Budget impact on retail & consumer, logistics sector: PwC
Published on Mon, Jul 06, 2009 at 20:08 | Source : CNBC-TV18
Updated at Tue, Jul 07, 2009 at 10:52
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Budget impact on retail & consumer, logistics sector: PwC
India’s external trade (merchandise exports plus imports) as a proportion of gross domestic product (GDP) grew from 18.6% in 1997-98 to 38.9% in 2008-09.In 2007-08, consumer durable goods sector suffered a slowdown. However, during 2008-09 sector growth remained positive, except for quarter 3.
PriceWaterhouseCoopers report on retail & consumer, logistics sector points out siginificant proposals. Here's a quick snapshot.
Retail & Consumer Sector
India's external trade (merchandise exports plus imports) as a proportion of gross domestic product (GDP) grew from 18.6% in 1997-98 to 38.9% in 2008-09.In 2007-08, consumer durable goods sector suffered a slowdown. However, during 2008-09 sector growth remained positive, except for quarter 3. Overall, the consumer durables goods sector recorded a growth rate of 4.4% for 2008-09 as against negative 1% in 2007-08.