AMZ123 has learned that India is becoming a blue ocean in the global e-commerce industry. According to data, from 2020 to 2025, India's e-commerce market is expected to have an average annual compound growth rate of 23%, ranking among the top in the world. Despite the significant growth rate, there is still huge room for improvement in the penetration rate of e-commerce. By 2025, only about 30% of the population (approximately 300 million people) will have experienced online shopping, and the contribution of e-commerce to GDP will only be 1.6%, far lower than that of countries such as China and Indonesia. Market forecasts predict that by 2030, India's e-commerce market size will reach 250 billion US dollars. The broad market prospects have attracted global giants to invest heavily. Among them, Amazon has announced that it will invest an additional 35 billion US dollars in the Indian e-commerce field, and its local main market department is expected to have revenues exceeding 300 billion rupees in the fiscal year 2025; Walmart's Flipkart occupies approximately 48% of the Indian online retail market and has moved its headquarters back to India to prepare for the upcoming IPO. Small towns and small and medium-sized cities are becoming the main driving forces for the growth of India's e-commerce. For cross-border sellers seeking new growth points, laying out in this potentially huge Indian market ahead of time is undoubtedly an important strategic choice to seize the future market pattern.

Source: AMZ123 Original link: https://www.amz123.com/kx/UcHA34pT