Tuesday, December 14, 2010

Shoppers prefer Kirana Shops to Malls, says ASSOCHAM

LONDON, ENGLAND - JANUARY 02:  A shopper perus...Image by Getty Images via @daylife
Kirana stores and local retailers would remain the most preferred destinations for majority of the shoppers across India as compared to sprawling shopping malls as they provide for cheaper purchases to an extent of 25% and also offer options for avoidance of payment of duties such as VAT and other local levies on articles sold by them. 

This are results of a country-wide survey done under the aegis of ASSOCHAM Social Development Foundation, the industry body ASSOCHAM (Associated Chambers of Commerce) informs. According to that survey, it was discovered that goods disposed of by the malls are devoid of these twin benefits and thus attract only the upmarket buyers.

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