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Retail Landscape in India
Retailing in India is one of the largest industries with a total market size of USD 320 billion in the year 2006 and growing at a healthy CAGR of 5%. Rising incomes and increased consumerism along with an upswing in rural consumption will further fuel this growth to around 7-8%.
Over organized retailing in India is still very small (just 6%) of the entire retail Industry compared to 70% - 85% in some of the developed economies of the world.
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