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Retailing in India is one of the pillars of its economy and accounts for about 10 percent of its GDP. [1][2] The Indian retail market is estimated to be worth $1.3 trillion as of 2022. [3][4] India is one of the fastest growing retail markets in the world, with 1.4 billion people. [5][6] As of 2003, India's retailing industry was essentially ...
As per Goldman Sachs, India's e-commerce industry will reach $99 billion in size while online retail is expected to more than double to around 11% by 2024 from 4.7% in 2019 while increasing at 27% compound annual growth rate (CAGR). The online grocery segment that is below $2 billion will reach $29 billion in size by 2024.
Financials as of March 31, 2024. [update] [4] Reliance Retail is an Indian retail company and a subsidiary of Reliance Industries. Founded in 2006, it is the largest retailer in India in terms of revenue. [5] Its retail outlets offer foods, groceries, apparel, footwear, toys, home improvement products, electronic goods, and farm implements and ...
Companies are ordered by net income from retail operations in millions of US Dollars in FY 2020. [1] Carrefour S.A. was excluded from 2020's report at the company’s request. The list does not include Wakefern Food Corporation with revenue of US$16.3 billion in 2017. [2]
The e-commerce retail market in India was valued at $32.7 billion in 2018, and is expected to reach $71.9 billion by 2022. [313] India's retail industry mostly consists of local mom-and-pop stores, owner-staffed shops and street vendors.
A supermarket aisle. The fast-moving consumer goods (FMCG) industry or consumer packaged goods (CPG) industry is mainly responsible for producing, distributing and marketing fast-moving consumer goods. The FMCG industry is the fourth largest sector in the Indian economy. [1] Household and personal care products accounts for 50% of the sales in ...
DMart. [1] Avenue Supermarts Limited, d/b/a DMart, is an Indian retail corporation that operates a chain of supermarkets and hypermarkets. The company was founded by Radhakishan Damani and is based in Mumbai. As of March 2024, DMart has 365 stores across 12 states and union territories in India. [1][2] In 2024, the company had a total of 13,971 ...
Reliance Industries. Reliance Industries Limited is an Indian multinational conglomerate headquartered in Mumbai, India. Its businesses include energy, petrochemicals, natural gas, retail, entertainment, telecommunications, mass media, and textiles. Reliance is the largest public company in India by market capitalisation [5] and revenue, [6 ...