evolution of retail in india

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Evolution of Retail in India

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Page 1: Evolution of retail in india

Evolution of Retail in India

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People exchanged services and goods for other services and goods in return

Phase 1 :

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Phase 2 :

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Phase 3:

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India using airbus, mobileTab, pc, laptop etc Huge change in our life

Metro rail way Mars Orbiter MissionMissile man

Change to modern India

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Always have a vision and a clear goal before taking the next step.

Start every day with a challenge, this will keep you motivated

Take risks and learn from your own experienceYou cannot worry too much about the faults

you've done in the past, move on. To achieve great things in the future

Knowledge is lost without putting it into practice

Strategic Planning

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1980 ‘s Organised retailing in India slowly began

Among the first companies were Bombay Dyeing, Raymonds, S kumar’s and Grasim.

TITAN: A market of premium watches that successfully

created an organised retailing concept in India` by establishing a series of elegant showrooms .

Overview

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Size of retail industry The Indian retail market is currently estimated

at USD 600 billion,(2020 expected $1 trillion)

Food segment contribution largest part of total value of retail market.

Expected in the year of 2018, India will 12th

largest luxury retail market in the world.

Retail has become largest source of employment.

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Why increasing

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Effective forecasting Strong balance sheetStock controlMarket position Creating system in retail Hiring right employees Good marketing Customer service

Key success factors for the industry

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Low growth consumer marketsUnable to control cost Wrong price imageSupply chain disruptions

Failure to respond, shifting consumer behaviour

E-commerce

Risk for retail sector

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Digital IndiaInnovative and also creative

Less time, Youth wants employment Go for Win win retail sector .....

Conclusion

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