date:Jan 03, 2014
ustry experts estimate cash and carry in India to become a $22-billion (about Rs 1.4-lakh crore) annual opportunity by 2017, and the market leader in the segment is expected to corner $4 billion to $5 billion of this. The main rival for modern cash-andcarry stores in India is wholesale retailers thousands of small retailers crowded into large markets, such as the Sadar Bazar in Delhi.
An industry analyst said converting a hypermarket into the cash-and-carry format may not work in some cases. H