Deep Dive 21 minutes PremiumDeep Dive: India Rising Part 3— E-Commerce Enablers in India Coresight Research April 7, 2017 Executive SummaryThis is the third report in our India Rising series focusing on the Indian startup ecosystem. In this report, we look at various e-commerce enablers—firms such as logistics providers and software solution providers that provide support functions in the online retail process. Enabling functions take up some 19% of the total revenue of stable-growth Indian e-commerce firms. In 2015, India spent about $302 billion, or 14.4% of its GDP, on logistics and transportation. We estimate that online retailers in India spent some $1.8 billion on technology for running their websites and apps in 2015. The Indian digital payments market was worth some $50 billion in 2016 and is expected to grow tenfold to $500 billion in 2020. We believe that e-commerce enablers have enormous growth potential in the still-young online retail sector in India, as domestic e-tailers are not yet large enough to justify bringing enabling functions completely in-house. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: China Retail Unveiled: In-Depth Insights Presented at FIRA 2024 Annual MeetingDigitally Native Vertical Brands in the US Beauty Market: Unique Brand Positioning and Expanded Partnerships Fuel GrowthApril 2024 US Retail Sales Outlook: Projecting Low-Single-Digit Growth Amid Growing Disposable IncomeEarnings Insights 4Q22, Week 3: CVS and L’Oréal Report Strong Sales Momentum; Capri, Coty and VF Corp See Declines