Supermarkets

Overall Rating: star ratingstar ratingstar ratingstar ratingstar rating[4/5]Total Votes [ 3 ]  
Rate this page:
This site provides detailed information on Supermarkets of India. The site also focuses on the current status of Supermarkets operating in India.

The concept of Supermarkets is not new to Indian consumers. Actually, the British colonial government introduced the idea of Supermarkets to facilitate its officers with access of all household goods under one roof. Supermarkets in India houses varied shops selling different types of essential commodities along with luxury items. These Supermarkets are mainly concentrated in urban areas or semi-urban areas. Supermarkets operating in India typically has a heterogeneous mixture of large and small individual retailers. Most of these Supermarkets sell branded products of both, domestic and international manufacturers. Supermarkets of India offer products with different price bands for each and every sections of urban society.

Supermarkets - the advantages of doing business in India are -
  • Ranks 5th on global retail development index
  • It is the second fastest growing economy of the world
  • Going 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 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
With increased consumerism post India Economic System reform earnest in July 1991, the Supermarkets in India are regaining their lost importance. Moreover, this consumerism has spread its tentacles to semi-rural areas also, leaving tremendous scope of growth in semi-rural and rural areas also. The Central Government has ultimately realized the need to remove the insulation out of the Indian retail sector. Skeptics opine that opening up the retail sector in India 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 Supermarkets boom.