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Indian retail sector to grow by 9 pc; to touch $521 bn by 2012Economic 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.