
White Paper 2025 - E- Commerce
Updated: 23 Sep, 2025India's e-commerce sector has rapidly become a pillar of economic growth, projected to scale a GMV of USD 60 billion by FY2027. Powered by internet penetration, smartphone adoption, rising incomes, and supportive policies, the industry is set to grow at a CAGR of 27%, reaching USD 325 billion by 2030. With over 500 million shoppers and untapped rural markets, India ranks among the fastest-growing e-commerce hubs globally. While the U.S. and China remain dominant, India is expected to outpace them in growth rates between 2024–2028. Strong investor interest and booming B2C exports further underline the sector's transformative potential.