Four retail-tech stocks in focus as India's retail market races toward Rs 215 trillion by 2035

A BCG-RAI report projects India's retail market to more than double to Rs 210-215 trillion by 2035 from Rs 90-95 trillion in 2025. Analysts flag Eternal (Zomato), Nykaa, Delhivery and IndiaMART as key enablers. Eternal's Q3 FY26 revenue surged 201.9% YoY to Rs 16,315 crore, with quick commerce hitting breakeven.

— Filed Mon, 13 Jul, 2026, 23:41 IST · Source Financial Express · BrandWagon · Updated

BCG-RAI report projects India's retail market to hit Rs 215 trillion by 2035. Analysis flags four retail-tech enablers—Eternal/Zomato, Nykaa, Delhivery, IndiaMART. Eternal's Q3 FY26 revenue surged 201.9% YoY; quick commerce reached breakeven with margin improvements.

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