Eternal's Q3 surge resurfaces retail-tech growth story as India eyes a ₹215T market
Resurfacing a December 2025 update: India's retail market is projected to reach ₹210–215 trillion by 2035, up from ₹90–95 trillion in 2025. Eternal, Nykaa, Delhivery and IndiaMART are in focus, with Eternal reporting strong Q3 FY26 growth and further quick-commerce store additions.
India’s retail market could reach Rs 210-215 trillion by 2035. Retail-tech firms Eternal, Nykaa, Delhivery and IndiaMART are highlighted; Eternal reported sharp Q3 FY26 revenue and profit growth, quick-commerce breakeven and over 200 net store additions.
Why this matters
The update follows recent signals on Eternal’s 202% Q3 FY26 revenue increase and quick-commerce breakeven, alongside India’s ₹215 trillion 2035 retail-market projection.
retail-company is accelerating, up 386833% QoQ.