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 Managementâ€, 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.
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Well strategic location and very near to the Ambi Mall at the Delhi Gurgaon Border, just opposite to Udyog vihar. There is news in the real estate market the Bharti Walmart Retail venture has planned to take the complete mall (or maybe a large part of it) for their massive retail store.
Subhiksha : One more in Indian Retail war
So, here a new player in the retail was now. With Wal-Mart tie up with Bharti and Reliance Retail tie up with Li and Fung, a Hong Kong based retail giant, new players are ready to take on the retail industry in India.
I saw the Subhiksha store today at the Sector 15 in Gurgaon. The store in nicely designed and is offering handsome discounts to the customers on most of the edible products. Fruits an vegetables are much cheaper than the local sabziwala that we have in the locality. But the
There’s news that Reliance Retail has already head hunted some employees of Maruti Udyog limited in Gurgaon is really shocking. Reliance Retail, the expected organized retail chain giant is planning to get into the auto spare parts industry, has already employed Arun De who was the Deputy GM at Maruti’s used car business, True Value.
The company (Reliance Retail) may also get into the vehicle sales too. The spares and accessories market in India, worth Rs 7,000 crore, is essentially driven by small roadside stores.
With the proposed retail venture aims to cover 1,500 cities and towns, with 1,500 supermarkets and 1,000
Now Subhiksha Stores are there in Market. After Vishal, Big Bazaar, Mega Mart etc. and now Subhikhsa is in Market. Retail giants are coming in Market and ultimately end users are getting the profit
Prices of vegetables at Subhiksha are low then other vegetable shops are good localities, Groceries have big discounts, and Mobile Market at Subhiksha is wonderful. You can find the mobile worth Rs. 1200 to N-Series of Nokia that’s too either at good discount or great EMI schemes.
Subhiksha Stores are performing well till now, lets see how its going to work for long term.
Update on Subhiksha :
Now
Our Comments : As far as we know Reliance Group, Ambani Brothers love playing with the cheapest products in the market, except at the Reliance Petrol Pumps. They should continue to be the cheapest in the Retail field also. The have already for approval for the SEZ in Gurgaon, which will definitely have their own Retail outlets for SEZ residents. So, now we’ll have somebody in India like the Walmart in the US.
So, I can to know yesterday that the Reliance Retail shop that I was talking bout is actually a Reliance FRESH outlet. I don’t know what kind of vegetables and fruits they are storing but the reviews about the Reliance fresh outlet in Sadar Market of Gurgaon is real bad. Foul smell as u get inside the outlet. Mismanagement and confusion too.
I’ve heard that the Indiraj Arcade in the Sector 15 in Gurgaon is now will the Reliance Retail outlet soon. I was shocked to hear that the owner of the complex has served notices to the shop tenants to vacate the space they are provided with, clinics, medical stores, grocery shops and beauty parlors are all served notices to vacate the space. Well, let’s see what is Reliance Retail up to what will be position after the outlet is open.
NETAJI : An MBA just after passing his non medical steam. He is a sophesticated guy who wants to be the future prime minister of India. Well… we don’t know when he is going to be. It is rightly said that the many Indian Politicians are corrupt, but he wants to be the MOST CORRUPT POLITICIAN EVER.
GANGSTER: He is an Engineer and MBA and a “Colleague†of Netaji in his regular ACTIVITIES. An Engineer - MBA who wanted to be a future CEO of a multicrore - multinational Company, but now working with netaji and having his own IT
Google Server Farms in India!!
Now, Google is also eyeing towards the real estate sector in India. I read the news few days back that Google is planning to set up an SEZ (Special Economic Zone) in India. Well, when India is open for all Business big shots like Reliance, Mahindra, DLF for SEZ, then why can’t Google??
Google had already set up a “Server farm†in Taiwan and now India will be the second destination throughout Asia. They’ll have in total 7 Server Farms worldwide if the Indian “farm†is “cultivatedâ€. As far as I have read on the internet, these
So the 1 Km of shopping mall is taking is in final stages of completion and now brands like Reliance Retail, Big Bazaar, Reliance Trendz, Debenhams and visible in the mall. The company “Ambience†developer has developed something which takes care of your shopping as well as your health. Just move to the mall and take a too and fro round of each floor, I hope you will move 10 km in that.