Introduction
Ecommerce in India is one of the fastest growing industries in the country. From $46.2 billion in 2020 it is projected to grow to $111.40 billion by 2025. By 2035 it is expected to reach $350 billion. A major contributing factor to the growth of the industry is the increase in internet and smartphone penetration. As of July 2021, the number of internet connections in India increased to $784.59 million. There were 1.2 billion mobile subscribers in 2021, of which about 750 million were smartphone users. India will have 1billion smartphone users by 2022. It is clear that e-commerce is going to be booming in the next few years, I am writing this blog to follow the industry. To discuss trends, the performance of E-commerce companies, growth in technology and the latest news from the industry itself. I hope you enjoy what I write in this blog. Thank you for reading