Retail industry accounts for 35% of our GDP Estimated industry size - USD 205 bn (INR 230,000 cr) in 2004. India's retail setup is crowded with small outlets, largely owner managed. FDI in real estate will accelerate pace of development of retail infrastructure.
Retail industry accounts for 35% of our GDP Estimated industry size - USD 205 bn (INR 230,000 cr) in 2004. India's retail setup is crowded with small outlets, largely owner managed. FDI in real estate will accelerate pace of development of retail infrastructure.
Direitos autorais:
Attribution Non-Commercial (BY-NC)
Formatos disponíveis
Baixe no formato PPT, PDF, TXT ou leia online no Scribd
Retail industry accounts for 35% of our GDP Estimated industry size - USD 205 bn (INR 230,000 cr) in 2004. India's retail setup is crowded with small outlets, largely owner managed. FDI in real estate will accelerate pace of development of retail infrastructure.
Direitos autorais:
Attribution Non-Commercial (BY-NC)
Formatos disponíveis
Baixe no formato PPT, PDF, TXT ou leia online no Scribd
Retail – the largest private industry in world economy
Sales (USD Trillion) 1999
Retail 6.6 Financial services 5.1 Construction / Engineering 3.2 Packaged goods 2 Chenmicals 1.4 Energy 1.2 Electronics 1.1 Automotive 1 telecom 0.8 Pharmaceuticals; diagnostice 0.3 Source : Euromonitor, European Chemical Industry Council: Automotive News; Wall Street Journal; Chemical market Reporter; IDATE; Global Vantage Retailing – the largest private industry in the world
• Over 50 of the Fortune 500 companies are retail
companies. • 25 of the Asian top 200 companies are retail companies. • The world’s largest company is a retail company. (Wal-Mart – last valued at Rs 1,091,250 crore) Current Retail scenario in India
• Retail industry accounts for 35% of our GDP
• Estimated industry size - USD 205 bn (INR 230,000 cr) in 2004. • Highest number of outlets per capita - 12 million outlets • Lowest per capita retail space - 2 sft per person as compared to 16 sft per person in USA • Only 4% of the country’s outlets are larger than 500 sft
India’s retail setup is therefore crowded with small outlets, largely
Years taken for organized retail to grow from <5% to over 20%
INDIA IS STILL AT 2.5%
Source : MG1, team analysis Forecast 2010 • Organized retail is expected to grow at 30% - 35% p.a. to become USD 24 bn (INR 100,000 cr) by 2010
• Organized Retail Penetration (ORP) will increase from less than 3% in
2005 to 8% by 2010
• FDI in real estate will accelerate pace of development of retail
infrastructure
• Investments in organized retailing are estimated to touch USD 4,000 Mn
(INR 20,000 cr) by end of 2010
Source: KSA Technopak, HSBC Report
Development Curve of Organised Retail Growth Drivers - Young & rapidly evolving consumers
India is one of the most
youthful countries in the world with 53% of the population less than 25 yrs of age
Within a decade the number of people in age group of 20 – 49 would
increase 30% from 395mn in 2000 to 510 mn in 2010 Growth Drivers – Middle Class Population
Currently estimated at 92 Mn the middle class (family income between INR
200,000 – 10,00,000 p.a.) is expected to be around 153 Mn by 2010 Growth Drivers – Retail Infrastructure
• India will have 225 malls by 2007 spread over 50 cities
• Relaxation in FDI in Real Estate to give further impetus
• Real Estate Mutual Funds ( REMFs) & Real Estate Investment
Trusts ( REITs) comes to India Organized Retail
Emerging Opportunities Retail – Largest Employer in the World
Increased employment opportunities
- The annual employee turnover of
Wal-Mart is more than the entire workforce of General Motors
- 18% of the US workforce is
employed in retail Socioeconomic Impact of McDonalds on the US Job Market
McDonalds captures 1 out of every 6 restaurant visits in the US market
• Employs more than 5,00,000 people
• Largest employer of High School Students • 12.5 % of the US workforce has worked for McDonalds • 1 out of 15 American got his/her 1st Job at McDonalds • Nations largest Job Training Organisation -Bigger than the US Army – teaching the future US workforce “ work routines,job discipline and organisational teamwork Retail – Opportunities for Entrepreneurs
- World of Franchising
- Specialized retail formats
Bangles, Candy, Kite, - opportunities are immense !!