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PROSPECT OF RETAIL IN INDIA

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PROSPECT OF RETAIL IN INDIA
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Abhijeet S
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PROSPECT OF RETAIL IN INDIA - October 2nd, 2010

Retailing, today, provides jobs to roughly 15 % of employable Indian adults, & is perhaps the largest contributor to India's GDP. But the flip side of the coin is that today practically there are no institutes offering retailing as a vocational / professional education.


Whereas the growth of the industry clearly indicates that in the next ten years nearly one million new jobs will be created in the organized retail sector alone.


The first steps towards sophisticated retailing are being taken, but today the biggest task before organized retail organization is to locate and recruit knowledgeable, skilled and trained staff to handle their operations.


So to stay ahead of the pack in today's competitive and challenging retail world, one must be equipped and trained to get into this industry.
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