Vanishing tribe – mom and pop shops? Will they really?
The FDI (Foreign Direct Investment) in retail is very hotly debated topic in India now a days. Many arguments against and quite a few in favour are floating around. The political parties with the single mission of saving their own perceived ‘base’ are raising hue and cry.
The question is really, will the move impact the street corner traders and, mom and pop shops, adversely?
Vanishing tribe – mom and pop shops? Will they really?, a set on Flickr.
Having lived in and after observing a few cities across the world, I have not noticed any adverse impact. In a modern financial capital like Dubai which is a city country, huge retail operators like carrefour, with multiple outlets exist within a few kilometers apart, yet the mom and pop stores, of every kind, thrive in the heart of the city. We used to order our daily groceries over the phone and get delivered in a few minutes. In fact, realized that the efficiency of the mom and pop stores goes up dramatically wherever there are huge retail chains.
The stories are same in Bangkok, Kaulalumpur and Djakarta that have opened up in the last decade. The efficiencies have increased dramatically.
Yes, a word of caution. Indian regulatory system is always lackadasaical in implementation. Hence, we as a nation, should have a good regulatory framework on sourcing and procurement, distribution etc and implement it in a stringent manner.
IKEA, the swedish furniture giant, sources about 10-12 percent of its products from India, that the world enjoys but Indians do not get access to these products as IKEA does not exist in India. Why not we produce the best, sell the best to the world, as well as use it ourselves too.
If we as a nation have an agenda of developing skill sets and also facilitating the young entrepreneurs to produce the best, then we do not have anything to worry about. Same goes true of the sales side to. Help the mom-and-pop stores to enhance their efficiencies with the arrival of these retail giants.
Every species either gets efficient or finds a better positioned living whenever the environment becomes more competitive. I am sure the same would happen even in the Indian local markets or mom-and-pop shops whenever FDI goes full throttle. Nothing can change overnight anyways!
If you have it in you, you will make a killing….
I selected these photos from my travels collection of a few thousand such photos to put to-gether this article I would love to hear from each one of you, your views. Kindly leave your precious comments.
Love and regards..
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– Indus Art Gallery, Campus – Indus World School of Business, Greater Noida
Display / Collections
– At my Alma mater : Indian Institute of Management, Bangalore
– Various schools of Indus World School chain
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Recent Publications featuring my work and in Media [know more]
– The India Idea, Wisdom Tree publications for Ministry of External Affairs, Public diplomacy division, Aug 2011
– Penguin India, Top 5 “India through my Lens” 2011
– Femina Magazine, Anniversary issue, October 14, 2011
– Photographs featured with poetry in the book Hindustani Poems ‘Shayad, Yaheen kaheen se ho’ by Satya, April 27, 2012
– Photos being published in a coffee table book format on Rajasthan and India, coming up Jan 2013