PwC: Organised retail to hit 30% of India's $1.8 trillion market by FY30
PwC India projects organised retail will capture 30% of a $1.8 trillion market by FY30, propelled by e-commerce and quick commerce, which grew 73% in FY24. Traditional retailers are expected to modernise and adopt digital channels as overall retail spending rises 9-10% annually.
PwC projects India's organised retail to reach 30% of a $1.8 trillion market by FY30, driven by e-commerce and quick commerce growth, with traditional retailers expected to modernise and adopt digital channels.
Why this matters
PwC India's projection signals a structural shift in Indian retail, with organised and digital channels gaining share as traditional players digitise to keep pace with 9-10% annual spending growth.
Retail-company theme accelerating, up 417800% QoQ.