Feedback
A pioneer B2B media and publication platform connecting with Fashion Brands & Retail in India

Indian malls lure customers with complete retail experience

Indian malls lure customers with complete retail experience 002With Indian retail sector on fast forward growth track the segment is going through a lot of changes. Experts say, Indian retail sector is pegged to grow by 60 per cent to $1.1 trillion by 2020. The booming retail market along with diminishing entry barriers has attracted the attention of many overseas retailers, who are exuberantly expanding their operations especially in Tier II cities like Ahmedabad, Chandigarh, Lucknow and Jaipur. By 2017-end, there were more than 600 operational malls across the country. What’s more over 30 new shopping malls covering nearly 14 million sq. ft. area are expected to come up across top eight cities by 2020.

Retail trends

The top-performing shopping malls are essentially mixed-use businesses that incorporate social entertainmentIndian malls lure customers with complete retail experience 001 options. With their use of new age technologies from design and construction stage to final end-user experience, they have now become stand-alone brands. In fact, some leading malls in and around NCR offer unique experiences like the DLF Mall in Noida that has an indoor ski-range or the World Trade Park in Jaipur that has a unique display feature wherein 24 projectors create a single image on its ceiling. The Grand Venice Mall in Greater Noida is a tourist attraction with its Venetian theme which includes gondola rides and provides a distinctly European feel while the Lulu International Mall in Kochi - touted to be the largest mall in the country - creatively uses technology-based novelties like geo-fencing, beacon technology and Automatic Number Plate Recognition (ANPR). Established as lifestyle and entertainment destinations, the Phoenix Market City chain of malls in Bengaluru and Chennai offer holistic and premium experience for retail, entertainment and movies, and F&B.

Mapping all corners

The Western region of the country, especially the Mumbai Metropolitan Region, houses some of the most iconic shopping centres such as Inorbit Mall, High Street Phoenix and Infinity Mall, among others. Similarly neighbouring Pune, has generous amount of land available, is home to prominent malls like Phoenix Market City, Amanora Town Centre and Seasons Mall. The phenomenal success of malls across the metros has encouraged Tier II cities like Thiruvananthapuram and Mangalore to embrace the mall culture, with the former seeing the launch of Mall of Travancore early this year.

Indian malls today strive to become prominent ‘shoppertainment’ locations by focusing on their own inherent strengths and advantages. This results in the shoppers being spoilt. However, matters can change quickly in the rapidly evolving world of organised retail with a lot depending on government’s actions in terms of infrastructure and policy. So far these have been positive with the Great Indian Mall Story firing on all cylinders.

 

LATEST TOP NEWS
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10

Brands vie to grab a larger share of women’s leggings market

Brands vie to grab a larger share of women’s leggings market

The market for women’s leggings traditionally saw the predominance of small local players from the unorganized segment. However, with the entry of big brands like as Lux Industries’Lyra, Dollar’s Missy... Read more

Denim maker Sangam India continues to strive ahead with innovations

Denim maker Sangam India continues to strive ahead with innovations

“Comfort being in focus, stretch denim is taking over conventional denim,” says Ravi Taparia, Senior Vice President (Exports), Sangam India. “Heavy-weight rugged fabrics are being replaced by stretch fabrics. We... Read more

Turtle’s festive collection focuses on detachables

Turtle’s festive collection focuses on detachables

In its 25th year, Turtle, a leading menswear brand, has signed up Bollywood star Ayushman Khurana as its first-ever brand ambassador. Khurana has launched the brand’s new festive collection ‘Why’... Read more

Revolutionising fashion retail through Instagram

Revolutionising fashion retail through Instagram

With a worldwide community of over one billion users, and 25 million businesses, Instagram, the photo- and video-sharing app has changed the way we live, interact and shop. Launched in... Read more

Nitrite launches a new range for women

Nitrite launches a new range for women

Nitrite, a brand that offers sportswear, performance wear, active wear, yoga wear, gym wear, play wear and athleisure et all, recently launched a new range in women’s wear. The new... Read more

6th edition of TANTU focuses on garment and shirt making technologies

6th edition of TANTU focuses on garment and shirt making technologies

"Prabir Jana, President, TANTU, in his welcome address said the theme was chosen based on audience suggestion – the technology of shirt making – the core apparel area. He explained... Read more

Innovations, creativity at the core of Classic Polo’s growth story

Innovations, creativity at the core of Classic Polo’s growth story

“Innovation, creativity and price are driving the current casual wear market, the biggest pie of the RMG industry in India,” says Usha Periasamy, Director, Classic Polo. “Current trends in this... Read more

Unutilised capacity is slowing down denim projects in India”, Subir Mukherjee, B…

Unutilised capacity is slowing down denim projects in India”, Subir Mukherjee, Bhaskar Denim

With an emphasis on sustainability in its products and processes, Bhaskar Denim, one of the largest denim fabric manufacturers and suppliers in India, is focusing on super-stretches and indigo top... Read more

Aeropostale’s A/W ’18 Flex Denim offers 360 degree stretch, comfortable fit

Aeropostale’s A/W ’18 Flex Denim offers 360 degree stretch, comfortable fit

Aéropostale’s A/W 2018 collection reflects modern sensibilities, new innovations and the best of youth fashion. The new Flex Denim collection offers a ‘4-way, 360 degree stretch’ denim that fits better,... Read more

India’s retail sector poised for mega growth by 2020

India’s retail sector poised for mega growth by 2020

The Indian retail sector, boosted by rapid urbanisation and digitisation, rising disposable incomes and lifestyle changes - particularly of the middle-class is projected to grow from $672 billion in 2017... Read more

MOST POPULAR NEWS
Go to top