Thursday, July 30, 2009

TRENDS| Indian retail sector to grow by 9 pc; to touch $521 bn by 2012 - Economic Times

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Indian retail sector to grow by 9 pc; to touch $521 bn by 2012
Economic Times
"FMCG and apparel sectors contribute the maximum to the growth of the retail market in India," Bharti Retail President and COO Vinod Sawhny said during a FICCI event. He said the Indian retail market is estimated to be around $350 billion, of which modern retail or the organised segment has only four per cent share.