Over the years, retailing in India has been one of the most dynamic and fast paced industries, which has travelled through different phases. Many domestic players like Raymond, Bombay Dyeing etc. In the backdrop of evolutionary times coupled with day to day disruptions, retail outlets like Shoppers Stop, Planet M , Crosswords, Pantaloons etc. Thus, from early 90s to about , shoots of organized retail started emerging in India. In the decade the industry saw many ups and downs and a few groups also exited retail who were not being able to grow and compete in the sector.
Deloitte sees share of organised retail at 22% by 2021
• India: organized retail market penetration rate by category | Statista
New Delhi: More shoppers shopping inside departmental stores and online will help push the share of modern trade and e-commerce in India's overall retail market, consulting firm Deloitte said in a report released on February This will be driven by increased internet penetration in the country and more international retailers operating in India, the report said. If the election year goes well and other macros are in place, retail trade will grow as projected, added Talreja. Talreja added that going forward tech-savvy consumers are going to push retailers and consumer goods makers to become smarter in ways they reach shoppers, prompting online shopping and omni-channel commerce to grow. However, over the last few years home-grown companies and foreign investors have been expanding their presence online and in big departmental stores. Then, in September private equity firm Samara along with Amazon bought departmental store chain More. Never miss a story!
Penetration rate of the organized retail market India 2018, by category
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