Indian government has allowed overseas companies to own upto 51% of retail that are selling more than one brand. Now the Indian supermarket sector is opened for the global player to invest. Indian retailers are looking forward for joint ventures and big investments from the big global players.
Current size of Indian retail is around $400 billion, which is expected to grow upto $900 billion by 2014.
Only 6% of the retail sector is under organized category.
Retail sector provides about 8% of total employment.
India is ranked as 4th best investment destination for retail by AT Kearney.
Major Indian Players in retail sector:
- Reliance Retail – Led by Mukesh Ambani
- More – Led by Aditya Birla Group
- Shoppers Stop – by Rahejas
- Big Bazzar – Future Group led by Kishore Biyani
- Mana Gromor Centers - Murugappa Group
- Best Practice cash-and-carry - Bharti Walmart
- Croma - Tata Group
Need to put a watchlist on retail stocks, until the Q1 result of FY12-13
- Pantaloon Retail (India) Ltd. - 200.60 (Nov 24, 2011)
- Trent Ltd. - 976.45 (Nov 24, 2011)
- Koutons Retail India Ltd. - 21.70 (Nov 24, 2011)
- Provogue (India) Ltd - 26.80 (Nov 24, 2011)
- Shoppers Stop Ltd. - 372.25 (Nov 24, 2011)
- Brandhouse Retails Ltd. - 14.15 (Nov 24, 2011)
- Kewal Kiran Clothing Ltd. - 736.75 (Nov 24, 2011)
- Cantabil Retail India Ltd. - 18.85 (Nov 24, 2011)
- REI Six Ten Retail Ltd. - 18.35 (Nov 24, 2011)
- Arunjyoti Enterprises Ltd. - 74.0 (Nov 24, 2011)
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