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India's e-commerce market was worth about $3.9 billion in 2009, it went up to $12.6 billion in 2013. In 2013, the e-retail segment was worth US$2.3 billion. About 70% of India's e-commerce market is travel related. According to Google India, there were 35 million online shoppers in India in 2014 Q1 and is expected to cross 100 million mark by end of year 2016. CAGR vis-à-vis a global growth rate of 8-10%. Electronics and Apparel are the biggest categories in terms of sales.
Based on the fact that India has $600 billion worth of retail market in 2015 and one of world's fastest growing E-Commerce markets. It can be reasonably assumed that the retail sector (including e-retail) is a large part of the employment and supply chain within the country.
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What is the current retail condition in India?
Currently, the retail industry of India is booming. Retail sector is the no.1 employer closely followed by Agriculture in India.
Average salary of fresh graduate in retail corporate sector of India?
The average salary of a fresh graduate in retail corporate sector of India is about 30,000 Indian rupees per month. This will increase based on the level of experience they gain over time.
What is the history of retail industry?
India retail industry is the largest industry in India, with an employment of around 8% and contributing to over 10% of the country's GDP. Retail industry in India is expected to rise 25% yearly being driven by strong income growth, changing lifestyles, and favorable demographic patterns. It is expected that by 2016 modern retail industry in India will be worth US$ 175- 200 billion. India retail industry is one of the fastest growing industries with revenue expected in 2007 to amount US$ 320 billion and is increasing at a rate of 5% yearly. A further increase of 7-8% is expected in the industry of retail in India by growth in consumerism in urban areas, rising incomes, and a steep rise in rural consumption. It has further been predicted that the retailing industry in India will amount to US$ 21.5 billion by 2010 from the current size of US$ 7.5 billion. Shopping in India has witnessed a revolution with the change in the consumer buying behavior and the whole format of shopping also altering. Industry of retail in India which has become modern can be seen from the fact that there are multi- stored malls, huge shopping centers, and sprawling complexes which offer food, shopping, and entertainment all under the same roof. India retail industry is expanding itself most aggressively; as a result a great demand for real estate is being created. Indian retailers preferred means of expansion is to expand to other regions and to increase the number of their outlets in a city. It is expected that by 2010, India may have 600 new shopping centers. In the Indian retailing industry, food is the most dominating sector and is growing at a rate of 9% annually. The branded food industry is trying to enter the India retail industry and convert Indian consumers to branded food. Since at present 60% of the Indian grocery basket consists of non- branded items. India retail industry is progressing well and for this to continue retailers as well as the Indian government will have to make a combined effort. India Shopping Malls ü Scope of the Indian Retail Market ü Indian Organized Retail Market ü Growth Factors in Indian Organized Retail sector ü Opportunities in Indian Organized Retail sector ü Challenges facing the Indian Organized Retail sector ü Role of Supply Chain in Indian Organized Retail ü Employment Generation by Indian Organized Retail Sector ü Indian Organized Retail Sector's Impact on Lifestyles ü Emerging Trends in Indian Organized Retail Sector ü Growth of Retail Companies in India ü Evolution of Indian Retail ü FDI in Indian Organized Retail Sector Formats in Indian Organized Retail Sector
Where is the Wilson Sporting Goods Co in India?
Check it outPantaloon Retail (India) Ltd.4th Floor, Plot No. 82,Sector-32, Jharsa, GurgaonHaryana122001India
How much do employees in the retail sector of India typically earn?
In the range of $ 120-300 a month + Performance based incentives.
What is the future of of hospitality sector in India?
what is the future of domestic hospitality sector in India
Some examples of foreign institutional investors in India?
Britain's Tesco can be an example of foreign institutional investors in India. The company sealed an agreement with a retail unit of the Tata Group and become the first foreign supermarket in Indiaâ??s US$ 500 billion retail sector.
Which sector is the largest employer in India?
Software Companies is the sector that is the largest employer in India.
Research on retail evolution in India?
evolution of retail in india
Which one is largest public sector bank in India?
State Bank of India is the largest public sector bank in India
What is the contribution of service sector to the GDP of India?
The service sector accounts for 57 percent of India's GDP. The service sector also employs 27 percent of India's workforce.
The people of India on the summer monsoon to?
The people in India depend on the summer monsoon to bring cold air to the subcontinent
