date:May 29, 2014
ce Fresh Ltd which is a part of Reliance Industries, and Trent Hypermarket Ltd which is a part of Tata Group-controlled Trent.
Competition from local mom-and-pop stores, which constitute 90 percent of India's $500 billion retail market, price-sensitive customers, and low margins remain the core challenges to the growth of organised food retailing in the country, the report said.
Food and grocery account for two-thirds of the retailing market and organised food retail contributes 2 percent to t