Indias Ecommerce Market Set to Overtake US Hit 1T
The Indian e-commerce market is experiencing explosive growth, with the potential to surpass the US in consumer size within the next one to two years, becoming the world's second-largest e-commerce market. Reports predict an astounding growth rate of 25%-30% annually for the Indian e-commerce sector over the next five years. Cross-border sellers should gain a deep understanding of the market's characteristics and develop differentiated competitive strategies to seize opportunities and address challenges in this rapidly expanding market.
