Monday, January 28, 2008

Retail Business in India

In previous two three years many big international as well as Indianb usiness groups had announced their entry in Retail Market. Some of them have already started their business by opening their stores in metro cities.From consumer point of view i can say that currently the stores opened by these companies are selling the goods at price higher than the market while in their marketing campaign and advertisement these companies make big promise to provide the goods at price less than everywhere in market. Entry of these big players not only brings the capitalism but also increase unemployment against the picture presented by these companies and few politicians because this concept will totoally destroy the earnings of peoples working as Wholesaler and Retailer. These peoples will become unemployed and the problem of unemployment will increase and also leads to other social problems. A retail who is curring doing his own business have to work like a labour in this stores and his earnings will be also less than current level without any ray of hope for future increments. The money / resources / capital of economy will goes in hand of big capitalist who will exploit poor peoples of country. In other words instead of leading the country twowards development with this method society and country will fall in the dealth of wall means poverty and exploitation of poor peoples.

From consumer point of view i can say that currently the stores opened by these companies are selling the goods at price higher than the market while in their marketing campaign and advertisement these companies make big promise to provide the goods at price less than everywhere in market.

Please send me your view on above.

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