FORTUNE INSTITUTE OF INTERNATIONAL BUSINESS
WHAT CONSUMERS THINK ABOUT THE UPCOMING MALLS IN INIDA.
Retail Realities:
Unorganized market: Rs. 583,000 crores
Organized market: Rs.5,000 crores
5X growth in organised retailing between 2000-2005
Over 4,000 new modern retail outlets in the last 3 years
Over 5,000,000 sq. ft. of mall space under development
The top 3 modern retailers control over 750,000 sq. ft. of retail space
Over 400,000 shoppers walk through their doors every week
Growth in organized retail on par with expectations and projections of the last 5
years: on course to touch Rs. 35,000 crores (US$ 7 Billion) or more by 2005-06
Questions | |
consumer behaviour | 22 |
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