r a Career in Retail??
Retail in India picked up in the 1980s, when the country started to open itseconomy. Today, the Indian retail industry is evolving at a fast pace.
ranks first in the 2005 Global RetailDevelopment Index (GRDI) released by AT Kearney, and is rated the
fifthmost attractive emerging retail market
.AT Kearney has projected India¶s total retail market to
grow at acompounded 30 percent over the next five years.
organised retail segment growing at 25-30 p.c.p.a,revenues may triple from the current US$ 7.7 billion to US$ 24 billion by 2010
share of modern retail is likely to grow from its current 2percent to 15-20 percent over the next decade
, analysts feel. No wonder a heavyweight like
Reliance is planning to do a Wal-Mart inIndia
!In the next few years, India will see at
least two domestic retail businesses attain the magic figure of US$ 218 million in sales