Preview

Retail Industry in India

Good Essays
Open Document
Open Document
4823 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Retail Industry in India
PROJECT REPORT
ON
RETAIL INDUSTRY IN INDIA (PAPER NO. -- XXXVII)

OBJECTIVE OF PROJECT

1. To study the format of Retail Industry in India and its scope for growth and development.
2. To understand the Need and Importance for development of the Logistics Sector in India to supplement the growth of the Organized Retail Sector in India.
3. To assess and examine the current retail scenario in India and its future prospects.
4. To closely observe that how the major Indian Retailers perform for increasing the growth of Indian Retail Industry.
5. To suggest measures for the development of Retail Industry in India.

RESEARCH METHODOLOGY

Methodology adopted for this report is analytical, descriptive and comparative. Conducted a review of literature on retail industry in India and how technology has enabled the retail industry to perform on various parameters. During the literature review detailed study is firstly proposed about the meaning of retail and retail market. Then did a literature survey about the organized and unorganized retail sector in India, the different players in the market and how they are performing. Then proceeded to study the scenario of Indian Retail Industry and the recent trends in retailing. After that analyzed the challenges and opportunities in Indian Retail Industry and finally summarized the project with some suggestions.

ABSTRACT

This project provides detailed information about the growth of retailing industry in India. It examines the growing awareness and brand consciousness among people across different socio-economic classes in India and how the urban and semi-urban retail markets are witnessing significant growth. It explores the role of the Government of India in the industry’s growth and the need for further reforms. In India the vast middle class and its almost untapped retail industry are the key attractive forces for global retail giants


Bibliography: http://www.asa.in/pdf/surveys_reports/Retail-Industry-in-India.pdf http://www.deloitte.com/assets/Dcom-India/Local%20Assets/Documents/Indian_Retail_Market.pdf http://www.icra.in/Files/ticker/FDI%20In%20Retail_December%202011.pdf http://www.ehow.com/list_6679006_types-retail-formats-india.html http://en.wikipedia.org/wiki/Retailing_in_India http://www.dinodiacapital.com/pdfs/Indian_Retail_Industry_July_2012.pdf
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Good Essays

    Analysis of Purchasing Habits of Shopping Mall Retail.Doc
    • 2288 Words
    • 10 Pages

    Analysis of Purchasing Habits of Shopping Mall Retail.Doc

    The emerging sectors retailing, one of the largest sectors in the global economy, is going through a transition phase not only in India but the world over. Traditional retailing has established in India for some centuries, mostly owner-operated, has negligible real estate and labor costs and little or no taxes to pay. Consumer familiarity that runs from generation to generation is one big advantage for the traditional retailing sector. There are the political parties who say that the Giants malls are a threat to the existence of the small players let it be a convenience store owner, or a hawker. “Structural changes in retail will surely…

    • 2288 Words
    • 10 Pages
    Good Essays
    Read More
  • Better Essays

    Bharti Walmart 5 Forces
    • 1281 Words
    • 6 Pages

    Bharti Walmart 5 Forces

    Q1. Analyze the retail scenario in India in terms of Porter’s Five Forces and investigate the growth across different segments of retailing.…

    • 1281 Words
    • 6 Pages
    Better Essays
    Read More
  • Powerful Essays

    Impact of Visual Merchandising
    • 1730 Words
    • 7 Pages

    Impact of Visual Merchandising

    Loganathan, D. (2009). Indian Retail Industry – An Exploratory Study. Retrieved March 11, 2010, from retailnetworks http://www.retailnetworks.org/index.php?option=com_content&task=view&id=1425&Item id=302…

    • 1730 Words
    • 7 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Customer Perception of Private Labels Brands vs National Brands in Indian Retail Industry
    • 3267 Words
    • 14 Pages

    Customer Perception of Private Labels Brands vs National Brands in Indian Retail Industry

    The Indian retail industry is the fifth largest in the world. Comprising of organized and unorganized sectors, India retail industry is one of the fastest growing industries in India, especially over the last few years. Though initially, the retail industry in India was mostly unorganized, however with the change of tastes and preferences of the consumers, the industry is getting more popular these days and getting organized as well. With growing market demand, the industry is expected to grow at a pace of 25-30% annually. The India retail industry is expected to grow from Rs. 35,000 crore in 2004-05 to Rs. 109,000 crore by the year 2010. According to the 8th Annual Global Retail Development Index (GRDI) of AT Kearney, Indian retail industry is the most promising emerging market for investment. In 2007, the retail trade in India had a share of 8-10% in the GDP (Gross Domestic Product) of the country. In 2009, it rose to 12%. It is also expected to reach 22% by 2010.According to a report by Northbride Capita; the India retail industry is expected to grow to US$ 700 billion by 2010. By the same time, the organized sector will be 20% of the total market share. A McKinsey report 'The rise of Indian Consumer Market ', estimates that the Indian consumer market is likely to grow four times by 2025. Commercial real estate services company, CB Richard Ellis ' findings state that India 's retail market is currently valued at US$ 511 billion (Bang, 2009).According to the Investment commission of India, India is expected to be among the top 5 retail markets in the world in 10 years. India 's overall retail sector is expected to rise to US$ 833 billion by 2013 and to US$ 1.3 trillion by 2018, at a compound annual growth rate (CAGR) of 10 per cent. As an emerging market with high growth rates, consumer spending has risen…

    • 3267 Words
    • 14 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Metro Cash and Carry
    • 20770 Words
    • 84 Pages

    Metro Cash and Carry

    Guhathakurta, R. (2006, September). The Great Indian Retail Story. Retrieved October 13, 2011, from Slide Share: http://www.slideshare.net/rahulogy/the-great-indian-retail-story…

    • 20770 Words
    • 84 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Kirana
    • 1892 Words
    • 8 Pages

    Kirana

    Modern Retail has seen a significant growth in the past few years with large scale investments made by Indian corporate houses primarily in Food and Grocery retailing. The total retail (organised and unorganised) industry in India is estimated to be Rs 20 lakh crore in 2010. This is expected to reach Rs 27 lakh crore by 2015. Organised retail, which is estimated to be Rs 1.0 lakh crore (5 per cent share) in 2010, is projected to reach Rs 3.0 lakh crore (11 per cent share) by 2015. This means a tripling of the current size and scale of organised retail in the next five years, i.e. 2010 - 2015. While organised retail will grow at a fast pace, it is important to note that a larger part of the Rs 7.0 lakh crore growth in total retail will come from unorganised retail. This segment (unorganised retail) is projected to grow by over Rs 4.5 lakh crore in the next five years.…

    • 1892 Words
    • 8 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    A Project on Store Operation of Big Bazaar
    • 3333 Words
    • 14 Pages

    A Project on Store Operation of Big Bazaar

    Retailing is emerging as a sunrise industry in India and is presently the largest employer after agriculture. In the year 2004, the size of Indian organized retail industry was Rs 28,000 Crores, which was only 3% of the total retailing market. Retailing in its present form started in the latter half of 20th Century in USA and Europe and today constitutes 20% of US GDP. It is the 3rd largest employer segment in USA. Organized retailing in India is projected to grow at the rate of 25%-30% p.a. and is estimated to reach an astounding Rs 1,00,000 Crores by 2010. The contribution of organized retail is expected to rise from 3% to 9% by the end of the decade. The projection for the current year ie 2005 is Rs 35,000 Crores. In India, it has been found out that the top 6 cities contribute for 66% of total organized retailing. With the metros already been exploited, the focus has now been shifted towards the tier-II cities**. The 'retail boom', 85% of which has so far been concentrated in the metros is beginning to percolate down to these smaller cities and towns. The contribution of these tier-II cities to total organized retailing sales is expected to grow to 20-25%. In the year 2004, Rs 28,000 Crores organized retail industry had Clothing, Textiles & fashion accessories as the highest contributor (39%), where as health & beauty had a contribution of 2%. Food & Grocery contributed to 18% whereas Pharma Retail had a contribution of 2%. Pantaloon Retail (India) Limited, is India’s leading retailer that operates multiple retail formats, the company operates…

    • 3333 Words
    • 14 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Retailing and Modern Retail Formats
    • 6977 Words
    • 28 Pages

    Retailing and Modern Retail Formats

    Key Words: Hypermarket, Convenience Store, Retailing, Malls, Shoppers Introduction India has witnessed a frenetic pace of retail development over the past five years. Goldman Sachs has estimated that the Indian Economic growth could actually exceed that of China by 2015. It is believed that the Country has potential to deliver the faster growth over the next 50 years. (1) As we all know that India has been a nation of Dukandars, having – approximately 12 million retailers. Obviously retailing is in our blood – either as a shopkeeper or as a shopper. The Indian Retail market is estimated to grow from the current US $ 330 billion to US $ 427…

    • 6977 Words
    • 28 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Catchment Analysis of Big Bazaar
    • 887 Words
    • 4 Pages

    Catchment Analysis of Big Bazaar

    Retailing in India is one of the pillars of its economy and accounts for 14 to 15 percent of its GDP.…

    • 887 Words
    • 4 Pages
    Powerful Essays
    Read More
  • Good Essays

    Infosys Business Plan
    • 518 Words
    • 3 Pages

    Infosys Business Plan

    With the onset of a globalize economy in India, the Indian consumer's psyche has been changed. People have become aware of the value of money. Nowadays the Indian consumers are well versed with the concepts about quality of products and services. These demands are the visible impacts of the Retail Sector of Indian Economy…

    • 518 Words
    • 3 Pages
    Good Essays
    Read More
  • Powerful Essays

    FDI in Retail (India)
    • 4396 Words
    • 18 Pages

    FDI in Retail (India)

    Retail Sector is one of the most important pillars of Indian economy and it is growing at a…

    • 4396 Words
    • 18 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    “Study of Consumer’s Preferences Towards Organized Retailing from Unorganized Retailing"
    • 4592 Words
    • 19 Pages

    “Study of Consumer’s Preferences Towards Organized Retailing from Unorganized Retailing"

    The India Retail Industry is the largest among all the industries, accounting for over 10 per cent of the country's GDP and around 8 per cent of the employment. The Retail Industry in India has come forth as one of the most dynamic and fast paced industries with several players entering the market. But all of them have not yet tasted success because of the heavy initial investments that are required to break even with other companies and compete with them. The India Retail Industry is gradually inching its way towards becoming the next boom industry.…

    • 4592 Words
    • 19 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Retailing Perspectives Challenges and Opportunities
    • 3201 Words
    • 13 Pages

    Retailing Perspectives Challenges and Opportunities

    The retail sector in India is highly fragmented, and organized retail in the country is at a very nascent stage. There are about 12 million retail outlets spread across India, earning it the epithet of a “nation of shopkeepers.” India has one of the highest retail densities in the world at 6% (12 million retail shops for about 209 million households). The rapidly emerging Indian retail sector is experiencing unprecedented growth and is being widely recognized as one of the biggest potential growth markets in the world. Since 2005, India’s GDP has been growing at a healthy rate of 7%, and retail is emerging as one of the largest and most rapidly growing sectors,…

    • 3201 Words
    • 13 Pages
    Powerful Essays
    Read More
  • Satisfactory Essays

    Retail Industry in India
    • 3905 Words
    • 16 Pages

    Retail Industry in India

    India’s retail is growing as one of the most desirable destinations of the world. Economic growth of India is also helping this growth in the retail industry. The demographic profile of Indians is also a major contributing factor for this growth. India’s aspirational young population, increasing spending power, strong GDP growth, etc. are changing the face of Indian retail industry.…

    • 3905 Words
    • 16 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    foriegn direct investment
    • 936 Words
    • 4 Pages

    foriegn direct investment

    a) Indian retail sector is highly fragmented with around 97 percent of its business being run by the unorganized retailers. The organized retail is in its infancy. With the entry of FDI the retail sector will become organized.…

    • 936 Words
    • 4 Pages
    Good Essays
    Read More

Related Topics