India-retall industry overview
Retail has become one of the most dynamic and fast-paced industries with several players entering the market. But all of them have not yet tasted success because of the heavy initial investing that is required in order to compete with existing companies. However, the market is growing, government policies are becoming more favorable and emerging technologies are facilitating operations.
The retailing configuration in India is developing quickly, as shopping malls are increasingly becoming familiar in large cities. When it comes to development of retail space such as malls, the country's Tier ll cities are growing in importance. Furthermore, the governments of several are encouraging the use of land for commercial development