Economic survey 2014-15 says that India continues to be an attractive long-term retail destination. According to the Global Retail Development (GRDI), the retail sector was affected in 2013 by high price inflation and India’s retail trade ranking slipped to twentieth in 2014 from fourteenth in 2013. The survey expects that in the next five years India’s ecommerce market will grow by more than 50 per cent. However, it points out inventory management, logistics planning, and resource availability as important hurdles for online retail in India. Stating that consumer safeguard is another area of concerns for ecommerce consumers, the survey says the Government proposes sufficient provisions in the ongoing amendment to the Consumer Protection Act 1986.
