HomeNews News Indian e-commerce market is expected to reach $50-55 billion by 2021 Indian e-commerce market is expected to reach $50-55 billion by 2021

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Indian e-commerce market is expected to reach $50-55 billion by 2021

Indian e-commerce market is expected to reach $50-55 billion by 2021

Wednesday, February 15, 2017, 2:44 PM
According to a study, Indian e-commerce market is expected to reach $50-55 billion by 2021, from the current $6-8 billion. Report by Retailers Association of India and Boston Consulting Group revealed that, consumer electronics, apparel, homeware and furniture, luxury, health, FMCG and food and grocery have maximum e-commerce penetration. In the last three years alone digital buying has increased from 3 % to 23%.
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