A Review of E – Commerce in India: The Past, Present, and the Future

Vol-6 | Issue-03 | March-2021 | Published Online: 15 March 2021    PDF ( 448 KB )
DOI: https://doi.org/10.31305/rrijm.2021.v06.i03.003
Author(s)
Shrey Nougarahiya 1; Gaurav Shetty 2; Dheeraj Mandloi 3

1Associate, Capillary Technologies, Bengaluru, India

2Department of Professional Studies, Christ (Deemed to be University), Bengaluru, India

3Department of Applied Science, Institute of Engineering and Technology, Devi Ahilya University, Indore, India

Abstract

Electronic Commerce or E - commerce nowadays has become a home affair for every one of us. From merely being a marketing platform to one touch buying and selling, the E - commerce market in India has undergone tremendous growth. The objective of this paper is to identify and examine the factors responsible for the E – commerce boom in India and to recommend strategies to accelerate the growth of E – commerce industry. We examine the historical trends and provide evidence on how the Indian E – commerce sector is positioned for an exponential growth. Through the literature survey, we identify the emerging markets, trends and impact of COVID – 19 on the industry. From this analysis, it was found that the focus till date has only been on the demand side of the E – Commerce sector - to generate the demand. With a great success towards that direction, we identify the need to shift our focus on interventions/support to the supply side of the sector. Based on historical trends, a set of strategies have been recommended to the policy makers, using which the growth of the sector can be accelerated.

Keywords
E – Commerce, E – tail, Electronic Commerce, Digital India, Future of Commerce, E – grocery, Post – Pandemic commerce, COVID – 19
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