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DISCOUNT RETAIL IN INDIA TO REACH Rs.30,000 Crore By 2012

Discounts stores which were mere dump yards for factory seconds a few years ago have emerged as a brand new business opportunity for Indian retailers. These stores no longer stock export surplus rejects and offer a great value proposition to the savvy, price sensitive Indian consumer, in price, ambience, service and overall shopping experience.
Indian Retail Business Scenerio
o Market size (total) 2006: US$ 300 bn/annum
o Market size (total) 2010: US$ 427 bn/annum
o Market size (total) 2015: US$ 637 bn/annum
o Market size (modern retail) 2006: US$ 9-12 bn

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Discounts stores which were mere dump yards for factory seconds a few years ago have emerged as a brand new business opportunity for Indian retailers. These stores no longer stock export surplus rejects and offer a great value proposition to the savvy, price sensitive Indian consumer, in price, ambience, service and overall shopping experience.
Indian Retail Business Scenerio
o Market size (total) 2006: US$ 300 bn/annum
o Market size (total) 2010: US$ 427 bn/annum
o Market size (total) 2015: US$ 637 bn/annum
o Market size (modern retail) 2006: US$ 9-12 bn

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