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RAI & GOL to promote online Retail Education Programme

May '06
Retailers Association of India (rai), the unified voice of the Indian retail industry, and GurukulOnline Learning SolutionsTM (GOLS), India's premier eLearning organization, have come together to launch www.instituteofretailmanagement.com - an eLearning portal that will offer online courses in Retail for the very first time in India.

Modern retailing in India is currently witnessing a transformation where traditional markets give way to the emergence of department stores, supermarkets, hypermarkets, specialty stores and malls.

Rated the fifth most attractive emerging retail market, India is being seen as a potential goldmine. India has also topped the Global Retail Development Index of 30 developing countries drawn up by A T Kearney.

Retail is a sector that has registered phenomenal growth, and is poised to grow even further. However, the sector is facing a huge manpower crisis threatening all growth projections. The eLearning portal was conceptualized to help the sector overcome its people crisis.

Mr Gibson G Vedamani, CEO, Retailers Association of India (rai) says, "Retailing is a very significant industry in the country today with diverse business formats and ownership structures. Along with this explosive growth comes the greatest need of the industry – its quality manpower. I am sure this initiative of ours will provide the opportunity for students and professionals to attain proficiencies in Retailing and help them have a bright retail career."

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