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Project Description : The scope of the Indian retail market is immense for this sector is poised for the highest growth in the next 5 years. The India retail industry contributes 10% of the countries GDP and its current growth rate is 8.5%. In the Indian retail market the scope for growth can be seen from the fact that it is expected to rise to 800.9 billion dollar in 2014 from 574 billion in 2010. The organized retailing sector in India is only 5% and is expected to rise to 25- 30% by the year 2016. There are under construction at present around 500+ departmental stores, 400+ new malls, and 2000+ supermarkets. This proves that there is a tremendous scope for growth in the Indian retail market.
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