Pragmatic Approach to Attract FDI in Multi Brand Retail Trade

CII  urges Government to adopt a Pragmatic Approach to Attract FDI in Multi Brand Retail Trade

Organized retail in India has been growing at a healthy CAGR of nearly 25 percent over the last five years.

However organized retail still forms less than 10 percent of the sales across most consumer categories in India. In categories like food and grocery organized retail contributes less than 3 percent of sales.

This gap in sales through organized retail provides the growth opportunity. As per a BCG study, the consumption set to more than triple in size over the next decade, and sales through organized retail could reach nearly 20 percent by 2020. The study also found that FDI in Multi brand Retail will give a boost to the Organized Retail sector, which positively impacts several stakeholders including – producers, workers, employees and consumers and Government and hence, the overall economy. Under a favorable regulatory and economic environment, opening up of FDI can increase organized retail market size to USD 260 billion by 2020 (constant exchange rates). 

Winning with Uncertainty

There is a need for FMCG and retail companies in India to prepare for an increasingly uncertain future and proactively take measures to leverage market volatility to create competitive advantage.

Businesses need to leverage uncertainty rather than being challenged by it. Uncertainty in business environment in India is primarily being driven by six structural factors: Changing macroeconomic scenarios in the country; heightened volatility in commodity prices; uncertainty in policy-making ; rapidly evolving consumer base and behaviour; emergence of new breeds of competitors within industries; development of game-changing technology. 

Industry Business Challenges

CII this year has started an unique industry initiative “Industry Business Challenges”, as part of its innovation journey.

In this initiative industry for the first time has agreed to post their business challenges in an open and shared platform, to invite innovative solutions.

Apart from individual innovators and academia, this is also an significant opportunity for MSMEs to look into these challenges and provide innovative solutions.

This initiative has the potential to open up new paradigms for MSMEs in the country, to scaling-up and build collaboration with large multinationals.

For queries contact: + 91 11 4577 2016 | i3@cii.in

 

Achieve CyberSecurity Together

Calling Out to all those interested in cyber security and wish to convey their thoughts

CII is organising a conference on  ‘ACT – Achieve CyberSecurity Together’ on 13 July 2013 at Hotel Hilton, Chennai, and coinciding with this, we are reaching out to those who might be interested to contribute articles on Cyber Security

All articles will be compiled and circulated to all the delegates, senior officials and participants from the Cyber Security sector.

Your article should imbibe any one of the below listed topics:

• Establishing Reliable Security in Cloud Networks
• Establishing an effective national cyber security infrastructure – especially what the Govt intends to Private sector participation
• Cyber and Network security for Banking
• Cyber and Network security for MSMEs
• New trends in Cyber Forensics
• Future trends in Data Management
• Containing the Deadliest attacks

Submission: We would like you to maintain the limit of 500 – 600 words and send a brief profile of the author with photograph. The paper needs to be forwarded to the undersigned on or before 30st June 2013 by email.

The conference will analyse the identified Problem: “Internet” = a hostile network like the wild-west WITHOUT a sheriff! 

The objective of the “Achieve CyberSecurity Together (ACT)” – with a theme “Face Cyber Threats & Challenges” is to discuss greatest emerging cyber treats across the nation. The challenges, technological gaps and necessary research directions related to cyber security, as well as the best suited instruments to implement the tasks.

Please contact us directly if you have any questions on 044 – 42444555  / dhwani.shukla@cii.in

Please note: plagiarism & a paper without proper references & sources will not be accepted.