Home / Knowledge / News / Apparel/Garments / Mall mania grips retail sector

Mall mania grips retail sector

Jul '07
According to a recent study by Jones Lang LaSalle Meghraj, mall space in the country is expected to reach 60 million square feet by 2008. At present, there are 100 exclusive shopping malls in India and 300 more are scheduled to come up in the next spate of constructions.

Titled 'Geography of Opportunity — the Indian 50', the research says Delhi and Mumbai will house 40 percent of the total national organized retailing by 2008. By next year, these two metros are alleged to have a total mall stock of 22 million and 15 million square feet respectively.

In all, 50 cities across the country are expected to reap harvest from this retail boom. Bangalore, Hyderabad, Kolkata, Pune, Ahmedabad, Chandigarh, Jaipur and Lucknow are some such cities.

Commenting on the mall magic, an official from Jones Lang LaSalle told Fibre2fashion that improved infrastructure and a steady flow of FDIs have accelerated the growth in retail sector. He added that another important factor was increase in disposable income which has shot up people's spending capacity.

Underlining reasons why Delhi and Mumbai lead the mall rat race, the official said these two cities have eager retailers willing to invest in new ventures as well as excellent infrastructure. A larger, more affluent consumer group is also an important factor.

Fibre2fashion News Desk - India

Must ReadView All

Pic: EIN Presswire

Apparel/Garments | On 19th Apr 2021

EC funds campaign on disastrous impact of fast fashion

With clothes consumption increasing by 60 per cent in only 15 years,...

Pic: Target Corporation

Retail | On 19th Apr 2021

Target Corp to spend over $2 bn with Black-owned businesses by 2025

As part of its commitment to social justice and racial equity, Target ...

Pic: PR Newswire

Textiles | On 19th Apr 2021

Japanese firm Epson launches textile printer for customised clothing

Epson has launched the industrial-level SureColor F10070H...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

One thing is certain, online sales will go up

Textile Industry, Head honchos

Textile Industry
Head honchos

Estimate loss of $8-$10 billion in turnover

International apparel brands, Head honchos

International apparel brands
Head honchos

Launched first collection at onset of Covid

Nick Isles,

Nick Isles

The Condé Nast College of Fashion & Design or CNC as it is known as,...

Kurt Wedgwood,

Kurt Wedgwood

From design to raw material to fabrication and ultimately to delivery -...

Chini Chouhan,

Chini Chouhan

Founded by Chini Chouhan, her eponymous brand specialises in women's...

Silverio Baranzano, Fitesa

Silverio Baranzano

Fitesa is a leader in the nonwoven fabrics industry, specialising in...

Thomas Ong P S, NanoTextile

Thomas Ong P S

Malaysian company NanoTextile Sdn Bhd taps into the potentials of...

Wolfgang Plasser, Lenzing AG

Wolfgang Plasser
Lenzing AG

The Lenzing Group is an international company headquartered in Austria...

Sarah Denise Cordery, Sarah Denise Studio

Sarah Denise Cordery
Sarah Denise Studio

Manchester, England-based Sarah Denise Studio provides relevant fashion...

Aprajita Toor, Aprajita Toor

Aprajita Toor
Aprajita Toor

The creations by Aprajita Toor were born out of a deep desire to create...

Sneha Arora, Label Sneha Arora

Sneha Arora
Label Sneha Arora

Sneha Arora, an alumnus of National Institute of Fashion Technology,...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

April 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

Advanced Search