Advantage India
Robust
Demand
*India is one of the most promising and developing marketplaces in the world. There is a great deal of desire among multinational corporations to take advantage of the consumer base in India and to enter the market first.
*Increasing purchasing power has led to growing demand.
*Nearly 60 shopping malls encompassing a total retail space of 23.25 million sq. ft are expected to become operational during 2023-25.
Innovation
In Financing
*Collective effort of financial houses and banks with retailers are enabling consumers to go for durable products with easy credit.
*Many global investors are investing in the retail sector either by buying a stake in existing assets or through greenfield development platforms.
*E-commerce and consumer internet companies raised US$ 15.4 billion in PE/VC funding in 2022, almost twice the amount raised in 2020 of ~US$ 8.2 billion.
Increasing
Investments
*Due to India’s wealth of resources, availability of labour at relatively low costs, and special investment wages such tax breaks, etc., foreign corporations prefer to invest here.
*India’s retail trading sector attracted US$ 4.48 billion FDIs between April 2000- June 2023.
*The retail sector in India accounts for over 10% of the country’s GDP and around 8% of the workforce (35+ million). It is expected to create 25 million new jobs by 2030.
Policy
Support
*To improve the business climate and make it simpler for foreign companies to register fully owned subsidiaries in India, the Indian government has implemented a number of rules, regulations, and policies.
*100% FDI allowed in single-brand retail under the automatic route.
*Liberalisation of FDI is expected to give a boost to Ease of Doing Business and Make in India.
Related News
MORERetail India
Industry Contacts
IBEF Campaigns
MORE
India Organic Biofach 2022
Ibef Organic Indian Pavilion BIOFACH2022 July 26th-29th, 2022 | Nuremberg, ...
Case Studies
MOREElectric Vehicles Driving Sustainable Mobility In India
Sustainable mobility (electric mobility) contributes to a significant role in the economic development of a nation and supports the improvement of the...
The emergence of India as a Global startup hub
In recent years, India has rapidly emerged as a global powerhouse in the startup ecosystem. With a vibrant entrepreneurial spirit, a massive pool of s...
Impact of 5G Technology on Indian Industries
A surge of disruptive opportunities has been sparked throughout the world as a result of the quick and broad adoption of 5G technology. India, one of ...
IBEF BLOG
MORE
The transformation of the Transportation and Logistics Industry
Logistics Industry is crucial to both enterprises and the economy. In ...
Lithium-ion battery (LIB) manufacturing industry in India
Energy storage technologies are predicted to play a major part in the decar...
Digital Advertising in India
With its developing economy, India provides advertisers with several opport...
Partners
