Organised retailing, in india, refers to trading activities undertaken by licensed retailers, that is, those who are registered for sales tax, income tax, etc these include the publicly traded supermarkets, corporate-backed hypermarkets and retail chains, and also the privately owned large retail businesses. The government of india has taken various initiatives to improve the retail industry in india some of them are listed below: the government of india may change the foreign direct investment (fdi) rules in food processing, in a bid to permit e-commerce companies and foreign retailers to sell made in india consumer products both organised. Types of retailing in india 1 major types of retailing in india 2 introduction • the retailing industry has been present in our country through history and is considered as one of the largest sectors in the indian economy, contributing to around 14% to the gdp, and employing around 7% of the total population • for decades, retailing in india has been highly fragmented, ie, unorganized.
Organized retailing on jobs in informal retailing and about the potential for predatory pricing and monopolistic practices by corporate retailers this paper examines key issues related to the development of organized retailing in india section 2 reviews the recent performance of india’s retailing sector. Indian retail market is divided into “organised retail market contributes 93 per cent of the total sector and “unorganised retail market contributes the rest 7 per cent of the sector india’s business to business (b2b) e-commerce market is expected to reach us$ 700 billion by 2020#.
The biggest form of retail in india, malls offers customers a mix of all types of products and services including entertainment and food under a single roof 6. Importance of unorganized retail sector in india: retailing in india as also elsewhere in the world is divided into organized and unorganized retailing organized retailing refers to trade activities undertaken by the licensed retailers i,e, those who are registered for sales tax, income tax etc. Organised retailing in india : opportunities and challenges kanwaljeet assistant professor (contractual) chaudhary devi lal university, sirsa abstract indian retail industry is ranked as one of the biggest retail market in the whole world it has been ranked the second most attractive market for investment after vietnam. The above chart clearly portrays the miserable condition of india's organized retail a forecast of 40% annual growth in the organized retail sector seems sound the number of shopping malls in india has grown from 1 in 2001 to 100 in 2005 but still more effort is needed to turn the predictions into reality.
The major factors responsible for the growth of organised retailing in india are as follows: organised retailing is a recent development it is the outcome of socioeconomic factors india is standing on the threshold of retail revolution retail industry, one of the fastest changing and vibrant. T his is a positive trend, and the contribution of these tier-ii cities to total organized retailing sales is expected to grow to 20-25% challenges facing the organized retail industry: despite the rosy hopes, some facts have to be considered to positively initiate the retail momentum and ensur e i t s sust a in e d growth the major constraint of the organized retail market in india is the competition from the un-organized sector.
Current status of retailing in india the size of the retailing industry in india is estimated to be in the order of rs 7200 to 8100 billion (us $ 160-180 billion), with organised retailing estimated to be approximately 2 % (rs 160-180 billion) of the total retailing industry in the country. Shoppers stop ltd (ssl) is india’s prominent retail group and a pioneer in the organised retail industry in india from a single store in 1991, the company today is one of the largest chain of department stores in the country. Types of retailing in india • organized market : professionally managed, has accounting transparency with proper usage accounting standards branded stores specialty stores department stores supermarkets discount stores hyper-mart convenience stores shopping malls. Importance of unorganized retail sector in india: retailing in india as also elsewhere in the world is divided into organized and unorganized retailing organized retailing refers to trade activities undertaken by the licensed retailers i,e, those who are registered.
India has highest number of outlets per person (7 per thousand) indian retail space per capita at 2 sq ft (019 m 2)/ person is lowest in the world indian retail density of 6 percent is highest in the world. Organised retail in india constitutes approximately 2% of the total retail industry the concentration of organised retail players is mainly in the top 10 cities, which account for 96% of the organised retail market. Retailing refers to a process where the retailer sells the goods directly to the end-user for his own consumption in small quantities the article discusses about different types of retail outlets. Formats in indian organized retail sector and its subsequent successful operation is credited to india economic system reform earnest in july 1991 formats in indian organized retail sector is at its nascent stage.
Retailing refers to a process where the retailer sells the goods directly to the end-user for his own consumption in small quantities the article discusses about different types of retail outlets types of retail outlets in india vishal mega mart comes under discount store. Types of retailers by marketing strategy customer services in retailing fair of dip in consumption and slow down of growth for indian organized retailers at a time when consumer spending is on decline, success will chapter no 03: retail marketing scenario in india page118. Retail distribution in india june 29, 2010 • india it industry • by the expansion of the retailing in india has been magnificent specially after the advent of liberalization and the abolition of licensing studies have further showed that non-urban areas account for only about 15% of organized retailing so it is high time that the.