Indian retail: AI imperative to data-led disruptive growth

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Indian retail: AI imperative to data-led disruptive growth

Indian-Retail-Overview

Overview

Retail industry in India is one of the top five retail markets in the world by economic value. It is expected to double by 2024 and reach US$1.4 trillion. The industry is undergoing a significant transformation as a result of changing consumer behavior, growth of organized retail and entry of multiple global players. The objective of this report is to uncover the opportunities for retail enterprises by leveraging the potential of Artificial Intelligence (AI) - to survive and thrive in the digital era, specifically exploring the following questions:

  1. Where should retail enterprises start their AI journey?
  2. What are the provider and retail enterprise side dynamics in retail AI ecosystem?

How can retail enterprises move up the AI value curve?

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Key Findings

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