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Praised to be the rising sector thatu2019s going to unfurl our tricolor at the global podiums, Indiau2019s e-commerce is on the verge of creating history. History in Asia as well as across the world. Seen as a jet-propellent of growth thatu2019s going to make new avenues for the Indian economy in 2022, the e-commerce growth is speculated and yet controversial on many avenues. Why? Because there is a constant fear of monopoly destroying millions of livelihoods due to the big giants interfering and meddling in the retail sector. Despite this looming threat, E-Commerce In India is imperative to get to the $5
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E-Commerce In India Is Booming & The Trend’s Going To Continue In 2022 - Here’s Why? Praised to be the rising sector that’s going to unfurl our tricolor at the global podiums, India’s e-commerce is on the verge of creating history. History in Asia as well as across the world. Seen as a jet-propellent of growth that’s going to make new avenues for the Indian economy in 2022, the e-commerce growth is speculated and yet controversial on many avenues. Why? Because there is a constant fear of monopoly destroying millions of livelihoods due to the big giants interfering and meddling in the retail sector. Despite this looming threat, E-Commerce In India is imperative to get to the $5 trillion economy mark, which was promised by our leaders in 2020 if not 2022. E-Commerce Trends In 2022 - Invest Big On A Technology-Backed Platform Where small and medium enterprises are making no more than what they’ve spent to acquire businesses and dedicate resources, e-commerce can change the game for these big and small players who are suffocating under the new technology-driven markets ruled by the Amazons, Reliances, and JIOs of the world.
E-commerce in India is delicate, it is uneven, and not regulated up to an extent. Despite that, a top business directory in India will always have one of the many big e-commerce giants listed showcasing the importance of such e-commerce platforms in tier 1 and tier 2 cities of the country. How India’s Kirana Stores Are Merging On The Biggest E-Commerce Markets? The following statistics will tell you why you must ride the digital wave in India if you’re not involved in any social media sale or not listed in any of the top Business Directories In India. Don’t worry, gone are the days to get listed in such traditional directories, the world’s gone far beyond with new-age directories, which open new avenues for your business and help you expand in no time at all. According to reports, the retail market has trebled during the last decade to almost 1$ trillion. Largely unorganised, 88 per cent of the market comprises kirana and neighbourhood stores. Moreover, online sales that covered only 3% of the $1 trillion Indian economy is now expected to double to 6 percent. Amazing, isn’t it? The same set of reports also showcase that 75% of all kirana stores in India are going digital in just over a year’s span. The onset of the coronavirus pandemic has only hastened the process. This leaves very little choice and room for the current traditional kirana store owners who are now more or less in the race of becoming an e-commerce store in India or merging with another big platform.
