Retailing is the largest private industry in India and second largest employer after agriculture. Retailers not only provide consumers with a wide variety of products, but also a wide range of complementary services such as assurance of products delivery which can lead to more informed choice and greater convenience in shopping. They also provide products with much needed and information on consumer demand pattern. Productivity and efficiency in retail operations lower price levels and reduce distortions in the price structure. Through backward and forward linkages, performance of retailing service affects the performance of interlinked sectors such as tourism, recreational and culture services, manufacturing of consumer goods, agro food processing industries etc.
Retailing sector in India has undergone significant transformation in the past 10 years. The sector contributes to around 10 percent of GDP and 6-7 percent of employment. With over 15 million retail outlets, India has the highest retail outlet density in the world. This sector witnessed significant developments in the past 10 years from small unorganized family-owned retail formats to organized retailing. Traditionally Indian retail sector has been characterized by the presence of a large no of small-unorganized retailers. However, in the past decade there has been development of organization retailing, which has encouraged large private sector players to invest in this sector. Liberalization of the economy, rise in per capita income and growing consumerism have encouraged large business houses and manufactures to setup retail formats, real estate companies and venture capitalist are investing in retail infrastructure. Many foreign retailers have also entered the market through different routes such as wholesale, cash-and carry, local manufacturing, franchising, test marketing etc. with the growth in organized retailing, unorganized retailers are fast changing their business models and implementing new technologies and modern accounting practice to face competition.
[...] India has surpassed South Korea to become the fourth-largest recipient of foreign direct investment (FDI) in South and Southeast Asian region, according to UNCTAD's first estimate for the year. Globally, the FDI inflows grew in 2006 for the third consecutive year to reach $ 1.2 trillion. India's total FDI inflows in 2004 stood at $ 5.5 billion and grew to $ 6.6 billion in 2005.and the figure stood at $ 9.5 billion in 2006. Thus, the overall growth rate during the period was a phenomenal 44.4 per cent. [...]
[...] [ 4.4 ] [ 4.5 ] [ 4.6 ] Sectoral Break Down Of Cross-border M & A Sales (1987-2005) Percent CURRENT TRENDS OF FOREIGN DIRECT INVESTMENT (FDI) IN INDIA FDI inflows which had declined from US$ 4.7 billion in 2001-02 to US$ 2.4 billion in 2003-04, continued its growth for the second consecutive year in 2005-06 to climb back to US$ 4.7 billion again. The overall FDI reported is inward FDI netted for outward FDI. FDI on a comparative net basis, year-on-year, exhibited a growth of 27.4 per cent in 2005-06 reflecting the improved investment climate. [...]
[...] on investment promotion; Liaison with State Governments regarding investment promotion; Documentation of single window systems followed by various States; Match-making service for investment promotion; Coordination of progress of infrastructure sectors approved for investment/technology transfer, power, telecom, ports, roads, etc.; Facilitating Industrial Model Town Projects, and Industrial Parks, etc.; Promotion of Private Investment including Foreign Investment in the infrastructure sector; Compilation of sectoral policies, strategies and guidelines of infrastructure sectors, both in India and abroad; and Facilitating preparation of a perspective plan on infrastructure requirements for industry. [...]
[...] 6-Foreign Direct Investment in Developing Asia Source: Part Asian Development Outlook 2004, Asian Development Bank, Manila It discusses the many impacts of foreign direct investment (FDI) on Asian economies 7-The Differential Impact of Japanese and U.S. Foreign Direct Investments on Exports of Indian Manufacturing Author: Rashmi Banga Source: Department of Economics, Jesus and Mary College, Delhi It analyses the relationship between foreign direct investment (FDI) and exports. It also examines the effects of FDI on India's exports and finds that FDI has had a significant effect on the export-intensity of industries in India. [...]
[...] Ebony Retail Holdings Ltd., a part of the DS Group, is the only Delhi headquartered retailer in India with seven stores in North India. Starting with a store in New Delhi in 1994, Ebony expanded its presence to seven stores across seven north Indian cities covering over 140,000 sq ft of retail space. It clocked a turnover of INR 855 million in FY 04-05. BPCL (In & Out) The state-owned Bharat Petroleum Corporation Ltd (BPCL) has over 6,600 retail outlets across the country with over 1.6 million petro-card members and a convenience store (In & Out) network of 580 outlets across over 120 cities. [...]
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