Role of Green Supply Chain Management Practices in Indian Retail Industry: An Empirical Study

Abstract

The Indian retail sector is crucial to the economy of the nation since it boosts consumer welfare, GDP growth, and employment. However, because of the environmental issues caused by its rapid growth, sustainable practices must be used. Practices for green supply chain management (GSCM) have arisen as a response to these difficulties. The goal of GSCM is to reduce resource utilization, waste production, and carbon impact along the whole supply chain. Retailers may lessen their environmental effect, save money, improve their brand image, and adhere to rules by adopting GSCM. However, obstacles such as lack of knowledge, inadequate infrastructure, a lack of funding, and problems with supply chain openness make it difficult to apply GSCM practices. To overcome these obstacles and promote a greener and more sustainable retail sector in India, cooperation between retailers, governing agencies, and stakeholders is essential. The researcher had considered 214 people from Indian retail industries to know the role of green supply chain management practices in Indian retail industry and concludes that there is significant role of green supply chain management practices in Indian retail industry.