Emergence of organized retail sector in India-key issues and challenges of retail sector

In this research paper, we take a quick look into the organized Retail sector in India. It started making its presence felt nearly a decade after the first lot of entrepreneurs set up shop. A brief introduction shows how the organized retailing changed its gears over the period from Panwala Dhukan to chain stores across the length and breadth of India. The changing scenarios of Indian consumers give a proof to the potential opportunity in the retailing arena. The present study focused on the moment of retail sector in India and how the organized sector has been steadily increasing especially after liberalization of the Indian Economy. Retail, today is a combination of revolution and evolution. So as Retailers are faced with many issues and challenges as they attempt to be successful. Retailers are correcting their over enthusiastic strategies of the past and focusing on improving their business model. This section will review some of the challenges and issues these organized retailers are facing on both macro as well as local levels.