India's online shopping can grow to $50 billion, says report
Updated : August 09, 2018 06:35 PM IST
More than 500 million Indians will constitute the next wave of online consumers, according to a report jointly released by Bain & Company, Google and investment firm Omidyar Network.
With an online buyer spending on an average $224 per year, e-commerce retail shopping in India is 10 per cent of what Chinese spend, according to the report.
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