Retail Trends

First of all lets see where the present Indian Organised Retail Industry stands in comparison to the world;

Organised trade in India is highly under-developed as compared with other emerging markets in Asia, Latin America and Eastern Europe and developed markets like the US.

Below I have mentioned certain facts for your reference;

1. Markets
   • 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
2. Investment
   • New Investment by 2011: US$ 30 bn
3. Employment
   • No. of persons employed (total): 21 mn
   • No. of new jobs in next two years: 2 mn.
4. Retail Space
   • 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%

So now you could very well see that this sector is giving you a lot of opportunities, just grab them.