ISO 9001:2015

PROSPECTS OF E-COMMERCE IN INDIA

Dr. Ramesh Chand Meena & Dr. Anita Maheshwari

E-commerce, a transformative force in the global business landscape, has witnessed unprecedented growth in India. India's e-commerce sector has experienced remarkable expansion, driven by a surge in internet penetration, smartphone usage, and digital payment adoption. Major players like Flipkart, Amazon, and others have played a pivotal role in shaping consumer expectations and preferences. The pandemic further accelerated the shift towards online shopping, underlining the sector's resilience. E-commerce provides a platform for small businesses to reach a wider audience, fostering entrepreneurship. As the nation continues its digital evolution, the prospect of e-commerce in India is a compelling subject, navigating through opportunities, challenges, and the current status of this dynamic industry. Despite its promising outlook, the e-commerce sector in India faces challenges such as logistical hurdles, regulatory complexities, and intense competition. The article presents the concept of e-commerce, current status, opportunities, and challenges in India.

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Keywords: E commerce, Internet Penetration, Opportunities, Challenges.

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