Study on Organised retail: Pantaloon Retail Industries Limited

Target Company: Pantaloon Retail Industries Limited assiduity: unionised Retail Analysis of the Industry Indian Retail Industry is undergoing transformation. The consumer demographics and life-style is changing. There is an increase in purchasing indicant, great enthronization in real estate development and accessibility of sourcing options from with in India and abroad. This is driving the change from un organised, small and local players alike(p) grocers, whatchamacallum store, paan-beedi shops to create sell which stands for modern font formats like obtain malls, supermarkets and surgical incision stores. The traditional unorganized Indian retail industry, consists of all oer 15 million outlets, is estimated to provide employment to over 18 million people. The retail market pegged at USD180 cardinal (2005) has been growing at a steady rate of over 5% per socio-economic class and accounts for around 10% of the countrys GDP. Organized retail is estimated to repres ent USD6.7 billion, score for only close to 4% of the overall market. The top cardinal cities account for 96% of rack up organized retail, of which the top half dozen cater to 82%. The start up in organized retail industry from 1 % of total retail market in 1999, to representing 6% of the total retail market in 2005 shows the marvelous growth that this industry is undergoing currently.

demographic and Macroeconomic characteristics of India which influence the trend in favour of organized retail are: 1.Large and growing creation: Indian macrocosm is 1065 million and is expected to grow at 1.7 % this year. It is a schoolgirlish population with 35 % of the people downstairs 14 ol d age of age and median age as 24 years. yo! ung person are generally early adopters of modern products and concepts, thus a promising consumer base for new retail formats. 2.The income and buying power is on the rise: The per capita income has steadily been rising. If you indispensableness to get a full essay, order it on our website: OrderEssay.net

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