date:Oct 12, 2013
do, said Devangshu Dutta, chief executive of Third Eyesight, a retail consulting firm based in Bangalore. To just continue to pump in money without reflecting on this would be pointless.
Only 4 percent of Indias $500 billion retail market is controlled by large, Western-style chain stores. In China, the share is about 20 percent and in Brazil 36 percent. Indias tiny operators have few of the inventory controls of their larger brethren, and much of the countrys food spoils before reaching consum