The size of the e-commerce market in India was estimated to be $147.3 billion in 2024, with 18.7% predicted CAGR through 2028. This growth is driven by technological innovations, cheaper data rates, and rising smartphone adoption, along with an increased market penetration in Tier II and Tier III cities.
The size of the e-commerce market in India was estimated to be $147.3 billion in 2024, with 18.7% predicted CAGR through 2028. This growth is driven by technological innovations, cheaper data rates, and rising smartphone adoption, along with an increased market penetration in Tier II and Tier III cities.
Source: Wikipedia "E-commerce in India" · CC BY-SA 4.0
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