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Overall strategydevelopment for the Indian retailing sector is governed by the followingdevelopments in the recent years.
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1. What are the strategic issues in retailing in India? Compare and Contrast them with strategic issues in international Retailing? Overall strategy development for the Indian retailing sector is governed by the following developments in the recent years. SIZE: Indian private consumption in the year 2000-01 is estimated at about Rs 1,250,000 Crores. Simplistically put, this is therefore the size of total retail business in India. The present retail business is largely accounted for by over 12 Million retail outlets of all shapes and formats, and supported by street vendors, hawkers, food service outlets as well as periodic street Bazaars and Haats. Organized retailing accounts for a mere Rs 14,000 Crores or so (about 1.25%). INEFFICIENCY OF TRADITIONAL FORM: 1. Retailers themselves : the average retailer earns less that Rs. 10,000 per month for all his effort, his support staff gets even less; 2. Consumers: The typically end up paying substantially...
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