New Delhi: India’s e-commerce market is expected to vault past $160 billion by 2028, from an estimated $57–$60 billion in 2023, as online shopping has accelerated after the covid-19 pandemic, a report said. Since 2020, the country’s online retail market has consistently expanded by $8–12 billion each year, according to The How India Shops Online 2023 report by Bain and Co., which tracked consumer spending on e-commerce. The market is projected to grow 17–20% in 2023 from a year ago, albeit at a slower pace than the 25-30% in 2019-2022, with high inflation hurting demand for discretionary goods, Bain said...