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Indian Retail Sector- HR Challenges & Measures for Improvement

Indian Journal of Industrial Relations

Volume 44 Issue 1

Published: 2008
Author(s) Name: B.D. Singh & Sita Mishra
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Abstract

Introduction : With growing consumerism, unprecedented awareness, and a youth hefty customer base, India is perceived as Most Promising Land for the Global and domestic retailers.The Indian retail market is professed as potential goldmine and is attracting a large number of giant international and domestic players in anticipation of explosive growth. The organised retail sector is likely to increase its share from the current 4% to over 20% by 2010, as the overall retail sector grows from $328 billion to $430 billion, as per report by FICCI (2007) on the retail sector. Keywords : Retail sector, Growth potential

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