Trilegal has extensively assisted small and multinational retailers, wholesalers and distributors in dealing with legal and commercial issues in the sector. We have handheld businesses in strategic partnerships, M&A, commercial transactions, restructurings, regulatory approvals, navigating economic regulations, and financing.
The retail, wholesale, and distribution market in India is a fast-paced and dynamic space that is witnessing growth propelled by the adoption of new digital technologies, increased online spending, a sizeable middle class, and the entry of new players. To aid the growth of the MSMEs in the sector, the government has also reinstated retailers and wholesalers as MSMEs, extending to them the benefit of priority sector lending, a report by Moneycontrol states. In 2021, the government introduced the draft National Retail Trade Policy to streamline retail trade and development of all formats of the retail trade sector to facilitate ease of doing business, provide quick access to credit, digitalisation, promote skills development and more.
The majority of Indian manufacturers have adopted a three-tier selling and distribution structure comprising distributors, wholesalers, and retailers. Hence, according to India Brand Equity Foundation, India is currently the world’s fifth-largest retail market, which is projected to grow from USD 779 billion in 2019 to USD 1,407 billion by 2026. Factors like increasing competition and cost pressures in the backdrop of globalisation pose complex challenges in operations and businesses must ensure that they are positioned to handle the consistently evolving norms.
Trilegal has extensively assisted small and multinational retailers, wholesalers and distributors in dealing with legal and commercial issues in the sector. Our multi-disciplinary team of lawyers has developed an extensive understanding of the challenges and opportunities in the industry and has handheld businesses in strategic partnerships, M&A, commercial transactions, restructurings, regulatory approvals, navigating economic regulations, and financings.
Some of our clients in this space include –