Retail sales in malls will hit $39 billion by FY28: Report
Tue, Sep 13, 2022 3:30 PM

Retail sales in malls will hit $39 billion by FY28: Report

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Retail sales in shopping malls across the top eight cities are predicted to increase by 29% yearly to reach $39 billion by the fiscal year 2027โ€“2028. This rise will be attributed to rising consumption and the opening of new malls. According to estimates, the top 8 Indian cities' organised retail sales volume will increase at a CAGR of 17% from $52 billion in FY 2022 to $136 billion by FY 2028.

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