Retail Industry Overview

INDUSTRY PROFILE

Retail industry largest industry, accounting for are 10% of the country’s GDP and around 8% of the employment retail industry in India is at the cross roads. It has emerged as one of the most dynamic and fast paced industry with several players entering the market, but because of the heave initial investment required breakeven is difficult to achieve and many of these players have not tasted success so far.

However the future is promising; the market is growing, government policies are becoming more favourable and emerging technologies are facilitating operations. Retailing in India is gradually inching its way towards becoming the next boom industry. The whole concept of shopping has altered in terms of format and consumer

Growth domestic product $973billio

Government spending $108 billion

(11%)

Private final consumption Expenditure

$592billion

Capital Formation $273 billion

(29%)

Utility payments Fuel transportation Electricity, water communication Expenditure on medical & education Consumption spending

$350 billion

The $ 350 billion consumption spending provides the single biggest business opportunities in India and is divided into same key categories led by food, fashion and home products.

COMPANY PROFILE

INTRODUCTION TO BIG BAZAAR

A chain of shopping malls in Indian currently with 31 outlets owned by Kishore Biyani

Pantaloons group.

Big Bazaar is not just hyper market.

Provides the best products at the best price.

Reflects the look and feel of Indian bazaars at their modern outlets.

All-over India, Big Bazaar attracts a few thousands customers on any regular day.

BIG BAZAAR LOGO:

Big Bazaar – is se sasta aur accha kahin nahi

Type – subsidiary of pantaloons Group

Founded – 2001

Headquarters – Jogeshware, Mumbai, India

Industry – retail

Products – department stores

Parents – Future

The company intends to play a role in powering entrepreneurship, by promoting or participating in diverse business activities, primarily in “consumption-led” sectors in the country, which it defines as sectors whose growth and development will be determined primarilybythe growingpurchasingpower of Indian consumers and their changing tastes, lifestyle and spending habits.

The company will also participate in businesses where it exercises control or influence, and

can add value as active shareholders, by utilizing the experience and knowledge of the Future Group, and specifically its parent, Pantaloon Retail ltd.

Meet India’s king of Retail

Pantaloons’ Kishore Biyani has become India’s largest retailer, but still has several aces up his John Miller shirtsleeves.

In India’s chaotic markets, Ishore Biyani is the unchallenged king of retail. He has the

Knack of catching’s rivals off-guard and striking where it hurts most.

And now that he’s set himself the task of retaining control of the largest retail