PERSPECTIVE PLANNING FOR THE DEVELOPMENT OF RETAIL SECTOR IN INDIA
Abstract
Retail is sector in India is undergoing a denite transformation in terms of its structure and scale. The
sector has been on a path of steady growth since the last decade and half due to many factors such as
growing urbanisation, rapid economic growth and the resultant rise in purchasing power and consumerism. The above
developments are also reected in the AT Kearney Global Retail Development Index 2017, in which India is ranked No. 1,
replacing China, among top 30 developing countries where the markets are not only attractive today, but also offer future
potential. The burgeoning middle-class population, spread of information and communication technology, globalisation and
rising aspirations of consumers have all contributed to the transformational changes taking place in this sector.
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Ibid
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Ibid
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