×
306
Fashion Jobs
RJCUBE STAFFING SOLUTIONS
Production Manager - Upholstery (Leather & Fabrics) For Greater Noida
Permanent · Greater Noida
RJCUBE STAFFING SOLUTIONS
qa/qc- Garments-Woven/Knits For Garments Buying House, Noida
Permanent · Noida
NIKE
Information Security Risk Analyst (Grc) – Cis
Permanent · Bengaluru
RJCUBE STAFFING SOLUTIONS
qa/qc- Garments (Jersey, Etc) For Garments Buying House, Noida
Permanent · Noida
ZEN TECHNO ENGINEERING PVT LTD.
Production Manager
Permanent · Pune
ADIDAS
Manager Buying & Planning Operations
Permanent · GURUGRAM
ADIDAS
Product Owner Data Foundations
Permanent · GURUGRAM
ADIDAS
Senior Product Owner
Permanent · GURUGRAM
ADIDAS
Product Owner
Permanent · GURUGRAM
CROCS
Associate Demand Planner
Permanent ·
CROCS
HR Manager
Permanent ·
BRIDGING TALENTS
Quality Control Manager ii Retail Fashion Brand ii Jaipur / Bangalore
Permanent · Bengaluru
ALLEGIS GROUP
Opening For Sales Manager - Chennai & Kolkata
Permanent · Chennai
IDFC FIRST BANK
Opening For Area Sales Manager - Corporate Salary Mumbai
Permanent · Mumbai
TATA AUTOCOMP
Opening For Production Head at Chinchwad Plant
Permanent · Pune
THE BANYAN HR CONSULTS
Regional Sales Manager For Women's Wear Garments CO For Delhi & Ncr
Permanent · National Capital Region
PEOPLE ALLIANCE WORKFORCE
Quality Manager / Quality Head - Garments Manufacturing Company
Permanent · National Capital Region
NIKE
Senior Technical Product Manager, ed&a – Tpmo
Permanent · Bengaluru
RANDSTAD
Area Sales Manager
Permanent · Gurugram
3F INDUSTRIES
Technologist/Production Manager For Our Amino Acid Plant
Permanent · Chennai
3F INDUSTRIES
Chemical Technologist/Production Manager For Our (Cbg) Plant
Permanent · Chennai
NEWGEN
Sales Manager (South India)
Permanent · Chennai
By
Fibre2Fashion
Published
Oct 18, 2016
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

India ranks second on Global Retail Development Index

By
Fibre2Fashion
Published
Oct 18, 2016

India is the second most promising market for global retailers who are looking to expand their business, after China, says a recent report. The country’s huge market potential, fast growth and improved ease of doing business moved it to the second position. The world’s fastest growing major economy India presents a retail market of one trillion dollars.


India presents a retail market of one trillion dollars, says report - DR


Retail demand is increasingly driven by urbanisation, an expanding middle class and more women entering the workforce, says the 2016 Global Retail Development Index report by AT Kearney.

The country has also relaxed several key FDI regulations in single-brand retail and now allows 100 per cent FDI for online marketplaces. These measures will encourage major international players to enter the Indian market as well as the online space, added the report.

“In the past year, several foreign retailers have entered India. In fashion, Aeropostale, Gap and Children’s Place entered into partnership with Arvind Lifestyle Brands. Topshop and Topman entered via e-commerce through Jabong.com, while H&M became the first international fashion retailer to enter alone after the government approved 100 per cent FDI in single-brand retail. In terms of formats, the cash-and-carry model is thriving and profitable,” says the report.

The report also stated that e-commerce in India is accelerating with the increase of internet and smartphone penetration. India surpassed the U.S. to become the world’s second largest internet market towards the end of 2015, followed by China.

Alibaba plans to enter India in 2016 either organically or through acquisitions as it is attracted by the growth prospects of the country.

“Profitability remains a challenge, however, with players still heavily dependent on investor funding and discounting to drive business,” said the report.

Malaysia, Kazakhastan and Indonesia took the third, fourth and fifth position in the 2016 Global Retail Development Index, respectively.
 

Copyright © 2023 Fibre2Fashion. All rights reserved.