Business Standard

Sunday, December 22, 2024 | 12:30 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

India's Ecommerce Market Continues To Grow At 5% Rate

Image

Capital Market
The Union Minister of State for Consumer Affairs, Food and Public Distribution, Ashwini Kumar Choubey in a written reply to a question in Lok Sabha today informed that as per National Association of Software & Services Companies (NASSCOM), India's e-Commerce market continues to grow at Year on Year rate of 5% with estimated revenue of USD 56.6 billion in FY 2021 despite COVID-19 led challenges. Department for Promotion of Industry and Internal Trade has informed that no quantifiable assessment has been made with regard to rising online purchasing/e-commerce trade during the last two years.

Powered by Capital Market - Live News

 

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 03 2021 | 6:01 PM IST

Explore News