The Retail Industry is poised to become a 1.3 trillion opportunity by 2020, driven largely by Modern Trade, (joint report by Industry body FICCI and TCS)". The estimated value of the Retail Sector at the present juncture is about 480 billion. Penetration level of Modern Retail, which stands at 5% at present, will grow about six times from the current 27 billion to 220 billion in 2020," as per reports.
Modern retailers in the past have tried to capitalize on this opportunity by increasing their store presence across major cities. There will be close to 200 cities with population of over 0.5 million by the turn of 2020, which will fuel retail growth. Retail Sector is the second largest employer after agriculture employing more than 35 million people.
To meet the growing demand of trained professionals in the Retail Sector, Graphic Era University offers Post Graduate programme in Retail Management. This programme is designed to develop Future Retail Leaders for Retail Organizations.