Jindal, Tapan
July 2008
Financial Management;Jul/Aug2008, p20
Trade Publication
The article focuses on the business opportunities for global retailers in India. The country's share of organized retailing in the market was expected to rise by 6%, while, its retail space was predicted to increase to 300 million square feet by 2012. The expected growth was brought about by its huge middle class, increasing urbanization as well as the growth of its economy. However, there are also challenges for companies investing into the country, including the lack of retail space, high commercial property prices and trained employee shortage. It also highlights several factors that need to be considered when considering retail expansions into the country, such as the supply chain, hostility from independent retailers and its legislation for foreign retailers.


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