FY2026-27 · State-Wise Commerce Sizing

India's Household Commerce Opportunity, Mapped State By State.

State-wise estimates of India's household retail demand - know the market, and the timing.

Consumer-commerce pool₹116.64L cr
Retail-goods GMV₹69.99L cr
Monthly average₹5,83,225 cr
Top 10 states' share71.2%
Largest opportunityUttar Pradesh
How this is Calculated
India map with state-wise commerce data visualization

At a Glance

India's Consumer Spend, Simplified

A household-spend model focused on real consumer spending - not broader industry turnover.

India Consumer- Commerce Pool

₹116.64L Cr

Annual household spend, every state and UT.

India Consumer- Commerce Pool

Household Retail-Goods GMV

₹69.99L Cr

Average ₹5,83,225 cr per month.

Household Retail-Goods GMV

Largest Single Opportunity

Uttar Pradesh

₹9,33,679 cr - 13.34% of India alone.

Largest Single Opportunity

Madhya Pradesh retail GMV

₹3,55,002 Cr

India Ranks #9 of 36

Madhya Pradesh retail GMV

State & Union Territory Ranking

Where India's Retail Spend Sits

The top 10 of 36 states and UTs account for 71.2% of India's total retail GMV.

Total Retail GMV₹69.99L cr
71.2%of India's market
1–10 of 36
#State / UTPop. (Cr)Spend/Person (₹)Annual GMV (₹ Cr)Monthly GMV (₹ Cr)ShareOnline Low (₹ Cr)Online High (₹ Cr)
01
Uttar Pradesh
24.35₹3,907₹9,33,679₹77,80713.34%₹56,021₹74,694
02
Maharashtra
12.96₹5,600₹7,12,265₹59,35510.18%₹42,736₹56,981
03
Tamil Nadu
7.76₹6,894₹5,24,921₹43,7437.5%₹31,495₹41,994
04
Bihar
13.29₹3,829₹4,99,294₹41,6087.13%₹29,958₹39,944
05
West Bengal
10.06₹4,307₹4,25,377₹35,4486.08%₹25,523₹34,030
06
Karnataka
6.91₹6,130₹4,15,588₹34,6325.94%₹24,935₹33,247
07
Rajasthan
8.39₹5,023₹4,13,554₹34,4635.91%₹24,813₹33,084
08
Gujarat
7.43₹5,419₹3,95,420₹32,9525.65%₹23,725₹31,634
09
Madhya Pradesh
9₹4,020₹3,55,002₹29,5845.07%₹21,300₹28,400
10
Andhra Pradesh
5.37₹5,874₹3,09,810₹25,8174.43%₹18,589₹24,785

Source: India state commerce sizing model — HCES MPCE, projected 2026 population, residence-mix assumptions. A prioritisation ranking, not audited revenue.

Regional & Seasonal Shape

Where And When Demand Happens

See how ₹69.99L Cr in retail spending is distributed across regions and changes throughout the year.

Total Retail GMV₹69.99L cr
71.2%of India's market

Retail GMV by region

North₹21,35,338 cr30.51%
South₹17,78,319 cr25.41%
East₹12,41,957 cr17.75%
West₹11,31,019 cr16.16%
Central₹4,54,803 cr6.50%
Northeast₹2,53,321 cr3.62%
Islands₹3,938 cr0.06%

Top 2 regions (North + South) contribute 55.9% of India's household retail demand.

Monthly retail GMV, national

Share of the annual total, by month.

October is the festive peak — ₹7,34,863 cr, ~40% above the Feb low.

State Commerce Opportunity Explorer

Pick A State, See Its Opportunity

All 28 states and 8 Union Territories, one consistent dashboard - annual market, monthly demand and SarchBazar revenue potential.

State commerce opportunity explorer illustration
Select state or Union Territory
State · Central India
Rank #9 of 36
Annual retail GMV📊
₹3.55 L Cr
Monthly average📅
₹29,584 Cr
Consumer pool👥
₹5.92 L Cr
Online opportunity (6–8%)🛒
₹21,300 – 28,400 Cr
India retail share🇮🇳
5.07%

Month-wise retail opportunity

View: Retail GMV (Cr)
₹26,625
Apr
₹27,335
May
₹26,270
Jun
₹26,980
Jul
₹28,400
Aug
₹29,110
Sep
₹37,275
Oct
₹35,500
Nov
₹31,240
Dec
₹29,820
Jan
₹28,400
Feb
₹28,045
Mar

SarchBazar capture scenarios

(GMV, revenue at 2% take rate)
0.01% capture
₹36 CrRev ₹1 Cr
0.05% capture
₹178 CrRev ₹4 Cr
0.10% capture
₹355 CrRev ₹7 Cr
0.50% capture
₹1,775 CrRev ₹36 Cr

At 0.10% capture, Madhya Pradesh represents roughly ₹355 Cr annual platform GMV and ₹7 Cr gross transaction revenue at a 2% take rate.

State market profile

Population 2026
Population 20269.00 Cr
Weighted MPCE
Weighted MPCE₹4,020/mo
Rural share
Rural share72.4%
Urban share
Urban share27.6%
Rural MPCE
Rural MPCE₹3,441
Urban MPCE
Urban MPCE₹5,538

SarchBazar Capture Economics

The Value Of Capturing The Market

See how SarchBazar's GMV and revenue grow as it captures 4 different shares of the ₹69.99L Cr market.

Stage 01

Pilot network

The starting point - a small, focused vendor and buyer base.

0.01%of India retail
India retail captured0.01%
Annual GMV₹699.87 Cr
Monthly GMV₹58.32 Cr
Revenue₹14.00 Cr

Stage 02

Early national scale

Live in more cities and building repeat usage.

0.05%of India retail
India retail captured0.05%
Annual GMV₹3,499.35 Cr
Monthly GMV₹291.61 Cr
Revenue₹69.99 Cr

Stage 03

National milestone

A recognized, major player in India's online commerce.

0.10%of India retail
India retail captured0.10%
Annual GMV₹6,998.69 Cr
Monthly GMV₹583.22 Cr
Revenue₹139.97 Cr

Stage 04

Scaled commerce network

A large, established network across most of the country.

0.50%of India retail
India retail captured0.50%
Annual GMV₹34,993.47 Cr
Monthly GMV₹2,916.12 Cr
Revenue₹699.87 Cr

Method & Confidence

How This Was Built, And Where It Could Be Wrong

Methodology illustration with data sources, census data, and population projections

Method, in short

  • Covers all 28 states + 8 UTs, using 2023–24 rural/urban MPCE, 2026 projected population and 2011 Census residence mix.
  • One national growth factor applied through FY2026–27; retail goods set at 60% of household spend.
  • 2011 is the latest full Census, so fast-urbanising states may be understated - use this to prioritise, not as audited revenue.