India's Retail Market to Double by 2035, Reaching Rs 215 Lakh Crore: Report

• India's retail market is projected to more than double to Rs 210-215 lakh crore by 2035, up from Rs 90-95 lakh crore in 2025.
• Growth is driven by India's economic outperformance and its trajectory to become the world's third-largest economy.
• Success for retailers will depend on combining clear focus, disciplined execution, and AI-led transformation.
• The report, 'Winning Codes for Retail 2035,' highlights the need for retailers to embrace structural changes in consumer engagement, operating models, and talent.
• Generative AI is increasingly influencing research and purchase decisions, with agentic commerce transitioning from experimentation to reality.