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Cultural and Regional Differences in India Are the Biggest Challenges In Front Of Retailers - India Retail Sector Analysis.


DUBLIN Dublin, city, Republic of Ireland
Dublin, Irish Baile Átha Cliath, county borough (1991 pop. 915,516), Leinster, capital of the Republic of Ireland, on Dublin Bay at the mouth of the Liffey River.
, Ireland Ireland, Irish Eire (âr`ə) [to it are related the poetic Erin and perhaps the Latin Hibernia], island, 32,598 sq mi (84,429 sq km), second largest of the British Isles.  -- Research and Markets (http://www.researchandmarkets.com/reports/c40333) has announced the addition of "India India, officially Republic of India, republic (2005 est pop. 1,080,264,000), 1,261,810 sq mi (3,268,090 sq km), S Asia. The second most populous country in the world, it is also sometimes called Bharat, its ancient name. India's land frontier (c.  Retail Sector Analysis (2006-2007)" to their offering.

Indian retailing industry has seen phenomenal growth in the last 5 years. Organized retailing has finally emerged from the shadows of unorganized retailing and is contributing significantly in the growth of Indian retail sector. This report looks in to detail; the forces that have significantly influenced the Indian Retail Industry, in order to trace its future direction

Key Findings:

--Organized retail will form 10% of total retailing by the end of this decade. In the meantime Adv. 1. in the meantime - during the intervening time; "meanwhile I will not think about the problem"; "meantime he was attentive to his other interests"; "in the meantime the police were notified"
meantime, meanwhile
, the organized sector will grow at the rate of around 30% per annum Per annum

Yearly.
 

--Cultural and regional differences in India are the biggest challenges in front of retailers. These factors deter the retailers in India to adopt a single retail format

--Hypermarket is emerging as the most favorable fa·vor·a·ble  
adj.
1. Advantageous; helpful: favorable winds.

2. Encouraging; propitious: a favorable diagnosis.

3.
 format for the time being in India. The arrival of multinationals will further push the growth of this format

--Convenience store (or its variation) format is the best way to compete with unorganized retailing in India

Key Issues and Facts Analyzed an·a·lyze  
tr.v. an·a·lyzed, an·a·lyz·ing, an·a·lyz·es
1. To examine methodically by separating into parts and studying their interrelations.

2. Chemistry To make a chemical analysis of.

3.
:

The research report also addresses the issues and facts that are critical to success of Indian retail industry in general & organized retail industry in particular

--Future Potential of the industry.

--Who are the key competitors in the Indian Retail Industry?

--What opportunities exist for the organized retailers in India?

--What will be the major driving forces for the industry?

--What strategic direction, major players are taking in the industry

Research Methodology Used:

Information Sources

--Books, Newspapers, Trade Journals, and White papers, Industry portals, Government Agencies, Trade associations. Monitoring Industry News and developments, Access to more than 3000 paid databases.

Analysis Method:

--Ratio Analysis

--Historical Trend Analysis

--Linear Regression Analysis In statistics, a mathematical method of modeling the relationships among three or more variables. It is used to predict the value of one variable given the values of the others. For example, a model might estimate sales based on age and gender.  using software tools

--Judgmental Forecasting and Cause and Effect Analysis.

Companies Mentioned Include:

--Future Group

--Trent Ltd

--RPG Enterprise

--Vishal Retail Ltd

--Shoppers Stop Ltd

--Bata India Ltd

--Provogue India Ltd

--Videocon Appliances Ltd

For more information visit http://www.researchandmarkets.com/reports/c40333
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 4, 2006
Words:341
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