The Indian economy is growing at a fast pace, competing with the developed nations.
Trading is one of the most significant sectors in the Indian economy, accounting for
8-10% of the total retail trade. India is ranked 5th on the Global Retail Development
Index and is considered the second fastest growing economy in the world. The Indian
retail industry is presently posed as a developing and fast paced industry, as several
corporate players have started to enter the market. It provides 14-15% of the country's
GDP and 8-9% of the employment