In a glittering ceremony at the Central Hall of the Parliament House, India finally saw the launch of the GST, the much awaited new tax reform. Initiated under Prime Minister Atal Bihari Vajpayee, the GST has undergone various discussions and deliberations to finally come into existence 17 years later. The rumour mills have gone on an overdrive mode since the launch of GST and thru this issue we help you clear many misconceptions.
Technology is developing fast, and access to the Internet and major media channels results in consumer empowerment, impacting on the way buyers interact with the brands they acquire the products from. This also gives companies and brands the opportunity to develop an emotional bound with existing and potential clients all over the globe, greatly supported by social networks and online platforms. With that in backdrop we bring you a report on Footwear consumers 2030. Meanwhile, Modern retail in India is at an interesting juncture today. It is standing at the cusp of unlocking new frontiers, auguring a potential that is riding high on technology. With the advancement of technology and its increasing usage by consumers and retailers, shopping options in present times are not restricted to physical stores anymore. With surprising ease and within a span of few years, e-tailing has become a way of life. While a nation of 1.25 billion people portended a big consumption market, being one of the youngest countries in the world that is increasingly tech-savvy and open to experimentation worked well in favour of the e-tailing phenomenon.
Retail in India is an incredible assortment of formats. Over the last decade, the concept of shopping has undergone a sea change in terms of format and consumer buying behaviour, ushering in a new era of modern retail across the country. Today, Indian retail is at an interesting juncture. Newer avenues of retailing have evolved, leading the retailers to rejoice in the possibility of cracking new frontiers. With the development, augmentation and modernisation of infrastructure taking place at most major Indian cities, the scope of retail has increased manifold.
In this context, we bring a report Think India, Think ‘Connected’ Retail which analysed the retail trajectory till present and peeked into the future, estimating the potential market size. In addition, it has delved deep into the omni-channel approaches adopted by companies, encompassing lessons from across the globe.
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