MARKETING

E-commerce Market to Account for 2.5% of India’s GDP by 2030-Study Found

The e-commerce market will account for 2.5 percent of the India’s GDP by 2030, growing 15 times and reaching $300 billion, a report by Goldman Sachs said. The current market size of e-commerce is $20 billion. The report says hyper growth in affordable smartphones, improving infrastructure, and propensity to transact online are key growth factors. “The Indian …

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