Facts and Figures of Indian Retail

MARKET : -

• Market size (total) 2006: US$ 300 bn/annum
• Market size (total) 2010: US$ 427 bn/annum
• Market size (total) 2015: US$ 637 bn/annum
• Market size (modern retail) 2006: US$ 9-12 bn/annum
• Market size (modern retail) 2011: US$ 60 bn/annum
• Annual rate of growth (modern retail): 35%
• Penetration (modern retail) 2006: 3 to 4%
• Penetration (modern retail) 2010: 10%
• Number of retail outlets (total): 12 million

INVESTMENT :-

• New Investment by 2011: US$ 30 bn

EMPLOYMENT:-

• No. of persons employed (total): 21 mn
• No. of new jobs in next two years: 2 mn.
• No. of dollar designated millionares in India(2006) 100,015

RETAIL SPACE :-

• Typical space per outlet: 100 to 500 sq.ft.
• Space occupied (modern retail): 35 mn sq.ft.
• Operating Malls 2007: 114 (35 mn sq.ft.)
• New Malls under construction: 361 (117 mn sq.ft.)
• New space distribution: 65% (top 7 cities), 35% (tier II & III cities)
• New space distribution (among top 7 cities): NCR 34%, Mumbai 23%, Rest 43%

Source: IndiaRetailbiz (http://www.indiaretailbiz.com/blog/)