In continuing our coverage on the Retail Chains in India, this is the last segment – Groceries, the largest segment of Retail. We will cover the Grocery chains in two parts.
Food and grocery is the largest segment and it occupies around 74 per cent (US $ 200 billion) of total retail market in India. The organized grocery retail constitutes 20 per cent (US $ 6 billion) of organized retail industry. It is growing at the rate of 11 per cent per annum. [2007-08]
There are more than 1500 organized grocery chains in 2008 run by big corporate housed or retailers and it will increase to 5000 by 2010. Grocery chain format in India include (more…)
