Volume : VIII, Issue : IX, September - 2019
Perspective Planning for the Development of Retail Sector in India
Hem Chandra Jha
Abstract :
Retail is sector in India is undergoing a definite transformation in terms of its structure and scale. The sector has been on a path of steady growth since the last decade and half due to many factors such as growing urbanisation, rapid economic growth and the resultant rise in purchasing power and consumerism. The above developments are also reflected in the AT Kearney Global Retail Development Index 2017, in which India is ranked No. 1, replacing China, among top 30 developing countries where the markets are not only attractive today, but also offer future potential. The burgeoning middle-class population, spread of information and communication technology, globalisation and rising aspirations of consumers have all contributed to the transformational changes taking place in this sector.
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DOI : https://www.doi.org/10.36106/gjra
Cite This Article:
PERSPECTIVE PLANNING FOR THE DEVELOPMENT OF RETAIL SECTOR IN INDIA, Hem Chandra Jha GLOBAL JOURNAL FOR RESEARCH ANALYSIS : Volume-8 | Issue-9 | September-2019
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PERSPECTIVE PLANNING FOR THE DEVELOPMENT OF RETAIL SECTOR IN INDIA, Hem Chandra Jha GLOBAL JOURNAL FOR RESEARCH ANALYSIS : Volume-8 | Issue-9 | September-2019