The Indian retail market, which is the fifth largest retail destination globally, according to industry estimates it is estimated to grow to US$ 637 billion by 2015. Simultaneously, modern retail is likely to increase its share in the total retail market to 22 per cent by 2015.
The retail industry in India has come forth as one of the most dynamic and rapid-paced industries with abundant players entering the market. Cashing in on the growth prospects, many retail schools are coming up to equalise the demand for professionals with adequate supply. Also more and more students are taking on retail as a career option.