reveals D2C sales

Shiprocket-CII-Praxis report reveals D2C sales hit new high

Shiprocket-CII-Praxis report reveals D2C sales hit new high

India’s largest eCommerce enablement platform Shiprocket has released a report on the D2C market in India in collaboration with CII (Confederation of Indian Industries) and Praxis Global Alliance, a global management consulting and advisory services firm. As per the report, Direct to Customer (D2C) is a $12 billion market and is witnessing remarkable and rapid growth. The report states that several D2C brands in India have crossed INR 100Cr revenue in 3-5 years after the launch. The latest report reveals that D2C brands are estimated to be $60 billion industry by FY27, registering a CAGR of about 40%. The numbers…
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