the effects of current ratio and debt-to-equity ratio on return on asset and return on equity for companies of the food and noo...