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India’s e-commerce market to hit $345 bn by 2030 as digital payments, domestic demand surge: Report
The Daily Guardian
|October 15, 2025
India’s e-commerce market is projected to grow from USD 145 billion in FY2025 to USD 345 billion by FY2030 at a CAGR of 19 per cent, driven by rising urbanisation, evolving consumer preferences, and increased adoption of digital payments, according to a report by Rubix.
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In its industry insights report, the firm said that India has rapidly emerged as a global retail powerhouse, becoming the third-largest retail market in 2024.
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