Contact FICCI
The past two decades has seen a remarkable transformation in global trading and commerce and India has been no exception. E-commerce and e-commerce platforms have not only permeated the existing Indian market thereby changing traditional forms of business but have also given impetus to the startup eco-system in India.
The past two decades has seen a remarkable transformation in global trading and commerce and India has been no exception. E-commerce and e-commerce platforms have not only permeated the existing Indian market thereby changing traditional forms of business but have also given impetus to the startup eco-system in India. In fact, India’s domestic e-commerce market is expected to reach US$99 billion (approximately INR 7 lakh crore) by 2024, increasing at a compound annual growth rate (CAGR) of 27 per cent during 2019-2024, and will reach (US$350 billion) by 2030. This exponential growth in the industry is also the reason why it has remained one of the most heavily funded industries in the country. Several e-commerce firms in India have received billions of dollars in funding propelling the industry towards rapid growth and expansion.
Team Leader
Leena Jaisani
Deputy Secretary GeneralTimeline
Massmeize 2010-FICCI FMCG conference
