India: Retail Foods
Although small, traditional outlets dominate the Indian food retail sector and account for 98 percent of sales, modern retail chains offering a consumer-friendly shopping experience are emerging and stores now exceed 3,200. Foreign direct investment rules for multi-brand retail are prohibitive for many international brands, but India remains a growing market for imported consumer-ready food products. Imports were $3.2 billion in 2013 and show 20 percent growth, year-over-year, through September 2014.
