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India’s e-commerce to hit USD 550 bn by 2035: Report
Updated On: 20 February, 2025 02:38 PM IST | Mumbai | mid-day online correspondent
Government initiatives like 'Digital India' and rapid improvements in the country's logistics and supply chain networks have also contributed in boosting the growth
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E-commerce has become a centre of change for the retail industry in India, expecting to touch USD 550 Bn by 2035, growing at a CAGR of 15%, as per a report released by ANAROCK and ETRetail on Thursday.
In 2024, the value of this retail segment was estimated at USD 125 Bn and is expected to touch USD 345 Bn by the end of 2030.
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