IndiaRetailBiz

International retailers heve voted India as one of the most attractive and exciting retail destinations in the world.

By 2020, India will be become the country with most young people in the world. Add to this the advantages of rapid urbanization, growing number of double income families, increasing westernization of consumer behaviour, among others, and you have a perfect recipe for a booming retail market in India.

To meet increasing information needs of potential entrepreneurs, Reasearch and Markets– an Ireland-based  ‘One-Stop-Shop’ for market research reports on industries and sectors, has announce the publication of its latest report on retail sector in India, appropriately entitled ”Booming Retail Sector in India.”

The key finding of the report are:

• Organized retail market in India is expected to reach US$ 50 Billion mark by 2011.

• Number of shopping malls is expected to increase at a CAGR of more than 18.9% from 2007 to 2015.

• Rural market is projected to dominate the retail industry landscape in India by 2012 with total market share of above 50%.

• Organized retailing of mobile handset and accessories is expected to reach close to Rs. 5000 Crore by 2010.

• Driven by the expanding retail market, third party logistic market is forecasted to reach US$ 20 Billion by 2011.

• Apparel, along with food and grocery, will lead the organized retailing in India

The report can be obtained by placing order with the publisher.