This document provides an overview of the retail industry in India. It discusses how the retail industry is the largest in India and is expected to reach $1.3 trillion by 2020. It also examines retail growth estimates showing that total retail business will grow at 13% annually to $1 trillion by 2016-2017. Major players in the Indian retail industry are identified as Pantaloon Retail, Raheja Group, and Reliance Retail. The document also compares GDP growth to retail growth and outlines the road ahead for further growth of the luxury goods sector and need for innovative marketing and cost optimization.