New Delhi, March 17 -- Indias e-commerce sector is expected to expand significantly over the next decade, with its share in overall retail projected to rise from about 6 per cent to as much as 11 per cent by 2030, according to a report by McKinsey & Company.
The report indicates that micro, small and medium enterprises (MSMEs) will account for nearly half of this growth, underscoring their central role in the countrys evolving retail landscape, ANI reported.
MSMEs Remain Core to Retail Ecosystem
MSMEs operate across a wide range of sub-segments differentiated by category, geography, scale and levels of formality, reflecting the deeply fragmented nature of Indias retail landscape.
According to the report, this fragmentation is s...