India, Feb. 19 -- India has lately become the centre of attraction for global giants looking to break through into the great Asia retail puzzle and make a buck from the emerging economic powerhouse.

With international retail chains making a beeline for India, the country's local retailers are bracing themselves for competition as the global giants have deep pockets and resources at their disposal. So, how are India's mom-and-pop stores preparing for this showdown? The answer lies in technology.

Once considered a good-to-have tool to maintain a competitive edge in the market, technology has now become an essential mandate for businesses to thrive, and even survive, in today's cut-throat retail ecosystem. With this shift in interests and ...