Carrefour

News on opening up of multi-brand retail segment to foreign chains is all over the place in today’s morning newspapers. Still, I would like to address a few important points over here for the benefit of our readers as to the fine print of…

Indian retail market is estimated to be at ~$350 billion and organized retail accounts for 6% of the total market. So all the Biyani's, Ambani's and the Birla's are sharing the 6% pie so far. With such a huge opportunity why would anybody…