Which of the following is a Tier 1 Indian retail chain?

Dmart is recognized as a Tier 1 Indian retail chain due to its significant presence and rapid growth in the Indian retail market. This classification is generally given to brands that have established themselves as leaders in the sector, characterized by a vast network of stores, a strong customer base, and a robust brand reputation.

Dmart has successfully positioned itself by offering a wide range of products, including groceries and household items, at competitive prices, which appeals to a broad demographic of Indian consumers. Its business model focuses on delivering value to customers, which enhances customer loyalty and boosts sales, further solidifying its status as a leading retailer in India.

In contrast, the other options listed are global retail giants that do not fall under the Tier 1 category specifically for the Indian market. Walmart, Target, and Costco are primarily US-based retailers with operations in various countries, but they are not categorized as Indian retail chains.