E-commerce as a major building block for Viksit Bharat@2047

India has emerged as the fastest-growing major economy in the world, slated to be the third largest economy by 2027 (1), surpassing Japan and Germany. This surge is propelled by its strong fundamentals of domestic consumption, manufacturing, controlled inflation, growing exports, investment attractiveness, and innovation. The International Monetary Fund (IMF) has just raised India’s FY25 Gross Domestic Product (GDP) growth projections to 7%, from an earlier 6.8% forecast in April.