Indian e-commerce sales could grow by up to 60%, hit $84 bn in CY21

Omnichannel inventory management and e-commerce solution provider EasyEcom has released a predictive analysis report on the state of e-commerce in India for the Calendar year 2021. The study has been prepared after analysing the data around online sales during 2019 and 2020, according to a press release issued by the organisation.
As per the findings of the report, total e-commerce sales for the Calendar year 2021 are estimated to clock $67-84 billion, up significantly from $52.57 billion attained in 2020, and $40.44 billion in 2019.
The study further states that e-commerce sales during the festive season have been consistently rising during the past few years and that the trend is expected to continue in the current calendar. EasyEcom says in the report the growth has been persistent in the face of several months of lockdown and that it expects to see e-commerce retail sales clock $11-14 billion during this festive season alone, up by anything between 32-68 per cent over last year's figure.