Cash & Carry- Modern Wholesale

Yesterday I read an article "A whole new opportunity" in Business Standard.It said that the cash and carry business in India is on a growth path,because of high level of expectation around FDI being allowed in multi-brand retail.

Some facts :-
No FDI restriction in cash & carry business.

Cash and Carry in India is worth around $ 140 billion, out of the $ 350 billion retail business.
Typical investment per store is around Rs 40 crore to Rs 60 crore, depending on the size of the market.

Proportion of Indian items on the shelves of foreign cash and carry majors operating in India is anything between 90 and 95 per cent.

How the players stack up :-

Cash and Carry Company

India launch

Stores in India

Expansion Plans

Metro Cash & Carry

2003

8

50 stores in 4 to 5 years and 8 to 10 annually

Bharti- Walmart

2009

14

10 to 12 stores next year and 20 in 2 years

Carrefour

2010

1

Ready with India expansion plan

Reliance Retail

2011

1

Data unavailable



Refer : http://www.business-standard.com/india/news/a-whole-new-opportunity/456808/

0 comments:

Post a Comment

Note: only a member of this blog may post a comment.

About this blog

A one stop destination for the batch-mates to share their insights on diverse topics related to marketing.The blog will share whatever has been discussed in class.All of you can contribute and make this place engaging and something to look forward to.

Followers

My Blog List

Total Pageviews

Blog Archive

Powered by Blogger.