Transforming grocery stores can generate 32 lakh new jobs in India: Report orissapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orissapost.com Daily Mail and Mail on Sunday newspapers.
Modernisation of 10% kiranas can generate 3.2 million jobs: Report
SECTIONS
Share
Synopsis
“The rapid changes in consumer behavior and acceleration of online commerce, mandate that the Indian retail ecosystem transform to meet emerging consumer needs,” said Piyush N Singh, India market unit lead.
Agencies
TRRAIN founder B.S. Nagesh said kirana stores play a crucial role in the Indian retail sector, which in turn contributes nearly 11% of the nation’s gross domestic product
Modernization of 10% of the 13 million kiranas in India could boost retail consumption by more than 5% and generate 3.2 million new jobs in the country, according to a latest report from Accenture and Trust For Retailers and Retail Associates of India (TRRAIN).
Transforming 1.4 million kirana stores can generate 3.2 million new jobs, boost retail consumption: Report
The Accenture-Trust For Retailers and Retail Associates of India (TRRAIN) report outlined a strategic approach for unlocking value by transforming kirana stores through a seven-stage framework. PTI
Representative Image
The transformation of just 10 percent of the 13 million kirana stores (traditional grocery retailers) in the country could boost the retail consumption by more than 5 percent and generate about 3.2 million new jobs, a report said on Thursday.
The Accenture-Trust For Retailers and Retail Associates of India (TRRAIN) report outlined a strategic approach for unlocking value by transforming kirana stores through a seven-stage framework.