Largest Number of Businesses in India are Retailers

With over  16 million  retail shops in the country — about one for every 15 families — this sector of work surpasses others in its numbers.

Manufacturing is second to retail with over 10 million units. However, the number of employees in this sector is greater than those in the retail trade. Most retail stores are tiny by Western standards and employ less than ten people.

Phoenix Mall in Mumbai

Phoenix Mall in Mumbai

Transport companies, warehousing, hotels and eateries, and healthcare-related enterprises are other major occupations, while educational enterprises have emerged as major employers.

These facts emerge from the 6th Economic Census conducted by the Government of India in 2013, detailed results of which were released earlier this year, reports the Times of India.

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Posted on by Gunjan Bagla
Gunjan Bagla
California-based management consultant Gunjan Bagla runs Amritt, a consulting firm helping American companies to succeed in India. Amritt is the trusted advisor for India market research, India business development, India market entry, Global Engineering, Global Technology Scouting, India R&D and Open Innovation. Gunjan is author of "Business in 21st Century India: How to Profit Today from Tomorrow’s Most Exciting Market" (Hachette Book Group, 2008), Amazon's top rated title on the subject. He has appeared as the India Expert on BBC Television, Bloomberg TV, Fox Cable Business and has been quoted in the New York Times, the Los Angeles Times, the Hollywood Reporter and Business Week for his expertise on India.

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