Specialty Stores

This site provides detailed information on Specialty Stores of India. The site also focuses on the current status of specialty stores operating in India.

Specialty Stores of India and its subsequent successful operation is credited to India Economic System reform earnest in July 1991. Specialty Stores of India is at its nascent stage and heading for a stupendous growth in the near future. The Central Government has ultimately realized the need to remove the insulation out of the Indian retail sector. Skeptics opine that opening up of 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. Both, Indian and international market leaders are pouring into the Indian market to encash on the specialty stores retail boom. In fact, some industry leaders operating in other sectors are also diversifying into specialty stores sector.

Specialty Stores of India - the key advantages are:

• Ranks 5th on global retail development index
• It is the second fastest growing economy of the world
• 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 world's 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 segment of the 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

Specialty Stores of India, like -

• Pantaloons
• Steel junction
• Metal junction
• Food bazar
• Haldiram bhujiwala
• Music world
• Nokia world
• Sony world
• Khadims
• Adidas
• Bata
• Raymonds,
• Ganguram
• KC Das
• Bausch and Lomb
• Apollo pharmacy
• Sifyiway

are doing good business and the profit margin of these Specialty Stores of India are rising every year.