New Delhi, Feb. 16 -- India's retail market is on a trajectory to more than double in size, reaching between Rs 210 trillion and Rs 215 trillion by 2035, up from Rs 90-95 trillion in 2025. This growth is being driven by a resilient economy and a sharp rise in digital adoption, according to a new joint report by Boston Consulting Group (BCG) and the Retailers Association of India (RAI).
The report, titled 'Winning Codes for Retail 2035: Capturing the Rs.200 Trillion Prize', was unveiled today at the Retail Leadership Summit 2026 in Mumbai.
India remains one of the world's fastest-growing economies, with a GDP growth rate of 8 per cent in 2025. This economic strength is fueling a massive consumption momentum that puts the country on track...
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