ARTICLE · 14 AUGUST 2023

Assessing The Regulatory Landscape For Trading In India

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India is one of the most thriving markets for retailing in the world currently, making it a magnet for leading retail entities all around the world. Indian consumers now have vast shopping avenues...

IndiaGovernment, Public Sector

Swathi Sreenath

Shreya Chaturvedi

Gursimar Singh Setia

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1. INTRODUCTION

India is one of the most thriving markets for retailing in the world currently, making it a magnet for leading retail entities all around the world. Indian consumers now have vast shopping avenues across all channels, including physical stores, e-commerce websites, mobile apps, etc. The retail industry is being revolutionized by internet of things (IoT) technology, which is bringing new opportunities for customer service, supply chain management, and physical stores, as well as promising new platforms like home-based connected devices. The retail market in India has undergone significant growth and transformation in the last decade and is projected to reach $2 trillion by 2032,¹ owing to the socio-demographic and economic factors like urbanization, income growth, and the rise of nuclear families.

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