India Retail Biz welcomes 2008 and wishes all its readers and well-wishers a very happy, prosperous and successful New Year.
‘Happy 2008
January 1st, 2008 · No Comments
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Recent Posts
- Satyam mayhem makes investors wary of many businesses; retail sector too is prone to errors of omission and commission, say experts
- Reliance Digital joins hands with Reva to sell environment friendly electric cars
- Future group revises ’shopping bonanza’ target by Rs 200 crore; buoyed by huge response, group wants to make this an annual event
- Anil Ambani’s BIGflix joins hands with Kishore Biyani’s Future group for promoting BIGflix products
- Vishal halts expansion of stores; unlikely to achieve revenue growth target for 2008-09
- Future achieves ’shopping’ festival targets; extends shopping bonanza for another week
- Luxury air liner A-319 was after all not a birthday gift, says Neeta Ambani
- All is not doom and gloom!
- Retailers may cut prices to boost demand, says Vedamani
- Future group may extend ‘Shopping Festival;’ hopes to tide over difficult times
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Recent Comments
- ashish agrawal on We regret, but we are back!
- Arpita Aurora on Luxury air liner A-319 was after all not a birthday gift, says Neeta Ambani
- Amir Dev on All is not doom and gloom!
- Renuka on ********************Happy New Year!********************
- coolkhush on Shoppers Stop opens 26th Department Store in Jaipur
- Anil Dogra on Reliance/ Future are in the running for Vishal's equity at hefty premium; 2009 may be an exciting year for M&A activity in retail sector
- Anil Dogra on Subhiksha may raise Rs 300 cr in debt to meet current obligations and finance future expansion
- rajesh on Reliance Retail allays fears of job cuts
- prakash on Reliance Retail allays fears of job cuts
- Renuka on We regret, but we are back!
- Dharnendra Doshi on Bharti Retail to foray into NCR; plans 30 stores in 2009
- Dharnendra Doshi on We regret, but we are back!
- Rajesh on We regret, but we are back!
- rajesh on Subhiksha asks employees to take goods in lieu of outstanding salaries?
- Anil Dogra on Indiabulls defaults on payments to suppliers and service providers
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Quick Indian Units Convertor
1 lakh= 100,000
10 lakhs= 1 million
1 crore= 100 lakhs
1 crore= 10 million
100 crore= 1 billion
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India Retail Biz
IndiaRetailBiz attempts to capture excitement of Retail Business in India by aggregating the best in news, views, research, analysis, trends, technology, and every thing else that is timely, authentic and relevant to the retail sector. -
Quick Stats (Indian Retail)
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Markets
- Market size (total) 2006: US$ 300 bn/annum
- Market size (total) 2010: US$ 427 bn/annum
- Market size (total) 2015: US$ 637 bn/annum
- Market size (modern retail) 2006: US$ 9-12 bn/annum
- Market size (modern retail) 2011: US$ 60 bn/annum
- Annual rate of growth (modern retail): 35%
- Penetration (modern retail) 2006: 3 to 4%
- Penetration (modern retail) 2010: 10%
- Number of retail outlets (total): 12 million Investment
- New Investment by 2011: US$ 30 bn Employment
- No. of persons employed (total): 21 mn
- No. of new jobs in next two years: 2 mn. Wealth
- No. of dollar designated millionares in India(2006) 100,015 Retail Space
- Typical space per outlet: 100 to 500 sq.ft.
- Space occupied (modern retail): 35 mn sq.ft.
- Operating Malls 2007: 114 (35 mn sq.ft.)
- New Malls under construction: 361 (117 mn sq.ft.)
- New space distribution: 65% (top 7 cities), 35% (tier II & III cities)
- New space distribution (among top 7 cities): NCR 34%, Mumbai 23%, Rest 43%
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© 2006 IndiaRetailBiz. Three Column Cutline by Chris Pearson modified by by GPS Gazette
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