Domestic and international retailers are exploring opportunities in small towns for expansion, as the metros become unaffordable and good retail spaces are hard to come by there, says a report by real estate consultancy firm Jone Lang LaSalle. Indore, Kochi, Ludhiana, Nagpur, Jaipur and Udaipur are the upcoming cities that retailers are considering with increasing seriousness, according to the study of JLL. Such newly found destinations for the retailers would be an added business opportunity for the signage players whose activities are involved in the retail domains.
