The Indian retail sector is very fragmented with above 12 million smaller, unorganized outlets. On the other hand, arranged retail is expanding swiftly, estimated to triple in size to $24 billion by 2010. Fashionable retail formats are spreading from urban to rural locations and deepening their existence across India.
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The document gives an outline of retailing in India. It discusses that structured retail currently contributes only two% of overall retail product sales in India but is increasing rapidly. As incomes and western life develop amid India's Center class, situations are favorable for arranged retail chains like Shoppers End and Westside to develop.
2) Present users like ferry passengers and office workers are certainly not sufficient to support all retail Place. 3) Suggestions incorporate reworking the reduce floor flooring right into a "attractive purchasing Neighborhood" for youth focused on a singular shopping encounter more than certain merchandise. A pub/cafe space and Reside songs are recommended to appeal to patrons.
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The doc provides information on the retail market in India. It discusses the types of retail formats in India, such as structured and unorganized sectors. It notes the organized retail sector accounts For under 4.
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