Friday, May 05, 2006

India's Booming Retail Sector

India’s booming retail sector with malls and shopping centres mushrooming all over the place is another great opportunity for not just the Indian real estate biggies but also global infrastructures majors in the commercial realty sector. The recent government initiative of opening 51% FDI in single brand retail outlets has also been a big development in the sector. Moreover, with Mukesh Ambani’s ambitious and much-touted retail plans about to unfold soon, the path ahead is only full of roses for all stakeholders in this booming sector.

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Source IIPM-Editorial,2006