Discussion To enlighten the students with the current
trends in Retail Sector and E-commerce.
To make student aware about the power of Digital India.
Key Points of Indian Retail Sector
One of the most dynamic and fast-paced sector
due to the entry of several new players.
Accounts for over 10 per cent of the countrys Gross Domestic Product (GDP) Provides around 8 per cent of the employment. India is considered as fifth-largest global destination in the retail space. Indias retail market is expected to nearly double to US$ 1 trillion by 2020 from US$ 600 billion in 2015. Expected annual growth rateis 15 per cent (best among service sector) 10.2 per cent share is of organized retail sector in India in 2016-17.
Reasons for growth of Retail Sector
in India Favorable demographics Increasing urbanization Nuclearization of families Rising comfort amid consumers Growing preference forbranded products Higher aspirations Increase in Per Capita Income Working Women Availability of Multiple Options Rise of Service Class. And many more.
Etail (Electronic Retail)
Diwali E-Retail Survey
Diwali-Shopping-Statistics-and-Trends.png
The Road Ahead ..
Grass is Not Greener
Always
Why online Shopping
gaining grounds????? why online shopping is gaining grounds..jpg
Indian Retail Vs Ecommerce
(The Hidden Opportunity)
Drivers & Challenges
I can be contacted at:Vishal Garg
Assistant Professor Department of Management JMIT Radaur +91-9354654542 contactvishalgarg@gmail.com