Challenges & growth of the unorganized sector in india
“We don’t GROW when things are easy; we grow when we face CHALLENGES”
India is the world’s fifth-largest global destination in the retail space. And without a doubt it is also the fastest growing industries in the world.
However, retailing in India is predominantly unorganized where maximum retailers operate in less than half a thousand sq. ft. of space. A survey conducted by AT Kearney revealed that an overwhelming proportion of the Rs.400,000 crore retail markets are unorganized in India. In fact, only at Rs.20,000 crore segment of the market is organized.Read More…