In the next four years, organised retail in India will receive investments in excess of $25 billion from 40 players, taking the size of modern retail to $75 billion by 2011, according to estimates provided by Technopak.

The investments include the supply chain, but exclude real estate component.

"The big players include Reliance Retail, Bharti-Wal-Mart, AV Birla Group, Future group and the money that will be pumped in by Tesco's and Carrefour when they enter India. While ITC and Godrej have not formally announced any new retail plans, we are speculating that in the next five years these two companies will be investing heavily into retail," said Arvind Singhal, chairman, Technopak.

These investments imply that share of organised retail will grow from the present 3 percent to approximately 15-18 percent in 2011-12.

"India is attempting to do what in 10 years what took 25-30 years in other major markets in world," said Singhal in a presentation.

Of the $25 billion investment, approximately 60-65 percent is expected to be from the domestic retailers.

The organised and unorganised retail market is presently worth $300 billion and is projected to grow to $427 by 2010 and $637 by 2015.

Food and grocery, which makes up about 55 percent of the entire retail market is expected to receive almost 60-65 percent of the investments.