Volume : VII, Issue : XI, November - 2018

Retail Industry in INDIA : Opportunities & Challenges

Sneha Sharma, Ravi Kumar Bakshi

Abstract :

 Retailing in India is one of the pillars of its economy and accounts for 14-15% of its GDP. India is one of the fastest growing retail market in the world, with 1.2 billion people. Since liberalisation in early 1990’s many Indian retailers like shoppers shop, Pantaloon Retail India ltd., Spencer retail ventured into organised sector and have grown by many folds since then. India retail sector is estimated to touch 833 billion US dollar by 2013 and 1.3 trillion US dollar by 2018. With compound annual growth of 10% which is quite lucrative. All these estimations are due to the fact that the consumer spending has been a rise of around 75% in past 4 years. The organised retail Indian market is slated to grown at CAGR of 40% touching 107 billion US dollars by 2013

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Article: Download PDF    DOI : https://www.doi.org/10.36106/gjra  

Cite This Article:

Retail Industry in INDIA : Opportunities & Challenges , Sneha Sharma, Ravi Kumar Bakshi , GLOBAL JOURNAL FOR RESEARCH ANALYSIS : Volume-7 | Issue-11 | November-2018

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