The unorganised General Trade (GT) channel that is driving India's retail market will continue to grow, doubling in size from $0.7 trillion to $1.4 trillion by 2030, finds a report by Redseer Strategy Consultants. It is further projected that the B2B GT (business-to-business general trade) opportunity in India will reach about $1.2 trillion by 2030, with eB2B (B2B e-commerce) coming up as a promising digital procurement solution.
India's B2B e-commerce market is one of the fastest growing in the world and international benchmarks indicate that it will reach $90-100 billion GMV (gross merchandise value) by 2030, due to multiple favourable