Title: India without boundaries The Retail Story
1India without boundariesThe Retail Story
2INDIA ONE
The one represented by Neal n Nikki.
3INDIA TWO
Or the one made up of Bunty aur Babli?
4Who is INDIA TWO ?
5(No Transcript)
6On an average, 4 India Two persons, support every
India One person.
Opportunity is 700 Million
C K Prahlads interpretation This segment
represents a significant latent power that must
be unlocked
7They pay a premium for everything from rice to
credit.
8The poverty penalty in Dharavi can be as high as
5 to 25 times that the rich pay for the same
services
9- The poverty penalty is a result of
- Local monopolies
- Inadequate access
- Poor distribution
- Strong, traditional intermediaries.
These are manifestations. The real problem lies
elsewhere
10Poor are victims / burden Poverty alleviation
Social responsibility Access is an issue
Paradigm shift in mind set required to view
Bottom of the Pyramid as a consuming class
11Precondition to address this market
Respect for the bottom of the pyramid
Stop thinking of the poor as victims or as a
burden and start recognizing them as resilient
and creative entrepreneurs and value conscious
customers. A whole new world of opportunity opens
up. - C K Prahlad
Create capacity to consume
Opportunity, rather than a burden
12Why
SEC C, D E comprise of 33 million plus urban
Households (54)
If able to innovate and create capacity, this is
a significant market worth approximately Rs.
250,000 crores
Rural households would be at least 5 times more.
13Some Success Stories
- India
- Single serve Sachet
- AArvind eye hospital
- Project Shakti
- And others.
- International
- Casas Bahia
- Cemex
- Electra
14India Two Retail enabling a change in the
purchasing pattern, to eliminate the poverty
penalty, would be the true realization of the
dream of India without Boundaries.
15This could be a Thermal growth engine Not only
for retail as an industry, But India as a country.
16and finally because An India without
boundaries, must be an Inclusive India.
THANK YOU