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

07 Apr 2026

Tunnelling Begins for Thane, Borivali twin tunnel project

Tunnelling work has commenced for the 11.84-km Thane–Borivali Twin Tunnel, set to be India’s longest urban road tunnel, marking a key milestone in Mumbai’s infrastructure development.As per a post shared by Mumbai Metropolitan Region Development Authority on social media platform X, the tunnel boring machine (TBM) ‘Nayak’—the country’s largest single-shield hard rock TBM for an urban tunnel—was launched by Devendra Fadnavis on Tuesday. The event was attended by Eknath Shinde and Sunetra Pawar, among other dignitaries. A second TBM, ‘Arjuna’, is expected to be launched so..

Large Format Store Planned At M G Road Metro Station

M G Road station in Bengaluru is set to host the city’s first large-format commercial and experience space, with planning led by Bangalore Metro Rail Corporation Limited. BMRCL has invited proposals to develop and operate a central business district destination at the Purple?Pink Line interchange. The plan positions the station as a commercial hub designed to serve a broad commuter base across the city. The proposal is part of a broader effort to activate transit nodes commercially. Tender documents set a minimum monthly rental of Rs 0.944 million (mn), inclusive of GST, for the large-format..

Government Cancels Auction Of Eleven Critical Mineral Blocks

The government has cancelled the auction of 11 critical and strategic mineral blocks after receiving a poor investor response and failing to attract a sufficient number of qualified bidders. The decision represents a setback to plans to ramp up domestic exploration and production of critical minerals amid global supply chain disruptions and rising demand for materials used in clean energy and advanced technologies. The mines ministry issued an annulment notice setting out the reasons for the cancellations. The annulment notice indicated that the auction process for five mineral blocks was canc..