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

A BCG-RAI report projects India's retail market nearly doubling to Rs 210-215 trillion by 2035 from Rs 90-95 trillion in 2025. Four retail-tech names anchor the thesis, led by Eternal (Zomato) — Q3 FY26 revenue up 201.9% YoY to Rs 16,315 crore, net profit Rs 102 crore, with quick commerce reaching breakeven.

— Filed Wed, 1 Jul, 2026, 08:02 IST · Source Financial Express · BrandWagon · Updated

BCG-RAI report projects India's retail market reaching Rs 215 trillion by 2035, highlighting four retail-tech enablers: Eternal (Zomato), Nykaa, Delhivery, and IndiaMART. Eternal's Q3 FY26 saw revenue up 201.9% YoY with quick commerce reaching breakeven.

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