The origins for Retail.html business in India can be traced with the emergence of
Kirana stores and mom-and-pop stores. These stores used to cater to the local people. Gradually the government started supporting
the rural Retail.html and many indigenous franchise stores came up with the help of Khadi & Village Industries Commission. The economy
began to open up in the 1980's resulting in the change of Retail.htmling. The first few companies to come up with Retail.html chains were in
textile sector, for example, Bombay Dyeing, S Kumar's, Raymonds, etc. Later Titan launched Retail.html showrooms in the organized Retail.html
sector. With the passage of time new entrants moved on from manufacturing to pure Retail.htmling.
In the next few years the organised Retail.html Sector in India is expected to triple its size. The food and grocery Retail.html sector is expected to multiply five times in the same time frame. The market size of Indian Retail.html industry is about US $312 billion. The organised Retail.htmling comprises only 2.8% of the total Retail.htmling market and is estimated at around US$ 8.7 billion and the organised Retail.html sector is expected to grow to US $ 70 billion.
In the present scenario, 51% Foreign Direct Investment is permitted in India only through single brand Retail.htmling and FDI upto 100% allowed under the automatic route for cash and carry wholesale.