Internationally India‘s retail sector ranks fifth, growth wise. It is one of the most attractive sectors for investment and in fact is one of the reasons for India to recover from recession so quickly. At a time when the entire world was bit by the recession bug India still put up a decent performance by maintaining a GDP of 7-8 % and the Indian retail industry too has proven to have a powerful grip on the Indian economy. If one analyses the performance of the retail sector for this year, i.e. 2009, one can say that the efforts have been commendable and the results quite visible.
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Saturday, February 13, 2010
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