E-commerce companies from around the world are turning their wheel towards Asia and especially in India because of its high growth rate in the eCommerce industry and many other industries.
According to resources, India is considered as the fastest growing eCommerce market & commercial industry as well the economy around the world.
India is considered as the 9th largest cross-border eCommerce market around the world leaving behind many western as well as Asian countries.
To name a few then big giants like Amazon | Walmart | eBay | Alibaba and many more have already expanded online as well as offline in the Indian eCommerce market.
Under the leadership of Mr.Β Narendra Modi, the Government of India has been declared manyΒ FDI policiesΒ for the benefit of all the investors from outside India.
Benefits to Set-up cross-border eCommerce business in India
- A vast population of 1.3 Billion people which will reach 1.4 Billion by 2025.
- Cost-efficient high skilled manpower.
- Internet penetration rate which is 50% & increasing with a 8.5% growth rate.
- Rise in the middle-class segment.
- E-commerce revenue reached $80 billion by 2021 & increasing with 10% growth rate.
- Government supported policies for investors.
- Business friendly infrastructure.
Cross-Border eCommerce companies in India
- Amazon
- Walmart
- Ebay
- Alibaba
- Etsy
- Clubfactory
- Target
Do you want to start cross-border eCommerce business in India?
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