India B2C Ecommerce Market Analysis Report 2023: India is Prepping to Launch a Government-backed e-Commerce Initiative to Turbocharge the Sector Growth - Forecast to 2028
B2C Ecommerce market in India is expected to grow by 10.75% on annual basis to reach US$107.3 billion in 2023.
- B2C Ecommerce market in India is expected to grow by 10.75% on annual basis to reach US$107.3 billion in 2023.
- The B2C Ecommerce is expected to grow steadily over the forecast period, recording a CAGR of 8.68% during 2023-2027.
- The country's B2C Ecommerce Gross Merchandise Value will increase from US$96.9 billion in 2022 to reach US$149.7 billion by 2027.
- The B2C e-commerce industry is projected to grow at a rapid rate over the next five years in India.