Hey, we are now also on Twitter!! | IndiaRetailBiz

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Hey, we are now also on Twitter!!

September 28th, 2009 · No Comments

India Retail Biz (IRB), your friendly blog that aggregates news, views, and research on India’s fast growing retail sector, is now using Twitter– the world’s fastest growing social network.

So what are you waiting for? Join us @indiaretailbiz today to keep in touch with indiaretailbiz’s tweets that are not only reliable, consistent, and regular, but keep you ahead of others in the sector.

Visit and start following us today at: http://twitter.com/@indiaretailbiz.

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India Retail Biz
IndiaRetailBiz attempts to capture excitement of Retail Business in India by aggregating the best in news, views, research, analysis, trends, technology, and every thing else that is timely, authentic and relevant to the retail sector.
Quick Stats (Indian Retail)
- Market size (total) 2006: US$ 300 bn/annum
- Market size (total) 2010: US$ 427 bn/annum
- Market size (total) 2015: US$ 637 bn/annum
- Market size (modern retail) 2006: US$ 9-12 bn/annum
- Market size (modern retail) 2011: US$ 60 bn/annum
- Annual rate of growth (modern retail): 35%
- Penetration (modern retail) 2006: 3 to 4%
- Penetration (modern retail) 2010: 10%
- Number of retail outlets (total): 12 million
- New Investment by 2011: US$ 30 bn
- No. of persons employed (total): 21 mn
- No. of new jobs in next two years: 2 mn.
- No. of dollar designated millionares in India(2006) 100,015
- Typical space per outlet: 100 to 500 sq.ft.
- Space occupied (modern retail): 35 mn sq.ft.
- Operating Malls 2007: 114 (35 mn sq.ft.)
- New Malls under construction: 361 (117 mn sq.ft.)
- New space distribution: 65% (top 7 cities), 35% (tier II & III cities)
- New space distribution (among top 7 cities): NCR 34%, Mumbai 23%, Rest 43%
Statistics, most of which is in the form of estimates, contained herein above, is based and published research/ news reports.
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