Report Reveals 10% of Urban PIN Codes as India's Next Retail Growth Hubs

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India's Next Retail Hotspots: 10% Urban PIN Codes Drive Growth, Says Kearney Report

Cities such as Hyderabad, Pune, Jaipur and Lucknow have climbed the retail potential ladder, aided by infrastructure upgrades, residential development, government initiatives, according to Kearney India report

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Storyboard•17-02-2026, 11:46

India's Next Retail Hotspots: 10% Urban PIN Codes Drive Growth, Says Kearney Report

•Kearney report identifies 10% of urban PIN codes as high-potential retail 'growth hotspots' with strong demand and low organized retail.
•The Kearney India Retail Index (KIRI) 2026 highlights diverse consumption patterns, creating micro-markets needing tailored strategies.
•Report warns against intuition-driven expansion, citing 10-15% store closures in FY25 due to location and demand mismatches.
•Hyderabad, Pune, Jaipur, and Lucknow show significant retail potential growth due to infrastructure and organized retail presence.
•Over 30 'hidden-gem' cities are identified as future organized retail expansion areas, with accelerating demand and lower formal retail.

Read Full Article on Storyboard in English

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