India’s e-com market to rise to $550 bn by 2035: Report
The Indian e-commerce sector’s market size is projected to rise over four times to $550 billion by 2035, growing at a CAGR of 15 per cent, while the country’s retail market may reach $2,500 billion in ten years, with a CAGR of 6 per cent, a recent report has revealed. The share of organised retail is projected to increase from 12 per cent in 2023 to 17 per cent by 2035.
The Indian e-commerce sector’s market size is projected to rise over four times to $550 billion by 2035, growing at a CAGR of 15 per cent, while the country’s retail market may reach $2,500 billion in ten years, with a CAGR of 6 per cent, a recent report has revealed.
The share of organised retail is projected to increase from 12 per cent in 2023 to 17 per cent by 2035.
