Learn about the general traders, department and retail stores of India

The Indian retail industry has emerged as one of the most dynamic and fast-paced industries due to the entry of several new players. It accounts for over 10 per cent of the country’s Gross Domestic Product (GDP) and around 8 per cent of the employment. India is the world’s 5th largest global destination in the retail space.

The overall retail market is expected to grow at 12% p.a. India’s retail market is expected to grow at Compound Annual Growth Rate (CAGR) of 10% to US$ 1.6 trillion by 2026 from US$ 641 billion in 2016.
India’s Business to Business (B2B) e-commerce market is expected to reach US$ 700 billion by 2020. Online retail is expected to be at par with the physical stores in the next 5 years.

The international investors and manufacturers and even big brand names are keen to invest in a big market like India. The scenario is quite positive with many new reforms from the government that will be soon implemented to help investors get attractive returns.

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General traders, department and retail stores

India

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