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Retail in India to become $1 trillion in value by 2020: PwC

Retail sector in India is expected to grow by 10 percent to become USD 1 trillion by 2020, PricewaterhouseCoopers (PwC) said.

Indian luxury watch buyers are highly price sensitive

Sharjeel Khan, Director, Zimson Times Pvt. Ltd believes that Indian luxury watch buyers are highly price sensitive.

Here are the excerpts of his interview with Anita Khatri of Zee Media.

E-commerce cos hail Modi for advocating tech push in retail

Prominent players in the-commerce space have welcomed BJP`s Prime Ministerial candidate Narendra Modi`s stance for pushing for the use of technology in retail.

Don`t run away from global challenges: Modi to traders

He also batted for complete overhaul of governance, saying the fashion of running the affairs of country from Delhi should stop and states must be trusted to govern.

Don't run away from global challenges: Modi to traders

Modi said the trading community should focus on capacity-building and quality to take on the global challenges.

Walmart case: Govt mulls defining lobbying activities

The probe was announced by the government in Parliament last December and the findings of the investigations, along with the ATR, may be tabled in the Parliament as well.

Walmart will be a speck in India's retail market: Chidambaram

The world's largest retailer Walmart will be a 'speck' in India's market and its absence won't make a huge difference in the country, Finance Minister P Chidambaram has said.

Modern retail to grow 6-times to $220-bn by 2020: Ficci

Despite the current slowdown, the retail industry is poised to touch USD 1.3 trillion in the next eight years, driven largely by modern trade, which will jump seven-fold by then to touch USD 220 billion.

Indian retail sector to touch USD521 bn by 2012

Apparel and FMCG segments will
be the driving forces for the Indian retail sector, which is
likely to grow annually by nine per cent to touch USD 521
billion by 2012, a senior retail industry official said.