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India is the second-most populous country with a middle class that exceeds the total population of Europe. It is also home to the world’s largest young population. This means the potential of high-demand generation, especially in the retail sector. The Indian retail sector is already one of the largest in the world, estimated at almost US$ 900 billion in 2020, and is expected to grow to US$ 1.7 trillion by 2026.  

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https://www.indianretailer.com/article/whats-hot/retail-trends/how-new-national-retail-policy-will-help-in-growth-and-development-of-indian-retail-sector.a7255/

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