Description
The retail market in Andhra and Telangana is very promising and retail contributes to 15.3 % to the state’s GSDP in 2020-21 in Telangana. Today alongside the popular cities Hyderabad, Vishakapatnam, Vijaywada, Nellore, Guntur, Tirupathi, Warangal, Chittoor, the Tier II and III cities are also showing a lot of promise and is fast becoming positive hubs for business. As the consumer is evolving and demanding better brands and products in keeping with his progressing lifestyle, this once untapped region has become a veritable diamond mine for retailers. With so many upcoming malls in the region, Andhra Pradesh and Telangana is getting ready to display the new retail culture which will attract more tourists and consumers globally.
These two regions have been on the radar of international retail giants and Indian retail industry, given their exceptional potential to offer a strong business ground. That is why, Walmart India opened a ‘major chunk’ of its 50 stores in AP and Telangana. It was an obvious choice back in 2014, even today the retailers find these states promising and the popularity is only increasing every passing day. Keeping in mind the powerful retail business scenario of these two states, we have dedicated this issue to ‘Rising Andhra Pradesh & Telangana: The New Retail Destination in South India’.
In this issue we have focused on Iconic brands/retailers of Andhra Pradesh & Telangana, who are shaping up the industry growth & trends. We have also focused on successful case studies and journey of the brands/ retailers in the region, who did exceptionally well during the pandemic. Alongside this, this edition features an in-depth analysis of the shopping culture in this region and how it is shaping up the business ground making way for new innovations and brands to start their operations here. This issue presents the growth story of the region building the roadmap for growth for the industry in the years to come. Alongside these features and our regular columns, we also bring to you a special pullout for Automation Anywhere, projecting on the space of automation in India and how it is becoming exceptionally important in Indian retail. We trace the journey and scope for automation across functions in retail to study the way it is leading to a big change in the industry. Automation is not a word of the future anymore, but is a thing of the present and something we are living to witness every passing day. So, it is time to accept, adapt, and grow.
