Indian organised retail sector, which attracting numerous players in this sector , with big names like Bharti, Reliance and Aditya Birla trying to establish foothold. Industry estimates predict that the overall size of the retail sector in India is expected to touch US$427 billion by 2010.
The Indian retail sector is exciting, dynamic and has excellent growth opportunities. Both sides of the supply and demand equation are witnessing increasing upward movement. On the demand side, consumers are asking for faster access to good quality products and services. From the supply side, you have seen some of India's largest corporate houses allocating billions of dollars towards mega-retail initiatives and plans.
In addition to domestic players are foraying into the Indian retail sector, lots of the world's best retailers are entering the domestic retail sector or have announced plans to enter the sector.