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What is the state of India?s retail market and why does it represent such an enticing opportunity to foreign investors?
Q&AWith the number of potential Indian consumers well over one billion, retail in India presents a substantial opportunity for foreign investors. From 2010-2012 the sector grew by over 10 percent annually, with analysts predicting a compound annual growth rate (CAGR) of 19 percent through 2015 and beyond. Moreover, organized retail is still a tiny slice of the overall retail market, comprising only 8 percent of the total. Thus, with the continued growth of the Indian middle class, retail (and especially organized retail) is set to achieve rapid growth.
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