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Retail Sector in India
e-Research and Publications India Private Limited (eRPI), March 2011, Pages: 8
The Indian retail market, over the last decade, has shown greater acceptance for organised retailing formats. Domestic retailing is emerging from a multitude of unorganised family-owned businesses to organised modern retailing. Rapid urbanisation, changes in shopping pattern, demographic dividend and pro-active measures by the Government are abetting the growth of the retail sector in India.
Sector highlights:
- Indian retail sector accounts for 22% of the country’s GDP and contributes to 8% of total employment
- Hypermarkets, currently accounting for 14% of mall space are expected to witness high growth
- Demographic dividend with over 50% of country populace under 25 years of age is a prime driving factor for modern retail sector
The report has been prepared through extensive secondary research supported by detailed analysis and focuses on market details, growth trends, major players, recent developments and key drivers. The report also discusses modern retailing formats and mall space distribution.
This report can be used as an “Information & Management Tool” and is ideal for overseas investors to get the first feel of the retail sector. Senior managers, apart from gaining insight into the retail sector, can also use this report for making presentations to internal audiences, customers, collaborators and channel partners.
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