India has been ranked the 5th most attractive destination for investment in retail among 30 emerging markets because of rising disposable incomes and rapid urbanisation. Even though its ranking slipped from the 4th spot in 2011, India has been placed ahead of the UAE, Saudi Arabia, Indonesia and Russia. The country’s 5th position in ranking remains a high-potential market with accelerated retail market growth of 15 to 20 percent expected over the next five years, supported by GDP growth of 6 to 7 percent. Such robust status of the country’s retail sector will be an unmatched opportunity for the signage companies dealing in in-shop displays and other related activities in the retail sector.
