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Abstract
Service industry is performing a pivotal role in creating employment opportunities in India. The retail industry is one such sector that offers a number of job opportunities in merchandising, store management, central management and centralized buying. Retail continues to grow at a rapid rate offering face-paced, people-oriented, and service based careers. The retail industry is focused on the sale of goods or merchandise from a specific location for direct consumption by the purchaser. The Indian retail industry has been thrown open to foreign majors and is packed with players who strive to offer great products and value-for-money to Indian consumers. The country holds a vast promise for retailers with its burgeoning spending power and a rising middle class. This research paper provides the current status of the retail sector in India and the detailed information about the prospects and opportunities faced by the retail sector in India.