E-retail in India is expected to surge past $160 billion(over Rs13 lakh crore) mark by 2028, a report released by Bain & Company, in collaboration with Flipkart, said on Wednesday. The e-retail market is expected to be around $57-60 billion in 2023, with an annual shopper base of around 240 million representing an annual addition of $ 8-12 billion since 2020.
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