India is the fastest-growing major ecommerce market globally. But its enormous potential has yet to be tapped—the country’s digital ecosystem resembles that of China roughly 10 years ago. Amazon and Walmart-owned Flipkart dominate online sales and are evenly matched, but new entrant Reliance Retail is making things interesting.
Key Question: How quickly will retail and ecommerce sales grow in India over the next five years?
KEY STAT: YoY total retail sales growth in India will settle into single digits—hitting 9.5% next year—while online sales will remain in double-digit territory until at least 2027.
Exportable files for easy reading, analysis and sharing.
Reliable data in simple displays for presentations and quick decision making.
One Liberty Plaza9th FloorNew York, NY 100061-800-405-0844