The retail market in India has been growing steadily and is expected to reach US$ 1.1 trillion by 2020. This growth is expected to boost the revenues of FMCG companies in India, as modern trade is expected to grow at a rate of 20-25% per annum. FMCG products in India have a large market potential, and with the growth in modern trade, it is likely to increase further. Retail products, including FMCG products, are becoming more accessible to consumers due to the expansion of organized retail in the country. One such example is Reliance Retail, which has emerged as a dominant player in the retail market in India, offering a range of FMCG products. The growth in retail sales is a positive indicator for FMCG companies, as it provides them with greater opportunities to reach more customers and expand their market share. Overall, the retail market in India presents a significant opportunity for FMCG companies to grow their business and increase their revenues.
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