As of December 1, 2024, India has 178,946 hardware stores, reflecting a 4.86% increase compared to 2023. Among these, 177,391 stores (99.13%) are independently owned, while 1,555 (0.87%) are part of larger brands. The states with the highest concentration of hardware stores are Uttar Pradesh with 23,740, Maharashtra with 22,541, and West Bengal with 12,654. The average age of hardware stores in India is 3 years and 6 months.
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