Eternal, Nykaa lead 4 retail-tech stocks to watch as India retail heads to Rs 215 trillion by 2035
A BCG-RAI report projects India's retail market growing from Rs 90-95 trillion in 2025 to Rs 210-215 trillion by 2035. Four enablers—Eternal (Zomato), Nykaa, Delhivery and IndiaMART—stand out, with Eternal's Q3 FY26 revenue up 201.9% YoY to Rs 16,315 crore, net profit at Rs 102 crore, and Blinkit reaching breakeven.
BCG-RAI report projects India's retail market reaching Rs 215 trillion by 2035, driven by supply chains and digital platforms. Analysis highlights four retail-tech enablers—Eternal, Nykaa, Delhivery, IndiaMART—with Eternal's quick commerce reaching breakeven in Q3 FY26.