The Role of E-commerce in the Development of India
E-commerce has become one of India's strongest sectors in recent years, greatly boosting the country's economic growth. E-commerce has become an essential component of India's economy due to the emergence of digital technology and the growing use of smartphones, which have changed conventional company models, opened up new business opportunities, and encouraged economic growth. The article explores the advantages, difficulties, and potential effects of e-commerce on India's economic growth. Definition of E-commerce Electronic commerce, or e-commerce for short, is the online purchasing and selling of goods and services. It involves online transactions between businesses, consumers, or a combination of both. E-commerce encompasses various activities, including online retail, electronic payments, online auctions, and digital marketing. The Growth of E-commerce in India Over the past decade, e-commerce has grown sig...