The world’s most populated country is
also growing in business opportunities
After a digital boom in India, we are seeing exponential growth in eCommerce.
The world’s most populated country is
also growing in business opportunities
After a digital boom in India, we are seeing exponential growth in eCommerce.
Market Overview
With exponential growth, the eCommerce market in India is forecasted to reach US$350 billion by 2030*.
Population:
1.5B *
Nigeria, South Africa, and Kenya represent the biggest eCommerce revenue in the region.
eCommerce:
74.8B *
Recently, India has become the eighth-largest eCommerce market globally*.
Internet users:
61% *
The internet penetration rate in India has grown rapidly, increasing from just about four percent in 2007 to over half of the population*.
Gain insight into India’s most relevant payment methods
Cards
41%
UPI
35%
Bank transfer
8%
Buy Now pay later (BNPL)
41%
eWallets
5%
Other
4%
Credit and debit cards
Wallets
Credit and debit cards
Wallets