Future of Retail Market in India
Heard the news the new retail giants (RIL, TATA, RPG, BHARTI and other…) have asked the cargo companies to expand their bases in different cities so as to solve the logistics issues of these groups. Air Deccan and GoCargo are the in the news nowadays for doing the logistics work for these groups. If these retail giants are planning in a way of “Bulk Centralized Purchasing” and the world class “Supply Chain Management”, then what is going to happen with the grocery and departmental stores near our homes? With such a low prices as of Walmart and Sears they are going to change the face of the entire industry. Now the retailers have to face double shock, one is the warth of MCD and now the competition with the Retail Giants.