Full Time Post Graduate Programmes (PGP)
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Two Year Post-Graduate Programme in Retail Management
The Need
The retail industry is fast catapulting India on the global map and to deal with this upcoming surge in activity, India's retail sector needs massive investments in technology, efficient supply chain, logistics, cold chain infrastructure and strong management.
This has fuelled induced consumption thereby fuelling the promise of generating 10-15 million jobs over the next five years.
Human resource is crucial to the success of the retail business.
The complexity in retail operations requires trained personnel to effectively handle customers at the front-end and clients at the supply-end.
Each retail function demands a different level of expertise and knowledge with modern retail operations offering a wide spectrum of avenues ranging from front-end to back-end that include admin, advertising, public relations, accounting, technical staff, supervision, sales staff and logistics.
The Scope
India with is 'vibrant economy', is home to an enormous market and is rated among the top 10 FDI destinations.
The Indian retail space has witnessed the entries of India Inc. stalwarts like Reliance Retails, Bharti Wal-Mart, Lifestyle India, RPG Retail, Subhiksha etc.
With Indian retail sector growing faster than India's GDP, the retail opportunity is expected to double to US$ 440 billion by 2010, while investments in this sector are slated to go up nearly 10times to US$25 billion over the next 5 years.
Industry studies show that today's total of 50 hypermarkets will grow to 1,200 and the supermarkets will double up to 3,000 across India by 2011
By 2007-08, there will be no less than 100 million sq. ft. of shopping centres, generating a revenue to the tune of over Rs.50, 000crore.
By 2010, it is estimated that there will be close to 50 million sq.ft of quality retail space with an investment of over Rs.20, 000crore across the country
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