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Provision of Employment- 8%
Current Sizeapprox.) USD 427 Billion (18,00,000 crores
RETAILING:
The term Retailing refers to any activity that involves a sale to an individual customer. Retailing is the interface between the producer and the individual consumer buying for personal consumption.
Retail
Organized
(Less than 10 employees)
Unorganized
(More than 10 employees)
2008
2007
2006
2003
Standing at USD 230 billion, enters the Growth phase, characterized by Entry of New Domestic and International participants and Expansion by existing retailers in India.
Indian Retail market classified as the Emerging Market
1995
Closing
(less opportunity, High penetration of modern Retail, discount models & Non-food formats)
Peaking
(Developing)
Declining
(Still big and Growing, tighter for new entrants)
IV Closing
III
Declining
(Tighter space for New entrants)
Hungary,2006
China,2006
Cost Effectiveness
Singapore
Korea 10743 3429 2705 2450 1192 1000 729 0 5000 10000 15000 20000 25000 Series 1 21317
Countries
Thriving Service sector Kirana shopping Mall Hopping Availability of Domestic and International Brands
Increasing Urbanization
Urban Population 2001- 286 million 27.8% of total population, 1029 2010- 468 million (approx.) 33.4% of total population, 1400 million (approx.) Indias urban population is 2nd Largest in the World. Increase in young employed exec. and Women employees stimulating growth of retail.
IT solutions
Contd..
Saving Spending Consumer Exposure to Latest Trends
Conclusion
Increased Productivity (Goods and services) Reliance on Retail sector as a locomotive of growth Largest among all industries (10% of GDP, 8% of
emploment) Dynamic and fast paced (several players entering)
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