E-commerce creating jobs for gig workers

India’s consumer digital economy is required to turn into a USD 800 billion market by 2030, growing from USD 85-90 billion of every 2020, driven by strong adoption of online services like e-commerce and ed-tech in the nation, as indicated by counseling firm RedSeer. India’s online retail market is additionally set to turn into the third-biggest internationally, after the US and China, with yearly gross product value (GMV) contacting USD 55 billion out of 2021, and USD 350 billion by 2030. Additionally, kiranas are relied upon to accomplish around USD 1.5 trillion deals by 2030.

The experiences were introduced during RedSeer’s Ground Zero 5.0 event.

“Today, more than 50% of clients say they use online service due to comfort. A couple of years back, just about 70% used to say the key explanation is limiting however with the hit of COVID, digital services have without a doubt served the clients quite well, which is clear in high consumer loyalty and clients eagerness to continue to use the digital as a vital channel to fulfill their needs,” RedSeer founder and Chief Executive Officer Anil Kumar said.