New Delhi:  Retail sector in India is expected to grow by 10 per cent to become USD 1 trillion by 2020, PricewaterhouseCoopers (PwC) said.  In a report titled ‘The Future of India: The Winning Leap’ PwC said India’s retail industry (both organised and unorganised) could see a CAGR (compounded annual growth rate) of 10 per cent over 2012-2020, growing from USD 500 million to USD 1 trillion in that time frame.  However, report pointed out that 92 per cent of India’s total retail market remains unorganised, dominated by local shops owned by independent private individuals.

(For all the latest News, Mumbai, Entertainment, Cricket, Business and Featured News updates, visit Free Press Journal. Also, follow us on Twitter and Instagram and do like our Facebook page for continuous updates on the go)

Free Press Journal

www.freepressjournal.in