Eternal leads retail-tech watchlist as India’s retail market eyes ₹215 tn by 2035
India’s retail market is projected to grow from an estimated ₹90–95 trillion in 2025 to ₹210–215 trillion by 2035. Financial Express flags Eternal, Nykaa, Delhivery and IndiaMART as retail-tech plays; Eternal reported Q3 FY26 revenue growth of 201.9% year on year.
India’s retail market could reach Rs 210-215 trillion by 2035. Eternal, Nykaa, Delhivery and IndiaMART are highlighted as retail-tech plays; Eternal reported strong Q3 FY26 growth, quick-commerce breakeven and over 200 net store additions.
Why this matters
The signal extends recent coverage of Eternal, Nykaa and Delhivery gaining as India’s retail market targets ₹215 trillion by 2035, while adding Eternal’s 201.9% Q3 FY26 revenue growth.
retail-company is accelerating, up +1007200% QoQ.