The Rise Of E-Commerce 3.0: Decoding India's E-Retail Boom & Omnichannel Way Of D2C E-Commerce

A thousand mobile phones sold every minute, 7 T-Shirts, 3 sarees and 4 pairs of footwear sold every second. $5 billion worth of e-commerce sales and nearly 80 million shoppers across all platforms. All of that in just the first week of this festive season.
According to a Bain report, 3 out of 5 online shoppers now belong to tier-2 or smaller cities and 1 out of 3 e-commerce users is Gen-Z.
India's e-retail funnel is getting bigger and could have half a billion online shoppers in the next 5 years and become the world's second-largest base, only behind China.
Also propelled by the D2C revolution, India’s e-commerce market could triple in size from $50 billion in 2022 to $150 billion by 2027, according to the Bain report.
Kanwaljit Singh, Founder of Fireside Ventures and Manan Bhasin, Partner, Bain & Company, speaks on the rise of E-Commerce 3.0, future of E-Retail space in India, India's E-Retail Boom & India's D2C opportunity. Listen in.
#ecommerce3.0 #eretailspaceinindia #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday
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[@cvayas.]

Wow, what a terrific talk! I feel you are spot-on with the wake up call on commoditization of brand values.

[@naman28feb]

plz tell the reality! E-commerce is on peak end