The retail sector is witnessing dynamic changes with the consumers transforming into informed users. Further, there have been changes in supply chain, distribution and operational processes in the segment over the years. Our experts in the retail sector provide strategic insights and services customised as per the individual retailer. Some of our service offerings include:
- Consulting services by consumer sector expert
- Taxation services as per the consumer sector policies
- Audit and assurance services, including internal control audits
- Risk and financial advisory for managing business risks and opportunities
India is the world’s fifth largest global destination in the retail space. Retail industry reached to US$ 950 billion in 2018 at CAGR of 13 per cent and expected to reach US$ 1.1 trillion by 2020. Revenue generated from online retail is projected to grow to US$ 60 billion by 2020.
About 51 per cent FDI is allowed in multi-brand retail, while 100 per cent FDI allowed in single-brand retail under the automatic route. India’s retail sector attracted US$ 970 million from various private equity (PE) funds in 2019.