Indian Retail

Essay specific features

 

Issue:

Business

 

Written by:

Alonzo S

 

Date added:

February 4, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 352

 

Was viewed:

4911 times

 

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Essay content:

The organized retail however is at a very nascent stage though attempts are being made to increase its proportion to 9-10% by the year 2010 bringing in a huge opportunity for prospective new players 1. The sector is the largest source of employment after agriculture, and has deep penetration into rural India generating more than 10% of India's GDP 2...
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The sector is the largest source of employment after agriculture, and has deep penetration into rural India generating more than 10% of India's GDP 2. Source: Ernst &Young, The Great Indian Retail Story, 2006. A look at the statistics shows that the retail sector in India is worth USD 394 billion and is growing at the rate of 30% annually...
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