report on ion retail in india

7/31/2019 Report on ion Retail in India

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SUBMITTED TO:

P.G. DEPARTMENT

OF COMMERCE

SUBMITTED BY:

DAVINDER SINGH

M.COM 1STROLL. NO.8310

2010-2011

MATA GUJRI COLLEGE (F.G.S)


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TABLE OF CONTENTSMEANING OF ORGANIZED RETAIL IN INDIAEVOLUTION OF RETAILINGCLASSIFICATION OF RETAIL EVOLUTION IN INDIA

MAJOR INDIAN RETAILOROPENING THE DOOR -51%PERMITTED TO SINGLE BRANDRETAILFEW INTERNATIONAL RETAILORS HAVE SIGNIFICANTPRESENCE IN INDIA

ADVANTAGE AND DISADVANTAGE OF ORGANIZED RETAILCHALENGES FACING BY THE ORGANIZED RATAIL INDUSTRYCONTRIBUTION TOWARDS GDP AND EMPLOYMENTCONCLUSION


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MEANING OF ORGANIZED RETAIL ININDIA

ORGANIZE RETAILING REFERS TO TRADING

ACTIVITIES UNDERTAKEN BY LICENSED

RETAILORS,THAT IS,THOSE WHO ARE

REGISTERED FOR SALES TAX,INCOME TAX,ETC


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EVOLUTION OF RETAILINGTHE EMERGENCE OF RETAILING IN INDIA NOW

HAS MORE TO DO WITH THE INCREASINGPURCHASING POWER OF BUYERS,ESPECIALLYPOST-LIBERALISATION INCREASE IN PRODUCT

VARIETY AND THE INCREASING ECONOMIES OF

SCALE WITH THE AID OF MODERN SUPPLY ANDDISTRIBUTION MANAGEMENT SOLUTIONS


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CLASSIFICATION OF RETAILEVOLUTION IN INDIA

INITIATION

CONCEPTULIZATION

RETAIL EXPANSION

CONSOLIDATION AND

GROWTH


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MAJOR INDIAN RETAILOR

RETAILERS SPACE Sq. Ft. TURNOVER

PENTALOON 5mn 20bn

K.RAHEJA GROUP 75200 6.75bn

TATA GROUP 4lakh 3.58mn

SUBHIKSHA 1mn 3.34bn

R.P.G GROUP 6 lakh 4.5bn


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Opening the door partly 51% FDIpermitted to Single Brand Retail

The most significant development in regulatory aspects

influencing the Indian retail industry is the governmentsdecision to allow foreign direct investment (FDI) up to51% in retail outlets meant exclusively for single brands.Previously single brands had to enter India only through

joint ventures or the franchisee route. Now brands canenter with a majority stake of 51% along with a localpartner. This definitely gives the international brands

more space to play ground.


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FEW INTERNATIONAL RETAILORS HAVESIGNIFICANT PRESENCE IN INDIA


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Advantages:-

Monumental increment in economic growth

Employment generation by the organized retail sector

Good competition means better products & services

Disadvantages:-

The companies with superior resources would muscle out theones inferior to them.

Monopolization of the organized retail sector

ADVANTAGE AND DISADVANTAGE OF

ORGANIZED RETAIL


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CHALENGES FACING BY THE ORGANIZE

RETAIL INDUSTRY

The major constraint of the organized retail market in India is the

competition from the un-organized sector. Traditional retailing hasbeen deep rooted in India for the past few centuries and enjoys the

benefits of low cost structure, mostly owner-operated, therein

resulting in less labor costs and little or no taxes to pay. Consumer

familiarity with the traditional formats for generations is the greatest

advantage to the un-organized sector. On the contrary, organizedsector have big expenses like higher labour costs, social security to

employees, bigger premises, and taxes to meet.


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CONTRIBUTION TOWARDSGDP AND EMPLOYMENT

ORGANIZED retail sector has witnessed a

CAGR of around 35 per cent over the past

five years and currently contributing

around 10 per cent to the countries GDP &

eight percent of the employment.


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CONCLUSIONFinally, it is important to note that value is function of not just

price, quality and service but can also be enhanced by

personalization and offering a memorable experience. In fact,

building relationships with customers can by itself increase the

quality of overall customer experience and thus the perceived

value. But most importantly for winning in this intensely

competitive marketplace, it is critical to understand the target

customer's definition of value and make an offer, which not

only delights the customers but also is difficult for competitors

to replicate.


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report on ion retail in india

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