BS reports that India is experiencing gold rush of e-commerce.
Amazon, Walmart, Alibaba ( Paytm) and Google are the key players. Secondary players are Big Basket and Grofers. Why do these firms want to capture India’s e-commerce? It has to do with the future of the Indian e-commerce.
$100 billion The expected size of India’s e-retail market by 2022
$35 billion The size of India’s e-commerc emarket today
25% The rate of e-commerce growth over the next five years 1 million Jobs expected in the sector by 2023
90 % Share of e-retail and e-travel in e-commerce
$800 million PE investment in retail in 2017
45% Share of food and groceries ine-retail spending
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