The Evolution of the Retail Sector and India's Expanding Organised Retail

Abstract

India's "modern" retail industry is in its infancy. In the upcoming years, it is anticipated to grow at a promising rate and see the establishment of several national retail chains. International retail behemoths now have more opportunities to establish operations in India thanks to the government's easing of FDI regulations. Several factors are driving this expansion, including rising urbanisation, rising consumer spending power, rising consumer awareness, and the rural market's enormous growth potential.

keywords: Retail industry, infancy, grow, retail chains, International, opportunities, government, FDI.