Retail Industry in India

India’s e-commerce sector is expected to reach US$ 53.08 billion in 2024, with an annual growth rate of 11.45% to reach US$ 91.24 billion by 2029.

Advantage India

Robust
Demand

*Reliance Industries, India’s largest retailer, stated that the country is set to emerge as the world’s third-largest retail market by 2030, supported by government initiatives aimed at enhancing disposable incomes and driving consumption.

*India’s retail sector is on track to exceed Rs. 1,37,10,400 crore (US$ 1.6 trillion) by 2030 from Rs. 81,57,859 crore (US$ 952 billion) in 2024.

*India’s organised retail sector is expanding rapidly. It is projected to reach Rs. 19,70,870 crore (US$ 230 billion) by 2030 from Rs. 11,31,108 crore (US$ 132 billion) in 2024, driven by rising disposable incomes and evolving consumer preferences, according to a Deloitte-Retailers Association of India (RAI) report.

*As of FY25, India’s has the third highest number of e-retail shoppers globally.

Innovation
In Financing

* Collective efforts of financial houses and banks with retailers are enabling consumers to go for durable products with easy credit.

* India’s consumer and retail sector closed 139 deals worth Rs. 32,562 crore (US$ 3.8 billion) in Q1 CY25 marking a 65% surge in deal volume and a 29% rise in value over the previous quarter, led by major deals such as Temasek’s Rs. 8,569 crore (US$ 1 billion) investment in Haldiram’s and Wilmar International’s Rs. 12,339 crore (US$ 1.4 billion) acquisition of Adani Wilmar’s staples business.

Increasing
Investments

* Due to India’s wealth of resources, availability of labor at relatively low costs, and special investment wages such tax breaks, etc., foreign corporations prefer to invest here.

* India’s retail trading sector attracted Rs. 41,645 crore (US$ 4.86 billion) FDIs between April 2000-June 2025.

* In August 2025, Reliance Retail announced plans to invest Rs. 40,000 crore (US$ 4.67 billion) over three years to set up Asia’s largest integrated food parks, leveraging AI, robotics and sustainable technologies to drive its target of Rs. 1,00,000 crore (US$ 11.67 billion) in annual FMCG revenue.

Policy
Support

* To improve the business climate and make it simpler for foreign companies to register fully owned subsidiaries in India, the Indian government has implemented a number of rules, regulations, and policies.​​​

Last updated: Oct, 2025

Posters

MORE
AMONGST THE LARGEST

AMONGST THE LARGEST

India's retail market is the fourth largest globally.

IBEF Campaigns

MORE
Discover India

Discover India

A campaign designed to showcase the country’s rich heritage, vibrant ...

Aatmanirbhar Bharat Utsav 2024

Aatmanirbhar Bharat Utsav 2024

Union Minister of External Affairs, Dr. S. Jaishankar and Union Commerce an...

Case Studies

MORE

Makhana Goes Global: Strategies to Strengthen India’s Export Edge

Makhana Goes Global: Strategies to Strengthen India’s Export Edge

Makhana (Euryale ferox) is emerging as a global superfood owing to its exceptional nutritional and medicinal value. India dominates its production, ac...

India’s Animation & Comic Industry Expansion: The Rise of Indigenous Animated Content and Comic Storytelling

India’s Animation & Comic Industry Expansion: The Rise of Indigenous Animated Content and Comic Storytelling

India’s animation and comic industry is undergoing a dynamic transformation, evolving from a service-based outsourcing hub into a vibrant ecosys...

Driving Global: India’s Rising Passenger Vehicle Exports and its Emergence as an Automotive Export Hub

Driving Global: India’s Rising Passenger Vehicle Exports and its Emergence as an Automotive Export Hub

India’s automotive sector has long been a pillar of its industrial and economic strength. The growing momentum in passenger vehicle exports sign...

IBEF BLOG

MORE
How India is Becoming a Global Leader in Generic Injectables
14 Oct 2025

How India is Becoming a Global Leader in Generic Injectables

India is rapidly evolving into a global hub for generic injectable drugs, d...

Fuelling Fitness: The Rapid Growth of India’s Protein Market
13 Oct 2025

Fuelling Fitness: The Rapid Growth of India’s Protein Market

India is witnessing a nutrition-driven move, with protein supplements becom...

India’s Eco Commitment: Curbing Plastic Use and Advancing a Greener Tomorrow
10 Oct 2025

India’s Eco Commitment: Curbing Plastic Use and Advancing a Greener Tomorrow

Plastic has long been celebrated for its versatility, light weight, flexibi...

Partners
Loading...