Indian Retail & E-commerce Industry

India ranks among the best countries to invest in the retail space. Factors that make India so attractive include having the second largest population in the world, a rising middle-income class of ~158 households, increasing urbanization, connected rural consumers and increased discretionary spending amongst consumers.

Market Size

  • Market size of India’s E-Commerce sector – USD 55 Bn (Gross Merchandise Value (GMV), 2021).
  • E-commerce constitutes ~7% of the total retail market in India.
  • India currently has the 4th largest retail market in the world

Internet

  • India is currently the 2nd largest internet market with 830 Mn users on a path to become a ....
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