Indian e-commerce may almost triple by 2030, Hasan Toor notes

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Andrey Mastykin

14.05.2026

Indian e-commerce may almost triple by 2030, Hasan Toor notes — Indian e-commerce may triple by 2030

Hasan Toor, co-founder at Toor, points to a new ICICI Securities report projecting Indian e-commerce is on track to nearly triple by 2030.

Toor draws attention to growth opportunities in high-average selling price categories, such as smartphones, appliances, and electronics, where household penetration remains below 50 percent. He suggests these segments offer substantial potential for market expansion as more households purchase these products.

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Toor has previously commented on funding rounds in the tech sector, noting CreaoAI’s decision to rebuild with its own product following a $30 million capital raise. He has also highlighted industry responses to business shifts, pointing out FlexSuperApp’s move to personally onboard Parker Card users after the latter’s shutdown. These observations reflect his ongoing focus on company strategies in response to market developments.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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