The Economic Times and Silicon India write that organized retail will reach Rs 100,000 crore in the next four years. The report was a result of a joint study that has been conducted by several leading global research firms like AT Kearney, Ernst & Young, PWC, Technopak, KPMG, ICICI, AC Neilsen-ORG Marg, Synovate, Cushman & Wakefield. According to them, organized retail in India will reach Rs. 100,000 crore in the next four years from its estimated value of Rs. 35,000 crore in 2005. The annual growth rate of the organized retail sector is pegged at 30%.

This joint study of the growth of the organized retail industry has been conducted for the 2nd edition of the India Retail Report 2007, that is published by Images F&R Research. India has also been named as the place where all international retail majors were rushing to enter. Minister of Commerce and Industry, Kamal Nath, who released the report, said that the boom in organized retail will create an estimated 10-15 million additional jobs for Indians over the next five years.