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  • Providing robust range and assortment—Retailers offer private labels in a range of categories that include but are not limited to food and non-food categories.

  • Employing specialised staff—Retailers employ specialised and trained staff to develop private labels that offer health benefits to consumers. These trained staff prepare formulations and maintain an active and important role in Research&Development.

  • Ensuring quick time-to-market—Most interviewed retailers indicate that it takes between three to 12 months to launch private label products, given the relative ease in finding manufacturers.

  • Experimenting with products—Some retailers indicate that they are experimenting with private labels and are in the process of identifying underserved categories, finding common features that several customers are demanding for products in stores, etc.

Primary case example

  • Guardian Lifecare’s Private Label Strategies

Discussion theme 4—Goods and Service Tax (GST) is likely to benefit retailers.

After much deliberation, the Empowered Committee (EC) of State Finance Ministers finally released the First Discussion Paper on 10 November 2009 on implementation of a dual GST in India. The nation-wide implementation of a dual GST signals the next generation of tax reforms designed to address the barriers to trade and to expand the tax base.

With the merger of several indirect taxes into a dual GST, an immediate impact area for businesses paying these taxes is to understand how the tax consequences would change under the dual GST. The taxable events under the dual GST regime would be different from the existing excise and value added tax provisions. These changes will have a considerable impact on trade and industry, ranging from how the tax is levied, to when it is required to be paid, to whether credits accrue for such taxes.



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