Indonesia Makes the List of Top 10 Most Attractive Retail Markets

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06/06/2017 14:40 WIB

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Top 10 Countries with the Highest Scores in the 2017 Global Retail Development Index

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Indonesia Makes the List of Top 10 Most Attractive Retail Markets

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Top 10 Countries with the Highest Scores in the 2017 Global Retail Development Index

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Indonesia remained in the top 10 of the 2017 Global Retail Development Index (GRDI) released by consulting firm A.T. Kearney. In 2017, Indonesia's retail market ranked 8th out of 30 developing countries worldwide. In the GRDI 2017, Indonesia scored 55.9 out of a maximum score of 100, placing it 8th. This is a decline from its 5th-place ranking the previous year.

According to Soo Ghee Chua, Partner and Head of Southeast Asia at A.T. Kearney, Indonesia has long been a target for foreign retailers. The opening of the Negative Investment List (DNI) has created opportunities for foreign investors to enter the domestic retail market, both in supermarkets and e-commerce. The GRDI assessment comprises four criteria: market attractiveness, country risk level, market saturation, and time pressure.

Meanwhile, India topped the GRDI 2017 with a score of 71.7, surpassing China's previous leading position. Increased foreign investment, high economic growth, and a large market share make India's retail sector the most attractive in the developing world.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Indonesia Makes the List of Top 10 Most Attractive Retail Markets

Indonesia Makes the List of Top 10 Most Attractive Retail Markets

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Indonesia Makes the List of Top 10 Most Attractive Retail Markets

Indonesia Makes the List of Top 10 Most Attractive Retail Markets

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