Letter to support possibilities of virtual participation in “Retailpreneurs” to be organized on 14th June 2024

May 2, 2024

Latest News

ICCI is shaping up the Trade, Commerce and Industrial environment of the country by partnering Industries and Governments. The Chamber acts as a synergist in the promotion of industry, trade and entrepreneurship globally. In last few years ICCI has successfully addressed key areas like Strategic Investment, Promoting International Business & Trade Relations, Strategical business alliances, Government Policies promotion in larger business communities, Identifying and introducing new manufacturers, engaging businesses seeking direct approach to buyers or sellers, businesses willing to upscale relations, businesses planning to launch in Indian retail or commercial market, technological mergers, willing to create awareness in larger business communities, leading delegations to other countries, matchmaking sessions, roadshows, webinars, investors meet, developing business forum or industrial corridors. Over the past few years, ICCI serving government bodies in policy formulation, furnish comprehensive market reports, execution of business exchange programs, and graciously host country delegations on agenda-driven missions. In last couple of years, we are closely working with European, Asian, African, Latin American countries. We signed 200+ MoU with investment facilitation agencies, industrial bodies, business corridors, trade and economic departments, SEZ, trade associations, incubators etc.The Chamber has its headquarters in Delhi and chapter offices in Mumbai, Pune, Chennai, Hyderabad, Bangalore, Chandigarh and Jaipur. The Chamber has its presence Pan India through hundred plus Board Members, 10000 active memberships.

We would like to invite you to join hands in organizing “Retailpreneur”, This mission will be beneficial for manufacturers, traders, service providers looking for right partners, distributors, retailers, OEM partners, processing units, logistic groups, hyper markets, ecommerce platforms etc. By joining hands, retail brands will be able to place their products in Indian retail market. Retailpreneur will connect them with procurement managers, directors and decision makers for discussion on all major points before placing their product in Indian hypermarkets, scope in business with this merger, profit margins, roadmap for MoU signing, logistic agreements.

In addition, ICCI shall act as one point of solution for government licenses, business permissions, market feasibility report, due diligence on behalf of Indian businesses, brand awareness strategy for any discussion please write to us on intlbusi@inventivepreneur.in

Why Retailpreneur

As we knew there is larger group of world vision to enter in Indian retail market, during survey conducted in year 2022 by ICCI we found more than 22 thousand modern retail grocery stores in India. In last 2 years this is increased due to high market demand and expenditure behavior of individuals. We identified few points:

One-stop Shopping Destination

Hypermarkets offer a wide range of products under one roof, including groceries, apparel, electronics, household items, and more. This convenience appeals to Indian consumers who prefer to complete their shopping in a single trip.

Economies of Scale

Hypermarkets operate on a large scale, allowing them to benefit from economies of scale in procurement, distribution, and marketing. This often translates into lower prices for consumers, making them attractive shopping destinations.

Variety and Choice

Indian hypermarkets typically offer a vast array of products, including both local and international brands. This variety caters to the diverse preferences of Indian consumers, ranging from traditional to modern tastes.

Convenience and Efficiency

Hypermarkets are designed for efficiency and convenience, with spacious layouts, ample parking, and self-checkout options. This streamlined shopping experience appeals to urban consumers who value their time and convenience.

Promotion of Organized Retail

Hypermarkets represent a segment of organized retail in India, which is gradually gaining prominence over traditional mom-and-pop stores. Organized retail offers benefits such as standardized pricing, quality assurance, and enhanced customer service.

Technology Adoption

Hypermarkets often leverage technology to improve operations and enhance the shopping experience. This may include innovations such as self-service kiosks, mobile apps for shopping and payments, and data analytics for personalized marketing.

Expansion in Tier 2 and Tier 3 Cities

While hypermarkets initially gained traction in metro cities, they are increasingly expanding into tier 2 and tier 3 cities. This expansion is driven by rising disposable incomes, urbanization, and changing consumer preferences in these regions.

Overall, hypermarkets play a pivotal role in the Indian retail sector by offering convenience, choice, and value to consumers

Some Major Players in India

Reliance Retail, Future Retail, D-Mart, Big Bazaar, HyperCITY, More Supermarket, Spencer’s Retail, Godrej Nature’s Basket, Food Bazaar, Easyday, Nilgiris, Heritage Fresh, Ratnadeep Supermarket, Vishal Mega Mart, 24 Seven, Spar, Food World, Metro Cash & Carry, Lulu Hypermarket, Star Bazaar.

Participants from India in Retailpreneur

Procurement Officers, Directors, CEO, Distributors, Dealers, Logistic Businesses, Freight Agencies, Import Export Agents, Government Agencies

Focused Industry Sectors for Retailpreneur

Agricultural, Agro Processing, Processed Food, Wellness, Health, Pharmaceutical, Healthcare Textile & Apparel, Clothing, E Commerce, Electronics & Electricals, Consumer Durable, Cosmetics, Lifestyle Products, Food & Beverages, Fisheries / Meat / Eggs, Water, Wood / Furniture, Sports, Paper & Packaging, Wines, Dairy Products, Home Furnishing

Participation Procedure for International businesses

Fill enrollment form by 10^th May 2024 through link https://forms.gle/5UVfEUgdgc9RwiYQ7