Modern retail sector in India is undergoing a major transformation. With the entry of global players and calibrated expansion by major Indian retailers, there is enough scope for consolidation in the domestic market via joint ventures, tie-ups and franchise agreements. The India Retail Report 2010, a survey conducted by business consultancy Technopak Advisors, yields that the country’s retail market is expected to touch around Rs 37 lakh crore by 2020. This swift development in the retail sector is a green signal of a massive growth opportunity in the signage sector, benefiting those dealing with in-store displays, in particular.
