Aaryan Mittal
Asked on 18 January, 2019How large is India's e-commerce market?
Answered by
NewsBytes
In 2017, India's e-commerce market size stood at $39bn.
Trisha Singhal
Asked on 18 January, 2019How fast is India's e-commerce market growing?
Answered by
NewsBytes
According to PwC India and Nasscom, India's e-commerce market is slated to grow almost four-fold to $150bn by 2022.
Vibhore Chavan
Asked on 18 January, 2019What is driving growth of India's e-commerce market?
Answered by
NewsBytes
A rise in middle-class income and a surge in internet users is driving India's e-commerce growth.
Arjun Gupta
Asked on 18 January, 2019How fast is India's middle-class growing? How many people in India are internet users?
Answered by
NewsBytes
India's middle-class is expected to swell to 540 million people by 2022, up from 380 million people in 2017. Meanwhile, 850 million Indians will be internet users by 2022, almost double of the 450 million internet users in 2017.
