Indian Retail industry INDIAN RETAIL INDUSTRY Indian Retail industry


Size of the Industry By 2010 the organised Retail Sector in India is expected to triple its size. The food and grocery retail sector is expected to multiply five times in the same time frame. The market size of Indian retail industry is about US $312 billion
Geographical distribution In all the major Cities of the country
Output per annum With growing market demand, the industry is expected to grow at a pace of 25-30% annually.
Percentage In World Market Today India is the fifth largest in the world in terms of Retail Industry
Market capitalization In 2010 the retail trade accounts for 12 % of the country's GDP. The present value of the Indian retail market is estimated to be around Rs. 12, 00,000 crore ($270 billion) and the annual growth rate is 5.7%.


Indian Retail Industry History Indian Retail Industry
The origins for retail business in India can be traced with the emergence of Kirana stores and mom-and-pop stores. These stores used to cater to the local people. Gradually the government started supporting the rural retail and many indigenous franchise stores came up with the help of Khadi & Village Industries Commission. The economy began to open up in the 1980's resulting in the change of retailing. The first few companies to come up with retail chains were in textile sector, for example, Bombay Dyeing, S Kumar's, Raymonds, etc. Later Titan launched retail showrooms in the organized retail sector. With the passage of time new entrants moved on from manufacturing to pure retailing.

Retail Industry
Today India is the fifth largest in the world in terms of Retail Industry. Comprising of organized and unorganized sectors, Indian retail industry is one of the fastest growing industries, especially over the last few years. Though initially, the retail industry in India was mostly unorganized, with the change of tastes and preferences of the consumers, the industry is getting more popular these days and getting organized as well. With growing market demand, the industry is expected to grow at a pace of 25-30% annually. The India retail industry is expected to grow from Rs. 35,000 crore in 2004-05 to Rs. 109,000 crore shortly.

Indian Retail Industry is the most promising emerging market for investment According to the 8th Annual Global Retail Development Index (GRDI) of AT Kearney, the retail trade in India had a share of 8-10% in the GDP (Gross Domestic Product) of the country in the year 2007. In 2009, it rose to 12% in the year 2008 and expected to reach 22% in the next few years.

The Indian Retail Industry is expected to grow to US$ 700 billion in the year 2010 according to a report by Northbride Capital. In the same year the organized sector will be 20% of the total market share as compared to the share of organized sector in 2007 was 7.5% of the total retail market.

Retail is India's largest industry and for over 10% of the India's GDP and around 8% of the employment. Retail sector is one of India's fastest growing sectors with a 5% compounded annual growth rate. As India has a huge middle class base and its untapped retail industry are key attractions for global retail giants planning to enter newer markets. Due to the changing lifestyles, strong income growth in the middle class population and favorable demographic patterns, Indian retail is expected to grow 25% annually and expected that retail business in India could be worth US$ 175-200 billion by 2016.
Indian Retail Industry Brief introduction Indian Retail Industry
Retail Industry
The Indian Retail Industry has come forth as one of the most dynamic and fast paced industries with several players entering the market. Today due to Retail business the total concept and idea of shopping has undergone an attention drawing change in terms of format and consumer buying behavior, ushering in a revolution in shopping in the country.

Modern retailing has entered into the country and as is observed in the form of bustling shopping centers, multi-storied malls and the huge complexes that offer shopping, entertainment and food all under one roof. A large young working population with median age of 24 years, nuclear families in urban areas, along with increasing working women population and emerging opportunities in the services sector are the key factors in the growth of the organized Retail sector in India.

Retail Industry
The growth pattern in organized retailing and in the consumption made by the Indian population will follow a rising graph helping the newer businessmen to enter the India Retail Industry.

The Food Retail Industry in India dominates the shopping basket. The Mobile phone Retail Industry in India is already a US$ 16.7 billion business, growing at over 20 %per year. The future of the India Retail Industry looks promising with the growing of the market, with the government policies becoming more favorable and the emerging technologies facilitating operations.
Indian Retail Industry Market capitalization Indian Retail Industry
Organized Retail Penetration Across Catagories
The present value of the Indian retail market is estimated to be around Rs. 12,00,000 crore($270 billion) and the annual growth rate is 5.7%. Retail market for food and grocery with a worth of Rs. 7, 43,900 crore is the largest of the different types of retail industries present in India. Furthermore around 15 million retail outlets help India win the crown of having the highest retail outlet density in the world.
Indian Retail Industry Size of the industry Indian Retail Industry
In the next fe years the organised Retail Sector in India is expected to triple its size. The food and grocery retail sector is expected to multiply five times in the same time frame. The market size of Indian retail industry is about US $312 billion. The organised retailing comprises only 2.8% of the total retailing market and is estimated at around US$ 8.7 billion and the organised retail sector is expected to grow to US $ 70 billion.

In the present scenario, 51% Foreign Direct Investment is permitted in India only through single brand retailing and FDI upto 100% allowed under the automatic route for cash and carry wholesale.
Indian Retail Industry Total contribution to the economy/ sales Indian Retail Industry
In 2010 the retail trade accounts for 12 % of the country's GDP and is expected to approach 22% according to Indian Brand Equity Foundation. Another analysis according to the Mckinsery 'The rise of Indian Consumer Market', foresees the Indian consumer market growing by four times by the year 2025, the Indian Retail industry is worth $300 billion in terms of value. The industry's contribution to the Gross Domestic Product is about 10%, the highest compared to all other Indian Industries.
Retail Industry
Indian Retail Industry Top leading Companies Indian Retail Industry

Other popular brands are Archies, Bata India Ltd, Big Bazaar, Crossword, Ebony Retail Holdings Ltd., Fabmall, Food Bazaar, Globus Stores Pvt. Ltd., Health and Glow, Liberty Shoes Ltd., MTR Foods Ltd., Music World Entertainment Ltd., Pantaloon Retail India Ltd., Shoppers Stop, Style SPA Furniture Ltd, Subhiksha, Titan Industries, Lifestyle, etc. New entrants entering the market soon will be Reliance Retail Ltd, Wal-Mart Stores, Carrefour, Tesco, Boots Group, etc.

Indian Retail Industry Employment Opportunities Indian Retail Industry
The retail sector has also contributed to 8% of the employment in the country. Indian Retail Industry would generate employment for more than 2.5 million people, predicts an analysis by Ma Foi Management Consultants Ltd. Today the modern retail/retail services sector has the potential of creating over 2 million new (direct) jobs within the next 6 years in the country (assuming only 8-10% share of organized retailing), according to various analysts. Retail can create as many new jobs as the BPO/ITES sector in India. A strong retail front-end can also provide the necessary fillip to agriculture & food processing, handicrafts, and small & medium manufacturing enterprises, creating millions of new jobs indirectly. Through its strong linkages with sectors like tourism and hospitality, retail has the potential of creating jobs in these sectors also.
Indian Retail Industry Latest developments Indian Retail Industry

Indian Retail Industry Recent Press Release


Indian Retail Industry  INDIAN retail AT A Glance IN 2015 - 2016

Indian Retail Industry  INDIAN retail AT A Glance IN 2014 - 2015

Indian Retail Industry  INDIAN retail AT A Glance IN 2013 - 2014

Indian Retail Industry  INDIAN retail AT A Glance IN 2013 - 2012

Indian Retail Industry  INDIAN retail AT A Glance IN 2012 - 2011

Indian Retail Industry  Retailers Association of India (RAI)

Indian Retail Industry  The Franchising Association of India