The retail rush
According to a recent McKinsey study on modem retail, 'The Great Indian Bazaar: Organized Retail Comes of Age in India', the size of retail market in India will zoom 10 times in seven years and the share of organized retail will rise by 10 percentage points from the current 4-5 per cent.
According to a recent McKinsey study on modem retail, 'The Great Indian Bazaar: Organized Retail Comes of Age in India', the size of retail market in India will zoom 10 times in seven years and the share of organized retail will rise by 10 percentage points from the current 4-5 per cent. But to take full advantage of this unfolding opportunity companies will have to cross three distinct barriers.
—Excerpts from the report: Saumya Bhattacharya
—Excerpts from the report: Saumya Bhattacharya
