The retail sector accounts for 22% of India’s GDP and contributes to 8% of the total employment. The country continues to be among the most attractive investment propositions for global retailers. It is one of the fastest growing across the globe, seen at US$ 1.3 trillion by 2020, doubling from US$ 630 billion in 2015, according to a joint report by FICCI and PWC. The sector is projected to register a Compound Annual Growth Rate (CAGR) of 16.7% over 2015-20.