Wednesday, January 26, 2011

Impact of organized retailing on our economy

Here is a another insightful article by Retail Rise Team.

""While there is a lot of debate going on the impact of organized retailing on unorganized sector, there is little we know of how it will impact our economy in general. Common sense says that perhaps it will help the economy (every better looking thing is good for the economy..swanky Call centers that brought outsourcing to us helped in fueling the feel good factor.. same is for IT/BT similar should be the case with these retailers)

Surprisingly there are not enough reasons to contest this belief. No matter what communists say or Mayawati does in UP, or what short term glitches we witness on Sensex or in US economy, organized retailing is here to stay and grow at a breathtaking place.

read the full article here

No comments: