Home  >>  News  >>  India's E-Commerce Growth Slows but Future Looks Bright
India's E-Commerce Growth Slows but Future Looks Bright

India's E-Commerce Growth Slows but Future Looks Bright

India’s e-commerce market is booming, reaching around $60 billion, but growth has slowed to 10-12% from historical rates of 20%. Factors like high inflation and stagnant wages have impacted consumer spending. Despite these challenges, experts believe the sector will rebound, especially from 2025. Key growth areas include quick commerce, fashion-focused online shopping, and low-cost products. By 2030, e-retail is projected to grow to $170-$190 billion, with significant contributions from smaller cities. The rise of online shopping in these areas is changing the landscape, making it accessible for many new consumers.

Trending News