 Indian e-commerce market hits $33 billion: Economic Survey
Indian e-commerce market has reached $33 billion, registering 19.1% growth in 2016-2017, according to the government's Economic Survey 2018. However, the market value is still 30% less than what Chinese e-commerce companies sold on one day on the Singles Day last year. Also, India's Information Technology (IT)/IT-enabled services sector has grown to $140 billion, registering 8% growth.