International Research Journal of Education and Technology

Indian Retail business is hierarchal among the 10 largest retail markets within the world. The attitudinal shift of the Republic of Indian client and also the emergence of organized retail formats have reworked the face of selling in India. With the sign of reemergence of economic process in Republic of India, client shopping for in retail sector is being projected as a key chance space. As a consequence, Indian company homes ar focalization its strategic perspective in retail promoting with the thought to use resources optimally so as to form core competency and gain competitive advantage.

It accounts for over 10% of the country’s gross domestic product (GDP) and around eight% of the employment. India is the world’s fifth-largest global destination in the retail space.

India is the world’s fifth-largest global destination in the retail space and ranked 63 in World Bank’s Doing Business 2020.

The urban Indian consumer's purchasing power is increasing, and branded goods in categories like apparel, cosmetics, footwear, watches, beverages, food, and even jewellery are gradually evolving into business and leisure that are well-liked by the urban Indian consumer. The retail sector in India is expected to reach a whopping US$ 2 trillion in value by 2032, according to a recent analysis by the Boston Consulting Group (BCG).

Keywords- global destination, FDI in retail sector, economic process, domestic product,estimated