Wednesday, April 2, 2008

‘The three activities’ propelling corporate activity in the retail industry

Buzz areas in Indian retail

Forming joint ventures, raising private equity (PE) capital, and growing inorganically, to garner scale and market positioning, are the three things that will propel corporate activity in the fast-rising Indian retail segment, forecasts K.V. Ramanand, a retail expert with Ernst & Young.
The substantial growth potential of the sector has generated serious interest from first-generation entrepreneurs as well as large established corporates, he says. “More importantly, this has also caught the attention of the PE funds, which are more than willing to finance a sound business proposition,” observes Mr Ramanand, in an e-mail exchange with BrandLine.


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