India has emerged among the most desirable retail locations in the globe as the retail industry witnesses unprecedented development. While contemporary trade is increasing at 15 to 20% per year, it has a small organized retail penetration of just 8%.
The economic growth of India and its demographic profile create the nation a convincing case for worldwide distributors planning an international foray. Strong economic growth is ascribed to elevated disposable incomes, increased impact of the middle class, increased individual wealth, and the big youthful population of the country. The untapped rural sector and the towns of Tier II and Tier III, less developed, offer ample development possibilities. In multinational companies, the liberalization of FDI in single-brand retail and the anticipated opening-up of FDI in multi-brand retail have created considerable interest.
In these thrilling moments, HSAG can be the ideal solution supplier to help you as you face worldwide difficulties.
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