Growing health concerns are prompting consumers to demand a
healthier alternative to chemical fertilizers. As a result, farmers are
reverting to the age-old techniques of organic farming. The irony
of the matter is that farmers who produce organic fruits and vegetables
are having trouble in finding a suitable market for their
products. The market for organic products does exist... but the
consumers need to be made aware of it.
Crowded… Noisy… Dirty…
Cramped… are a few words
that come to mind when we
think of a fruit or vegetable market.
All this is set to change in the coming
years. With the markets opening
up for foreign companies, the Indian
marketplace is set to undergo a radical
change. The retailing sector in
India is seeing a lot of new trends
being introduced to lure more and
more customers. The growing popularity
of Malls is also generating huge
potential for modern retail formats.
Increased threat of competition has
given the term “Customer is the
King” a new meaning. The latest
mantra is to provide excellent cus-
tomer service and make a difference.
With the organised retail market in
India being barely 2%, there is immense
potential for growth. Though
the unorganised sector will be a
source of constant competition, this
risk can be mitigated by a combination
of an efficient retail mix1, good
planning, efficient procurement and
transportation, and a robust IT platform
to integrate all the components.
The exposure of the Indian consumers
to global cultures has substantially
changed their lifestyle.
Growing health concerns are motivating
Indian consumers to adopt a
healthy way of living. The healthy
lifestyle is gaining importance today
because of the high stress levels that
people are exposed to. Following
the trend in the western countries,
Indian consumers are gradually
shifting to a vegetarian diet. Indian
households are realizing the importance
of having a balanced and
healthy diet, as a result of which the
demand for fresh fruits and vegetables
has increased manifold in recent
times. This has created niche
markets for organically produced
fruits and vegetables. Combined
with the advantages of having an organized
retail outlet, this provides
huge potential for setting up an exclusive
business for the sale of organic
produce. |