Retailing in India: a goldmine for foreign retailers
Journal Title: International Journal of Engineering, Science and Mathematics - Year 2011, Vol 1, Issue 2
Abstract
Retailing is the largest private industry in India and second largest employer after agriculture. The sector contributes to around 10 per cent of GDP and 6-7 percent of employment. With over 15 million retail outlets, India has the highest retail outlet density in the world. This sector witnessed significant development in the past 10 years from small unorganized family owned retail formats to organized retailing. Liberalization of the economy, rise in per capita income and growing consumerism have encouraged large business houses and manufacturers to set up retail formats; real estate companies and venture capitalist are investing in retail infrastructure. Many foreign retailers have also entered the market through different routes such as wholesale cashand-carry, local manufacturing, franchising, test marketing, etc. With the growth in organized retailing, unorganized retailers are fast changing their business models and implementing new technologies and modern accounting practices to face competition.The present paper analyses the perceptions of foreign Retailers regarding Indian Retail market and emerging sceniario in retail sector.
Authors and Affiliations
Mr. Harvinder Singh and Mr. Krishan Kumar
Keywords
Related Articles
- EP ID EP26473
- DOI -
- Views 445
- Downloads 12
SELECTION OF MIXED SAMPLING PLAN WITH CSP- 3(k=i) PLAN AS ATTRIBUTE PLAN INDEXED THROUGH MAPD AND MAAOQ
In this paper a procedure for the construction and selection of the independent mixed sampling plan using MAPD and MAAOQ as quality standards with Continuous Sampling plan of the type CSP-3(k=i) as attribute plan is pr...
Processing of TiO2/ TiCxO1 −x Nano-ceramic Composite semiconductor: Novel Results
In this work, we present experimental studies for the processing of TiO2/ TiCxO1−x Nanoceramic Composite. This paper reports the synthesis of TiO2/ TiCxO1−x composite with Ti/C ratio 50:30 via spark plasma sintering ro...
Achieving Optimal DoS Resistant P2P Topologies for Live Multimedia Streaming using Cost function Algorithm
The peer-to-peer approach for live multimedia streaming applications offers the promise to obtain a highly scalable, decentralized, and robust distribution service. When constructing streaming topologies, however, spec...
Secure File Transmission Scheme Based on Hybrid Encryption Technique
To enhance the security level of data transmission in Open Network, a hybrid encryption Technique based on AES, RSA and MD5 is proposed. The mechanism makes full use of advantage of AES RSA, MD5 because encryption spee...
Flow and Heat Transfer in Straight Duct.
In the present work, a wall element technique based on finite element method (FEM) has been developed and adopted in the zone which is closed to the solid walls of a long straight channel which replaces the traditional...