ReferIndia News India's e-retail crosses USD 65 bn in 2025; nation a global leader in q-commerce: Report

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India's e-retail crosses USD 65 bn in 2025; nation a global leader in q-commerce: Report

Published on: April 10, 2026, 4 a.m. | Source: Daily Excelsior

NEW DELHI, Apr 9 : India’s online retail market capped 2025 with renewed vigour as e-retail gross merchandise value (GMV) scaled to nearly USD 65-66 billion, growing 19-21 per cent in value terms, according to a report by Bain & Company compiled in collaboration with Flipkart. The report – How India Shops Online 2026 – sees India’s e-retail market at USD 170-180 billion by 2030, sustaining 20 per cent-plus annual growth, propelled by rising shopper penetration and spend per shopper. […]

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