Retailing in India – Market Summary & Forecasts

Date: 2015-08

“• Retail spending to witness double digit growth to 2019

• A strong and growing economy presents numerous opportunities for organized retailers, the country’s young and expanding middle class hold the key for growth of the retail industry

• Festive seasons and national holidays stimulating consumer retail spending

• Infrastructure, policy paralysis, and supply chain constraints are some of the major growth roadblocks for retail growth

• The niche online channel is set to increase by nine times over the forecast period

• Organized food and grocery and personal care markets are all set to suffer increased competition from international retailers, while clothing and footwear retailers target second and third-tier cities for sales growth”

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