Growth of E-commerce Industry in India - Infographic

The Indian e-commerce market is expected to have a gross merchandise value of 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.

* India has gained 125 million online shoppers in the past three years, with another 80 million expected by 2025.

* India's Business-to-Business (B2B) online marketplace would be a US$ 200 billion opportunity by 2030.

Attractive
Opportunities

* In 2022, the Indian ecommerce market was 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.

* Indian e-commerce is expected to grow at a compound annual growth rate (CAGR) of 27% to reach US$ 163 billion by 2026.

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: Feb, 2024

Major Hubs for E-commerce

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

IBEF Campaigns

MORE
Gulfood Dubai 2023

Gulfood Dubai 2023

APEDA India Pavilion Gulfood February 20th-26th, 2022 | World Trade Centre,...

India Organic Biofach 2022

India Organic Biofach 2022

Ibef Organic Indian Pavilion BIOFACH2022 July 26th-29th, 2022 | Nuremberg, ...

Case Studies

MORE

Promoting Indigenous Start-ups: Case Study of Investor Interest in Small-town Start-ups

Promoting Indigenous Start-ups: Case Study of Investor Interest in Small-town Start-ups

As urban markets become saturated, investors are turning their gaze towards the untapped potential of small-town innovation, driven by a desire to fos...

India's White Revolution

India's White Revolution

The "White Revolution" in India refers to the successful implementation of Operation Flood, a dairy development program launched on January ...

The Growth of Ayurveda in India

The Growth of Ayurveda in India

Ayurveda, an ancient health system originating from India, has a longstanding history. It revolves around using plants and herbs to maintain health an...

IBEF BLOG

MORE
India's Solar Power Revolution
10 Apr 2024

India's Solar Power Revolution

India is leading the renewable energy revolution, with a strategic emphasis...

Empowering MSMEs: Fintech Solutions for Small Businesses in India
10 Apr 2024

Empowering MSMEs: Fintech Solutions for Small Businesses in India

Micro, small, and medium enterprises (MSMEs) are the backbone of the Indian...

Unlocking India's Digital SME Credit Gap and Economic Potential
2 Apr 2024

Unlocking India's Digital SME Credit Gap and Economic Potential

The Indian economy thrives on the contributions of the Micro, Small, and Me...

Partners
Loading...