Q&A
What is the state of India?s retail market and why does it represent such an enticing opportunity to foreign investors?
What is the state of India?s retail market and why does it represent such an enticing opportunity to foreign investors?
With 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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