Arvind Singhal

Arvind is Chairman and Managing Director of Technopak, one of India's leading management consulting firms advising across a wide range of sectors, including retail, fashion, textiles and apparel or education. He has previously written columns for the Business Standard and the Economic Times.

India’s Fashion & Retail Sector: An Overview

Private consumption driven economic growth, a population of 1.3 billion with huge linguistic and social diversity… amongst other challenges and opportunities to consider before entering India’s fashion retail market!

A € 575 Billion consumer retail spending, growing to reach €975 Billion by end of 2022 and very favourable demographics make India one of the world’s most promising and exciting retail markets for years to come. With India’s fashion retail segment at about € 52 billion in 2017, and poised to cross €85 billion by end of 2022, India offers great opportunities for European and other international brands.

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