India's regional brands to drive USD1.6 trillion retail market by 2030.

 28-Mar-25, Financial Express

India’s retail sector is on a massive growth trajectory, with the market expected to exceed USD1.6 trillion by 2030. Despite this, the sector remains highly fragmented, with regional and unbranded players set to control over 70% of the market.

Image: Financial Express

One of the defining characteristics of Indian retail is the diversity in product preferences, leading to an extensive range of SKUs rquired to meet localised demand. This further underscores the challenge of supply fragmentation, making national-scale expansion difficult for brands. Currently, only around 350 brands in India have crossed the USD100 million revenue mark.

While 'general trade' consisting of small, independent retailers still dominates Indian retail, organised retail is projected to account for over 35% of total retail in India by 2030.  

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 Consumer & Retail insights