Eternal, Nykaa, Delhivery, IndiaMART in focus as India retail eyes Rs 215 trillion by 2035
BCG-RAI projects India's retail market to nearly double to Rs 210-215 trillion by 2035 from Rs 90-95 trillion in 2025. Eternal (Zomato) led the pack with Q3 FY26 revenue up 201.9% YoY to Rs 16,315 crore and net profit up 102.9% to Rs 102 crore, as quick commerce neared breakeven with 200+ net store adds.
India's retail market projected to hit Rs 215 trillion by 2035 per BCG-RAI. Four retail-tech stocks—Eternal/Zomato, Nykaa, Delhivery, IndiaMART—highlighted; Eternal posts strong Q3 FY26 with quick commerce reaching breakeven and 200+ net store adds.