Growth of Retail Industry - Infographic

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.

* Cumulative FDI inflows stood at US$ 572.8 billion between April 2000- December 2021.

* India’s retail trading sector attracted US$ 3.75 billion FDI from April 2000 to December 2021. 

Policy
Support

* About 51% FDI in multi-brand retail.

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

* In November 2021, Department for Promotion of Industry and Internal Trade announced that it is working on a regulatory compliance portal to minimise burdensome compliance processes between industries and the government.

Last updated: Apr, 2022

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