And for it to reach its full potential the government and the Indian retailers will have to make a determined effort. Indian organized retail market is growing at a fast pace due to the boom in the India retail industry. In 2005, the retail industry in India amounted to Rs 10,000 billion accounting for about 10% to the country's GDP...
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In 2005, the retail industry in India amounted to Rs 10,000 billion accounting for about 10% to the country's GDP. The organized retail market in India out of this total market accounted for Rs 350 billion which is about 3.5% of the total revenues. The growth in the Indian organized retail market is mainly due to the change in the consumers behavior...
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