E-commerce as share of GDP in India 2016-2018
Ecommerce made up about 0.76 percent of India's GDP in 2017. This was estimated to reach 0.9 percent in 2018. By being the second largest online market in the world after China, the country's rapid growth in the digital sphere, specifically following demonetization in November 2016 and the rise of the mobile payments market facilitates the opportunity for growth in the years to follow.
