Expansion of Organized Retail & Mall Developments in India

India is experiencing a retail megatrend, with both international and national retailers rapidly expanding their footprints across the country to meet the rising demand of an increasingly affluent consumer base. Global brands such as Carrefour, Decathlon, and Dave & Buster’s are entering or scaling up their operations in India, while domestic retailers like V2 Retail are aggressively opening new locations. Over 45 million square feet of retail space is projected to be added in the next five years, including a strong focus on Tier 2 and 3 cities. This growth positions India as an emerging powerhouse in the global retail landscape, driven by evolving consumer behavior and expanding urban centers.