retail Sector:- Retail has played a major(ip) role world over in increasing productiveness across a wide range of consumer goods and services .The move can be best seen in countries like U.S.A., U.K., Mexico, Thailand and more(prenominal) recently China. Economies of countries like Singapore, Malaysia, Hong Kong, Sri Lanka and Dubai are also heavily back up by the retail celestial sphere. Indian Retail Sector Indian Retail labor is worth $300 billion. India retail industry is the largest industry in India, with an role of around 8%. Its contribution to the perfect(a) Domestic Product is about 10%, the highest compared to all different Indian Industries. The retail sector has also contributed to 8% of the employment of the country. The organized retail sector is evaluate to triple its size of it by 2010. The food and grocery retail sector is expected to multiply five beats in the same time frame. The major reason behind the low participation in the Indian retail sector is the need for lumpy investments that cannot meet up their break even points. The government policies are cosmos revised from time to time to attract investments in this sector. active Facts On Indian Retail Sector. * Indian Retail sector is the fifth largest global retail destination. * India retail market is dominate by the unorganized sector.
* The top five companies in retail hold a combined market share of little than 2%. * The Indian retail market has been ranked by AT Kearneys eighth annual Global Retail exploitation Index (GRDI), in 2009 as the most pleasant emerging market for investment in the retail sector. * According to organization of India estimate the retail sector is likely to grow to a value of Rs. 2,00,000 crore (US$45 billion) and could yield 10 to 15 gazillion retail jobs in the coming five years; before long this industry employs 8% of the working population. * India continues to be among the most attractive countries for global retailers. According to the Department of... If you want to get a full essay, order it on our website:
Ordercustompaper.comOrdercustompaper.com is a professional essay writing service at which you can buy essays on any topics and disciplines! All custom essays are written by professional writers!
No comments:
Post a Comment