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

Business Standard - Economy
source : Business Standard ( Middle East ) () 46
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. With Global business-to-consumer (B2C) e-commerce exports estimated to grow from USD 800 billion to USD 8 trillion by 2030, India's streng

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