| F A I D A : Latest Business Opportunities from India and Abroad | ||
| Vol : 7, Issue 33 | December 7' 2007 | |
| This is an OPT-IN newsletter for manufacturers and exporters looking for opportunities in Indian and overseas markets. Unsubscribe instructions are at the end of this Newsletter. | ||
IN THIS ISSUE...
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| Tips, Tricks and Traps in E-commerce |
Supplying to Retail Chains - How to Prepare Yourself ?
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Indian retail scene is set to undergo major shake-up in next
few years. Largely unorganized and fragmented neighborhood
retailers may have to compete with large retail chains in
near future. Notable among large domestic players, who are
in the process of setting up retail chains are Reliance Group
and Tatas. In addition, large overseas retail chains such as
Wal-Mart, Metro, Macys', Woolworth and others have already
started India operations while many others are waiting in the wings.
About 12 million Indian retail outlets (of which nearly 78 per cent are family run) transacted Rs 9.3 trillion in 2004. Organized retail sector, though account for only 3% (Rs. 350 billion) of total retail business at present, is predicted to cross trillion Rupee mark in 2010. These retail chains in organized sector would need thousands of products - garments, handicraft, home furnishing, fashion accessories, grocery, home decoration, toys etc. Thus, a huge opportunity awaits the labour intensive Indian small and medium manufacturing industry. What does it take to be able to join this emerging supply chain ? This week we examine issues related to supply of merchandise to large retail chains... For rest of the article - Please click here |
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