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Topic : Various formats of organized retail
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IS RETAIL BEST FUTURE BUSINESS FOR INDIA ?

Created by : ANISH KUMAR, Relationship Executve ,Opulence Distribution Services Pvt Ltd.  | 01 09 2011 20:04:29 +0000
Keywords : is retail best future business for india ?
Activity:  211 views;  last activity : 02 06 2011 20:00:23 +0000
 
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yes organised retail business will be better for Indian economy as large players can take advantage of economies of scale and provide quality products at lower price. India has huge potential for organised retail, once FDI restriction will be removed this will be largest employment generation sector in India.
By Danish khan, Business Analyst, cognizant business consultancy  | 02 06 2011 20:00:23 +0000
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I believed so and I changed to Retail industry 4 years ago..I hope it would grow in future as Govt plans to open-up FDI in this industry.
By Anand Balasubramanian, Deployment Mgr,  | 02 06 2011 03:15:15 +0000
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Organised retailing will really come into its own after Government allows FDI into multi brands retailing
By Rajeev N.Bhatt, Equity Trader, self employed  | 01 24 2011 14:48:27 +0000
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It is one of the unorganized biz and small traders are minting big money out of it. Also there is a con that they could dictate the prices once they become monopoly. As well that is big challenge to the cornor shops, whos life is being impacted by these big chain stores.
By Anand Balasubramanian, Deployment Mgr,  | 01 12 2011 03:35:41 +0000
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Yes it is... many new trends are happening in Retail and the demand for retail market is also increasing...... So retail have a better future....
By Sujatha srivastava, Associate/Senior Associate, AT Kearney  | 01 11 2011 10:30:43 +0000
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IN MY OPINION RETAIL IS THE BEST BUSINESS FOR A COUNTRY LIKE INDIA,BECAUSE CURRENTLY ORGANISED SECTOR RETAIL HAVE TOO MUCH OPPORTUNITY.
By ANISH KUMAR, Relationship Executve ,Opulence Distribution Services Pvt Ltd.  | 01 09 2011 20:04:29 +0000
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Retails is an old format.... Future is Online anyt retail chain, not providing online support will vanish... Things are becoming more organized. its high time for small vendors to find a way to get organized coz in future specially in metros they won't survive. Ex: Today we buy our glossaries from any hypermarket rather than buying it from store beside our doorstep If u do, trend analysis retail has changed its structure time to time.. it started with horizontal structure and today you can see vertical Structure ( malls having 4+ floors) So, i say retail can have future in India if it changes itself again.
By Mayank Dubey, Product/Brand Manager, Kennis Group  | 01 11 2011 11:06:31 +0000
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