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RETAIL MANAGEMENT IN INDIA – FUTURE GROUP SHAPING THE FUTURE OF INDIAN RETAILING
(Value. .EVOLUTION OF ORGANISED RETAILING IN INDIA Indian retailing industry 5th largest in the world. village fairs and kirana stores. Growth rate of organized retail is 25-30% annually and retail in general at a steady pace of 6% since 10 years. Modern retailing focus on 3 V's.indigenous franchise model. Khadi & Village Industries Commission (KVIC). Weekly markets . Variety and Volume) Retail industry – the second largest employer in the country.
Liberalization of the sector appears to be on the way. INDIA Key impediment. Threat of unfair competition ultimately resulting in large-scale exit of domestic small family managed retail outlets. Percentage of FDI inflow to be compulsorily invested in back end infrastructure.lack of FDI FDI in single brand retailing permitted in 2006(US$196.FDI IN RETAIL SECTOR. . logistics or agro processing. More FDI= Robust supply chain with better integration of farmers and SMEs. Endanger the livelihood of 40 million people directly engaged in retail trade and 200 million people depending on them in India. 57 out of 94 proposals have been approved.46 )million upto 51%.
.MAJOR PLAYERS IN ORGANISED RETAIL SECTOR IN INDIA TATA Group RGP Group Reliance AV Birla Group Future Group’s Pantaloon Retail Ltd.
000 stores across 71 cities. Music & Gifts: Depot Health & Beauty Care: Star.000 people Country's largest listed retailer by market capitalization and revenue Food & Grocery: Big Bazaar. Sitara E-tailing: Futurebazaar. Collection-i Consumer Electronics: e-zone Shoes: Shoe Factory Books. Food Bazaar Apparel : Pantaloons chain of fashion destinations Home Solutions: Hometown. 30. Furniture Bazaar. 1. Agro-service cum rural retail initiative: Aadhaar .com Entertainment: Bowling Co. Pantaloon Retail (India) Limited -value and lifestyle segment of the Indian consumer market.
2002 Food Bazaar. 2007 Future Group crosses $1 billion turnover mark. 1997 Pantaloons – India’s family store launched in Kolkata. the supermarket chain is launched. Launch of Pantaloons trouser. 1992 Initial public offer (IPO) was made in the month of May. ‘Is se sasta aur accha kahi nahin’ .Milestones of Pantaloons 1987 Company incorporated as Manz Wear Private Limited. . 2001 Big Bazaar. India’s first formal trouser brand.India’s first hypermarket chain launched.
Making of one of India’s most successful entrepreneurs in retailing - Kishore Biyani . FUTURE GROUP’S SUPPLY CHAIN MANAGEMENT- IT’S KEY ADVANTAGE HR AND EMPLOYEE MINDSET IT’S CULTURE .
CONCLUSION Thank you By Nikitha Narayan .