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Business

E-tail spending to grow 10 times with 64 percent annual rise

In its first report on India’s retail sectors, ‘Think India Think Retail’, Knight Frank and the Retailers Association of India estimate that retail spending across the top seven cities would more than double in the next five years. And it would be driven by e-commerce with e-tail spending touching Rs 839 billion by 2019. The report was prepared...

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Apparel

Knight Frank optimistic about FDI in single brand retail

Though foreign investment in single-brand retail has failed to gain momentum despite a hike in FDI limit to 100 per cent from 51 per cent earlier, property consultant Knight Frank says in a report, but there would be improvement in the FDI inflow over the next 6-12 months as conditions on ownership and sourcing has been eased. The share of...

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