FratFiles

• Save Paper

Tarannum M Sarwar
October 11, 2006
1. An Overview of the Retail sector:
The Indian retail sector is highly fragmented with 97% of its business being run by the unorganized retailers like the traditional family run stores and corner stores. The organized retail however is at a very nascent stage though attempts are being made to increase its proportion to 9-10% by the year 2010 bringing in a huge opportunity for prospective new players 1. The sector is the largest source of employment after agriculture, and has deep penetration into rural India generating more than 10% of India's GDP 2.

Source: Ernst &Young, The Great Indian Retail Story, 2006.
A look at the statistics shows that the retail sector in India is worth USD 394 billion and is growing at the rate of 30% annually. An ICRIER study has found that retailing ($180 billion) contributes to 10 per cent of GDP and employs 7 per cent (21 million) of the workforce 3. According to AT Kearney, India is given the top ranking as......

View the rest of this paper...

Approximate Word Count: 23081
Approximate Pages: 93 (250 words per double-spaced page)

Similar Essays

1. Indian Retail
   

   Indian Retail Tarannum M Sarwar October 11, 2006 1. An Overview of the Retail sector: The Indian retail sector is highly fragmented with 97% of its business being run by the

2. Indian Retail Sector
   

   Indian Retail Sector THE INDIAN RETAIL SECTOR BUSINESS ENVIRONMENT TOPIC Pg. No. 1. Introduction 2 2. Legal / Political / Economic Env. & Government's role 3 3. Demographic env. &

3. Indian Retail - In A Nutshell
   

   Indian Retail - In A Nutshell After information technology & outsourcing, retail is going to be the next big thing in India. Experts are predicting a gigantic shift from

4. Growth Of Indian Retail
   

   Growth Of Indian Retail Study paper on: - "Growth of Indian Retail Sector" Submitted by: - James Kurian Roll No. 14 Preface For this study paper I have focused on both Primary &

5. Indian Retail Industry-
   

   Indian Retail Industry- INDIAN RETAIL INDUSTRY- A BOOMING PARADISE The growth of scope in the Indian retail market is mainly due to the change in the consumers behavior. For the