Mergers And Acquisitions Accelerate In India's Retail Market, As Competition Increases
Merger and acquisition activity is accelerating in India's retail market, with the 2018 acquisition of Flipkart by Walmart opening the floodgates on a series of high profile ventures.
The Indian retail market is expected to reach a value of $1.4 trillion by 2023, at a CAGR of 10.7% between 2020 and 2023, which in turn is accelerating the move towards retail consolidation, according to industry analysts GlobalData.
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