India retail to hit Rs 215 trillion by 2035; Eternal, Nykaa, Delhivery, IndiaMART tipped as tech enablers

A BCG-RAI report projects India's retail market more than doubling from Rs 90-95 trillion in 2025 to Rs 210-215 trillion by 2035, shifting value toward tech platforms. Eternal (Zomato) posted revenue of Rs 16,315 crore (+201.9% YoY) with quick commerce reaching breakeven in Q3 FY26.

— Filed Sun, 5 Jul, 2026, 08:02 IST · Source Financial Express · BrandWagon · Updated

BCG-RAI report projects India's retail market hitting Rs 215 trillion by 2035, shifting value toward tech platforms. Analysis highlights four retail-tech enablers—Eternal, Nykaa, Delhivery, IndiaMART—with Eternal's Q3 FY26 quick commerce reaching breakeven.

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