AN ATTEMPT TO CLARIFIES THE SCENARIO AND OPPORTUNITIES OF RETAILING SECTOR IN INDIA

Abstract

Within this paper, we discuss that the retail sector scenario in India is varied and dynamic very. With the extraordinary growth in this sector, India has grown to be an appealing destination for overseas players. Which witnessed extreme changes in the formats as well as the retail advertising system in the past several years? The current study is actually undertaken to get an insight regarding the existing framework of Indian Retail Sector, the main sub-sectors within organized and traditional retail and changes in the family member share of different sub-sectors of the past couple of years & penetration of organized retail in a variety of segments. The retail business is changing quickly, diversifying the inventories of theirs and giving a much better range of services. It's today turned to one of probably the largest sectors in the global economy, which is actually going by way of a change stage not just in India though the planet over. The coming prospects of Indian retail market will probably have some macroeconomic influence also. A potential decrease in supply chain impediments might assist in reducing source side inflationary pressures. The potential growth of India's retail sector is likely to boost employment. The nuances of FDI in retail continue to be pushed. This particular paper tries to make a detailed perspective of retail management, the scenario of retail in India and also the possibilities for the retailing sector in India.