Retail

India's retail market is expected to be a multi- billion dollar industry, with 10 per cent of sales through organised retail, meaning that the opportunity in India remains immense, reflecting a fast-growing middle class, demanding higher quality shopping environments and stronger brands, the report added.

The retail sector is booming and that raises the demand of retail management professionals like in various types of stores that deals in client communication, merchandise shipments or sale and administration worldwide. In India it is predicted that apparel, along with food and grocery, will lead organised retailing in India.

Tier 2 & 3 cities/town are fast emerging as promising and vital retail markets because of population growth, income growth, infrastructure development and rise as economic hubs. Though people in such towns have the money to spend, they don’t have good opportunities. Hence, most players have realized this growing need and are looking to set up their base in such towns and cities. The growing middle and lower middle class spends a substantial amount of their income on educating their young and they cannot afford expensive private education or migration to cities for the same. The quality at affordable fees is felt keenest by this population.