The Indian retail sector is highly fragmented with in excess of twelve million smaller, unorganized stores. Having said that, organized retail is expanding swiftly, estimated to triple in size to $24 billion by 2010. Modern day retail formats are spreading from city to rural parts and deepening their presence throughout India.
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(one) Rural spaces are generally personal household places organized irregularly surrounded by character, with couple of general public spaces like mini marketplaces and parks. Suburban spaces aspect privately-owned household buildings and also general public facilities like procuring malls.
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This doc provides an analysis from the retail business in India. It discusses the composition and development of the Indian retail sector, including the distinction in between structured and unorganized retail. What's more, it analyzes The federal government's international direct financial investment procedures linked to retail, like enabling as much as fifty one% FDI in one-model retail given that 2006 and proposed reforms to permit fifty one% FDI in multi-brand name retail.
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