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India's retail market to hit 1.3T by 2020

India's retail market will reach $1.3 trillion by 2020.

June 1, 2015

The Times of Indiais reporting that India's retail market will reach $1.3 trillion by 2020, and that the GDP is set to grow at 8 percent over the next three years. That rate will make India the world's fastest-growing major developing market,

The country's sales are now at $925 billion and had grown at 5.8 percent on compounded annual growth rate in 2010-2014, according to the story.