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Oct12
India's Retail Market: The Large Battleground
India’s retail market has become large indeed. India may not be a rich country but everyone has to buy food and other necessary things. So, the size of the retail market in India has become $330bn. This is a huge market and India has not yet seen large scale super market chain stores yet. So, foreign companies like Wal-Mart and Tesco are interested to operate in India. They are knocking in the door and will have their entrance in Indian market sooner rather than later.

 

Indian companies are also planning to make huge superstores to make the best from this huge retail market. Well, there are thousands of small retail shops all round India and thousands of families earn their livelihood from these shops. So, if huge superstores come into the scenario then many people will become unemployed. So, some of them took to the street recently and protested against foreign and local companies who want to capture market share from them.

This is surely a big dilemma for Indian decision makers. On the on hand, they are eager to attract foreign investment. On the other hand, economic reforms and liberalization may make the lives of millions of ordinary poor people more miserable.

Read More:

Small shop owners protest megastores in western India

 


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« Harry Potter Theme and Festival in Kolkata | Main | Biofuel in India: To Have or not to Have! »

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