Retail The Booming Sector
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The document discusses the retail sector in India. It notes that the retail market size was about $180 billion in 2003 and organized retail accounts for about 3-5% of total retail sales currently. However, organized retail is expected to grow to 10-15% by 2010. It provides an overview of the evolution of retailing in India from traditional neighborhood stores to modern retail chains. Some key trends impacting the Indian retail market discussed are rapid urbanization, changing demographics and family structures.
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