PER CAPITA EXPENDITURE IN INDIA

The per capita expenditure by an average Indian in urban India is Rs 1312 whereas in rural India it is only Rs 695.00 . These figures were revealed by the National Sample Survey organisation ( A Government of India undertaking). An interesting revelation is that while the urban Indian spends 39% of his expenditure on food, in rural India the spend is as high as 52%.

The disposable income therefore available for the rural Indian is a much lower Rs 332 or 48% for his spend on non food items. In comparative terms, the rural Indian spends almost the same amount on medicine as his urban counterpart. On education, whereas the urban Indian spends a high Rs 92 or 7% of his expenditure, the rural Indian spends only Rs 22 or 3% of his total per capita expenditure.

CARREFOUR'S INDIA PLANS

According to unconfirmed reports, local real estate giant Parsvnath Developers has said it is likely to form a venture with Carrefour soon, regarding retail operations in India. The group did not specify more details of the deal, adding, "We will announce a tie-up once we sign the documents".
 Earlier this year, the Future Group announced it is looking into a partnership with Carrefour, regarding back-end operations. Carrefour has not commented on either report.

Parsvnath also announced it will open 10 retail stores this year and develop 21 commercial projects as part of its plan to enter the retail sector on its own. Parsvnath said it plans to open 75 hypermarkets and boutiques in five years.

FMCG MARKET IN INDIA - SOME FACTS

FMCG market in India and prospects in rural India.
FMCG Sector Market Size today Rs 1,10,000 crores.
FMCG Market Size in the next 5 years ( by 2014) will be  Rs 1,85,000 crores
Products such as soaps, hair oil and biscuits have reported good sales in rural India.
Godrej Comsumer Products has reported a 40% growth in rural sector ( April-Sept09).
25% sales of Marico comes from rural India .
Rural and Semi-urban India accounts for 50% of Dabur India’s domestic sales