RAI Chairman Kurien pegs Indian retail at $2T in 5 years, organized share to hit $230B
At NERS Guwahati, RAI Chairman Bijou Kurien projected India's retail market reaching $2 trillion within five years, with organized retail climbing to $230 billion or 15% share. He flagged 75% of consumers as digitally influenced, quick commerce now live in 80-90 cities with 15-20 minute delivery, and called out the North East as an emerging retail frontier.
What happened
Retailers Association of India (RAI) · RAI Chairman Bijou Kurien at NERS Guwahati projected Indian retail reaching $2 trillion in five years with organized
Key facts
- $2 trillion total retail in 5 years
- $230 billion organized retail (15%)
- 75% digitally influenced consumers
- 10% CAGR rupee terms
- quick commerce in 80-90 cities
- 15-20 minute delivery
Why this matters
Scout M&A and JV targets in quick commerce platforms, regional chains, and North East retail footprints to front-run the organized-share expansion to 15% over five years.