India's retail market to hit Rs 215 trillion by 2035; Eternal, Nykaa, Delhivery, IndiaMART in focus
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. Four retail-tech enablers stand out, led by Eternal (Zomato), whose Q3 FY26 revenue jumped 201.9% YoY to Rs 16,315 crore with net profit up 102.9% and quick commerce nearing breakeven.
BCG-RAI report projects India's retail market to hit Rs 215 trillion by 2035. Article highlights four retail-tech enablers—Eternal/Zomato, Nykaa, Delhivery, IndiaMART—with Eternal's Q3 FY26 revenue surging 201.9% YoY and quick commerce reaching breakeven.