Indian Retail Industry










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Indian Retail industry INDIAN RETAIL INDUSTRY AT A GLANCE IN 2020 - 2021 Indian Retail industry



Indian retail industry has emerged as one of the most growth-based industries recently thanks to globalization. The Indian Retail Industry accounts for over 10% of the country’s gross domestic product (GDP) and around eight% of the employment. India is the world’s fifth-largest global destination in the retail space.

2020-2021 Indian Retail Industry

Industry Size

In 2020, India's retail sector was estimated at US$ 883 billion, with grocery retail accounting for US$ 608 billion. The market is projected to reach about US$ 1.3 trillion by 2024.
Revenue of India’s offline retailers, also known as brick and mortar (B&M) retailers, is expected to increase by Rs. 10,000-12,000 crore (US$ 1.39-2.77 billion) in FY20.
The Indian retail industry achieved 93% of pre-COVID sales in February 2021.
After an unprecedented decline of 19% in the January-March 2020 quarter, the industry displayed signs of recovery in the July-September 2020 quarter with a y-o-y growth of 1.6%. With the easing of covid lockdown restrictions, the industry is poised for a major performance.

Industry Investments

The Indian retail trading has received Foreign Direct Investment (FDI) equity inflow totalling US$ 3.44 billion during April 2000-December 2020, according to Department for Promotion of Industry and Internal Trade (DPIIT). Cumulative FDI inflow in retail sector between stood at US$ 2.17 billion April 2000 and June 2020. India’s retail sector attracted US$ 6.2 billion from various private equity and venture capital funds in 2020.

Future Prospects

By 2024, India's e-commerce industry is expected to increase by 84% to US$ 111 billion, driven by mobile shopping, which is projected to grow at 21% annually over the next four years. Online penetration of retail is expected to reach 10.7% by 2024 versus 4.7% in 2019.

Indian Retail Industry  INDIAN retail INDUSTRY AT A Glance IN 2019 - 2020

Indian Retail Industry  INDIAN retail INDUSTRY AT A Glance IN 2018 - 2019

Indian Retail Industry  INDIAN retail INDUSTRY AT A Glance IN 2017 - 2018

Indian Retail Industry  INDIAN retail INDUSTRY AT A Glance IN 2016 - 2017

Indian Retail Industry  INDIAN retail INDUSTRY AT A Glance IN 2015 - 2016

Indian Retail Industry  INDIAN retail INDUSTRY AT A Glance IN 2014 - 2015

Indian Retail Industry  INDIAN retail INDUSTRY AT A Glance IN 2013 - 2014

Indian Retail Industry  INDIAN retail INDUSTRY AT A Glance IN 2012 - 2013

Indian Retail Industry  Retailers Association of India (RAI)

Indian Retail Industry  The Franchising Association of India

Indian Industry  back to retail INDUSTRies