India and China on top of global retailers agenda

International retailing companies are keen on investing in India and China, more so than in other locations, according to a new retail study done by Deloitte Touche Tohmatsu called the 2007 Global Powers of Retailing. According to the report, “Slow growth in many mature markets and not-to-be-missed opportunities in emerging markets - particularly China, India and Russia - are powerful driving forces.”

According to the study, even though the global retail market has more risks, the robust economic growth in countries such as India, China and Russia is attractive enough for retailers to make investments there. Market-oriented governments has also made these markets more attractive, which has led to significant increases in spending power of consumers.