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The ecommerce market in the country will be about USD 70 billion by 2020
The e-commerce market in the country will be about USD 70 billion by 2020 and players will be investing around USD 1-2 billion over the next few years, largely in tier II cities and towns, a top official of Myntra confirmed at the recently held Economist India Summit, as reported by PTI.
He said the e-commerce market will be high on growth, which will help Myntra become profitable in segments, including fashion and grow at about 65-70 per cent.
