The retail industry in India is growing significantly and traditional mom-and-pop stores are gradually being replaced by modern retail formats such as supermarkets, hypermarkets, and e-commerce platforms. Key segments driving growth include food and grocery retailing, fashion and apparel, electronics, and online retail.
Government initiatives such as FDI liberalization in retail and the implementation of GST have also contributed to the expansion of the sector.
The retail industry has claims of varying degree from low value to large value claims.
We at PCIS, are equipped with both talent and infrastructure to deal with low value but large volume claims to large value claims in retail / trade industry.
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