Massive Growth Expected in Retail Sector by 2035

India’s retail sector is growing at a fast pace and is expected to see massive expansion in the coming years. According to a joint report by Boston Consulting Group and Retailers Association of India, the retail market, which is currently valued between ₹90 lakh crore and ₹95 lakh crore in 2025, is projected to reach around ₹210 lakh crore to ₹215 lakh crore by 2035. This shows that the sector is likely to more than double in size within a decade.

The report also highlights that no other country is expected to witness such a high growth rate in retail during this period. India’s vision to become a developed nation by 2047 is expected to support this growth. However, the report clearly states that the success of retail businesses will depend on proper planning, disciplined execution and a clear understanding of key focus areas.