India is one of the fastest-growing e-commerce markets worldwide. Between 2009 and 2014, the sector grew by 34 per cent compound annual growth rate (CAGR), as per a PricewaterhouseCoopers (PwC) October 2015 report titled ‘E-commerce in India: Accelerating growth’. After that, a KPMG report in 2016 on the ‘Impact of E-commerce on Employment in India’, pegged the growth figures at a revised 41 per cent CAGR. It also talked about the size of the industry reaching $41 billion – against the earlier estimate of $30 billion. Further, that it would reach $103 billion by 2020 – against the previous estimate of $81 billion.
India is one of the fastest-growing e-commerce markets worldwide. Between 2009 and 2014, the sector grew by 34 per cent compound annual growth rate (CAGR), as per a PricewaterhouseCoopers (PwC) October 2015 report titled ‘E-commerce in India: Accelerating growth’. After that, a KPMG report in 2016 on the ‘Impact of E-commerce on Employment in India’, pegged the growth figures at a revised 41 per cent CAGR. It also talked about the size of the industry reaching $41 billion – against the earlier estimate of $30 billion. Further, that it would reach $103 billion by 2020 – against the previous estimate of $81 billion.
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