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PwC predicts Indian retail sector attaining $900 billion by 2014

With the rising disposable incomes, expansion of stores and supporting economic factors, India’s retail sector is expected to grow to about $ 900 billion by 2014, according to PricewaterhouseCoopers (PwC). The report titled – Strong and Steady 2011 – which provides an outlook for the retail and consumer products in Asia suggests that retail sales in India, currently estimated at about $500 bn. Such boom to be happened in the country’s retail segment will usher in a big opportunity for those signage companies associated with in-store displays in the sector.

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