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Utkarsh Classes
Updated: 29 Apr 2024
2 Min Read

Invest India has forecasted a bright future for India's e-commerce industry, predicting a massive surge to $325 billion by 2030. This growth coincides with a digital economy expected to reach a staggering $800 billion in the same timeframe.
1. Soaring Internet Access: Invest India highlights the rising internet penetration, with an expected 87% of Indian households having internet access by 2025. Mobile internet usage is particularly strong, with a significant increase in access duration.
2. Growing Online Shopper Base: The number of online shoppers is projected to climb, with a strong growth rate in both rural and urban areas.
3. Affordable Data Prices: India's incredibly affordable data plans are a major driver, bringing more people online and fueling e-commerce adoption.
Invest India is the national agency that helps investors find opportunities in India.
Electronic commerce, also known as e-commerce, is the process of buying and selling goods and services, and exchanging funds and data using the internet.
Type of e-commerce transactions exist:
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