Market of India is a first-of-its-kind organised wholesale centre at this scale, designed to build a self-sustained community of traders. Merely a few kilometers from trade hubs like Sowcarpet, Parrys, Purasawalkam and Choolai, it is centrally-located in SPR City, the largest mixed use development in the heart of Chennai.
Objective
SPR City’s wholesale centre – Market of India – is aimed at bringing all trade under one roof and is projected to grow into an iconic business destination, rivalling some of the biggest trade centres in China. It is a platform to utilise the opportunity presented by the current physical and social infrastructure bottlenecks faced in Sowcarpet (India’s largest wholesale market) located at just 3 kms from the project site.
The site has road access on all four sides and is the only private land of this scale in close proximity to the city’s wholesale markets. The development of the wholesale center on the site will prove to be an extension to the current wholesale market in Chennai and is expected to become a trading hub not only for the Chennai city, but also the entire India, given its proximity to Chennai Port.
Drawing inspiration from wholesale markets, Chennai and other traditional Indian markets, Market of India is devised as an extension to the bustling trade hubs of the city and is a cohesive marketplace where business can be carried out seamlessly. The project comprises of 9 markets that offers world-class features and amenities; right from Truck terminals, LCV parking, spacious trade corridors to advanced security features, this new landmark of Chennai is all set to revolutionize traditional markets and reinvent trade in the country.
The Project
The project has markets with 5000 plus shops and offices featuring trades and commodities. The other key highlights include:
Diese Geschichte stammt aus der January 2020-Ausgabe von Images Retail.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der January 2020-Ausgabe von Images Retail.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
McDonald's The Maharaja Mac Of Transit Retail
While McDonald’s serves as a great example of successfully Indianising a global brand, it is also an insightful case study in strategically making transit retail work
Founders, Market are Key for D2C Investors
Investors and brands across the retail landscape are the crucial factors considered when raising funds
Powering Consumption Growth India's Home and Household Market Report
The report from Deloitte India projects that India’s home and household market is witnessing strong demand, particularly in tier 2 and tier 3 cities that are emerging as growth hubs
Tech Infra Readiness Among Top Challenges in GenAI implementation
Tech infrastructure readiness is one of the top three challenges organisations in the technology, media, and telecom (TMT) sector face when implementing Generative AI (GenAI) solutions, a report stated.
Amazon India Introduces AI Chatbot Rufus Ahead of Festive Sale event
E -commerce major Amazon India launched a new generative AIpowered conversational shopping assistant, Rufus, ahead of the start of its festive sale event.
'Fusion of Art and Commerce Helps Virtuous Retail Create Culturally Rich Shopping Environments'
Sumi Gupta, board member of VR South Asia, who spearheads all things art and culture at the group, talks about the unique approach of curating art festivals in retail spaces to foster a deep community connection and drive commerce
Jumboking's Travel Retail Journey
About 95% of Jumboking's outlets are positioned at busy transit hubs benefiting from the high foot traffic these places enjoy
What's Driving the Success of Electronics on Q-commerce
Electronics are among the hottest selling items on q-commerce. Here's what's driving the trend and why the collaboration is a win-win for all stakeholders
Measuring the Influencer Effect
Influencer marketing has become a core part of every brand's marketing. But does it really benefit brands?
Mid-range Smartphone Users Lead in Premium Product Engagement
The study, conducted by Bobble AI’s Market Intelligence division, delves into the online shopping behaviour of smartphone users