Traditional Retailers Urge Policy Support Amidst E-commerce and Quick-Commerce Growth
Manohar Agarwal, national co-convenor of Swadeshi Vyapar Manch, expressed concern over the declining interest of the younger generation in family-owned businesses
Traditional traders are calling for policy support as they face increasing competition from e-commerce and quick-commerce platforms. Concerns have been raised about the declining interest among younger generations in continuing family-owned businesses. This trend poses a significant challenge to the long-term sustainability of traditional retail. The rise of online retail offers convenience but impacts local businesses. Policy interventions are sought to create a level playing field. The shift in consumer behavior necessitates adaptive strategies for traditional traders.
The growing dominance of e-commerce threatens traditional businesses, prompting calls for policy support to ensure their survival and preserve local economies.
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