{"id":120824,"date":"2025-12-05T15:28:13","date_gmt":"2025-12-05T07:28:13","guid":{"rendered":"https:\/\/iqiglobal.com\/blog\/?p=120824"},"modified":"2025-12-09T16:52:20","modified_gmt":"2025-12-09T08:52:20","slug":"india-retail-2025-expanding-scale-and-a-more-global-consumer-base","status":"publish","type":"post","link":"https:\/\/iqiglobal.com\/blog\/india-retail-2025-expanding-scale-and-a-more-global-consumer-base\/","title":{"rendered":"India Retail 2025: Expanding Scale and a More Global Consumer Base"},"content":{"rendered":"\n

Written by Manu Bhazin, Country Head of India<\/em> <\/p>\n\n\n\n

India’s retail industry is undergoing a major transformation, fuelled by rising disposable incomes, rapid urbanisation, a young demographic profile and growing appetite for premium consumer experiences. <\/p>\n\n\n\n

According to BCG–RAI, the retail sector valued at ₹82 lakh crore in 2024<\/strong> is projected to surpass ₹190 lakh crore by 2034<\/strong>, driven largely by the expanding middle-income segment and strong discretionary spending in fashion, F&B, beauty and entertainment. <\/p>\n\n\n\n

On the real estate front, India has added 18.6 million sq. ft. of mall supply in the last five years<\/strong>, bringing Grade A retail stock to 88.7 million sq. ft.<\/strong>, with Mumbai, Delhi-NCR and Bengaluru contributing 63% of this inventory. <\/p>\n\n\n\n

Retail leasing has also remained remarkably resilient, with over 22 million sq. ft. absorbed since 2023<\/strong>, supported by international brand entries, growing retail REIT activity and strong institutional interest. <\/p>\n\n\n\n

At the same time, India’s retail real estate is evolving toward experience-led formats<\/strong>, with new malls becoming larger, averaging over 1 million sq. Ft. and focused on entertainment zones, destination dining, wellness and social experiences. <\/p>\n\n\n\n

This marks a clear shift in consumer behaviour as malls transition from shopping venues to multi-purpose lifestyle destinations. The combined effect of rising demand, sophisticated brands, and modern mall infrastructure signals the emergence of a more competitive and globally aligned retail ecosystem. <\/p>\n\n\n\n

As India enters its next phase of economic rise, its retail landscape is becoming bigger, bolder and more experiential<\/strong>, reflecting the confidence of a young and rapidly growing consumer-driven nation.  <\/p>\n\n\n\n

For more countries updates:<\/a>Download Now!<\/a><\/div>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"

Written by Manu Bhazin, Country Head of India  India’s retail industry is undergoing a major transformation, fuelled by rising disposable incomes, rapid urbanisation, a young demographic profile and growing appetite for premium consumer experiences. According to BCG–RAI, the retail sector valued at ₹82 lakh crore in 2024 is projected to surpass ₹190 lakh crore by 2034, driven largely by the expanding middle-income segment and strong discretionary spending in fashion, F&B, beauty and entertainment. On the real estate front, India has…<\/p>\n","protected":false},"author":41,"featured_media":120796,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","postBodyCss":"","postBodyMargin":[],"postBodyPadding":[],"postBodyBackground":{"backgroundType":"classic","gradient":""},"footnotes":""},"categories":[12507,9207],"tags":[1254,231,476,10268,224],"class_list":["post-120824","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-india","category-newsletter","tag-india","tag-iqi-en","tag-juwai-iqi","tag-newsletter","tag-real-estate"],"yoast_head":"\nIndia Retail 2025: Expanding Scale and a More Global Consumer Base<\/title>\n<meta name=\"description\" content=\"India\u2019s retail sector is rapidly evolving, driven by rising incomes, urbanisation, and demand for premium experiences.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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