KIRANA V/S RETAIL

H

hitesh_theking21

Hitesh Thakker
Can anyone pls help me out with " Kirana Vs Retail stores ( Malls) pls . atleast help me with the head points of that project.

i have much information and the newspapers cutting etc. but i m not able to properly allocate it so i want ur help pls management paradisers help me out ad in return u would get some more info abt the project that i have .

thanks regards,

Hitesh Thakker
 
Wall Mart, Reliance and other big shopping malls are coming in a big way. what will be the fate of our retail fraternity.


comments
Sandeep
as jatin said, if we want to survive, we need to concentrate on such products, which malls would not be able to compete. all such goods which are very trendy will be in the hands of small shopkeepers. malls will never be able to compete in goods like designer/bridal salwar kameez, sarees or ethnic mens wear. nobody has ever been successful to open chain stores for such products as it needs personal attention and purchase and sales head should be the same, this is not possible for malls who believe in bulks.
Our business will suffer.
Jatin
If we take standard product which is avilable all over India, for that matter all over world, Like a brand as Levis, then we cannot beat them. But if we creat something designer in all the items that levis makes then we can survive. There r lots of good brands of shirts, but they all make plain & formal shirts. But if we make some designer shirts, then we can do well. Like wise even in foodgrains if we give QUALITY product then we can do well. The need of the hour is that we as a VAGAD should open a Co-Operative for some products ( Which we can identify & later add more), Purchase them uin bulk, & the small retailers should buy from these co-operatives for selling at a fixed MRP. I think this way we can definately beat them. We should develop "Vagad"as a BRAND. We should incorporate their selling & buying Stratagies & expand further. We already have our own VAGAD Bank. We already have lots of Talanted ppl working for Multi-national Cos. Y not pool in their resources & strengthien our OWN community, "VAGAD". I
Our business will suffer.
viral
i think it depends upon the business module each one has. mostly the ones who are in selling commodity goods(i.e. general stores n all) will suffer a bit because the things which they sell would be available in all big retail stores at much lower price.
But those retailers who are providing value added servises to their customers will sustain the heat.
We will sustain bcos we know market.
Dhaneek
i do agree with jatin .......

well to b honest its only like bulk n joint purchasing tht will help us to grow.......

in vagad we have so many grain retail shops.....even my dad own one in ghatkopar.....central stores.....

we are knw for grain quality n........ bt these gaint give at cheap price bt nt quality......so we have ppl coming in for quality grain....actually

i think we as a vagad should form some co op organisationm for joint n bulk purchase tht way we cn n we will b able to cut down the bulk purchase cost.......

wht do u people say abt this????
Our business will suffer.
Jatin
I am into Retailing of Salwar Kameez. I can beat them only if I specialize i.e. if I make my collection as Designer or Studio or I cater to Individual ppl. If I go for bulk or Mass then I will suffer. I have noticed that ppl prefer Westside for cottons. Even my wife prefers cotton from Westside & not my shop. But when it comes to designer Salwar kameez, my shop is too good. I bet Reliance or Big Bazaar or for that matter any other brand cannot beat me. Like wise in western outfits we cannot compete with big brands. The latest styles, variety, amount of collection, Ambiance, etc, is too good. Even the service they give is fantastic. So to say that we will be wiped out with the big brands comming in is partly right & partly wrong.
Our business will suffer.
Anant
We will Suffer If v dont change our Shops.
We need to modernise them, make our services efficient, never Say No to Customers, Do Cost cutting, Also do Joint Purchasing which help in Fightin against low prices offered by malls.
Our business will suffer.
jatin
Yes.. i think we can fight with the big reatilers very well.It is only the matter of fact we have to change the style of business wat we r doing currently..This i can say from my personal experience since i m working with Future Group (Big Bazaar/Pantaloons) and i knw where they lack behind. It is just a matter of thinking wat we develop. And the current generation of Vagad is capable enough to fight them.We just need to rethink on our strategies and the target customers whom we want to sell...
We will sustain bcos we know market.
Jinal
@Chetan...
Good that you've thrown this question for everyone's opinion. I don't think there's any thumb rule saying "Biggies Conquer". Many things will decide on one's sustainability.
Your ability to innovate, creating niches, giving overwhelming services, making use of IT, making cartels for purchasing with your YESTERYEAR COMPETITORS (rather than competing with him on price grounds... I'm not against healthy & value-adding competition).
With changing times you will have to change-there's no way out.
 
hey members,
wallmart carrefore ikea target each of this names r coming in india but what we need to concentrate is our own core competencies our competencies do lie in rural sector too ... if u visit reliance fresh outlet in the outskirts area of city ull see that consumer base is still very high ... people r ready to spend many big names do have their retail in rural areas too bt the service is nt up to the level ..... so we must concentrate on tht area too ... south indian player like nilgiris n subhiksha is great success if u maintain tht kind of services as u r providin in retail then these can grow like anythin .... in case of these giants like wall mart i can tell u one thin as far as i noe these ppl do match perfection n it will be tough to give thm an head on bt still we need to do our work cater rural market as it is done in urban n success will be ours .... we shd allow them to enter n set a bench mark for us and competition shd remain healthy .. india is stiill unorgaised wen it comes to retail 96% is still has to be organised

regards
abhinav
 
hey cn u mail me d pro 2mrow ...coz ive to submit dat on 7 so plzzz plzzz mail me as early as possiblr
 
Last edited by a moderator:
if by malls u mean the supermarkets like the big bazaar then the answer is yes.It is one stop shopping,prices are low and everyone is happy.But in a large country like India there will always be a palce for local kirana stores also.I don't like the lack of hygiene in the small stores so I buy at big bazaar.

here is one site which will help u

India Reports - Retail Newsletter - Dec 2006
 
The Indian Retail Sector






​
Lakshmi Narayanaswamy (203/43)
Mudit Sharma (222/43)







Industry Evolution
​

  • Traditionally retailing in India can be traced to
    • The emergence of the neighborhood ‘Kirana’ stores catering to the convenience of the consumers
    • Era of government support for rural retail: Indigenous franchise model of store chains run by Khadi & Village Industries Commission
  • 1980s experienced slow change as India began to open up economy.
  • Textiles sector with companies like Bombay Dyeing, Raymond's, S Kumar's and Grasim first saw the emergence of retail chains
  • Later Titan successfully created an organized retailing concept and established a series of showrooms for its premium watches
  • The latter half of the 1990s saw a fresh wave of entrants with a shift from Manufactures to Pure Retailers.
  • For e.g. Food World, Subhiksha and Nilgiris in food and FMCG; Planet M and Music World in music; Crossword and Fountainhead in books.
  • Post 1995 onwards saw an emergence of shopping centers,
    • mainly in urban areas, with facilities like car parking
    • targeted to provide a complete destination experience for all segments of society
  • Emergence of hyper and super markets trying to provide customer with 3 V’s - Value, Variety and Volume
  • Expanding target consumer segment: The Sachet revolution - example of reaching to the bottom of the pyramid.
  • At year end of 2000 the size of the Indian organized retail industry is estimated at Rs. 13,000 crore





Retailing formats in India
​

  • Malls:
The largest form of organized retailing today. Located mainly in metro cities, in proximity to urban outskirts. Ranges from 60,000 sq ft to 7,00,000 sq ft and above. They lend an ideal shopping experience with an amalgamation of product, service and entertainment, all under a common roof.Examples include Shoppers Stop, Piramyd, Pantaloon.


  • Specialty Stores:
Chains such as the Bangalore based Kids Kemp, the Mumbai books retailer Crossword, RPG's Music World and the Times Group's music chain Planet M, are focusing on specific market segments and have established themselves strongly in their sectors.



  • Discount Stores:
As the name suggests, discount stores or factory outlets, offer discounts on the MRP through selling in bulk reaching economies of scale or excess stock left over at the season. The product category can range from a variety of perishable/ non perishable goods


  • Department Stores:
Large stores ranging from 20000-50000 sq. ft, catering to a variety of consumer needs. Further classified into localized departments such as clothing, toys, home, groceries, etc.



  • Department Stores:
Departmental Stores are expected to take over the apparel business from exclusive brand showrooms. Among these, the biggest success is K Raheja's Shoppers Stop, which started in Mumbai and now has more than seven large stores (over 30,000 sq. ft) across India and even has its own in store brand for clothes called Stop!.


  • Hypermarts/Supermarkets:
Large self service outlets, catering to varied shopper needs are termed as Supermarkets. These are located in or near residential high streets. These stores today contribute to 30% of all food & grocery organized retail sales. Super Markets can further be classified in to mini supermarkets typically 1,000 sq ft to 2,000 sq ft and large supermarkets ranging from of 3,500 sq ft to 5,000 sq ft. having a strong focus on food & grocery and personal sales.



  • Convenience Stores:
These are relatively small stores 400-2,000 sq. feet located near residential areas. They stock a limited range of high-turnover convenience products and are usually open for extended periods during the day, seven days a week. Prices are slightly higher due to the convenience premium.


  • MBO’s :
Multi Brand outlets, also known as Category Killers, offer several brands across a single product
category. These usually do well in busy market places and Metros.





Retailing formats in India

India’s number of Domestic grocery chains and Early Foreign Entrants





Recent Trends
​

  • Retailing in India is witnessing a huge revamping exercise as can be seen in the graph
  • India is rated the fifth most attractive emerging retail market: a potential goldmine.
  • Estimated to be US$ 200 billion, of which organized retailing (i.e. modern trade) makes up 3 percent or US$ 6.4 billion
  • As per a report by KPMG the annual growth of department stores is estimated at 24%
  • Ranked second in a Global Retail Development Index of 30 developing countries drawn up by AT Kearney.


Retail Sales in India





Unorganized : Vast majority of the twelve million stores are small "father and son" outlets
Fragmented : Mostly small individually owned businesses, average size of outlet equals 50 s.q. ft. Though India has the highest number of retail outlets per capita in the world, the retail space per capita at 2 s.q. ft per person is amongst the lowest.
Rural bias: Nearly two thirds of the stores are located in rural areas. Rural retail industry has typically two forms: "Haats" and “Melas". Haats are the weekly markets : serve groups of 10-50 villages and sell day-to-day necessities. Melas are larger in size and more sophisticated in terms of the goods sold (like TVs)









Traditionally three factors have plagued the retail industry:
​
Experimentation with formats: 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.
Store design : Biggest challenge for organised retailing to create a “customer-pull” environment that increases the amount of impulse shopping. Research shows that the chances of senses dictating sales are upto 10-15%. Retail chains like MusicWorld, Baristas, Piramyd and Globus are laying major emphasis & investing heavily in store design.
Emergence of discount stores: They are expected to spearhead the organised retailing revolution. Stores trying to emulate the model of Wal-Mart. Ex. Big Bazaar, Bombay Bazaar, RPGs.
Unorganized retailing is getting organized: To meet the challenges of organized retailing such as large cineplexes, and malls, which are backed by the corporate house such as 'Ansals' and 'PVR‘ the unorganized sector is getting organized. 25 stores in Delhi under the banner of Provision mart are joining hands to combine monthly buying. Bombay Bazaar and Efoodmart formed which are aggregations of Kiranas.

Recent changes:

​
Recent Trends contd. ​





Recent Trends contd.
​

  • Multiple drivers leading to a consumption boom:
    • Favorable demographics
    • Growth in income
    • Increasing population of women
    • Raising aspirations : Value added goods sales
  • Food and apparel retailing key drivers of growth
  • Organized retailing in India has been largely an urban phenomenon with affluent classes and growing number of double-income households.
  • More successful in cities in the south and west of India. Reasons range from differences in consumer buying behavior to cost of real estate and taxation laws.
  • Rural markets emerging as a huge opportunity for retailers reflected in the share of the rural market across most categories of consumption
    • ITC is experimenting with retailing through its e-Choupal and Choupal Sagar – rural hypermarkets.
    • HLL is using its Project Shakti initiative – leveraging women self-help groups – to explore the rural market.
    • Mahamaza is leveraging technology and network marketing concepts to act as an aggregator and serve the rural markets.
  • IT is a tool that has been used by retailers ranging from Amazon.com to eBay to radically change buying behavior across the globe.
  • ‘e-tailing’ slowly making its presence felt.
  • Companies using their own web portal or tie-sups with horizontal players like Rediff.com and Indiatimes.com to offer products on the web.





Major Retailers
​



  • India’s top retailers are largely lifestyle, clothing and apparel stores
  • This is followed by grocery stores
  • Following the past trends and business models in the west retail giants such as Pantaloon, Shoppers’ Stop and Lifestyle are likely to target metros and small cities almost doubling their current number of stores
  • These Walmart wannabes have the economy of scale to be low –medium cost retailers pocketing narrow margin


Leading Retailers





India vs. World
​

  • Indian retail is fragmented with over 12 million outlets operating in the country. This is in comparison to 0.9 million outlets in USA, catering to more than 13 times of the total retail market size as compared to India
  • India has the highest number of outlets per capita in the world - widely spread retail network but with the lowest per capita retail space (@ 2 sq. ft. per person)
  • Annual turnover of Wal-Mart (Sales in 2001 were $219 billion) is higher than the size of Indian retail industry. Almost 100 times more than the turnover of HLL (India's largest FMCG company).
  • Wal-Mart - over 4,800 stores (over 47 million square meters) where as none of India's large format store (Shoppers' Stop, Westside, Lifestyle) can compare.
  • The sales per hour of $22 million are incomparable to any retailer in the world. Number of employees in Wal-Mart are about 1.3 million where as the entire Indian retail industry employs about three million people.
  • One-day sales record at Wal-Mart (11/23/01) $1.25 billion - roughly two third of HLL's annual turnover.
  • Developed economies like the U.S. employ between 10 and 11 percent of their workforce in retailing (against 7 percent employed in India today).
  • 60% of retailers in India feel that the multiple format approach will be successful here whereas in US 34 of the fastest-growing 50 retailers have just one format
  • Inventory turns ratio: measures efficiency of operations. The U.S. retail sector has an average inventory turns ratio of about 18. Many Indian retailers KPMG surveyed have inventory turns levels between 4 and 10.
  • Global best-practice retailers can achieve more than 95 percent availability of all SKUs on the retail shelves (translating into a stock-out level of less than 5 %).The stock-out levels among Indian retailers surveyed ranged from 5 to 15 percent.





Future direction: Positives
​

  • AT Kearney has estimated India’s total retail market at US$ 202.6 billion which is expected to grow at a compounded 30 per cent over the next five years.
  • With the organised retail segment growing at the rate of 25-30 per cent per annum, revenues from the sector are expected to triple from the current US$ 7.7 billion to US$ 24 billion by 2010.
  • The share of modern retail is likely to grow from its current 2 per cent to 15-20 percent over the next decade
  • Over next two years India will see several Indian retail businesses attaining a critical mass as growth in the industry picks up momentum driven by two key factors:
    • Availability of quality real estate and mall management practices
    • Consumer preference for shopping in new environments
  • Wal-Mart : huge plans for India. Moving a senior official from its headquarters in Bentonville, Arkansas, to head its market research and business development functions pertaining to its retail plans in India.
  • New York-based high-end fashion retailer Saks Fifth Avenue has tied up with realty major DLF Properties to set up shop in a mall in New Delhi.
  • Tommy Hilfiger, retailer of apparels, expects to open one store each in Delhi, Ahmedabad, Lucknow and Bangalore in the next four months.





Future direction: Concerns
​

  • 68 million square feet of mall space is expected to be available by end of 2007, which might lead to over-capacity of malls
  • Lack of differentiation among the malls that are coming up. One option may be to look at specialization.
  • Poor inventory turns and stock availability measures - retailers clearly need to augment their operations.
  • Operations of retailers and suppliers are not integrated. Efficient replenishment practices practiced in the Indian auto and auto-component industry can be leveraged to implement efficient supply chain management techniques.
  • Supplier maturity, in terms of adherence to delivery schedules and delivering the quantity ordered, is an issue
  • Sales tax laws - lead to retailers having state-level procurement and storage leads to Indian retailers having higher inventories. VAT has helped alleviate this a bit.
  • Increased adoption of IT and shrinkage management will be a critical area.
  • Supply chain and customer relations followed by merchandising, facilities management and vendor development are areas which have significant gaps and proactive training is a key imperative for overcoming these.





Sources
​

  • AT Kearny
  • Forrester Research 2006
  • KPMG-FICCI Report
  • http://www.indiainbusiness.nic.in/
 
Good post. :)

Here some more stuff...

Retail




India tops the AT Kearney's annual Global Retail Development Index (GRDI) for the third consecutive year, maintaining its position as the most attractive market for retail investment. Furthermore a report by PricewaterhouseCoopers foresees India and China to continue as the top sourcing hubs in retail and consumer sector in the coming years.

The Indian retail market, which is the fifth largest retail destination globally, according to industry estimates is estimated to grow from the US$ 330 billion in 2007 to US$ 427 billion by 2010 and US$ 637 billion by 2015. Simultaneously, modern retail is likely to increase its share in the total retail market to 22 per cent by 2010.

Continuing the robust growth of the organised retail in India, according to the Credit Rating and Information Services of India, the industry raked in US$ 25.44 billion turnover in 2007-08 as against US$ 16.99 billion in 2006-07, a whopping growth rate of 49.73 per cent.

India has one of the largest number of retail outlets in the world. Of the 12 million retail outlets present in the country, nearly 5 million sell food and related products. Thought the market has been dominated by unorganised players, the entry of domestic and international organised players is set to change the scenario.

Organised retail segment has been growing at a blistering pace, exceeding all previous estimates. According to a study by Deloitte Haskins and Sells, organised retail has increased its share from 5 per cent of total retail sales in 2006 to 8 per cent in 2007. The fastest growing segments have been the wholesale cash and carry stores (150 per cent) followed by supermarkets (100 per cent) and hypermarkets (75-80 per cent). Further, it estimates the organised segment to account for 25 per cent of the total sales by 2011.

Retail space

Driven by changing lifestyles, strong income growth and favourable demographic patterns, Indian retail is expanding at a rapid pace. Mall space, from a meagre one million square feet in 2002, is expected to touch 40 million square feet by end-2007 and an estimated 60 million square feet by end-2008, says Jones Lang LaSalle's third annual Retailer Sentiment Survey-Asia.

Alongside, Indian cities are witnessing a paradigm shift from traditional forms of retailing into a modern organized sector. A report by Images Retail estimates the number of operational malls to more than double to over 412 with 205 million square feet by 2010 and further 715 malls by 2015, on the back of major retail developments even in tier II and tier III cities in India.


Luxury retail

With consumers for luxury goods more in numbers than adult population of several countries, the Indian luxury retail market is estimated to leap-frog from around US$ 3.5 billion to US$ 30 billion by 2015, according to a survey done by AT Kearney. India's luxury market, estimated to be the 12th largest in the world, has been growing at the rate of 25 per cent per annum.

Already Indians splurge US$ 2.9 billion on luxury assets, spend another US$ 953 million on luxury services and top it by buying luxury goods worth US$ 377 million. And with a rapidly expanding population of high net worth individuals, India could emerge as the next hub for luxury goods consumption.

Consequently, a number of foreign brands including French Connection, Sanrio of Hello Kitty fame, Jimmy Choo, La Pearla and Calvin Klein among others have already lined up for permission to infuse foreign direct investment through the single-brand retail window.

Kids' retail

When it comes to Indian children, retailers are busy bonding -- and branding:

Monalisa, the Versace of kids, is coming to India.
International brand Zapp tied up with Raymond to foray into kids' apparel.
Disney launched exclusive chains which stock character-based stationery.
Pantaloon's joint venture with Gini & Jony will set up a retail chain to market kids' apparel.
Swiss kidswear brand Milou is collaborating with Tirupur-based Sreeja Hosieries.
French furniture brand Gautier is all set to hit the Indian retail market by the end of the year with a comprehensive range of furniture for children and infants.
The UK based retail chain, Marks & Spencer, is launching its kids' wear categories in India.
Leading the kids' retail revolution is the apparel business, which accounts for almost 80 per cent of the revenue, with kids' clothing in India following international fashion trends. According to research firm KSA Technopak, the branded segment comprises US$ 701.7 million of the total kids' apparel market-size of over US$ 3 billion. Industry experts say kids' retailing will touch annual growth of 30-35 per cent.


Discount Malls

Even as the organized retail market is starting to take off, there has been a concomitant surge in branded discount outlets in India. Top realtors and local retail chains are developing malls in regional boroughs, specifically to sell premium branded goods. At least 50 such malls are to come up in the next two years across the country positioned in the middle-to-the-premium end of the market.

For example, Royal Palms is developing Orchard Road Mall in the western suburbs of Mumbai. Similarly, Akruti Nirman, which is planning to brand its discount malls in Kanjurmag, Ghatkopar, Mumbai and Thane as 'Cityworld', has decided to develop similar malls in Tier II and Tier III cities. Some of the other prominent discount retailers include Pantaloon Retail (India) Ltd's Brand Factory, Arvind Mills Ltd's Megamart andand Provogue (India) Ltd's Promart among others.

E-tailing

The increase in the PC and internet penetration along with the growing preference of Indian consumers to shop online has given a tremendous boost to e-tailing-the online version of retail shopping. An estimated 10 per cent of the total e-commerce market is accounted by e-tailing.

With today's, net-savvy Indians making online purchases like never before, both the number and variety of products sold online has grown exponentially. According to the Indian Marketing Research Bureau (IMRB) and Internet and Mobile Association of India (IAMAI), the e-tail market is estimated to grow by 30 per cent to US$ 273.02 million in 2007-08, from US$ 210.01 million in 2006-07.

In fact, there has been a continuous rise in the number of people accessing the internet. According to online research and advisory firm JuxtConsult's 'India Online 2008', there are over 49 million internet users in India. Significantly, internet penetration (as a percentage of population) has grown to 12 per cent, up 3 per cent from last year's 9 per cent.

Retail Franchising

Along with e-tailing another perceptible trend in the growth of organized retail market has been the concept of retail franchising. According to industry estimates, retail franchising has been growing at the rate of 60 per cent in the last three years and is set to grow two-fold in the next five years.

A number of companies have been taking this route driven mainly by the need to meet the increasing consumer expectations of quality, ambience and brand experience. In addition, this route also helps the big retailer players to rapidly foray into the tier II and III towns and rural areas.

In fact, according to Mr Rod Young, Executive Director, DC Strategy, franchised outlets of leading brands in India are estimated to sell 20 per cent more than the company-owned ones. And with immense potential seen in this segment, the US$ 4 billion franchising industry is likely to see almost two-fold rise in the number of franchisees (from 0.2 million) by 2010.


Rural retail

Led by the rising purchasing power, changing consumption patterns, increased access to information and communication technology and improving infrastructure, rural retail market is estimated to cross US$ 45.32 billion mark by 2010 and US$ 60.43 billion by 2015, says a study by CII and YES BANK.

Consequently, Corporate India is already firming up concrete plans to tap the rural retail market, which is growing at double the rate of urban markets, with innovative schemes and human resource policies. And with 87 per cent of rural markets not having access to any sort of organised marketing and distribution, this segment has tremendous potential for growth.

International Retailers

With international brands like Tommy Hilfiger, Esprit and Puma (that have entered the country) growing well over 100 per cent, many others are also planning to foray into the Indian retail market. India's vast middle class with its expanding purchasing power and its almost untapped retail industry are key attractions for global retail giants wanting to enter newer markets.

The world's largest retailer, Wal-Mart, has tied-up with Sunil Mittal's Bharti Enterprises to enter Indian retail market.
Microsoft's first shop-in-shop pilot has been launched with the Tata Group subsidiary Infiniti Retail's multi-brand consumer durables retail format, Croma.
The Walt Disney Company, consumer product retailing arm of global animation giant, will soon add 135 new stores to its existing 15 stores.
World's leading coffee chain, Starbucks' enters India through a tie-up with the country's leading multiplex operator PVR Limited.
Apple Inc has entered into an exclusive marketing and distribution deal with Reliance Retail through "iStore by Reliance Digital".
The UK-based international coffee chain, Costa Coffee, plans to double the number of retail outlets by the end of 2008.
British retailer Marks & Spencer's has tied with Reliance Retail and plans to open at least 50 new stores in India over the next five years, with an initial investment of up to US$ 58 million.
UK's largest home textile retail chain, Rosebys, which was acquired by Gujarat Heavy Chemicals in 2006, is set to foray into the domestic market this year with a slew of stores.
German sportswear and Apparel Company, Adidas is going in for a major expansion across India, and plans to have a total of about 450 franchisee outlets in the country.
Some of the international players that have already entered India include McDonald's, Pizza Hut, Dominos, Levis, Lee, Nike, Adidas, TGIF, Benetton, Swarovski, Sony, Sharp, Kodak, Medicine Shoppe among others.

Retail Reform

The Government allows 100 per cent foreign direct investment (FDI) in cash and carry through the automatic route and 51 per cent in single brand. Besides, the franchise route is available for big operators. To further attract global retailers, the economic survey 2007-08 has suggested a share for foreign equity in all retail trade and 100 per cent in respect of luxury brands and other specialised retail chains.
 
hitesh_theking21 said:
Can anyone pls help me out with " Kirana Vs Retail stores ( Malls) pls . atleast help me with the head points of that project.

i have much information and the newspapers cutting etc. but i m not able to properly allocate it so i want ur help pls management paradisers help me out ad in return u would get some more info abt the project that i have .

thanks regards,

Hitesh Thakker
Click to expand...

gud topic for presentation, can you help me in finding more such topics?
 
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Retail Reform

The Government allows 100 per cent foreign direct investment (FDI) in cash and carry through the automatic route and 51 per cent in single brand. Besides, the franchise route is available for big operators. To further attract global retailers, the economic survey 2007-08 has suggested a share for foreign equity in all retail trade and 100 per cent in respect of luxury brands and other specialised retail chains.
 
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