Indian Economy News

India’s e-commerce to nearly double by 2030 to US$ 300 billion: BCG Report

  • IBEF
  • February 25, 2026

India’s e-commerce industry is expected to grow by a CAGR of ~15-17% to reach Rs. 27.28 lakh crore (US$ 300 billion) by 2030 from 2025, according to a report from Boston Consulting Group (BCG). The sector continues to witness strong growth momentum, supported by increasing smartphone usage, improved digital payment infrastructure, and rising preference for online shopping. The report highlights that the e-commerce ecosystem is expanding rapidly, with more small sellers and businesses leveraging digital platforms to enhance their reach. Furthermore, rising digital literacy and affordable internet access are also driving the adoption of online commerce across the country.

According to the report, the sector is being driven by increasing demand across categories such as electronics, fashion, groceries, and lifestyle products. The expansion of logistics infrastructure, faster delivery systems, and the rise of quick commerce are improving customer experience and boosting transaction volumes. Further, government initiatives promoting digital inclusion, along with the growth of digital payment solutions, are strengthening the overall ecosystem. The sector is also witnessing greater adoption of technologies such as artificial intelligence and data analytics, which are improving efficiency and personalisation. With strong underlying fundamentals, India’s e-commerce market is expected to remain a key driver of digital and economic growth in the coming years.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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