Indian Retail Analytics: An Indepth Study Of Indian Retail Market Its Dimension, Oppurtunities, Problems And Prospects

Indian Retail Analytics: An Indepth Study Of Indian Retail Market Its Dimension, Oppurtunities, Problems And Prospects

Indian retail organisations need to be prepared for a quick scale up across various dimensions viz: people, processes, supply chain, and technology in addition to identifying the right retail formats and value proposition for the Indian consumer.The Indian Retail sector has caught the world’s imagination in the last few years, topping the list of most attractive retail destination for three years in a row. It had retail giants like Wal-Mart, Carrefour, and Tesco sizing up potential partners and waiting to enter the fray . Modern Retail has seen a significant growth in the past few years with large scale investments made by Indian corporate houses primarily in Food and Grocery retailing in a bid to capture the large potential of the USD 300 Billion market. Foreign apparel brands including luxury brands have set up shop in India through Franchisee/ Joint Venture route and have expanded rapidly in the last few years. Multi-brand retailing has currently been banned for foreign investment. For global retailers who have not been seeing large organic growth, India provides a lucrative market for them to grow their top line and profitability. Some global retailers are currently operating