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Retail Industry in India

Retail company in India is basically are shops who settle the needs and wants of a consumer by supplying small orders or products to a large number of individuals from shops or marts.

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Retail Industry in India

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  1. THE GROWTH OF RETAIL INDUSTRY ININDIA TraditionallyretailinginIndiacanbetracedtotheemergenceoftheneighborhood kiranastorescateringtotheconvenienceoftheconsumers.However,theconcept ofretailandtheideaofshoppinghasundergoneadramaticchangeintermsofthe platformandconsumerbuyingbehavior. The retail sector developed as one of the most dynamic and fast-paced industries due to the entry of several new players. It accounts for over 10% of the country’s Gross Domestic Product (GDP) and around 8% of the employment. If we have to nameoneoftherapidlygrowingsectorsthenretailindustryinIndiahasseenvery goodprogressinthepasttwoyears.

  2. GROWING PREFERENCES OFCONSUMERS Primarily, this sector was shambolic, but nowadays with the growing preferences of consumers, the sector is becoming one of the organized sectors in India. Retail businessreferredasanprocesswhereconsumablegoodsaresoldtopeopleknown asconsumersforthesettlementoftheirneedsandwants.RetailCompanyinIndia iscontinuedthroughmultiplechannelsofdistributiontoearnprofitsandrunbasic livelihood. The top retail company in Indiais basically are shops who settle the needs and wants of a consumer by supplying small orders or products to a large number of individuals from shops or marts. Operating different types of retailing shops from different places is ancient business practice. Today, consumers are happy to shop different products under one roof which is an easy andconvenient process of retailingbusiness. . Address Pavers England Limited, No 2/1, SubbarayanStreet, Nungambakkam, Chennai- 600034,India Website http://foresight-group.com/

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