Fri Jan 31 23:06:43 UTC 2025: ## India’s E-commerce Export Potential Highlighted in Economic Survey 2024-25

**New Delhi, [Date]:** India’s burgeoning e-commerce sector holds immense potential to boost exports and significantly contribute to the nation’s GDP, according to the Economic Survey 2024-25 presented to Parliament today. While acknowledging the significant growth opportunities, the survey also highlighted the need to address regulatory and compliance challenges hindering the sector’s full potential.

The survey noted that the roles of sellers and e-commerce platform operators are not clearly defined, impacting efficient export and payment processes. Improved collaboration between these stakeholders is crucial for seamless operations. However, factors such as increased smartphone penetration, digital payment adoption, rising disposable incomes, and growing familiarity with online shopping platforms have fueled the growth of India’s e-commerce exports.

The global B2C e-commerce market is projected to grow from $5.7 trillion in 2022 to $8.1 trillion in 2026. India’s B2C e-commerce market, valued at $83 billion in 2022, is estimated to reach $150 billion by 2026, representing a Compound Annual Growth Rate (CAGR) of 15.9%. Despite this impressive growth, India’s share of the global e-commerce market remains relatively small at approximately 1.5%, projected to remain around 2% in the coming years.

The survey emphasized the government’s E-commerce Export Hub (ECEH) initiative, aimed at revolutionizing India’s cross-border e-commerce industry. The survey urged a closer look at regulatory and compliance issues to unlock the sector’s full export potential. Additionally, the survey noted the government’s focus on improving the quality of life in rural areas, with emphasis on housing, water, and fuel access.

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