Lockdown impact: India e-commerce market picks pace, may touch ₹7 trln by 2023
- The e-commerce market in India is set to grow at a compound annual growth rate (CAGR) of 19.6% between 2019 and 2023
- Of late, competition in the digital payments space and the race among retailers to tie-up with kiranas has intensified
MUMBAI: The coronavirus pandemic will accelerate the growth of India’s e-commerce market, pushing it to ₹7 trillion by 2023, according to GlobalData, a London-based data analytics firm.
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