Shumita Sharma Deveshwar

Director of India Research
+44 203 006 3102

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Recent India research

* India: Fiscal policy puts Modi at odds with RBI, Shumita Sharma Deveshwar, 12 Oct 2017
* India: Gujarat poll to test identity vs economics, Amitabh Dubey, 5 Oct 2017
* India In Charts: A disappointingly slow recovery ahead, Shumita Sharma Deveshwar, 21 Sep 2017
* India: RBI firm on inflation, despite growth risk, Shumita Sharma Deveshwar, 14 Sep 2017
* India: Modi risks losing control of jobs narrative, Amitabh Dubey, 8 Sep 2017

See all our India research >>

India's food retail revolution

Overview

India is witnessing the beginning of a food retail revolution, with new entrants piling into what remains a highly fragmented market. Cash registers ring mostly at India’s 12 million neighbourhood "mom-and-pop" stores, while the modern retail segment accounts for just 4 per cent of the estimated $300 billion retail market and the food subset less than 1 per cent. But modern retail trade is expanding rapidly and is expected to grow three- or fourfold to $22-$30 billion by...

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