Rfid in India

RETAIL November 2010 RETAIL November 2010 Contents ? Advantage India ? marketplace overview ? Investments ? Policy and regulatory framework ? Opportunities ? fabrication associations 2 ADVANTAGE INDIA sell November 2010 Advantage India Real estate information in the country, for example, the construction of mega malls and shopping malls, is augmenting the growth of the organised sell business. Indias consumer class is estimated to grow nearly twelve-fold (from 50 trillion at present)to 583 jillion by 2025, with more than 23 million people likely to be listed among the worlds wealthiest citizens. take of organised sell business Increase in consumer class Rising incomes and get power The per capita income in India in 20092010 more than doubled to US$ 849 from US$ 348 in 200001. Advantage India With the emergence of concepts such as sprightly and easy loans, easy monthly installments (EMI), loan through credit entry cards and loan over phone, it has become easy for Indian consumers to afford expensive products. Easy consumer credit Brand brain Changing consumer mindset The mindset of the Indian consumer is changing dramatically, with their focussing shifting from low price to convenience, high value and a superior shopping experience.

There is high brand intellect among the youth â€" 60 per cent of Indias population is beneath the age of 30. Source: Economic Survey 2009-2010; The Retailer, Ernst & Young, July 2008 3 RETAIL November 2010 Contents ? Advantage India ? Market overview ? Investments ? Policy and regulatory framework ? Opportunities ? Industry associations 4 MARKET OVERVIEW Retail November 2010 Market overview … (1/2) Indias retail market, valued at US$ 353 billion in 2010, is projected to grow at a rate of 12 per cent per annum. The countrys retail sector is the second-largest employer after agriculture, with retail trade employing 35.06 million* and in large quantities trade generating... If you want to get a full essay, sanctify it on our website: Orderessay

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