Forupdatedinformation,pleasevisitwww.ibef.orgDecember2018RETAILTableofContentAdvantageIndia…………………..….……..5MarketOverviewandTrends………...…….7Strategiesadopted……………....…………15GrowthDrivers……………………......…....18KeyIndustryOrganisations……….……....29UsefulInformation……….……….......…....31ExecutiveSummary…………………..……..3Opportunities.....…………………………...26Forupdatedinformation,pleasevisitwww.ibef.orgRetail3EXECUTIVESUMMARYRetailmarketinIndia(US$billion)6721,20005001,0001,50020172021FModernretailmarketinIndia(US$billion)13.5126.67010203020162019FConsumerexpenditureinIndia(US$billion)Notes:CAGR-CompoundAnnualGrowthRate,F-Forecast,E-EstimatedSource:ErnstandYoung,PriceWaterhouseCooper,EconomicTimes,MRRSIndia.comandAssocham-TheAssociatedChambersofCommerceandIndustryofIndia,ConsumerLeadsreportbyFICCIandDeloitte-October20181,8243,60001,0002,0003,0004,00020172020FRisingincomeanddemandforqualityproductstoboostconsumerexpenditure.TotalconsumptionexpenditureisexpectedtoreachnearlyUS$3,600billionby2020fromUS$1,824billionin2017.Indianretailoneofthefastestgrowingmarketsintheworldduetoeconomicgrowth.Indiaistheworld’sfifthlargestglobaldestinationintheretailspace.RetailmarketinIndiaisprojectedtogrowfromanestimatedUS$672billionin2017toUS$1,200billionin2021F.India’smodernretailtodoubleinsizeoverthenextthreeyears.ThemodernretailmarketinIndiaisexpectedtogrowfromUS$13.51billionin2016toUS$26.67billionin2019.Forupdatedinformation,pleasevisitwww.ibef.orgRetail4EXECUTIVESUMMARYRevenuefromonlineretailinIndia(US$billion)FMCGmarketinIndia(US$billion)Source:indiaretailing.com,eMarketerNotes:CAGR-CompoundAnnualGrowthRate,F–forecast,,Alltheyearsdenotecalendaryear,^-FY18Robustconsumption,ruralmarketstoaugmentFMCGmarket.FMCGmarketexpectedtoincreasetoUS$103.7billionby2020fromRs3.4lakhcrore(US$52.75billion)inFY2018.Increasingparticipationfromforeignandprivateplayerstoboostretailinfrastructure.India'sonlineretailsectorgrows23p...