In the existing scenario, the nature of the Indian Retail Industry is highly fragmented and dominated by the traditional family-owned stores. Rapidly changing lifestyles are however making supermarkets and hypermarkets an emerging necessity.
Walt Disney - the international entertainment major after tie-up with Devyani International Ltd, the master-franchising group - launched its first outlet in India and it’s also planning to open 22 more outlets with in 5 years.
NZ retail sales increased in Q3 2006, as consumers spending increased on almost everything, from grocery food to appliances, as per the latest official data.
Generating above 10% of the Gross Domestic Production, Indian retail industry is the largest source of employment, after agriculture, in the country. Enormous opportunities exist in this sector.