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Retailing sector in India, though a late entrant, is emerging as a major industry and is also poised to bring another boom in job market. Pantaloon did the primary efforts in the retail industry. The Pantaloon chain at present retains the status of the largest retailing outlet in India. With entry of Reliance Industries Limited and others to follow suit, the industry is all set to make its mega march in the economy. It is estimated that the sector will emerge as the second largest industry in India within five years.
With retail sector to grow with its predictable potential in respect of quantity and stability, offers a respective boom in the employment market. It is estimated that by 2012 the sector will create about 13 million jobs all over India.
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