India’s retail boom set to draw USD 3.5 billion as US malls struggle: ANAROCK study

India’s retail real estate sector is set to attract over USD 3.5 billion in investments over the next three years, ANAROCK said, as global capital shifts away from struggling US and European malls. Strong consumption growth, severe undersupply of Grade-A mall space and rising foreign brand interest are driving India’s emergence as a global retail hotspot.