Malls in India on the rise even as e-commerce takes off
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Malls are on the rise in India, despite the fact that online shopping is gathering pace in the country.
“There is so much talk of the death of brick-and-mortar retail as a consequence of the aggressive advent of e-commerce into the country, when the fact is that shopping malls have just got started in India - and they are definitely here to stay,” says Anuj Kejriwal, the managing director and chief executive of the retail division of Mumbai-based property consultancy Anarock.
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Source : Malls in India on the rise even as e-commerce takes off