Here is the slide of presentation which gives general description of Indian retail revolution . Oh wait , is it revolution ? Nope its evolution.
Wednesday, June 6, 2007
Evolution of Indian retail
Current generation(age between 15-30) has seen a lot of transition in Indian market. If you have had chance to visit any village(some people dont like using this word and so they say' visited our farm house') for vacation then you might have come accross once a week melas or bazaars. This generation , while young,also had their grocery store in their neighbourhood and so frequent visits was the fact. But how far is this true now a days ? With so many shopping malls, exclusive branded showrooms and supermarkets coming up in vicinity , we dont have time and patience to do everyday shopping. So the shopping has become once in a week or month affair. While researching on retail, I hit up a wonderful presentation on FICCI site and it explains some finer points of Indian retail industry. Though the presentation is dated 2004 , which means the figures are older, but facts are still true.
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