Eternal, Nykaa, Delhivery, IndiaMART in focus as India retail eyes Rs 215 trillion by 2035
A BCG-RAI report projects India's retail market nearly doubling from Rs 90-95 trillion in 2025 to Rs 210-215 trillion by 2035, spotlighting four retail-tech enablers. Eternal (Zomato) leads with Q3 FY26 revenue of Rs 16,315 crore, up 201.9% YoY, and quick commerce nearing breakeven.
BCG-RAI report projects India's retail market at Rs 215 trillion by 2035. Article highlights four retail-tech enablers—Eternal (Zomato), Nykaa, Delhivery, IndiaMART—with Eternal's Q3 FY26 showing strong revenue growth and quick commerce breakeven.
Why this matters
A BCG-RAI report frames Eternal (Zomato) as a lead retail-tech enabler for India's Rs 215 trillion retail vision, with Q3 FY26 revenue up 201.9% YoY and quick commerce approaching breakeven.
Retail-company signals accelerating at +811400% QoQ.