• Linkdin

Indian retailers must invent new technologies: Minister

10 Aug '13
3 min read

“Across the world, the retail industry is at the center of a major shift in the way consumers shop and interact with their retailers. Against the traditional way of customers ‘going to the store’, the store is now coming to the customer. Embedded systems are changing every point in a retailer’s business, from sourcing of goods to distribution to display,” she added.

Mr. Bijou Kurien, Chairman, FICCI Retail Committee, said the Indian market is enormous and to cater to different consumers it needs a variety of retail models. With the opening up of retail market both in single brand and multi brand, greater interests have been generated among international players to enter the Indian retail market.

 

Fibre2fashion News Desk - India

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