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8/8/2019 Indian Retail Market 2008
1/78
Biotechnology
B 2008
RetailDmbr 2008
8/8/2019 Indian Retail Market 2008
2/78
MaRket oveRview
8/8/2019 Indian Retail Market 2008
3/78
id r s-r
t id r mr s -rs r
ds b. i s smd r rm
US$ 330 b 2007 US$ 427 b b 2010
d US$ 637 b b 2015.
R rbus 10 pr ids grss
Dms Prdu d prds mpm
8 pr ids r ppu. hr dspsb ms, s b
rd d xpsur md d brds s
sdrb rsd r prps
sum r rs.
MaRket oveRviewDmbr 2008
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GRDI
id rd rs r rd su r
gb R Dpm idx 2007, dud
b at kr rss 30 mr ms. id
s rd s ms prrrd r ds r
r srs.
GCCIid rd rs r m gb
csumr cd idx Ju 2007, dud
b t ns cmp. ids r judd s
rds ms pms sumrs,
d bu r m r x 12 ms.
id r s-r
MaRket oveRviewDmbr 2008
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5/78
id r ru
Mdr r ud rs s sr
r mr 22 pr b 2010.
id r sd r r 49.73 pr
urr US$ 25.44 b 2007-2008 s
s US$ 16.99 b 2006-2007.
orsd r sm s xpd r rm
pr bu 14 18 pr b 2015.
t R Ss
Source: Datamonitor
311.7
261.8
230.3
205.4
186.32001-02
2002-03
2003-04
2004-05
2005-06
0 50 100 150 200 250 300 350
US$ billion
MaRket oveRviewDmbr 2008
8/8/2019 Indian Retail Market 2008
6/78
t mr s ss mr rm rd
r mdr/rsd r rms,
xps prr ms d brdd us.
Mdr r us id r rs
m up b sdrds d ss s
mp.
id r ru
Prjd R gr
Source: Crisil Research
n Total Retail n Organised Retail
43.8
16.5
337.3
311.72005-06E
2006-07P
2010-11P460.6
12.9
0 50 100 150 200 250 300 350 400 450 500
Exchange Rate: US$ 1 = INR 41
MaRket oveRviewDmbr 2008
8/8/2019 Indian Retail Market 2008
7/78
trs rm rd mdr r
w sr r 95 pr r
rus, rd r us b
bb id r dusr.
or 12 m sm d mdum r us xs
id, s ur.
trd r rms r ppur
sm s d s prmr prs burd r srs, pus-r drs,
ms d mds.
MaRket oveRviewDmbr 2008
8/8/2019 Indian Retail Market 2008
8/78
Mdr/rsd r s r rss
p urb id, ud b bur m
.
irs umbr dms d r
prs r s up bs ur d
xpd r busss p s r mr.
trs rm rd mdr r
MaRket oveRviewDmbr 2008
8/8/2019 Indian Retail Market 2008
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gr rss sms
t d d brs sm us r
rs sr r 74 pr r p.
trd r dms d, rr d d
prdus sr, rr d sps r
surd rm krs d pus-r drs.
appr d sumr durbs rs r
ss r rs.
MaRket oveRviewDmbr 2008
Sr vrs
n Food and Beverages n Clothing and Textil
n Consumer Durables n Jewellery and Watches
n Home Decor n Beauty Care
n Footwear n Books, Music and Gifts
Revenue o Verticals
Fd d Brs US$ 231,951 m
c d tx US$ 29,024 m
csumr Durbs US$ 15,171 m
J r d ws US$ 19,390 m
hm Dr US$ 9,463 m
Bu cr US$ 6,854 m
Fr US$ 3,268 m
Bs, Mus d g s US$ 2 ,610 m
74.41%
9.31%
4.87%
4.30%
3.04%
3.04%
1,.0
5%
0.8
4%
Source: Crisil Research
8/8/2019 Indian Retail Market 2008
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10
w m pr s d s
d m usrs ddd r m,
mb p r s s
r prdu rs.
w rdu r ids bu
ms, m dr sr s r rpd
m d. Bu r, m dr, bs, mus d s
sms r r prdm
urb rs d mr s.
gr rss sms
MaRket oveRviewDmbr 2008
8/8/2019 Indian Retail Market 2008
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11
irs pr rsd r
MaRket oveRviewDmbr 2008
S id r mr rss sms, 2007 orsd r id s r rsrd
urb d sm-urb rs, sumr
xpsur mdr r rms ms
d sd- srs, ., r sp prdu
rs.
Pr rsd r s prjd
rs 9.52 pr 2009-2010, rusrm rsd r u US$ 43,829 m
2009-2010.
c d xs/ppr sm dms
rsd r sr rus r US$
4.76 b, rbu r 36 pr
rsd r p.
Segment Total retail Organised
retail
Fd d rr 6,422 50
tx d ppr 980 185
Jr d s 554 30
csumr durbs 415 43
Prm 364 10hm sus 351 32
Bs, mus d s 115 15
ors 1,159 111
Total 10,0
8/8/2019 Indian Retail Market 2008
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1
appr s ss r rs,
r umbr dms d r brds, d
rs sumr ss p r qu.
Fr s s rsd r pr,
prmr du prs B id P. ld. d
lbr, d dsrbu r d usmr
d.
irs pr rsd r
MaRket oveRviewDmbr 2008
cmpr pr rsd r
Source: Ernst & Young research
US 85% 15%
Taiwan 81% 19%
Malaysia 55% 45%
Thailand 40% 60%
Indonesia 30% 70%
China 20% 80%
India 3% 97%
n Organised Retail n Traditional Retail
0 20 40 60 80 100
8/8/2019 Indian Retail Market 2008
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1
Fuur u
R sr rus pd US$ 460.6 b
b 2010-11
orsd r prjd r US$ 43.8 b
Mdr r s xpd dp d mbb rm
rd rms
Ursd rms r rm rsd
rms, rm musrm ms
Changing Paradigm: The Conidence o Modern and Traditional Retail
1s Ps 2d Ps 3rd Ps 4 Ps
2000
2005
2008
2011
Growth
er, gr,
exps,tp l Fus
r orsd
R
R,
Pr,
Frm
ops,
B
Rur-
Urb R
Mr
t
adp,
lr
trd
Frms
r Mdr
R
M&a, csd,
h isms,
cu
id R
PercapitaR
etailSp
ae
MaRket oveRviewDmbr 2008
R sr rus pd US$ 460.6 b
b 2010-11
orsd r prjd r US$ 43.8 b
Mdr r s xpd dp d mbb rm
rd rms
Ursd rms r rm rsd
rms, rm musrm ms
8/8/2019 Indian Retail Market 2008
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RetailDmbr 2008
1
0 50 100 150 200
Sm s id r mr
US$ billion
Food andGrocery
Textile andapparel
Jewellery andWatches
Consumerdurables
Pharma
Books, Musicand gifts
Others
HomeSolutions
n Retail size
Fuur u
lr id r prs rd bu
rmu srs r rur r sp
t d d brs (F&B) sr s xpd
u US$ 116 b mr b d 2008-2009.
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1
aDvantage inDia
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1
aDvantage inD iaDmbr 2008
ad id
Fastest Growing Economy
gDP r r 9.4 pr psd 2006-07
s s r s 18 rs. w rs qurr
r r r 2007-08 smd 9.3 pr ,
m s psd u s r sr.
t s p gDP r s dr id
sumrsm; id sumrs d r mrd d spur
2002-03
0 200 400 600 800 1000
2003-04
2004-05
2005-06
2006-07
grss Dms Prdu
Source: Reserve Bank o India
US$ billion
gr R (pr )
Source: Reserve Bank o India
2002-03
2003-04
2004-05
2005-06
2006-07
0 2 4 6 8 10
US$ billion
8/8/2019 Indian Retail Market 2008
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1
ad id
Young India
t-rds ids ppu s udr 35 rs
d mr 60 pr ppu b
r rup (15-60) r 2050.
t md 23, ppsd rd md
33, ss mr u id pr
id s m bu 20 pr b
ppu udr 25.
gr yu Ppu
Source: India Census
n Under 15 n 15-64 n Over 65
2000
2005
0 200 400 600 900 1000800700500300100
2010E
2015E
2020E
US$ million
aDvantage inD iaDmbr 2008
8/8/2019 Indian Retail Market 2008
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1
ad id
Potential Untapped Market
orsd r pr s rs d rs
r prps r r prs s
s sp r xps r xs prs
Drs ds id sumr rs
sprum pprus, sp rm rur
r uxur r
id s m rs bs sumrs, d
sd rs r d supr r ppu
imprss r sp b d r rd
sumrsm mr s d sm
s dd mr rss
id R , P R id lmd,purs mr 0.3 pr mr id,
mprd ts P, eds 14.3 pr
d wmr USas 20 pr , s u r
uppd p
Sr orsd d trd R
* 2004-05 fgures.
0 20 40 60 80 100
Malaysia
Thailand
Indonesia
China
India
Talwan
US
3 97
8020
7030
6040
4555
1981
85 15
Source: Ernst & Young Retail Report
n Organised retail n Traditional retail
aDvantage inD iaDmbr 2008
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1
ad id
Abundant Availability o Skilled Labour
or 37 m suds r rd bu
150,000 pr- sus d r 11.7 m
14,000 r du sus 2005-06.
R mm s su r du srm
ms suds, r 15 prmr sus
r spsd urss R Mm.
id isu R, n D; RPg isu
R Mm, Mumb; d t R
adm, amdbd r sm sus
us du ds r sr.
aDvantage inD iaDmbr 2008
8/8/2019 Indian Retail Market 2008
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0
Low Cost o Operations
exs prs r rs ur tr ii d
tr iii s r r sbsms d mpr
sur
ts s r s s d
rm -s sd rsurs d r s
rs/r s prs.
w -dud sm rdus ur
urb s r mpm, s rdus r
d dds r ss d mr xu
rs mdr rsd r rms.
ad id
aDvantage inD iaDmbr 2008
lbur s pr rr rss as urs
Source: Department o Industrial Policy & Promotion
China
India 1,192
729
Indonesia 1,000
Phillipines 2,450
Thailand 2,705
Malaysia 3,429
Korea 10,743
Singapore 21,317
0 5,000 1,0000 15,000 20,000 25,000
US$ per annum
8/8/2019 Indian Retail Market 2008
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1
Policy
8/8/2019 Indian Retail Market 2008
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P d rur rmr
Policy ramework
FDi up 100 pr d udr um
ru r s d rr s rd d xpr
rd d FDi up 51 pr s d, prr
rm ppr r r rd S Brd
prdus. FDi r ds udr mup
brds, ds r prdud b sm muurr, s d udr
urr uds.
PolicyDmbr 2008
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P d rur rmr
ts ru s
r mp
r
s rm
dms
rr r prr
id prmr
d mps.
Strategic License
Agreements
100 pr Fr
Dr ism s
d s
rd s
bud r
dsrbu r.
Cash-and-Carry
Wholesale Retailing
a r
mp s up
dsrbu
id d supp
prdus
rrs. Frs
us s b
s up s ru.
Distribution
t r ru,
uds
msr rs d
r rs
rus s d usd,
umbr
r brds
s prs
id.
Franchisee Route
a mp
sbs s
muur u
id
sd r
us
Manuacturing
ir rms
r rms
dms prs
d s up bs
id. Sr Mncs
s rsrd 49
pr s ru.
Joint Venture
Available routes or oreign players to enter the retail sector
PolicyDmbr 2008
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P d rur rmr
PolicyDmbr 2008
Pizza hUt
DoMinoS Pizza
MaRkS & SPenceR
nike
toMMy hilFigeR
SUBway
FRanchiSee
MetRo
ShoP Rite
caSh & caRRy
wholeSale tRaDing
SwaRovSki
hUgo BoSS
Mango
DiStRiBUtion
Bata
UniteD coloRS
oF Benetton
ManUFactURing
McDonalDS
ReeBok
Jonit ventUReS
Indicative list o international players and their chosen entry route
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P d rur rmr
Related liberalisations or Indian retailing
vu ddd x (vat) s b rdud d
mpmd ms ss d u rrrs, d
rss ms dusr rs (xp
xs) rs mup x ssus d
m urm prs rss urs. or
s b bsd m ss urr rd r sr.
lbr s id r udr sr r
r brs, rm rx
r rms r prm fxb s
r mr r ubs su s Buru d
hdrbd. ls rsr r urs,
mdr sur sr . rb mdd su mdr r x,
sur drs mp bs
r mps.
PolicyDmbr 2008
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P d rur rmr
Related liberalisations or Indian retailing
t rm s r rds rdu
mpdms b rdu s-d r
msm. ts ud rdu r d
sbsm ms r prs mr
d m d ss r pprs.
trm s xpd dp brdppr d d r rrms mpr
r s rur rm d s
ss r sp r r srs.
PolicyDmbr 2008
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trm s rs r rs
udpd d r r dpm
Mumb d n cp R (ncR). ts s
s b d b r S grms,
ssd bs r grms
rm ss mprss rus rm s
d d x rm r dpms.
Sus prbms rd s rs
d pr- s, s dr
r srs, r b pursud b
rm, s su s Sp em
zs (Sezs), m rm rd
d .
P d rur rmr
PolicyDmbr 2008
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t aruur Prdu Mr cmm a
(aPMc), urs dr sur ruur
prdu (rr, d rs ) s prpsd b
mdd s, Dr Md a b sd
b rm. t prms dr
mr rprs b rmrs, s up
rmrs/sumrs mr d r rm.
t rm s ur r rm, s
prds s b rmrs d
rpr rrs, rmr ss
rr mr d r dr r mr
prurm sur mp prs. t
grm s urr pursu dpm
d mdrs sr d
mds b d sr, srd rd s.
P d rur rmr
PolicyDmbr 2008
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key tRenDS & DRiveRS
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0
Mrs d
Maturing metros: Delhi and Mumbai
Sx m id usds r ssd s r
u m r US$ 4,700 d r
m D, Mumb d Br.
62 pr mr r prmum prdus
id s s rd s r s.
85 pr ids r mr s rd
urs rs s.
o m usds p ids m
mp su supr-r ur.
gr b 20 pr r r, s sms
bu bur s s rrspd
r urprs. w s sm
s r r r -d prmum prdus, s drr rsd r sr.
key tRenDS & DRiveRSDmbr 2008
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RetailDmbr 2008
1
Mrs d
Map o Indias income classes
1- 10-00 00-0
Rich (au m > US$ 4,700)
B Mxmsrs: o rs, Pcs
1 m usds 3 m usds 6 m usds
conSUMing (US$ 1,000-4,700)
cs-b pmrs: h b brdd
sumrs ds, 70% -rs.
rrrrs, s m
29 m usds 55 m usds 75 m usds
cliMBeRS (US$ 500-1,000)
cs-srd b srs:
h s mjr durb
(mxr, s m/s)
48 m usds 66 m usds 78 m usds
aSPiRantS (US$ 350 - 500)
n rs sump:
h bs, rds, s
48 m usds 32 m usds 33 m usds
DeStitUteS (lss US$ 350)
hd--mu xs: n bu
35 m usds 24 m usds 17 m usds
Source: Rao and Natarajan, National Council or AppliedEconomic Research, 1996
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Delhi
D/ncR, s p id d m
s umbr r d supr-r usds,
rbud s US$ 12,683 m 2005-06
r rus.
n cp R (ncR) rbus
US$ 16,342 m r rus 2005-06,d s prjd p drs mr r
US$ 19,522 m b 2010-11.
ncR s s m sp b d
s umbr fu usds.
Mrs d
key tRenDS & DRiveRSDmbr 2008
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Mumbai
hm r pr r
ddus, Mumb rbus s
US$ 10,195 m r ru
t r ppru r s mr s prjd
US$ 14,927 m r 2010-11
Mumb s m dr m rups, rm sprs supr r; s
rbu r rus ru rus
r rms
Mrs d
key tRenDS & DRiveRSDmbr 2008
Source: Crisil Research
8/8/2019 Indian Retail Market 2008
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emr r ubs
Cities on the Fasttrack
Buru, hdrbd, c d k
rbu US$ 15,511 m r r
rus, d prjd u US$ 25,610 m
b 2010-11
R Buru, hdrbd d c
s r xp r, pmrs m sp b d
Ms r sr s pr
s s, uur ps xpd bs,
rpd rs usds rm r
m rups r m rups
key tRenDS & DRiveRSDmbr 2008
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w r it/itS srs rd
s s, dspsb ms rsd
rpd r rs
Buru s sdrd S v id,
ms dms d r it s
r prs r
ts s r prjd xpr udrbus m r m rs
emr r ubs
key tRenDS & DRiveRSDmbr 2008
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emr r ubs
Metros-in-the-making
t mr d p s Pu, amdbd,
Jdpur, . u r bu US$ 15,619 m r
rus. t mbd r p s s s
xpd sr US$ 23,563 m b 2010-11.
Pu s ss mr ds r srs
sr, s d b amdbd. ts s r
m s busss dss b rpr uss.
t mr rm rd r mdr rms
s r b s s, xps
rs m sp b d brdd us.
apprxm 315 prmrs r xpd m
xs r-i d r-ii s rss id b
d 2011. 52 d s r mr s r ubs b 2011
r-iii s mr p s r
mr prmrs.
key tRenDS & DRiveRSDmbr 2008
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emr r ubs
High Growth Cities
Pu amdbd cdr lud k vddr Jpur lu
Emerging Citiesidr amrsr Jdr Mr ns Bubsr ar vspm
cmbr kpur npur g Sur Msr Jmsdpur trupurm
Potential Cities
Jdpur P vrs Mru Rj aurbd Bp Sp
vjd Mdur R gu Jmr Srr abd
key tRenDS & DRiveRSDmbr 2008
Source: Crisil Research
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trus rs rss rps
Maturing Metros
D d Mumb r r mr r
uxur d s r, s s b
m s umbr usds b
fu r ( m rr
US$ 24,000 pr um).
D d Mumb r m rs pr fu usds ur, u r
r 30 pr r rus. t fu
usd pr s xpd dub b
2010-11, d s prjd rr r
uxur r sm.
key tRenDS & DRiveRSDmbr 2008
Source: Crisil Research
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trus rs rss rps
Metros-in-the-making
ts s urr r xpsd prmr
vu
t sum ss us r r 60 pr
usds, r p d
d rr, sumr ds d ppr rs.
Prs Fuur grup, itc -cup, tad Br nu grup, R Frs, . r
m p r-prdu d d mr
rs-mr d.
key tRenDS & DRiveRSDmbr 2008
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0
trus rs rss rps
Cities on the ast-track
gr dspsb ms, sum ss
d rs sdrd rss s
s rs pprus rss r
rms d rs.
t musrm s rms s s
bsrd rs xpsur sumr bs r brds d ss spd
r qu.
ts s ms s sr s s bds
r sr rms.
key tRenDS & DRiveRSDmbr 2008
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1
M sp b
t umbr ms D, Mumb, hdrbd d
Pu m u 250 b 2010 s prs 40.
t umbr ms s prjd rs
600 b 2010-2011.
key tRenDS & DRiveRSDmbr 2008
t umbr ms p s
Source: Indian Realty News, 2007
n No. of Malls n Gross Leasable Area (mn. Sq ft)
US$ million
0 20 40 60 90 1008070503010
Hyderabad
Chennai
Delhi
Mumbai
Pune
Bengalore
Ahmedabad
Kolkata
96
55
19
12
10
6
14
7
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Frm s up ids rs m 1999,
r s b sd mr r rm
rd rsd rm, rd b
mr prud urb rs.
t m sp rss s s (ncR,
Mumb, Br, k, hdrbd, Pu d
c) s sprd r 40 m Sq.. 2006-
2007. M sp s prjd rs r 60
m Sq..
2007-2008.
M sp b
key tRenDS & DRiveRSDmbr 2008
M Sp Dsrbu tp 7 cs
( m sq. .)
n Mumb n Pu n k
n hdrbd n Buru n c
n ncR
Source: Jones Lang LaSalle Meghraj Retail Report
19.25
9.94
1.8
3.5
1.074.11
8/8/2019 Indian Retail Market 2008
43/78
e sumr bur
Changing ace o the Indian consumerism
t s prs ids mdd ss r
rdd xpsur sr us d
r brd susss
Frm s spd mds, u r
id sumrsm s bu
Mrd rs umbr rs dpr rus rss rs.
Du rsd sumr xpsur s
rds d brds dr b mss md, r
rus r sr
key tRenDS & DRiveRSDmbr 2008
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Integrated retailing ormats
Rrs r rpd r d drs
r sr rms r mr rds
sumr bur.
Fd Br ss sps bu; d
p m r usmrs r prs p
md u d mds bu sps R Frs ss rs frs
d bs.
Rrs r xpd mr s
mds sr rms s ppsd m
rms dpd r mrs.
e sumr bur
Modern retailing ormats:
Ms
Dprm Srs
Dsurs
cs d crr
key tRenDS & DRiveRSDmbr 2008
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gr urbs d dspsb ms dr r
Higher disposable incomes
Dspsb ms r rs m
prd us mpm it/itS d
r surs srs b, sp .
emprs r r r mps
ps d prquss sd id prsss
ids b spd r US$ 30,000 r (PPP rms) spuus sump.
Dspsb ms r xpd rs r
8.5 pr pr um 2015.
Prs Dspsb im
Source: Reserve Bank o India
2000-01
2001-02
2002-03
2003-04
2004-05
0 100 200 300 400 500 600 700
US$ billion
Source: Reserve Bank o India
y--y Pr gr
2000-01
2001-02
2002-03
2003-04
2004-05
0 2 4 6 8 10 12 14
Y-o-Y Percentage growth
key tRenDS & DRiveRSDmbr 2008
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gr urbs d dspsb ms dr r
Increasing urbanisation
ids urb ppu s smd 286 m,
su 27.8 pr ppu,
s 2001
t urb ppu s prjd rs
468 m, su 33.4 pr
prjd ppu 1,200 m b 2010-11. irs umbr u mpd xus
d dr dd s smu r
mdr r urb rs.
Urbanisation 11 11 001
Urb ppu (% ) 23.3% 25.7% 27.8%
Urb ppu css i s (%) 60.4% 65.2% 73.7%
Source: Census India
key tRenDS & DRiveRSDmbr 2008
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es rd: ar drr
Bs d sus rsd r
r d mu r rd d sr rs.
ar xpsur bs r s s
25.5 pr s 2005-06.
gr p ps m rss
sm d mdum
Source: Crisil Research
180 2 4 8 10 126 14 16Number of Cards (in millions)
Mar-00
Mar-01
Mar-02
Mar-03
Mar-04
Mar-05
Mar-06
crd crd gr ( ms)
Source: Crisil Research
500 10 15 25 30 3520 40 45
Y-o-Y Percentage Growth
Mar-00
Mar-01
Mar-02
Mar-03
Mar-04
Mar-05
Mar-06
crd crd gr ( pr)
key tRenDS & DRiveRSDmbr 2008
8/8/2019 Indian Retail Market 2008
48/78
Source: Crisil Research
Number of Cards (in millions)
Mar-01
Mar-02
Mar-03
Mar-04
Mar-05
Mar-06E
600 40 50302010
Db crd gr ( ms)
Source: Crisil Research
Y-0-Y Percntage growth
Mar-01
Mar-02
Mar-03
Mar-04
Mar-05
Mar-06E
400-50 250 32517510025
Db crd gr ( pr)
es rd: ar drr
Dsburs m s d prs s r
sur, bs d sus ssu s
r rs rs d s m
sm ps.
key tRenDS & DRiveRSDmbr 2008
8/8/2019 Indian Retail Market 2008
49/78
irs sm
Recent VC/PE Deals (January March 00)tr aqurr/isr vu US$ m
Pru (id) Fd, n
vr, Bs,
gss cp, ars
cp d lbr
ir
33.24
Mudr ls SiDBi vur cp
d S B
3.27
Fm Du Fr
Sps
crup vur
cp
22.73
hm Sus R
id
k Pr equ 12.00
S kumrs nd aDM cp 82.00
Brdus R aDM cp 25.00
International players eyeing the Indian market
w-Mr s rd 50:50 J vur d
Frs rm Br R ld. d ps
s up s rs s--rr u b 2007-08.
t Srbus Pps c. j ur s xpd
prd id mr ss rds rs
. Fr r mjr, crrur, s s s
r ru id.
key tRenDS & DRiveRSDmbr 2008
8/8/2019 Indian Retail Market 2008
50/78
0
Brup vc/Pe sms 2006(vu)
n it-BPo n BFSi
n Muur n e. & csru
n hr & l Ss n R es
n Md n F&B d R
n ors
20%
13%
13%
7%8%
3%2%
9%
25%
Brup vc/Pe sms 2006(vum)
n it-BPo n BFSi
n Muur n e. & csru
n hr & l Ss n R es
n Md n F&B d R
n ors
28%
18%
10%
10%
8%
5%
4%
6%
11%
irs sm
Source: NASSCOM Source: NASSCOM
key tRenDS & DRiveRSDmbr 2008
8/8/2019 Indian Retail Market 2008
51/78
1
key PlayeRS
8/8/2019 Indian Retail Market 2008
52/78
k prs
Pantaloon Retail India Limited
P R id lmd (PRil), Fuur grup
ur, srd s prs P Spp
1993 d s s mrd b r
id r m squr
r sp sprd r 450 srs rss 40 s
id.
t mp d rus r US$ 887
m 2007-2008, 75 pr rs r
2006-2007. t pr sd US$ 29.75 m
87 pr r prus r.
key Pl ayeRSDmbr 2008
8/8/2019 Indian Retail Market 2008
53/78
P R s m rss s m
id mr, dsud sr rms
Brd Fr . s bmrs r
prs r mr. i sr rms
hm - -sp sp r m
rqurms, Sprs Br - sprs m rsur
mp m urs d srs r m
, h c - u sm rd spd bu r ur ., r mr,
sd mr ps PRil.
t uqu s prps P R
s du ppr p b u sm
d s d uxur sm, b sbs
r rms sm B Br, Fs
S . md u r cr,Ps . purs s sm
sumrs.
k prs
key Pl ayeRSDmbr 2008
95.6
33.2
472
264
0 100 200 300 400 500 600 800 900700
Source: Company Reports
n Retail Turnover n Operating Income
846
21.1
161
11.2
2004-05
2005-06
2006-07
2003-04
US$ million
8/8/2019 Indian Retail Market 2008
54/78
k prs
Shoppers Stop Limited
Spprs Sp, sbsd 1991 s fsp
sr - Spprs Sp, s xpdd r 100
r us sprd rss 1.1 m squr
bu-up r, sp r sprum
r rs d rms.
Pr bs u r mr 21 pr s r rus, Spprs Sp rsr
mprss umbr rss usmr
s r (rs r) 27 pr .
Sr prrsps r r
prs Mrr P Br d lsur &
ad idusrs ausr, r d Spprs Sp
r mrs. arss xps ps r pp r rms
tm, sur d rm rm
ur d Br - br d sr
r crssrd bsrs.
16.7
11.9
155
109
Source: Company Reports
n Operating Income n Retail Turnover
0 50 100 150 250200
202
8.4
84
3.8
2004-05
2005-06
2006-07
2003-04
US$ million
key Pl ayeRSDmbr 2008
8/8/2019 Indian Retail Market 2008
55/78
k prs
Tata Trent Ltd.
esbsd 1998
Rus: US$ 53 m
r 2006-2007
R sr : appr,Sp bs d mus
curr sr rms
Fuur ps: n ur-i
R ld.
Muur pr bs pprs
Prp s: wssd, ldmr,
Sr id Br
RPG Enterprises
esbsd r 1996
Rus: US$ 182 m
r 2006-2007
R sr : Fd & rr,bu prdus, sp- mus
curr sr rms: c
srs, suprmrs, prmrs
curr us: 279 us
Mus rd s ups 350
s rss ur.
Fuur ps: Sup 2000 srs b
2009 id
Prp s: Sprs, Mus
wrd
Landmark Group
Prs id s 1999
R sr : ppr, m
dr & urs
curr sr rms: Dprmsrs, prmrs
curr us: ls-10 us,
Mx R-4 us
Fuur ps: Prs m mrs
d tr-ii s
Prp s: ls, hm
cr, Mx R
key Pl ayeRSDmbr 2008
8/8/2019 Indian Retail Market 2008
56/78
k prs
Madura Garments
esbsd 1988
Pr ad Br nu grup
R sr : appr
Prp s: lus Ppp,v hus, a S, SF js,
Pr ed
J vur r
brds: espr
curr us: P Fs-50
us, trusr -9 us
Fuur ps: Prjd rs
300 us b 2009 d drs
ms r sm
Prp s: lus Ppp, vhus, a S, SF js, Pr
ed
Vivek Group
esbsd 1965
Rus: US$ 91.5 m
R sr : d & rr,
bu, sp - rs &m pps
curr sr rm: Suprmrs,
hprmrs
curr us: v-23 us,
Jss-26 us, Prmr-3 us
Fuur ps: S up 60 srs
Su id
Prp s: vs, Jss,
Prmr
Globus
esbsd 1998
R sr : appr
curr sr rm: Sd
srs curr us: 21
Fuur ps: t s up 100 srs b
2008
Muur pr bs udr
gbus d F21
Prp s: gbus
key Pl ayeRSDmbr 2008
8/8/2019 Indian Retail Market 2008
57/78
Subhiksha Trading
esbsd 1997
turr US$ 75.6 m
R sr : d, mds
curr sr rm: Suprmrs curr us: 150 us
Fuur ps: t s up 600 srs
145 srs ncR r
Prp s: Subs
Nilgiris Ltd.
esbsd 1904
Rus: US$ 30.5 m
r 2006-07
R sr : Fd & rr,sp- br prdus
curr sr rm: Suprmrs
Fuur ps: t rs srs
100
Prp s: nrs
Trinethra Super Retail
esbsd 1986 (t r b
ad Br nu grup 2006)
Rus: US$ 58.5 m
r 2006-07 R sr : Fd & rr,
bu prdus
curr sr rm: c
srs, suprmrs, prmrs
curr us: 150 us
Fuur ps: t r
prms, ppr, r
Prp s: trr Supr
R., ld., trr Qu Sp
k prs
key Pl ayeRSDmbr 2008
8/8/2019 Indian Retail Market 2008
58/78
Provogue Ltd.
esbsd 1997
Rus: US$ 38.1 m
R sr : ppr,
r curr sr rm: Sd
srs
curr us: 139 us
Fuur ps: t m d dp
ms
Prp s: Pru, Pr
Bata India Ltd.
Prs s 1931
Rus: US$ 179.8 m
R sr : Fr d
ssrs curr sr rm: sd
srs
curr us: 1100 us
Fuur ps: t rmd 150 srs
d p 40 mr srs
Prp s: B
Archies Ltd.
Prs s 1979
Rus: US$ 20.8 m
R sr : Sp-rds
& s curr sr rm: sd
srs
Fuur ps: t rs rm 73
srs 200 b 2008
Fuur ps: t rs umbr
us rm 73 srs 200
srs b 2008
Prp s: ars, Supd cupd
k prs
key Pl ayeRSDmbr 2008
8/8/2019 Indian Retail Market 2008
59/78
Prs rss rs
Food and Grocery
Ur
BJn grup
M
c c D Brs
R Frs
ap Br
Spr grup
itc
ad Br grup
nF
FbM
gdrj
MDds
Jewellery and Watches
tss
Dms
g
tsq k
crb
tBz
Clothing and Textiles
Fbd
Br
BiBa
Prmd l
ls
eb
Rmd
Pp Js
kpp
M
n
lcpr
Footwear
Rb
lbr
n
n B Umbr
adds
wdd
Pr
key Pl ayeRSDmbr 2008
8/8/2019 Indian Retail Market 2008
60/78
0
Prs rss rs
Home Dcor and
Furnishings
P R id ld
gur
Rmd
crmus ls
Dur
gdrj
nm
Bmb D
Beauty Care
loReal
am
R
h d g Bqu
R
Mb
hm
lm
Electronics
crm
vd
od
wrp nx
Pps
BPl
lg
Smsu ers
nx
gdrj
Books and Music
Dp
P M
hmr
Mus wrd crssrd
key Pl ayeRSDmbr 2008
8/8/2019 Indian Retail Market 2008
61/78
1
ir rrs
ir rrs r s xpd r busss
id p r sumr bs. Rb s s
up s rs sr rd hdrbd, tmm
hr d ls r 20,000 squr r
sp d sd- srs rss mjr mrs. t
s-d s P hu, MDds, Sub .
r xpd s p, mr tr ii
d tr iii s d xpd mrs s s.
Internatonal Retailers
n ws
Ud crs B
adds
M
MrR
Phu
Rd er
Senza
n
tgi Frds
Sms
MDds
Prmd
Rb
Mrrbr
Mp
grd
ls
arr
l
ls
Sub
Rub tusd
Pp Js
tss
wrr
crd
key Pl ayeRSDmbr 2008
8/8/2019 Indian Retail Market 2008
62/78
key oPPoRtUnitieS
key oPPoRtUnitieS
8/8/2019 Indian Retail Market 2008
63/78
i rms
Players taking the frst-mover advantage
Mr 72 pr ids ppu rsds
sm s d rur rs r-prdu r
rm s sr r p s
rs, r mms p r d d rr
rs d u r
Prs R R, ad Br nu grupstrr Suprmr, . rss ps
p s mr s.
Prs sbsd r prs
p mrs r p r sbsms s
mr s rs-mr d r
r rs.
key oPPoRtUnitieSDmbr 2008
key oPPoRtUnitieS
8/8/2019 Indian Retail Market 2008
64/78
i rms
Specialty ormats
Frms wdd Ms, r urd
r s r m r prs id
mr. ts srs s mp r
dd ds rm ppr jr.
kd & v idusrs cmmss (kvic) s s
r u sr s kd Ps, ud ss dm xs rm.
or 7,000 xs us r b bd up
r ss u sumr.
a s dd drs rms r v
Ms, r pr sps b rmpd
r rr ds ppus. gujr
grm s sprdd s 512 ms ud d r 508 .
key oPPoRtUnitieSDmbr 2008
key oPPoRtUnitieS
8/8/2019 Indian Retail Market 2008
65/78
id s sur ub
Emergence o India as Retail Sourcing Hub
Rd b sr muur dusr,
id s s mr s mpr b sur
ub r p r brds
w-Mrs sur prs r smd
US$ b, tss rud US$ 100 m d
Mrs & Spr rud US$ 145 m txs dmd sur sr ru
1990s, d mum usr
dr mrs r sumr ds
d r.
Ur surs mjr u r FMcg
prdus rm s d id subsdr,
hdusUr lmd
adds, nx d c k r xpd
rs sur rm id, adds p
s rs Buru.
key oPPoRtUnitieSDmbr 2008
key oPPoRtUnitieS
8/8/2019 Indian Retail Market 2008
66/78
id s sur ub
Increasing Technology Adoption
w mdr r sr rms r
s, prs r rs dp dd
rm s r m r
supp , rus d ss rqurms.
R sud pr it xpr
rus 2005-06, d s s srs dr dms it xpdur.
apr rm dusr s, sm s rrs
r s mbr it sus spru up r
prs.
B u it rms iBM id, or, SaP
r dp sus smr rrs, su s
mrds sus, sus r sr-p s (PoS) ds d rdr rqurms,
br s.
key oPPoRtUnitieSDmbr 2008
key oPPoRtUnitieS
8/8/2019 Indian Retail Market 2008
67/78
c--bu pm
Online Retailing
irs umbr brdbd d d-up
r s, md prs m, rsd
us ps m, d r u ppu
spds sdrb m r
r spp.
Prs Rd.m, B., idms.mr rs rs id r
sp, mprss rus ru
rss. R prs r s
mr ud Ps R id ld.,
ru s Fuurbr.m ur.
key oPPoRtUnitieSDmbr 2008
key oPPoRtUnitieS
8/8/2019 Indian Retail Market 2008
68/78
tr s r rd m rrs mr prs r s sumr ss,
purs mrds t idms
-s., g&Bs drjsp.m.
M smr r prs r musrm
rd d b, m id sumr
rqurms ppr, drs d
jr.
w u-ddd srs s--dr
rss b sumrs u
rd/db rd, uqu bdd sms ,
-mmr s s p id
c--bu pm
key oPPoRtUnitieSDmbr 2008
key oPPoRtUnitieS
8/8/2019 Indian Retail Market 2008
69/78
emr rur r
Rur prmrs r r bsr p,prd mup srs rm r prm
bu d s rm prdu bs d rsurs.
itc cup Sr: curr r r 14 us
pr, d itc ps rs umbr
700 r x 7-10 rs. cup Sr rs
prdus d s s s prurm ub r itcs
-ups r rmrs r rd br rs rr prdu, s mprd pr md
rs r sm.
DScls hr ks Br: or 70 us d
prpsd u 200 r x 12 ms.
key oPPoRtUnitieSDmbr 2008
Retail
8/8/2019 Indian Retail Market 2008
70/78
RetailDmbr 2008
0
emr rur r
id o crprs ks S kdr: orsu, r-prdu, FMcg d u ddd srs
rss r r 1400 us.
R R d P R r xpd
ur mr rss rur r
sp.
as Dpm B ud d US$ 150 m
r r kd. ts bsr mpm
rur rs.
key oPPoRtUnitieS
8/8/2019 Indian Retail Market 2008
71/78
1
Rspd uxur mr
afu usds u r jus bu4.5 pr ppu, bu u
r mr 22 pr r ss,
US$ 62,340 m rus.
t umbr fu usds r prjd
rs 8.5 pr , rs r
ppru r US$ 152,000 m 2010-11
D d Mumb r prm rburs
uxur r sp, s ds uxur
brd us
key oPPoRtUnitieSDmbr 2008
key oPPoRtUnitieS
8/8/2019 Indian Retail Market 2008
72/78
t s us r p md -sr s d -d m sps, md
s d sumr xpsur.
Prs rss xps ps pp,
sr d rrd b bm
ss.
t lus vu srs Mumb d D
rd m ss US$ 13 m r
2005-06, d hu Bss s xpd r
mrs, prpd b s 30 pr ss r
id.
Rspd uxur mr
key oPPoRtUnitieSDmbr 2008
key oPPoRtUnitieS
8/8/2019 Indian Retail Market 2008
73/78
lsur d rm
erm r s rd id ss mupxs, m s, . musrm s mu
s ms.
hu rm d sur ppru
r xs 10 srs pr m
ppu id mprd 40 srs
eurp mr d 117 US.
t sur d rm rus r
pd US$ b r 2005-06, 14 pr
rs r 2004-05.
orsd r r r r 30
pr r 2004-05, d s xpd m
s p r m rs, id prs
s s mr.
R is adbs d Spprs Sps
tm rss xps ps
pp, rrs xpr Jv p
r s
Operator Multiplexes Screens
in
00-0
Screens
projected or
010-11
adbs cms 22 80 225
cmx 11 36 141
Dt cm 3 6 na
e-c vurs 25 95 1500
ix lsur ld 15 54 165
M2k cms 2 5 na
PvR ld 21 82 208
Prsd iMaX 2 5 na
Prmd Smr 290 325 2000
Srr 7 30 235
ws cms 3 13 200
Source: CB Richard Ellis
key oPPoRtUnitieSDmbr 2008
Source: E&Y Research
key oPPoRtUnitieS
8/8/2019 Indian Retail Market 2008
74/78
cs- rs s
Fs pd rsruur dpm, uddpm r rprs d mr
rs s p up us r r
t arpr aur id s mbr
uprd 9 mr rprs d 15 -mr
rprs, ps spru up r sp
rprs s
t j-ur b spprs Sp d
t nu grup ag s r r
s up du-r d du-pd r us
upm Buru d hdrbd
ir arprs
o o U SDmbr 2008
key oPPoRtUnitieS
8/8/2019 Indian Retail Market 2008
75/78
Mss Rpd trs Ssm, urr pr D, d pp r mr s
Buuru d hdrbd s s xpd r
mms r p
w 53 mr ss pr d 79 ss
prpsd m up b 2010 Ds Mr R,
sr rrs r r ps
mmr p
ar D Mr R crpr rdd
omx lmd, cr Br cmmr
Dpm. omx s rd srum
rm vs R, D bsd r
mjr.
cs- rs s
Dmbr 2008
key oPPoRtUnitieS
8/8/2019 Indian Retail Market 2008
76/78
or pprus
Special Economic Zone (SEZ) synergies
154 Sp em zs r d s
obr 3, 2007, sprd r ss d u
rrrs id.
Sezs r mp r pprus,
pr Sez r rmrd r r
-prss .
t s r r sp s ud
sdr rus prmrs p Sez,
prjd s rsd ppu Sez, d
ppu m r.
it/itS bsd Sezs r mprss r
pprus; r sm r su Sezs
ud b urb ppu -dspsbms.
Dmbr 2008
key oPPoRtUnitieS
8/8/2019 Indian Retail Market 2008
77/78
or pprus
Tourism Related Opportunities
w urss f rs mprss
pss r, ursm ds r r
ppru. i 2005-06, pprxm 4.45 m
r urss rrd id, 13.5 pr
r r 2004-05.
R r drs d rs s
p pur rs r urss,
r d drs uur r id
t id tursm Brds D h ( rs br
d D) rs r rs rus
ss, r r umbr urss.
t p s s r r
dss id su s Jpur, Mumb dhdrbd.
Dmbr 2008
key oPPoRtUnitieS
8/8/2019 Indian Retail Market 2008
78/78
Dmbr 2008
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