Sunday, May 17, 2009

Impact on organized retail with the UPA government retaining power

Almost all news channels are showing flashes saying "Organized retail to benefit" etc.

We all know organized retail has the biggest potential as Indian retail is only about 6% organized at this time. The UPA government now needs to start thinking and formulating strategies for the following -

1. Accord industry status to retail
2. Provide clarity on FDI
3. Put retail on fast track as this will bring in foreign investment and much needed growth impetus to associated sectors such as infrastructure.

We are in a slump now, but will start seeing positive changes soon.

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