India’s online spend to touch Rs875,600 crore by 2018: Report


New Delhi: Indian shoppers are likely to spend almost 85% more on global online marketplaces in 2017 across categories, said a report jointly published by digital payments platform PayPal and market research firm Ipsos.

The report titled PayPal Cross-Border Consumer Research 2016 projected that the overall online spending in the country (including domestic and cross-border) is expected to touch Rs8,75,600 crore in 2018 from the estimated Rs4,92,500 crore in 2016.

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