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India's e-commerce sector projected to grow to $550B by 2035, driven by tech adoption and economic factors.
A report projects India's e-commerce sector to grow to $550 billion by 2035, from $125 billion in 2024, at a 15% annual growth rate.
Driving factors include internet penetration, smartphone adoption, and digital payment infrastructure, alongside a young, tech-savvy population and government initiatives.
The overall retail market could reach $2.5 trillion by 2035, fueled by rising disposable incomes, urbanization, and an expanding middle class.
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El sector del comercio electrónico de la India se proyecta que crecerá a $550B para 2035, impulsado por la adopción de tecnología y factores económicos.