What Must Retailers Do To Cope With Demonetization

What Must Retailers Do To Cope With Demonetization

Let us try and predict what the retail space will look like in 6 months’ time. Organized retail: COD (Cash On Delivery) occupies 80% of total sales for retail giants like Flipkart. This move will mean an extreme low, sales wise. It would force retail companies to innovate. Digital payment solutions will see an extreme […]

Economic Projections As A Result Of Demonetization

Economic Projections As A Result Of Demonetization

On the night of 8th November 2016 Indian economy and business changed drastically. Prime Minister Modi announced the discontinuation of 500 and 1000 denomination currency notes. The stated reason was to curb black money and tax evasion. However, the implications are much wider than just that. Most of the commentators have been focussing on the […]

Retail in India

Do We Understand What Retail In India Is?

The Myth There has been a lot of hue and cry about FDI in retail since 2012. If you look at the news stories in the media you’ll get the impression that ‘retail’ means showroom chains, hypermarkets and departmental stores for high income group urban consumers. Although the Indian retail market has been valued at […]