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Fact sheet on India's retail trade industry
Thursday November 24, 2011 09:36:51 PM,
IANS
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Fact sheet on India's retail trade
industry, in which the cabinet, headed by Prime Minister Manmohan
Singh, Thursday approved up to 51 percent foreign equity in
multi-brand stores and chains.
Size of retail trade industry: Around $400 billion
Projection by 2014: $900 billion
Percentage share of organised segment in retail: Just 6 percent
Share in gross domestic product: Around 15 percent
Share in total employment: 8 percent
Foreign equity permitted in cash-and-carry: 100 percent
Foreign equity permitted in single brand retailing: 100 percent
Foreign equity permitted in multi-brand retailing: 51 percent
Date foreign equity first permitted in single brand: Feb 10, 2006
Date foreign equity permitted in wholesale with government
approval: Jan 17, 1997.
Date foreign equity permitted in wholesale under automatic route:
Feb 10, 2006
Global position of India: Ranked fourth best investment
destination for retail by AT Kearney
Major Indian brands: Reliance Retail of Mukesh Ambani-led group,
More of Aditya Birla Group, Shoppers Stop of Rahejas, Big Bazaar
of Kishore Biyani's Future Group, Mana Gromor Centers of Murugappa
Group, Best Practice cash-and-carry of Bharti Walmart, Croma of
Tata Group.
Best-selling items at Indian retail chains: Food, groceries,
apparel, footwear and consumer electronics -- in that order.
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