E-commerce Boom In India

By Author: Yourestore
Total Articles: 71
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Despite the setbacks faced due to covid-19, The E-commerce industry has come back strongly in India. According to a recent study by British firm GlobalData, e-commerce sales will rise at a compound annual growth rate (CAGR) of just over 18% between 2021 and 2025, to reach $120.1 billion which is approximately 8.8 trillion Indian rupees. Many big players have come to the E-commerce industry validating this trend. Local shop owners and entrepreneurs who want to boost up their business can use this as an opportunity and start their own E-commerce businesses. E-commerce has no geographical constraints and business owners can easily expand across large areas. E-commerce also helps in cost-saving as they are no requirements of shop rent, shop maintenance cost, a large number of employees, etc.

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