EMIS Emerging Market Information Service India Retail Sector | Page 4

I. Retail Sector Overview

India’s fiscal year runs from Apr 1 to March 31. Thus, FY 2013 (also called fiscal 2013) means Apr 1, 2012 – Mar 31, 2013. In Indian documents, FY (fiscal) 2013 is also labeled FY12-13.
The remaining nine months of calendar 2013, i.e. Apr-Dec, belong to fiscal year 2014.
In order to better align with calendar years and make international comparisons more meaningful, in the Major Players section of th