Guest Post: Evolution phase in India Retail Industry: Who’s Up To What?

Online Shopping IndiaStrategic innovations and quick adaptation to the emerging trends in Retail industry is happening round the clock as the global retailers prepare themselves for the fierce competition posed by their peers. And the India’s story is no different; below are some facts to substantiate that.

  • India has over 230 million Internet users and since 2009, it has witnessed more than 1,200 e-commerce firms opening shop in the country.
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Why is Fitch Negative on Indian Retail ?

Negative Outlook on Indian RetailIndia Ratings a Fitch Company has maintained a negative outlook on the Indian retail sector for 2013. The report cites – protracted weakness in consumer’s discretionary spending due to high inflation, real wage growth is nominal and low level of macroeconomic activity. All this leads to a credit squeeze, high operating costs and poor margins at the retailers end.

Other Metrics such as Private Final Consumption Expenditure (PFCE) has hit an eight-year low. The trend adds more fuel to the fire (more…)