2. Introduction
What is Retail ?
Comes from the Old French word ”tailer ”
Types of Retail outlets :
Department store
Discount store
Specialty store
General store
Convenience stores
Hypermarkets
Supermarkets
E-tailers etc.
3. Retail in India
• India has 12 million retail outlets
MARKET SIZE:
Unorganized market is worth Rs.5,83,000 cr.
Organized market is Rs.5,000 cr.
Growth :
Expected to grow by 20% annually
4. Problems in organised retail in India
• Stiff competition
• Opposition to FDI
• Shortage of retail space
• Customs duties
• Shortage of retail space
• Multiple and complex taxation system
• Poor supply chain
• Trained work force
• Lack of Retailing Courses and study options
• Technology
5. Opportunities for organised retail sector
in India
• India’s booming economy
• India's huge population
• Spending with earnings
• Boost in consumption.
• Urbanisation
• Nuclear family
• Plastic revolution
• Demography Dynamics
• Double Incomes
6. Competitive advantage
• Wide range of choices
• Better shopping experience
• More convenient
• Discounts
• Less problems of stock out
• Bypassing of the intermediaries
7. Organised Retailing
• Advantages to the Indian Economy
Link with Agriculture
Link with Manufacturing
Boost to Exports
Impact on Growth and Productivity
Impact on Employment and Prices
Improvement of Government Revenues
8. • Government has to formulate a separate policy for the
industry
• FDI needs to be encouraged
• Land acquisition rules required modification
• Retail as a separate industry