India retail market seen at Rs 215 trillion by 2035; Eternal, Nykaa, Delhivery, IndiaMART in focus
A BCG-RAI report projects India's retail market to more than double from Rs 90-95 trillion in 2025 to Rs 215 trillion by 2035. Four retail-tech enablers are flagged as beneficiaries, led by Eternal (Zomato), whose Q3 FY26 revenue jumped 201.9% YoY to Rs 16,315 crore with quick-commerce nearing breakeven.
India's retail market projected to hit Rs 215 trillion by 2035 per BCG-RAI report. Article spotlights four retail tech enablers—Eternal/Zomato, Nykaa, Delhivery, IndiaMART—detailing Eternal's Q3 FY26 quick-commerce breakeven and strong revenue growth.