New Delhi [India], The e-tail sector in India, which is expected to be worth approximately US$60 billion in the financial year 2023-24, is projected to grow at a compound annual growth rate (CAGR) of 18 percent till 2028. 29, According to a report by Knight Frank India, a property consultancy firm electronic retailing (e-tailing) is the sale of goods and services through the internet, at the current level of consumption across all retail categories, the revenue potential of all shopping centres' A report titled 'Think India Think Retail 2024' said tier 1 and tier 2 cities are expected to grow at a CAGR of 23 per cent during the same period. Indian retail industry is growing rapidly and contributes 10 percent. The country's gross domestic product (GDP) and 8 percent of the workforce is growing rapidly with the development of shopping centers and new retail destinations not only in major metros but also in smaller towns. "During the past pandemic year, the retail industry is back on track with a vengeance," the report said, adding that against the backdrop of the thriving e-tail sector, it can be argued that the revenue potential provided by online spending outweighs that of offline. It's more than channels.58 After a careful assessment of the average trading density across 10 retail categories in the High Street, the potential consumption in the High Street for 2024–25 was approximately US$3 billion. Indian high streets account for about 7 per cent of the total gross leasable area. Further comparing shopping center stock across cities, the report said there is an exciting opportunity for shopping center developers to deploy capital in both Tier 1 and Tier 2 cities, "while shopping centers continue to dominate in Tier 1 cities." The first mover advantage in Tier 2 cities will differentiate trusted branded players from the rest of the pack and put their assets at the top of the brick-and-mortar story. Building quality assets will make them viable for institutional buying and nouveau riche. The high street, on the other hand, will thrive because of its heritage value.Some retailers' categories such as apparel, accessories, electronics and home lifestyle see high business. Density on high streets, a trend observed in all 29 cities, contributes to higher revenue generation on a per square meter basis for retailers,'' the report said.