Following reform outcomes : FDI to bring Rs 40,000 crore investment in retail

IMP-OST : 22nd Oct, 2012    ( Post 2 of 6 )

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As per estimates, overall retail market is likely to become Rs 47,00,000 crore (Rs 47 trillion) in 2016-17 from Rs 23,00,000 crore (23 trillion) in last financial year.

The organised segment is estimated to grow to Rs 4,80,000 crore (Rs 4.8 trillion) by 2016-17 from Rs 1,60,000 crore (Rs 1.6 trillion) in 2011-12, the joint report said. ( titled 'FDI in Retail - Advantage Farmers' )

Read full article at :
http://www.rediff.com/business/report/fdi-to-bring-rs-40000-crore-investment-in-retail/20121019.htm