The fast growing e-commerce market in the country will touch $84 billion in 2021 from $24 billion in 2017 on account of a healthy growth in organised retail sector. A fast growing economy and robust demographics provide a positive outlook to the consumer businesses in India. The retail market in India is expected to grow to $1.2 trillion by 2021 from $795 billion in 2017. India continues to hold a strong position as far as its market potential is concerned and is on its way to becoming the third largest consumer market in the world, poised to grow close to $1.2 trillion by 2021.

(ET Retail)