The Indian retail sector is at an all time peak with the current market estimated at around US $550 bn. This market is further set to expand as there has been a paradigm shift in the retail sector from unorganized shops to multi-brand retail chains over the past decade or so. According to A.T. Kearney, one of the world‘s leading consultancy firms, the Indian retail market is set to further grow at a CAGR of at least 17-18% over the years to come. At this juncture, a number of major retail chains are operating in India, the
most notable ones being by the Future Group (Pantaloon and Big Bazaar), Tata, Reliance and the AV Birla Group. The latest entrant into this segment is the Bharti-Walmart Group with its chain Easyday.
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