Some Facts and Figures about Retail in India :
RETAIL SALES in India will grow from the US$395.96 Billion ( Rs 17818.20 Billion) in 2011 to US$ 785.12 Billion ( Rs 35330.40 Billion) by 2015. (Source : Business Monitor International)
Sales through MGR outlets ( Mass Grocery Retail) is expected to increase by 218% by 2015 to reach a level of US$ 27.67 billion ( Rs 1245.15 Billion)
Organised retail in India is expected to increase from 5 per cent of the total market in 2008 to 14-18 per cent and reach US$ 450 billion by 2015, according to a McKinsey & Company report titled 'The Great Indian Bazaar: Organised Retail Comes of Age in India'.
By 2012, around 55 million square feet of retail space will be ready in the national capital region ( NCR), Kolkata, Mumbai, Chennai, Bengalaru, Hyderabad and Pune. The organised retail real estate stock will therefore grow from the existing 41 million sq ft to 95 million square feet. ( Source : India Organised Retail Market 2010 by Knight Frank India)
According to the report ‘Strong and Steady 2011’ released by global consultancy and research firm PricewaterhouseCoopers (PwC), India's retail sector, which is currently estimated at about US$ 500 billion, is expected to grow to about US$ 900 billion by 2014.
According to a report by KPMG, food retail sector in India is set to more than double to by 2025 to US$ 150 Billion ( Rs 6750 Billion). This would be driven by growth of organised report coupled with changing consumer habits.
AT Kearney in its 9th annual Global Retail Development Index (GRDI) 2010 has ranked India as the 3rd most attractive nation for retail investment among 30 emerging markets.
Foreign direct investment (FDI) inflows between April 2000 and January 2011, in single-brand retail trading, stood at US$ 128.34 million, according to the Department of Industrial Policy and Promotion (DIPP).
Source : IBEF
RETAIL SALES in India will grow from the US$395.96 Billion ( Rs 17818.20 Billion) in 2011 to US$ 785.12 Billion ( Rs 35330.40 Billion) by 2015. (Source : Business Monitor International)
Sales through MGR outlets ( Mass Grocery Retail) is expected to increase by 218% by 2015 to reach a level of US$ 27.67 billion ( Rs 1245.15 Billion)
Organised retail in India is expected to increase from 5 per cent of the total market in 2008 to 14-18 per cent and reach US$ 450 billion by 2015, according to a McKinsey & Company report titled 'The Great Indian Bazaar: Organised Retail Comes of Age in India'.
By 2012, around 55 million square feet of retail space will be ready in the national capital region ( NCR), Kolkata, Mumbai, Chennai, Bengalaru, Hyderabad and Pune. The organised retail real estate stock will therefore grow from the existing 41 million sq ft to 95 million square feet. ( Source : India Organised Retail Market 2010 by Knight Frank India)
According to the report ‘Strong and Steady 2011’ released by global consultancy and research firm PricewaterhouseCoopers (PwC), India's retail sector, which is currently estimated at about US$ 500 billion, is expected to grow to about US$ 900 billion by 2014.
According to a report by KPMG, food retail sector in India is set to more than double to by 2025 to US$ 150 Billion ( Rs 6750 Billion). This would be driven by growth of organised report coupled with changing consumer habits.
AT Kearney in its 9th annual Global Retail Development Index (GRDI) 2010 has ranked India as the 3rd most attractive nation for retail investment among 30 emerging markets.
Foreign direct investment (FDI) inflows between April 2000 and January 2011, in single-brand retail trading, stood at US$ 128.34 million, according to the Department of Industrial Policy and Promotion (DIPP).
Source : IBEF
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