INTO INDIA has previously commented on the changing face of retail in India. Now here is the BIG NEWS:
The Indian online grocery market is estimated to exceed sales of US$3.19 billion in 2020.
This is a massive 76% jump over the previous year.
FMCG retail in India is being transformed – and it is not just Covid 19 – new younger urban consumers prefer tech shopping.
Flipkart is the biggest online retailer with about 38% market share, closely followed by Amazon.
For Australian businesses, Austrade has established The Australian Store at Amazon India.