Retail 2025: India Retail Predictions—Midyear Trends Update

Published – July 2025

Uncover the surprising shifts redefining India’s retail landscape in 2025—and what’s coming next.

Read this report to discover answers to these and other questions:

• How is quick commerce expanding into smaller cities, what challenges are emerging as it grows beyond metros and how are legacy players like Reliance disrupting the space?
• How are India’s kirana stores digitally evolving in response to quick-commerce pressures?
• Where are retailers and mall developers focusing their expansion—and what’s driving the boom in Tier 2 and Tier 3 cities?
• What is powering India’s luxury retail surge—and how are global brands investing in this fast-growing market?

Data in this report include: Quick-commerce expansion and profitability metrics; retail leasing activity and mall development in Tier 2/3 cities; GenAI deployment use cases; luxury retail growth forecasts; and consumer demand shifts linked to weight-loss drugs and wellness retail trends.

Introduction

India Retail Predictions Midyear Update: Coresight Research Analysis

1. Quick Commerce Expansion Beyond Metros into Tier 2 and Tier 3 Cities Is Well Underway—But Comes with Growing Pains
2. Quick Commerce Competitive Intensity Is Peaking—Especially from Legacy Players Such as Reliance
3. Kiranas Are Racing to Digital Survival Amid Quick‑Commerce Pressure
4. Retailers and Mall Developers Are Expanding into Tier 2+ Cities
5. AI (GenAI) Is Becoming More Mainstream for Retailers
6. Luxury Retail Revolution: India Takes Center Stage in 2025
7. New for Midyear: Weight-Loss Drugs Are Reshaping Consumer Demand in Indian Retail
8. New for Midyear: Trend-First Commerce Spreads, Moving Well Beyond Fashion

What We Think

• Implications for Brands/Retailers
• Implications for Real Estate Firms
• Implications for Technology Vendors

Notes and Methodology

7-page PDF report

Amazon, Blinkit, Chanel, DLF Retail, DMart, Eli Lilly, Flipkart, H&M, ITC, Jacadi Paris, Jiomart, Maje, Myntra, Novo Nordisk, Qlocktwo, Reliance Retail, Shein, Snitch, Swiggy, Urbanic, Walmart, Yoga Bar, Zepto and Zudio.