The Indian retail sector has traditionally been dominated by small, unorganized stores but has seen significant growth in organized retail chains in recent decades. While organized retail makes up only 3% of the total market currently, it is growing rapidly at 25-30% annually and is expected to triple in size to $24 billion by 2010. Major retailers are expanding rapidly across India, but the retail market remains fragmented compared to other countries and further consolidation is expected.

1. The Indian Retail Sector

6. Retailing formats in India India’s number of Domestic grocery chains and Early Foreign Entrants