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Topic: History
Number of pages / Number of words: 4 / 1082
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Top realtors and local retail chains are developing malls in regional boroughs, specifically to sell premium branded goods.

Rural retail

Led by the rising purchasing power, changing consumption patterns, increased access to information and communication technology and improving infrastructure, rural retail market is estimated to cross US$ 45...


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With 87 per cent of rural markets not having access to any sort of organised marketing and distribution, this segment has tremendous potential for growth.

After ITC's ' Chaupal Sagar' (India's first rural mall), the DCM Shriram Group's Hariyali Bazaar', and Tata Chemicals' Tata Kisan Sansar, retail giants like Reliance, Spencer's and Subhiksha are also expanding in semi-urban and rural areas...


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