South India: The Birthplace of Modern Retail
Images Retail|January 2020
South India has played a very important part in helping the Indian retail industry reach its current position of being rated as one of the most dynamic and fastpaced industries in the world. The total consumption expenditure is expected to reach nearly US$ 3,600 billion by 2020 from US$ 1,824 billion in 2017…
Sandeep Kumar
South India: The Birthplace of Modern Retail

The southern part of India comprising of Andhra Pradesh, Karnataka, Kerala, Tamil Nadu and Telangana is the largely recognized as the birthplace of modern retail. While the boundaries of the region extend to Lakshadweep and Puducherry, retail lives mainly in the urban and rural cities of South India. Around 70 percent of India’s richest population lives in these states, leaving apart the super-rich category, the middle and high income classes also are a prominent contributor to retail industry.

While Bengaluru, Hyderabad and Chennai lead the charts in terms of growth, revenue and retail infrastructure, the cities of Coimbatore, Kochi, Vizag, Vijayawada, Trivandrum and Madurai contribute more than $7,000 million worth of retail activity to India. The region accounts for over 10 percent of the country’s Gross Domestic Product (GDP) and around 8 percent of the employment.

South India has played a very important part in helping the Indian retail industry reach its current position of being rated as one of the most dynamic and fast-paced industries in the world. The total consumption expenditure is expected to reach nearly US$ 3,600 billion by 2020 from US$ 1,824 billion in 2017.

Currently, India is the world’s fifth-largest global destination in the retail space, with immense contribution from the south. The strength of South India lies in its uniqueness, traditional approach and robustness. The potential of the market here is immense for regional, national and international players. In fact, the region is dotted with innumerable regional brands, a large chunk of whom are extremely successful.

What Research Says

Bu hikaye Images Retail dergisinin January 2020 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye Images Retail dergisinin January 2020 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

IMAGES RETAIL DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
Building the Midmanagement is Critical in a Scaling Organisation
Images Retail

Building the Midmanagement is Critical in a Scaling Organisation

Nirav Jagad, Chief People Officer of Sugar Cosmetics speaks about ensuring the right! opportunities for the right talent in a complex omnichannel organisation that is on a fast track to growth

time-read
3 dak  |
December 2024
Uppercase Upping the Ante
Images Retail

Uppercase Upping the Ante

Travel gear brand Uppercase is upgrading the standard of luggage in India through innovative approach and prodcuts and sustainable practices

time-read
3 dak  |
December 2024
The Strategy is to Go City by City and Saturate Each
Images Retail

The Strategy is to Go City by City and Saturate Each

Gerard McGurk, Head of Retail and Commercial Operations at Index Living Mall and Mahesh M, CEO, Creaticity speak about Thailand's numero uno furniture brand's strengths, its India entry and strategy

time-read
8 dak  |
December 2024
Design and Experience Differentiate Indriya from Competitors
Images Retail

Design and Experience Differentiate Indriya from Competitors

Sandeep Kohli, CEO of Aditya Birla Jewellery’s Indriya about the brand’s strengths, strategies and aspirations

time-read
9 dak  |
December 2024
At Good Glamm, AI Chatbots Have Slashed Workload by 70-80%
Images Retail

At Good Glamm, AI Chatbots Have Slashed Workload by 70-80%

Deep Ganatra, Chief Product & Technology Officer (CPTO), The Good Glamm Group sheds light on the role of technology in the beauty and wellness industry and its impact on personalisation

time-read
7 dak  |
December 2024
How Blinkit, Swiggy Instamart, Zepto and Others are Redefining Shopping
Images Retail

How Blinkit, Swiggy Instamart, Zepto and Others are Redefining Shopping

A quick snapshot of India’s quick commerce landscape highlighting key players, challenges and opportunities

time-read
2 dak  |
December 2024
Electronics and Q-commerce: A Marriage of Convenience
Images Retail

Electronics and Q-commerce: A Marriage of Convenience

Why more and more electronics and gadget brands are taking to q-commerce

time-read
4 dak  |
December 2024
5 ways D2C Brands Can Leverage the Power of Technology
Images Retail

5 ways D2C Brands Can Leverage the Power of Technology

The direct-to-consumer (D2C) market in India is at an exciting juncture, with brands redefining how they operate, innovate, and engage with consumers. But what does the future look like for these brands as they adopt technology?

time-read
2 dak  |
December 2024
The Business of Offering Immersive Experiences
Images Retail

The Business of Offering Immersive Experiences

Shopping centers are using immersive experiences to attract more shoppers and boost business

time-read
2 dak  |
December 2024
5 ways D2C Brands Can Maintain the Growth Momentum
Images Retail

5 ways D2C Brands Can Maintain the Growth Momentum

D2C brands should embrace a customer-first mindset, leverage technology, and know when to expand offline to keep the growth momentum going

time-read
2 dak  |
December 2024