The retail industry in India was worth Rs. 55 trillion in 2017-18 according to Crisil Research. Organized retail is expected to continue growing over the medium term, driven by increasing penetration in consumer categories such as consumer durables, apparel, and footwear. Organized retail penetration is projected to rise in these categories as consumers shift spending to organized retailers for these products.
The retail industry in India was worth Rs. 55 trillion in 2017-18 according to Crisil Research. Organized retail is expected to continue growing over the medium term, driven by increasing penetration in consumer categories such as consumer durables, apparel, and footwear. Organized retail penetration is projected to rise in these categories as consumers shift spending to organized retailers for these products.
The retail industry in India was worth Rs. 55 trillion in 2017-18 according to Crisil Research. Organized retail is expected to continue growing over the medium term, driven by increasing penetration in consumer categories such as consumer durables, apparel, and footwear. Organized retail penetration is projected to rise in these categories as consumers shift spending to organized retailers for these products.