Sources: KPMG Survey & AT Kearney’sGRDI2008
Retailing is one of the pillars of the Indian economy.
The Indian retail market, which is the fifth largest retaildestination globally, was ranked second after Vietnam asthe most attractive emerging market for investment inthe retail sector by AT Kearney's 7th annual Global RetailDevelopment Index (GRDI), in 2008.
There are around 12 million retail outlets in India.
Retailing in India is witnessing a huge revamping exerciseas the total Retail market size in India in 2008 wasestimated at US$ 353 billion (INR value approx 16944billion), which was Rs 11228.7 billion in 2001.
Retail in India..||