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Mobavenue to ride the growth in the D2C market, which is expected to grow to $60 billion by FY27
26 Aug 2022
According to a recent analysis released by e-commerce enablement platform Shiprocket in cooperation with CII (The Confederation of Indian Industry) and Praxis Global Alliance, India’s D2C (direct-to-consumer) industry is expected to reach $60 billion by FY27. Many factors are working in favour of D2C industry expansion, including a youthful, active populace. Experts predict that by 2030, consumer spending will reach $4 trillion. Speculation suggests that by 2030, spending on food, clothing, transportation, communication, and personal care will be doubled.

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