Business StandardCenter·
Grocery to overtake mobiles as India's online retail market to cross $90 bn
India's online retail market is projected to cross USD 90 billion in 2026, registering an annual growth of 22-24 per cent, its fastest expansion in five years, driven by everyday consumption categories like grocery rather than mobile phones, Redseer Strategy Consultants said in a report. According to the analysis, e-commerce gross merchandise value (GMV) expanded roughly 25 per cent year-on-year to about USD 38 billion in the first half (H1) of 2026, marking its strongest H1 performance in four…
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