Four retail-tech stocks to watch as India's retail market races toward 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, with Eternal's Q3 FY26 revenue up 201.9% YoY and quick commerce hitting breakeven.
BCG-RAI report projects India's retail market to hit Rs 215 trillion by 2035. Analysis covers four retail-tech enablers—Eternal/Zomato, Nykaa, Delhivery, IndiaMART—with Eternal's Q3 FY26 revenue up 201.9% and quick commerce reaching breakeven.