VR Bengaluru: Bringing Change in Bangalore's Shopping Culture
Bangalore, popularly known as the ‘Silicon Valley of India’ due to the presence of major IT companies, comes in one of the top cities in India. A few years back, very few shopping malls were present in the city. But now the city is flooded with malls and shopping centers due to rapid urbanization and fast growth. The mall culture is expected to grow in the coming times. Factors Behind Increasing Shopping Centers Factors attributing to the unprecedented rise in shopping centers culture in Bangalore and across India. Rapid urbanization Increased income Change in lifestyle of the working class Digitization According to industry experts, the Indian retail sector is expected to grow by 60% to reach $1.1 trillion by 2020. Even the government recognized the enormous opportunities in the retail industry and eased the norms for FDI in the retail sector. More Than Just a Shopping Place Malls are not just a shopping destination but a place to ...