A presentation on features and advantages of unorganized retail sector in india.

1. Unorganized Retail Sayantan Chattopadhyay DoMS IIT Roorkee

2. Retail in India In 2010, around 94% of the Rs 18,673 billion retail market was un-organized according to Booz and Co (India) Pvt Ltd With growing market demand, the industry is expected to grow at a pace of 25-30% annually Accounts for over 10% of India's GDP and around 8% of the employment

3. Unorganized or Traditional Retail Kirana stores, local mom and pop shops, convenience stores, hand cart and pavement vendor large complex network of independently owned retailers and distributors carrying primarily local or regional brands

4. Unorganized Retail Spécialité Marketing Intelligence Product promotion Customer service

6. Knows customer’s likes and dislikes

8. Customer Service Order on phone and home delivery in towns and cities Convenient location Goods on credit and bargaining Loose items

9. Challenges faced by Unorganized Retail sector Lack of best practices in inventory management and supply chain management Lack of standardization

10. ICRIER Recommendation Assist the formation of co-operatives or associations of kirana stores, which in turn can undertake direct procurement of products from manufacturers and farmers. By eliminating intermediaries, kirana stores can obtain their supplies at lower prices, while farmers get better prices for their produce.

11. Thank you