Showing posts with label retail. Show all posts
Showing posts with label retail. Show all posts
All Talk and No Action Monday, December 5, 2011

In sum, the bania shopkeer is powerful in all democracies. He uses small-man rhetoric to advance his interests, but, far from being weak and unorganized, is actually highly organized, whereas the consumer is not. The bania constitutes a vote bank, which the ordinary consumer does not. The bania is an important political donor, which the aam admi is not. For all these reasons, the aam bania repeatedly triumphs over the aam admi.

Another excellent write up to archive on the FDI in retail issue.

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My final year thesis during graduation was on sunrise sectors of India. Retail took up much space in the report. It continues to enamour me even today.

Before you take any political party's word for it,  do your own research and read up on how retail has transformed India and other countries.

Change is discomforting. But often it's the only panacea.

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Most ordinary folks, whose daily dose on retail comes from newspapers, may not be able to fully appreciate the trickle effects on the economy in terms of employment, logistics, transportation and real estate. I will make a small atempt to explain just some areas/professions that will benefit with the opening up of the sector.

As I had explained earlier, a major store will employ at least 100 people directly in various capacities.

Apart from these, following (in no particular order) will hugely benefit :

architects, interior designers, fashion designers, food experts, food technology graduates, food consultants, visual merchandising graduates, animation graduates, film makers, actors, editors, writers, singers, content writers, printing and publishing services, hotel management graduates, hotel management colleges staff, retail graduates, retail colleges' staff, trucking companies, packaging services, hotels, catering services, airlines, travel agencies, mobile/social media application developers, videographers, tile manufacturers, air conditioning companies, lights and fitting companies, cement companies, construction companies, indigenous furniture manufacturers, language experts, voice training/accent neutralisation experts, electricians, plumbers, carpenters, supply chain graduates, copy writers, web developers, corporate trainers, teachers, subject matter experts, plastic products' manufacturers, toilet paper companies, glass and marble factories, security and other staffing companies, retail software developers, textile companies, shoe manufacturers, grooming experts, learning solutions companies, e-learning companies, sociologists, anthropologists, legal advisors, lawyers, auditors, stationery and other office suppliers, cleaners, washers, office boys, warehousing and cold storage staff, PR experts, social media agencies, communications experts, advertising agencies, market research agencies, insurance companies, actuaries aandd sooo onnn.

The above service providers only help in running a retail store, and we haven't even started discussing the producers whose goods will be sold within the store!

I also want to highlight that India's most beloved professionals : engineers, marketing whizkids, MBAs  and doctors will also be hired in droves. However, the purpose of this list is to let people soak in the possibilities that will open for various non glamourous occupations in India.

Again, this is the "top of my head" kind of a list. I am sure I have missed out on many other services.

Ergo, let's hope India moves ahead on such reforms and we get to enjoy some long deserved economic benefits.

All Talk and No Action Tuesday, November 29, 2011

Time to ease some frayed nerves.

Rama Bijapurkar wrote an excellent Op-ed in yesterday's Economic Times. To add to the erudite write up, from what I know, one Hypercity/D Mart/Big Bazaar store provides direct employment to at least 100 people. At least. You have no idea about indirect employment and the trickle effects on the economy.
Now do the math on all future stores that will come up in India.

Sounds nice? Did it ease your guilt about allowing FDI in retail?

Will you now please stop our patriotic brothers and sisters from burning Walmart effigies?

Good day.




All Talk and No Action Thursday, August 28, 2008


Yesterday I visited the much talked about and also the most hated retail chain - Reliance Fresh.

We generally do our grocery shopping from Spinach. However, I was keen on trying out Reliance and see for myself if it played up to all the hype.

My observations -

  • The place was very congested. I generally like more space to move about and not be disturbed by other shoppers while am chewing on what to buy !
  • There were plastic bags strewn across the floor. Pushing the overfilled trolley while looking out and trying not to bump into fellow shoppers was quite an effort ! Also, more check out counters would definitely help speed things up.
  • I can't say the place was well stocked as we missed simple packets of Garam Masalas, Sambhar Powders and butter. Also, not much variety was visible in the snacks and confectioneries categories.
  • The stocking and arrangement was not very systematic. Pulses were followed by household items on one side and dals and rice adorned another part of the store. Better classification could have saved a lot of time for fretting customers.
  • Another grouse I had was the not so very "savvy" sales personnel. Every time you had a question, they would answer in Marathi ! Let me guess, have they tied up with MNS or is it a propaganda to reach out to the average Mumbaiite?!
  • Yes, the billing was fairly competitive and attractive "offers" existed for VFM customers. However, isn't that what most convenient stores do? There's nothing special in offering discounts.

Hmmm, so the overall experience was fine. Nothing extra-ordinary. I guess, I would prefer a Big Bazaar or Spinach for a wholesome feel.

Maybe, with some extra floor space, better stockpiling and adept personnel RF can join the club.