Indian e-commerce market heading to hit $35 billion by 2019: Report

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    Indian e-commerce market heading to hit $35 billion by 2019: Report

    Indian e-commerce sector’s growth looks strong and is expected to reach $35 billion by 2019, says a report.

    “The growth of India e-commerce remains strong, tracking our expectations of reaching $35 billion by 2019,” Nomura said in a research report.

    The report, however, noted that the focus needs to move towards the roadmap to profitability, where “some progress is visible but a lot is still in the works.”

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