Indian retail news and archive

Indian retail grows at 14 per cent

The retail industry in India is expected to grow at a rate of 12 to 14 per cent over the next four years. The growth will be on the back of more demand with higher incomes, job creations and improved standard of living. Other factors include higher discretionary spends and higher participation of producers/retailers in the organised retail...

Retail |COMMENTARY Featured

Demonetisation hits Indian textile and apparel sector hard

Mumbai - In an unprecedented move, India, the world's largest democracy, decided almost overnight to phase out its 500- and 1000-rupee-bills to counter terrorism and the black money economy. Thus, since Thursday, November 10, 2016, the old 500 and 1000 rupee notes are only valid at a few select places and citizens are requested to turn them in...