This value is roughly 8% of India's GDP and will affect 140 Million Online sellers!
This accounts for nearly 10 lakh shipments on a daily basis across 10 Cities!
Along with cheaper data prices, India's E-commerce revenue will be 35 billion USD in 2021
Ekart logistics is one of the biggest Logistics chains in India!
Flipkart is the most valued startup in India with 23 Billion USD of valuation in 2019!
In terms of size, this is almost twice the capacity as the largest warehouse in the world!
This will enable non-English speakers, which is 63% of India's population to purchase online easily!
The USD 2 billion will constitute roughly 1.5% of India's total Foreign Direct Investment (FDI) in 2020!
What every Seller needs to know for guaranteed Success!
This amounts to 19 lakh shipments per day!
A whopping 31% are already using online shopping!
India will then contribute roughly 8% to the world economy which will be an increase of 0.3% through the retail industry!