The document summarizes the Indian retail industry, including its size, growth drivers, key investments, government initiatives, and future outlook. It notes that the Indian retail market is expected to reach $738 billion by 2016-17, driven by factors like rising incomes, urbanization, and expanding e-commerce. Several major companies have recently invested in the Indian retail space, and the government is taking steps to improve the industry through policy reforms. Going forward, organized retail and online retail are expected to be major trends in India.