As per Jones Lang LaSalle data, mall space in India’s seven Tier-I cities has grown from 12m sf in 2005 to 37m sf by 2007. Wit the opening of new stored competiion has also increased. As competition intensifies further, the ability of retailers to associate with their customers and retain their loyalty will play a crucial role in their success.
You can see how organized retailers are penetrating the Indian Market in this Map which shows statistics of top retailers establishing presence in Mumbai between 2003 and now.
Retail Map of Delhi
Map Courtesy: CLSA