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Article: INDIAN RETAIL SECTOR TO TOUCH USD 430 BILLION BY 2010.

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PTI - The Press Trust of India Ltd.
Article date:
May 1, 2007
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INDIAN RETAIL SECTOR TO TOUCH USD 430 BILLION BY 2010

By: KUMAR DIPANKAR

May 01 (PTI Economic Service): Driven by burgeoning middle class population, changing lifestyles and favourable demographic patterns, countrys retail sector is expected to attain a projected turnover of USD 430 billion by 2010 with organized retail set to become a USD90 billion industry.

Indian retailing industry, which has seen phenomenal growth in the last five years, is expected to grow 25 per cent annually.

According to 'Retail in India Getting Organised to Drive Growth', a report by AT Kearney and the Confederation of Indian Industry, retail is one of India's ...

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