Despite low consumer spending in recent times, mall developers remain bullish on the growth potential of organized retail. 100 new malls spanning over 49 mn sq. ft. are scheduled to…
The opportunity that the Indian retail sector holds in store for PE investors is more than evident – as are the geographies they must focus on for optimum returns. ANAROCK data reveals that around 39 mn sq. ft. of organized retail space is expected to enter the market between 2019-2022.
India’s tier-II / tier-III cities will also be key contributors to the country’s retail growth going forward. The organized retail market is growing at CAGR of 20-25%.