India emerges as global e-commerce powerhouse: Projected to surpass USD 800 billion digital economy by 2030
New Delhi, April 27 -- The e-commerce market in India is expected to skyrocket to USD 325 billion by the same year, with the digital economy reaching a staggering USD 800 billion.
According to Invest India, with 881 million users, India has the 2nd largest Internet user-base globally, and set to become the 3rd largest online retail market by 2030.
India is on the trajectory to become a global e-commerce powerhouse by 2030, fueled by a burgeoning digital economy and a rapidly expanding internet user base.
The future scenario paints a picture of India leading the charge in online shopping, with an estimated 500 million shoppers by 2030.
Currently, India's e-commerce sector stands at a market size of USD 70 billion, constituting around 7...
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