This Heart-warming Story of a beautiful Cooperative Society from Mandya
This is the story of a beautiful Cooperative Society from Mandya.
A Village named Talgavadi, Malavalli Taluk, Mandya District Co-Op are the farmers from this village and there are about 1000+ owner members in this Co-Op. Apart from the regular activities, 5 years ago the society has started a 5 Storeyed Supermarket in their village. This Supermarket does about Rs 5 Crore turnover in a year and all the products they sell here has a minimum discount of 10-18%. The society is profitable and the entire society does a turnover of about Rs 30 Crore in a year.
Big retailers sell at MRP without any discounts and still they end up with a loss, but these villagers with Zero Knowledge of RETAIL Industry are making profits by giving direct discounts to their consumers.
Shouldn't the educated of the retail industry learn from them? Shouldn't the educated start looking at THE UNEDUCATED for out of the box solutions!!!
Jai Mandya, Jai India!!!