Zomato to Nykaa: 4 retail tech stocks to watch as India’s retail market hits Rs 215 trillion

India’s retail market is growing at a strong pace. It is expected to reach around Rs 210–215 trillion by 2035, up from about Rs 90–95 trillion in 2025. This growth is supported by steady consumption and GDP expansion. The estimates come from a joint report by Boston Consulting Group and the Retailers Association of India.

As this market expands, the way people shop is also changing. Consumers are comparing prices, expecting faster delivery, and looking for better experiences. This shift is pushing companies to invest more in technology, logistics, and digital platforms. As a result, businesses that enable retail, rather than just sell products, are seeing rising relevance and growth.

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