Indian retail industry is a vibrant and rapidly growing sector, contributing over 10% to the country’s GDP and employing around 8% of the workforce. With its position as the world’s fifth-largest retail destination and impressive rankings in international indices, India presents significant opportunities for businesses.
The surge in internet and smartphone usage, fueled by the ‘Digital India’ program, has been a game-changer. With approximately 830 million internet connections, of which around 55% are in urban areas, and a projected 1 billion smartphone users by 2026, India’s digital sector is set to reach a remarkable US$ 1 trillion by 2030. This rapid growth has given a significant boost to the e-commerce industry, paving the way for diverse business models such as B2B, D2C, C2C, and C2B.
As the retail and e-commerce landscape evolves, businesses often seek legal counsel to navigate various complexities.
How can we help?
VidhiKrit Legal helps you for your legal aspects and assistance in retail or e-commerce business in India. Contact us to discuss your specific needs and explore how we can help you achieve your goals in this dynamic industry.