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Rapid developing of retail sector in India

Discuss Rapid developing of retail sector in India within the HOT Debates - The Big Fight forums, part of the Management Students Voices ( MBA,BMS,MMS,BMM,BBA) category; Indian retail sector has seen a phenomenal growth in past few years. and organised retail market in India is expected ...

View Poll Results: Reasons for rapid developing of retail sector in India?

Increase in Income level 3 42.86%
Change in consumer behaviour 2 28.57%
Globalization 2 28.57%
FDI (Foriegn Direct Investment 0 0%
any other factor 0 0%
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Rapid developing of retail sector in India
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Hiral Sanghvi
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Rapid developing of retail sector in India - November 1st, 2010

Indian retail sector has seen a phenomenal growth in past few years. and organised retail market in India is expected to reach US $ 60 billion mark by 2011.

What according to you could be the reason for rapid developing of retail sector in India??
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Dimpy Handa
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Re: Rapid developing of retail sector in India - July 3rd, 2011

Future Group and Godrej Agrovet's joint venture (JV) in rural retailing, 'Aadhar', is all set for a revamp. The group promoter Kishore Biyani has revealed that the JV is planning to come up with wholesale distribution centers across different districts and franchisees would be rolled out to local entrepreneurs who would have a better understanding of the concerned area. They would be able to source the products from these wholesale centers and then sell it in their villages. The alliance operates stores in Gujarat, Maharashtra, Haryana and Punjab and mainly sells wheat and paddy apart from daily need products. The company also provides farmers with solutions to problems regarding their agricultural output, which includes what kind of crop can they plant and when, along with techno-commercial suggestions to help them give a better output.
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Kulin Choksi
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Re: Rapid developing of retail sector in India - March 19th, 2012

I feel more than anything else the change in the consumer behaviour and their pattern in buying the same products what they used to buy from an unorganized sector. The nominal increase in per capita income and more importantly increase and awarness of brand, cleanliness and hygiene has led to more people from middle and lower middle income forming the bottom of the pyramid in buying the products has developed the retail sector.
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