Internet Retailing The benefits of internet retailing are unanimously accepted and acknowledged by most manufacturers, retailers and consumers alike. From manufacturers and retailers’ perspective, internet retailing offers benefits in the form of cost-effectiveness, profitability and easy accessibility and can be utilized across diverse products and services in grocery as well as non-grocery items. Internet retailing […]
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Private Label Private labels are getting retailer attention due to profitability promise. Emulating international counterparts, where private label are increasingly gaining significance, most department stores, supermarket chains, hypermarket chains and discounters in India are promoting private label products. The fundamental reason for this is the much higher margin and profitability on such products, compared with
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Food Safety and Pricing Issues To ensure a strong presence in global markets, India needs to meet international standards in food safety. The increase in world food trade and the advent of the Sanitary and Phytosanitary (SPS) Agreement under the World Trade Organization (WTO) have also raised interest in food safety requirements. The Government has
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Technology Implementation and Shortage of Talented Professionals An agile and adaptive supply chain is the key for success in retail. Logistical issues, constant changes in consumer preferences and patterns, crowded marketplaces, efficient customer responsiveness and swiftly evolving retail formats are the hallmarks of today’s retail environment in India and pose a huge challenge for driving
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Shopping Malls The emergence of a mall culture and development of malls should come across as a positive development .With all the major retailers planning to double the number of stores and the retail space that they will need in the next three years, availability of real estate space will be a key enabler for
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Organized Retailing in Urban India India’s upbeat economy presents enormous opportunity. The mood in Indian retailing is bursting with optimism, with the hope that the government will introduce favorable legislative relaxation in real estate and partial FDI reforms in retailing. This will encourage retailing to remain in investment mode. Domestic retailers are likely to exploit
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Private Sector Initiatives: Contract farming The Government of India’s National Agriculture Policy envisages that “private sector participation will be promoted through contract farming and land leasing arrangements to allow accelerated technology transfer, capital inflow and assured market for crop production, especially of oilseeds, cotton and horticultural crops”. There are several initiatives under this scheme. We
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Agri-Export Zones The concept of food parks and agri-export zones (AEZs) has been initiated besides several incentive schemes by the Government of India. The Central Government has released a food processing policy in 2001. However the role of the State is considered vital (Dev and Rao 200522). The concept of AEZ attempts to take a
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