What is the current status of Indian retail sector?

The Indian retail market is largely unorganized. However, the organised Indian retail market has increased by ~50% between 2012-2020 to its current value of nearly 12% of total retail. The modern Indian retail industry is expected to grow at a 15% CAGR to reach 18% by 2025.

What is the current state of Indian economy?

With a GDP of $3.1 trillion, India is the world’s sixth-largest economy. The country has one of the highest GDP growth rates in the world. India’s GDP will likely grow by 8-8.5% in FY22, according to the 2021-22 Economic Survey.

How has Covid 19 affected the economy of India?

The impact of coronavirus pandemic on India has been largely disruptive in terms of economic activity as well as a loss of human lives. Almost all the sectors have been adversely affected as domestic demand and exports sharply plummeted with some notable exceptions where high growth was observed.

Is e-commerce a part of retail industry?

In the simplest terms, retail and e-commerce seem to be very similar: retail and e-commerce both refer to what happens when a product from a business is sold to an individual consumer for their own use, except one of them is done exclusively through the Internet.

What is the current economy of Pakistan?

$347.74 billion
Pakistan is a developing country with a semi-industrial economy….Economy of Pakistan.

Who is the father of retail?

Kishore Biyani
Kishore Biyani is an Indian businessman who is the Founder & CEO of Future Group, one of India’s biggest brick-and-mortar retailers. He is also the founder of retail businesses such as Pantaloon Retail and Big Bazaar….Kishore Biyani.

Who is India’s 2nd largest retailer?

India’s second-largest retailer is TASMAC. At a revenue of ₹31,157cr ($4.3B) and 7000+ outlets, it comes a distant second to Reliance Retail. And ahead of D-Mart which is at ₹24,930cr ($3.5B).

Which sector is affected by COVID-19 in India?

Sectors most affected include construction, manufacturing, and contact-intensive services (i.e., trade, transport, and hospitality).

Which is the biggest category in e-commerce in India?

Electronics and Apparel are the biggest categories in terms of sales. Overall e-commerce market had reached ₹1,07,800 crores (US$24 billion) by the year 2015 with both online travel and e-tailing contributing equally. Another big segment in e-commerce is mobile/DTH recharge with nearly 1 million transactions daily by operator websites.

Is India’s e-commerce at an inflection point?

The industry consensus is that growth is at an inflection point. In India, cash on delivery is the most preferred payment method, accumulating 75% of the e-retail activities. Demand for international consumer products (including long-tail items) is growing faster than in-country supply from authorised distributors and e-commerce offerings.

What is the future of e-commerce in India?

According to Google India Research in 2016, by 2021 India is expected to generate $100 billion online retail revenue out of which $35 billion will be through fashion e-commerce. The ecommerce industry was reported at $24 billion in 2017 and was recognised as the fastest growing industry in India.

How big is the fashion e-commerce market in India?

According to Google India Research in 2016, by 2021 India is expected to generate $100 billion online retail revenue out of which $35 billion will be through fashion e-commerce. The ecommerce industry was reported at $24 billion in 2017 and was recognised as the fastest growing industry in India. The ecommerce market grew to $38.5 billion in 2018.