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Retail sector News

22 Jan 2022

Budget Growth Booster: What are the expectations of the Retail sector from union budget 2022

Retail has many expectations from the budget sector. Watch the video to know experts' opinion on reforms in the retail sector.

28 Aug 2019

Government approves 100% FDI in contract manufacturing

Talking to media after the meeting of the Union Cabinet, Commerce Minister Piyush Goyal said the changes in FDI policy will result in making India a more attractive FDI destination.

21 Jun 2019

Retail, FMCG to add 2.76 lakh new jobs in April-September FY20

According to TeamLease Services biannual 'Employment Outlook' report for the April-September 2019-20, the retail sector will witness a 2 per cent increase in net employment outlook, resulting in the addition of 1.66 lakh new jobs while (FMCG/D) will see a 1 per cent growth adding 1.10 lakh new jobs.

29 Jan 2018

Budget 2018: Here is what retail sector is expecting from FM Arun Jaitley

In the run up to the budget, retailers have asked the government to simplify GST system and grant industry status to the sector for easier access to finance and attract more investments.

01 Dec 2017

Retail Sector can create linkages between various sectors and contribute to GDP: Prabhu

Commerce Minister Suresh Prabhu said that there was immense opportunity in the Retail Sector to create downstream and upstream opportunities.

India Ratings and Research

15 Jun 2015

IndRa goes with 'negative-to-stable' outlook for retail sector

Ind-Ra expects the median revenue growth in the sector to taper down to a 'mid-single digit' for 2015-16 on lower volume growth and tepid same store sales growth.

21 Dec 2014

Retail grows to $560-bn in 2014; FDI hopes hang in balance

While the previous UPA government had allowed up to 51 per cent FDI in multi-brand retail, no foreign retailer apart from Tesco had approached the government for permission to set up stores to sell multiple brands under one roof.

19 Dec 2014

Retail in India to become $1 trillion in value by 2020: PwC

Retail sector in India is expected to grow by 10 percent to become USD 1 trillion by 2020, PricewaterhouseCoopers (PwC) said.

21 Sep 2014

Retail sector to grow at 16% rate over next 3 yrs: Report

India's retail sector is expected to grow at a slower rate of around 16 percent over the next three years as against 18 percent previously, according to India Retail Report.

24 Jun 2014

Modern trade to jump five fold to $200 bn by 2021: BCG

The organised retail sector will grow five fold in the next five-seven years and touch the USD 200 billion mark, showed a Boston Consultancy Group report.

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