Date: February, 2004
Abstract: Organized food retailing industry is still at infancy stage with share less than 1 % of food retail market size in India. This is despite the fact that food is the largest category in consumer’s spending basket. Indian consumers are deprived of quality food products, variety, value-added services at the retail end largely because of the highly fragmented nature of food retailing. Organized food retail has the potential to bridge this gap and hence presents a strong opportunity.
Research Type: Industry Note