The forecasted Gross Value Added (GVA) for Wholesale and Retail Trade, Transport, Accommodation, and Food Service Activities in India trends upwards from 2024 to 2028, starting at 34.099 trillion INR in 2024 and reaching 37.964 trillion INR in 2028. In 2023, the GVA stood at approximately 33.183 trillion INR. The year-on-year growth rates show an increasing but moderate trend, with an average annual growth rate (CAGR) of around 2.70% over the forecast period.

Future trends to watch for include:

The impact of digital transformation and online retail expansion on traditional trade sectors.
Recovery and growth in tourism affecting accommodation and food services.
Infrastructure developments improving logistics and transport efficiency.
Regulatory changes and economic policies that could influence sectorial growth.