Resurgent Retail - Powered by Rising Domestic Consumption
Cushman & Wakefield
Primary reasons for India’s attractiveness to global retailers in the last 5-6 years:
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Digitization of payment systems and nationwide roll-out of GST enables ease of doing business for many retailers while enhancing the customer experience at the store.
Rising incomes and changing lifestyles are equally matched by improving physical infrastructure and real estate that helps augment retailing experiences.
Relaxed FDI policy around single brand (100% liberalized) and multi-brand retailing (51% allowed).
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