Volume : IV, Issue : XII, December - 2015

An Overview to Mall Management in India

Mr. K. Ram Prasad

Abstract :

Retailing is considered as one of the oldest profession in India. It has roots from Indus valley civilization. People of Indus valley civilization exchanged goods and services from Babylonian civilization and sold those in market places where there is demand for those goods and services. From last 10-15 years, retailing has changed vitally. Organised retailing has started in the last 15 years in India. Organised retaining in India has evidenced a gross turnover of USD 57.56 billion with a penetration of 19 percent in 2014 and it is expected to grow to USD 100 billion by 2020. According to the F&R research analysis, the country is likely to have a total of nearly 750 operational malls providing 350 million Sq.ft. of mall space by 2015. The Global Retail Development Index has ranked India as top among the top 30 emerging markets in the world. As India will have large entertainment area, with enough space for parking and excellent infrastructure facilities for malls. The present paper focuses on the effective mall management as a growing concept in the Indian retail industry.

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Article: Download PDF    DOI : https://www.doi.org/10.36106/gjra  

Cite This Article:

Mr. K. Ram Prasad An Overview to Mall Management in India Global Journal For Research Analysis, Vol: 4, Issue: 12 December 2015

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