Investments in retail to touch US$30 Billion in next three years

The overall retail sector is expected to grow from the present
US $330 billion to US $430 in the next two years and expected to be around US $750 by 2015. The organised retail sector is likely to increase its share from the current 4% to over 20% in next two years. Organised retail is likely to grow at a CAGR of 50% and set to be worth $90 billion two years from now. Organised retail has witnessed a CAGR of 35% over the past five years and currently accounts for 1.5% of the country’s GDP.  Corporate retailers across the country have announced investment plans amounting to US $ 30 billion  for expanding their network of stores.Major investments planned by corporates in retail sector are

Construction of mega retail stores US$ 10Bn
 A Capital expenditure of US$ 5 bn by Unitech , US$ 4bn by DLF, US$ 1 bn by parsvnath have been planned for construction of retail stores in India.

Setting up of Hypermarkets – US $ 7 Bn
Hyper marts will soon dot the Indian retail space with investment announcements of Rs29,154 crore expected to set them up. Reliance Retail have set aside US $6 Bn for setting up hyper marts and  Spencer retail  planed to invest around US$750 millions for expanding its retail outlet and setting up hyper marts.

Investments  in Setting up Food& Groceries stores  US $ 6 Bn
Reliance Retail to invest around US $ 3 Billions, Aditya Birla group to invest US $2 Billions Wadhawan Food Retail to invest US $1.5Bn,  Subhiksha to invest US$ 75 Millions ,  Dabur to invest US$ 50 Millions in next two-three years for setting up food and grocery stores 

Investments  in Setting up apparel retail stores   US $ 4 Bn
Retailers including Provogue, Trent and Arvind Mills drawup an investment plan of US$ 2Bn for setting up new stores. Provogue with a capex of US $ 1.5 Bn has planned  to set up 40 new stores in tier II and tier III cities.Another US $ 500Millions investment have been planned by Arvind Mills, Donear Industries and Trent.