Formats in Indian Organized Retail Sector

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This site provides detail information on Formats in Indian Organized Retail Sector. The site also focuses on the current structure of Indian retail industry.

Formats in Indian Organized Retail Sector and its subsequent successful operation is credited to India Economic System reform earnest in July 1991. Formats in Indian Organized Retail Sector is at its nascent stage. The Central Government have ultimately realized the need to remove the insulation out of the Indian retail sector. Skeptics opines opening up Indian retail industry would jeopardize way of income for the poor small retailers. In fact, the actual story is quite heartening for the small time retailer and its vendors.
  • It is the second fastest growing economy of the world
  • Potential to be the third largest economy in terms of GDP in next few years
  • It ranks high amongst the top 10 FDI destinations of the world
  • Fastest growing tourist market in Asia
  • World bank states, India to be worlds second largest economy after China by the year 2050
  • Stable and investor friendly Central Government at the helm of affairs
  • Introduction of Value Added Tax or VAT and tax reforms
  • High degree of professionalism and corporate ethics
  • Excellent Investment opportunities in Indian retail sector and in allied sectors; sure and high returns on investments
  • To invest US $130 billion for the development of infrastructure, by year 2010
  • To attract US $ 10 billion FDI for infrastructure development by the end of year 2008
  • Bullish stock markets
  • Hordes of foreign investors are thronging in to invest in Indian retail markets
  • Highly educated English speaking young workforce
  • Vibrant and multi cultured cities
  • Huge opportunity exists, especially in semi-rural and rural areas
  • Till date the second largest employer after agriculture sector, for the huge semi-skilled Indian population
  • Offers highest shop density in the whole world
  • Having almost 1,20,000 shops, across the length and breadth of the country
  • In a nascent stage of development as an organized industry
Formats in Indian Organized Retail Sector -
  • Supermarkets
  • Hypermarkets
  • Department Stores
  • Modern format individual retailers
  • Shopping malls
  • Specialty Chains

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