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India’s food retail market may attract investment USD 827 bln by 2023: study

India’s food retail market may attract investment USD 827 bln by 2023: study

Nov 11, 2018, at 06:50 pm

New Delhi, Nov 11 (IBNS):  India’s food retail market is expected to touch USD 827 billion by 2023, up from USD 487 billion in 2017, growing at a compound annual growth rate (CAGR) of 9.23%, with recent reforms making the sector more competitive and market oriented, according to an ASSOCHAM-TechSci Research consulting joint study.