India’s e-com industry to touch $188 bn by 2025: FICCI

Lynn Imbier

The e-commerce market in India is projected to achieve $188 billion in 2025 from $sixty four billion previous yr, with escalating consumer preference for the digital market as the major obtaining channel instead of an alternate, claims a report titled ‘A progressive shift from transactions to trust’ introduced just lately by the Federation of Indian Chambers of Commerce and Field (FICCI).

The report was introduced at the Client Trust Summit 2021, exactly where, addressing the inaugural session, consumer affairs secretary Leena Nandan stated have confidence in and transparency have never been much more critical than now.

“We are seeking to teach people about the criteria and benefit of ISI mark and market collaboration and participation is the crucial to achieve out to safeguard the desire of people,” she was quoted as stating in a FICCI assertion.

“Our objective is to proceed to concentrate on a consumer-centric solution to acquiring impressive more recent solutions and options,” Nandan stated.

The governing administration, she famous, will fail in its undertaking if it is unable to make an ecosystem of opposition so that the proper benefit of merchandise and services can be available to the people.

The Client Protection Act has opened up avenues for people in this kind of a way that it is of reward to the industries as very well, the secretary extra.

Fibre2Fashion Information Desk (DS)

India’s e-commerce market is projected to achieve $188 billion in 2025 from $sixty four billion previous yr, with escalating consumer preference for the digital market as the major obtaining channel instead of an alternate, claims a report titled ‘A progressive shift from transactions to trust’ introduced by the Federation of Indian Chambers of Commerce and Field.

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