Overview
India’s nascent yet fast-growing ecommerce market has shot into the forefront of investor attention over the past few years with the emergence and success of home-grown retail giants such as Flipkart, Shopclues or Snapdeal.
The ecommerce industry in India is expected to touch US$100 billion by 2020, a huge leap from US$30 billion in 2016.
Online retail has grown exponentially with the country’s rise in middle-class spending and a corresponding surge in disposable incomes. With India being the fastest-growing E-Commerce market, this sector has already attracted hundreds of start-ups, creating thousands of job opportunities.