Indian ecommerce industry poised to touch $90-100 billion in 3-4 years: Flipkart Group CEO

The pandemic has brought in a shift in consumer behaviour, providing a major fillip to the Indian ecommerce industry that is now poised to touch $90-100 billion in the next 3-4 years, Flipkart Group CEO Kalyan Krishnamurthy said on Wednesday.

Krishnamurthy said while challenges brought in by the Covid-19 pandemic impacted businesses, many new avenues also opened up.

“The opportunities that modern retail present are significant for businesses of all sizes, including the kirana ecosystem. Flipkart is also doing its best to help small businesses and artisans embrace the power of technology and be a part of the modern retail opportunity,” he said.