New Delhi, April 10 -- Indias online retail market reached an estimated USD 65 66 billion in gross merchandise value (GMV) in 2025 and is projected to grow at over 20 per cent annually to touch USD 170 180 billion by 2030, according to a joint report by Bain & Company and Flipkart.
E-retail GMV expanded 19 21 per cent in 2025, with growth accelerating through the year on the back of improving macroeconomic conditions and stronger consumer sentiment, IANS reported, citing the report.
As per the report, private consumption growth rose to 10.5 per cent in 2025 from around 8 per cent during 2022 24, supported by GST cuts, income tax relief, easing inflation, and lower lending rates. This led to robust second-half growth of 22 24 per cen...