India’s Silver Lining: E-Commerce Boom amidst Pandemic

India’s Silver Lining: E-Commerce Boom amidst Pandemic

The Covid-19 pandemic has accelerated trends that favour the widespread adoption of e-commerce, such as increased preference for online channels and greater internet penetration. The pandemic is boosting India’s e-commerce market, which was growing at an average rate of 28% in the past decade, to hit USD100 million by 2022.

Although e-commerce in India is dominated by two market leaders, Flipkart and Amazon, that control a whopping 63% of market share, the overall growth of the industry creates valuable opportunities.

How can new investors take advantage of India’s e-commerce boom?

Find out more about India’s booming E-Commerce at Spire’s Live Webinar on 27 August @3.00pm SST. Register Today!

For media enquiries, please contact:

Marie Teo
Manager, Group Marketing Communications
Spire Research and Consulting
Phone: (65) 6838 5355