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In this paper an attempt is made to study the evolution of Indian retailing and factors contribution to development of Indian retailing, finally, it focuses on different retail format exist in the market. | Evolution of Indian modern retail International Journal of Management IJM Volume 8 Issue 5 Sep Oct 2017 pp. 67 80 Article ID IJM_08_05_008 Available online at http www.iaeme.com ijm issues.asp JType IJM amp VType 8 amp IType 5 Journal Impact Factor 2016 8.1920 Calculated by GISI www.jifactor.com ISSN Print 0976-6502 and ISSN Online 0976-6510 IAEME Publication EVOLUTION OF INDIAN MODERN RETAIL G. Haritha Research Scholor Department of Management Studies Sri Venkateswara University Tirupati India Prof. B. Amarnath Registrar Rayalaseema University Kurnool India Dr. M. Sudheer Kumar Professor Department of MBA RGM Engineering College Nandyal India ABSTRACT Organised retailing refers to trading activities undertaken by licensed retailers that is those who are registered for sales tax income tax etc. These include the corporate-backed hypermarkets and retail chains and also the privately owned large retail businesses. In other words it is a network of similarly branded stores with an element of self-service.in this paper an attempt is made to study the evolution of Indian retailing and factors contribution to development of Indian retailing finally it focuses on different retail format exist in the market. Key words Organised Retailing Retail Chains Retail Format and Retailing. Cite this Article G. Haritha Prof. B. Amarnath and Dr. M.Sudheer Kumar Evolution of Indian Modern Retail. International Journal of Management 8 5 2017 pp. 67 80. http www.iaeme.com IJM issues.asp JType IJM amp VType 8 amp IType 5 1. INTRODUCTION Retailing is the largest private sector industry in the world economy with the global industry size exceeding 6.6 trillion and a latest survey has projected India as the top destination for retail investors. India is currently the twelfth largest consumer market in the world. A McKinsey report The rise of Indian Consumer Market estimates that the Indian consumer market is likely to grow four times by 2025. A good talent pool unlimited opportunities huge
