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FAST FACTS -
14 to 15 % of GDP.
Indian retail market is approx US $ 450 billion
One of the top 5 retail markets in world.
Employment to about 40 million Indians
(3.3% of Indian population).
Increasing purchasing power of consumers
is creating large market opportunities.
The Indian Retail Market
Organized Unorganized
Trading activities by Traditional formats
licensed retailers of low-cost retailing
(registered for sales The local mom and
tax, income tax, etc.)
pop store,
Supermarkets , paan/beedi shops,
hypermarkets and convenience
retail chains, and also stores, hand cart
privately owned large and pavement
retail businesses. vendors, etc.
Growth
Growth over 1997-2010
India in 1997 allowed foreign direct investment (FDI) in cash and
carry wholesale. For eg :Best Price by walmart and bharti
enterprise.
India has topped the Global Retail Development Index (GRDI) (for 3
consecutive years).
Indian retail industry registered a continuous but limited growth .
Growth