Business Articles - Report On Indian Retail Industry
The Indian retail industry has strong linkages with the economic growth and development of the economy. It is primarily characterised by its hierarchical growth structure, high working capital requirements etc. The factors such as rising urbanisation, growing consumer class, growing per capita expenditure, greater interest evinced by the Venture capitalists / Private equity firms in the industry etc. have been driving the growth of organised retail. The growth of modern retailing has led to the emergence of varied formats such as Departmental stores, Supermarkets etc. In addition, few other formats such as rural retailing, E-retailing, luxury retailing etc. too have found favours with the Indian retailers. Each format being distinct from the other, the viability of their operations depends upon various factors such as average footfalls, sales per sq.ft etc. However the numerous licensing requirements as compared to other countries have proved to be a bottleneck in the growth of Indian retailing.
With subdued consumer sentiments as witnessed during the latter half of FY09, CARE Research expects the Indian Retail industry's performance to remain steady during FY09. However considering the immense potentialities, the industry would witness robust performance in the long run. The report on ‘Indian Retail Industry' unwinds answers to varied queries related to retailing (both organised and unorganised). The report comprises of three sections. Section I of the report provides a general overview of the industry. Section II deals with the nuances of organised retailing in India. Section III provides an overview of the Top-5 industry players, which is followed by a list of Annexures covering extensive industry data.
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