Indian Retail Industry-
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Title: Indian Retail Industry-

Essay Details:

Subject: Business
Author: George T
Date: March 31, 2016
Level: University
Grade: B
Length: 3 / 863

Essay text:

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. The scope of the Indian retail market have been seen by many retail giants and thats the reason that many new players are entering the India retail industry. 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...

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