* India’s social commerce has the potential to expand to US$16–20 billion in FY25, growing at a CAGR of 55-60%.
* India’s e-commerce market is expected to reach US$ 111 billion by 2024 and US$ 200 billion by 2026.
* In 2022, the Indian ecommerce market is predicted to increase by 21.5%, reaching US$ 74.8 billion.
* India’s e-commerce market is expected to reach US$ 350 billion by 2030.
* 100% FDI is allowed in B2B e-commerce.
* 100% FDI under the automatic route is permitted in the marketplace model of E-commerce.
* The recent rise in digital literacy has led to an influx of investment in E-commerce firms, levelling the market for new players to set up their base, while churning out innovative patterns to disrupt old functioning.
India's E-commerce industry is expected to reach US$ 99 billion in size by 2024
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