Eternal, Nykaa and Delhivery growth resurfaces as India retail heads toward ₹215 trillion
Resurfacing a January 2026 report: India’s retail market could reach ₹210–215 trillion by 2035, against ₹90–95 trillion in 2025. Q3 FY26 updates pointed to momentum across quick commerce, beauty omnichannel and logistics: Eternal reported 201.9% revenue growth, Nykaa grew revenue 27%, and Delhivery service revenue rose about 18%.
India’s retail market is projected to reach Rs 210-215 trillion by 2035. Eternal, Nykaa, Delhivery and IndiaMART illustrate the retail-tech shift through quick-commerce breakeven, beauty-store expansion, B2B reach and logistics infrastructure growth.
Why this matters
The signal extends recent coverage of Eternal’s 202% Q3 revenue jump and improving quick-commerce margins, alongside reports that India retail could reach ₹210–215 trillion by 2035 and that Eternal, Nykaa and Delhivery were gaining.
retail-company is accelerating, up 976800% QoQ.