Conceptual Framework on Challenges of Organized Retail in India

Vol-4 | Issue-04 | April 2019 | Published Online: 15 April 2019    PDF ( 170 KB )
Author(s)
Ajay Kumar 1; Prof. D.K. Tiwary 2

1Research Scholar, Veer Kunwar Singh University, Ara

2Department Of Commerce & Management, Veer Kunwar Singh University, Ara

Abstract

India is turning out to be most preferred retail destination on the planet. Today retail area contributing 10% to nation's GDP. Indian retail industry is positioned among the ten biggest retail showcases on the planet. The difference in attitudes of Indian consumers and the rise of organized retail designs have changed the substance of retailing in India. Retaining clients through unwaveringness in monetarily lower layers is another test which they should consider. The proposed examination depends on researching the key factors of organized retail stores and unorganized ones spread across different urban areas. The socio - monetary foundation of the consumer restricts the quantity and quality of utilization however the goals are unbound and should be tended to with specific item structures and creative assistance and financial contributions.

Keywords
Organized Retail, GDP.
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