OIFC: Group | FDI in Retail Sector

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Group Details: FDI in Retail Sector

The Indian organized retail industry is one of the sunrise sectors with huge growth potential. Total retail market in India is estimated to be USD 573 billion by 2012-13. Organised retail industry accounts for only 5.5% of total retail industry today and is expected to reach 10% by 2012.

The key factors that drive growth in retail industry are young demographic profile, increasing consumer aspirations, growing middle class incomes and improving demand from rural markets.

The retail sector in India is seeking industry status, which can reduce the cost of capital and to allow FDI in retail that can increase investments and global competitiveness.

Started On:	Jul 08, 2010
Type:	Open to All
Category:	Project opportunities
Topics:	32 topic(s)
Group Members:	90 member(s)
Posts:	10 post(s)

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OIFC is a not for profit public private initiative between the Ministry of Overseas Indian Affairs (MOIA) and the Confederation of Indian Industry (CII) aiming at expanding the economic engagement of the Indian diaspora with India.

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