Trending News
Baltic Exchange Market Report (10 January 2025)...
  Daily Exim

NEWS DETAILS

Date: 12/08/2024

Reforms seen needed to boost e-comm exports to $350 bn by 2030

India’s e-commerce exports may fall way short of the potential $350 billion by 2030 and touch just about $25 billion if the government does not introduce swift reforms in rules, offer more incentives to the sector and formulate a policy to also support the overseas warehouse model, as per a report by research body Global Trade and Research Initiative (GTRI). About 60 per cent of China’s e-commerce exports use foreign warehouses for faster delivery. They have special rules and support systems that help their e-commerce sector grow. If India does not adopt similar measures, its e-commerce exports might only reach $25 billion by 2030, despite having the potential to reach $350 billion. At present, India’s e-commerce exports are estimated at an annual $5 billion while China’s were at $331 billion in 2023, the study noted, as per a report.
 
Source: Exim News Service: New Delhi, Aug. 11 



Featured News

EXIM INDIA ONLINE SERVICES

APPOINTMENTS

View All

USEFULL LINKS

View All

Introduction

EXIM INDIA is a reputed and all-India recognised premier publishing house. It publishes a daily newspaper.

It publishes a daily newspaper "Exim Newsletter" from Mumbai & Western India, Gujarat, New Delhi & North India and Exim India - 'Shipping Times' from Kolkata, Chennai, Cochin and Tuticorin for the last 47 years.

Read More

QUICK LINKS

Contact Details

Inquiry

© | Exim India. All rights Reserved.