This investment opportunity is about setting up retail business school in India with a purpose to bridge the gap between the employable manpower and employability skills in the retail sector. The education provided will be more practical than theoretical and based on the actual requirement of retail industry in India. The funding is required to set up the infrastructure.
India’s retail sector is estimated to touch US $833 billion by 2013, with a compounded annual growth rate (CAGR) of 10%. The organized retail is stated to grow at 40% per annum and expected to touch US$107 billion. It is the 5th largest retail destination in the world.
Retail contributes 8-10% to India’s GDP. This industry directly employs about 300,000 people and the demand is rising with every new store addition. To harness the emerging opportunities in the area, this programme is designed to impart integrated knowledge of merchandising, supply chain, store maintenance, inventory control, and retail marketing mix apart from customer relationship management.
Projected ROI is 2 years.
Retail is witnessing an exponential growth and as a result is creating a huge demand for skilled people in this industry.
Since the FDI opening up in India lot of major retail players will enter into Indian market creating huge demand of skilled manpower.
The groundwork of the project has been almost completed. Looking to the fund to set up the infrastructure.