The Retail sector of India is at present of global importance and preference, and offers vast and varied scope for growth and profitability. Various factors in support of this statement are stipulated under the section below, separately. To help the interested entrepreneurs and investors, informed here are our expert services for retail company registration in india, and all other tasks for its business establishment and growth.
International prominent for its company-related legal and advisory services in India, and also for intellectual property rights services in India and abroad, our Delhi-based law firm can extend perfect and efficient services for setting up and growth of a retail company in india of the desired type. For doing a convenient and progressive business in the Indian retail sector, the highly suitable types of companies could be a private limited company or a public limited company. The last section deals exclusively with the retail company registration process anywhere in entire India. By virtue of offering highly impressive legal and supportive services to the corporate world of India for nearly a decade at just reasonable service charges, today our law firm is one of the well-eminent and reliable law firms of India. Today, our prompt and secure online company registration services are rather popular in India.
Noteworthy here also is the fact that the retail companies located in India may also avail our impeccable and innovative services for registration and protection of their brands, logos, trademarks, or service marks in India and abroad. All tasks related with brand name and logo registration or protection of those, are adeptly delivered by our trademark lawyers and litigators of international fame.
The retail sector of India is a massive, one of the fastest growing in the world, and a hugely significant economic sector of the country. Consisting of the organized retail segment and the unorganized retail segment, the overall retail sector of India contributes over 10% to the national GDP, and gives employment to around 8% of the country's workforce, at present. Again, India serves as the fifth largest and highly preferred destination in the whole world in the sector of retail. By the year 2025, India is strongly expected to become the third-largest retail economy in the whole world.
Roughly, the organized retail market in India accounts for nearly 10% of the overall Indian retail market only but is growing fast and steadily, and is worth about US$75 billion at present. The various favorable and boosting factors to the Indian retail sector are described separately in lower paragraphs below. This sector is highly expected to reach over US$ One trillion by the year 2020 from around US$675 billion in 2017, growing constantly at an annual growth rate of at least 12%. Again, the online retail is very likely to grow steadily and come at par with the physical stores in the next five years; the size of online retail sector at present being just around US$20 billion. The online retail segment (e-commerce) comprises the B2B and B2C components. The e-commerce in India has been growing constantly, and creating the biggest revolution in the retail sector. Indian e-commerce sales are likely to reach US$120 billion by the year 2020 from just US$30 billion in 2016, growing with a CAGR of over 30%.
There have been many strong reasons and factors behind tremendous growth of the retail industry in india, particularly in the organized retail sector. These include, favorable FDI policy of Indian Government in the retail sector, regularly growing investments in retail sector by Indian and foreign retailers, India's massive magnitude of consumers particularly of the middle class, rapid urbanization and increasing digital connectivity, rising (disposable) incomes and lifestyle changes of Indians, fast and easy accessibility to better products and services, ever-increasing number of internet users, large young and adult consumer base, changing tastes and preferences of customers, and Tier-II & III cities and rural markets with immense growth potentials (in addition to the major cities).
To boost growth in the organized retail sector, Government of India has approved FDI up to 51% in multi-brand retail, up to 100% in the single-brand retail, and up to 100% in e-commerce, that too through the automatic route. These initiatives have thus paved the way for entry of world-famous retailers like Walmart, Carrefour, Tesco, Apple, GAP, JC Penny, Nike, and so on in the Indian retail sector. The organized retail sector is hoped to grow with an annual growth rate of at least 10% till 2020 and beyond.
Thus, the scope of doing business/services in the retail sector of India is bright and affluent. Ever-growing number of internet users in India and availability of high-speed telecommunications networks, and all above-mentioned vital and favorable factors will be very securing and lucrative. Hence, retail companies of india are most likely to remain progressive and profitable in near future.
Based on your suitability or/and priority, you may set up a private or public limited company, or any other desired types of companies in the retail industry of India. In addition to the info regarding how to register a retail company in india, our other services for benefits of the retailers located in India are also listed in the paragraphs below.
Besides the company incorporation service, our other legal and advisory services for making a retail company in India secure, booming, and utmost lucrative, are the following in general:
Interested or ambitious Indian or foreign entrepreneurs or investors may briskly avail our brilliant and cost-effective legal and advisory services for registering the preferred types of retailing companies in India, and also for making their businesses or services secure and lucrative, just through ringing over: +91-88001-00284; or sending their relevant queries or requests to: contact@Company-Registration.in