{"id":85756,"date":"2019-02-27T12:02:08","date_gmt":"2019-02-27T06:32:08","guid":{"rendered":"http:\/\/factly.forumias.com\/?p=1804"},"modified":"2019-02-27T12:02:08","modified_gmt":"2019-02-27T06:32:08","slug":"organised-retail-in-india-may-double-by-2021","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/organised-retail-in-india-may-double-by-2021\/","title":{"rendered":"\u2018Organized retail in India may double by 2021\u2019"},"content":{"rendered":"\n<ol class=\"wp-block-list\"><li>According to recent report titled \u2018Unravelling\nthe Indian Consumer&#8217; by Deloitte and the Retailers Association of India (RAI), the\nshare of organised retail market in India would increase from about 12% in 2017\nto about 22-25% by 2021. Organised Retail refers to the set-up of any\nretail chain supported by a well-defined supply Chain. These\nare trading activities undertaken by licensed retailers. These include the corporate-backed\nhypermarkets and retail chains, and also the privately owned large retail\nbusinesses.<\/li><li>The\ngrowth will also be driven by the growth of e-commerce market from $24\nbillion in 2017 to $84 billion in 2021. E-commerce refers to the buying and\nselling of goods or services&nbsp;electronically on the internet.<\/li><li>The factors that will drive growth in retail\nmarket in India are a) fast growing economy, b) robust demographics, c)\nincreased internet penetration, d) increased use of smartphones.<\/li><li>The retail market in India is the third largest\nin Asia. It is fourth largest in the world after U.S., China and Japan.<\/li><\/ol>\n","protected":false},"excerpt":{"rendered":"<p>According to recent report titled \u2018Unravelling the Indian Consumer&#8217; by Deloitte and the Retailers Association of India (RAI), the share of organised retail market in India would increase from about 12% in 2017 to about 22-25% by 2021. Organised Retail refers to the set-up of any retail chain supported by a well-defined supply Chain. These&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/organised-retail-in-india-may-double-by-2021\/\">Continue reading <span class=\"screen-reader-text\">\u2018Organized retail in India may double by 2021\u2019<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3127],"tags":[3176],"class_list":["post-85756","post","type-post","status-publish","format-standard","hentry","category-economy","tag-organised-retail","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":1700775933,"cached_date":1704637594},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/85756","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=85756"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/85756\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=85756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=85756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=85756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}