Top Retail Brands in India

About Retail Industry in India

The Indian retail industry has brought a vast range of various items of daily needs under one roof. One can now buy quality consumer goods like clothes, footwear, watches, fashion accessories, books, stationery items, beauty and health care products, home appliancṣes, consumer durables, home furnishings, jewellery, food items, beverages and many more at the right price in a classy ambience. All the retail brands do not house every item though. This industry has changed the mindset and lifestyle of the bourgeoisie.

About Retail Brands in India

There are a large number of outlets of several famous national as well as international retail brands. Day by day, the increasingly organised lifestyle of Indian people is leading to the setting up of more retail outlets in the country. However, the Indian retail market is said to be a bit unorganised. Much more stress on selling brands is required from retailers. With the involvement of some of the renowned business tycoons like Goenka, Piramal, Raheja and Tata, several supermarkets, stores for office equipment, self-service stores and many such stores have been set up in the country. In a very short period, the Indian retail industry has witnessed the establishment of numerous retail outlets. In this present competitive market, all the retail brands try hard to compete with each other in terms of core competencies as well as branding strategies. Characterised by consistency, popularity and value addition, various retail brands available in India aim at establishing a long-lasting relationship with customers, thus doing one-to-one marketing. India’s retail market size is estimated to be worth $822 Billion by 2022. The market is growing at a CAGR of 20% as of 2020.

List of Top Retail Brands in India

The top retail companies/brands in terms of their market capitalisation in India are as follows:

Future Retail

Future Retail is an Indian retail giant with a prodigious presence in the Indian market. The company was founded under the name 'Manz Wear Private Ltd.' in 1987 and came to be known as 'Pantaloons Fashion (India) Ltd.' in 1991. Future Retail is the flagship unit of the Future Group headquartered in Mumbai, Maharashtra. Popular retail supermarket chains like Food Bazaar, Big Bazaar, Food Hall and eZone belong to the Future Group. It has over 2000 stores in over 400 different cities. The company’s estimated revenue is RS. 22,225 crores. It is the second-largest retail company in India as of 2020. The most popular brands under the Future group are big bazaar clothing lines and home goods sections.

Trent

Trent is the retail wing of the Tata Group that handles some of the most popular retail outlets in India such as Westside, Landmark and Star Bazaar to name a few. Trent was founded in 1998 and is headquartered in Mumbai, Maharashtra. The Westside retail chain has become so familiar and popular amongst Indian people that Trent is often referred to as Westside. The estimated revenue of Trent is around RS. 2,708 Crores. Westside is one of the most sought after stores for everyday clothing, footwear, accessories and home décor as well. The supermarket contains everything from Indian snacks, popular beverages to healthy diet foods and daily groceries. Some retail stores even carry fresh groceries.

Shoppers Stop

Shoppers Stop is an Indian retail company founded in 1991. It opened its first store in Andheri, Mumbai, Maharashtra. The company is promoted by the K. Raheja Group and operates a chain of retail hypermarket stores, departmental stores and an online retail store that was launched in 2008. The name ‘Shoppers Stop’ is famous for both domestic and international brands like Tommy Hilfiger, FCUK, Mustang, United Colors Of Benetton, GAS, US Polo, Celio, Levis, Jack and Jones, Haute Curry, Biba, Kraus, Vero Moda, Global Desi, W, Maybelline, Casio, Titan, Collectabillia, Reebok, Nike and Guess. The market capitalisation of Shoppers Stop was estimated at around Rs. 3,522 Crores as of 2020. It has around 220 stores in over 39 cities in India. Shoppers Stop’s estimated revenue is RS. 3,487 crores.

Kewal Kiran

Kewal Kiran is one of the largest manufacturers of branded apparel in India and was established in 1992. It started as a manufacturer of men's wear for reputed brands. Kewal Kiran, also known as KKCL, is involved in designing, marketing, manufacturing casual and semi-formal men's wear and branded jeans. Kewal kiran has various in house fashion brands namely Killer, Integrity, LawmanPg3, K-lounge and Addictions. They have over 330 stores in 25 states. The company prides itself on their environment-friendly manufacturing technology that produces clothes that are comfortable and consumer-friendly. Their annual revenue for 2019-2020 was RS. 529.67 crores.

Aditya Birla Fashion & Retail Ltd

Aditya Birla fashion represents India’s popular and iconic brands such as Louis Phillippe, Van Heusen, Allen Solly and Peter England, all leading brands in the Indian retail market. Aditya Birla Fashion promises a unique style with high-quality materials and customer satisfaction. In 2013 they started the ‘ReEarth – For Our Tomorrow' mission for a sustainable clothing future that is high fashion as well as eco friendly. They have over 3000 stores in India. The revenue for 2020 was RS. 5,249 crores.

Infinity Retail

Infiniti retail is a leading consumer durables and electronics (CDE) retailing company. Its brand name is Croma. It is a non-government company and works as a 100% subsidiary of the TATA group. It contains over 6,000 products across 200 brands. Croma has 150+ stores across 50 major cities. It is India’s only omnichannel electronics retailer that sells chain-wide inventory in every store.

V-Mart Retail

V-Mart Retail is also one of the leading retail clothing chains in India that promises its customers ‘Value for Money. The company was established in 2002 and was known as Varin Commercial Private Limited. It is a complete family fashion retail outlet offering a wide range of products under one roof. All the shopping needs from a family perspective are catered to by the V-Mart retail outlets. In May 2015, the market capitalisation of V-Mart Retail amounted to Rs. 1,674 crore as of 2020.

Avenue Supermarts

Known for its one-stop supermarket chain – Dmart, Avenue Supermarts offers a wide range of products ranging from personal grooming products to kitchenware all under one roof. The first store of DMart was launched in 2002 in Powai by Mr Radhakrishan Damani to fulfil all the needs of growing Indian families. Today DMart has over 190 stores across India. It has a market capitalization of 144,023 crores.

Reliance Retail

Reliance Retail is the largest retailer in India across all categories such as scale, revenue, profitability. It holds prestigious positions across food, electronics and fashion retailing. Reliance retailers have over 10,415 stores making it one of the most extensive store networks in India. It is the first Indian retailer to cross the Rs 1,00,000 crore turnover mark. It had estimated revenue of Rs 1,30,566 crore in 2020. It is one of the most popular outlets for home furnishings, clothing, cosmetics and groceries.

Provogue

Provogue is one of the leading and most popular retail clothing and accessories manufacturers in India. It was founded in 1997 and is based in Mumbai, Maharashtra. It has grown to be one of the most favourite fashion outlets for Indian men and women alike as it caters to all their daily styling requirements. Provogue outlets store the latest fashion apparel, shoes, bags and other accessories. The company has added a wide range of stylish and branded sunglasses, watches and unisex deodorants to its already rich collection of late. The total income of Provogue for 2019 was Rs. 9,758.85 lakhs.

Last Updated on August 19, 2021