Indian Retail Market is Projected To Reach $ 1.2 Tn By 2023
The Retall market n India has undergone a major transformation and has witnessed tremendous growth in the last 10 years. The Retall market Is set 1o cross the $ 1 tn mark by 2020 from 8 672 01 2017.Indias e commerce market s also set to grow at a CAGR of 30% for gross merchandise value to be worth $ 200 bn by 2026, India ranks among the best countries to Invest in Retail space. Factors that make India 50 attractive include the second largest Population in the world, a middie class of 600 mn people, increasing urbanisation, rising housefiold incomes, connected rural consumers and Increasing consumer spending.
A public-private partnership (PPP) is a project delivery model whereby private entities undertake large-scale engineering and construction projects, often on works with defined objectives and criteria under the supervision of a government agency for mutual benefit.
BOOT (build, own, operate, transfer) is a project that transfers the risk and responsibility for the design, construction and operation of a large public infrastructure to private developers.