Almost all talk over the past few years has centered on the explosive growth of E-Commerce. Yet, while online retail has hogged all the attention, India’s retail industry has grown exponentially along with the country’s rise in middle-class spending.
Retail is one of the biggest contributors to India’s gross domestic product (GDP). It is a sector that has been driven by a rise in middle-class spending.
The transformations in the retail sector in India will very well be a reflection of the country’s overall growth.