Ecommerce: Growth in active users for top online retailers in India slowed down significantly in 2023, indicating a shift back to brick-and-mortar stores. The growth rate of 10% was the lowest in five years, compared to 22-55% growth in previous years. The slowdown is attributed to consumers partially switching back to offline shopping.
India Business News: India's retail sector is projected to reach USD 2 trillion in 10 years. Organised retailers need to sustain performance. Key considerations include pe
Growth in active users for top online retailers in India slowed down significantly in 2023, indicating a shift back to brick-and-mortar stores. The growth rate of 10% was the lowest in five years, compared to 22-55% growth in previous years. The slowdown is attributed to consumers partially switching back to offline shopping.
India Retail Market Set To Reach $2 Trillion In Next Decade: Report menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
New Delhi, Feb 28 (PTI) India's retail sector is expected to grow at 9-10 per cent to reach USD 2 trillion in the next decade with the country's consumption story continuing to remain strong with steady growth, according to a report.