New Delhi, Feb. 28 -- India's organised retail sector is experiencing robust growth and is expected to reach USD 230 billion by 2030, driven by increasing disposable incomes and evolving consumer preferences, according to a report released jointly by Deloitte and the Retailers Association of India (RAI) on Thursday.

The report highlights that the sector is currently expanding at a compound annual growth rate of 10 percent.

Several key factors are propelling India's consumption trends, including rising income levels, the growing influence of Generation Z consumers, increased access to credit facilities, and a significant shift towards organised retail channels.

The report emphasises that the wider availability of credit has democratised...