how will be the future for retail in india in next couple of years will GDP increase or falls ?whats the cureent rate in india

I dont think with current reccesion retail industry is going anywhere company like subhiksha food land vishal megamart almost selling or going bankrupt i doubt if retail will grow at such pace 

India retail industry is the largest industry in India, with an employment of around 8% and contributing to over 10% of the country's GDP. 
Retail industry in India is expected to rise 25% yearly being driven by strong income growth, changing lifestyles, and favorable demographic patterns.

It is increasing at a rate of 5% yearly. A further increase of 7-8% is expected in the industry of retail in India by growth in consumerism in urban areas, rising incomes, and a steep rise in rural consumption. 
It has further been predicted that the retailing industry in India will amount to US$ 21.5 billion by 2010 from the current size of US$ 7.5 billion.