India's Internet Economy to Grow 6-fold to $1 trillion by 2030: Report
June 2023
|Images Retail
India's internet economy is expected to register six-fold growth and touch $1 trillion in terms of online transaction value by 2030, mainly driven by the e-commerce vertical, said a joint report by Google, Temasek and Bain & Company
-
The report estimates that India's internet economy was in the range of $155-175 billion in 2022. According to the report, the growth will be led by the B2C e-commerce segment, followed by B2B e-commerce, software-as-a-service providers and online travel segment.
"India's Internet economy is expected to grow 6X to $1 trillion by 2030," said Sanjay Gupta, Google India Country Manager & Vice President. Gupta said while startups have led the path of digital innovation, small and medium businesses and large enterprises after the pandemic have started to use digital technologies to become more competitive.
هذه القصة من طبعة June 2023 من Images Retail.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Images Retail
Images Retail
Building the Midmanagement is Critical in a Scaling Organisation
Nirav Jagad, Chief People Officer of Sugar Cosmetics speaks about ensuring the right! opportunities for the right talent in a complex omnichannel organisation that is on a fast track to growth
3 mins
December 2024
Images Retail
Uppercase Upping the Ante
Travel gear brand Uppercase is upgrading the standard of luggage in India through innovative approach and prodcuts and sustainable practices
3 mins
December 2024
Images Retail
The Strategy is to Go City by City and Saturate Each
Gerard McGurk, Head of Retail and Commercial Operations at Index Living Mall and Mahesh M, CEO, Creaticity speak about Thailand's numero uno furniture brand's strengths, its India entry and strategy
8 mins
December 2024
Images Retail
Design and Experience Differentiate Indriya from Competitors
Sandeep Kohli, CEO of Aditya Birla Jewellery’s Indriya about the brand’s strengths, strategies and aspirations
9 mins
December 2024
Images Retail
At Good Glamm, AI Chatbots Have Slashed Workload by 70-80%
Deep Ganatra, Chief Product & Technology Officer (CPTO), The Good Glamm Group sheds light on the role of technology in the beauty and wellness industry and its impact on personalisation
7 mins
December 2024
Images Retail
How Blinkit, Swiggy Instamart, Zepto and Others are Redefining Shopping
A quick snapshot of India’s quick commerce landscape highlighting key players, challenges and opportunities
2 mins
December 2024
Images Retail
Electronics and Q-commerce: A Marriage of Convenience
Why more and more electronics and gadget brands are taking to q-commerce
4 mins
December 2024
Images Retail
5 ways D2C Brands Can Leverage the Power of Technology
The direct-to-consumer (D2C) market in India is at an exciting juncture, with brands redefining how they operate, innovate, and engage with consumers. But what does the future look like for these brands as they adopt technology?
2 mins
December 2024
Images Retail
The Business of Offering Immersive Experiences
Shopping centers are using immersive experiences to attract more shoppers and boost business
2 mins
December 2024
Images Retail
5 ways D2C Brands Can Maintain the Growth Momentum
D2C brands should embrace a customer-first mindset, leverage technology, and know when to expand offline to keep the growth momentum going
2 mins
December 2024
Translate
Change font size