Wednesday, November 28, 2007

blog4u

India Opportunities: Retailing in India.

There are over 15 million retail outlets spread across India, stamping
The country with epithet: “Shopkeepers` Nation”. More than 80%
Of these 15 million outlets are run as small family businesses. India’s
largest number of small business are in the business of retail.The striking feature of today’s Indian retail scene is the duality which
has lately emerged forming the basis of modern and tradition retail in
India. However small traders, comprised of traditional retail, have
Conspicuous presence controlling 96% chunk of the retail sector and
Ingress of large corporate and foreign retailers has made them occupy
4% of retail segment introducing modern retail in the Indian market.

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