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Business

India's ecommerce market to hit $345 bn by 2030, dark stores to triple

Business Standard ·
India's ecommerce market to hit $345 bn by 2030, dark stores to triple

India's e-commerce sector is projected to grow nearly three times to USD 345 billion by 2030 from USD 125 billion in 2024, propelled by the rapid expansion of quick commerce and artificial intelligence (AI) integration, according to a report released on Wednesday.

According to the report titled 'Smart Growth in a Fast Market' by research consultancy Infisum, the market is expected to grow at a compound annual growth rate (CAGR) of 18.4 per cent through 2030.

The report highlights that the country's dark store network is set to nearly triple from 2,525 in 2025 to approximately 7,500 by 2030 to meet the surging demand for rapid deliveries.

"India's e-commerce sector is entering a transformative phase of growth and innovation, with the market projected to nearly triple from USD 125 billion in 2024 to USD 345 billion by 2030.

"Quick commerce is the fastest-growing segment within India's e-commerce ecosystem.

Valued at an estimated USD 65-70 billion by 2030, the segment is expected to .

Read the full article on Business Standard ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.business-standard.com — the content belongs to Business Standard.

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