INDIA’S E-COMMERCE MARKET IS EXPECTED TO REACH $120 BILLION BY 2025

INDIA'S E-COMMERCE MARKET IS EXPECTED TO REACH $120 BILLION BY 2025
Photo courtesy: Swarajyamag

India’s e-commerce growth slowed dramatically in 2020, but the estimation for this year, as well as forecasts through 2022, suggest a strong increase before levelling off in 2025. According to research from GlobalData, a London-based data and analytics firm, e-commerce sales will expand at a compound annual growth rate (CAGR) of just over 18 per cent to reach $120.1 billion (8.8 trillion in Indian rupees) between 2021 and 2025.

Read more at: https://swarajyamag.com/business/indias-e-commerce-market-is-expected-to-reach-120-billion-by-2025-report

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  • 15 Jul 2021
  • WerIndia

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