Comment on the retail sector of today in India.

Comment on the retail sector of today in India.

There has been a significant growth in the retail sector since the past few years.This has been mainly due to factors like improvement in the standard of living of the people in India, increasing availability of international brands in the Indian market, easy access to credit facilities by banks, betterment of the infrastructure at large and increasing investment in technology as well as real estate. Today, the Indian Retail Market is the fifth largest in the world and is estimated to grow from US$330billion in 2007 to US$637 billion by the year2015, as per industry estimates.