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Retail Jobs in Bangalore

The Indian retail industry remains an integral part of the Indian economy. Accounting for over 10% of the country’s total GDP, it is also responsible for the employment of 8% of the entire workforce of India, about 5 million people. These numbers don’t seem so surprising when you consider the fact that India has the world’s fifth largest retail market.

The retail market is expanding at an exponential rate on the back of fierce investment in the retail sector and the exponential increase in the number of internet users, both of which are causing a rapid growth of e-commerce. India is on its journey to become the world’s fastest growing e-commerce market with the Indian e-commerce sales expected to grow by a staggering 400%, reaching USD 120 billion by FY20 from USD 30 billion in FY16. With the help of faster speeds on reliable telecom networks, faster adoption of online services, and increased variety, the India's e-commerce market is expected to reach USD 220 billion and 530 million shoppers by 2025.

If nothing hinders its expansion, the Indian retail market is expected to collect an annual revenue of USD 1.1 trillion by the year 2020, a 60% increase. Factors such as rising incomes and lifestyle changes by the middle class and increased digital connectivity are some of the major players contributing to the expansion of the industry and those are what the silicon valley of India is known for. Retail jobs in Bangalore will see a definite expansion owing to the city’s superior infrastructure and integration of modern technology into the society, leading the retail industry of India as it sets out to become the world's third-largest consumer economy leaving behind countries like China, France, and the UK.

Land Attractive Retail Jobs in Bangalore

With the retail industry already shining and looking to grow even further in the future, jobs in the retail sector would become more abundant and offer ever greater salaries. As things stand now, Bangalore is offering some of the highest salaries in the retail sector with jobs in franchising starting at a modest INR 5.28 lac per annum but climbing up to INR 37.5 lac per annum for senior professionals. Designers (Fashion/Graphic/Accessory) also enjoy a lofty salary with junior executives making up to INR 4.83 lac per annum and veterans getting a generous INR 27 lac per annum.

With the prospects of the retail industry already looking bright, the Indian government has taken many steps to aid its growth. One such step includes changing the Foreign Direct Investment (FDI) rules in food processing in an attempt to permit e-commerce companies and foreign retailers to sell consumer products that have been made in India. It is these positive government incentives along with favourable demographics and increasing urbanization that will lead the retail industry to a brighter future. We at Randstad aim to help you find the right job by using our years of experience in the field. With Randstad, landing your dream retail job in Bangalore is one step closer.

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