India Retail Industry: Snapshot of Indian Retailer, Indian Consumer, Indian Retail Market Size and Potential
•• The Indian retail industry accounts for 10%
of the GDP and 8% of employment.
•• India is being touted as the next big retail
destination with an average CAGR of 40%
to 45%
•• The sheer size of the population demands
attention from retailers worldwide and the
potential for growth in this nascent industry
is tremendous.
•• As per AT Kearney’s GRDI for 2008, India
ranks second to Vietnam. It topped the list
in 2007.
•• India is the world’s 4th largest economy in
terms of Purchasing Power Parity, after USA,
China and Japan; it is expected to move to
the third position by 2010.
•• India is rated ahead of China on the Foreign
Direct Investment Confidence Index (FDICI)
making it an attractive retail market among
other emerging economies in the world.
•• According to a study conducted by the
Associated Chambers of Commerce and
Industry (ASSOCHAM), the annual retail sale
that was close to US$ 6 billion in 2007, is
expected to reach USD 17 billion by 2010.
•• The ICRIER study found that total Indian
retail business would grow at 13%, from US$
322 billion in 2006-07 to US$ 590 billion in
2011-12. The unorganized retail will grow
10% from US$ 309 billion 2006-07 to US$
496 billion in 2011-12.
•• India is rated in the highest category of
the Aspirational Index in Asia as per the AC
Nielsen Online Omnibus Survey 2005
•• According to NCAER, only 14% Indian
households will have annual household
incomes less than US$ 921.66 by 2012.
•• An Economic Times study of 50 top
consumer goods and services firms in the
June quarter of 2008-09 saw sales grow at
an average rate of 24% year on year.
Find more such interesting facts in our report on the Retail Industry in India
Title
Date
No of pages
Retail Scene in India - April 2009
April 2009
25
This report on the Retail Industry in India gives a complete overview of the Retail Sector in India, the various retail formats and branded retailers, rural retailing, retail market in large metros and the small town retail phenomenon.
It also provides an insight into the Indian consumer – the purchasing power of the young, the growing women workforce in India and its implications on the Retail Industry.
The report also analyses the entry of International players in the Indian Retail Industry and the implications of their entry on the Retail Sector in India.
The report also delves into the various retail segments like Food & Grocery Retail, Apparel and Accessories Retail, Retail of Consumer Durables, Retail of Lifestyle and Luxury products, Home Furniture and Household Goods Retail and the emerging Kids’ Retail Market in India.
This report has been updated in 2009 and has valuable insights and additions to the reports brought out in 2008 and 2007.
If you can’t find what you are looking for or need something more specific. Let us know! We have a dedicated panel of experts and researchers, who would be able to provide you a report tailor made to your needs.
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