E-commerce Industry in India

Indian ecommerce market could outpace more mature markets to become the third largest market in the world with US$ 350 billion by 2030.

Advantage India

Growing
Demand

*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.

Attractive
Opportunities

*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.

Policy 
support

*100% FDI is allowed in B2B e-commerce.

*100% FDI under the automatic route is permitted in the marketplace model of E-commerce.

Increasing
Investments

*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.

Last updated: Oct, 2022

Major Hubs for Ecommerce

  • Karanataka
  • Delhi
  • Maharashtra
  • Tamil Nadu
  • Andhra Pradesh

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India's E-commerce industry is expected to reach US$ 99 billion in size by 2024

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