B2B Distribution

Over the last few years, retail has become iodin of the fastest growing sphere of influences in the Indian economy. In fact, India has overstep the annual list of the most attractive countries for international retail expansion, according to AT Kearneys Global Retail increase Index 2006. Of the currently estimated $270 billion Indian retail market, organized retailing comprises of just 4.6 percent. However this segment grew nearly 40 percent in 2007. With the entry of major global players and large Indian corporate houses into the arena, the Indian organized retail sector is estimated to grow to about 15 percent of the total retail sales by 2010. The booming services sector combine with the growth in disposable income is considered to be providing impetus to this boom.
In spite of the size and scope, retailing is not yet recognised as an industry. India does not allow 100 percent overseas direct investment (FDI) in the retailing sector. However the Indian government does allow FDI (100 percent) in wholesale cash-and-carry mountain as well as in single-brand retail outlets with 51 percent foreign investment. Several international companies are taking advantage of these as well as franchising and strategic licensing routes to reckon India.
The Indian organized retail pie offers huge opportunities to U.S.



companies offering: incase foods, housewares products, apparel and accessories, cosmetics, footwear and watches. The Indian consumer is very price medium and expects value for money. U.S. exporters need to keep this in mind succession devising pricing strategies for India. In addition, there are newfangled opportunities for retail industry equipment and services suppliers to cater to the booming Indian market.
With market liberalization, growing consumerism and the entry of corporate players, the Indian retail sector is currently experiencing developments at an evolutionary rate alike nowhere else in the world. The Indian consumer is rapidly evolving and is now existence exposed to shopping...If you want to get a full essay, coordinate it on our website: Orderessay



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