Boom in Retail Sector IN India

Retail Sector is the most booming sector in the Indian economy. Some of the biggest players of the world are going to enter the industry soon. It is on the threshold of bringing the next big revolution after the IT sector. A CRISIL report says that the Indian retail market is the most fragmented in the world and that only 2% of the entire retailing business is in the organized sector. This suggests that the potential for growth is immense. There are about 300 new malls, 1500 supermarkets and 325 departmental stores currently being built in the cities across India.

Exclusive Brand outlets, Hypermarkets and Supermarkets, Department stores and Shopping malls.
Shopping experience/ efficiency
Modern formats/ international

Modern Format retailers
Supermarkets
Hypermarkets
Department Stores
Specialty Chains
Company Owned Company Operated

Traditional Format Retailers
Kiranas: Traditional Mom and Pop Stores
Kiosks
Street Markets
Exclusive /Multiple Brand Outlets

Traditional vis a vis Modern Format Retailers


Challenges
The Indian Retail sector is constantly shakened with cut throat competition. It is also facing challenges in the form of shortages for management professionals, cash flow, supply chain management and frauds.

International retailers
There has been greater influence of brands like Walmart, Tommy Hilfiger, Carrefour, Marks & Spencer, Nike, etc in the big cities of India for long.
You will also come across many opening in Retail Industry thru these sites just-style.com , india.recruit.net, [URL="http://jobs.trovit.co.in"]http://jobs.trovit.co.in[/URL], etc.
Hope this information help you in your career choice
Regards
Asha