Our aim is to focus not only on Make in India but Make for The World: Annpurna Devi, Minister of Women Development & Child Development, GoI
August 20, 2025
India’s US$1.06 trillion retail sector set to reach $1.93 trillion by 2030: FICCI- Deloitte report
NEW DELHI, 20 August 2025: Ms Annpurna Devi, Minister of Women Development & Child Development, Govt of India today said that we are witnessing the growth in Indian economy through various government policies and initiatives aimed at achieving the vision of Viksit Bharat. This ranges from mobile to automobiles, ships to semiconductor chips. “Our aim now is now just on Make in India but on Make for the World,” she added.
Addressing the FICCI MASSMERIZE 2025, Ms Devi while speaking on the digital innovation stated that as per IMF report, India’s UPI has now become world’s first real time payment system with 7 countries already adopting it. She stated that the government is working on the Next Gen Reforms which will also give Ease of Living, Ease of Doing Business. The Prime Minister, she added, has always considered women as one of the most important pillars for inclusive development. “If India has to move forward, we have to ensure that no woman or child is left behind,” noted the Minister.
Ms Devi stressed that through FMCG, retail and e-commerce, new paths are being opened for Self-Help Groups which is generating new employment opportunities through imagination, innovation and creation which are shaping the future of India. There is a need to work on women empowerment and gender equality to ensure inclusive growth, she emphasized.
We further urged the industry to focus on taking inclusive development and innovation to rural areas through their CSR initiatives so that the Corporate Social Responsibilty becomes Collective Social Responsibility, noted the Minister.
Mr Kumar Venkatasubramanian, Chair, FICCI FMCG Committee & CEO and MD, P&G India said that India has witnessed transformative strides in both policy and impact. The Union Budget 2025–26 allocated nearly 37 per cent higher funding toward welfare for women and children—a resounding statement of national intent and investment in future generations.
Ms Jyoti Vij, Director General, FICCI said that FICCI is fully committed towards women-led development. The public and private sectors can work together to actualize the vision of women-led development, she added.
FICCI-Deloitte Report – ‘Spotting India’s PRIME innovation moment’ was released during the event.
Highlights of the Report:
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India’s US$1.06 trillion retail sector set to reach $1.93 trillion by 2030
• Online retail in India will grow from US$75 billion in 2024 to US$260 billion by 2030, expanding its share from 7 per cent to 14 per cent of total retail. • Gen Z will account for 43 per cent of India’s total consumption in 2025, with a direct spending power of US$250 billion. • Tier II and III cities now account for over 60 per cent of all e commerce transactions in India. • Quick commerce in India, already operating in 80+ cities, is growing at 70–80 per cent CAGR, which is the fastest in the world. |