Clothing & Footwear Retailing in India – Market Summary & Forecasts

Date: 2015-09

“• A strong and growing economy presents numerous opportunities for organized retailers, the country’s young and expanding middle class hold the key for the growth of retail industry
• Festive seasons and national holidays which are spread across the year are stimulating consumer retail spending, rural areas are still largely untapped markets
• Infrastructure, policy paralysis and supply chain constraints are some of the major growth roadblocks for the growth of retail
• Westernization and changing lifestyle bringing more opportunities for growth of clothing and footwear
• Clothing and footwear retailers target second and third-tier cities for sales growth”

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