E-commerce has been one of the fastest growing industries and is predicted to make it the world’s second biggest market by 2034. E-commerce has transformed the way business is done in India. In 2023, the Indian e-commerce market is predicted to increase by 21.5%, reaching USD 74.8 Billion. India’s e-commerce market is expected to reach USD 111 Billion by 2024 and USD 200 Billion by 2026. Much of the growth for the industry has been triggered by an increase in internet and smartphone penetration.
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