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Retailing in India is gradually inching its way toward becoming the next boom industry. Modern retail has entered India as seen in sprawling shopping centres, multi-storied malls and huge complexes offer shopping entertainment and food all under one roof. A young and popular destination for the trendy young crowd.
There is a huge scope for the growth of the organized sector in India. According to the various surveys conducted individually; |
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- In the next five years, India’s retail industry will expand more than 80%
- In India there will be 20% growth for the organized retail segment by 2010
- The size of the organized retail will grow three times in the next 4-5 years to 17 billion dollars as against current size of 6 billion dollars.
- India will witness the fastest growth in retailing and real estate.
- India is rated 6th in the global retail development index.
- India is the 5th among the 30 emerging markets for new retailers to enter.
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Untitled Document
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| IIRM, IIFT has been affiliated to RAJASTHAN UNIVERSITY |
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