The Indian Retail Industry is huge. It makes up than 10 per cent of India GDP and provides jobs to around 8 per cent of the people. The Retail Market in India is growing fast. Many companies are joining in. Not all are succeeding. This is because they need to invest a lot of money to compete with companies. The Indian Retail Industry is slowly becoming an industry. Wholesale trading is also growing rapidly. Companies like Metro AG from Germany and Shoprite Holdings from South Africa are already doing well in this area. They have opened stores in Bangalore and Mumbai that sell products in bulk. In India, the Retail Market provides jobs to people. It is the biggest employer after agriculture. However, the retail sector is not organised. Most retail shops in India are small and owned by one person. There are over 12 million outlets in India. The Issues in Retail in India include the need for a lot of money to start and run a business. The Retail Market in India has a lot of potential for growth. The Indian Retail Industry will keep growing. The Retail Market is a part of India economy.
Retail Market, Issues in Retail in India.
Dr. (Prof). Sonu Agrawal, Prof. Megha Agrawal. A study on challenges & Issues to organized retailing in India. Indian Journal of Modern Research and Reviews. 2024; 2(4):20-25
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