Irrespective of the current slowdown in the Indian market, the country’s retail industry is poised to touch $ 1.3 trillion in the next eight years, driven largely by modern trade. The estimated value of the retail sector at the present juncture is about $ 500 billion. Penetration level of modern retail, which currently stands at 5 percent, will grow about six times from the current $ 27 billion to $ 220 billion in 2020, according to FICCI-Tata Consultancy Services report. Such big vision of growth in the sector is a green signal determining a fresh business for the signage companies dealing in in-shop displays, signage and other related activities.
