Benefits of modern trade to Indian economy
This study underscores the key outcomes of the opening up and growth of one of the largest marketplaces for modern trade in the world — India. The key objective of this paper is to prepare an evidence-based empirical study on the implications modern trade would have on the Indian economy.
Modern trade is defined as any organised form of retail or wholesale activity, which is typically a multi-outlet chain of stores or distribution centres run by professional management. Its feasibility in India is no longer a question, even though India is one of the last large Asian economies to liberalise its retail sector.
This study focuses on the three most immediate areas which will be impacted through rapid development of modern trade: employment, agriculture and sourcing from India.
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