New Delhi, July 28 -- India's e-commerce sector is set for significant growth in the coming years, according to a report by McKinsey & Company.

The report noted that only 20-25 per cent of India's 850 million internet users shop online. This is much lower as compared with mature markets like the United States and China, where over 85 per cent of internet users make purchases online.

The report said, "Out of the country's 850 million internet users, only about 20 to 25 per cent shop online".

The report also highlighted that India has seen a strong rise in e-commerce activity over the past few years.

The country is not just catching up as a fast adopter of online shopping but is also emerging as an innovator in the field. This is especi...