Tuesday, October 16, 2007

E-Retail Development In India-Storrz.com

According to this year's Global Retail Development Index India is positioned as the leading destination for retail investment. This followed from the saturation in western retail markets and we find big western retailers like Wal-mart and Tesco entering into Indian market. India's retail industry accounts for 10 percent of its GDP and 8 percent of the employment to reach $17 billion by 2010. There are about 300 new malls, 1,500 supermarkets and 325 departmental stores being built in the cities very soon.
But the time has changed as every body like things should be moving fast... so thats why we require e-retailing like storrz.com. to save money, save time . Storrz.com seems to be the only online shopping portal in India where customers can shop for groceries online!!! Very soon we might find people shooping for their daily needs while watching sports or movies at home :) India is progressing very well!!!

1 comment:

Anonymous said...

Good for people to know.