India was originally referred to as the “Golden Bird” or “Bird of Gold,” which is what it actually was up until the white people conned India and gave us the moniker “Third-World Nation.” India was the leader in the artistic handmade industry when our resources were genuinely sought after, and the rest is history.
India’s economy is currently the fifth largest, surpassing that of our former colonial masters, yet our market does not experience the same growth and independence. Even though we have advanced and excelled in many areas, our markets are still suffering, especially the unorganised retail sector. E-commerce behemoths are devouring our unorganised retail sector, stifling everyone with their aggressive marketing tactics and alluring offers while leaving our neighbourhood store owners with unsold inventory. To save money, we Indians seek for steep discounts, but at what cost? We are selling our market to MNCs based in America. The founders of The AKR Company saw the chaos in the market, sought to fix the broken system, and created a plan to rebuild India from its pitiful state.
The organised retail sector increased from 9% in 2019 to a startling 18% in 2021, almost doubling it. The e-commerce sector increased from 3% in 2019 to 7% in 2021. The unorganised retail sector has seen a significant decline over the past three years, going from a staggering 88% in 2019 to 75% in 2021.
The AKR Company which is registered as Audacious Kingship Raiders Private Limited is a Patna-based start-up that was chosen by Bihar government under the start-up policy scheme and was incubated by Bihar Industries Association’s Venture Park Incubator. It was founded by two undergraduate students, later the number of co-founders increased to five people.
The AKR Company Launches Innovative B2B Solutions to Empower Unorganised Retail Industries in India’s FMCG, Clothing and Footwear Sector.
The AKR Company, a distinctive B2B platform in the FMCG, Clothing and Footwear industry, is excited to announce the launch of its cutting-edge B2B solutions designed to accelerate unorganised retail industries in India. These solutions are specifically aimed at providing small businesses in the unorganised retail sector with the resources they need to succeed in today’s competitive market and to improve their supply chain management, increase efficiency, reduce costs and deliver exceptional quality products to their customers.
“At The AKR Company, we understand the challenges faced by businesses in the FMCG, Clothing and Footwear industry,” said Augustine Paul, CEO of The AKR Company. “Our new B2B solutions are designed to help our clients overcome these challenges and succeed in their business by providing the support and resources they need.”
The AKR Company’s new B2B solutions for unorganised retail industries in India are designed to provide small businesses with the resources they need to succeed. With a focus on quality, efficiency, and innovation, The AKR Company is committed to empowering small businesses and helping them achieve their goals in India’s FMCG, Clothing and Footwear industry.
“We are excited to launch our new B2B solutions for unorganised retail industries in India,” said Augustine Paul. “We believe that our solutions will provide the support and resources that small businesses need to succeed in today’s competitive market and reclaim our long lost title of Golden Bird.”
For more information on The AKR Company’s new B2B solutions, visit The AKR Company website – www.theakrcompany.com.