The Indian retailing industry is at an inflection point, and set to enter a new growth trajectory owing to rising household consumption and the entry of corporate entities. About 400 new malls, 1,500 supermarkets and 350 department stores are currently being built in various Indian cities. With more than US$ 30 billion in investments slated in the modern retail sector of India, it becomes imperative to develop a better understanding of the key challenges of talent management, supply chain / logistics and real estate and identify the next steps to facilitate this exponential growth and enable the policy makers to…
By Rajshree Kukreti May 2, 2008 In Chennai, Vinay G Nagpal juggles cookies, hot dogs and steamed corn and comes up with a delicious profit. In Vadodara, Shamini Patel provides personalised matchmaking services at Shaadi Point, the real-world version of matrimonial website www.shaadi.com. In Delhi, Pragati Rao of BrainOBrain teaches kids mathematics using the abacus. In Mumbai, Shabbir Poonawala sells Monginis cakes to tired commuters. Not one of the people mentioned are entrepreneurs in the strict sense of the word. Nor are they really businessmen. Rather, they are members of the country’s growing tribe of franchisees.“India has literally millions of…
We touched upon food price inflation last month and – no surprises – it is still hogging the headlines. It is, after all, an emotive topic. We are terribly concerned not just as food and grocery professionals, but also as consumers and general public. After all, food and grocery are typically half of our monthly spend, give or take a few percentage points. Inflation often brings with it swift (sometimes knee-jerkingly quick) reactions – price controls, export controls, subsidies to farmers and food producers, and various others. Some of these measures work but only in the short term, while others…
India has a rich tradition of textiles which dates back many centuries. The history of the Indian readymade garment industry, however, is very recent and can be traced back to the Second World War. During the Second World War, as a contribution to the wartime needs of British rulers, clothing units for mass production were set up to manufacture military uniforms. With India’s independence in 1947, the industry stagnated as the policies of the Government were now diverted towards building a new nation. However, the industry began to expand after 1959 with the revision of the textile policy to allow…
The @ETNowSwadesh discussion on the dual challenge of a weakening rupee & rising crude oil prices driving "imported inflation". @devangshu on the panel with @davemansi145 as anchor
As legacy retailers balance speed with customer experience, is near-instant delivery a sustainable goal for fashion, or will the costs outweigh the rewards?
@devangshu
#Retail #SupplyChain #Strategy #India #Fashion #SupplyChain #Omnichannel
Ikea has been around in India for about eight years. and has taken a long-term view on India with product and format customisation, and future investment plans of over $2 billion.
