FDI in retail’s onion connection

When you start looking forward to a package of onions for Christmas, you know there is something seriously amiss with the world. Sadly, that’s the fate a lot of Indians, yours truly included, have been reduced to over the last few months as the nationwide spike in onion prices, combined with double digit food inflation , has once again brought tears to the eyes of harried customers across the country. Continue reading >>

What is the actual current scenario?

Looking at the current scenario we see that Indian cities have the potential to have over 300 new hypermarkets by 2011, mostly in tier-I and tier-II cities and even in 2008, 212 towns had sufficient market potential for hypermarkets for break-even existence. Also today things are gradually picking up momentum especially in the country’s home retail segment which was among the categories worst affected by the slowdown .. Continue reading >>

How do the new policies affect the predictions and will the new entrants benefit from the same?

But how far are these predictions true with the new policies and the signal that retail trade sector may not be opened any further by the government in order to protect the interests of small traders as the retail industry is the second largest employer after agriculture. Also with Parliamentary Standing Committee report opposing the entry of heavyweights into the retail trade, Indian Retailers looking for foreign tie-ups are in a cautious mood .. Continue reading >>

Will the new entrants benefit?

The Indian retail market, being the fifth largest retail destination globally, has been ranked the second most attractive emerging market for investment after Vietnam in the retail sector by AT Kearney’s seventh annual Global Retail Development Index (GRDI), in 2008. The share of retail trade in the country’s gross domestic product (GDP) was between 8–10 per cent in 2007. It is currently around 12 per cent, and is likely to reach 22 per cent by 2010.. Continue reading >>

ITC- Doing Things Differently

The Bottom of the Pyramid theory may have found many takers in corporate board rooms across the world, but clearly there are some that are still to be converted, as can be seen from FMCG major ITC Ltd’s recent foray into the premium personal care and food segment Already sitting on a heavy pile of cash on the back of impressive growth figures over the past decade, the Kolkata headquartered firm has chosen to stick to its tested strategy .. Continue reading >>

Godrej Group -Building Blocks for the Future

Living in India, it is next to impossible for you not to come across a Godrej product in some form or the other. Not quite as flashy as some of its recent upstart rivals, the Godrej group has for long symbolized the quintessential traditional Indian brand, having gone about its work in a typically under-stated fashion, and is today recognized as one of the leading conglomerates in the country, with a presence across an entire gamut of sectors- be it FMCG, consumer goods, beverages or even industrial engineering, Godrej is one name that’s hard to ignore. Continue reading >>

FMCG in India- Going Back to The Roots

Ok, that’s it. The time has finally come for me to pack my bags, bid adieu to the 12-13 readers I have (hopefully), and head straight for my ancestral village in distant Bihar to give myself one last shot at entering the millionaire league. You see, apparently, that’s where all the money is nowadays, with the big city holding out few prospects of any real material gains while our country cousins continue to rake in the moolah, and making sure all of us know while they are at it. Continue reading >>

Philips and the Art of a Good Night’s Sleep

For all those who say that modern day capitalism doesn’t have a heart- here’s a wake-up call. Philips Electronics, the Amsterdam headquartered €25.42 billion electronic goods behemoth seems to have gotten bored of racking up year after year of multi-billion dollar profits and finally ventured into an area where even angels fear to tread. Continue reading >>