Eternal, Nykaa, Delhivery, IndiaMART flagged as India's retail market races toward Rs 215 trillion by 2035

A BCG-RAI report projects India's retail market more than doubling from Rs 90-95 trillion in 2025 to Rs 210-215 trillion by 2035, powered by supply chains and platforms. Four retail-tech enablers are spotlighted, led by Eternal, whose Q3 FY26 revenue jumped 201.9% YoY to Rs 16,315 crore as quick commerce hit breakeven.

— Filed Thu, 2 Jul, 2026, 05:32 IST · Source Financial Express · BrandWagon · Updated

BCG-RAI report projects India's retail market hitting Rs 215 trillion by 2035, driven by supply chains and platforms. Analysis spotlights four retail-tech enablers—Eternal/Zomato, Nykaa, Delhivery, IndiaMART—with Eternal's quick commerce reaching breakeven in Q3 FY26.