GMV of e-commerce India FY 2019-2023

Published by A. Minhas, Sep 13, 2024
During financial year 2023, the gross merchandise value of e-commerce was 60 billion U.S. dollars. This was an increase as compared to the previous financial year when the GMV was 49 billion dollars in India.

Gross merchandise value (GMV) of e-commerce in India from financial year 2019 to 2023 (in billion U.S. dollars)

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Release date

May 2023

Region

India

Survey time period

FY 2019 to FY 2023

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2022 started in April 2021 and ended in March 2022.

One Indian rupee is equal to 0.011 euros and 0.012 dollars (as of May 2023).

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