Role and challenges of e-commerce in the economic development of India
E-commerce plays a significant role in the marketplace, both nationally and internationally. With more people making purchases online rather than at traditional retail stores, it is becoming a fast-growing area of business and one to strongly consider as you plan your own career. E-commerce is a huge part of the economy and is dynamic to businesses that sell their products or services online. Ecommerce gives businesses the ability to reach more customers than traditional retail reaches. The Indian e-commerce industry has been on an upward growth trajectory and is expected to beat the US to become the second-largest e-commerce market in the world by 2034. In this paper examines the growth and Role of electronic commerce in India, as well as the various Benefits, limitations, types of e-commerce, E-commerce opportunities and challenges for Industries.