India Reports

India Report: Food and Grocery Retail Scene in India

Title
Date
No of pages

Food Retail Scene in India

Mar 2008
20

Updated March 2008 - The paper brings you details of the growth in the second-largest segment of India’s happening retail sector - food and grocery. The potential for new entrants in this segment is enormous, particularly in untapped markets like rural and semi-urban areas.

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Summary

Food and grocery is the second-largest segment of the retail industry and also it is the least organized.

According to a recent report by Ernst & Young, food and grocery account for almost 54% (USD 152 billion) of the total Indian annual retail business. However, food retail continues to be dominated by small local stores in the unorganized sector. The organized food retail sector is expected to grow by 30% to become worth US$ 2.4 billion in 2010.

The potential for new entrants in this segment is enormous, particularly in untapped markets like rural and semi-urban areas.

This paper maps the trends in the food retail sector, key players, their expansion plans and investments, consumer spending patterns and government policies.

Food Retail Scene in India
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