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The rise and fall of Subhiksha

It is only a week since I blogged about Indian retail in for a heady mix. Now, we have the case of Subhiksha which is battling for survival. Subhiksha which was started with 1 store in 1999 has grown to more than 1000 stores by the end of…

Indian Retail in for a heady mix

Indian retail market is estimated to be at ~$350 billion and organized retail accounts for 6% of the total market. So all the Biyani's, Ambani's and the Birla's are sharing the 6% pie so far. With such a huge opportunity why would anybody…
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