Forecast Report

The State Of India's Online Retail Market In 2017

ForecastView Document

June 14th, 2017
With contributors:
Michael O'Grady , Sanjeev Kumar

Summary

Despite some hiccups in 2016, India remains the fastest-growing online market in the world. Online retail sales in India will reach $64 billion by 2021, growing at a five-year compound annual growth rate (CAGR) of 31.2%. But government actions, a slowdown in venture capital funding, logistics challenges, and slow growth in the number of online buyers are holding back India's online retail market. This report discusses key incidents that happened in 2016 that led to recalibrations in the Indian online retail market, as well as new developments in 2017.

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