Kingsmen India Blog | Indian Retail Industry
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Design, Retail Industry / 19.09.2016

The growing urbanization, advanced technological environment, varying demographics, and several players entering the Indian Retail market has led India to become one of the topmost preferred destination for retail investments in the world and ranks 15th in the Global Retail Development Index. Accounting for almost 10% of the country’s GDP (Gross Domestic Product) and over 8% of the employment, the Indian Retail Industry is expected to nearly double to USD 1.3 trillion by 2020. The industry is classified into two groups, namely, the unorganized retail and the organized retail....