India's retail market to hit Rs 215 trillion by 2035; Zomato, Nykaa among 4 stocks to watch

A BCG-RAI report projects India's retail market doubling from Rs 90-95 trillion in 2025 to Rs 210-215 trillion by 2035. Four retail-tech plays flagged—Eternal (Zomato), Nykaa, Delhivery and IndiaMART. Eternal's Q3 FY26 revenue jumped 201.9% YoY to Rs 16,315 crore with quick commerce hitting breakeven.

— Filed Fri, 10 Jul, 2026, 18:16 IST · Source Financial Express · BrandWagon · Updated

India's retail market projected to hit Rs 215 trillion by 2035 per BCG-RAI report. Four retail-tech stocks flagged—Zomato/Eternal, Nykaa, Delhivery, IndiaMART. Eternal's Q3 FY26 revenue rose 201.9% with quick commerce reaching breakeven.