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Indian e-commerce surges toward Diwali, hitting 70–75% of target GMV with steep discounts and quick commerce growth.
Indian e-commerce is entering a final push for Diwali, with analysts projecting Rs 22,000–25,000 crore in GMV for the last week, driven by quick commerce.
So far, 70–75% of the expected Rs 1.2 lakh crore GMV has been achieved, following a mid-season dip after a strong start fueled by a GST reduction.
Sellers are increasing discounts to 20–30%, with some categories offering up to 40% off, and launching festive products in fashion, beauty, home décor, and gifting.
Major platforms report strong sales in kitchenware, apparel, and jewellery, while quick commerce services like Blinkit and Instamart are gaining traction for last-minute purchases.
Supply chains remain under pressure, but companies are positioning inventory closer to consumers to improve delivery speed.
Meanwhile, global tech developments include Visa’s Pismo expanding in India with a UPI payment switch, Anthropic exploring local data storage, and India’s C-DAC advancing its domestic chiplet prototype toward full system development by 2029.
El comercio electrónico indio aumenta hacia Diwali, alcanzando el 70-75% del objetivo de GMV con fuertes descuentos y un rápido crecimiento del comercio.