1、For updated information, please visit www.ibef.org August 2020 RETAIL Table of Contents Advantage India. 5 Market Overview and Trends.7 Strategies adopted.15 Growth Drivers.18 Key Industry Organisations.29 Useful Information.31 Executive Summary.3 Opportunities.26 For updated information, please vis
2、it www.ibef.orgRetail 3 EXECUTIVE SUMMARY Retail market in India (US$ billion) 672 950 1,200 0 200 400 600 800 1,000 1,200 1,400 201720182021F Consumer expenditure in India (US$ billion) Notes: CAGR - Compound Annual Growth Rate, F- Forecast, E Estimated Source: Ernst and Young, Price Waterhouse Coo
3、per, Economic Times, MRRSI and Assocham - The Associated Chambers of Commerce and Industry of India 1,824 3,600 0 500 1,000 1,500 2,000 2,500 3,000 3,500 4,000 20172020F Indian retail one of the fastest growing markets in the world due to economic growth. Retail market in India is projected to grow
4、from an estimated US$ 672 billion in 2017 to US$ 1,200 billion in 2021F. Retail industry reached to US$ 950 billion in 2018 and is expected to reach US$ 1.1 trillion by 2020. Total consumption expenditure is expected to reach nearly US$ 3,600 billion by 2020 from US$ 1,824 billion in 2017. India is
5、the worlds fifth largest global destination in the retail space and ranked 63 in World Banks Doing Business 2019. According to a report from Cushman certified product quality Focus on particular product categories and carry most of the brands available Customers spoilt for choice with so many brands
6、 on display Display most of convergence as well as consumer/electronic products, including communication and IT group One-stop shop for customers; many product lines of different brands on display Online shopping facility for buying and selling products and services; widely used for electronics, hea