SarchBazar

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
110 of 36
#State / UTPop. (Cr)Spend/Person (₹)Annual GMV (₹ Cr)Monthly GMV (₹ Cr)ShareOnline Low (₹ Cr)Online High (₹ Cr)
01
Uttar Pradesh
24.353,9079,33,67977,80713.34%56,02174,694
02
Maharashtra
12.965,6007,12,26559,35510.18%42,73656,981
03
Tamil Nadu
7.766,8945,24,92143,7437.5%31,49541,994
04
Bihar
13.293,8294,99,29441,6087.13%29,95839,944
05
West Bengal
10.064,3074,25,37735,4486.08%25,52334,030
06
Karnataka
6.916,1304,15,58834,6325.94%24,93533,247
07
Rajasthan
8.395,0234,13,55434,4635.91%24,81333,084
08
Gujarat
7.435,4193,95,42032,9525.65%23,72531,634
09
Madhya Pradesh
94,0203,55,00229,5845.07%21,30028,400
10
Andhra Pradesh
5.375,8743,09,81025,8174.43%18,58924,785

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.

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

India retail captured0.01%
Annual GMV₹699.87 cr
Avg monthly GMV₹58.32 cr
Transaction revenue₹14 cr

Stage 02

Early national scale

India retail captured0.05%
Annual GMV₹3,499.35 cr
Avg monthly GMV₹291.61 cr
Transaction revenue₹69.99 cr

Stage 03

National milestone

India retail captured0.10%
Annual GMV₹6,998.69 cr
Avg monthly GMV₹583.22 cr
Transaction revenue₹139.97 cr

Stage 04

Scaled commerce network

India retail captured0.50%
Annual GMV₹34,993.47 cr
Avg monthly GMV₹2,916.12 cr
Transaction 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.