The document discusses India as a potential retail destination, noting its large population of over 1.2 billion people with annual growth of 1.5%, as well as growing incomes. It outlines India's business environment for retail, including a 12.5% VAT, 51% FDI allowed for single-brand retail, and plans for a unified goods and services tax by 2010. The document also mentions concerns for the future of retail in India such as potential mall overcapacity by 2010 and issues with inventory management and supplier maturity.
The document discusses India as a potential retail destination, noting its large population of over 1.2 billion people with annual growth of 1.5%, as well as growing incomes. It outlines India's business environment for retail, including a 12.5% VAT, 51% FDI allowed for single-brand retail, and plans for a unified goods and services tax by 2010. The document also mentions concerns for the future of retail in India such as potential mall overcapacity by 2010 and issues with inventory management and supplier maturity.
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The document discusses India as a potential retail destination, noting its large population of over 1.2 billion people with annual growth of 1.5%, as well as growing incomes. It outlines India's business environment for retail, including a 12.5% VAT, 51% FDI allowed for single-brand retail, and plans for a unified goods and services tax by 2010. The document also mentions concerns for the future of retail in India such as potential mall overcapacity by 2010 and issues with inventory management and supplier maturity.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPT, PDF, TXT or read online from Scribd
Population - over 1.2 billion people, annual growth rate -1.5%. Growth in income Increasing population of women Business environment Retail scenario VAT i.e. 12.5% FDI single brand retail is 51% Foreign entry through franchisee route single brand retailer or B2B segment A unified goods & service (GST) in April 01, 2010 Industry status to retail sector As per recent budget,9% of GDP will be spent on Retail trends in different infrastructure by 2014 sectors India’s number of domestic grocery chains and early foreign entrants Future direction: Concerns 85 million square feet of mall space is expected to be available by end of 2010, which might lead to over- capacity of malls Lack of differentiation among the malls that are coming up. One option may be to look at specialization. Poor inventory turns and stock availability measures Supplier maturity, in terms of adherence to delivery schedules and delivering the quantity ordered, is an issue Sales tax laws - lead to retailers having state-level procurement Increased adoption of IT and shrinkage management will be a critical area. OPEN FOR DISCUSSION and QUESTIONS ( You should have all your notes with you, backing the data presented, so that you can answer questions) PPT should be crisp but background material should ready with you.