India’s Ranking in Most Attractive Destination for Retail Investment
According
to US-based global management consulting firm, A.T. Keamey, vide its
Report on 2012 Global Retail Development Index, India has been ranked
the fifth most attractive destination for retail investment among 30
developing countries. The Report further states that India remains a
high-potential market with accelerated retail market growth of 15 to 20
per cent expected over the next five years. It further mentions that
the growth is supported by strong macro economic conditions including a 6
to 7 percent rise in GDP, higher disposable incomes and rapid
urbanization.
This information was given by the Minister of State for Commerce and Industry, Shri Jyotiraditya M. Scindia in a written reply in the Rajya Sabha today.
This information was given by the Minister of State for Commerce and Industry, Shri Jyotiraditya M. Scindia in a written reply in the Rajya Sabha today.
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