E-commerce has transformed the way business is done in India. The Indian E-commerce market is expected to grow to US$ 188 billion by 2025 from US$ 46.2 billion as of 2020. By 2030, it is expected to reach US$ 350 billion. In 2022, the Indian e-commerce market is predicted to increase by 21.5%, reaching US$ 74.8 billion.
India’s e-commerce market is expected to reach US$ 111 billion by 2024 and US$ 200 billion by 2026.
Much of the growth for the industry has been triggered by an increase in internet and smartphone penetration. The number of internet connections in 2021 increased significantly to 830 million, driven by the ‘Digital India’ programme. Out of the total internet connections, ~55% of connections were in urban areas, of which 97% connections were wireless.
Keshri EduTech has been ranked as the best E-commerce software developer in Pune, India. With our solutions like, ERP systems, E-commerce Website, Mobile application, Order management, inventory management, Notification services, order tracking systems, GPS solutions, API integration, delivery solutions and a lot more. Keshri EduTech takes pride in achieving success into building best websites and developing the best software for the E-commerce industry.