Shiprocket-CII-Praxis

Shiprocket-CII-Praxis become a $60 billion industry by FY27

Shiprocket-CII-Praxis become a $60 billion industry by FY27

India’s largest eCommerce enablement platform Shiprocket has released a report on the D2C market in India in collaboration with CII (Confederation of Indian Industries) and Praxis Global Alliance, a global management consulting and advisory services firm. As per the report, Direct to Customer (D2C) is a $12 billion market and is witnessing remarkable and rapid growth. The report states that several D2C brands in India have crossed INR 100Cr revenue in 3-5 years after the launch.The latest report reveals that D2C brands are estimated to be $60 billion industry by FY27, registering a CAGR of about 40%. The numbers in…
Read More