India’s Retail Market

Size of retail market projected to touch $2 trillion by 2032: Report

The size of the country's retail market is expected to touch USD 2 trillion by 2032, growing from USD 690 billion in 2021, according to a joint report by Anarock and Retailers Association of India (RAI). The report by property consultant Anarock and RAI said that real estate developers plan to add nearly 25 million square feet of new mall space across seven major cities over the next 4-5 years. In 2022, these seven cities added over 2.6 million sq ft of mall space, up 27 per cent from the preceding year. "The festive season, devoid of restrictions and any fear of the contagion, was exemplary with record high volumes and sales value," Anuj Kejriwal, CEO & Managing Director - ANAROCK Retail, said. Sales value estimated during the festive season in late 2022 was Rs 2.5 lakh crore, nearly 2.5 times compared to the previous year, he said. "Further, the retail market size is expected to touch USD 2 trillion by 2032, growing from USD 690 billion in 2021, facilitating the organised retail

Supreme Court to hear Amazon's appeal against NCLAT order on October 11

CCI had suspended the 2019 investment deal between Amazon and Future group firm (Future Coupons) and NCLAT had upheld CCI's decision

Organised food, grocery retailers' revenues to grow 20% YoY in FY23: Crisil

Also, despite heightened competition from quick commerce players, revenue of food and grocery retailers will be higher by 38% over FY20

Retail businesses grow 24% in May against pre-pandemic level: Report

The retail businesses across India witnessed a growth of 24% in May this year against the pre-pandemic level of the same month in 2019, according to industry body RAI

TMS Ep177: Foreign retailers, Indian start-ups, markets, fast fashion

Why is the Indian market a hard nut to crack for foreign retailers? Is there a twist ahead in start-up story? What's ahead for IT, banks, realty and metals? What is fast fashion? All answers here

Why is the Indian market a hard nut to crack for foreign retailers?

Metro AG decided to exit India after 19 years. Is Indian market a hard nut to crack for international retail giants? Or India's business model is tilted in favour of local firms? Let us understand

German retailer Metro looking to sell India operations for $1.75 bn: Report

The German retailer operates 31 cash-and-carry stores across India

Retail business registers 10% growth in February this year, says RAI

Retail businesses across regions have indicated growth in February 2022, with sales in West India growing 16 per cent against the same month last year: RAI

How are retailers shifting strategies to cope with the third Covid wave?

The country is in the grip of third wave of Covid-19. Retail businesses now know what to do and what not to. And those dealing in them are now adopting different strategies. This report finds out more

TMS Ep86: Retail strategies, future workplace, MF selection, FRBM Act

How are retailers strategising to cope with the pandemic? What does the future of 'work' look like? How to pick the right Mutual Fund for investment? What is the FRBM Act, 2003? All answers here

Kishore Biyani's remuneration fell 44% to Rs 2.17 crore last fiscal

The remuneration of Kishor Biyani, Chairman of debt-ridden Future Retail Ltd, declined nearly 44 per cent to Rs 2.17 crore in the last financial year.

India among most exciting markets, to grow to $1 trn by 2025: Walmart CEO

The Indian retail segment has its own uniqueness and the country is one of the most exciting markets globally that is poised to grow to over a trillion dollars by 2025, according to CEO Doug McMillon

SoftBank Group may invest $700 mn in Flipkart after exiting firm in 2018

Techy conglomerate investing in Flipkart at a time when Reliance Industries and Tata are betting big on e-commerce as well.

India retail: A nearly $900 billion market dominated by mom-and-pop stores

India's retail landscape is changing, with global and domestic consumer and retail behemoths fighting tooth and nail to woo shoppers, as many choose large, clean supermarkets over crowded local stores

Future of retail at stake: Why Amazon is feuding with Biyani and Ambani

Amazon is willing to 'sink the ship' but doesn't want Reliance to acquire Future's assets, says one analyst.

Coronavirus outbreak: Retail market could be set back by at least a quarter

Companies expect recovery by the second quarter of FY21

Retail market to reach $1.3-trn by 2025 helped by economic drivers: Study

The report noted that data and technology driven disruptions along with supply side innovations will shape the future of the retail landscape

The big sweet spot: Retail loan market to double in 5 years to Rs 96 trn

While concerns have been expressed of late that stress may be on the rise in the retail loan books, it is also true that lenders now have access to a plethora of data points for credit assessment

India's retail market likely to touch Rs 80 trillion in 2020, says report

As investments flow in and the goods and services tax in place, the share of organised retail is expected to increase to 20 per cent by 2020