India replaces China as top retail destination in 2017: Study
The change in ranking was an outcome of four factors including increased consumer spending, beyond essentials, rising mobile and internet penetration, favourable foreign investment climate and bold action on cashless transaction and GST.
Sep 20, 2017, 18:00 PM IST'India's retail market has potential to touch $1,200 billion by 2020'
India's retail market has the potential to grow from USD 630 billion in 2015 to USD 1,100-1,200 billion in 2020 on the back of rising income levels and increased urbanisation, according to a Report.
Jan 14, 2016, 19:22 PM IST