According to a report by eBay, India is the fifth largest market for e-commerce companies in terms of small businesses selling on the platform. The report highlights that 58% of small businesses on eBay in India are new sellers. This indicates a growing e-commerce ecosystem in India and the opportunities for small businesses to tap into a global customer base. The report emphasizes the role of e-commerce platforms in fostering inclusive global trade and empowering small businesses to participate in cross-border transactions. With India's substantial newcomer rate on eBay, it is evident that Indian small businesses are actively embracing e-commerce to expand their reach and grow their enterprises.
Source: Link