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

)