Why Choose Retailing

Retailing is the final value addition before consumption. In present era retailing is rapidly shifting from unorganized to the organized forms. 50 Retail Organizations are in the Fortune 500 big companies in the world. The retail giant, Wal-Mart is the first among the Fortune 500 companies. Of top 200 companies of Asia, 25 are retailers. It has passed the image of typical Kirana (mom & popshops. Now retailing is significantly done through big malls, supermarkets and other organized formats.

In India the organized retailing has opened unexplored opportunities of employment and entrepreneurship.  Retail Sector employs around 10 million people or 8% of the labor in India, which is six times bigger than Thailand and five times of South Korea and Taiwan. It is the second largest employment provider in the country after Agriculture. 

yet, organized retailing in India is at present only 5% much lower than 50% in Malaysia. PriceWaterHouse Coopers – the leading management consulting firms of the world has included India among the six most attractive destinations in retailing alongside China, Turkey, Thailand, Malaysia and Hungary.

Big business houses in India like Reliance, Godrej, Mahendras, Wadia, Tata, Hero and Malhotra  are now looking at the retail sector.   Pantaloon, Shoppers Stop, RPG  Group, Trent, Life Style, Subhiksha, Food World, Vivek's, Nilgiris, Ebony, Crosswords, Globus, Barista, Quicky's, Cafe Day, Wills Lifestyle, Raymond, Titan, Bata, West side, Trinetra, Chandana Brothers etc. already have established their respective retail networks in the country in a big way. Reliance India is entering into the sector in a big way with an investment of US$ six billion and an estimated employment generation of around one million people.