What are modern trade channels?

Modern trade involves a more planned and organized approach to distribution and logistics management. Modern trade includes the larger players such as supermarket chains, mini-markets (Indonesia), hypermarkets, etc. This involves aggregation of demand across a diverse product range.

How many modern trade outlets are there in India?

Together, there are about 600 MT banner stores in India, with the top 20 contributing to ~75% of the business. According to Nielsen estimates the total number of organised stores is ~18,197, of these, 11,758 are banner stores.

What is GT and modern trade?

General trade is basic retailing, i.e. small scale business targeting the consumers who opt day to day purchases in small quantity while the modern trade is about selling products to big houses.

Why modern trade is important?

An increased proliferation of modern trade formats offers a mix of food and non-food items to consumers. Increased product launches in a variety of segment areas, such as fast moving consumer goods, apparel, footwear and private labels ensures that consumers are flooded with choice.

What are the benefits of modern trade in India?

This white paper asserts that the growth of modern trade will positively impact four major constituencies: government, consumers, unorganized trade participants and producers/farmers. The expected takeaways from this study are: • Establish that growth of modern trade in India will indeed bring significant benefits to the economy.

Which is focusing on e-commerce and modern trade channels?

NSE -0.90 % is focusing on e-commerce and modern trade channels, which it considers as “channels of the future”, besides accelerating premiumisation of its portfolio.

Why is hul focusing on modern trade channels?

“Consumers are shopping through more diverse channels and smaller local brands as well as digital-first brands are increasingly entering the market,” he said, adding HUL will continue to be “agile and responsive to leverage market opportunities and navigate” through the challenges.

What is the current trade scenario in India?

3. Current scenario • 2015 – 70 USD Billion • 2010 – 20 USD Billion • 2005 – 10 USD Billion Present Disruptors • The price war • Exclusivity in products • Greater convenience for shoppers • Mobile and related technologies • Evolving nature of the physical store 4. Future Trends 5.