THE FUTURE OF RETAIL IN INDIA
According to a study the size of a Indian
Retail market is currently estimated at Rs.704
crores which account s for a meager 3%of the
total retail market . As the market becomes
more and more organized and Indian retail
industry will gain greater worth The Retail
by 50 to 60% pertaining to easy and
inexpensive availability of land and demand
among consumers.
growth in India real estate sector is also complementing the retail sector and thus it becomes a strong feature trend.
over a period of next 4 years there will be a retail space demand of 40 million sq. ft. however with growing real estate sector
space constraint will not be there to meet this demand.
the growth in the retail sector is also caused by the development of retail specific properties like malls and multiplexes.
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