"Diwali Boost: E-commerce MSMEs in Non-Metro Cities Witness Surge in Orders"

Posted under: MSME
Date: 2023-10-18
"Diwali Boost: E-commerce MSMEs in Non-Metro Cities Witness Surge in Orders"

MSMEs from non-metro cities are clocking more Diwali orders this year than sellers from metro cities, as per a report by tech-enabled logistics platform and unicorn Shiprocket. The report revealed that the e-commerce opportunity could be a staggering USD 13 billion for Indian MSMEs during the festive season. Observing that as much as 56 percent of its order volume originates from non-metropolitan cities, the platform said this underscores the rapid adoption of online shopping and digital transactions in smaller towns and rural areas. With Delhi NCR being a thriving business environment, including a high number of MSMEs, this economic activity is fueling consumer spending during the festive season, the platform said. Shiprocket further said it is also witnessing a rise in festive exports from India, with leading categories for global exports, and demand is mostly driven by the US, the UK, Germany, Australia, Canada, France, and the UAE.

Read more at: knnindia.co.in