The company claimed that the centre will generate more than 700 direct and indirect local job opportunities while providing nationwide market entry for thousands of local sellers, MSMEs, and small-scale farmers in the region.
Bain & Company in its report highlighted that 75 per cent of global growth was due to price increases in 2023 but the Indian consumer packaged goods market was among a few markets which saw gains in terms of volume.
India's retail sector, integral to the GDP, has grown significantly in the last decade. With a $2 trillion estimate by 2032, preparation for widespread consumer expansion is vital