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Organized Retailing Business in India Major Constraints and Bottlenecks Emphasis To Eliminate Barriers To Growth
Organized Retailing Business in India Major Constraints and Bottlenecks Emphasis To Eliminate Barriers To Growth
Organized Retailing Business in India Major Constraints and Bottlenecks Emphasis To Eliminate Barriers To Growth
Session II
SOUMITRA MOOKHERJEE
The large retailers are groping for the right kind of formats
for a geographically diverse country like India. There are
several problems plaguing the industry, in addition to the
glaring absence of FDI.
China
Retail Industry reforms
began as early as in 1992.
India
The Industry has largely
been neglected in terms of
policy changes essential for
its development.
The
sectors
revenue
creation, consumer benefits
& employment generation
potential has not been
adequately factored into the
development paradigm.
India
India
INDIA
INDIA
Organized Retailing:
Steps for spearheading development
The steps that India could take based on some of the measures
China has already adopted for development of this sector
include:
Allow Foreign Direct Investment
Remove Infrastructural and Other Bottlenecks
Make preferential loans available for development of
highly productive and successful formats in the country
Include development of the retail industry, on a priority
basis in the Five Year Plans.
To quench the need for trained personnel in the industry,
encourage private and government institutes to introduce
appropriate retail courses to impart necessary education
and training.
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Credit Policy of RBI does not spell out any credit allocation
norms or customized preferential loan structure for this
sector
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Brand Competencies
Retail Competencies
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