Retail Sector in India
Essay specific features
June 24, 2015
No of pages / words:
2 / 376
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The list below presents some of the more significant market characteristics that should be considered.
A. Current market size:
The Indian watch market is estimated to be in excess of Rs 2,800 crore, of which the organized segment constitutes nearly 40 per cent of the total retail market (i.e. Rs 1,110 crore) and the remaining 60 per cent of the highly un-organized segment caters to the low end market...
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Rs 1,110 crore) and the remaining 60 per cent of the highly un-organized segment caters to the low end market.
B. Projected market growth rate:
The IMAGES-KSA India Retail Report 2005 estimates that about 28 million units are sold every year, and the off take is growing at the rate of 30 per cent per annum...
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