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The Indian retail industry has emerged as one of the most dynamic and fast-paced industries due to the entry of several new players. It accounts for over 10 per cent of the country’s Gross Domestic Product (GDP) and around 8 per cent of the employment. India is the world’s fifth-largest global destination in the retail space.
The Indian retail industry has emerged as one of the most dynamic and fast-paced industries due to the entry of several new players. It accounts for over 10 per cent of the country’s Gross Domestic Product (GDP) and around 8 per cent of the employment. India is the world’s fifth-largest global destination in the retail space.
Indian Retail Industry has immense potential as India has the second largest population with affluent middle class, rapid urbanisation and solid growth of internet.
Market Size
India’s retail market is expected to grow at a Compound Annual Growth Rate (CAGR) of 10 per cent to US$ 1.6 trillion by 2026 from US$ 641 billion in 2016. While the overall retail market is expected to grow at 12 per cent per annum, modern trade would expand twice as fast at 20 per cent per annum and traditional trade at 10 per cent#. Indian retail market is divided into “Organised Retail Market” which is valued at $60 billion which is only 9 per cent of the total sector and “Unorganised Retail Market constitutes the rest 91 per cent of the sector.
India’s Business to Business (B2B) e-commerce market is expected to reach US$ 700 billion by 2020.## Online retail is expected to be at par with the physical stores in the next five years.
India’s direct selling industry is expected to reach a size of Rs 23,654 crore (US$ 3.54 billion) by FY2019-20, as per a joint report by India Direct Selling Association (IDSA) and PHD.
Indian exports of locally made retail and lifestyle products grew at a CAGR of 10 per cent from 2013 to 2016.
The size of modern retail in India is expected to double to Rs 171,800 crore (US$ 25.7 billion) from Rs 87,100 crore (US$ 13 billion) in three years driven by omni-channel retail.
Team Leader
Leena Jaisani
Deputy Secretary GeneralTimeline
2023
2021
2020
2019
2018
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2016
2015
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2013
2012
2011
2010
2009
2008
Mar
Press Release
Govt working to introduce reasonably strict, but practical quality standards for manufacturing sector: Piyush Goyal
Sep
Press Release
FMCG sector ushering in rapid structural reforms to make India USD 5 trillion economies: Ashwini Kumar Choubey, MoS, Ministry for Consumer Affairs, Food & Public Distribution
Press Release
Thin line between drugs and cosmetics; well-informed policy and rules need of the hour: Shraddha Srivastava, Assistant Drugs Controller (I), CDSCO
Press Release
Public-private partnerships for digital MSMEs: Navneet Sehgal, Addl Chief Secretary, Information, MSME
Press Release
Augmented transparency; enhanced efficiency; facilitating ease of business and building economies of scale will enable MSMEs carve out a niche for themselves: BB Swain, MSME Secretary
Oct
Press Release
Concept of Atmanirbhar Bharat is not anathema to competition, it coexists with competition: Chief Economic Adviser, GoI
Press Release
Govt in final stages of drafting new National Retail Trade Policy: MoS for Commerce & Industry, GoI
Press Release
Unconventional, agile, and tech-driven strategies to help REBOOT the consumer industry: FICCI-Deloitte report on FMCG and Retail (e-commerce)
Apr
Event
FICCI and Grant Thornton Webinar: Impact of COVID-19 on Consumer and Retail sectors
Jan
Press Release
Quick notification of e-pharmacy rules needed: FICCI
Oct
Press Release
Industry should take lead in making investments to put growth back on 7% plus path: Chief Economic Advisor
Dec
Press Release
Indian Foodservice industry to reach Rs 5,52,000 crore by 2022 with a 10% growth
Event
Foodzania 2018 - Food Service Retail Conference
Press Release
Set-up a robust consumer grievance redressal mechanism in Direct Selling Sector - Anil Bahuguna, Jt. Secy., Department of Consumer Affairs, Govt. of India
Study
DIRECT 2018: Implementation of Direct Selling Guidelines in States & Viewing the Direct Selling Industry with a Futuristic Lens
Event
Direct 2018
Oct
Press Release
Win consumers' trust, uphold their rights through legible product labelling in Hindi and regional languages: Ram Vilas Paswan
Nov
Press Release
Indian Food Services market to grow at a CAGR of 10% to reach INR 5,52,000 crore in 5 years: FICCI-Technopak Report
Study
Indian Food Services Industry: Engine for Economic Growth & Employment - A Roadmap for Unlocking Growth
Sep
Press Release
Food Processing Minister urges MNCs to test Indian waters at World Food India 'Food Street'
Nov
Sep
Press Release
We are confident these guidelines will certainly help in bringing in regulatory clarity for the sector - A. Didar Singh, Secretary General, FICCI
Jul
Jun
Press Release
FICCI comments on the cabinet approval on the Model Shop & Establishment Act
Press Release
Delhi's direct selling market estimated to reach INR 15-20 billion by 2025: FICCI-KPMG Report
Event
Launch of FICCI-KPMG Report: 'Direct Selling: Delhi - A Global Industry, Empowering Millions'
Mar
Event
MoU Signing Ceremony between FICCI and Ministry of Consumer Affairs on SixPoint Partnership Agenda
Event
FICCI-KPMG Report Launch : Direct Selling; Kerala - Global Industry Empowering Millions in India
Feb
Press Release
FICCI comments on Cabinet's decision on initiating measures to promote digital payments
Nov
Press Release
Andhra CM Naidu releases FICCI-KPMG Report on Direct Selling in Andhra Pradesh and Telangana in New Delhi
Sep
Aug
Jun
Press Release
Drugs Controller General of India to formulate guidelines for e-commerce marketplace to ensure safety of consumers
Event
FICCI consultative meeting on 'Pharma Guidelines for Reinforcing Due Diligence for Intermediaries (E-commerce Marketplace)'
May
Event
Seminar on 'Unlocking the Potential for Growth in Food & Beverage Service Industry'
Feb
Aug
Jul
Press Release
Need for clear distinction between fly-by-night operators & genuine business
Press Release
FICCI Retail Committee Delegation suggests measures to contain price rise of perishables to Ministry of Consumer Affairs, Food & Public Distribution
May
Press Release
FICCI Condemns the Sudden Arrest of Amway India MD
Survey
Survey on How Retailers and FMCG players can collaborate to create Win-Win Model
Mar
Jan
Press Release
FICCI Disappointed with Delhi Decision on FDI in Retail
Aug
Study
TCS-FICCI - Massmerize 2013, Adapting to the Multi-channel Customer, A Roadmap for Integrated Multi-channel Retailing
Jun
Press Release
FICCI Retail Committee Submission on Multi Brand Retail Policy and on recent clarifications to the Hon'ble Minister during the Roundtable of MB retailers
Event
FICCI Retail Committee Delegation to Mr. Anand Sharma, Hon'ble Commerce Minister on FDI in Multi-Brand Retail
May
Press Release
FICCI Condemns the Arrest of CEO, Amway India
Apr
Mar
Feb
Nov
Policy
FICCI Representation on Essential Commodities Act to Shri Anil Vasantrao Deshmukh, Hon'ble Minister of Food, Civil Supplies & Consumer Protection, Government of Maharashtra
Sep
Press Release
Reaction from President, FICCI on FDI in Multi-Brand Retail
Aug
Jun
Event
Industry Connsultation on Trustmark for E-retailers
Dec
Event
Workshop on Improving Safety & Quality in Food Retail Chain
Event
Massmeize 2010-FICCI FMCG conference
Nov
Oct
Event
Interactive Meeting with Mr Subodh Kant Sahai, Hon'ble Union Minister for Food Processing Industries and Mr.Mike Duke, President & CEO, Walmart Stores Inc
Jul
Oct
Jul
Jun
Apr
Jan
Nov
