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DPIIT retail

Indian online retail will grow to $170 Bn by 2030, says Jeferies report

DPIIT retail

Indian online retail will grow to $170 billion by 2030, according to a brokerage firm Jefferies report.

As per an estimate online retail is at present 25% of the total organised retail market. In 11 years, it is expected to jump to 37%, said the report. In the coming years, online retail will outgrow offline retailers. Currently, the total online retail in the country is pegged at $18 billion. (Source)

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