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Retail Avenue
According to the latest survey by FICCI, the retail industry is expected to grow into a USD 427 billion industry by 2010, which is good news for all the students pursuing retail management courses. Currently estimates put the size of the industry at USD 328 billion. Most B-schools have also taken notice of this opportunity and introduced new courses in the field of Retail Management. According to Rajeev Lakhara, managing director, FDDI:The retail sector is booming in India. It is estimated that the country will need 5 lakh professionals annually. However, there is a major shortage. FDDI is providing a two-year and a one-year course in retail management.
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Retail Management of Indian Retail School has announced
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As the boom in retail sector is spreading to smaller cities and towns thereby increasing the employment generation potential, Madurai Kamaraj University is soon coming up with new courses in retail management to be offered through its Directorate of Distance Education.
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