Kearney highlights that close to 100 underserved neighborhoods in India’s major metropolitan areas are set for a significant retail expansion, particularly in cities like M…
The upcoming retail opportunities in India focus less on city selection and more on pinpointing the right neighborhoods. The Kearney India Retail Index 2026 indicates that nearly 100 hyperlocal growth areas in the eight largest metros are underdeveloped, representing about 10% of the metro PIN codes. The report emphasizes that the most lucrative strategies now lie in these neglected regions rather than in overpopulated high streets.
In addition to the metros, the Kearney India Retail Index 2026 has recognized numerous burgeoning towns displaying strong consumer demand, fueled by advances in infrastructure, industry, tourism, and urban development. Swipe to discover the notable new entries in this year’s index. Check if your city is listed!
Mohali in Punjab has been included in the 2026 index as activities grow in IT, healthcare, and services. This report also notes significant private investment, including a planned ₹2,000 crore shopping mall, contributing to the city’s urban development.
In Kerala, Palakkad earns a spot on the list due to the ₹3,600 crore Palakkad Industrial Smart City initiative. The project is anticipated to generate over 50,000 jobs, bolstering the local employment landscape.
The city of Tirupati is recognized for advancements in airport infrastructure and ongoing modernization of its religious sites. The report also mentions investments related to the Tirupati Smart City Project as well as a ₹600 crore tourism and hospitality initiative that commenced in 2025.
Shivamogga in Karnataka has been recognized following the opening of Shivamogga Airport in 2023, enhancing connectivity in the area. The report indicates that the airport has facilitated increased passenger movement and improved access to the city over the last two years.
Bathinda is among the newly highlighted areas as industrial investments ramp up. The report notes HMEL’s planned ₹2,600 crore refinery expansion, anticipated to bolster the city’s industrial workforce and economic base.