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India Retail Market Report 2020: 13 Million Kiranas - The Backbone Indian Retail Sector

Research and Markets
·2-min read

Dublin, Oct. 30, 2020 (GLOBE NEWSWIRE) -- The "Kiranas - The Lifeline of ~$1Tn Indian Retail" company profile has been added to ResearchAndMarkets.com's offering.

13 Mn Kiranas - The Backbone of the $1Tn Indian Retail Sector

Indian retail economy is on a strong growth path to reach $1.3 Tn in the next 5 years; 13 Mn Kiranas form the backbone of this Retail in India. Kiranas have specially proved their resilience in the recent times of Covid on merits such as accessibility/reach, home delivery, localized experience, selling on credit, support from the govt. etc.

These Kiranas have various business as well as financial needs such as inventory management to reduce cost of operations, transparency in pricing and newer revenue streams, effective support on Credit, Credit Management, GST support, Digital Payments and so on.

To address these issues various business models have come up. While multiple eB2B models have come up on the fintech and retail side already who are trying to act as one stop shop for all Kirana needs, the interesting bit is the sector convergence happening with certain other B2C sectors.

Driven by the above, Digital models will drive the 'Phygital' kiranas and enhance the potential of the channel to further bolster its role in the strong Indian $1Tn Indian Retail economy.

Key Topics Covered:

1. Indian Retail Sector overview
1.1. Retail market size (Forecasts for FY25)
1.2. Retail market segementation by Organized & Unorganized
1.3. Retail market segementation by product category
1.4. Size of Kiranas in the Retail market

2. Kiranas Overview
2.1. Defining Kirana and its various classes
2.2. Kirana segmentation by class and city tier
2.3. Consumer buying journey analysis viz a viz other channels
2.4. Why Kirana plays a critical role in Indian Retail

3. Digital revolution of Kiranas:
3.1. Need gap analysis for Kiranas
3.2. Digital models addressing the need of Kiranas
3.2.1. Fintech, eB2B retail, Hyperlocal & E-commerce models

4. Appendix:
4.1. Fintech
4.1.1. Kiranas behaviour in Fintech
4.1.2. Leading Fintech players digitizing Kiranas
4.2. e-B2B Retail
4.2.1. Digital models in e-B2B Retail
4.2.2. Leading e-B2B players digitizing Kiranas

For more information about this company profile visit https://www.researchandmarkets.com/r/g6bmbu

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900