Organised retail sector consolidating in India while mom-and-pop format dominates – report

IMG_1330.jpg

Organised retail in India consolidated in 2017 with larger players expanding their presence through acquisition of regional players, the U.S. Department of Agriculture (USDA) said in a report.

Modern retail valued at two percent of the total food and grocery business remains constrained by low profitability though domestic and international players are building a stronger cash and carry wholesale business which affords higher margins, the report pointed out.

India’s e-commerce grocery business continues growing and ranks fifth in size across the Asia Pacific region, it said, adding that a growing number of importers are establishing independent retail outlets to showcase their range of products in addition to stocking shelves of other retailers.

Read the report here

Share

Leave a Reply

Your email address will not be published. Required fields are marked *