Dramatic Changes In India's Vast Retail Market

Multinational corporations eye India's large retail market as Indian superstores expand.

1 minute read

June 7, 2006, 2:00 PM PDT

By Abhijeet Chavan @http://twitter.com/legalaidtech


"HyperCity, India's first western-style supermarket [has] bright, shiny 120,000 sq ft of shelves, aisles and electronic checkouts are familiar to anyone in the west. But they are alien to generations brought up on dingy, family-run grocers' shops and pungent food markets where prices are haggled over...HyperCity, the result of two years' planning, is the first concrete sign that the geography of India's high street is on the brink of dramatic change.

..At present, western companies can do little but wait, visit and watch. Under Indian law, no foreign direct investment is allowed in the retail sector...

The retail market potential is vast. India has the world's second-largest population and consumer market after China. Analysts say Delhi is following a similar trajectory - albeit somewhat more slowly - to that taken by Beijing...

While China's ruling communists have opened the doors to foreign companies, India's left argues that multinational corporations will quickly establish a monopoly and force family businesses to close.

Monday, June 5, 2006 in The Guardian Unlimited

portrait of professional woman

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching. Mary G., Urban Planner

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

Mary G., Urban Planner

Get top-rated, practical training

Logo for Planetizen Federal Action Tracker with black and white image of U.S. Capitol with water ripple overlay.

Planetizen Federal Action Tracker

A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

April 30, 2025 - Diana Ionescu

Close-up on Canadian flag with Canada Parliament building blurred in background.

Canada vs. Kamala: Whose Liberal Housing Platform Comes Out on Top?

As Canada votes for a new Prime Minister, what can America learn from the leading liberal candidate of its neighbor to the north?

April 28, 2025 - Benjamin Schneider

Hot air balloons rise over Downtown Boise with the State Capitol building visible amidst the high rises.

The Five Most-Changed American Cities

A ranking of population change, home values, and jobs highlights the nation’s most dynamic and most stagnant regions.

April 23, 2025 - GoodMigrations

Sleeping in Public

Housing, Supportive Service Providers Brace for Federal Cuts

Organizations that provide housing assistance are tightening their purse strings and making plans for maintaining operations if federal funding dries up.

30 minutes ago - KSL

Conductor walks down platform next to Amtrak train at station in San Jose, California.

Op-Ed: Why an Effective Passenger Rail Network Needs Government Involvement

An outdated rail network that privileges freight won’t be fixed by privatizing Amtrak.

1 hour ago - Streetsblog USA

Aerial view of flooding during Hurricane Helene in North Carolina.

‘Quality Work, Fast’: NC Gears up for Homebuilding After Helene, Trying to Avoid Past Pitfalls

The state will field bids to demolish, repair and rebuild homes in the mountains. After struggles in eastern NC, officials aim to chart a different course.

2 hours ago - NC Newsline

Urban Design for Planners 1: Software Tools

This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.

Planning for Universal Design

Learn the tools for implementing Universal Design in planning regulations.