India, Sept. 3 -- India's e-commerce sector is projected to grow nearly three times to $345 billion by 2030 from $125 billion in 2024, propelled by the rapid expansion of quick commerce and artificial intelligence (AI) integration, according to a report released on Wednesday.

According to the report titled 'Smart Growth in a Fast Market' by research consultancy Infisum, the market is expected to grow at a compound annual growth rate (CAGR) of 18.4 per cent through 2030.

The report highlights that the country's dark store network is set to nearly triple from 2,525 in 2025 to approximately 7,500 by 2030 to meet the surging demand for rapid deliveries.

"India's e-commerce sector is entering a transformative phase of growth and innovation,...