company: It gives me great pleasure to introduce before you my company Future Generali India Life Insurance Company Limited. It is an insurance & Investments joint venture headquartered at Mumbai between Future Group and Italy based Generali Group. The group’s flagship enterprise‚ Pantaloon Retail (India) Limited‚ India’s leading organized retailer‚ owns and manages multiple retail formats including Pantaloons‚ Big Bazaar‚ Central‚ Food Bazaar etc. The total turnover of Future Group Stood at Rs 40000
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Impact of FDI on Indian Organized retail players Introduction The Indian Retail Industry is the largest amongst all the industries‚ accounting for over 10 percent of country’s GDP and 8 percent of employment. The retail industry has come forth as one of the most dynamic and fast paced sector with several players entering the market. Though‚ the Indian retail sector is majorly unorganised but the organised sector is also making giant strides. The total concept and idea of shopping has undergone
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The Future of Organized Retail in India The retail industry in India has been one of the largest and fastest growing industries. The Indian Retail industry‚ currently at $518 billion‚ has experienced a growth rate of 10.6% between 2010 and 2012 and is expected to grow to $1.3 trillion by 2020. Much of this growth is expected to be led by an estimated 25 percent average annual growth in organized retail. The share of organized retail currently stands at 8% of the total retail market. This share is
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Case Study2: Pantaloons Retail India Limited Abstract: This case talks about Pantaloons Retail India Limited‚ a growing company in the still nascent apparel retail sector in India. The case has brief description of the Indian Retail industry and the changes happening in the industry with the development of smaller cities and towns and also about the customers changing behavior. The case then discusses about how Pantaloons have are capturing this market and the evolution of the Pantaloons store brands
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million-th customer at its new store in Gurgaon 2004 Big Bazaar wins its first award and national recognition. Big Bazaar and Food Bazaar awarded the country’s most admired retailer award in value retailing and food retailing segment at the India Retail Forum A day before Diwali‚ the store at Lower Parel becomes the first to touch Rs 10 million turnover on a single day 2005 Initiates the implementation of SAP and pilots a RFID project at its central warehouse in Tarapur Launches
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COMPANY PROFILE…… Pantaloons‚ India’s premium lifestyle apparel company offers chic and trendy fashion to meet the youth’s ever-changing needs. Pantaloons reflects the ideology of keeping alive the ‘newness factor’ through fashion apparel and accessories that are visually appealing and fashionably upbeat. Since its inception‚ Pantaloons progressed from retailing a mix of brands to its own popular private lebels‚ design by the in-house design studio. With a sharp focus on bringing the latest in
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Advantages of FDI in Retail in India By MT UVA BMS on February 15‚ 2013 in Retail Management Advantages of FDI in Retail in India : (1) Growth in Economy : Due to foreign companies entering into retail sector‚ new infrastructure will be built thereby bolstering the jagging real estate sector. In turn‚ banking sector will also grow as the funds needed to build infrastructure will be provided by banks. (2) Job Opportunities : It has been estimated according to government‚ that approximately
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FDI in Retail is a Great Opportunity Much of the reaction to the opening of retail sector does not take into account an important fact: businesses fail The Union government‚ after the recent petrol price increase‚ may be in a mood for reforms. Opening multi-brand for foreign direct investment (FDI) seems to be the next logical step. Thinking about international retailers‚ the US-based retailer Wal-Mart often springs to mind. Wal-Mart is symbolic of foreign retailers so this is not surprising. It
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RETAIL BANKING Project Work Acceleration‚ Deceleration & Moderation in the growth of retail credit in India David Varghese 2011PGPRAK004 PGP RAK‚ IIM INDORE Introduction Retail banking is the mobilization of deposits‚ lending and provision of financial services by a bank in the retail segment which results in fee-based income. Retail lending has been a great innovation across the globe in the commercial banking sector in recent years. Lending is not a new concept- it has been
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• Model essay: FDI in retail is a boon for India Fears that the entry of FDI in multi-brand retail may cause unemployment as foreign firms may not procure material from domestic producers and may import the same from international market are unfounded FDI will improve investment in logistics of the retail chain‚ leading to an efficient market mechanism It is always imperative to understand the topic in its right perspective before you place your views on it. Let us first think what
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