India's merchandise exports grew exponentially by 45.17 percent in August 2021 garnering a revenue of US$ 33.14 billion over robust demand from other countries.
Indian e-commerce business is expected to grow to $111 billion by 2025, and the COVID-induced lockdown and government support for digitization has made this growth feasible.
It has been observed that there is a stiff competition between Amazon.in and Flipkart closely followed by Snapdeal and then Shopclues in terms of the rise in their Gross Merchandise Value (GMV).
Unlike last year, this year's festive season is going to be a mega bonanza and thus many eRetailers have already started hiring more people in order to stand straight on the splurging demand during the tenure.
The company has gone on board by augmenting its storage capacity to 5.5 million sq/ft for sellers on the marketplace who will use the centers by Amazon service.
The e-commerce industry expects the figures to go much higher than last year. Most e-tailers expect to generate 45% of their revenues during this festive season.
E-commerce firms are running their preparations for the coming festive season at full steam, expecting sales to the tune of Rs 25,600 crore ($4 billion).
From Santa Claus to Christmas trees, red, green or holly leaves, there is a lot a retailer can use for Christmas displays. Retailers bank on emotions this festive season, read to know more…