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Retail revenues to grow at 13% a year, hit $166 bn by FY25: Edelweiss

Stocks in the segment are up by as much as 50% in CY17, compared to 30% delivered by Nifty

Retail revenues to grow at 13% a year, hit $166 bn by FY25: Edelweiss
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BS Reporter Mumbai
The retail sector’s revenues are expected to surge at a compounded annual growth rate of 13 per cent, and are likely to reach $166 billion by FY2025, according to a new report from Edelweiss Securities.

“India’s retail tiger is roaring back—stocks in this segment are up by as much as 50 per cent in CY17, compared to a 30 per cent return delivered by the Nifty—and is ready to take a big leap. Favourable macros, such as improving consumer sentiments, rising disposable incomes, urbanisation and lower penetration of organised retail are envisaged to primarily fuel this boom,” said Abneesh Roy, senior