Question

Contribution of Retail industry in Indian GDP?

Answer 1

Answer:

It accounts for over 10% of the country's gross domestic product (GDP) and around eight% of the employment. India is the world's fifth-largest global destination in the retail space. ... India is the world's fifth-largest global destination in the retail space and ranked 63 in World Bank's Doing Business 2020.

Answer 2

→ 10%

GDP Contribution : Retail sector contributes almost 10% of the India's Gross Domestic Product (GDP). According to the latest numbers, current GDP of India is around $2.5 Trillion. So, its 10% contribution means, almost $250 Billion are contributed from this sector per annum.

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