The
Indian Retail industry is all set to go to the new height of success. The reform came when the government has allowed
100% FDI in the cash and carry format
and 51% in the single brand retailing. The introduction of FDI has opened a
door for the international players to
enter into the Indian retailing. The
Indian retail industry has received a tremendous growth in the past few years. This is why most of the International
companies are planning to make investment in the Indian retail industry.
There
are several companies that have entered in the Indian retail industry through
these routes. Some of the brands which
already entered include Wild Stone,
Dominos, McDonald’s, Lee, Levis, Pizza Hut, and Adidas and so on.
However,
making a successful entry into the Indian retail industry is not as simple as
it seems. There are several factors which needed to be taken into consideration
to make a smooth and successful entry.
Hiring a retail
consultancy firm is the best option to make the entire process of
making an entry in the retail industry easily and quickly. The consultancy company handles everything right from planning,
market research, finance management, brand management, partnership to business
licensing in order to help clients in making an
entry into the Indian retail market
without facing any pitfall.
These
firms have a team of expert professionals and know what to do and how to do to
make an entry smoothly, economically and quickly. They work with their clients all the way to
help them in making beneficial decision. The brand management company plays a
very vital role in the success of the business. It is therefore important to
hire an experienced and specialized brand management consultancy firm.
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