Punjab has been consuming more than most other states, and is significantly higher than the all-India average in almost every retailing category which includes food and beverages, footwear, clothing and communication.
With the highest per capita income in the country, that is nearly three-and-a-half times the all-India average, an excellent infrastructure to promote new industries and support the existing ones, coupled with high percentage of employment, Punjab stands second to none in fast becoming a favoured destination for the retail industry....
No wonder, investors are quite keen to tap this huge consumption potential in the state. The mood is thus, extremely upbeat as far as the retail options in Punjab are concerned.
But what concerns me is the cities of punjab are doing not as well as it ought to....