What's been driving growth in the retail segment?

01 Nov 2018 CW Team

With the Indian retail market steadily maturing and growing at a CAGR of 20-25 per cent, the development of organised retail is high on the radar of developers and institutional investors, says Anuj Kejriwal, Managing Director & CEO, Anarock Retail. 'Organised retail is estimated to increase to 19 per cent of all retail across the top seven cities by 2020, from 9 per cent currently.' While increasing urbanisation and improved consumer sentiment are popularly cited as retail growth drivers, steps to attract fresh investments are helping to grow the organised segment of the industry. Kejriwal cites allowing 51 per cent foreign direct investment (FDI) in multi-brand retail and 100 per cent FDI in single-brand retail under the automatic route as having attracted giants like Walmart to India, which, in turn, has boosted demand for superior malls. The GST policy overhaul is also attracting foreign players. The government's move to provide a single policy framework for retail, FMCG and e-commerce to offer a level playing field to all stakeholders is another step in the right direction.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..