Food & FMCG products in India were typically retailed in small individually or family-owned and operated stores located in villages, city neighborhoods, and large urban markets. Grocery stores (called Kirana stores locally) account for the bulk of food retail...
After a few years of reduced focus on retail real estate largely due to the limited supply across India, private equity (PE) players are again focusing on these assets with over US $724 mn invested in 2017 (through September)...