India’s internet and smartphone penetration has seen unprecedented growth in recent years. The number of internet connections increased significantly driven by the ‘Digital India’ programme. Simultaneously, the smartphone user base has also increased and is projected to reach 1 billion by 2026. This surge has propelled India’s digital sector, with expectations that it will achieve a valuation of US$ 1 trillion by 2030.
This rapid rise in internet users and smartphone penetration coupled with rising incomes has assisted the growth of India’s e-commerce sector. India’s e-commerce sector has transformed the way business is done in India and has opened various segments of commerce ranging from business-to-business (B2B), direct-to-consumer (D2C), consumer-to-consumer (C2C) and consumer-to-business (C2B).
Key segments such as D2C and B2B have experienced immense growth in recent years. India’s D2C market is expected to reach US$ 60 billion by FY27, while the overall e-commerce market is expected to reach US$ 350 billion by 2030.
On December 13, Umair Ul Haque, Assistant Manager - International Business Advisory, Naina Bhardwaj, Assistant Manager - International Business Advisory and Neeraj Khatri, Assistant Manager – Business Advisory Services discussed India’s thriving e-commerce sector. In this session, insights on the key drivers behind its growth and the potential opportunities were shared. This session also provided expert insights in the setting up process and FDI norms for e-commerce sector in India.
This session covered the following topics:
- Overview of India’s E-Commerce Sector
- Factors Driving India's E-Commerce Boom
- Key Insights and Emerging Trends
- Government Initiatives and Policies
- FDI Norms and Setting Up Your E-Commerce Entity in India
- Q&A Session
If you would like to get in touch with the speakers, or have any questions regarding this event, please contact Ashna Kohli, Jr. Associate - International Business Advisory, India at Ashna.kohli@dezshira.com
This webinar is free of charge
Webinar | Wednesday, December 13, 2023 | 2:30 PM India Time / 4:00 PM Vietnam Time / 5:00 PM China Time
