Retail Industry in India

India's retail sector is expected to touch US$ 1.5 trillion by 2030 from US$ 0.8 trillion in 2020.

Advantage India

Robust
Demand

* According to the Retailers Association of India (RAI), the retail industry achieved 96% of pre-COVID-19 sales in September 2021, driven by the rising demand from consumers.

* Increasing purchasing power has led to growing demand.

Innovation
In Financing

* Collective effort of financial houses and banks with retailers are enabling consumers to go for durable products with easy credit.

Increasing
Investments

* Foreign retailers entering the Indian market.

* India’s retail trading sector attracted US$ 4.11 billion FDIs between April 2000-June 2022.

Policy
Support

* About 51% FDI in multi-brand retail.

* 100% FDI in single-brand retail under the automatic route.

* In April 2022, the government approved PLI scheme for textiles products for enhancing India’s manufacturing capabilities and exports with an approved financial outlay of Rs. 10,683 crore (US$ 1.37 billion) over a five-year period.

Last updated: Dec, 2022

Posters

MORE
AMONGST THE LARGEST

AMONGST THE LARGEST

India's retail market is the fourth largest globally.

IBEF Campaigns

MORE
India Organic Biofach 2022

India Organic Biofach 2022

Ibef Organic Indian Pavilion BIOFACH2022 July 26th-29th, 2022 | Nurember...

10th India Trend Fair 2022

10th India Trend Fair 2022

The Tenth Edition of the India Trend Fair, Tokyo, Japan is being organised ...

Case Studies

MORE

India's Agritech Ecosystem

India's Agritech Ecosystem

Agriculture plays a crucial role in developing India's economy. According to Census 2011, almost 54.6% of the country's workforce is engaged i...

India’s Plastic Industry

India’s Plastic Industry

Due to the enormous potential of the Indian market, local businesses have been encouraged to develop their technical skills, meet high-quality require...

India's Electronics Manufacturing and Export Market

India's Electronics Manufacturing and Export Market

The Indian electronics industry is one of the most rapidly growing industries worldwide. Electronic products have continuously impacted and shaped our...

IBEF BLOG

MORE
Rising India’s Defence Exports: Make in India Effect
27 Jan 2023

Rising India’s Defence Exports: Make in India Effect

Introduction India has become the fifth largest economy, joining the &ldqu...

A Public Digital Infrastructure: India Stack
27 Jan 2023

A Public Digital Infrastructure: India Stack

Introduction India is rapidly emerging as the global hub for the fintech i...

Indian Railway Innovation Policy: A boost to start-ups
20 Jan 2023

Indian Railway Innovation Policy: A boost to start-ups

Introduction India has witnessed exponential growth and is expected to bec...

Partners
Loading...