India should target $350 bn exports through e-commerce by 2030: GTRI

India should target USD 350 billion worth of goods export through e-commerce by 2030 and for that the government needs to address pain points of the sector by taking steps like formulating a separate policy, a report by economic think tank GTRI said.

The Global Trade Research Initiative (GTRI) said the current e-commerce export provisions in India are a patchwork over the rules framed for regular B2B (business-to-business) exporters.

India’s e-commerce exports have the potential to grow at a faster pace than its IT exports did in the early 2000s, it said.