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What is Future of Supermarkets in India about?
The supermarket sector in India is growing rapidly as large domestic and foreign retailers establish chains across the country. While organized retail currently makes up only 8% of the total retail market, a study projects it will reach 15% by 2011. Retail giants like Tesco, Carrefour, and Wal-Mart are looking to enter the Indian market as the government continues reforms. However, high land costs, limited infrastructure, and a lack of retail management professionals pose challenges to foreign retailers in
- Author
- Sandeep Singh
- Language
- EN