SELECTION OF FRESH AND GOOD QUALITY POTATO :

1.Size should be Medium.
2.Shape should be oval with smooth surface.
3.It should not have green patches.
4.Peel should be thin and rough.
5.Surface should be firm and without budding.

Vegetable selection:  Guar

The Guar available in market can be very well check with respect to its freshness and quality
the following points can be consider while evaluating the Guar
1.The Guar should not be dark green in color it should have some yellowish shade
2.size wise it should be of medium size not too shot or long
3.it should be soft and seeds should not be developed
4.on breaking the Guar it should sound like crispy and thread should come out

vegetable-green banana
1)Banana should be fresh and dark in color.
2)there should not be dark spot on banana.
3)It should not be too soft.

Vegetable-Green peas

Green peas-The pea is most commonly the small spherical seed or the seed pod of thepod fruit Pisum sativum. Each pod contains several peas.Green peas contain somee unique phytonutrients and anti-oxidants

and have anti -inflammatory benefits

Price(current)- 40 rs per kg

Critera for selection of green peas:

1)The texture and colour of the skin should be considered.the skin shouldn't be dry.Proper uniform green colour is an indication of a good quality.

2)The peas should be of uniform quality and not smaller in size

Ginger

How to identify Good Ginger

1) The flesh of the ginger rhizome can be yellow, white, red in color depending upon the variety.

2) It is covered with brownish skin that may either be thick or thin, depending upon whether the plant was harvested in mature or young.

3) Strong aroma

Vegetable -Suran (Colocassia)

Name - Gaurita Maldikar
R.No- 12107A0047


Suran(Colocassia)

Signs that veg. is fresh - Firm and the skin inside should be creamy white to pale yellow.
Signs that veg. is bad- Discoloured,dry or wet sunken spot.

Vegetable Carrot - [12107A0007-Vrushal Sangvekar]

How to Select and Store carrots?

1. Carrot roots should be firm, smooth, relatively straight and bright in color. 
2. The deeper the orange-color, the more beta-carotene is present in the carrot. 
3. Avoid carrots that are excessively cracked or forked as well as those that are limp or rubbery.
4.  In addition, if the carrots do not have their tops attached, look at the stem end and ensure that it is not darkly colored as this is also a sign of age.
5.  If the green tops are attached, they should be brightly colored, feathery and not wilted. 
6. Since the sugars are concentrated in the carrots' core, generally those with larger diameters will have a larger core and therefore be sweeter.

1. Carrots are hardy vegetables that will keep longer than many others if stored properly. 
2. The trick to preserving the freshness of carrot roots is to minimize the amount of moisture they lose.
3.  To do this, make sure to store them in the coolest part of the refrigerator in a plastic bag or wrapped in a paper towel, which will reduce the amount of condensation that is able to form.
4.  They should be able to keep fresh for about two weeks. 
5. Research has shown that the especially valuable (all-E)-beta-carotene isomer is well-retained in carrots if stored properly. 
6. Carrots should also be stored away from apples, pears, potatoes and other fruits and vegetables that produce ethylene gas since it will cause them to become bitter.

• If you purchase carrot roots with attached green tops, the tops should be cut off before storing in the refrigerator since they will cause the carrots to wilt prematurely as they pull moisture from the roots. 
• While the tops can be stored in the refrigerator, kept moist by being wrapped in a damp paper, they should really be used soon after purchase since they are fragile and will quickly begin to wilt.

Name: Arpita Mehta

Roll no. 12107A0058

Vegetable : Radish


1) Appearance is vital factor for consumers in deciding the purchase of fresh produce


2)Consumers expect fresh products to have a near perfect visual appearance


3)Check the characteristic signs of freshness such as bright, lively color and crispness


4)Radish bulbs should not be stored at room temperature (20 ± 2ºC and 75% RH) because the radishes lose their fresh appearance due to shriveling.


5)As with any root crop, look for radishes that are free of growth cracks and bruises with firm and crisp roots. radishes keep well in refrigeration if they are placed in a sealed container or plastic bag to maintain high humidity.

Quality Identification of Bhindi/Lady Finger/Okra. 

Choose okra that is green and about 2 to 4 inches long.

Too large, okra will have a flat taste and too small will be difficult to cook.

Avoid okra that look shriveled or are soft when squeezed.

The okra should snap rather than bend.

SABJI MANDI

Meri Sabji: Tomato

The tomato is the edible, often red fruit of the plant Solanum lycopersicum, commonly known as a tomato plant.
    
      During the project that held on 20th august, 2013 I selected tomato as my sabji and I bought 2 tomato's to the class from which one was bit raw and other was perfectly ready to consume.

How to find the quality of TOMATO:

1)It should be fresh and of medium size.
2)It should be totally red in colour and must be hard if we want to consume it immediately.
3)It should not have any black spots and softness because it will have more juice which is most probably not required for us.

      India is the 2nd largest producer of tomatoes after china followed by USA on the 3rd spot. (According to Food and Agriculture Organization of the United Nations {FAO}).

      The price of the tomato is between Rs. 35 to Rs. 40 per kg currently. As we all know  it is good for health so eat tomatoes...........

Thanks and Regards;
Nikhil Jadhav

Bhaaji ki samaj...

Name: Varun Shah

Bhaaji: Capsicum( Simla Mirchi)

Quality Identification: 
1) It should have a green texture.
2) It should not be soft, it should be a bit hard.
3) It should be of medium size.

Price: Rs 50 for half KG. 

Name: Sagar Kale

Roll No.:12107A0031

Vegetable: Bitter guard

Quality Identification-

1)      Good quality bitter gourd fruits should have a fresh appearance and the peel should be of uniform green colour and free from visual defects.

2)      The developing fruit should be firm without excessive seed development, and free of defects such as decay and splitting, both associated with fruit ripening.

3)      When the fruit begins to ripen, the exterior colour changes from green to yellow and the pulp becomes gelatinous and orange-red.

4)       The seed arils also change colour from white-cream to bright red. Among the more than 14 carotenoids identified during the ripening process, the principal carotenoid is cryptoxanthin. Coincident with colour changes, the fruit pulp loses bitterness and becomes sweet.

Price: 1kg- 67 Rs.

Hamari Dukan Pictures:

Ambani tops retailer list, too

Mumbai  August 17, 2013

Ambani tops retailer list, too

As Biyani's Future loses pole position, Reliance Retail sees growth due to presence in numerous formats

With the Kishore Biyani-promoted Future Retail announcing a 23.6 per cent decline in revenue for its 

core retail business at Rs 2,217 crore for the June quarter, the maharaja of retail has lost the number 

one slot in Indian retail, a position he enjoyed for over a decade, to Mukesh Ambani.

Ambani-promoted Reliance Retail announced a revenue of Rs 3,474 crore for the quarter, a 53 per cent 

jump from a year ago, growing his cash-and-carry business, Reliance Market, rapidly. The company 

reported an operating profit of Rs 70 crore. It did not report net numbers. Late Wednesday evening, Future Retail reported a net loss of Rs 12 crore for the core business during the June quarter. This business includes its home and electronics retailing business under the standalone company and value retailing business under subsidiary Future Value Retail. Operating profit for the core business was Rs 196 crore. The results were impacted by two crucial demergers of the lifestyle fashion retailing businesses. The Pantaloon fashion retail chain business, sold to billionaire Kumar Mangalam Birla-promoted Aditya Birla Nuvo for Rs 1,600 crore in April 2012 to deleverage the balance sheet, was finally demerged in the June quarter. Also demerged was the fashion retail business — Central, Brand Factory, Planet Sports and all — under under Future Lifestyle Fashion, yet to be listed separately. The numbers for this business aren’t available in the public domain. Analysts estimate it garners Rs 1,000 crore of revenue a quarter. Speaking to the media earlier, Biyani had shared a Rs 4,000-crore annual turnover plan for this business in the first year of its operations. But the quarterly gap between Future Retail’s core business and Ambani’s rapidly growing retail business is over Rs 1,250 crore.

Even with a Rs 1,000-crore turnover from Future Lifestyle Fashion, Biyani’s retail empire fails to attain 

the number one position. Reliance Retail achieved the pole position in the industry in a short span of less than eight years since its inception. The company — in strategic phases internally referred to as Reliance Retail 1.0, 2.0 and 3.0 — has established businesses in value, digital, lifestyle, jewellery and brands formats.

“Reliance Retail’s faster growth is attributed to its presence in a large number of formats and its ability 

to scale fast,” said Dhvani Bavishi, analyst at domestic brokerage ICICI Securities. “Future Retail is 

expected to get its focus for growth back after the reorganisation it is undergoing.”

At the end of 2012-13, 56 per cent of Reliance Retail’s revenue of Rs 10,800 crore came from its ‘value and other’ segment that operates grocery chains Reliance Fresh, Reliance Super and Reliance Hyper, 

under Chief Executive Rob Cissell. In this segment, ‘other’ primarily represented the cash-and-carry 

Reliance Market, which opened its first store in Ahmedabad in September 2011. After successfully testing it in 2012-13, the company is rapidly expanding Reliance Market under Reliance Retail 4.0. It opened six stores in the June quarter, which helped the company register a 53 per cent growth in revenue. 

Reliance Retail is the first Indian retailer to get into the cash-and-carry business, dominated by Walmart, Metro and Carrefour. Reliance Retail’s successful growth is largely supported by its cash-rich parent Reliance Industries, which had Rs 50,456 crore in cash and bank balances and Rs 28,869 crore in current investments on its consolidated balance sheet at the end of 2012-13.

On the other hand, Biyani’s Future Retail, erstwhile Pantaloon Retail, has been under a debt burden that 

compelled it to sell a part of its business to deleverage the balance sheet. The company had a net debt 

of Rs 7,327 crore at the end of 2012 when it reported its financial results for 18 months. As the company 

is going through reorganisation, it would announce another set of 18-month financial results before it returns to a 12-month format.

Bharti Retail returns 17 properties across country.

As per a report in Economic Times, Bharti Retail has returned 17 properties, which it had leased across the country to open Easyday stores. Pre-leased properties in towns such as Shimla, Ramnagar, Rishikesh, Jammu, Ludhiana, Mathura, Banga, Kurukshetra, Bangalore and Roorkee have been returned to the original owners. The market grapevine attributes this to the company’s commitment to the US policy of not paying bribes in the conduct of business. As it is, there is an internal probe on to check if its Indian unit violated US anti-bribery laws and “procured” the dozens of licenses needed to open stores. Going forward, it does not want to open stores until it is able to put in place a fool-proof compliance mechanism. However, the situation on the ground is that it is hard to procure most licenses in India without greasing the palms of lower-level local government officials and given that a retail store may require 20 – 30 licenses it renders expansion next to impossible. In addition to licenses there is the issue of compliant properties which meet all the local building norms. Walmart has already applied the brakes on its cash and carry joint venture. It has stalled all expansion since October, and suspended its CFO as well as the team responsible for obtaining licenses and approvals.

ASSOCHAM report-based on a survey conducted on spending patterns among Indian youth -source ET RETAIL dated Aug 13, 2013

A survey conducted by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) on the Indian youth's expenditure patterns, reveals -

youngsters spend their money on phones, apparel and branded cosmetics.

Survey details:

Sample size 2000 youngsters
Age group :- 16-21 years
Location:- Delhi, Mumbai, Kolkata, Banglore, Chennai, Hyderabad, Lucknow, Ahmedabad, Jaipur and Chandigarh


Average monthly expenditure going up by 65% in last 10 years

Spending on cosmetics of males is more than females.

average spending of male is 1000-5000 rs. per month.

there is 35-40% hike in the monthly expenses of boys on cosmetics.

Reason for increase in expenditure:
1. hike in the pocket money given by parents to the youngsters.

2.massive print and TV ad campaigns

3. exposure to fashion events has upped the grooming consciousness in youths.
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Delhi has higher consumption of cosmetics, apparels and mobile phones

Mumbai is second and lucknow is third in the rank.
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Fondness of cosmetics in last 10 yrs:-

Boys has shown 165% rise & girls have shown 125% rise.
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GCMMF using GIS to plan retail coverage.

Source:  Marketing Management -A South Asian Perspective- 13th Edition-Philip Kotler 

Gujarat Co operative Milk Marketing Federation uses GIS [Geographical information system] in order to plan retail coverage.

The positions of Amul parlors, Amul outlets and competitor's outlets are mapped out in a digitized format.

GCMMF has divided the city in 7 zones, which are further divided into 62 areas and 410 grids, for analyzing and presenting the information that is related to the geographic location.

GCMMF identifies unexplored areas and plans location of additional outlets to increase its market penetration.

It is done by analyzing geographic representation of sales data along with the spatial distribution of Amul outlets, competitor's outlet, and the density of other retail outlets in an area.

Also company can visualize the actual location of retailers associated with important landmarks and boundaries of zones, areas, and grids that helps in the demarcation of areas.

Thus with the help of GIS, the company can ascertain the quality and depth of the retail penetration in a specific area and carry out market share analysis for different areas.

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'Foreign retailers may not enter India before 2014 elections'

Reference: http://economictimes.indiatimes.com/articleshow/21598609.cms

Foreign retailers like Walmart, Tesco and Carrefour are unlikely to enter the supermarket business in India before 2014 general elections.

Reasons:

Political uncertainty: 
Several political parties including the main opposition BJP and left parties are opposing the FDI policies for foreign retailers.

Praveen Khandelwal, secretary general, Confederation of All India Traders has accused the Government of working under pressure of global retailers like Walmart and Tesco.

The matter will be raised in the monsoon session of the parliament that begins August 5.

Multi-brand retail business requires quite a large investment, hence these retailers are waiting for clarity
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Revised norms:

Retailers would require to invest 50% in the back end only of the investment they bring for the first time. The minimum required investment is $100 million [nearly rs.600 Cr]
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According to Anis Chakravarty, senior director, Deloitte in India, there is confusion regarding the mandatory back end investment, whether it has to be green field or not.

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Reason for relaxation of FDI policy for several sectors like telecom and retail:

• boost inflow foreign money to revive the economy 

•  control current account deficit.

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What is current account deficit?

 It is the difference between the country's total imports of goods, services and transfer and their exports.

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Current account deficit has touched to 4.8% of GDP in the financial year ended March 31, 2013.

Target for Government is to bring it down to 4.2% in the current financial year.

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What is GDP?

Gross domestic product (GDP) is the market value of all officially recognized final goods and services produced within a country in a given period of time.

Components of GDP by expenditure

GDP (Y) is a sum of Consumption (C), Investment (I), Government Spending (G) and Net Exports (X – M).

Y = C + I + G + (X − M)

X (exports) represents gross exports. 

M (imports) represents gross imports.

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Two major reasons for High current account deficit are:

1.Sluggish exports

2.sharp drop in FDI

The Foreign Direct Investment inflows to India declined to $22.42 billion in 2012-13 from $36.50 billion recorded in the previous year. 

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Points Covered in 4^th lecture (30/07/13)

1.     Blog understanding

2.   Briefing about DUKAAN project

3.   Marketing activities in  retailing

                                 I.            Retail business allover India during Diwali-550 Cr

                             II.            25 Cr Households, 80m-Urban, 160m-Rural

4.   Retail

                                    I.            Political

                                II.            Economical

                             III.            Urban v/s Rural 

5.   Book – Managing retailing by Piyush K Sinha &         Dwarka Prasad Uniyal

6.   Assessing Retail Performance

                             I.            Key performance criteria

a.  Operating Profit Margin

b.  Gross Profit Margin

c.    Net Profit Margin

                          II.            Retail would determine this at a department level/ category level/ store level and company level

                      III.            Catchment profiling

                     IV.            Major outcome- Food and beverages

                    -Kirrana

                    -Apparel

                    -Electronics and durables

                    -Amusement and entertainment

7.   Van Heusen

                                    I.            Started in USA by Moses Philip

                                II.            Owns iconic brands-Arrow, Tommy Hilfiger, Calvin Klein

                             III.            India-1990 by Madura garments acquired by Aditya Birla

                            IV.            Value Proposition

a.   Power Dressing

b.   Power evolved

c.    Evolve every day

8.   200 stores across country, 50 new stores, 10-12% growth in 2012-13