“There are 12 million kirana stores in India translating into 10 stores per 1,000 Indians. The penetration of these stores is enormous in that sense. In many respects, it is a motivating factor for big-retail’s small store plans.”

BCG's Abheek Singhi discussed India's changing business models.

India's Business Standard quoted BCG's Abheek Singhi, once in an article on the balance between growth and managing the bottom line, and once in an article on the influence of kirana stores. The latter article also cited Abheek for presenting a report on India's changing business models at the India Retail Forum. “There are 12 million kirana stores in India translating into 10 stores per 1,000 Indians. The penetration of these stores is enormous in that sense. In many respects, it is a motivating factor for big-retail’s small store plans,” said Abheek.

Business Standard