Modern retail, general trade to co-exist: Experts

FDI in retail will see a host of foreign chains opening up single and multi-brand stores in India, but experts believe modern retail would continue to co-exist with general trade. With an average of 46 minutes being spent by a shopper accompanied by family in a large modern retail store as against 29 minutes in a general store, according to an industry study, it would be crucial how each of these store types makes an attempt to pinch away more of the consumers' time to clock higher sales.

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