E-commerce to touch 8% of India's retail trade by 2025: Report3 min read . Updated: 18 Sep 2020, 06:35 PM IST
- As covid prompts more retailers to look at new ways of reaching shoppers—this will also lead to convergence of offline and online
- Meanwhile, in the next five years, the retail sector is expected to add 9.2 million new jobs taking the sector's total employment to 45.5 million by FY25
New Delhi: The share of Indian e-commerce is set to grow from the current 4% of the country’s overall food and grocery, fashion, consumer electronics retail trade to 8% by 2025, even as the economic impact of covid-19 is set to contract India’s retail market by 25% to 40% in FY21, according to a white paper by Technopak Advisors released on Friday.
Select your Category