Retail Sector in India – Changing gears
Retail in India is seen as sunrise Industry next to IT. Retailing in India can be classified under two broad headings: Organised and Unorganised. Currently, the size of Indian retail sector is to the tune of US$ 328 billion with unorganised retail in a dominating mode. Organised retailing contributes to roughly around 4% of the whole market. The top ten cities account for 96% of total organised retail, of which the top six cater to 82%.
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