Ritchie Street faces the phase of decline
Posted on: 23/Feb/2015 3:31:30 PM
Think of picking an electronic product in Chennai and you’ll think of Ritchie Street. Right from tiny screws, nuts and bolts till technically advanced graphic card, Ritchie Street will have everything contained for you in its congested shops in four to five streets, a little away from Anna Salai.
These scenes of busy shopping seem to be facing a decline with the full-fledged functioning of e-commerce business. Thousands of shops are located next to each other in very compact spaces which have altogether made the street an electronic identity to the entire city.
This area has always been known for assembled and branded computers and with the advent of smartphones, it gained popularity for them too. Ritchie street is a family name for all Chennaites when they think of electronics, and gadgets.
The sad part of this business in the recent years is that online portals and ecommerce sites over take these businesses carried out in small kiosks. According to one of the sellers in Ritchie street, he says the business is not as flourishing as it was in 90s or 2000s when there prevailed a huge demand for computers and other accessories. With the launch of plenty of online retail stores offering attractive discounts, all these businesses in these shops are absorbed in large scale.
