Images Retail - - RETAIL SPOTLIGHT -

The world re­tail mar­ket is worth ₹102,750 crore (US$ 17.13 bil­lion), grow­ing at 1213 per­cent. This is ex­pected to reach ₹144,323 core (US$ 24.05 bil­lion) by 2017. Mod­ern re­tail is es­ti­mated to be 19 per­cent of this to­tal mar­ket and is ex­pected to grow at 2427 per­cent. Re­tail ex­pan­sion grew at 16-21 per­cent in terms of num­ber of re­tail out­lets and re­tail space with same store rev­enue growth be­ing around 15 per­cent, ac­cord­ing to In­dia Re­tail Re­port.

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