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- In 2020 and 2021, online retail gained traction in India amid COVID-19 restrictions and lockdowns. This growth is set to continue: Key factors are ease of use and convenience; wider adoption of digital payments; purchases of goods in nonstandard categories (like grocery) online; and an increase in buyers outside of the large metro areas.
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Aug 17, 2021 · The India e-retail market is expected to grow at 25%–30% annually over the next five years to reach $120–140 billion by FY26, which is higher than Modern Trade. Small-town India will fuel this growth, accounting for four of every five new shoppers.
Despite recent digital shifts in India’s retail sector and pandemic-related updrafts have boosted e-commerce adoption among both consumers and enterprises. In order to simulate human-to-human...
Mar 15, 2022 · Overall, we expect the Indian market to grow at a compound annual rate of 19.8% to reach US$85.5 billion by 2025. This report discusses key activities in India’s online retail market and outlines what marketplaces and brands can expect in 2022 and beyond.
Aug 17, 2021 · The Indian e-retail market saw a 25 per cent growth in FY21 despite the two-month national lockdown and multiple prolonged disruptions in regional pockets over the year, as per a report...
Dec 1, 2022 · These marketplaces will be creating $400–$500 billion in enterprise value, contributing more than 5% to India’s GDP, enabling more than 15 million micro, small, and medium enterprises (MSMEs) to grow their businesses online, and creating 7 million jobs by 2027.
Jun 30, 2021 · India’s retail eCommerce sales is projected to go as high as $145 billion by 2025, clocking 25.1% CAGR between 2021 and 2025. In spite of all impressive figures of sales and yearly growth rate, eCommerce would account for just 10.3% of India’ total retail sales by 2025.