PRTODAY / NewswireToday Free press release distribution service network

More news: Retail/Wholesale
Written by / Agency / Source: RNCOS E-Services (P) Ltd

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Retail Chain Stores – Key to the Success of Indian Retail Industry - Today when Indian consumer fails to find refuge from sky rocketing prices, and inflation, the idea of opening up more retail stores in this country to bring down the costs comes as the ultimate respite
Retail Chain Stores – Key to the Success of Indian Retail Industry

 

NewswireToday - /newswire/ - Delhi, New Delhi, India, 2007/04/16 - Today when Indian consumer fails to find refuge from sky rocketing prices, and inflation, the idea of opening up more retail stores in this country to bring down the costs comes as the ultimate respite.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Retail/Wholesale Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Inflation and price rise have long been the causes of worry among the Indian consumers, however the government seems to have gone in deep slumber about this issue. In such a scenario the very thought that the attempt of setting up retail chain stores in this country could help control prices comes like a cool breeze in sweltering summer.

Retail sale is being encouraged in India by launching counters and shops under Reliance Fresh’s umbrella. Presently there are 70 retail stores of Reliance Fresh in the country, and out of these 20 are located in NCR (National Capital Region) alone. The promoters and organizers are optimistic and positive that the retail-sales depots may help in containing the soaring prices.

The retail industry in India was worth about US$ 300 Billion in 2006 and will likely reach US$ 427 Billion, and US$ 637 Billion by 2010 and 2015, respectively. Merely three percent retail in India is organized. Multiple brands’ retailers may operate via a wholesale model ‘cash-and-carry’ or a franchise.

According to reports from various parts of India, retail chains such as retailers & corporate agri buyers like the ITC are swirling traditional fruits & vegetables markets. By acquiring in bulk straight from the doorstep of farmers, and booking the future harvests too, these retailers are picking up business from traditional mandis.

Indian retail industry is gradually progressing towards a boom. The concept of shopping has come across a revolutionary change. This change is reflected in terms of shopping formats and buying pattern of consumers. Modern retail has made its way into the country as can be seen in sprawling one stop shops in the form of multi storeyed malls, huge shopping complexes, shopping centers. These one-stop-shops provide the consumers not only with the stuff or services they want to buy but also with fun while shopping from there.

As per the RNCOS report “India Retail Sector Analysis (2006-2007)”, India has highest density of retail in the world. Presently, there is one retail outlet per 100 people. The success of retail formats here can be attributed to the rise of shopping malls in this country. Malls have come across a good growth over the last 3-4 years. Increasing demand for retail space from apparel, food, consumer durables, and multiplex operators has given boost to shopping malls’ growth in India.

This research report on “India Retail Sector Analysis (2006-2007)” provides extensive research and objective analysis of the Retail Sector in India. The report finds that Indian organized retail will form 10% of total retailing by the end of this decade. In the meantime, the organized sector will grow at the rate of around 30% per annum.

The report further finds that cultural and regional differences in India are the biggest challenges in front of retailers. These factors deter retailers in India to adopt a single retail format.

About RNCOS E-Services Pvt Ltd

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of industry experts who analyze data collected from credible sources. They provide industry insights and analysis that helps corporations to take timely and accurate business decision in today's globally competitive environment.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Retail/Wholesale Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: RNCOS E-Services (P) Ltd

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Retail/Wholesale articles,
CATCH Visitors via Your Competitors Announcements!


Retail Chain Stores – Key to the Success of Indian Retail Industry

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Shushmul Maheshwari 
+91 12 04224700 press[.]rncos.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any RNCOS E-Services (P) Ltd securities in any jurisdiction including any other companies listed or named in this release.

Retail/Wholesale via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From RNCOS E-Services (P) Ltd / Company Profile


Read Retail/Wholesale Most Recent Related Newswires:

World's First See through 'Child On Board' Sticker Prevents Accidents, Promotes Safety
Retail IT Specialist Detego Launches New Software for Omni - Channel Retailing
Online Grocery Store Somaya’s Kitchen Launched in the United Kingdom
Author & CEO of Market Viewpoint, Angela Megasko Presents At MSPA-NA’s Annual Shopperfest in Las Vegas, Nevada
Oracle and Snapchat Measure Impact of Snap Ads On Sales in Stores
Russian Grocery Leader O’KEY Selects JDA to Drive Higher Sales and Profits
Rose Pharmacy Leverages JDA Merchandise Management System to Improve its Customer-centric Focus
RAANGE Interactive Secures One Million Customer Leads in 6 Months for Retailers
ARCH Design Relocates to 30,000-Square-Foot Facility
Azoth Analytics Releases 2015-2020 Global Handbags Market Trends, Opportunities and Forecasts
spexGrip Introduces Innovative Glasses Holder
Belle Lingerie Celebrates 10 Years of Online Trading
iControl Recognized as One of the Best Entrepreneurial Companies in America by Entrepreneur Magazine
Aurorae Launches Aqua Division with Sport & Swim Towel Line
Sinesy Unveils First Fashion Buying Digital Solution - PickTOUR

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)