India: Despite challenges, the retail market offers vast potential

Growing acceptance for an interesting combination of brick-and-mortar and ecommerce is paving way for major players in Indian apparel to chalk out ambitious growth plans. On the other hand, India is emerging as the second-most attractive market for global retailers to expand, after China, states the 2016 Global Retail Development Index by consulting firm AT Kearney. The report notes that despite the complex challenges, the potential is vast as the country presents a one trillion dollars retail market.