Beyond the debate of front-end cost of the retailers driving new-age innovations into virtual world, the question is whether it is a natural growth progression of the retail and the future of organised retail in India?

While most of the retailers in India blame more to the frontline cost of the real estate than supply chain hurdles, online retailers like MyGrahak project it as a cost competitive advantage.

When the Reserve Bank of India (RBI) was to announce its annual monetary policy for 2012-13 on 17th April, there were widespread concerns of slowing economy, rising inflation, trade deficit of 4 per cent of GDP and drying FDI too emerging as a grace concerns

What appears to be the bane of retail, whether organised or neighbourhood, has been spotted by some innovative entrepreneurs, of late. They are the tech savvy smart players in the segment who have realised that instead of getting into “dog eats dog” competition, it is better to spot the gaps that the upwardly mobile discerning consumers are finding and bridge the trust deficit in retailing to cater to this segment.

The absorption of office space continues its slide in the top cities, with exceptions in Mumbai, Kolkata and Ahmedabad, which are the only ones recording a rise in absorption levels, finds the real-estate consultancy firm Cushman and Wakefield.