What is the actual current scenario?

Looking at the current scenario we see that Indian cities have the potential to have over 300 new hypermarkets by 2011, mostly in tier-I and tier-II cities and even in 2008, 212 towns had sufficient market potential for hypermarkets for break-even existence. Also today things are gradually picking up momentum especially in the country’s home retail segment which was among the categories worst affected by the slowdown .. Continue reading >>

Will the new entrants benefit?

The Indian retail market, being the fifth largest retail destination globally, has been ranked the second most attractive emerging market for investment after Vietnam in the retail sector by AT Kearney’s seventh annual Global Retail Development Index (GRDI), in 2008. The share of retail trade in the country’s gross domestic product (GDP) was between 8–10 per cent in 2007. It is currently around 12 per cent, and is likely to reach 22 per cent by 2010.. Continue reading >>