India has over 12 million retail outlets, with the unorganized market worth Rs. 5,83,000 crore and the organized market worth Rs. 5,000 crore. Organized retail in India faces challenges like competition, opposition to foreign direct investment, shortage of retail space, complex taxation, and lack of supply chain and trained workforce. However, opportunities exist due to India's growing economy, huge population, urbanization, and rising incomes. Organized retail provides advantages to consumers through variety, discounts and convenience and benefits the Indian economy through links to agriculture, manufacturing and exports.