India Retail market



  •          Market size (total) 2006: US$ 300 bn/annum

  •          Market size (total) 2015: US$ 637 bn/annum

  •          Market size (modern retail) 2006: US$ 9-12 bn/annum

  •          Market size (modern retail) 2011: US$ 60 bn/annum

  •          Annual rate of growth (modern retail): 35%

  •          Number of retail outlets (total): 12 million

  •          New Investment by 2011: US$ 30 bn

  •          No. of persons employed (total): 21 m

  •          No. of new jobs in next two years: 2 m.

  •          No. of dollar designated millionaires in India(2006) 100,015

  •          Typical space per outlet: 100 to 500 sq.ft.

  •          Space occupied (modern retail): 35 m sq.ft.

  •          Operating Malls 2007: 114 (35 m sq.ft.)

  •          New Malls under construction: 361 (117 m sq.ft.)