Omaxe Chowk to serve as a benchmark for markets asiabulletin.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from asiabulletin.com Daily Mail and Mail on Sunday newspapers.
New Delhi [India], December 21 (ANI/NewsVoir): The vibrant bazaars have been an intrinsic part of India s cultural diversity and heritage. From Chandni Chowk in Delhi, New Market in Kolkata, Crawford Market in Mumbai, Laad Bazaar in Hyderabad to Anjuna Flea Market in Goa; each iconic bazaar has a unique history of its own. Tourists throng these bazaars as visiting these places is a sensory delight and an epitome of India s diversity. India is the home to the world s fourth largest retail that contributes 10% to its GDP and 8% to employment generation. However, approximately 88% of the market is unorganized.
Over the years, the rapid pace of urban development in the past few decades has brought several vagaries-congestion, pollution, traffic snarls, and much more. Such issues have degraded the aesthetics and commuters experiences. Hence most of them are headed towards a complete makeover. The objective of redevelopment is to upgrade the amenities for commuters in tune with moderniza