The India Retail Report 2009 compiled by research group Images F&R Research is again optimistic about Indian Retail Industry. As per the report, spiralling income and rising economic growth (I don’t know where it is) will fuel the growth of industry and it will touch Rs. 18,10,000 crore by 2010. Organized Retail is expected to constitute 13% of it i.e. Rs. 2,30,000 crore. The report says that though people are perceiving that organized retail will hit mom & pop format hard, but modernizing retail will generate employment for 15 million people in different activities.
The report is based on rising economic growth rate of 8-9 per cent and a hike in average salaries by about 15 per cent which may trigger the rate of consumption. But with subprime crisis in US, Indian companies are also affected in big way, and even stock market is suffering. We hear news of cost cutting and layoffs daily. So, I don’t know how far it is right to believe growth rate of 8-9% and hike of 15%.
Food and grocery dominated the retail segment with 59.5 per cent share valued at Rs 7,92,000 crore, followed by clothing and accessories with a 9.9 per cent share at Rs 1,31,300 crore.
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Rajeev Damani
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June 9th, 2009 at 1:13 pm
looking for information on the indian retail industry snap shot. Strategic analysed data of the indian retailers as per their market share % and business done till 2009 .
July 30th, 2009 at 6:49 pm
In INDIA retail is a booming sector. there r lots of job opportunity in this sector & its growing up very fast. at present modern retail format covered a few amount of market.its only around 18% of total market shear.
July 30th, 2009 at 7:04 pm
organized retail formats has changed the lifestyle of every people.it give a unique shopping experience, convenience environment & lots of fun.
August 3rd, 2009 at 4:49 pm
with over 33% of the population below 15 and a rise in the consumer spending india is poised to take a leap forward in the retail segment.no doubt it has been hit a little by the meltdown with indian exports suffering,but its all a temporary phase,with india being least affected due to its high domestic demand.
afterall every cloud has a silver lining and every night is followed with optimism of daylight
cheers……
August 12th, 2009 at 3:32 pm
Would like to understand whether this industry will be a good paying industry >>>>If you have margin structure would request you to make us understand what net margin can be expected and by when…why so many retailers are in bad shape…what went wrong..
August 13th, 2009 at 1:21 pm
Dear Sandeep,
Could not particularly understand your query on “good paying” and “net margins expected”. Would request you to post the query in specifics for the team to help you solve it.
Individual product categories have different margins and each vertical is treated differently. If you look at employability, retail is definately right there in the top and consolidation is what retailers are doing, http://bimtech-retail.com/blog/2009/expansion-or-consolidation/ as suggested by Rajeev.
December 6th, 2009 at 7:40 pm
looking for information on diff retail companies market share% in india
December 27th, 2009 at 7:53 am
Dear Sir,
I want the Indian retail Reports for my Ph.D work. Where can I get the reports
thank you,
payal
January 17th, 2010 at 11:06 am
dear i also want Indian retail report for my project of MBA. if u have than plz send me.
March 23rd, 2010 at 2:22 pm
Dear Sir,
i want indian retail report for my career.
March 31st, 2010 at 3:18 pm
Hi,
I am looking for the Indian Retail Report 2009.
My area of focus is Mobile Retailing which constitutes of only 2% of the total Retailing sector.
Could you help me with the report which mainly focuses on Mobile Retailing.