India’s top retailers raise ₹4,000 crore as store expansion reaches four-year high
More Retail, Trent and DMart have raised or approved more than ₹4,000 crore in fresh funding as major retailers accelerate store rollout and omnichannel capacity. The top 10 listed retailers added a net 2,182 stores in FY2025-26, 25% above the previous fiscal.
India’s leading retailers are accelerating physical-store and omnichannel expansion, funded through debt and equity. Reliance Retail, More Retail, DMart and Trent are among companies committing over ₹4,000 crore, while top listed retailers added 2,182 net stores in FY2025-26.
Why this matters
Reliance Retail’s earlier JioMart kirana-led e-commerce expansion and Chennai Netmeds pharmacy store launch show its continued push across omnichannel and physical retail formats.
Store-opening is steady, with 1,402 signals recorded over the past 90 days.