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Indian Ecommerce to Grow into Rs. 3.5 Lakh cr Industry by 2022
June 27, 2018
As per a new report, the revenue of ecommerce sector in India stood at USD 25 billion in 2017, and by 2022 it’s projected to reach USD 52 billion by growing at a rate of 20.2% every year.
The report which was released by digital and affiliate marketing company Admitad said that 37% of India’s population uses Internet. Out of this, 14% engages in online shopping on a daily basis.
Photo credit: hasgeek on Visual Hunt / CC BY
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