We discussed the crucial importance of location in the dynamic retail sector and the critical factors to consider before deciding and finalizing the optimal location.
There is another crucial aspect of your presence: geographical representation. Let's delve deeper into this fascinating data.
Below are the top Indian cities by population:
Delhi: 34 million
Mumbai: 22 million
Kolkata: 16 million
Bangalore: 14 million
Chennai: 12 million
If we look at the top seven companies (only listed players) in the QSR sector, with a combined market cap of 81,000 crore, a significant portion of their business comes from the above vibrant cities.
Now, the question is, which are the top cities in each state where the population is 10 million and above? In other words, where are there more populous cities like Chennai or Mumbai (only from a population count perspective, not from per capita data, which we will discuss in another blog)?
Below are the top cities in each state with a population of 1 million and above:
Uttar Pradesh: 10 Cities - Lucknow, Kanpur, Agra, Meerut, Varanasi, Prayagraj, Bareilly, Aligarh, Moradabad, Saharanpur
Kerala: 7 Cities - Kozhikode, Malappuram, Thrissur, Kochi, Thiruvananthapuram, Kannur, Kollam
Maharashtra: 6 Cities - Mumbai, Pune, Nagpur, Nashik, Aurangabad, Solapur
Tamil Nadu: 7 Cities - Chennai, Coimbatore, Madurai, Tiruppur, Tiruchirappalli, Salem
Gujarat: 4 Cities - Ahmedabad, Surat, Vadodara, Rajkot
Madhya Pradesh: 4 Cities - Indore, Bhopal, Jabalpur, Gwalior
Karnataka: 3 Cities - Bengaluru, Mysore, Hubli-Dharwad
Jharkhand: 3 Cities - Jamshedpur, Ranchi, Dhanbad
Punjab: 3 Cities - Ludhiana, Amritsar, Jalandhar
Rajasthan: 3 Cities - Jaipur, Jodhpur, Kota
West Bengal: 3 Cities - Kolkata, Asansol, Siliguri
Andhra Pradesh: 2 Cities - Visakhapatnam, Vijayawada
Chhattisgarh: 2 Cities - Raipur, Durg-Bhilai Nagar
Telangana: 2 Cities - Hyderabad, Warangal
Assam: 1 City - Guwahati
Bihar: 1 City - Patna
Odisha: 1 City - Bhubaneswar
Uttarakhand: 1 City - Dehradun
Chandigarh: 1 City - Chandigarh
Delhi: 1 City - New Delhi
Jammu & Kashmir: 1 City - Srinagar
In total, 65 Indian cities have a population of more than 1 million, whereas China has 105 such cities, and the US has 9.
Conclusion: While we understand the paramount importance of choosing the right location, we should be clear in our strategic approach about who our customers are and which top cities and clusters we, as a company, want to target.
Thanks for reading and Subscribe to my newsletter for more content on Indian Retail Sector
Comments