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A retail industry profile is used to analyze the revenue for a company that sells products to consumers. This type of profile can be written for various types of businesses such as food or clothing.

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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


Is NIRM Bangalore is recognised university?

1. The organized retail industry in India is faced with stiff competition from the unorganized sector.2. There is a shortage of quality real estate and infrastructure requirements in our country.3. Opposition to Foreign Direct Investment from small traders affects retail industry.4. Very high stamp duties on transfer of property affects the industry.5. Shortage of retail space in central and downtown locations also hinders the growth of retail industry.6. Presence of strong Pro-tenancy laws makes it difficult to evict tenants and this is posing problems.7. Land-use conversion is time consuming and becoming complex.8. For settling property disputes, it consumes lot of time.9. Rigid building laws makes procurement of retail space difficult.10. Non residents are not allowed to own property except they are of Indian origin.11. Prohibition of Foreign investment in real estate business.12. Customs duties are levied on import of goods in India.


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People may wish to join the retail industry, because they enjoy selling products. People may also want to join the retail industry because there are always many jobs available.


Which is largest indutry in India?

Retail Industry is the largest industry of India, Agriculture being the next. Though, Agriculture industry is the largest employer and Retail comes in a close second.


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Example sentence - His first job was in the retail industry.


What is the retail industry?

retail industry is got every thing to do with retail stores.they sell finished goods and they are usually a variety of products. like spensers,big bazaar,reliance fresh etc Indian 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.


Changing trends in retail industry?

putanginananinyo!!!!!!?!!??