Business
October 2, 2023
3 min

It’s boom time for Indian e-commerce industry - Bizz Buzz

India's e-commerce industry is experiencing rapid growth, fueled by the increasing number of internet users and favorable market conditions. The market value was $22 billion in 2018 and is expected to reach $350 billion by 2030. Start-ups in the sector are capitalizing on changing consumer buying patterns by offering options like payment on delivery and attractive deals. Key players in India's $14 billion e-commerce market include Amazon, Flipkart, and Snapdeal. E-commerce companies are establishing their own delivery networks to address logistics challenges. However, infrastructure and payment gateway issues still need to be addressed. The market is maturing with the entry of Amazon, Walmart, and Alibaba.

Source: Link

Recent News
Read More
Written by
Adhikansh Gupta
Content Manager

Writer and editor who covers the latest trends and innovations in the software-as-a-service (SaaS) industry