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.

Snapshot Showcase Infographics Reports

Last updated: Oct, 2025

Avenue Supermarts

Avenue Supermarts Limited is an India-based company which owns and operates DMart stores. DMart is a supermarket chain that offers customers a range of home and personal products under one roof. Each DMart store stocks home utility products including food, toiletries, beauty products, garments, kitchenware, bed and bath linen, home appliances and others. The company offers its products under various categories, such as bed and bath, dairy and frozen, fruits and vegetables, crockery, toys and games, kid’s apparel, ladies’ garments, apparel for men, home and personal care, daily essentials, grocery and staples, and DMart private label brands. DMart has a presence in over 196 locations across Maharashtra, Gujarat, Daman, Andhra Pradesh, Madhya Pradesh, Karnataka, Telangana, Chhattisgarh, NCR, Tamil Nadu, Punjab, and Rajasthan. The company has multiple stores in cities such as Mumbai, Ahmedabad, Baroda, Bengaluru, Hyderabad, Pune, and Surat.

Company Website

Shoppers Stop

Shoppers Stop Limited is engaged in the business of retailing a range of household and consumer products through departmental stores. Its products include apparels and non-apparels. Its non-apparel category includes cosmetics, personal accessories and leather goods, home wares, electronics, books, and music. The company, through its website, Shoppersstop.com, offers international and national brands in men's, women's and kids’ apparel, gifts and fashion accessories such as ladies watches, men's watches, artificial jewellery, fine jewellery, handbags, fragrances, men's and women's footwear, home furnishing and decor products. It has over six private brands, namely STOP, Kashish, Life, Haute Curry, Velorio Fratini and Elliza Donatein. It offers First Citizen Loyalty Program for customers. Its application is available on Google Play Store and Apple App Store.

Company Website

Aditya Birla Fashion & Retail Limited

ABFRL is a part of the Aditya Birla Group, a fortune 500 worldwide company. The group is supported by a remarkable force of over 140,000 employees from over 100 different nationalities. The company is built on a solid foundation of stakeholder value creation. Today, over 50% of Group revenues flow from overseas operations that span 36 countries in North and South America, Africa and Asia.Company. The company's portfolio of prestigious brands includes Louis Philippe, Van Heusen, Allen Solly, Peter England and Pantaloons. In FY25, company’s revenue stood at Rs. 13,996 crore (US$ 1.64 billion).

Company Website

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