Eternal, Nykaa lead 4 retail-tech stocks to watch as India's market races to Rs 215 trillion by 2035
A BCG-RAI report projects India's retail market to nearly double from Rs 90-95 trillion in 2025 to Rs 210-215 trillion by 2035. Analysts flag Eternal (Zomato), Nykaa, Delhivery and IndiaMART as key enablers, citing quick-commerce breakeven, store expansion and strong Q3 FY26 earnings.
BCG-RAI report projects India's retail market to hit Rs 215 trillion by 2035. Analysis highlights four retail-tech enablers—Eternal (Zomato), Nykaa, Delhivery, IndiaMART—with strong Q3 FY26 earnings, quick-commerce breakeven, store expansion and new formats.