With rise in disposable income and increasingly brand conscious consumers who define shopping as an ‘experience’, there is a visible tectonic shift in the retail format from the mom&pop kirana stores to modern technology-driven spaces. This modern retail format is seeing 22% CAGR, and led by e-tailing, will increase its share from the current 19% to 25%, catapulting into a Rs 7,650 crore industry by 2019.
Posted by Karvy Developer
Friday, April 17, 2015 2:26:00 PM