High Street Shops

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This site provides detailed information on High Street Shops of India. The site also focuses on the current scenario of Indian high street shops.

High Street Shops of India are predominantly unorganized. Indian high street shops are varied and scattered. High Street Shops of India generally occurs in small tufts and sells products that are very relevant to economic needs of that particular area. For example, the High Street Shops in villages offer groceries and daily use commodities that are generally unbranded and cheaper in price and quality. High Street Shops in towns and cities are more organized and sells daily use commodities along with luxury items. Generally, these High Street Shops of India sells branded products from Indian and foreign manufacturers respectively. Although, the consumerism is showing a rising trend in India, but the majority of the semi-rural and rural market is untapped. Huge opportunity exists in organized retailing in India.

High Street Shops of India and its stupendous growth is credited to India Economic System reform earnest in July 1991. The important parameters of Indian Economic System showed prominent increase. The economic liberalization of Indian economy resulted from enactment of liberal financial and economic policy. This in fact, has removed the insulation from the Indian market. Foreign Direct Investments started to flow into the Indian domestic markets. The Indian retail market is at its nascent stage. The Central Government has ultimately realized the need to remove the insulation out of the Indian retail sector. Skeptics opines that opening up the Indian retail industry would jeopardize the way of income for the poor small retailers. In fact, the actual story is quite heartening for the small time retailer and its vendors.

High Street Shops of India - opportunities galore - the key attractive points are -
  • 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 segment of 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