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Tuesday, August 14, 2007

Your neighbourhood kirana store has survived the onslaught of modern retail

At least, till now. The brunt is being borne by general stores and chemists, which have seen a decline in sales on a year-on-year basis. Independent, family-run kiranas (traditional grocers) , general stores and chemists make up India’s traditional retail universe, and still account for over 95% of the $300-billion retail sales in the country.

read more | digg story
Posted by Ravi Karandeekar at Tuesday, August 14, 2007
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