Report: Retail in India set to double by 2020

11/19/2012 | Gulf News (United Arab Emirates)

Allowing foreign investment will drive an estimated 25% annual growth rate in India's organized retail industry, more than doubling the industry to $1.3 trillion by 2020, according to the Federation of Indian Chambers of Commerce and Industry. FDI would also fuel an increase in higher-paying retail jobs and much-needed back-end infrastructure, the group said.

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Gulf News (United Arab Emirates)

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