Learning from SHIVIR event by Shiprocket
I had the privilege of attending Shiprocket’s SHIVIR event in New Delhi, where the future of Indian eCommerce was unveiled. The industry is projected to soar from $75 billion in 2022 to a staggering $350 billion by 2030, with digital payments expected to surge by 88 per cent. Efficient logistics remains a significant challenge, and Shiprocket is recognized as one of the top enablers in this domain. The direct-to-consumer (D2C) market shows tremendous potential, and the Open Network for Digital Commerce (ONDC) could bring about game-changing shifts. Consumer behavior reflects a preference for prepaying and fashion tops the list of preferred categories. Sustainability also takes center stage. The event revealed a promising future for Indian eCommerce, offering exciting opportunities for growth and innovation.