Indian retail industry has been growing at a steady pace fuelled by factors like changing lifestyles, rising disposable incomes, favorable demographics, and easy credit availability.
The retail sector contributes to 23% of the GDP, which is driven by an increasing Private Final Consumption Expenditure(PFCE) over the last few years growing from INR 19 Lakh Crores in 2005 to around INR 51 Lakh Crores in 2012.

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