Surging by over 50% year over year, India's internet economy is poised to reach a staggering $1 trillion by 2030, according to a recent report by consulting firm RedSeer.
“India’s journey to a $1-trillion consumer internet economy has been a unique story of multiple internet sectors such as e-tailing, e-health, food tech, online mobility, and quick commerce, coming together to create a strong foundation for a consumption-led growth engine. The ongoing journey from digital-first to digital-forward was a result of multiple internet sectors having shown strong momentum post-COVID,” said Anil Kumar, CEO and Founder of RedSeer.
Report by MoneyControl