Indian Retail Market India is one of the youngest nations in the world with more than half our population below the age of 30 years! A sense of confidence coupled with a willingness to change and a desire to rise above origins is ushering in a new consumption-led economy in India. Rated as the fifth most attractive, emerging retail market in the world, India is viewed as a potential goldmine for global as well as domestic major.

• India is one of the ten largest retail Markets in the world
• Retail Sales were $ 206 Billion in 2004, over 30% of GDP
• ‘Organized Retail’ Constitutes only 3% of total retail sales – about $6.4 billion p.a
• However “organized retail” has been growing at 20% p.a in last 5 years

• The overall retail market is expected to grow three fold in the next 10 years from $206 billion today    to about $660 billion by 2015.
      »India is expected to be among the top 5 retail markets in the world in 10 years.

• Organized retail is expected to grow rapidly to reach $100 billion by 2015
      »Likely to account for 12-15% of total retail sales by 2015