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Indian Retail Industry-
Essay specific features
Written by:
William W
Date added:
March 12, 2015
Level:
University
Grade:
A
No of pages / words:
4 / 863
Was viewed:
8325 times
Rating of current essay:
Essay content:
The India retail industry contributes 10% of the countries GDP and its current growth rate is 8.5%. In the Indian retail market the scope for growth can be seen from the fact that it is expected to rise to US$ 608.9 billion in 2009 from US$ 394 billion in 2005.
The organized retailing sector in India is only 3% and is expected to rise to 25- 30% by the year 2010...
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The major Indian retailers are:
• Pantaloons Retail India Ltd
• Shoppers Stop
• Bata India Ltd
• Music World Entertainment Ltd
Judging the scope for growth in the India retail industry many global retail giants are also entering the Indian retail market. They are :
• Tesco
• Metro AG
• Wal- Mart
The scope for growth in the Indian retail market is seen mainly in the following cities:
• Mumbai
• Delhi
• Pune
• Ahmedabad
• Bangalore
• Hyderabad
• Kolkata
• Chennai
The scope of the Indian retail market is very vast...
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