E-commerce market is expected to be at $50-55 billion by 2021 from the current $6-8 billion, according to a recent report.
By 2025, consumer electronics would see maximum penetration of e-commerce between 38-42% compared to 13-15% currently, while food and grocery could see the least growth with 1-3% of e-commerce penetration from under 1% currently, the report noted.
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