45 billion U.S. dollars in 2021 from just 16 billion dollars in 2016, with an estimated retail revenue growth of over 62 billion dollars by 2023.
Over the last decade, e-commerce and digital shopping had seen a boom in India on par with the global trend. Of the total retail sales in the country, it was estimated that in 2019, the share of e-commerce would be almost five percent. In fact, the retail e-commerce sales in India was forecasted to grow at a fast pace with projections of over E-commerce share of total retail sales across India from 2014 to 2019
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InsideRetail Hong Kong. (December 17, 2015). E-commerce share of total retail sales across India from 2014 to 2019 [Graph]. In Statista. Retrieved May 04, 2024, from https://www.statista.com/statistics/379167/e-commerce-share-of-retail-sales-in-india/
InsideRetail Hong Kong. "E-commerce share of total retail sales across India from 2014 to 2019." Chart. December 17, 2015. Statista. Accessed May 04, 2024. https://www.statista.com/statistics/379167/e-commerce-share-of-retail-sales-in-india/
InsideRetail Hong Kong. (2015). E-commerce share of total retail sales across India from 2014 to 2019. Statista. Statista Inc.. Accessed: May 04, 2024. https://www.statista.com/statistics/379167/e-commerce-share-of-retail-sales-in-india/
InsideRetail Hong Kong. "E-commerce Share of Total Retail Sales across India from 2014 to 2019." Statista, Statista Inc., 17 Dec 2015, https://www.statista.com/statistics/379167/e-commerce-share-of-retail-sales-in-india/
InsideRetail Hong Kong, E-commerce share of total retail sales across India from 2014 to 2019 Statista, https://www.statista.com/statistics/379167/e-commerce-share-of-retail-sales-in-india/ (last visited May 04, 2024)
E-commerce share of total retail sales across India from 2014 to 2019 [Graph], InsideRetail Hong Kong, December 17, 2015. [Online]. Available: https://www.statista.com/statistics/379167/e-commerce-share-of-retail-sales-in-india/