The document provides an overview of the Indian retail sector including key statistics and trends. Some of the main points summarized are:
- Total retail sales in India are USD 550 billion with a GDP per capita income rising from USD 1761 in 2015 to USD 2366 in 2018.
- Organized retail makes up 10% of the sector currently but is growing over 20% annually from 2012-2020.
- E-commerce is a major growth area for retail in India with online retailers using mobile apps to increase their customer reach.
- Key challenges for the retail sector include a heterogeneous market, poor supply chain infrastructure, and competition from unorganized markets.
retail analysis with pestel, condition of indian retail in terms of figures and a brief forecast and Pestle, future of retail in India, relation between India & retail, can retail survive in India, projection of retail in India, future analysis of retail in India, Is retail good in India, Pestle Analysis of retail future in India, Pestle and retail analysis in India, Retail in India and hindrance in it through Pestle analysis
Retail Marketing in Rural India – Factors in Favour and StrategiesDr. Amarjeet Singh
Retail industry now accounting for 10% of the
country’s GDP undergoes dynamic changes boosting its
growth still further. The sector grows impressively leading
to production of wide range of products and services.
Rural markets provide great scope for marketers due to
increased revenue and purchase power of the rural
population in India. The rural income is expected to
increase faster due to government policies supporting
agriculture and the earning population that has
temporarily moved out of rural villages to cities for
employment in non-agricultural sectors. Technology in
agriculture has helped to produce quality crops and the
market is ready to give high prices for such products.
Around 60% of the students in the colleges are first
generation graduates who have moved out of their villages
for tertiary education. Thus the life style, likes and
preferences of the rural population keeps changing.
However the huge rural segment is much different from
that of the urban segment and the marketers need to
approach with sustained efforts and special models. The
highly fragmented rural segment’s needs are majorly filled
by unorganized family run Kirana stores and Maligai
shops. The share of organised retail in the country has
risen by 60% and the same is expected to have impact on
the rural market as well. The paper focuses on the growth
of retail market in India, the emerging factors in favour of
rural retail and suggests strategies for rural retailing.
to measure the Impact of sales promotion on personal care products vs consume...Sunny Gandhi
impact of sales promotion, communications, consumer electronics, personal care products, aida model research, cognition affection and behaviour with sales promoton, demographics and response to sales promotion.
With the emergence of supermarkets, kirana stores have been depleting day by day. Government is in the grave situation to decide whether to allow 50% FDI or not in the retail sector. There are certain retail outlets such as Walmart, Metro which are better in quality, cheaper in rates, and offering a range and variety of products under one roof. These malls have entered in India but they are into cash and carry business only and not in the multi brand retail sector. Many of them have entered through joint ventures. If government allow them to enter in India, it can be said that all the small shops and kirana stores will not be able to stand in the market. They cannot compete with them. Now the question arise how the kirana stores can be saved from these big giants in the market. It is the need of the hour today to save these kirana stores because in a developing country like India where the income of an average man is low, such types of small business can make them able to earn their living. The present research is an attempt to find out the weaknesses of kirana stores as compared to the malls and to find out the solutions for the betterment of the stores. The research is conducted on various kirana stores in Punjab. The study identifies the problems being faced by kirana merchants such as recovery of credit, inventory management, goodwill in terms of quality, low space, and lack of variety etc. But during the research it has been found out that there are certain areas where these kirana stores have an edge over the market such as emotional attachment with the customer, to fulfil the timely need of credit of the customer, easy availability etc. It is concluded that both kirana stores and malls are important to the Indian economy. FDI is important for the growth of the economy but it should come for the rescue of the existing business and not as a threat. Secondly government intervention is seeked to make improvements in the functioning of the kirana stores. If kirana stores starts using their strategic advantages to the optimum level, they can make can make their existence strong in the market.
A brief overview of Indian Retail Industry where a efforts have made to touch base the facts the figures.
The industry is getting a buzz for all the good reasons, all the giants along with few tiny players are checking their luck, this presentation was created to let interested people understand what Retail industry is, where it was and some future prospects too.
Лучшие практики исполнения проекта в соответствии с методологией IBM RationalLuxoftTraining
В своем выступлении Михаил рассматривает различные аспекты реализации проекта, начиная от управления требованиями и заканчивая управлением изменениями и конфигурациями. Описывает лучшие практики минимизации рисков провала проекта, в соответствии с методологией IBM Rational:
Итеративная разработка;
Подход к управлению требованиями;
Компонентная архитектура;
Визуальное моделирование;
Постоянный контроль качества;
Управление изменениями и конфигурациями.
А также рассматривается специфика Agile-проектов в сравнении с другими методологиями.
retail analysis with pestel, condition of indian retail in terms of figures and a brief forecast and Pestle, future of retail in India, relation between India & retail, can retail survive in India, projection of retail in India, future analysis of retail in India, Is retail good in India, Pestle Analysis of retail future in India, Pestle and retail analysis in India, Retail in India and hindrance in it through Pestle analysis
Retail Marketing in Rural India – Factors in Favour and StrategiesDr. Amarjeet Singh
Retail industry now accounting for 10% of the
country’s GDP undergoes dynamic changes boosting its
growth still further. The sector grows impressively leading
to production of wide range of products and services.
Rural markets provide great scope for marketers due to
increased revenue and purchase power of the rural
population in India. The rural income is expected to
increase faster due to government policies supporting
agriculture and the earning population that has
temporarily moved out of rural villages to cities for
employment in non-agricultural sectors. Technology in
agriculture has helped to produce quality crops and the
market is ready to give high prices for such products.
Around 60% of the students in the colleges are first
generation graduates who have moved out of their villages
for tertiary education. Thus the life style, likes and
preferences of the rural population keeps changing.
However the huge rural segment is much different from
that of the urban segment and the marketers need to
approach with sustained efforts and special models. The
highly fragmented rural segment’s needs are majorly filled
by unorganized family run Kirana stores and Maligai
shops. The share of organised retail in the country has
risen by 60% and the same is expected to have impact on
the rural market as well. The paper focuses on the growth
of retail market in India, the emerging factors in favour of
rural retail and suggests strategies for rural retailing.
to measure the Impact of sales promotion on personal care products vs consume...Sunny Gandhi
impact of sales promotion, communications, consumer electronics, personal care products, aida model research, cognition affection and behaviour with sales promoton, demographics and response to sales promotion.
With the emergence of supermarkets, kirana stores have been depleting day by day. Government is in the grave situation to decide whether to allow 50% FDI or not in the retail sector. There are certain retail outlets such as Walmart, Metro which are better in quality, cheaper in rates, and offering a range and variety of products under one roof. These malls have entered in India but they are into cash and carry business only and not in the multi brand retail sector. Many of them have entered through joint ventures. If government allow them to enter in India, it can be said that all the small shops and kirana stores will not be able to stand in the market. They cannot compete with them. Now the question arise how the kirana stores can be saved from these big giants in the market. It is the need of the hour today to save these kirana stores because in a developing country like India where the income of an average man is low, such types of small business can make them able to earn their living. The present research is an attempt to find out the weaknesses of kirana stores as compared to the malls and to find out the solutions for the betterment of the stores. The research is conducted on various kirana stores in Punjab. The study identifies the problems being faced by kirana merchants such as recovery of credit, inventory management, goodwill in terms of quality, low space, and lack of variety etc. But during the research it has been found out that there are certain areas where these kirana stores have an edge over the market such as emotional attachment with the customer, to fulfil the timely need of credit of the customer, easy availability etc. It is concluded that both kirana stores and malls are important to the Indian economy. FDI is important for the growth of the economy but it should come for the rescue of the existing business and not as a threat. Secondly government intervention is seeked to make improvements in the functioning of the kirana stores. If kirana stores starts using their strategic advantages to the optimum level, they can make can make their existence strong in the market.
A brief overview of Indian Retail Industry where a efforts have made to touch base the facts the figures.
The industry is getting a buzz for all the good reasons, all the giants along with few tiny players are checking their luck, this presentation was created to let interested people understand what Retail industry is, where it was and some future prospects too.
Лучшие практики исполнения проекта в соответствии с методологией IBM RationalLuxoftTraining
В своем выступлении Михаил рассматривает различные аспекты реализации проекта, начиная от управления требованиями и заканчивая управлением изменениями и конфигурациями. Описывает лучшие практики минимизации рисков провала проекта, в соответствии с методологией IBM Rational:
Итеративная разработка;
Подход к управлению требованиями;
Компонентная архитектура;
Визуальное моделирование;
Постоянный контроль качества;
Управление изменениями и конфигурациями.
А также рассматривается специфика Agile-проектов в сравнении с другими методологиями.
Indian Retail – Next Growth Story with Challenges and Opportunities SCS universal
Presentation reports show data and opportunities about the emerging opportunities , challenges and growth story in India organised retail sector. This Presentation is delivered by the Founder and Chief Executive of SCS universal Mr. Gajendra Khare at JIMS New Delhi
Retail is the process of selling consumer goods or services to customers through multiple channels of distribution to earn a profit. Retailers satisfy demand identified through a supply chain.
Retailing in India is one of the pillars of its economy and accounts for about 10 percent of its GDP
Retail is the sale of goods to end users, not for resale, but for use and consumption by the purchaser.
It accounts for over 10 per cent of the country's Gross Domestic Product (GDP) and around 8 per cent of the employment. India is the world's fifth-largest global destination in the retail space.
International Journal of Business and Management Invention (IJBMI)inventionjournals
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
Briefs on the Retail industry of India and discusses ,under what market structure, it falls onto. Also , listed inside, are factors affecting demand and supply of Retail Industry. Discusses briefly COVID-19 impacts on retail industry.
Retailing in India is still evolving and the sector is witnessing a series of experiments across the country with new formats being tested out. Ex. Quasi-mall, sub-urban discount stores, Cash and carry etc
1. USD 550 Billion
Total Retail Sales
GDP Per Capita Income
From current USD. 1761 in
2015 to USD. 2366 in 2018
10%
Organized Retail Sector
Penetration
> 20% Growth
In Organized Retail
during 2012-2020
14th Rank
Global Retail
Development Index (GRDI)
2020- USD 45 - 50 Billion
CAGR over next five
years – 40%-45%
Number of International
Brands entering into India
Indian Retail Sector- At Glance
1
2. 2
Indian Retail Sector
Introduction
The Indian retail industry is one of the most vibrant industries in
the country. It is currently ranked at 20th position among the top
30 developing countries identified by management consulting
firm AT Kearney in its 2014 Global Retail Development Index
(GRDI).
With the growth in the retail industry, the corresponding demand
for real estate is also being created. Further, with the online
medium of retail gaining more and more acceptance, there is a
tremendous growth opportunity for retail companies, both
domestic and international.
Investment Scenario
With the rising need for consumer goods in different sectors
including consumer electronics and home appliances, many
companies have invested in the Indian retail space in the
past few months. Some of them are:
Japanese firm SoftBank has invested around US$ 627
million in Snapdeal, which has made it the largest
shareholder in the e-commerce company.
American fast food chain Burger King plans to open 12
outlets in India over the next three months, six each in
Delhi and Mumbai. It is presently looking at a company-
owned and company-operated model for its stores,
which will be located in food courts and high-street
locations.
Amazon and Future Group has jointly signed a deal to sell
goods online. Both firms will also develop a new line of
products across categories to be exclusively sold at
Amazon and Future Group's retail
Myntra.com has planned to launch The Wedding Store by November,
2014. The Wedding Store will offer wedding wear and accessories (shoes,
bags, jewellery, bindis, and so on) that a bride and groom will require.
GoJavas, a logistics service provider in the e-commerce space, has
introduced a ‘try-before-you-buy’ experience in e-retail transactions. In
this, the delivery boys wait at the customer’s house till the customer tries
out the product before accepting or returning it.
V/S
3. Opportunity Snapshot
Opportunity size
and key retail
segments
833 Million
1. Personal Care , Hair Care, Teeth Care
2. Selected Electronics
3. Food & Beverages
600 Million
1. Packaged Foods and Beverages
2. Luxury Products
3. Indentation
4. Consumer Electronics
5. Personal Care, Beauty and Wellness
500 Million
1. Packaged Food Products
2. Mobile
3. Apparels and Accessories
4. Home Care
5. Affordable Luxury
156,000 (USD Millionaires)
1. Home Furnishing
2. Luxury Consumer Electronics
3. Luxury Products
Rural Consumers
Rural market constitutes 70 per cent of the total population base, but
currently accounts only 40 per cent of the total consumption in India.
Several National and International Retail and FMCG Players have been
planning to explore these untapped markets and are forming various
strategies to take maximum advantage.
Working Population
The population in the working age group of 15 to 54 years is the largest
spender on retail. More than 50 per cent of India’s total population falls
under this group, indicating the significant influence wielded by this
segment on consumer spending
Middle Income Household
India has an aspirational middle class of 75 Million Households. Over the
years, disposable income of Indian Consumer has increased significantly ,
which is leading to substantial change in their spending habits.
Youth
As per the census of 2011 , India has also about 500 million Indians under
the age of 25 . Young Indians are driving purchases in categories such as
mobile phones, fashion , quick service restaurant etc. and are willing to
experiment and change habits. Young Indians have access to more money
than before ,driving independence , aspiration and demand for products.
Growing number of Millionaires
The growth in millionaires in India is driving indulgence in luxury
products such as fine wines, expensive handbags and branded jewellery .
According to Wealth Report 2014, the total number of millionaires in
India grew by 51 per cent , second fastest in the Asia Pacific region
3
4. Regulatory Framework
51% FDI in Multi
Brand Retail
• Minimum Investment cap is USD 100 million . 30% of the procurement value of manufactured processes products must be from
SMEs.
• Minimum 50% of total FDI must be invested in back – end infrastructure within three years of first tranche of FDI.
• To ensure Public Distribution System and Food Security System , government reserves right to procure a certain amount of Food
grains.
• Retail Trading , in any form through e-commerce would not be permissible for companies with FDI engaged in multi- brand retailing.
100 % FDI in
single- brand
retail
• Products to be sold should not be of a single brand only.
• Single brand retail trading would cover only products branded during manufacturing
• The foreign investor should be the brand owner
• Sourcing atleast 30% of the value products sold must be from Indian small industries and cottage industries
Goods and
Service Tax
• The retail sector is subject to multilpity of Indirect Taxes, The Government of India is looking to introduce Good and Service Tax
(GST), which would combine service tax and other state –level taxes into a single taxation system. GST would be introduced in
early 2016.
• Retail Industry currently does not earn any set off credit service tax / local body taxes paid . Implementation of GST would help
sett off these taxes and would improve margin significantly.
4
5. Trends in Retail Sector
5
Trends
in Retail
Sector
Retail Infrastructure
1. India has emerged as one of the most attractive retail
destination in world. The expected CAGR for retail is 13 per cent
(2013-2019).
2. Number of super market are expected to increase from 500 in
2006 to about 8500 by 2016.
3. The Number of modern stores are expected to increase from
11,192 in 2006 to 67,100 by 2016
4. India is poised to image as a sourcing hub for several
international chain, giving the abundant supply of raw materials
and cost competitiveness.
Luxury Market
1. The CAGR was around 20 per cent over the period 2012-2015.
2. High growth categories are jewellery, watches and accessories
have attracted many PE Players.
E-Commerce
1. E-commerce as retail channel, has seen phenomenal growth
over last couple of years.
2. India has about one million online traders that sell their product
through various e-commerce portals.
3. Online retailers have also started to use the medium of online
mobile apps to increase their reach to the customers.
Food
54%
Ticket
17%
Jewelry
17%
Perfume
12%
Emerging categories for online purchase
State Share of Organized
Retail
Tax Revenue (USD
Billion)
Maharashtra 12% 0.4
Andhra Pradesh 8% 0.27
Uttar Pradesh 8% 0.27
Tamil Nadu 7.8% 0.25
Gujarat 7.8% 0.25
Share of Top states in Organized Retail
6. 6
Challenges
in Retail
Sector
Heterogeneous Market- Highly diverse demographic
of Indian Consumer
Poor Supply chain Infrastructure- lack of storage
and transport logistic often leading to huge
wastage.
Real Estate Concern- Escalating real estate prices
and rentals in large cities due to increase demand.
Competition from unorganized market- inherent
advantages , such as low cost base, ,more proximity
to the customers , negligible real estate challenges
Work force related issue- challenge of finding ,
training and retaining talent
Challenges in Retail Sector Key Players in Market
Company Key Stores
Future Group Big Bazaar, Food Bazaar, Pantaloons, Central Fashion, E-Zone
FabIndia Textiles, Home Furnishing, Handloom
TATA Group Westside, Landmark, Titan, Croma, Tanishq, Starbucks
Reliance
Retail
Super Market, Jewellery, Digital
Gitanjali Nakshatra, Gitanjali Jewels, Giantti, D’damas
RP-Snjiv
Goenka
Group
Spencer Hyper, Beverely Hills Polo Club, Music World
Company Key Segments
Amazon,
Flipkart,
Snapdeal
Books to Electronics
Magic Bricks Real Estate
Zomato Food rating
Blue Stone Jewlery
Local Banaya, Grocery
Fabfurnish.
Pepperfry
Furniture